DAR Darling Ingredients Inc. Common Stock

NYSE · Food Products · View on SEC EDGAR ↗
$67.58
Price · Aug 19, 2026
Fundamentals as of Aug 7, 2026

About Darling Ingredients Inc. Common Stock Company overview from Wikipedia

DAR Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$67.58
Market Cap
$10.74B
P/E (TTM)
174.1
EPS (TTM)
$0.39
Revenue (TTM)
$6.14B
Div Yield
ROE
1.4%
Debt/Equity
52W Range
$29 – $69

DAR Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $6.14B
10-point trend, +80.9%
2016-12-31 2026-01-03
EPS $0.39
10-point trend, -37.1%
2016-12-31 2026-01-03
Free Cash Flow $679M
10-point trend, +360.5%
2016-12-31 2026-01-03
Margins 1.0%
2-point trend, +7.4%
2024-12-28 2026-01-03

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
DAR
Peer Median
P/E (TTM)
5-point trend, +443.2%
174.1
20.4
P/S (TTM)
5-point trend, -58.7%
1.8
0.7
P/B
5-point trend, -63.0%
2.3
1.2
Price / FCF
5-point trend, -66.1%
15.8

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
DAR
Peer Median
Gross Margin
2-point trend, +7.4%
24.0%
4.9%
Operating Margin
5-point trend, -76.1%
4.5%
Net Profit Margin
5-point trend, -92.6%
1.0%
1.1%
ROA
5-point trend, -94.4%
0.62%
2.0%
ROE
5-point trend, -93.5%
1.4%
4.7%
ROIC
5-point trend, -69.1%
6.7%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
DAR
Peer Median
Current Ratio
5-point trend, +3.8%
1.5
1.5
Quick Ratio
5-point trend, -88.0%
0.1

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
DAR
Peer Median
Revenue YoY
5-point trend, +29.4%
7.4%
Revenue CAGR 3Y
5-point trend, +29.4%
-2.1%
Revenue CAGR 5Y
5-point trend, +29.4%
11.4%
EPS YoY
5-point trend, -90.0%
-77.5%
Net Income YoY
5-point trend, -90.4%
-77.5%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
DAR
Peer Median
EPS (Diluted)
5-point trend, -90.0%
$0.39

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
DAR
Peer Median

DAR Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 18 analysts
  • Strong Buy 8 44.4%
  • Buy 8 44.4%
  • Hold 2 11.1%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

12 analysts · 2026-08-17
Median target $79.00 +16.9%
Mean target $78.58 +16.3%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.08%
Period EPS Actual EPS Est Surprise
June 30, 2026 $2.41 $1.40 1.0%
March 31, 2026 $0.83 $0.57 0.26%
Dec. 31, 2025 $0.35 $0.40 -0.05%
Sept. 30, 2025 $0.12 $0.19 -0.07%
June 30, 2025 $0.10 $0.29 -0.19%
March 31, 2025 $-0.16 $0.32 -0.48%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
DAR $5.95B 96.5 7.4% 1.0% 1.4% 24.0%
ADM $27.60B 25.8 -6.2% 1.3% 4.8% 6.3%
BG 29.7 32.4%
BG 29.7 32.4%
INGR $6.94B 9.9 -2.8% 10.1% 18.1% 25.3%
CHSCP
ALCO $265M -1.8 -5.5% -334.4% -83.2% -436.2%
LMNR $255M -15.2 -16.6% -10.0% -8.8%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 17
Annual Income Statement data for DAR
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +55.1% $6.14B $5.72B $6.79B $6.53B $4.74B $3.57B $3.36B $3.39B $3.66B $3.39B $3.39B $3.96B
Cost of Revenue 12-point trend, +49.3% $4.66B $4.44B $5.14B $5.00B $3.50B $2.69B $2.59B $2.65B $2.88B $2.64B $2.65B $3.12B
Gross Profit 4-point trend, -3.7% $1.47B $1.28B $1.65B $1.53B · · · · · · · ·
SG&A Expense 12-point trend, +47.1% $551M $492M $543M $437M $392M $378M $359M $309M $344M $312M $316M $375M
Operating Expenses 12-point trend, +53.3% $5.81B $5.40B $6.20B $5.88B $4.21B $3.46B $3.25B $3.29B $3.52B $3.24B $3.25B $3.79B
Operating Income 12-point trend, +66.2% $273M $468M $950M $1.03B $884M $431M $476M $255M $169M $155M $143M $165M
Interest Expense 10-point trend, +91.4% · · $259M $126M $62M $73M $79M $86M $89M $94M $106M $135M
Interest Income 3-point trend, +201.9% · $16M $16M $5M · · · · · · · ·
Other Non-op 12-point trend, +56.5% $468.0K $22M $16M $-4M $-5M $-6M $-7M $-8M $-9M $-7M $-7M $299.0K
Pretax Income 12-point trend, -25.1% $61M $248M $720M $894M $821M $354M $380M $118M $64M $123M $99M $81M
Income Tax 12-point trend, -171.2% $-9M $-38M $60M $147M $164M $53M $59M $12M $-69M $15M $14M $13M
Net Income 12-point trend, -2.2% $63M $279M $648M $738M $651M $297M $313M $101M $128M $102M $79M $64M
EPS (Basic) 12-point trend, +2.6% $0.40 $1.75 $4.05 $4.58 $4.01 $1.83 $1.90 $0.62 $0.78 $0.62 $0.48 $0.39
EPS (Diluted) 12-point trend, +0.0% $0.39 $1.73 $3.99 $4.49 $3.90 $1.78 $1.86 $0.60 $0.77 $0.62 $0.48 $0.39
Shares (Basic) 12-point trend, -3.7% 158,479,000 159,513,000 159,861,000 161,000,000 162,454,000 162,572,000 164,633,000 164,789,000 164,752,000 164,600,000 165,031,000 164,627,000
Shares (Diluted) 12-point trend, -3.0% 160,157,000 161,418,000 162,387,000 164,121,000 167,096,000 167,208,000 168,378,000 167,910,000 166,730,000 165,212,000 165,119,000 165,059,000
EBITDA 12-point trend, +66.2% $273M $468M $950M $1.03B $884M $431M $476M $95M $137M $152M $143M $165M
Balance Sheet 29
Annual Balance Sheet data for DAR
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, -18.5% $89M $76M $127M $127M $69M $82M $73M $107M $107M $115M $157M $109M
Receivables 9-point trend, +65.1% · · · $677M $469M $405M $406M $386M $392M $388M $371M $410M
Inventory 12-point trend, +31.4% $528M $577M $759M $674M $457M $406M $363M $341M $358M $331M $345M $402M
Prepaid Expense 12-point trend, +90.9% $85M $81M $106M $86M $54M $48M $47M $35M $38M $30M $36M $45M
Other Current Assets 12-point trend, +88.2% $40M $42M $43M $56M $39M $42M $25M $22M $57M $22M $10M $21M
Current Assets 12-point trend, +54.0% $1.55B $1.44B $1.86B $1.64B $1.09B $987M $917M $898M $956M $893M $932M $1.01B
PP&E (Net) 12-point trend, +77.6% $2.80B $2.71B $2.94B $2.46B $1.84B $1.86B $1.80B $1.69B $1.65B $1.52B $1.51B $1.57B
PP&E (Gross) 12-point trend, +175.6% $5.79B $5.29B $5.30B $4.52B $3.70B $3.57B $3.24B $2.93B $2.72B $2.36B $2.16B $2.10B
Accum. Depreciation 12-point trend, +469.1% $2.99B $2.58B $2.36B $2.05B $1.86B $1.70B $1.44B $1.25B $1.08B $842M $653M $526M
Goodwill 12-point trend, +86.2% $2.46B $2.32B $2.48B $1.97B $1.22B $1.26B $1.22B $1.23B $1.30B $1.23B $1.23B $1.32B
Intangibles 12-point trend, -9.4% $845M $898M $1.08B $865M $398M $474M $526M $596M $676M $712M $782M $932M
Other Non-current Assets 12-point trend, +167.8% $190M $200M $235M $136M $67M $61M $47M $53M $62M $44M $42M $71M
Total Assets 12-point trend, +100.9% $10.30B $10.07B $11.06B $9.20B $6.13B $5.61B $5.35B $4.89B $4.96B $4.70B $4.76B $5.13B
Accrued Liabilities 12-point trend, +89.6% $485M $489M $441M $432M $351M $335M $311M $309M $314M $243M $240M $256M
Current Liabilities 12-point trend, +114.0% $1.03B $1.04B $998M $1.07B $753M $675M $688M $540M $559M $452M $442M $483M
Capital Leases 12-point trend, +3213.5% $162M $152M $155M $142M $120M $110M $91M $0 $100.0K $200.0K $700.0K $5M
Deferred Tax 12-point trend, -36.6% $241M $293M $498M $482M $363M $276M $248M $231M $267M $346M $361M $379M
Other Non-current Liabilities 12-point trend, +65.2% $189M $208M $350M $299M $111M $117M $116M $115M $106M $96M $98M $115M
Total Liabilities 12-point trend, +78.5% $5.49B $5.61B $6.37B $5.31B $2.79B $2.66B $2.70B $2.55B $2.63B $2.62B $2.79B $3.08B
Long-term Debt 2-point trend, -10.3% · · · · · · · · · · $1.93B $2.15B
Total Debt 2-point trend, -8.9% · · · · · · · · · · $1.96B $2.15B
Common Stock 12-point trend, +5.7% $2M $2M $2M $2M $2M $2M $2M $2M $2M $2M $2M $2M
Paid-in Capital 12-point trend, +16.2% $1.72B $1.72B $1.70B $1.66B $1.63B $1.60B $1.56B $1.54B $1.52B $1.50B $1.49B $1.48B
Retained Earnings 12-point trend, +506.4% $4.07B $4.01B $3.73B $3.09B $2.35B $1.70B $1.40B $1.09B $981M $853M $750M $672M
Treasury Stock 12-point trend, +2999.4% $719M $673M $629M $554M $375M $152M $75M $48M $44M $41M $34M $23M
AOCI 12-point trend, -91.6% $-339M $-684M $-198M $-384M $-322M $-252M $-322M $-305M $-210M $-340M $-336M $-177M
Stockholders' Equity 12-point trend, +142.5% $4.74B $4.38B $4.61B $3.81B $3.28B $2.89B $2.57B $2.27B $2.24B $1.97B $1.87B $1.95B
Liabilities + Equity 12-point trend, +100.9% $10.30B $10.07B $11.06B $9.20B $6.13B $5.61B $5.35B $4.89B $4.96B $4.70B $4.76B $5.13B
Shares Outstanding 12-point trend, -4.0% 158,193,345 158,897,470 159,533,789 159,969,596 160,792,004 162,200,389 163,775,111 164,660,598 164,653,437 164,612,558 164,735,376 164,712,663
Cash Flow 17
Annual Cash Flow data for DAR
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +88.7% $509M $504M $502M $395M $316M $350M $326M $321M $302M $290M $270M $270M
Stock-based Comp 12-point trend, +4.7% $22M $21M $33M $25M $22M $23M $21M $19M $18M $10M $9M $21M
Deferred Tax 12-point trend, -768.5% $-103M $-122M $-48M $39M $95M $15M $22M $-16M $-101M $-12M $5M $-12M
Amort. of Intangibles 12-point trend, +25.6% $105M $112M $125M $89M $67M $74M $74M $75M $78M $78M $83M $84M
Operating Cash Flow 12-point trend, +285.1% $1.06B $839M $899M $814M $704M $625M $363M $399M $410M $391M $421M $275M
CapEx 12-point trend, +66.2% $380M $332M $555M $391M $274M $280M $359M $322M $274M $244M $230M $229M
Investing Cash Flow 12-point trend, +70.7% $-681M $-499M $-1.68B $-2.42B $-490M $-311M $-338M $-342M $-284M $-243M $-230M $-2.32B
Debt Issued 12-point trend, -40.2% $1.10B $6M $817M $1.93B $44M $35M $518M $625M $33M $36M $591M $1.84B
Net Debt Issued 12-point trend, -133.8% $-509M $-46M $498M $1.87B $-98M $-198M $-64M $-62M $-116M $-168M $-19M $1.51B
Stock Issued 12-point trend, -0.7% $413.0K $447.0K $0 $0 $50.0K $67.0K $39.0K $182.0K $22.0K $188.0K $171.0K $416.0K
Stock Repurchased 12-point trend, +34668000.00 $35M $34M $53M $126M $168M $55M $19M $0 $0 $5M $6M $0
Net Stock Activity 12-point trend, -8334.4% $-34M $-34M $-53M $-126M $-168M $-55M $-19M $182.0K $22.0K $-5M $-6M $416.0K
Financing Cash Flow 12-point trend, -129.5% $-377M $-400M $876M $1.68B $-221M $-307M $-55M $-48M $-155M $-184M $-140M $1.28B
Net Change in Cash 12-point trend, +98.2% $-14M $-47M $114M $81M $-13M $9M $-34M $453.0K $-8M $-42M $48M $-762M
Taxes Paid 12-point trend, +106.3% $58M $103M $153M $113M $46M $37M $30M $33M $26M $23M $-3M $28M
Free Cash Flow 12-point trend, +1368.5% $679M $507M $344M $422M $430M $345M $3M $77M $136M $148M $192M $46M
Levered FCF 10-point trend, +257.5% · · $106M $317M $381M $283M $-63M $-896.0K $-48M $65M $100M $-67M
Profitability 8
Annual Profitability data for DAR
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 2-point trend, +7.4% 24.0% 22.4% · · · · · · · · · ·
Operating Margin 12-point trend, +7.2% 4.5% 8.2% 14.0% 15.8% 18.6% 12.1% 14.1% 2.8% 3.7% 4.5% 4.2% 4.2%
Net Margin 12-point trend, -37.0% 1.0% 4.9% 9.5% 11.3% 13.7% 8.3% 9.3% 3.0% 3.5% 3.0% 2.3% 1.6%
Pretax Margin 12-point trend, -51.9% 0.99% 4.3% 10.6% 13.7% 17.3% 9.9% 11.3% 3.5% 1.8% 3.6% 2.9% 2.1%
EBITDA Margin 12-point trend, +7.2% 4.5% 8.2% 14.0% 15.8% 18.6% 12.1% 14.1% 2.8% 3.7% 4.5% 4.2% 4.2%
ROA 12-point trend, -59.5% 0.62% 2.6% 6.4% 9.6% 11.1% 5.4% 6.1% 2.1% 2.7% 2.2% 1.6% 1.5%
ROE 12-point trend, -57.3% 1.4% 6.2% 15.4% 20.8% 21.1% 10.9% 12.9% 4.5% 6.1% 5.3% 4.1% 3.2%
ROIC 12-point trend, +98.2% 6.7% 12.3% 18.9% 22.6% 21.6% 12.7% 15.7% 3.8% 12.7% 6.7% 3.2% 3.4%
Liquidity & Solvency 5
Annual Liquidity & Solvency data for DAR
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 12-point trend, -31.0% 1.5 1.4 1.9 1.5 1.4 1.5 1.3 1.7 1.7 2.0 2.1 2.2
Quick Ratio 12-point trend, -92.0% 0.1 0.1 0.1 0.8 0.7 0.7 0.7 0.9 0.9 1.1 1.2 1.1
Debt / Equity 2-point trend, -4.9% · · · · · · · · · · 1.0 1.1
LT Debt / Equity 2-point trend, -4.8% · · · · · · · · · · 1.0 1.1
Interest Coverage 10-point trend, +201.6% · · 3.7 8.2 14.2 5.9 6.0 1.1 1.5 1.6 1.4 1.2
Efficiency 3
Annual Efficiency data for DAR
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, -35.9% 0.6 0.5 0.7 0.9 0.8 0.7 0.7 0.7 0.8 0.7 0.7 0.9
Inventory Turnover 12-point trend, -36.9% 8.4 6.6 7.2 8.8 8.1 7.0 7.4 7.6 8.3 7.8 7.1 13.4
Receivables Turnover 9-point trend, -24.7% · · · 11.4 10.8 8.8 8.5 8.7 9.4 8.9 8.7 15.1
Per Share 5
Annual Per Share data for DAR
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 12-point trend, +152.5% $29.94 $27.55 $28.87 $23.81 $20.41 $17.83 $15.67 $13.80 $13.63 $11.99 $11.36 $11.86
Revenue / Share 12-point trend, +59.8% $38.31 $35.41 $41.80 $39.80 $28.38 $21.36 $19.98 $20.18 $21.97 $20.57 $20.58 $23.97
Cash Flow / Share 12-point trend, +296.9% $6.62 $5.20 $5.54 $4.96 $4.22 $3.74 $2.15 $2.37 $2.46 $2.37 $2.55 $1.67
Cash / Share 12-point trend, -15.1% $0.56 $0.48 $0.79 $0.79 $0.43 $0.50 $0.45 $0.65 $0.65 $0.70 $0.95 $0.66
EPS (TTM) 12-point trend, +0.0% $0.39 $1.73 $3.99 $4.49 $3.90 $1.78 $1.86 $0.60 $0.77 $0.62 $0.48 $0.39
Growth Rates 9
Annual Growth Rates data for DAR
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -77.5% 7.4% -15.8% 3.9% 37.8% 32.7% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -108.6% -2.1% 6.4% 23.9% · · · · · · · · ·
Revenue CAGR 5Y 11.4% · · · · · · · · · · ·
EPS YoY 5-point trend, -165.0% -77.5% -56.6% -11.1% 15.1% 119.1% · · · · · · ·
EPS CAGR 3Y 3-point trend, -280.5% -55.7% -23.7% 30.9% · · · · · · · · ·
EPS CAGR 5Y -26.2% · · · · · · · · · · ·
Net Income YoY 5-point trend, -164.9% -77.5% -56.9% -12.2% 13.3% 119.3% · · · · · · ·
Net Income CAGR 3Y 3-point trend, -288.5% -56.0% -24.6% 29.7% · · · · · · · · ·
Net Income CAGR 5Y -26.7% · · · · · · · · · · ·
Valuation (TTM) 14
Annual Valuation (TTM) data for DAR
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +55.1% $6.14B $5.72B $6.79B $6.53B $4.74B $3.57B $3.36B $3.39B $3.66B $3.39B $3.39B $3.96B
Net Income TTM 12-point trend, -2.2% $63M $279M $648M $738M $651M $297M $313M $101M $128M $102M $79M $64M
Market Cap 12-point trend, +99.1% $5.95B $5.32B $7.95B $10.01B $11.14B $9.36B $4.59B $3.14B $2.99B $2.13B $1.73B $2.99B
Enterprise Value 2-point trend, -29.8% · · · · · · · · · · $3.54B $5.03B
P/E 12-point trend, +107.3% 96.5 19.3 12.5 13.9 17.8 32.4 15.1 31.7 23.5 20.8 21.9 46.6
P/S 12-point trend, +28.4% 1.0 0.9 1.2 1.5 2.3 2.6 1.4 0.9 0.8 0.6 0.5 0.8
P/B 12-point trend, -17.9% 1.3 1.2 1.7 2.6 3.4 3.2 1.8 1.4 1.3 1.1 0.9 1.5
P / Tangible Book 6-point trend, -48.6% 4.2 4.6 7.6 10.3 6.7 8.1 · · · · · ·
P / Cash Flow 12-point trend, -48.3% 5.6 6.3 8.8 12.3 15.8 15.0 12.6 7.9 7.3 5.4 4.1 10.9
P / FCF 12-point trend, -86.4% 8.8 10.5 23.1 23.7 25.9 27.2 1468.4 40.9 21.9 14.4 9.0 64.7
EV / EBITDA 2-point trend, -19.0% · · · · · · · · · · 24.8 30.6
EV / FCF 2-point trend, -83.0% · · · · · · · · · · 18.5 108.9
EV / Revenue 2-point trend, -18.1% · · · · · · · · · · 1.0 1.3
Earnings Yield 12-point trend, -51.6% 1.0% 5.2% 8.0% 7.2% 5.6% 3.1% 6.6% 3.1% 4.2% 4.8% 4.6% 2.1%

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2026-01-032024-12-282023-12-302022-12-312022-01-01
Revenue $6.14B$5.72B$6.79B$6.53B$4.74B
Gross Margin % 24.0%22.4%
Operating Margin % 4.5%8.2%14.0%15.8%18.6%
Net Income $63M$279M$648M$738M$651M
Diluted EPS $0.39$1.73$3.99$4.49$3.90
Balance Sheet
2026-01-032024-12-282023-12-302022-12-312022-01-01
Current Ratio 1.51.41.91.51.4
Quick Ratio 0.10.10.10.80.7
Cash Flow
2026-01-032024-12-282023-12-302022-12-312022-01-01
Free Cash Flow $679M$507M$344M$422M$430M

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Institutional owners (13F) 683 filers · $6.6B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
98 (-98 vs prior Q) 76 (+29 vs prior Q) 222 (+29 vs prior Q) 214 (+49 vs prior Q) +15.4M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD PORTFOLIO MANAGEMENT LLC $456,200,168 8,352,255 6.94% Shares
DIMENSIONAL FUND ADVISORS LP $432,584,172 7,919,886 6.58% Shares
VANGUARD CAPITAL MANAGEMENT LLC $392,781,050 7,191,158 5.98% Shares
STATE STREET CORP $311,362,988 5,703,033 4.74% Shares
EARNEST PARTNERS LLC $222,636,964 4,076,107 3.39% Shares
CITADEL ADVISORS LLC $220,463,635 4,036,317 3.36% Shares
FMR LLC $185,617,676 3,398,346 2.82% Shares
Merewether Investment Management, LP $164,000,647 3,002,575 2.50% Shares
Gates Capital Management, Inc. $158,539,029 2,902,582 2.41% Shares
GEODE CAPITAL MANAGEMENT, LLC $154,809,173 2,833,552 2.36% Shares
Grantham, Mayo, Van Otterloo & Co. LLC $125,652,327 2,300,482 1.91% Shares
BNP PARIBAS FINANCIAL MARKETS $123,955,229 2,269,411 1.89% Shares
Assenagon Asset Management S.A. $120,854,069 2,212,634 1.84% Shares
NORGES BANK $120,048,096 2,197,878 1.83% Shares
Qube Research & Technologies Ltd $99,974,973 1,830,373 1.52% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $90,175,381 1,650,959 1.37% Shares
No Street GP LP $77,833,500 1,425,000 1.18% Shares
YACKTMAN ASSET MANAGEMENT LP $77,399,926 1,417,062 1.18% Shares
Balyasny Asset Management L.P. $76,888,356 1,407,696 1.17% Shares
PRINCIPAL FINANCIAL GROUP INC $65,650,891 1,201,957 1.00% Shares
Point72 Asset Management, L.P. $62,547,601 1,145,141 0.95% Shares
Rokos Capital Management LLP $57,548,302 1,053,323 0.88% Shares
Triodos Investment Management BV $56,581,623 1,035,914 0.86% Shares
VANGUARD FIDUCIARY TRUST CO $54,891,735 1,004,975 0.84% Shares
Palo Duro Investment Partners, LP $53,980,345 988,289 0.82% Shares
Appian Way Asset Management LP $53,863,952 1,744,864 0.82% Shares
BROWN BROTHERS HARRIMAN & CO $53,108,337 972,324 0.81% Shares
GOLDMAN SACHS GROUP INC $50,336,153 921,570 0.77% Shares
Pictet Asset Management Holding SA $44,872,351 821,537 0.68% Shares
FRONTIER CAPITAL MANAGEMENT CO LLC $43,360,948 793,866 0.66% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $42,767,460 783,000 0.65% Call option
Ninety One UK Ltd $42,147,197 771,644 0.64% Shares
SOUTHERNSUN ASSET MANAGEMENT, LLC $41,691,719 763,305 0.63% Shares
PRIVATE MANAGEMENT GROUP INC $38,116,785 697,854 0.58% Shares
Erste Asset Management GmbH $37,993,840 716,774 0.58% Shares
BANK OF AMERICA CORP /DE/ $37,773,826 691,575 0.57% Shares
Man Group plc $35,888,126 657,051 0.55% Shares
TWO SIGMA INVESTMENTS, LP $35,244,538 645,268 0.54% Shares
VICTORY CAPITAL MANAGEMENT INC $34,011,383 622,691 0.52% Shares
JANE STREET GROUP, LLC $33,917,163 620,966 0.52% Shares
Parallax Volatility Advisers, L.P. $33,454,750 612,500 0.51% Put option
STOREBRAND ASSET MANAGEMENT AS $32,926,738 602,833 0.50% Shares
VAN ECK ASSOCIATES CORP $32,917,235 602,659 0.50% Shares
Aristotle Atlantic Partners, LLC $31,136,131 570,050 0.47% Shares
Thomist Capital Management, LP $30,920,054 566,094 0.47% Shares
DNB Asset Management AS $30,267,509 554,147 0.46% Shares
NEW YORK STATE COMMON RETIREMENT FUND $28,654,963 524,624 0.44% Shares
Two Seas Capital LP $28,212,705 516,527 0.43% Shares
Engineers Gate Manager LP $27,269,854 499,265 0.42% Shares
ASR Vermogensbeheer N.V. $26,865,065 491,854 0.41% Shares
Walleye Capital LLC $25,700,076 470,525 0.39% Shares
ABN AMRO Bank N.V. $25,624,503 468,769 0.39% Shares
BARROW HANLEY MEWHINNEY & STRAUSS LLC $24,976,579 457,279 0.38% Shares
JACOBS LEVY EQUITY MANAGEMENT, INC $24,818,891 454,392 0.38% Shares
Bragg Financial Advisors, Inc $24,379,911 446,355 0.37% Shares
Mudita Advisors LLP $23,204,815 424,841 0.35% Shares
Walnut Level Capital LLC $23,193,750 375,000 0.35% Put option
JANE STREET GROUP, LLC $22,989,558 420,900 0.35% Call option
RHUMBLINE ADVISERS $22,869,238 418,698 0.35% Shares
ENVESTNET ASSET MANAGEMENT INC $22,704,580 415,688 0.35% Shares
Fulcrum Asset Management LLP $22,078,396 365,718 0.34% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $22,009,621 402,959 0.33% Shares
Impax Asset Management Group plc $21,219,597 388,495 0.32% Shares
Susquehanna Portfolio Strategies, LLC $20,924,649 383,095 0.32% Shares
FIL Ltd $20,692,405 378,843 0.31% Shares
TUDOR INVESTMENT CORP ET AL $20,598,294 377,120 0.31% Shares
Raiffeisen Bank International AG $20,275,662 381,480 0.31% Shares
BRAUN STACEY ASSOCIATES INC $19,758,676 361,748 0.30% Shares
CITADEL ADVISORS LLC $19,695,972 360,600 0.30% Call option
Yaupon Capital Management LP $19,663,145 359,999 0.30% Shares
Arnhold LLC $19,479,458 356,636 0.30% Shares
Appian Way Asset Management LP $18,213,300 590,000 0.28% Call option
California Public Employees Retirement System $18,120,130 331,749 0.28% Shares
STIFEL FINANCIAL CORP $18,033,847 330,167 0.27% Shares
Swiss National Bank $17,396,470 318,500 0.26% Shares
Hartree Partners, LP $17,205,300 315,000 0.26% Shares
CANADA PENSION PLAN INVESTMENT BOARD $17,008,668 311,400 0.26% Shares
BlackRock, Inc. $17,004,025 311,315 0.26% Shares
Campbell & CO Investment Adviser LLC $16,806,082 307,691 0.26% Shares
LAZARD ASSET MANAGEMENT LLC $16,439,200 300,974 0.25% Shares
Sagefield Capital LP $15,589,531 285,418 0.24% Shares
PRUDENTIAL FINANCIAL INC $14,518,706 265,813 0.22% Shares
Walnut Level Capital LLC $14,505,866 234,533 0.22% Shares
Global Endowment Management, LP $14,283,000 261,500 0.22% Shares
BARCLAYS PLC $14,117,904 258,475 0.21% Shares
ALGERT GLOBAL LLC $13,875,665 254,040 0.21% Shares
UBS Group AG $13,854,145 253,646 0.21% Shares
Gotham Asset Management, LLC $13,669,966 250,274 0.21% Shares
MILLENNIUM MANAGEMENT LLC $13,384,959 245,056 0.20% Shares
MARSHALL WACE, LLP $12,773,105 233,854 0.19% Shares
Goodlander Investment Management, LLC $12,289,500 225,000 0.19% Shares
STATE OF WISCONSIN INVESTMENT BOARD $12,276,664 224,765 0.19% Shares
ALLIANCEBERNSTEIN L.P. $12,035,701 194,595 0.18% Shares
Mesirow Institutional Investment Management, Inc. $11,844,461 351,572 0.18% Shares
Bridgewater Associates, LP $11,455,780 209,736 0.17% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $11,421,042 209,100 0.17% Put option
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $11,324,426 183,095 0.17% Shares
Woodline Partners LP $11,262,426 206,196 0.17% Shares
RAYMOND JAMES FINANCIAL INC $11,199,285 205,040 0.17% Shares
CFO4Life Group, LLC $10,834,314 198,358 0.16% Shares

Company insiders 66 insiders · 27 officers · 26 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Robert W Day EVP Chief Financial Officer March 9, 2026 F 41,435 0 0 $0
Brad Phillips EVP Chief Financial Officer Jan. 3, 2025 F 134,363 0 0 $0
Patrick C Lynch EVP - Chief Financial Officer May 23, 2017 P 147,295 0 0 $0
Matthew J Jansen COO North America May 12, 2025 F 75,534 0 0 $0
Neil Katchen EVP-COO Dec. 17, 2013 F 154,337 0 0 $0
Mark A Myers EVP-COO Midwest Region May 28, 2008 S 18,529 0 0 $0
Joseph Manzi Chief Accounting Officer Aug. 18, 2026 S 18,969 0 2 $-258,940
Sandra Dudley EVP Chief Strategy Officer Aug. 17, 2026 M 74,232 0 5 $-887,399
Mark Joseph Finnimore EVP Canada & N America Spec March 9, 2026 F 12,259 0 0 $0
Brandon Lairmore EVP US Rendering Operations March 9, 2026 F 37,666 0 0 $0
Jeroen Colpaert EVP Rousselot March 9, 2026 F 29,764 0 0 $0
Jan Van Der Velden EVP Int Rendering&Specialties March 9, 2026 F 79,153 0 2 $-1,178,270
Carlos Paz EVP Global Risk Management Jan. 5, 2026 A 23,097 0 0 $0
John F Sterling EVP Gen. Counsel & Secretary Jan. 3, 2026 F 273,300 0 0 $0
Rick A Elrod EVP US Rendering Operations March 4, 2024 F 154,169 0 0 $0
John Bullock EVP Chief Strategy Officer Jan. 4, 2024 F 49,953 0 0 $0
Brenda Snell Chief Accounting Officer March 10, 2018 F 20,434 0 0 $0
Jos Vervoort EVP - Rousselot March 7, 2018 F 6,148 0 0 $0
John O Muse EVP- Chief Admin. Officer March 7, 2018 F 58,627 0 0 $0
Martin W. Griffin EVP - Chief Operations Officer March 10, 2015 A 360,390 0 0 $0
Colin Stevenson EVP - Global Finance and Admin Sept. 1, 2014 F 79,202 0 0 $0
Robert A. Griffin Pres of Griffin Industries March 5, 2013 A 265,656 0 0 $0
Robert H Seemann EVP - Sales and Services March 10, 2011 F 39,065 0 0 $0
Michael Lee Rath EVP - Commodity and Risk Mgmt March 8, 2011 A 20,363 0 0 $0
Mitchell Kilanowski EVP - Commodities March 10, 2009 A 47,956 0 0 $0
James A Ransweiler EVP - Sales and Marketing June 8, 2004 M 82,000 0 0 $0
Ernest V Diliberto VP - International Marketing March 30, 2004 M 14,832 0 0 $0
Charles L Adair Director July 31, 2026 P 51,690 2 0 $60,970
Robert Patrick Aspell Director May 7, 2026 A 3,199 0 0 $0
Randy L Hill Director May 7, 2026 A 16,226 0 0 $0
Kurt Stoffel Director May 7, 2026 A 21,139 0 0 $0
Larry Barden Director May 7, 2026 A 35,108 0 0 $0
Soren Schroder Director May 7, 2026 A 13,086 0 0 $0
Enderson Guimaraes Director May 7, 2026 A 21,095 0 0 $0
Celeste A. Clark Director May 7, 2026 A 20,567 0 0 $0
Linda Goodspeed Director May 7, 2026 A 42,836 0 0 $0
Gary W. Mize Director May 7, 2025 A 46,293 0 0 $0
Elizabeth Albright Director Jan. 2, 2025 A 18,959 0 0 $0
Michael E Rescoe Director May 7, 2024 A 33,991 0 0 $0
Mary R Korby Director May 8, 2018 A 29,425 0 0 $0
Dirk Kloosterboer Director May 8, 2018 A 158,425 0 0 $0
Eugene D Ewing Director May 8, 2018 A 40,453 0 0 $0
Charles Macaluso Director May 8, 2018 A 80,699 0 0 $0
Cynthia Pharr Director May 8, 2018 A 20,067 0 0 $0
Justinus Sanders Director May 10, 2016 A 23,753 0 0 $0
Michael Urbut Director May 10, 2016 A 51,035 0 0 $0
Thomas Albrecht Director May 12, 2015 A 66,832 0 0 $0
John D. March Director May 12, 2014 A 33,146 0 0 $0
Dean C Carlson Director March 24, 2011 S 188,813 0 0 $0
Marlyn Jorgensen Director March 8, 2011 A 31,733 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 21 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Kevin A. Richardson, II, Henry J. Lawlor, Jr., Murray A. Indick, Charles E. McCarthy, Christian Puscasiu ×3 filings Dec. 29, 2006 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person March 11, 2005 Initial filing SEC
Marc Lasry ×3 filings Feb. 11, 2005 Initial filing SEC
GL Partners II, LLC, Marc Lasry April 22, 2004 Initial filing SEC
Credit Lyonnais New York Branch Dec. 5, 2003 Initial filing SEC
Undisclosed reporting person Oct. 23, 2003 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Sept. 24, 2003 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Sept. 22, 2003 Initial filing Passive investment SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Sept. 12, 2003 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Sept. 10, 2003 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person Aug. 29, 2003 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Aug. 13, 2003 Initial filing SEC
March 19, 2003 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Jan. 17, 2003 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Jan. 3, 2003 Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 107 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
FXG · First Trust Exchange-Traded AlphaDE… 4.24% 161,346 NS April 30, 2026 N-PORT
FCUS · Tidal Trust II 3.72% 59,022 NS May 31, 2026 N-PORT
MGNR · AMERICAN BEACON SELECT FUNDS 3.46% 428,855 NS April 30, 2026 N-PORT
PSL · Invesco Exchange-Traded Fund Trust 3.08% 43,810 SH Aug. 8, 2026 Daily
EPSV · Harbor ETF Trust 3.01% 2,337 NS April 30, 2026 N-PORT
PBJ · Invesco Exchange-Traded Fund Trust 2.77% 49,965 SH Aug. 8, 2026 Daily
PBW · Invesco Exchange-Traded Fund Trust 1.92% 147,555 SH Aug. 8, 2026 Daily
VEGI · iShares, Inc. 1.81% 43,987 SH Aug. 8, 2026 Daily
ERTH · Invesco Exchange-Traded Fund Trust 1.35% 31,279 SH Aug. 8, 2026 Daily
NRES · DBX ETF Trust 1.32% 8,259 NS May 31, 2026 N-PORT
RFV · Invesco Exchange-Traded Fund Trust 1.03% 58,993 SH Aug. 8, 2026 Daily
PBD · Invesco Exchange-Traded Fund Trust … 1.02% 33,081 SH Aug. 8, 2026 Daily
DFSV · Dimensional ETF Trust 0.65% 754,521 NS April 30, 2026 N-PORT
JSMD · Janus Detroit Street Trust 0.61% 93,429 NS April 30, 2026 N-PORT
CLSE · Trust for Professional Managers 0.56% 58,299 NS May 31, 2026 N-PORT
FSTA · FIDELITY COVINGTON TRUST 0.55% 123,797 NS April 30, 2026 N-PORT
IJJ · iShares Trust 0.55% 808,405 SH Aug. 8, 2026 Daily
CCNR · Financial Investors Trust 0.52% 31,808 NS April 30, 2026 N-PORT
IVOV · VANGUARD ADMIRAL FUNDS 0.50% 136,463 SH Aug. 8, 2026 Daily
JPUS · J.P. Morgan Exchange-Traded Fund Tr… 0.47% 32,600 NS April 30, 2026 N-PORT
VDC · VANGUARD WORLD FUND 0.47% 798,769 SH Aug. 8, 2026 Daily
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.46% 31,503 NS April 30, 2026 N-PORT
TMFX · RBB Fund, Inc. 0.46% 2,489 NS May 31, 2026 N-PORT
BKSE · BNY Mellon ETF Trust 0.45% 5,657 NS April 30, 2026 N-PORT
DFAT · Dimensional ETF Trust 0.43% 924,110 NS April 30, 2026 N-PORT
IYK · iShares Trust 0.43% 101,545 SH Aug. 8, 2026 Daily
MIDE · DBX ETF Trust 0.38% 213 NS May 29, 2026 N-PORT
VGHY · VANGUARD FIXED INCOME SECURITIES FU… 0.31% 940,000 PA Aug. 8, 2026 Daily
XJH · iShares Trust 0.30% 21,526 SH Aug. 8, 2026 Daily
ISCG · iShares Trust 0.30% 49,750 SH Aug. 8, 2026 Daily
PTMC · Pacer Funds Trust 0.30% 18,147 NS April 30, 2026 N-PORT
QVMM · Invesco Exchange-Traded Fund Trust … 0.29% 21,241 SH Aug. 8, 2026 Daily
IJH · iShares Trust 0.26% 5,483,608 SH Aug. 8, 2026 Daily
SMMV · iShares Trust 0.26% 12,410 SH Aug. 8, 2026 Daily
RWK · Invesco Exchange-Traded Fund Trust … 0.25% 57,345 SH Aug. 8, 2026 Daily
VBK · VANGUARD INDEX FUNDS 0.24% 2,103,760 SH Aug. 8, 2026 Daily
IVOO · VANGUARD ADMIRAL FUNDS 0.24% 256,953 SH Aug. 8, 2026 Daily
AVIE · AMERICAN CENTURY ETF TRUST 0.24% 410 NS May 31, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.21% 460,201 NS April 30, 2026 N-PORT
MVV · ProShares Trust 0.20% 5,467 NS May 31, 2026 N-PORT
MIDU · Direxion Shares ETF Trust 0.20% 2,620 NS April 30, 2026 N-PORT
SCHA · SCHWAB STRATEGIC TRUST 0.20% 760,752 NS May 31, 2026 N-PORT
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.19% 59,471 NS April 30, 2026 N-PORT
EQAL · Invesco Exchange-Traded Fund Trust … 0.18% 26,174 SH Aug. 8, 2026 Daily
VFMO · VANGUARD WELLINGTON FUND 0.18% 64,926 SH Aug. 8, 2026 Daily
VFVA · VANGUARD WELLINGTON FUND 0.18% 28,014 SH Aug. 8, 2026 Daily
SCHM · SCHWAB STRATEGIC TRUST 0.17% 427,295 NS May 31, 2026 N-PORT
ESML · iShares Trust 0.17% 81,450 SH Aug. 8, 2026 Daily
TEXN · iShares Trust 0.16% 452 SH Aug. 8, 2026 Daily
ISCB · iShares Trust 0.15% 7,071 SH Aug. 8, 2026 Daily