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Side-by-side financial comparison of DARLING INGREDIENTS INC. (DAR) and Roper Technologies (ROP). Click either name above to swap in a different company.
Roper Technologies is the larger business by last-quarter revenue ($2.1B vs $1.6B, roughly 1.3× DARLING INGREDIENTS INC.). Roper Technologies runs the higher net margin — 15.8% vs 1.2%, a 14.6% gap on every dollar of revenue. On growth, Roper Technologies posted the faster year-over-year revenue change (11.3% vs 10.0%). Over the past eight quarters, Roper Technologies's revenue compounded faster (10.5% 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.
Roper Technologies, Inc. is a holding company that owns companies in the technology sector.
DAR vs ROP — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.6B | $2.1B |
| Net Profit | $19.4M | $331.0M |
| Gross Margin | 24.7% | 69.4% |
| Operating Margin | 4.6% | 27.2% |
| Net Margin | 1.2% | 15.8% |
| Revenue YoY | 10.0% | 11.3% |
| Net Profit YoY | 14.2% | 842.6% |
| EPS (diluted) | $0.12 | $4.87 |
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 | — | $2.1B | ||
| Q4 25 | — | $2.1B | ||
| Q3 25 | $1.6B | $2.0B | ||
| Q2 25 | $1.5B | $1.9B | ||
| Q1 25 | $1.4B | $1.9B | ||
| Q4 24 | $1.4B | $1.9B | ||
| Q3 24 | $1.4B | $1.8B | ||
| Q2 24 | $1.5B | $1.7B |
| Q1 26 | — | $331.0M | ||
| Q4 25 | — | $428.4M | ||
| Q3 25 | $19.4M | $398.5M | ||
| Q2 25 | $12.7M | $378.3M | ||
| Q1 25 | $-26.2M | $331.1M | ||
| Q4 24 | $101.9M | $462.3M | ||
| Q3 24 | $16.9M | $367.9M | ||
| Q2 24 | $78.9M | $337.1M |
| Q1 26 | — | 69.4% | ||
| Q4 25 | — | 69.5% | ||
| Q3 25 | 24.7% | 69.5% | ||
| Q2 25 | 23.3% | 69.2% | ||
| Q1 25 | 22.6% | 68.7% | ||
| Q4 24 | 23.5% | 68.3% | ||
| Q3 24 | 22.1% | 69.2% | ||
| Q2 24 | 22.5% | 69.5% |
| Q1 26 | — | 27.2% | ||
| Q4 25 | — | 28.6% | ||
| Q3 25 | 4.6% | 28.4% | ||
| Q2 25 | 5.1% | 28.2% | ||
| Q1 25 | 2.1% | 27.9% | ||
| Q4 24 | 8.6% | 28.0% | ||
| Q3 24 | 4.2% | 28.1% | ||
| Q2 24 | 10.2% | 28.8% |
| Q1 26 | — | 15.8% | ||
| Q4 25 | — | 20.8% | ||
| Q3 25 | 1.2% | 19.8% | ||
| Q2 25 | 0.9% | 19.5% | ||
| Q1 25 | -1.9% | 17.6% | ||
| Q4 24 | 7.2% | 24.6% | ||
| Q3 24 | 1.2% | 20.8% | ||
| Q2 24 | 5.4% | 19.6% |
| Q1 26 | — | $4.87 | ||
| Q4 25 | — | $3.97 | ||
| Q3 25 | $0.12 | $3.68 | ||
| Q2 25 | $0.08 | $3.49 | ||
| Q1 25 | $-0.16 | $3.06 | ||
| Q4 24 | $0.63 | $4.29 | ||
| Q3 24 | $0.11 | $3.40 | ||
| Q2 24 | $0.49 | $3.12 |
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 | $382.9M |
| Total DebtLower is stronger | $4.0B | $9.7B |
| Stockholders' EquityBook value | $4.7B | $18.8B |
| Total Assets | $10.5B | $34.6B |
| Debt / EquityLower = less leverage | 0.86× | 0.52× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $382.9M | ||
| Q4 25 | — | $297.4M | ||
| Q3 25 | $91.5M | $320.0M | ||
| Q2 25 | $94.6M | $242.4M | ||
| Q1 25 | $81.5M | $372.8M | ||
| Q4 24 | $76.0M | $188.2M | ||
| Q3 24 | $114.8M | $269.6M | ||
| Q2 24 | $121.6M | $251.5M |
| Q1 26 | — | $9.7B | ||
| Q4 25 | — | $9.3B | ||
| Q3 25 | $4.0B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $3.8B | — | ||
| Q4 24 | $3.9B | $7.6B | ||
| Q3 24 | $4.1B | — | ||
| Q2 24 | $4.3B | — |
| Q1 26 | — | $18.8B | ||
| Q4 25 | — | $19.9B | ||
| Q3 25 | $4.7B | $20.0B | ||
| Q2 25 | $4.6B | $19.6B | ||
| Q1 25 | $4.4B | $19.2B | ||
| Q4 24 | $4.4B | $18.9B | ||
| Q3 24 | $4.6B | $18.5B | ||
| Q2 24 | $4.5B | $18.1B |
| Q1 26 | — | $34.6B | ||
| Q4 25 | — | $34.6B | ||
| Q3 25 | $10.5B | $34.6B | ||
| Q2 25 | $10.3B | $33.2B | ||
| Q1 25 | $10.0B | $31.4B | ||
| Q4 24 | $10.1B | $31.3B | ||
| Q3 24 | $10.6B | $31.6B | ||
| Q2 24 | $10.6B | $29.8B |
| Q1 26 | — | 0.52× | ||
| Q4 25 | — | 0.47× | ||
| Q3 25 | 0.86× | — | ||
| Q2 25 | 0.85× | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | 0.89× | 0.40× | ||
| 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 | — | $507.0M |
| FCF MarginFCF / Revenue | — | 24.2% |
| Capex IntensityCapex / Revenue | — | 0.5% |
| Cash ConversionOCF / Net Profit | 11.59× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $738.0M | ||
| Q3 25 | $224.3M | $869.5M | ||
| Q2 25 | $145.8M | $404.1M | ||
| Q1 25 | $249.0M | $528.7M | ||
| Q4 24 | $154.4M | $722.2M | ||
| Q3 24 | $274.5M | $755.4M | ||
| Q2 24 | $146.5M | $384.1M |
| Q1 26 | — | $507.0M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | 24.2% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | 0.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.72× | ||
| Q3 25 | 11.59× | 2.18× | ||
| Q2 25 | 11.52× | 1.07× | ||
| Q1 25 | — | 1.60× | ||
| Q4 24 | 1.52× | 1.56× | ||
| Q3 24 | 16.19× | 2.05× | ||
| Q2 24 | 1.86× | 1.14× |
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% |
ROP
Segment breakdown not available.
