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Side-by-side financial comparison of DARLING INGREDIENTS INC. (DAR) and Everus Construction Group, Inc. (ECG). Click either name above to swap in a different company.
DARLING INGREDIENTS INC. is the larger business by last-quarter revenue ($1.6B vs $1.0B, roughly 1.5× Everus Construction Group, Inc.). Everus Construction Group, Inc. runs the higher net margin — 5.5% vs 1.2%, a 4.2% gap on every dollar of revenue. On growth, Everus Construction Group, Inc. posted the faster year-over-year revenue change (33.2% vs 10.0%). Over the past eight quarters, Everus Construction Group, Inc.'s revenue compounded faster (27.1% CAGR vs -1.6%).
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.
DAR vs ECG — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.6B | $1.0B |
| Net Profit | $19.4M | $55.3M |
| Gross Margin | 24.7% | 11.6% |
| Operating Margin | 4.6% | 6.8% |
| Net Margin | 1.2% | 5.5% |
| Revenue YoY | 10.0% | 33.2% |
| Net Profit YoY | 14.2% | 60.4% |
| EPS (diluted) | $0.12 | $1.09 |
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 | — | $1.0B | ||
| Q3 25 | $1.6B | $986.8M | ||
| Q2 25 | $1.5B | $921.5M | ||
| Q1 25 | $1.4B | $826.6M | ||
| Q4 24 | $1.4B | $759.6M | ||
| Q3 24 | $1.4B | $761.0M | ||
| Q2 24 | $1.5B | $703.4M | ||
| Q1 24 | $1.4B | $625.7M |
| Q4 25 | — | $55.3M | ||
| Q3 25 | $19.4M | $57.0M | ||
| Q2 25 | $12.7M | $52.8M | ||
| Q1 25 | $-26.2M | $36.7M | ||
| Q4 24 | $101.9M | $34.5M | ||
| Q3 24 | $16.9M | $41.8M | ||
| Q2 24 | $78.9M | $39.0M | ||
| Q1 24 | $81.2M | $28.2M |
| Q4 25 | — | 11.6% | ||
| Q3 25 | 24.7% | 12.6% | ||
| Q2 25 | 23.3% | 13.0% | ||
| Q1 25 | 22.6% | 11.2% | ||
| Q4 24 | 23.5% | 11.4% | ||
| Q3 24 | 22.1% | 11.8% | ||
| Q2 24 | 22.5% | 12.6% | ||
| Q1 24 | 21.4% | 11.9% |
| Q4 25 | — | 6.8% | ||
| Q3 25 | 4.6% | 7.3% | ||
| Q2 25 | 5.1% | 7.9% | ||
| Q1 25 | 2.1% | 6.2% | ||
| Q4 24 | 8.6% | 6.1% | ||
| Q3 24 | 4.2% | 7.1% | ||
| Q2 24 | 10.2% | 7.3% | ||
| Q1 24 | 9.7% | 6.2% |
| Q4 25 | — | 5.5% | ||
| Q3 25 | 1.2% | 5.8% | ||
| Q2 25 | 0.9% | 5.7% | ||
| Q1 25 | -1.9% | 4.4% | ||
| Q4 24 | 7.2% | 4.5% | ||
| Q3 24 | 1.2% | 5.5% | ||
| Q2 24 | 5.4% | 5.5% | ||
| Q1 24 | 5.7% | 4.5% |
| Q4 25 | — | $1.09 | ||
| Q3 25 | $0.12 | $1.11 | ||
| Q2 25 | $0.08 | $1.03 | ||
| Q1 25 | $-0.16 | $0.72 | ||
| Q4 24 | $0.63 | $0.68 | ||
| Q3 24 | $0.11 | $0.82 | ||
| Q2 24 | $0.49 | $0.76 | ||
| Q1 24 | $0.50 | $0.55 |
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 | $4.0B | $281.5M |
| Stockholders' EquityBook value | $4.7B | $629.8M |
| Total Assets | $10.5B | $1.7B |
| Debt / EquityLower = less leverage | 0.86× | 0.45× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $91.5M | — | ||
| Q2 25 | $94.6M | — | ||
| Q1 25 | $81.5M | — | ||
| Q4 24 | $76.0M | — | ||
| Q3 24 | $114.8M | $553.0K | ||
| Q2 24 | $121.6M | — | ||
| Q1 24 | $145.5M | — |
| Q4 25 | — | $281.5M | ||
| Q3 25 | $4.0B | $285.1M | ||
| Q2 25 | $3.9B | $288.6M | ||
| Q1 25 | $3.8B | $292.1M | ||
| Q4 24 | $3.9B | $295.6M | ||
| Q3 24 | $4.1B | — | ||
| Q2 24 | $4.3B | — | ||
| Q1 24 | $4.4B | — |
| Q4 25 | — | $629.8M | ||
| Q3 25 | $4.7B | $573.0M | ||
| Q2 25 | $4.6B | $514.4M | ||
| Q1 25 | $4.4B | $460.2M | ||
| Q4 24 | $4.4B | $422.6M | ||
| Q3 24 | $4.6B | $453.3M | ||
| Q2 24 | $4.5B | $490.0M | ||
| Q1 24 | $4.6B | $464.3M |
| Q4 25 | — | $1.7B | ||
| Q3 25 | $10.5B | $1.6B | ||
| Q2 25 | $10.3B | $1.5B | ||
| Q1 25 | $10.0B | $1.4B | ||
| Q4 24 | $10.1B | $1.3B | ||
| Q3 24 | $10.6B | $1.3B | ||
| Q2 24 | $10.6B | — | ||
| Q1 24 | $10.9B | — |
| Q4 25 | — | 0.45× | ||
| Q3 25 | 0.86× | 0.50× | ||
| Q2 25 | 0.85× | 0.56× | ||
| Q1 25 | 0.86× | 0.63× | ||
| Q4 24 | 0.89× | 0.70× | ||
| Q3 24 | 0.91× | — | ||
| Q2 24 | 0.97× | — | ||
| Q1 24 | 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 | $224.3M | $48.2M |
| Free Cash FlowOCF − Capex | — | $23.5M |
| FCF MarginFCF / Revenue | — | 2.3% |
| Capex IntensityCapex / Revenue | — | 2.4% |
| Cash ConversionOCF / Net Profit | 11.59× | 0.87× |
| TTM Free Cash FlowTrailing 4 quarters | — | $90.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $48.2M | ||
| Q3 25 | $224.3M | $76.2M | ||
| Q2 25 | $145.8M | $25.3M | ||
| Q1 25 | $249.0M | $7.1M | ||
| Q4 24 | $154.4M | — | ||
| Q3 24 | $274.5M | $78.9M | ||
| Q2 24 | $146.5M | — | ||
| Q1 24 | $263.9M | $21.9M |
| Q4 25 | — | $23.5M | ||
| Q3 25 | — | $65.7M | ||
| Q2 25 | — | $12.3M | ||
| Q1 25 | — | $-11.4M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $60.9M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $12.6M |
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | 6.7% | ||
| Q2 25 | — | 1.3% | ||
| Q1 25 | — | -1.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 8.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 2.0% |
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.5% |
| Q4 25 | — | 0.87× | ||
| Q3 25 | 11.59× | 1.34× | ||
| Q2 25 | 11.52× | 0.48× | ||
| Q1 25 | — | 0.19× | ||
| Q4 24 | 1.52× | — | ||
| Q3 24 | 16.19× | 1.89× | ||
| Q2 24 | 1.86× | — | ||
| Q1 24 | 3.25× | 0.77× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
ECG
| Commercial | $594.5M | 59% |
| Utility | $203.5M | 20% |
| Industrial | $82.8M | 8% |
| Institutional | $66.1M | 7% |
| Service And Other | $28.4M | 3% |
| Transportation | $24.2M | 2% |
| Renewables | $19.8M | 2% |
