vs
Side-by-side financial comparison of DARLING INGREDIENTS INC. (DAR) and KEMPER Corp (KMPR). Click either name above to swap in a different company.
DARLING INGREDIENTS INC. is the larger business by last-quarter revenue ($1.6B vs $1.1B, roughly 1.4× KEMPER Corp). DARLING INGREDIENTS INC. runs the higher net margin — 1.2% vs -0.7%, a 1.9% gap on every dollar of revenue. On growth, DARLING INGREDIENTS INC. posted the faster year-over-year revenue change (10.0% vs -4.7%). Over the past eight quarters, KEMPER Corp's revenue compounded faster (-0.5% 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.
Kemper Corporation is an American insurance provider with corporate headquarters located in Chicago, Illinois. With nearly $13 billion in assets, the Kemper family of companies provides insurance to individuals, families, and businesses.
DAR vs KMPR — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.6B | $1.1B |
| Net Profit | $19.4M | $-8.0M |
| Gross Margin | 24.7% | — |
| Operating Margin | 4.6% | — |
| Net Margin | 1.2% | -0.7% |
| Revenue YoY | 10.0% | -4.7% |
| Net Profit YoY | 14.2% | -108.2% |
| EPS (diluted) | $0.12 | $-0.03 |
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 | — | $1.1B | ||
| Q3 25 | $1.6B | $1.2B | ||
| Q2 25 | $1.5B | $1.2B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.4B | $1.2B | ||
| Q3 24 | $1.4B | $1.2B | ||
| Q2 24 | $1.5B | $1.1B | ||
| Q1 24 | $1.4B | $1.1B |
| Q4 25 | — | $-8.0M | ||
| Q3 25 | $19.4M | $-21.0M | ||
| Q2 25 | $12.7M | $72.6M | ||
| Q1 25 | $-26.2M | $99.7M | ||
| Q4 24 | $101.9M | $97.4M | ||
| Q3 24 | $16.9M | $73.7M | ||
| Q2 24 | $78.9M | $75.4M | ||
| Q1 24 | $81.2M | $71.3M |
| 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% | 11.2% | ||
| Q2 24 | 10.2% | 10.1% | ||
| Q1 24 | 9.7% | 7.6% |
| Q4 25 | — | -0.7% | ||
| Q3 25 | 1.2% | -1.7% | ||
| Q2 25 | 0.9% | 5.9% | ||
| Q1 25 | -1.9% | 8.4% | ||
| Q4 24 | 7.2% | 8.2% | ||
| Q3 24 | 1.2% | 6.3% | ||
| Q2 24 | 5.4% | 6.7% | ||
| Q1 24 | 5.7% | 6.2% |
| Q4 25 | — | $-0.03 | ||
| Q3 25 | $0.12 | $-0.34 | ||
| Q2 25 | $0.08 | $1.12 | ||
| Q1 25 | $-0.16 | $1.54 | ||
| Q4 24 | $0.63 | $1.51 | ||
| Q3 24 | $0.11 | $1.14 | ||
| Q2 24 | $0.49 | $1.16 | ||
| Q1 24 | $0.50 | $1.10 |
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 | $943.5M |
| Stockholders' EquityBook value | $4.7B | $2.7B |
| Total Assets | $10.5B | $12.5B |
| Debt / EquityLower = less leverage | 0.86× | 0.35× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $91.5M | $371.2M | ||
| Q2 25 | $94.6M | $407.6M | ||
| Q1 25 | $81.5M | $545.3M | ||
| Q4 24 | $76.0M | $1.0B | ||
| Q3 24 | $114.8M | $696.9M | ||
| Q2 24 | $121.6M | $539.1M | ||
| Q1 24 | $145.5M | $520.7M |
| Q4 25 | — | $943.5M | ||
| Q3 25 | $4.0B | $943.1M | ||
| Q2 25 | $3.9B | $942.6M | ||
| Q1 25 | $3.8B | $942.1M | ||
| Q4 24 | $3.9B | $1.4B | ||
| Q3 24 | $4.1B | $1.4B | ||
| Q2 24 | $4.3B | $1.4B | ||
| Q1 24 | $4.4B | $1.4B |
| Q4 25 | — | $2.7B | ||
| Q3 25 | $4.7B | $2.7B | ||
| Q2 25 | $4.6B | $370.0M | ||
| Q1 25 | $4.4B | $366.0M | ||
| Q4 24 | $4.4B | $2.8B | ||
| Q3 24 | $4.6B | $2.8B | ||
| Q2 24 | $4.5B | $358.0M | ||
| Q1 24 | $4.6B | $2.6B |
| Q4 25 | — | $12.5B | ||
| Q3 25 | $10.5B | $12.4B | ||
| Q2 25 | $10.3B | $12.6B | ||
| Q1 25 | $10.0B | $12.5B | ||
| Q4 24 | $10.1B | $12.6B | ||
| Q3 24 | $10.6B | $12.6B | ||
| Q2 24 | $10.6B | $12.6B | ||
| Q1 24 | $10.9B | $12.6B |
| Q4 25 | — | 0.35× | ||
| Q3 25 | 0.86× | 0.35× | ||
| Q2 25 | 0.85× | 2.55× | ||
| Q1 25 | 0.86× | 2.57× | ||
| Q4 24 | 0.89× | 0.50× | ||
| Q3 24 | 0.91× | 0.50× | ||
| Q2 24 | 0.97× | 3.88× | ||
| Q1 24 | 0.95× | 0.54× |
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 | $175.0M |
| Free Cash FlowOCF − Capex | — | $166.2M |
| FCF MarginFCF / Revenue | — | 14.7% |
| Capex IntensityCapex / Revenue | — | 0.8% |
| Cash ConversionOCF / Net Profit | 11.59× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $553.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $175.0M | ||
| Q3 25 | $224.3M | $139.9M | ||
| Q2 25 | $145.8M | $89.6M | ||
| Q1 25 | $249.0M | $180.0M | ||
| Q4 24 | $154.4M | $175.1M | ||
| Q3 24 | $274.5M | $141.9M | ||
| Q2 24 | $146.5M | $22.9M | ||
| Q1 24 | $263.9M | $43.0M |
| Q4 25 | — | $166.2M | ||
| Q3 25 | — | $133.4M | ||
| Q2 25 | — | $82.0M | ||
| Q1 25 | — | $172.3M | ||
| Q4 24 | — | $165.4M | ||
| Q3 24 | — | $131.4M | ||
| Q2 24 | — | $5.2M | ||
| Q1 24 | — | $27.7M |
| Q4 25 | — | 14.7% | ||
| Q3 25 | — | 10.8% | ||
| Q2 25 | — | 6.7% | ||
| Q1 25 | — | 14.4% | ||
| Q4 24 | — | 13.9% | ||
| Q3 24 | — | 11.1% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 2.4% |
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.8% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 1.6% | ||
| Q1 24 | — | 1.3% |
| Q4 25 | — | — | ||
| Q3 25 | 11.59× | — | ||
| Q2 25 | 11.52× | 1.23× | ||
| Q1 25 | — | 1.81× | ||
| Q4 24 | 1.52× | 1.80× | ||
| Q3 24 | 16.19× | 1.93× | ||
| Q2 24 | 1.86× | 0.30× | ||
| Q1 24 | 3.25× | 0.60× |
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% |
KMPR
| Specialty Property Casualty Insurance Segment | $995.1M | 88% |
| Life Insurance Segment1 | $140.7M | 12% |