Darling Ingredients Inc (DAR)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 278,880 | 261,488 | 369,565 | 543,082 | 647,726 | 719,770 | 785,825 | 735,438 | 737,690 | 736,884 | 692,615 | 687,201 | 650,914 | 539,905 | 494,218 | 363,075 | 296,819 | 494,683 | 419,279 | 380,098 |
| Total stockholders’ equity | US$ in thousands | 4,377,810 | 4,551,410 | 4,460,950 | 4,593,130 | 4,605,430 | 4,380,710 | 4,368,230 | 4,032,530 | 3,809,020 | 3,580,110 | 3,493,470 | 3,425,280 | 3,280,960 | 3,205,520 | 3,118,580 | 2,966,600 | 2,891,910 | 2,773,920 | 2,633,360 | 2,543,560 |
| ROE | 6.37% | 5.75% | 8.28% | 11.82% | 14.06% | 16.43% | 17.99% | 18.24% | 19.37% | 20.58% | 19.83% | 20.06% | 19.84% | 16.84% | 15.85% | 12.24% | 10.26% | 17.83% | 15.92% | 14.94% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $278,880K ÷ $4,377,810K
= 6.37%
Darling Ingredients Inc's Return on Equity (ROE) has displayed fluctuations over the reporting periods covered. The trend shows improvement from March 31, 2020, where the ROE stood at 14.94%, reaching a peak of 20.58% on September 30, 2022. Subsequently, there was a slight decline in ROE noted by the end of December 31, 2022, at 19.37%. The ROE continued to decrease gradually over the next eight quarters, dropping to 6.37% by December 31, 2024.
The ROE indicates the profitability of the company in relation to shareholders' equity, reflecting how efficiently the company is utilizing its resources to generate profit. A higher ROE suggests better profitability for shareholders. The decreasing trend observed in Darling Ingredients Inc's ROE over the quarters may raise concerns about its ability to generate returns for its shareholders. It would be beneficial for stakeholders to closely monitor the company's performance to understand the factors contributing to the decline in ROE and assess the sustainability of its profitability in the long term.
Peer comparison
Dec 31, 2024