Darling Ingredients Inc (DAR)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 240,543 | 255,944 | 366,128 | 579,583 | 707,294 | 810,087 | 926,721 | 882,955 | 884,316 | 883,297 | 846,450 | 848,682 | 815,020 | 676,460 | 592,948 | 426,772 | 350,108 | 573,308 | 503,942 | 452,591 |
| Revenue (ttm) | US$ in thousands | 5,716,780 | 5,662,700 | 5,866,990 | 6,171,400 | 6,546,820 | 6,826,010 | 6,947,070 | 6,832,740 | 6,402,280 | 6,008,080 | 5,446,680 | 4,998,880 | 4,679,450 | 4,377,748 | 4,041,368 | 3,690,927 | 3,499,347 | 3,409,387 | 3,402,572 | 3,369,843 |
| Pretax margin | 4.21% | 4.52% | 6.24% | 9.39% | 10.80% | 11.87% | 13.34% | 12.92% | 13.81% | 14.70% | 15.54% | 16.98% | 17.42% | 15.45% | 14.67% | 11.56% | 10.00% | 16.82% | 14.81% | 13.43% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $240,543K ÷ $5,716,780K
= 4.21%
Darling Ingredients Inc's pretax margin has shown fluctuating trends over the period analyzed. Starting at 13.43% on March 31, 2020, the pretax margin increased steadily, reaching a peak of 17.42% on December 31, 2021. This was followed by a slight fluctuation but generally maintaining levels above 15% until June 30, 2022.
From there, the pretax margin began to decline, dropping to 10.80% by December 31, 2023, and further decreasing to 4.21% by December 31, 2024. This decline may indicate potential challenges in controlling costs or generating sufficient revenues compared to expenses. It is important for the company to closely monitor and address the factors contributing to this decline to ensure long-term profitability and sustainability.
Peer comparison
Dec 31, 2024