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DARLING INGREDIENTS INC.（DAR）与微博公司（WB）财务数据对比。点击上方公司名可切换其他公司
DARLING INGREDIENTS INC.的季度营收约是微博公司的1.2倍（$1.6B vs $1.3B），微博公司净利率更高（35.7% vs 1.2%，领先34.5%），过去两年微博公司的营收复合增速更高（22.6% 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。
微博公司是中国知名的社交网络企业，旗下运营的新浪微博是国内极具影响力的微博客平台，公司总部位于中国北京，为数以亿计的用户提供社交互动、资讯传播、内容创作等多元互联网服务。
DAR vs WB — 直观对比
营收规模更大
DAR
是对方的1.2倍
$1.3B
净利率更高
WB
高出34.5%
1.2%
两年增速更快
WB
近两年复合增速
-1.6%
损益表 — Q3 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.3B |
| 净利润 | $19.4M | $458.3M |
| 毛利率 | 24.7% | — |
| 营业利润率 | 4.6% | 29.1% |
| 净利率 | 1.2% | 35.7% |
| 营收同比 | 10.0% | — |
| 净利润同比 | 14.2% | — |
| 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DARWB
| Q3 25 | $1.6B | $1.3B | ||
| Q2 25 | $1.5B | $841.7M | ||
| Q1 25 | $1.4B | $396.9M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | $1.3B | ||
| Q2 24 | $1.5B | $833.4M | ||
| Q1 24 | $1.4B | $395.5M | ||
| Q4 23 | $1.6B | — |
净利润DARWB
| Q3 25 | $19.4M | $458.3M | ||
| Q2 25 | $12.7M | $234.8M | ||
| Q1 25 | $-26.2M | $108.1M | ||
| Q4 24 | $101.9M | — | ||
| Q3 24 | $16.9M | $297.4M | ||
| Q2 24 | $78.9M | $164.6M | ||
| Q1 24 | $81.2M | $51.1M | ||
| Q4 23 | $84.5M | — |
毛利率DARWB
| Q3 25 | 24.7% | — | ||
| Q2 25 | 23.3% | — | ||
| Q1 25 | 22.6% | — | ||
| Q4 24 | 23.5% | — | ||
| Q3 24 | 22.1% | — | ||
| Q2 24 | 22.5% | — | ||
| Q1 24 | 21.4% | — | ||
| Q4 23 | 27.0% | — |
营业利润率DARWB
| Q3 25 | 4.6% | 29.1% | ||
| Q2 25 | 5.1% | 30.4% | ||
| Q1 25 | 2.1% | 27.8% | ||
| Q4 24 | 8.6% | — | ||
| Q3 24 | 4.2% | 29.0% | ||
| Q2 24 | 10.2% | 28.2% | ||
| Q1 24 | 9.7% | 25.2% | ||
| Q4 23 | 9.8% | — |
净利率DARWB
| Q3 25 | 1.2% | 35.7% | ||
| Q2 25 | 0.9% | 27.9% | ||
| Q1 25 | -1.9% | 27.2% | ||
| Q4 24 | 7.2% | — | ||
| Q3 24 | 1.2% | 22.9% | ||
| Q2 24 | 5.4% | 19.8% | ||
| Q1 24 | 5.7% | 12.9% | ||
| Q4 23 | 5.2% | — |
每股收益（稀释后）DARWB
| Q3 25 | $0.12 | — | ||
| Q2 25 | $0.08 | — | ||
| Q1 25 | $-0.16 | — | ||
| Q4 24 | $0.63 | — | ||
| Q3 24 | $0.11 | — | ||
| Q2 24 | $0.49 | — | ||
| Q1 24 | $0.50 | — | ||
| Q4 23 | $0.53 | — |
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 | $1.1B |
| 总债务越低越好 | $4.0B | — |
| 股东权益账面价值 | $4.7B | $3.9B |
| 总资产 | $10.5B | $6.9B |
| 负债/权益比越低杠杆越低 | 0.86× | — |
8季度趋势，按日历期对齐
现金及短期投资DARWB
| Q3 25 | $91.5M | $1.1B | ||
| Q2 25 | $94.6M | $1.2B | ||
| Q1 25 | $81.5M | $1.2B | ||
| Q4 24 | $76.0M | — | ||
| Q3 24 | $114.8M | — | ||
| Q2 24 | $121.6M | $1.9B | ||
| Q1 24 | $145.5M | $2.1B | ||
| Q4 23 | $126.5M | — |
总债务DARWB
| 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 | — | ||
| Q4 23 | $4.4B | — |
股东权益DARWB
| Q3 25 | $4.7B | $3.9B | ||
| Q2 25 | $4.6B | $3.6B | ||
| Q1 25 | $4.4B | $3.5B | ||
| Q4 24 | $4.4B | — | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $4.5B | $3.4B | ||
| Q1 24 | $4.6B | $3.3B | ||
| Q4 23 | $4.6B | — |
总资产DARWB
| Q3 25 | $10.5B | $6.9B | ||
| Q2 25 | $10.3B | $6.5B | ||
| Q1 25 | $10.0B | $6.7B | ||
| Q4 24 | $10.1B | — | ||
| Q3 24 | $10.6B | — | ||
| Q2 24 | $10.6B | $7.1B | ||
| Q1 24 | $10.9B | $7.3B | ||
| Q4 23 | $11.1B | — |
负债/权益比DARWB
| 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× | — | ||
| Q4 23 | 0.95× | — |
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 | — | — |
| 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DARWB
| Q3 25 | $224.3M | — | ||
| Q2 25 | $145.8M | — | ||
| Q1 25 | $249.0M | — | ||
| Q4 24 | $154.4M | — | ||
| Q3 24 | $274.5M | — | ||
| Q2 24 | $146.5M | — | ||
| Q1 24 | $263.9M | — | ||
| Q4 23 | $217.0M | — |
现金转化率DARWB
| Q3 25 | 11.59× | — | ||
| Q2 25 | 11.52× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.52× | — | ||
| Q3 24 | 16.19× | — | ||
| Q2 24 | 1.86× | — | ||
| Q1 24 | 3.25× | — | ||
| Q4 23 | 2.57× | — |
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% |
WB
| Income from operations | $373.2M | 29% |
| Shares used in computing diluted net income per share attributable to Weibos shareholders | $268.1M | 21% |
| Shares used in computing basic net income per share attributable to Weibos shareholders | $238.6M | 19% |
| Value-added services | $186.1M | 14% |
| Less: Income tax expenses | $113.2M | 9% |
| Investment related income, net | $45.0M | 4% |
| Product development | $16.7M | 1% |
| General and administrative | $10.6M | 1% |
| Sales and marketing | $7.1M | 1% |
| Accretion to redeemable non-controlling interests | $3.0M | 0% |
