Darling Ingredients Pre-Announces Q4 & FY25 Diamond Green Diesel Results, Citing Sequential Improvement
DAR sits 72% above its 52-week low of $26.
Summary
Darling Ingredients pre-announced Q4 and full-year 2025 results for its Diamond Green Diesel joint venture, highlighting a sequential strengthening in Q4 despite a full-year net loss for DGD.
Key Events · Earnings and Guidance · DAR
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Q4 2025 Diamond Green Diesel Net Income
The 50/50 joint venture, Diamond Green Diesel (DGD), reported a net income of $55 million for the three months ended December 31, 2025, showing sequential improvement.
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Darling's Share of Q4 2025 DGD Adjusted EBITDA
Darling Ingredients' share of DGD Adjusted EBITDA for Q4 2025 was $58 million, or $0.41 per gallon.
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Full Year 2025 Diamond Green Diesel Net Loss
For the full 12 months ended December 31, 2025, DGD incurred a net loss of $68 million, with Darling's share of DGD Adjusted EBITDA at $104 million.
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CEO Comments on Performance and Outlook
CEO Randall C. Stuewe noted sequential strengthening in both DGD and the core ingredients business in Q4, anticipating solid improvement over the prior outlook.
Analysis · DAR · Manufacturing
Darling Ingredients provided an early look at the financial performance of its 50/50 joint venture, Diamond Green Diesel (DGD), for the fourth quarter and full fiscal year 2025. While DGD reported a net loss of $68 million for the full year, the fourth quarter showed a significant sequential improvement with a net income of $55 million. Darling's share of DGD Adjusted EBITDA for Q4 was $58 million, contributing positively. The CEO's comments indicate that both DGD and the core ingredients business strengthened sequentially in Q4, leading to an anticipated solid improvement over the prior outlook. Investors will be watching the full earnings release on February 11, 2026, for more comprehensive details and company-wide guidance.
At the time of this filing, DAR was trading at $44.75 on NYSE in the Manufacturing sector, with a market capitalization of approximately $7B. The 52-week trading range was $26.00 to $44.50. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.