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DARLING INGREDIENTS INC.（DAR）与Masco（MAS）财务数据对比。点击上方公司名可切换其他公司
Masco的季度营收约是DARLING INGREDIENTS INC.的1.2倍（$1.9B vs $1.6B），Masco净利率更高（11.9% vs 1.2%，领先10.6%），DARLING INGREDIENTS INC.同比增速更快（10.0% vs 6.5%），过去两年DARLING INGREDIENTS INC.的营收复合增速更高（-1.6% vs -4.2%）
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。
美国家居建材企业Masco主营家装及新建住宅市场相关产品，旗下拥有20余家子公司，在全球运营近80座生产工厂，其中美国本土近60座，海外地区超20座。公司1969年于纽交所挂牌上市，后实现快速增长，成功跻身美国财富500强榜单。
DAR vs MAS — 直观对比
营收规模更大
MAS
是对方的1.2倍
$1.6B
营收增速更快
DAR
高出3.5%
6.5%
净利率更高
MAS
高出10.6%
1.2%
两年增速更快
DAR
近两年复合增速
-4.2%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.9B |
| 净利润 | $19.4M | $228.0M |
| 毛利率 | 24.7% | 35.8% |
| 营业利润率 | 4.6% | 16.5% |
| 净利率 | 1.2% | 11.9% |
| 营收同比 | 10.0% | 6.5% |
| 净利润同比 | 14.2% | 14.5% |
| 每股收益（稀释后） | $0.12 | — |
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DARMAS
| Q1 26 | — | $1.9B | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | $1.6B | $1.9B | ||
| Q2 25 | $1.5B | $2.1B | ||
| Q1 25 | $1.4B | $1.8B | ||
| Q4 24 | $1.4B | $1.8B | ||
| Q3 24 | $1.4B | $2.0B | ||
| Q2 24 | $1.5B | $2.1B |
净利润DARMAS
| Q1 26 | — | $228.0M | ||
| Q4 25 | — | $165.0M | ||
| Q3 25 | $19.4M | $189.0M | ||
| Q2 25 | $12.7M | $270.0M | ||
| Q1 25 | $-26.2M | $186.0M | ||
| Q4 24 | $101.9M | $182.0M | ||
| Q3 24 | $16.9M | $167.0M | ||
| Q2 24 | $78.9M | $258.0M |
毛利率DARMAS
| Q1 26 | — | 35.8% | ||
| Q4 25 | — | 33.9% | ||
| Q3 25 | 24.7% | 34.2% | ||
| Q2 25 | 23.3% | 37.6% | ||
| Q1 25 | 22.6% | 35.8% | ||
| Q4 24 | 23.5% | 34.8% | ||
| Q3 24 | 22.1% | 36.6% | ||
| Q2 24 | 22.5% | 37.5% |
营业利润率DARMAS
| Q1 26 | — | 16.5% | ||
| Q4 25 | — | 13.8% | ||
| Q3 25 | 4.6% | 15.8% | ||
| Q2 25 | 5.1% | 20.1% | ||
| Q1 25 | 2.1% | 15.9% | ||
| Q4 24 | 8.6% | 15.9% | ||
| Q3 24 | 4.2% | 18.0% | ||
| Q2 24 | 10.2% | 19.0% |
净利率DARMAS
| Q1 26 | — | 11.9% | ||
| Q4 25 | — | 9.2% | ||
| Q3 25 | 1.2% | 9.9% | ||
| Q2 25 | 0.9% | 13.2% | ||
| Q1 25 | -1.9% | 10.3% | ||
| Q4 24 | 7.2% | 10.0% | ||
| Q3 24 | 1.2% | 8.4% | ||
| Q2 24 | 5.4% | 12.3% |
每股收益（稀释后）DARMAS
| Q1 26 | — | — | ||
| Q4 25 | — | $0.81 | ||
| Q3 25 | $0.12 | $0.90 | ||
| Q2 25 | $0.08 | $1.28 | ||
| Q1 25 | $-0.16 | $0.87 | ||
| Q4 24 | $0.63 | $0.85 | ||
| Q3 24 | $0.11 | $0.77 | ||
| Q2 24 | $0.49 | $1.17 |
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 | — |
| 总债务越低越好 | $4.0B | $2.9B |
| 股东权益账面价值 | $4.7B | $27.0M |
| 总资产 | $10.5B | $5.2B |
| 负债/权益比越低杠杆越低 | 0.86× | 109.07× |
8季度趋势，按日历期对齐
现金及短期投资DARMAS
| Q1 26 | — | — | ||
| Q4 25 | — | $647.0M | ||
| Q3 25 | $91.5M | $559.0M | ||
| Q2 25 | $94.6M | $390.0M | ||
| Q1 25 | $81.5M | $377.0M | ||
| Q4 24 | $76.0M | $634.0M | ||
| Q3 24 | $114.8M | $646.0M | ||
| Q2 24 | $121.6M | $398.0M |
总债务DARMAS
| Q1 26 | — | $2.9B | ||
| Q4 25 | — | $2.9B | ||
| Q3 25 | $4.0B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $3.8B | — | ||
| Q4 24 | $3.9B | $2.9B | ||
| Q3 24 | $4.1B | — | ||
| Q2 24 | $4.3B | — |
股东权益DARMAS
| Q1 26 | — | $27.0M | ||
| Q4 25 | — | $-185.0M | ||
| Q3 25 | $4.7B | $-78.0M | ||
| Q2 25 | $4.6B | $-84.0M | ||
| Q1 25 | $4.4B | $-254.0M | ||
| Q4 24 | $4.4B | $-279.0M | ||
| Q3 24 | $4.6B | $-88.0M | ||
| Q2 24 | $4.5B | $-26.0M |
总资产DARMAS
| Q1 26 | — | $5.2B | ||
| Q4 25 | — | $5.2B | ||
| Q3 25 | $10.5B | $5.3B | ||
| Q2 25 | $10.3B | $5.3B | ||
| Q1 25 | $10.0B | $5.1B | ||
| Q4 24 | $10.1B | $5.0B | ||
| Q3 24 | $10.6B | $5.3B | ||
| Q2 24 | $10.6B | $5.4B |
负债/权益比DARMAS
| Q1 26 | — | 109.07× | ||
| 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× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | 1.8% |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流DARMAS
| Q1 26 | — | — | ||
| Q4 25 | — | $418.0M | ||
| Q3 25 | $224.3M | $456.0M | ||
| Q2 25 | $145.8M | $306.0M | ||
| Q1 25 | $249.0M | $-158.0M | ||
| Q4 24 | $154.4M | $407.0M | ||
| Q3 24 | $274.5M | $416.0M | ||
| Q2 24 | $146.5M | $346.0M |
自由现金流DARMAS
| Q1 26 | — | — | ||
| Q4 25 | — | $371.0M | ||
| Q3 25 | — | $415.0M | ||
| Q2 25 | — | $270.0M | ||
| Q1 25 | — | $-190.0M | ||
| Q4 24 | — | $351.0M | ||
| Q3 24 | — | $378.0M | ||
| Q2 24 | — | $303.0M |
自由现金流率DARMAS
| Q1 26 | — | — | ||
| Q4 25 | — | 20.7% | ||
| Q3 25 | — | 21.6% | ||
| Q2 25 | — | 13.2% | ||
| Q1 25 | — | -10.5% | ||
| Q4 24 | — | 19.2% | ||
| Q3 24 | — | 19.1% | ||
| Q2 24 | — | 14.5% |
资本支出强度DARMAS
| Q1 26 | — | 1.8% | ||
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | 2.1% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 2.1% |
现金转化率DARMAS
| Q1 26 | — | — | ||
| Q4 25 | — | 2.53× | ||
| Q3 25 | 11.59× | 2.41× | ||
| Q2 25 | 11.52× | 1.13× | ||
| Q1 25 | — | -0.85× | ||
| Q4 24 | 1.52× | 2.24× | ||
| Q3 24 | 16.19× | 2.49× | ||
| Q2 24 | 1.86× | 1.34× |
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% |
MAS
暂无分部数据
