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Side-by-side financial comparison of DARLING INGREDIENTS INC. (DAR) and Vontier Corp (VNT). Click either name above to swap in a different company.

DARLING INGREDIENTS INC. is the larger business by last-quarter revenue ($1.6B vs $808.5M, roughly 1.9× Vontier Corp). Vontier Corp runs the higher net margin — 15.3% vs 1.2%, a 14.0% gap on every dollar of revenue. On growth, DARLING INGREDIENTS INC. posted the faster year-over-year revenue change (10.0% vs 4.1%). Over the past eight quarters, Vontier Corp's revenue compounded faster (3.4% 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.

Vontier Corporation is an industrial manufacturing company headquartered in Raleigh, North Carolina. It owns the brands Gilbarco Veeder-Root, Matco Tools and Teletrac Navman, including subsidiaries Hennessy Industries, Gasboy, and Global Traffic Technologies (GTT).

DAR vs VNT — Head-to-Head

Bigger by revenue
DAR
DAR
1.9× larger
DAR
$1.6B
$808.5M
VNT
Growing faster (revenue YoY)
DAR
DAR
+5.9% gap
DAR
10.0%
4.1%
VNT
Higher net margin
VNT
VNT
14.0% more per $
VNT
15.3%
1.2%
DAR
Faster 2-yr revenue CAGR
VNT
VNT
Annualised
VNT
3.4%
-1.6%
DAR

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
DAR
DAR
VNT
VNT
Revenue
$1.6B
$808.5M
Net Profit
$19.4M
$123.5M
Gross Margin
24.7%
Operating Margin
4.6%
18.9%
Net Margin
1.2%
15.3%
Revenue YoY
10.0%
4.1%
Net Profit YoY
14.2%
0.0%
EPS (diluted)
$0.12
$0.85

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
VNT
VNT
Q4 25
$808.5M
Q3 25
$1.6B
$752.5M
Q2 25
$1.5B
$773.5M
Q1 25
$1.4B
$741.1M
Q4 24
$1.4B
$776.8M
Q3 24
$1.4B
$750.0M
Q2 24
$1.5B
$696.4M
Q1 24
$1.4B
$755.8M
Net Profit
DAR
DAR
VNT
VNT
Q4 25
$123.5M
Q3 25
$19.4M
$102.8M
Q2 25
$12.7M
$91.9M
Q1 25
$-26.2M
$87.9M
Q4 24
$101.9M
$123.5M
Q3 24
$16.9M
$91.8M
Q2 24
$78.9M
$70.1M
Q1 24
$81.2M
$136.8M
Gross Margin
DAR
DAR
VNT
VNT
Q4 25
Q3 25
24.7%
47.3%
Q2 25
23.3%
47.9%
Q1 25
22.6%
47.3%
Q4 24
23.5%
Q3 24
22.1%
47.2%
Q2 24
22.5%
48.2%
Q1 24
21.4%
49.2%
Operating Margin
DAR
DAR
VNT
VNT
Q4 25
18.9%
Q3 25
4.6%
18.9%
Q2 25
5.1%
17.6%
Q1 25
2.1%
17.6%
Q4 24
8.6%
19.2%
Q3 24
4.2%
17.5%
Q2 24
10.2%
16.4%
Q1 24
9.7%
18.8%
Net Margin
DAR
DAR
VNT
VNT
Q4 25
15.3%
Q3 25
1.2%
13.7%
Q2 25
0.9%
11.9%
Q1 25
-1.9%
11.9%
Q4 24
7.2%
15.9%
Q3 24
1.2%
12.2%
Q2 24
5.4%
10.1%
Q1 24
5.7%
18.1%
EPS (diluted)
DAR
DAR
VNT
VNT
Q4 25
$0.85
Q3 25
$0.12
$0.70
Q2 25
$0.08
$0.62
Q1 25
$-0.16
$0.59
Q4 24
$0.63
$0.82
Q3 24
$0.11
$0.60
Q2 24
$0.49
$0.45
Q1 24
$0.50
$0.88

Balance Sheet & Financial Strength

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

Metric
DAR
DAR
VNT
VNT
Cash + ST InvestmentsLiquidity on hand
$91.5M
$492.2M
Total DebtLower is stronger
$4.0B
Stockholders' EquityBook value
$4.7B
$1.2B
Total Assets
$10.5B
$4.4B
Debt / EquityLower = less leverage
0.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAR
DAR
VNT
VNT
Q4 25
$492.2M
Q3 25
$91.5M
$433.8M
Q2 25
$94.6M
$364.2M
Q1 25
$81.5M
$333.6M
Q4 24
$76.0M
$356.4M
Q3 24
$114.8M
$330.9M
Q2 24
$121.6M
$331.3M
Q1 24
$145.5M
$406.0M
Total Debt
DAR
DAR
VNT
VNT
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
Stockholders' Equity
DAR
DAR
VNT
VNT
Q4 25
$1.2B
Q3 25
$4.7B
$1.2B
Q2 25
$4.6B
$1.2B
Q1 25
$4.4B
$1.1B
Q4 24
$4.4B
$1.1B
Q3 24
$4.6B
$1.0B
Q2 24
$4.5B
$1.0B
Q1 24
$4.6B
$984.9M
Total Assets
DAR
DAR
VNT
VNT
Q4 25
$4.4B
Q3 25
$10.5B
$4.4B
Q2 25
$10.3B
$4.4B
Q1 25
$10.0B
$4.3B
Q4 24
$10.1B
$4.3B
Q3 24
$10.6B
$4.3B
Q2 24
$10.6B
$4.2B
Q1 24
$10.9B
$4.3B
Debt / Equity
DAR
DAR
VNT
VNT
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
DAR
DAR
VNT
VNT
Operating Cash FlowLast quarter
$224.3M
$190.1M
Free Cash FlowOCF − Capex
$174.8M
FCF MarginFCF / Revenue
21.6%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
11.59×
1.54×
TTM Free Cash FlowTrailing 4 quarters
$441.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAR
DAR
VNT
VNT
Q4 25
$190.1M
Q3 25
$224.3M
$110.5M
Q2 25
$145.8M
$100.0M
Q1 25
$249.0M
$110.4M
Q4 24
$154.4M
$168.1M
Q3 24
$274.5M
$121.8M
Q2 24
$146.5M
$46.1M
Q1 24
$263.9M
$91.5M
Free Cash Flow
DAR
DAR
VNT
VNT
Q4 25
$174.8M
Q3 25
$90.3M
Q2 25
$83.3M
Q1 25
$92.7M
Q4 24
$148.0M
Q3 24
$103.2M
Q2 24
$22.3M
Q1 24
$71.3M
FCF Margin
DAR
DAR
VNT
VNT
Q4 25
21.6%
Q3 25
12.0%
Q2 25
10.8%
Q1 25
12.5%
Q4 24
19.1%
Q3 24
13.8%
Q2 24
3.2%
Q1 24
9.4%
Capex Intensity
DAR
DAR
VNT
VNT
Q4 25
1.9%
Q3 25
2.7%
Q2 25
2.2%
Q1 25
2.4%
Q4 24
2.6%
Q3 24
2.5%
Q2 24
3.4%
Q1 24
2.7%
Cash Conversion
DAR
DAR
VNT
VNT
Q4 25
1.54×
Q3 25
11.59×
1.07×
Q2 25
11.52×
1.09×
Q1 25
1.26×
Q4 24
1.52×
1.36×
Q3 24
16.19×
1.33×
Q2 24
1.86×
0.66×
Q1 24
3.25×
0.67×

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%

VNT
VNT

Environmental Fueling Solutions Segment$387.5M48%
Services$191.0M24%
Repair Solutions Segment$144.5M18%
Other$85.5M11%

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