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DARLING INGREDIENTS INC.（DAR）与Liberty Global Ltd.（LBTYA）财务数据对比。点击上方公司名可切换其他公司
DARLING INGREDIENTS INC.的季度营收约是Liberty Global Ltd.的1.3倍（$1.6B vs $1.2B），DARLING INGREDIENTS INC.净利率更高（1.2% vs -237.0%，领先238.2%），Liberty Global Ltd.同比增速更快（187.2% vs 10.0%），过去两年DARLING INGREDIENTS INC.的营收复合增速更高（-1.6% vs -20.4%）
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。
自由全球有限公司是一家英荷美合资的跨国电信企业，注册地位于百慕大，在伦敦、阿姆斯特丹和丹佛均设有总部。公司旗下拥有英国自由全球控股有限公司、荷兰自由全球有限公司及美国自由全球公司三大主体，其中英国主体为上市实体。企业由自由媒体国际业务部与UnitedGlobalCom于2005年合并成立，在全球电信服务领域拥有深厚的行业积累。
DAR vs LBTYA — 直观对比
营收规模更大
DAR
是对方的1.3倍
$1.2B
营收增速更快
LBTYA
高出177.2%
10.0%
净利率更高
DAR
高出238.2%
-237.0%
两年增速更快
DAR
近两年复合增速
-20.4%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.2B |
| 净利润 | $19.4M | $-2.9B |
| 毛利率 | 24.7% | 66.8% |
| 营业利润率 | 4.6% | -8.6% |
| 净利率 | 1.2% | -237.0% |
| 营收同比 | 10.0% | 187.2% |
| 净利润同比 | 14.2% | -230.0% |
| 每股收益（稀释后） | $0.12 | $-8.66 |
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DARLBTYA
| Q4 25 | — | $1.2B | ||
| Q3 25 | $1.6B | $1.2B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.4B | $-1.4B | ||
| Q3 24 | $1.4B | $1.9B | ||
| Q2 24 | $1.5B | $1.9B | ||
| Q1 24 | $1.4B | $1.9B |
净利润DARLBTYA
| Q4 25 | — | $-2.9B | ||
| Q3 25 | $19.4M | $-90.7M | ||
| Q2 25 | $12.7M | $-2.8B | ||
| Q1 25 | $-26.2M | $-1.3B | ||
| Q4 24 | $101.9M | $2.2B | ||
| Q3 24 | $16.9M | $-1.4B | ||
| Q2 24 | $78.9M | $268.1M | ||
| Q1 24 | $81.2M | $510.0M |
毛利率DARLBTYA
| Q4 25 | — | 66.8% | ||
| Q3 25 | 24.7% | 67.5% | ||
| Q2 25 | 23.3% | 63.3% | ||
| Q1 25 | 22.6% | 65.6% | ||
| Q4 24 | 23.5% | — | ||
| Q3 24 | 22.1% | 69.4% | ||
| Q2 24 | 22.5% | 68.5% | ||
| Q1 24 | 21.4% | 65.4% |
营业利润率DARLBTYA
| Q4 25 | — | -8.6% | ||
| Q3 25 | 4.6% | -0.7% | ||
| Q2 25 | 5.1% | 2.3% | ||
| Q1 25 | 2.1% | 5.2% | ||
| Q4 24 | 8.6% | — | ||
| Q3 24 | 4.2% | 5.2% | ||
| Q2 24 | 10.2% | 1.0% | ||
| Q1 24 | 9.7% | 1.2% |
净利率DARLBTYA
| Q4 25 | — | -237.0% | ||
| Q3 25 | 1.2% | -7.5% | ||
| Q2 25 | 0.9% | -220.1% | ||
| Q1 25 | -1.9% | -114.2% | ||
| Q4 24 | 7.2% | -158.9% | ||
| Q3 24 | 1.2% | -74.1% | ||
| Q2 24 | 5.4% | 14.3% | ||
| Q1 24 | 5.7% | 26.2% |
每股收益（稀释后）DARLBTYA
| Q4 25 | — | $-8.66 | ||
| Q3 25 | $0.12 | $-0.27 | ||
| Q2 25 | $0.08 | $-8.09 | ||
| Q1 25 | $-0.16 | $-3.84 | ||
| Q4 24 | $0.63 | $6.15 | ||
| Q3 24 | $0.11 | $-3.95 | ||
| Q2 24 | $0.49 | $0.71 | ||
| Q1 24 | $0.50 | $1.32 |
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 | $2.2B |
| 总债务越低越好 | $4.0B | $7.8B |
| 股东权益账面价值 | $4.7B | $9.7B |
| 总资产 | $10.5B | $22.6B |
| 负债/权益比越低杠杆越低 | 0.86× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资DARLBTYA
| Q4 25 | — | $2.2B | ||
| Q3 25 | $91.5M | $1.7B | ||
| Q2 25 | $94.6M | $3.1B | ||
| Q1 25 | $81.5M | $2.0B | ||
| Q4 24 | $76.0M | $2.2B | ||
| Q3 24 | $114.8M | $3.3B | ||
| Q2 24 | $121.6M | $3.2B | ||
| Q1 24 | $145.5M | $2.8B |
总债务DARLBTYA
| Q4 25 | — | $7.8B | ||
| Q3 25 | $4.0B | $7.8B | ||
| Q2 25 | $3.9B | $7.8B | ||
| Q1 25 | $3.8B | $8.2B | ||
| Q4 24 | $3.9B | $8.2B | ||
| Q3 24 | $4.1B | $14.9B | ||
| Q2 24 | $4.3B | $14.7B | ||
| Q1 24 | $4.4B | $14.8B |
股东权益DARLBTYA
| Q4 25 | — | $9.7B | ||
| Q3 25 | $4.7B | $12.7B | ||
| Q2 25 | $4.6B | $13.0B | ||
| Q1 25 | $4.4B | $12.6B | ||
| Q4 24 | $4.4B | $12.4B | ||
| Q3 24 | $4.6B | $18.7B | ||
| Q2 24 | $4.5B | $18.3B | ||
| Q1 24 | $4.6B | $18.4B |
总资产DARLBTYA
| Q4 25 | — | $22.6B | ||
| Q3 25 | $10.5B | $25.4B | ||
| Q2 25 | $10.3B | $27.2B | ||
| Q1 25 | $10.0B | $26.0B | ||
| Q4 24 | $10.1B | $25.4B | ||
| Q3 24 | $10.6B | $41.8B | ||
| Q2 24 | $10.6B | $40.8B | ||
| Q1 24 | $10.9B | $40.6B |
负债/权益比DARLBTYA
| Q4 25 | — | 0.80× | ||
| Q3 25 | 0.86× | 0.61× | ||
| Q2 25 | 0.85× | 0.60× | ||
| Q1 25 | 0.86× | 0.65× | ||
| Q4 24 | 0.89× | 0.66× | ||
| Q3 24 | 0.91× | 0.80× | ||
| Q2 24 | 0.97× | 0.80× | ||
| Q1 24 | 0.95× | 0.80× |
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 | $630.9M |
| 自由现金流经营现金流 - 资本支出 | — | $193.3M |
| 自由现金流率自由现金流/营收 | — | 15.7% |
| 资本支出强度资本支出/营收 | — | 35.5% |
| 现金转化率经营现金流/净利润 | 11.59× | — |
| 过去12个月自由现金流最近4个季度 | — | $-132.0M |
8季度趋势，按日历期对齐
经营现金流DARLBTYA
| Q4 25 | — | $630.9M | ||
| Q3 25 | $224.3M | $301.8M | ||
| Q2 25 | $145.8M | $149.2M | ||
| Q1 25 | $249.0M | $129.2M | ||
| Q4 24 | $154.4M | $791.6M | ||
| Q3 24 | $274.5M | $449.5M | ||
| Q2 24 | $146.5M | $546.1M | ||
| Q1 24 | $263.9M | $245.7M |
自由现金流DARLBTYA
| Q4 25 | — | $193.3M | ||
| Q3 25 | — | $-41.1M | ||
| Q2 25 | — | $-170.1M | ||
| Q1 25 | — | $-114.1M | ||
| Q4 24 | — | $712.9M | ||
| Q3 24 | — | $102.4M | ||
| Q2 24 | — | $256.8M | ||
| Q1 24 | — | $-105.1M |
自由现金流率DARLBTYA
| Q4 25 | — | 15.7% | ||
| Q3 25 | — | -3.4% | ||
| Q2 25 | — | -13.4% | ||
| Q1 25 | — | -9.7% | ||
| Q4 24 | — | -50.5% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | — | 13.7% | ||
| Q1 24 | — | -5.4% |
资本支出强度DARLBTYA
| Q4 25 | — | 35.5% | ||
| Q3 25 | — | 28.4% | ||
| Q2 25 | — | 25.2% | ||
| Q1 25 | — | 20.8% | ||
| Q4 24 | — | -5.6% | ||
| Q3 24 | — | 17.9% | ||
| Q2 24 | — | 15.4% | ||
| Q1 24 | — | 18.0% |
现金转化率DARLBTYA
| Q4 25 | — | — | ||
| Q3 25 | 11.59× | — | ||
| Q2 25 | 11.52× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.52× | 0.35× | ||
| Q3 24 | 16.19× | — | ||
| Q2 24 | 1.86× | 2.04× | ||
| Q1 24 | 3.25× | 0.48× |
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% |
LBTYA
暂无分部数据
