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Side-by-side financial comparison of DARLING INGREDIENTS INC. (DAR) and KB HOME (KBH). Click either name above to swap in a different company.
KB HOME is the larger business by last-quarter revenue ($1.7B vs $1.6B, roughly 1.1× DARLING INGREDIENTS INC.). KB HOME runs the higher net margin — 6.0% vs 1.2%, a 4.8% gap on every dollar of revenue. On growth, DARLING INGREDIENTS INC. posted the faster year-over-year revenue change (10.0% vs -15.3%). Over the past eight quarters, KB HOME's revenue compounded faster (7.4% 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.
KB Home is an American homebuilding company founded in 1957 as Kaufman & Broad in Detroit, Michigan. It was the first company to be traded on the New York Stock Exchange as a home builder. Its headquarters are in Los Angeles, California.
DAR vs KBH — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.6B | $1.7B |
| Net Profit | $19.4M | $101.5M |
| Gross Margin | 24.7% | — |
| Operating Margin | 4.6% | — |
| Net Margin | 1.2% | 6.0% |
| Revenue YoY | 10.0% | -15.3% |
| Net Profit YoY | 14.2% | -46.7% |
| EPS (diluted) | $0.12 | $1.55 |
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 | — | $1.7B | ||
| Q3 25 | $1.6B | $1.6B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.4B | $2.0B | ||
| Q3 24 | $1.4B | $1.8B | ||
| Q2 24 | $1.5B | $1.7B | ||
| Q1 24 | $1.4B | $1.5B |
| Q4 25 | — | $101.5M | ||
| Q3 25 | $19.4M | $109.8M | ||
| Q2 25 | $12.7M | $107.9M | ||
| Q1 25 | $-26.2M | $109.6M | ||
| Q4 24 | $101.9M | $190.6M | ||
| Q3 24 | $16.9M | $157.3M | ||
| Q2 24 | $78.9M | $168.4M | ||
| Q1 24 | $81.2M | $138.7M |
| 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% | — |
| Q4 25 | — | — | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | 5.1% | — | ||
| Q1 25 | 2.1% | — | ||
| Q4 24 | 8.6% | — | ||
| Q3 24 | 4.2% | — | ||
| Q2 24 | 10.2% | — | ||
| Q1 24 | 9.7% | — |
| Q4 25 | — | 6.0% | ||
| Q3 25 | 1.2% | 6.8% | ||
| Q2 25 | 0.9% | 7.1% | ||
| Q1 25 | -1.9% | 7.9% | ||
| Q4 24 | 7.2% | 9.5% | ||
| Q3 24 | 1.2% | 9.0% | ||
| Q2 24 | 5.4% | 9.9% | ||
| Q1 24 | 5.7% | 9.4% |
| Q4 25 | — | $1.55 | ||
| Q3 25 | $0.12 | $1.61 | ||
| Q2 25 | $0.08 | $1.50 | ||
| Q1 25 | $-0.16 | $1.49 | ||
| Q4 24 | $0.63 | $2.50 | ||
| Q3 24 | $0.11 | $2.04 | ||
| Q2 24 | $0.49 | $2.15 | ||
| Q1 24 | $0.50 | $1.76 |
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 | — |
| Stockholders' EquityBook value | $4.7B | $3.9B |
| Total Assets | $10.5B | $6.7B |
| Debt / EquityLower = less leverage | 0.86× | — |
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 | — | ||
| Q2 24 | $121.6M | — | ||
| Q1 24 | $145.5M | — |
| Q4 25 | — | — | ||
| Q3 25 | $4.0B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $3.8B | — | ||
| Q4 24 | $3.9B | — | ||
| Q3 24 | $4.1B | — | ||
| Q2 24 | $4.3B | — | ||
| Q1 24 | $4.4B | — |
| Q4 25 | — | $3.9B | ||
| Q3 25 | $4.7B | $3.9B | ||
| Q2 25 | $4.6B | $4.0B | ||
| Q1 25 | $4.4B | $4.1B | ||
| Q4 24 | $4.4B | $4.1B | ||
| Q3 24 | $4.6B | $4.0B | ||
| Q2 24 | $4.5B | $4.0B | ||
| Q1 24 | $4.6B | $3.9B |
| Q4 25 | — | $6.7B | ||
| Q3 25 | $10.5B | $7.0B | ||
| Q2 25 | $10.3B | $7.0B | ||
| Q1 25 | $10.0B | $7.0B | ||
| Q4 24 | $10.1B | $6.9B | ||
| Q3 24 | $10.6B | $6.8B | ||
| Q2 24 | $10.6B | $6.8B | ||
| Q1 24 | $10.9B | $6.7B |
| Q4 25 | — | — | ||
| Q3 25 | 0.86× | — | ||
| Q2 25 | 0.85× | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | 0.89× | — | ||
| 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 | $303.8M |
| Free Cash FlowOCF − Capex | — | $290.1M |
| FCF MarginFCF / Revenue | — | 17.1% |
| Capex IntensityCapex / Revenue | — | 0.8% |
| Cash ConversionOCF / Net Profit | 11.59× | 2.99× |
| TTM Free Cash FlowTrailing 4 quarters | — | $287.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $303.8M | ||
| Q3 25 | $224.3M | $197.7M | ||
| Q2 25 | $145.8M | $168.4M | ||
| Q1 25 | $249.0M | $-334.3M | ||
| Q4 24 | $154.4M | $362.6M | ||
| Q3 24 | $274.5M | $-89.9M | ||
| Q2 24 | $146.5M | $61.5M | ||
| Q1 24 | $263.9M | $28.5M |
| Q4 25 | — | $290.1M | ||
| Q3 25 | — | $185.8M | ||
| Q2 25 | — | $156.9M | ||
| Q1 25 | — | $-345.5M | ||
| Q4 24 | — | $352.6M | ||
| Q3 24 | — | $-99.4M | ||
| Q2 24 | — | $51.2M | ||
| Q1 24 | — | $19.1M |
| Q4 25 | — | 17.1% | ||
| Q3 25 | — | 11.5% | ||
| Q2 25 | — | 10.3% | ||
| Q1 25 | — | -24.8% | ||
| Q4 24 | — | 17.6% | ||
| Q3 24 | — | -5.7% | ||
| Q2 24 | — | 3.0% | ||
| Q1 24 | — | 1.3% |
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 0.6% |
| Q4 25 | — | 2.99× | ||
| Q3 25 | 11.59× | 1.80× | ||
| Q2 25 | 11.52× | 1.56× | ||
| Q1 25 | — | -3.05× | ||
| Q4 24 | 1.52× | 1.90× | ||
| Q3 24 | 16.19× | -0.57× | ||
| Q2 24 | 1.86× | 0.37× | ||
| Q1 24 | 3.25× | 0.21× |
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% |
KBH
| Home Building | $1.7B | 99% |
| Financial Service | $8.7M | 1% |
