Is it safe?
Can DAR take a bad year?
Darling Ingredients Inc. carries $3.79B of net debt at 2.57× EBITDA: a load its earnings can carry.
$3.79B
Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.57×
Net debt / EBITDA · 4.96× a year ago · the load is coming down
- Altman Z-score
- 2.22
Altman Z-score · grey zone, between 1.8 and 3
- Interest cover
- 4.28×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ2 2026
- $3.95B
- Cash and short-term investments
- $161M
- Net debt
- $3.79B
- EBITDA, trailing twelve months
- $1.48B
- Operating profit, trailing twelve months
- $951M
- Debt / equity
- 0.75×
- Total debt / EBITDA
- 2.67×
- Annualised volatilitytwo years of daily moves
- 42%
- Worst drawdown on file
- −68%
- Below its 52-week high
- −8.6%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.