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Side-by-side financial comparison of Ametek (AME) and DARLING INGREDIENTS INC. (DAR). Click either name above to swap in a different company.
Ametek is the larger business by last-quarter revenue ($1.9B vs $1.6B, roughly 1.2× DARLING INGREDIENTS INC.). Ametek runs the higher net margin — 20.7% vs 1.2%, a 19.5% gap on every dollar of revenue. On growth, Ametek posted the faster year-over-year revenue change (11.3% vs 10.0%). Over the past eight quarters, Ametek's revenue compounded faster (5.4% CAGR vs -1.6%).
AMETEK, Inc. is an American multinational conglomerate and global designer and manufacturer of electronic instruments and electromechanical devices with headquarters in the United States and over 150 sites worldwide.
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.
AME vs DAR — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.9B | $1.6B |
| Net Profit | $399.4M | $19.4M |
| Gross Margin | 37.2% | 24.7% |
| Operating Margin | 26.7% | 4.6% |
| Net Margin | 20.7% | 1.2% |
| Revenue YoY | 11.3% | 10.0% |
| Net Profit YoY | 13.5% | 14.2% |
| EPS (diluted) | $1.74 | $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.
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $1.9B | $1.6B | ||
| Q2 25 | $1.8B | $1.5B | ||
| Q1 25 | $1.7B | $1.4B | ||
| Q4 24 | $1.8B | $1.4B | ||
| Q3 24 | $1.7B | $1.4B | ||
| Q2 24 | $1.7B | $1.5B |
| Q1 26 | $399.4M | — | ||
| Q4 25 | $398.6M | — | ||
| Q3 25 | $371.4M | $19.4M | ||
| Q2 25 | $358.4M | $12.7M | ||
| Q1 25 | $351.8M | $-26.2M | ||
| Q4 24 | $387.3M | $101.9M | ||
| Q3 24 | $340.2M | $16.9M | ||
| Q2 24 | $337.7M | $78.9M |
| Q1 26 | 37.2% | — | ||
| Q4 25 | 36.0% | — | ||
| Q3 25 | 36.3% | 24.7% | ||
| Q2 25 | 35.8% | 23.3% | ||
| Q1 25 | 36.1% | 22.6% | ||
| Q4 24 | 36.6% | 23.5% | ||
| Q3 24 | 36.0% | 22.1% | ||
| Q2 24 | 36.0% | 22.5% |
| Q1 26 | 26.7% | — | ||
| Q4 25 | 25.3% | — | ||
| Q3 25 | 25.8% | 4.6% | ||
| Q2 25 | 26.0% | 5.1% | ||
| Q1 25 | 26.3% | 2.1% | ||
| Q4 24 | 26.6% | 8.6% | ||
| Q3 24 | 26.1% | 4.2% | ||
| Q2 24 | 25.8% | 10.2% |
| Q1 26 | 20.7% | — | ||
| Q4 25 | 19.9% | — | ||
| Q3 25 | 19.6% | 1.2% | ||
| Q2 25 | 20.2% | 0.9% | ||
| Q1 25 | 20.3% | -1.9% | ||
| Q4 24 | 22.0% | 7.2% | ||
| Q3 24 | 19.9% | 1.2% | ||
| Q2 24 | 19.5% | 5.4% |
| Q1 26 | $1.74 | — | ||
| Q4 25 | $1.73 | — | ||
| Q3 25 | $1.60 | $0.12 | ||
| Q2 25 | $1.55 | $0.08 | ||
| Q1 25 | $1.52 | $-0.16 | ||
| Q4 24 | $1.67 | $0.63 | ||
| Q3 24 | $1.47 | $0.11 | ||
| Q2 24 | $1.45 | $0.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $481.3M | $91.5M |
| Total DebtLower is stronger | — | $4.0B |
| Stockholders' EquityBook value | $10.9B | $4.7B |
| Total Assets | $16.3B | $10.5B |
| Debt / EquityLower = less leverage | — | 0.86× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $481.3M | — | ||
| Q4 25 | $458.0M | — | ||
| Q3 25 | $439.2M | $91.5M | ||
| Q2 25 | $619.7M | $94.6M | ||
| Q1 25 | $399.0M | $81.5M | ||
| Q4 24 | $374.0M | $76.0M | ||
| Q3 24 | $396.3M | $114.8M | ||
| Q2 24 | $396.6M | $121.6M |
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | $3.9B | ||
| Q1 25 | — | $3.8B | ||
| Q4 24 | $2.1B | $3.9B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | — | $4.3B |
| Q1 26 | $10.9B | — | ||
| Q4 25 | $10.6B | — | ||
| Q3 25 | $10.5B | $4.7B | ||
| Q2 25 | $10.4B | $4.6B | ||
| Q1 25 | $10.0B | $4.4B | ||
| Q4 24 | $9.7B | $4.4B | ||
| Q3 24 | $9.6B | $4.6B | ||
| Q2 24 | $9.3B | $4.5B |
| Q1 26 | $16.3B | — | ||
| Q4 25 | $16.1B | — | ||
| Q3 25 | $16.2B | $10.5B | ||
| Q2 25 | $15.3B | $10.3B | ||
| Q1 25 | $14.9B | $10.0B | ||
| Q4 24 | $14.6B | $10.1B | ||
| Q3 24 | $14.8B | $10.6B | ||
| Q2 24 | $14.8B | $10.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.21× | — | ||
| Q3 25 | — | 0.86× | ||
| Q2 25 | — | 0.85× | ||
| Q1 25 | — | 0.86× | ||
| Q4 24 | 0.22× | 0.89× | ||
| Q3 24 | — | 0.91× | ||
| Q2 24 | — | 0.97× |
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 | — | $224.3M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 11.59× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $584.3M | — | ||
| Q3 25 | $440.9M | $224.3M | ||
| Q2 25 | $359.1M | $145.8M | ||
| Q1 25 | $417.5M | $249.0M | ||
| Q4 24 | $550.0M | $154.4M | ||
| Q3 24 | $487.2M | $274.5M | ||
| Q2 24 | $381.4M | $146.5M |
| Q1 26 | — | — | ||
| Q4 25 | $527.3M | — | ||
| Q3 25 | $420.0M | — | ||
| Q2 25 | $329.8M | — | ||
| Q1 25 | $394.5M | — | ||
| Q4 24 | $498.3M | — | ||
| Q3 24 | $460.9M | — | ||
| Q2 24 | $360.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 26.4% | — | ||
| Q3 25 | 22.2% | — | ||
| Q2 25 | 18.5% | — | ||
| Q1 25 | 22.8% | — | ||
| Q4 24 | 28.3% | — | ||
| Q3 24 | 27.0% | — | ||
| Q2 24 | 20.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.9% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 1.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.47× | — | ||
| Q3 25 | 1.19× | 11.59× | ||
| Q2 25 | 1.00× | 11.52× | ||
| Q1 25 | 1.19× | — | ||
| Q4 24 | 1.42× | 1.52× | ||
| Q3 24 | 1.43× | 16.19× | ||
| Q2 24 | 1.13× | 1.86× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AME
| Electronic Instruments | $1.3B | 66% |
| Electromechanical | $663.9M | 34% |
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% |
