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Side-by-side financial comparison of Albemarle Corporation (ALB) and DARLING INGREDIENTS INC. (DAR). Click either name above to swap in a different company.
DARLING INGREDIENTS INC. is the larger business by last-quarter revenue ($1.6B vs $1.4B, roughly 1.1× Albemarle Corporation). DARLING INGREDIENTS INC. runs the higher net margin — 1.2% vs -29.0%, a 30.2% gap on every dollar of revenue. On growth, Albemarle Corporation posted the faster year-over-year revenue change (15.9% vs 10.0%). Over the past eight quarters, Albemarle Corporation's revenue compounded faster (2.4% CAGR vs -1.6%).
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers...
Darling Ingredients Inc. is a global sustainable natural ingredients maker that converts edible and inedible organic byproducts into high-value products: food-grade nutritional ingredients, animal feed additives, pharmaceutical raw materials and biofuel components, serving food, agriculture, pharma and renewable energy markets across North America, Europe and Asia-Pacific.
ALB vs DAR — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $1.6B |
| Net Profit | $-414.2M | $19.4M |
| Gross Margin | 13.9% | 24.7% |
| Operating Margin | -15.2% | 4.6% |
| Net Margin | -29.0% | 1.2% |
| Revenue YoY | 15.9% | 10.0% |
| Net Profit YoY | -650.1% | 14.2% |
| EPS (diluted) | $-3.88 | $0.12 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.3B | $1.6B | ||
| Q2 25 | $1.3B | $1.5B | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | $1.2B | $1.4B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.4B | $1.5B | ||
| Q1 24 | $1.4B | $1.4B |
| Q4 25 | $-414.2M | — | ||
| Q3 25 | $-160.7M | $19.4M | ||
| Q2 25 | $22.9M | $12.7M | ||
| Q1 25 | $41.3M | $-26.2M | ||
| Q4 24 | $75.3M | $101.9M | ||
| Q3 24 | $-1.1B | $16.9M | ||
| Q2 24 | $-188.2M | $78.9M | ||
| Q1 24 | $2.4M | $81.2M |
| Q4 25 | 13.9% | — | ||
| Q3 25 | 9.0% | 24.7% | ||
| Q2 25 | 14.8% | 23.3% | ||
| Q1 25 | 14.5% | 22.6% | ||
| Q4 24 | 11.2% | 23.5% | ||
| Q3 24 | -7.7% | 22.1% | ||
| Q2 24 | -0.7% | 22.5% | ||
| Q1 24 | 2.9% | 21.4% |
| Q4 25 | -15.2% | — | ||
| Q3 25 | -16.6% | 4.6% | ||
| Q2 25 | 3.6% | 5.1% | ||
| Q1 25 | 1.8% | 2.1% | ||
| Q4 24 | 0.4% | 8.6% | ||
| Q3 24 | -81.9% | 4.2% | ||
| Q2 24 | -34.4% | 10.2% | ||
| Q1 24 | -13.2% | 9.7% |
| Q4 25 | -29.0% | — | ||
| Q3 25 | -12.3% | 1.2% | ||
| Q2 25 | 1.7% | 0.9% | ||
| Q1 25 | 3.8% | -1.9% | ||
| Q4 24 | 6.1% | 7.2% | ||
| Q3 24 | -78.9% | 1.2% | ||
| Q2 24 | -13.2% | 5.4% | ||
| Q1 24 | 0.2% | 5.7% |
| Q4 25 | $-3.88 | — | ||
| Q3 25 | $-1.72 | $0.12 | ||
| Q2 25 | $-0.16 | $0.08 | ||
| Q1 25 | $0.00 | $-0.16 | ||
| Q4 24 | $0.29 | $0.63 | ||
| Q3 24 | $-9.45 | $0.11 | ||
| Q2 24 | $-1.96 | $0.49 | ||
| Q1 24 | $-0.08 | $0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $91.5M |
| Total DebtLower is stronger | $3.2B | $4.0B |
| Stockholders' EquityBook value | $9.5B | $4.7B |
| Total Assets | $16.4B | $10.5B |
| Debt / EquityLower = less leverage | 0.33× | 0.86× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $1.9B | $91.5M | ||
| Q2 25 | $1.8B | $94.6M | ||
| Q1 25 | $1.5B | $81.5M | ||
| Q4 24 | $1.2B | $76.0M | ||
| Q3 24 | $1.7B | $114.8M | ||
| Q2 24 | $1.8B | $121.6M | ||
| Q1 24 | $2.1B | $145.5M |
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.6B | $4.0B | ||
| Q2 25 | $3.6B | $3.9B | ||
| Q1 25 | $3.5B | $3.8B | ||
| Q4 24 | $3.5B | $3.9B | ||
| Q3 24 | $3.6B | $4.1B | ||
| Q2 24 | $3.5B | $4.3B | ||
| Q1 24 | $3.5B | $4.4B |
| Q4 25 | $9.5B | — | ||
| Q3 25 | $10.0B | $4.7B | ||
| Q2 25 | $10.2B | $4.6B | ||
| Q1 25 | $10.0B | $4.4B | ||
| Q4 24 | $10.0B | $4.4B | ||
| Q3 24 | $10.2B | $4.6B | ||
| Q2 24 | $11.2B | $4.5B | ||
| Q1 24 | $11.5B | $4.6B |
| Q4 25 | $16.4B | — | ||
| Q3 25 | $17.1B | $10.5B | ||
| Q2 25 | $17.3B | $10.3B | ||
| Q1 25 | $17.0B | $10.0B | ||
| Q4 24 | $16.6B | $10.1B | ||
| Q3 24 | $17.5B | $10.6B | ||
| Q2 24 | $18.4B | $10.6B | ||
| Q1 24 | $19.0B | $10.9B |
| Q4 25 | 0.33× | — | ||
| Q3 25 | 0.36× | 0.86× | ||
| Q2 25 | 0.35× | 0.85× | ||
| Q1 25 | 0.35× | 0.86× | ||
| Q4 24 | 0.35× | 0.89× | ||
| Q3 24 | 0.35× | 0.91× | ||
| Q2 24 | 0.31× | 0.97× | ||
| Q1 24 | 0.31× | 0.95× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $388.5M | $224.3M |
| Free Cash FlowOCF − Capex | $233.1M | — |
| FCF MarginFCF / Revenue | 16.3% | — |
| Capex IntensityCapex / Revenue | 10.9% | — |
| Cash ConversionOCF / Net Profit | — | 11.59× |
| TTM Free Cash FlowTrailing 4 quarters | $692.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $388.5M | — | ||
| Q3 25 | $355.6M | $224.3M | ||
| Q2 25 | $-7.2M | $145.8M | ||
| Q1 25 | $545.4M | $249.0M | ||
| Q4 24 | $674.0K | $154.4M | ||
| Q3 24 | $240.5M | $274.5M | ||
| Q2 24 | $362.9M | $146.5M | ||
| Q1 24 | $98.0M | $263.9M |
| Q4 25 | $233.1M | — | ||
| Q3 25 | $223.4M | — | ||
| Q2 25 | $-126.8M | — | ||
| Q1 25 | $362.8M | — | ||
| Q4 24 | $-355.1M | — | ||
| Q3 24 | $-62.6M | — | ||
| Q2 24 | $-84.7M | — | ||
| Q1 24 | $-481.4M | — |
| Q4 25 | 16.3% | — | ||
| Q3 25 | 17.1% | — | ||
| Q2 25 | -9.5% | — | ||
| Q1 25 | 33.7% | — | ||
| Q4 24 | -28.8% | — | ||
| Q3 24 | -4.6% | — | ||
| Q2 24 | -5.9% | — | ||
| Q1 24 | -35.4% | — |
| Q4 25 | 10.9% | — | ||
| Q3 25 | 10.1% | — | ||
| Q2 25 | 9.0% | — | ||
| Q1 25 | 17.0% | — | ||
| Q4 24 | 28.9% | — | ||
| Q3 24 | 22.4% | — | ||
| Q2 24 | 31.3% | — | ||
| Q1 24 | 42.6% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 11.59× | ||
| Q2 25 | -0.31× | 11.52× | ||
| Q1 25 | 13.19× | — | ||
| Q4 24 | 0.01× | 1.52× | ||
| Q3 24 | — | 16.19× | ||
| Q2 24 | — | 1.86× | ||
| Q1 24 | 40.01× | 3.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALB
| Energy Storage | $759.1M | 53% |
| Specialties | $348.9M | 24% |
| Ketjen | $320.1M | 22% |
DAR
| Fats | $428.4M | 27% |
| Food Ingredients | $380.6M | 24% |
| Diamond Green Diesel Holdings Llc Joint Venture | $342.1M | 22% |
| Fuel Ingredients | $154.3M | 10% |
| Used Cooking Oil | $125.9M | 8% |
| Other Rendering | $76.9M | 5% |
| Bakery | $46.9M | 3% |
| Other Products And Services | $12.2M | 1% |
