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Side-by-side financial comparison of DARLING INGREDIENTS INC. (DAR) and Host Hotels & Resorts (HST). Click either name above to swap in a different company.

Host Hotels & Resorts is the larger business by last-quarter revenue ($1.6B vs $1.6B, roughly 1.0× DARLING INGREDIENTS INC.). Host Hotels & Resorts runs the higher net margin — 8.4% vs 1.2%, a 7.2% gap on every dollar of revenue. On growth, Host Hotels & Resorts posted the faster year-over-year revenue change (12.3% vs 10.0%). Over the past eight quarters, Host Hotels & Resorts's revenue compounded faster (4.4% 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.

Host Hotels & Resorts, Inc., based in Bethesda, Maryland, is an American real estate investment trust that invests in hotels. As of December 31, 2024, the company owned 81 upscale hotels containing about 43,400 rooms in the United States, Brazil, and Canada.

DAR vs HST — Head-to-Head

Bigger by revenue
HST
HST
1.0× larger
HST
$1.6B
$1.6B
DAR
Growing faster (revenue YoY)
HST
HST
+2.3% gap
HST
12.3%
10.0%
DAR
Higher net margin
HST
HST
7.2% more per $
HST
8.4%
1.2%
DAR
Faster 2-yr revenue CAGR
HST
HST
Annualised
HST
4.4%
-1.6%
DAR

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
DAR
DAR
HST
HST
Revenue
$1.6B
$1.6B
Net Profit
$19.4M
$135.0M
Gross Margin
24.7%
Operating Margin
4.6%
12.0%
Net Margin
1.2%
8.4%
Revenue YoY
10.0%
12.3%
Net Profit YoY
14.2%
25.0%
EPS (diluted)
$0.12
$0.20

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.

Revenue
DAR
DAR
HST
HST
Q4 25
$1.6B
Q3 25
$1.6B
$1.3B
Q2 25
$1.5B
$1.6B
Q1 25
$1.4B
$1.6B
Q4 24
$1.4B
$1.4B
Q3 24
$1.4B
$1.3B
Q2 24
$1.5B
$1.5B
Q1 24
$1.4B
$1.5B
Net Profit
DAR
DAR
HST
HST
Q4 25
$135.0M
Q3 25
$19.4M
$161.0M
Q2 25
$12.7M
$221.0M
Q1 25
$-26.2M
$248.0M
Q4 24
$101.9M
$108.0M
Q3 24
$16.9M
$82.0M
Q2 24
$78.9M
$239.0M
Q1 24
$81.2M
$268.0M
Gross Margin
DAR
DAR
HST
HST
Q4 25
Q3 25
24.7%
Q2 25
23.3%
Q1 25
22.6%
Q4 24
23.5%
Q3 24
22.1%
Q2 24
22.5%
Q1 24
21.4%
Operating Margin
DAR
DAR
HST
HST
Q4 25
12.0%
Q3 25
4.6%
7.6%
Q2 25
5.1%
17.5%
Q1 25
2.1%
17.9%
Q4 24
8.6%
11.0%
Q3 24
4.2%
10.2%
Q2 24
10.2%
19.9%
Q1 24
9.7%
19.8%
Net Margin
DAR
DAR
HST
HST
Q4 25
8.4%
Q3 25
1.2%
12.1%
Q2 25
0.9%
13.9%
Q1 25
-1.9%
15.6%
Q4 24
7.2%
7.6%
Q3 24
1.2%
6.2%
Q2 24
5.4%
16.3%
Q1 24
5.7%
18.2%
EPS (diluted)
DAR
DAR
HST
HST
Q4 25
$0.20
Q3 25
$0.12
$0.23
Q2 25
$0.08
$0.32
Q1 25
$-0.16
$0.35
Q4 24
$0.63
$0.15
Q3 24
$0.11
$0.12
Q2 24
$0.49
$0.34
Q1 24
$0.50
$0.38

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DAR
DAR
HST
HST
Cash + ST InvestmentsLiquidity on hand
$91.5M
$768.0M
Total DebtLower is stronger
$4.0B
$1.3B
Stockholders' EquityBook value
$4.7B
$6.6B
Total Assets
$10.5B
$13.0B
Debt / EquityLower = less leverage
0.86×
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAR
DAR
HST
HST
Q4 25
$768.0M
Q3 25
$91.5M
$539.0M
Q2 25
$94.6M
$490.0M
Q1 25
$81.5M
$428.0M
Q4 24
$76.0M
$554.0M
Q3 24
$114.8M
$564.0M
Q2 24
$121.6M
$805.0M
Q1 24
$145.5M
$1.3B
Total Debt
DAR
DAR
HST
HST
Q4 25
$1.3B
Q3 25
$4.0B
Q2 25
$3.9B
Q1 25
$3.8B
Q4 24
$3.9B
$896.0M
Q3 24
$4.1B
Q2 24
$4.3B
Q1 24
$4.4B
Stockholders' Equity
DAR
DAR
HST
HST
Q4 25
$6.6B
Q3 25
$4.7B
$6.7B
Q2 25
$4.6B
$6.6B
Q1 25
$4.4B
$6.7B
Q4 24
$4.4B
$6.6B
Q3 24
$4.6B
$6.7B
Q2 24
$4.5B
$6.8B
Q1 24
$4.6B
$6.7B
Total Assets
DAR
DAR
HST
HST
Q4 25
$13.0B
Q3 25
$10.5B
$13.0B
Q2 25
$10.3B
$13.0B
Q1 25
$10.0B
$12.9B
Q4 24
$10.1B
$13.0B
Q3 24
$10.6B
$13.1B
Q2 24
$10.6B
$12.4B
Q1 24
$10.9B
$12.5B
Debt / Equity
DAR
DAR
HST
HST
Q4 25
0.19×
Q3 25
0.86×
Q2 25
0.85×
Q1 25
0.86×
Q4 24
0.89×
0.14×
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
DAR
DAR
HST
HST
Operating Cash FlowLast quarter
$224.3M
$543.0M
Free Cash FlowOCF − Capex
$445.0M
FCF MarginFCF / Revenue
27.8%
Capex IntensityCapex / Revenue
6.1%
Cash ConversionOCF / Net Profit
11.59×
4.02×
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAR
DAR
HST
HST
Q4 25
$543.0M
Q3 25
$224.3M
$218.0M
Q2 25
$145.8M
$444.0M
Q1 25
$249.0M
$305.0M
Q4 24
$154.4M
$331.0M
Q3 24
$274.5M
$349.0M
Q2 24
$146.5M
$453.0M
Q1 24
$263.9M
$365.0M
Free Cash Flow
DAR
DAR
HST
HST
Q4 25
$445.0M
Q3 25
$143.0M
Q2 25
$381.0M
Q1 25
$259.0M
Q4 24
$235.0M
Q3 24
$262.0M
Q2 24
$409.0M
Q1 24
$332.0M
FCF Margin
DAR
DAR
HST
HST
Q4 25
27.8%
Q3 25
10.7%
Q2 25
24.0%
Q1 25
16.2%
Q4 24
16.5%
Q3 24
19.9%
Q2 24
27.9%
Q1 24
22.6%
Capex Intensity
DAR
DAR
HST
HST
Q4 25
6.1%
Q3 25
5.6%
Q2 25
4.0%
Q1 25
2.9%
Q4 24
6.7%
Q3 24
6.6%
Q2 24
3.0%
Q1 24
2.2%
Cash Conversion
DAR
DAR
HST
HST
Q4 25
4.02×
Q3 25
11.59×
1.35×
Q2 25
11.52×
2.01×
Q1 25
1.23×
Q4 24
1.52×
3.06×
Q3 24
16.19×
4.26×
Q2 24
1.86×
1.90×
Q1 24
3.25×
1.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DAR
DAR

Fats$428.4M27%
Food Ingredients$380.6M24%
Diamond Green Diesel Holdings Llc Joint Venture$342.1M22%
Fuel Ingredients$154.3M10%
Used Cooking Oil$125.9M8%
Other Rendering$76.9M5%
Bakery$46.9M3%
Other Products And Services$12.2M1%

HST
HST

Segment breakdown not available.

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