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DARLING INGREDIENTS INC.（DAR）与美盛公司（MOS）财务数据对比。点击上方公司名可切换其他公司
美盛公司的季度营收约是DARLING INGREDIENTS INC.的1.9倍（$3.0B vs $1.6B），DARLING INGREDIENTS INC.净利率更高（1.2% vs -17.5%，领先18.7%），DARLING INGREDIENTS INC.同比增速更快（10.0% vs 5.6%），过去两年美盛公司的营收复合增速更高（5.3% 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。
美盛公司（The Mosaic Company）是总部位于美国佛罗里达州坦帕的化工企业，主营磷矿、钾矿开采及尿素采集，依托多元国际分销网络和旗下肥料业务板块生产销售农用肥料，是美国规模最大的钾肥、磷肥生产商。
DAR vs MOS — 直观对比
营收规模更大
MOS
是对方的1.9倍
$1.6B
营收增速更快
DAR
高出4.4%
5.6%
净利率更高
DAR
高出18.7%
-17.5%
两年增速更快
MOS
近两年复合增速
-1.6%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $3.0B |
| 净利润 | $19.4M | $-519.5M |
| 毛利率 | 24.7% | 11.5% |
| 营业利润率 | 4.6% | -3.4% |
| 净利率 | 1.2% | -17.5% |
| 营收同比 | 10.0% | 5.6% |
| 净利润同比 | 14.2% | -407.4% |
| 每股收益（稀释后） | $0.12 | $-1.63 |
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DARMOS
| Q4 25 | — | $3.0B | ||
| Q3 25 | $1.6B | $3.5B | ||
| Q2 25 | $1.5B | $3.0B | ||
| Q1 25 | $1.4B | $2.6B | ||
| Q4 24 | $1.4B | $2.8B | ||
| Q3 24 | $1.4B | $2.8B | ||
| Q2 24 | $1.5B | $2.8B | ||
| Q1 24 | $1.4B | $2.7B |
净利润DARMOS
| Q4 25 | — | $-519.5M | ||
| Q3 25 | $19.4M | $411.4M | ||
| Q2 25 | $12.7M | $410.7M | ||
| Q1 25 | $-26.2M | $238.1M | ||
| Q4 24 | $101.9M | $169.0M | ||
| Q3 24 | $16.9M | $122.2M | ||
| Q2 24 | $78.9M | $-161.5M | ||
| Q1 24 | $81.2M | $45.2M |
毛利率DARMOS
| Q4 25 | — | 11.5% | ||
| Q3 25 | 24.7% | 16.0% | ||
| Q2 25 | 23.3% | 17.3% | ||
| Q1 25 | 22.6% | 18.6% | ||
| Q4 24 | 23.5% | 10.7% | ||
| Q3 24 | 22.1% | 14.8% | ||
| Q2 24 | 22.5% | 14.0% | ||
| Q1 24 | 21.4% | 14.9% |
营业利润率DARMOS
| Q4 25 | — | -3.4% | ||
| Q3 25 | 4.6% | 9.8% | ||
| Q2 25 | 5.1% | 8.1% | ||
| Q1 25 | 2.1% | 12.9% | ||
| Q4 24 | 8.6% | 3.5% | ||
| Q3 24 | 4.2% | 4.1% | ||
| Q2 24 | 10.2% | 8.3% | ||
| Q1 24 | 9.7% | 6.5% |
净利率DARMOS
| Q4 25 | — | -17.5% | ||
| Q3 25 | 1.2% | 11.9% | ||
| Q2 25 | 0.9% | 13.7% | ||
| Q1 25 | -1.9% | 9.1% | ||
| Q4 24 | 7.2% | 6.0% | ||
| Q3 24 | 1.2% | 4.3% | ||
| Q2 24 | 5.4% | -5.7% | ||
| Q1 24 | 5.7% | 1.7% |
每股收益（稀释后）DARMOS
| Q4 25 | — | $-1.63 | ||
| Q3 25 | $0.12 | $1.29 | ||
| Q2 25 | $0.08 | $1.29 | ||
| Q1 25 | $-0.16 | $0.75 | ||
| Q4 24 | $0.63 | $0.53 | ||
| Q3 24 | $0.11 | $0.38 | ||
| Q2 24 | $0.49 | $-0.50 | ||
| Q1 24 | $0.50 | $0.14 |
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 | $276.6M |
| 总债务越低越好 | $4.0B | $4.3B |
| 股东权益账面价值 | $4.7B | $12.1B |
| 总资产 | $10.5B | $24.5B |
| 负债/权益比越低杠杆越低 | 0.86× | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资DARMOS
| Q4 25 | — | $276.6M | ||
| Q3 25 | $91.5M | $153.3M | ||
| Q2 25 | $94.6M | $286.2M | ||
| Q1 25 | $81.5M | $259.2M | ||
| Q4 24 | $76.0M | $272.8M | ||
| Q3 24 | $114.8M | $301.6M | ||
| Q2 24 | $121.6M | $322.0M | ||
| Q1 24 | $145.5M | $336.7M |
总债务DARMOS
| Q4 25 | — | $4.3B | ||
| Q3 25 | $4.0B | $3.4B | ||
| Q2 25 | $3.9B | $3.3B | ||
| Q1 25 | $3.8B | $3.3B | ||
| Q4 24 | $3.9B | $3.3B | ||
| Q3 24 | $4.1B | $3.2B | ||
| Q2 24 | $4.3B | $3.2B | ||
| Q1 24 | $4.4B | $3.2B |
股东权益DARMOS
| Q4 25 | — | $12.1B | ||
| Q3 25 | $4.7B | $12.8B | ||
| Q2 25 | $4.6B | $12.4B | ||
| Q1 25 | $4.4B | $11.8B | ||
| Q4 24 | $4.4B | $11.5B | ||
| Q3 24 | $4.6B | $11.8B | ||
| Q2 24 | $4.5B | $11.7B | ||
| Q1 24 | $4.6B | $12.0B |
总资产DARMOS
| Q4 25 | — | $24.5B | ||
| Q3 25 | $10.5B | $24.7B | ||
| Q2 25 | $10.3B | $24.3B | ||
| Q1 25 | $10.0B | $23.2B | ||
| Q4 24 | $10.1B | $22.9B | ||
| Q3 24 | $10.6B | $23.3B | ||
| Q2 24 | $10.6B | $22.6B | ||
| Q1 24 | $10.9B | $22.9B |
负债/权益比DARMOS
| Q4 25 | — | 0.35× | ||
| Q3 25 | 0.86× | 0.26× | ||
| Q2 25 | 0.85× | 0.27× | ||
| Q1 25 | 0.86× | 0.28× | ||
| Q4 24 | 0.89× | 0.29× | ||
| Q3 24 | 0.91× | 0.27× | ||
| Q2 24 | 0.97× | 0.27× | ||
| Q1 24 | 0.95× | 0.27× |
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 | $-56.1M |
| 自由现金流经营现金流 - 资本支出 | — | $-405.7M |
| 自由现金流率自由现金流/营收 | — | -13.6% |
| 资本支出强度资本支出/营收 | — | 11.8% |
| 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 | — | $-534.6M |
8季度趋势，按日历期对齐
经营现金流DARMOS
| Q4 25 | — | $-56.1M | ||
| Q3 25 | $224.3M | $228.5M | ||
| Q2 25 | $145.8M | $609.5M | ||
| Q1 25 | $249.0M | $42.9M | ||
| Q4 24 | $154.4M | $219.3M | ||
| Q3 24 | $274.5M | $312.9M | ||
| Q2 24 | $146.5M | $847.0M | ||
| Q1 24 | $263.9M | $-80.0M |
自由现金流DARMOS
| Q4 25 | — | $-405.7M | ||
| Q3 25 | — | $-135.9M | ||
| Q2 25 | — | $304.9M | ||
| Q1 25 | — | $-297.9M | ||
| Q4 24 | — | $-74.8M | ||
| Q3 24 | — | $72.1M | ||
| Q2 24 | — | $513.1M | ||
| Q1 24 | — | $-463.0M |
自由现金流率DARMOS
| Q4 25 | — | -13.6% | ||
| Q3 25 | — | -3.9% | ||
| Q2 25 | — | 10.1% | ||
| Q1 25 | — | -11.4% | ||
| Q4 24 | — | -2.7% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 18.2% | ||
| Q1 24 | — | -17.3% |
资本支出强度DARMOS
| Q4 25 | — | 11.8% | ||
| Q3 25 | — | 10.6% | ||
| Q2 25 | — | 10.1% | ||
| Q1 25 | — | 13.0% | ||
| Q4 24 | — | 10.4% | ||
| Q3 24 | — | 8.6% | ||
| Q2 24 | — | 11.9% | ||
| Q1 24 | — | 14.3% |
现金转化率DARMOS
| Q4 25 | — | — | ||
| Q3 25 | 11.59× | 0.56× | ||
| Q2 25 | 11.52× | 1.48× | ||
| Q1 25 | — | 0.18× | ||
| Q4 24 | 1.52× | 1.30× | ||
| Q3 24 | 16.19× | 2.56× | ||
| Q2 24 | 1.86× | — | ||
| Q1 24 | 3.25× | -1.77× |
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% |
MOS
暂无分部数据
