Darling Ingredients Inc (DAR)

Return on equity (ROE)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	647,726	737,690	650,914	296,819	312,600
Total stockholders’ equity	US$ in thousands	4,605,430	3,809,020	3,280,960	2,891,910	2,565,820
ROE		14.06%	19.37%	19.84%	10.26%	12.18%

December 31, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $647,726K ÷ $4,605,430K
= 14.06%

Darling Ingredients Inc's return on equity (ROE) has exhibited fluctuations over the past five years. The ROE decreased from 19.84% in 2021 to 10.26% in 2020, before recovering to 19.37% in 2022. In 2023, the ROE further declined to 14.06%.

The variability in ROE suggests that Darling Ingredients' ability to generate profit from shareholders' equity has not been consistent. Investors may want to conduct further analysis to understand the factors driving these fluctuations and evaluate the company's profitability and efficiency in utilizing its equity.

Peer comparison

Dec 31, 2023

Company name

Symbol

ROE

Darling Ingredients Inc

DAR

14.06%

Archer-Daniels-Midland Company