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DARLING INGREDIENTS INC.（DAR）与TechnipFMC plc（FTI）财务数据对比。点击上方公司名可切换其他公司
TechnipFMC plc的季度营收约是DARLING INGREDIENTS INC.的1.6倍（$2.5B vs $1.6B），TechnipFMC plc净利率更高（9.6% vs 1.2%，领先8.4%），DARLING INGREDIENTS INC.同比增速更快（10.0% vs 6.3%），过去两年TechnipFMC plc的营收复合增速更高（11.0% vs -1.6%）
Darling Ingredients Inc.是全球领先的可持续天然原料生产商，将可食用及不可食用有机副产品加工为食品级营养成分、动物饲料添加剂、制药原料、生物燃料组分等高价值产品，服务全球食品、农业、制药、可再生能源领域客户。
TechnipFMC是一家注册地位于英国的全球能源服务商，兼具法国与美国企业背景，核心业务为油气领域提供专业技术与服务支持。公司由美国FMC科技与法国Technip于2016年宣布合并，2017年正式完成组建，业务覆盖全球主要能源市场。
DAR vs FTI — 直观对比
营收规模更大
FTI
是对方的1.6倍
$1.6B
营收增速更快
DAR
高出3.7%
6.3%
净利率更高
FTI
高出8.4%
1.2%
两年增速更快
FTI
近两年复合增速
-1.6%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $2.5B |
| 净利润 | $19.4M | $242.7M |
| 毛利率 | 24.7% | — |
| 营业利润率 | 4.6% | 12.6% |
| 净利率 | 1.2% | 9.6% |
| 营收同比 | 10.0% | 6.3% |
| 净利润同比 | 14.2% | 8.0% |
| 每股收益（稀释后） | $0.12 | $0.58 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收DARFTI
| Q4 25 | — | $2.5B | ||
| Q3 25 | $1.6B | $2.6B | ||
| Q2 25 | $1.5B | $2.5B | ||
| Q1 25 | $1.4B | $2.2B | ||
| Q4 24 | $1.4B | $2.4B | ||
| Q3 24 | $1.4B | $2.3B | ||
| Q2 24 | $1.5B | $2.3B | ||
| Q1 24 | $1.4B | $2.0B |
净利润DARFTI
| Q4 25 | — | $242.7M | ||
| Q3 25 | $19.4M | $309.7M | ||
| Q2 25 | $12.7M | $269.5M | ||
| Q1 25 | $-26.2M | $142.0M | ||
| Q4 24 | $101.9M | $224.7M | ||
| Q3 24 | $16.9M | $274.6M | ||
| Q2 24 | $78.9M | $186.5M | ||
| Q1 24 | $81.2M | $157.1M |
毛利率DARFTI
| Q4 25 | — | — | ||
| Q3 25 | 24.7% | — | ||
| Q2 25 | 23.3% | 23.1% | ||
| Q1 25 | 22.6% | 20.5% | ||
| Q4 24 | 23.5% | — | ||
| Q3 24 | 22.1% | — | ||
| Q2 24 | 22.5% | 21.2% | ||
| Q1 24 | 21.4% | 16.4% |
营业利润率DARFTI
| Q4 25 | — | 12.6% | ||
| Q3 25 | 4.6% | 16.5% | ||
| Q2 25 | 5.1% | 15.9% | ||
| Q1 25 | 2.1% | 12.5% | ||
| Q4 24 | 8.6% | 11.3% | ||
| Q3 24 | 4.2% | 13.7% | ||
| Q2 24 | 10.2% | 13.3% | ||
| Q1 24 | 9.7% | 12.7% |
净利率DARFTI
| Q4 25 | — | 9.6% | ||
| Q3 25 | 1.2% | 11.7% | ||
| Q2 25 | 0.9% | 10.6% | ||
| Q1 25 | -1.9% | 6.4% | ||
| Q4 24 | 7.2% | 9.5% | ||
| Q3 24 | 1.2% | 11.7% | ||
| Q2 24 | 5.4% | 8.0% | ||
| Q1 24 | 5.7% | 7.7% |
每股收益（稀释后）DARFTI
| Q4 25 | — | $0.58 | ||
| Q3 25 | $0.12 | $0.75 | ||
| Q2 25 | $0.08 | $0.64 | ||
| Q1 25 | $-0.16 | $0.33 | ||
| Q4 24 | $0.63 | $0.51 | ||
| Q3 24 | $0.11 | $0.63 | ||
| Q2 24 | $0.49 | $0.42 | ||
| Q1 24 | $0.50 | $0.35 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $91.5M | $1.0B |
| 总债务越低越好 | $4.0B | $430.0M |
| 股东权益账面价值 | $4.7B | $3.4B |
| 总资产 | $10.5B | $10.1B |
| 负债/权益比越低杠杆越低 | 0.86× | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资DARFTI
| Q4 25 | — | $1.0B | ||
| Q3 25 | $91.5M | $876.6M | ||
| Q2 25 | $94.6M | $950.0M | ||
| Q1 25 | $81.5M | $1.2B | ||
| Q4 24 | $76.0M | $1.2B | ||
| Q3 24 | $114.8M | — | ||
| Q2 24 | $121.6M | — | ||
| Q1 24 | $145.5M | — |
总债务DARFTI
| Q4 25 | — | $430.0M | ||
| Q3 25 | $4.0B | $438.0M | ||
| Q2 25 | $3.9B | $696.3M | ||
| Q1 25 | $3.8B | $904.9M | ||
| Q4 24 | $3.9B | $885.2M | ||
| Q3 24 | $4.1B | $966.7M | ||
| Q2 24 | $4.3B | $968.4M | ||
| Q1 24 | $4.4B | $1.0B |
股东权益DARFTI
| Q4 25 | — | $3.4B | ||
| Q3 25 | $4.7B | $3.3B | ||
| Q2 25 | $4.6B | $3.3B | ||
| Q1 25 | $4.4B | $3.1B | ||
| Q4 24 | $4.4B | $3.1B | ||
| Q3 24 | $4.6B | $3.3B | ||
| Q2 24 | $4.5B | $3.0B | ||
| Q1 24 | $4.6B | $3.0B |
总资产DARFTI
| Q4 25 | — | $10.1B | ||
| Q3 25 | $10.5B | $10.3B | ||
| Q2 25 | $10.3B | $10.1B | ||
| Q1 25 | $10.0B | $10.0B | ||
| Q4 24 | $10.1B | $9.9B | ||
| Q3 24 | $10.6B | $9.7B | ||
| Q2 24 | $10.6B | $9.2B | ||
| Q1 24 | $10.9B | $9.1B |
负债/权益比DARFTI
| Q4 25 | — | 0.13× | ||
| Q3 25 | 0.86× | 0.13× | ||
| Q2 25 | 0.85× | 0.21× | ||
| Q1 25 | 0.86× | 0.29× | ||
| Q4 24 | 0.89× | 0.29× | ||
| Q3 24 | 0.91× | 0.30× | ||
| Q2 24 | 0.97× | 0.33× | ||
| Q1 24 | 0.95× | 0.34× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $224.3M | $453.6M |
| 自由现金流经营现金流 - 资本支出 | — | $359.1M |
| 自由现金流率自由现金流/营收 | — | 14.3% |
| 资本支出强度资本支出/营收 | — | 3.8% |
| 现金转化率经营现金流/净利润 | 11.59× | 1.87× |
| 过去12个月自由现金流最近4个季度 | — | $1.4B |
8季度趋势，按日历期对齐
经营现金流DARFTI
| Q4 25 | — | $453.6M | ||
| Q3 25 | $224.3M | $525.1M | ||
| Q2 25 | $145.8M | $344.2M | ||
| Q1 25 | $249.0M | $441.7M | ||
| Q4 24 | $154.4M | $578.9M | ||
| Q3 24 | $274.5M | $277.9M | ||
| Q2 24 | $146.5M | $230.9M | ||
| Q1 24 | $263.9M | $-126.7M |
自由现金流DARFTI
| Q4 25 | — | $359.1M | ||
| Q3 25 | — | $447.8M | ||
| Q2 25 | — | $260.6M | ||
| Q1 25 | — | $379.9M | ||
| Q4 24 | — | $452.7M | ||
| Q3 24 | — | $225.3M | ||
| Q2 24 | — | $180.1M | ||
| Q1 24 | — | $-178.7M |
自由现金流率DARFTI
| Q4 25 | — | 14.3% | ||
| Q3 25 | — | 16.9% | ||
| Q2 25 | — | 10.3% | ||
| Q1 25 | — | 17.0% | ||
| Q4 24 | — | 19.1% | ||
| Q3 24 | — | 9.6% | ||
| Q2 24 | — | 7.7% | ||
| Q1 24 | — | -8.8% |
资本支出强度DARFTI
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | 5.3% | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | 2.5% |
现金转化率DARFTI
| Q4 25 | — | 1.87× | ||
| Q3 25 | 11.59× | 1.70× | ||
| Q2 25 | 11.52× | 1.28× | ||
| Q1 25 | — | 3.11× | ||
| Q4 24 | 1.52× | 2.58× | ||
| Q3 24 | 16.19× | 1.01× | ||
| Q2 24 | 1.86× | 1.24× | ||
| Q1 24 | 3.25× | -0.81× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
FTI
| Services | $1.3B | 52% |
| Products | $1.1B | 44% |
| Other | $55.1M | 2% |
| Surface Technologies | $22.4M | 1% |
