---
schema_version: "secwatch.filing_event.v1"
accession: "0000916540-24-000020"
form_type: "8-K"
ticker: "DAR"
cik: "0000916540"
company_name: "DARLING INGREDIENTS INC."
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:34:53.168996+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Darling Q2 net income $78.9M ($0.49), down 69% YoY; combined adj. EBITDA $273.6M

## Summary
- Net income $78.9M ($0.49 diluted) vs $252.4M ($1.55) in Q2 2023; net sales $1.5B vs $1.8B, down 17%.
- Combined adjusted EBITDA $273.6M vs $508.3M; DGD JV net income fell to $88.4M from $425.9M.
- Feed segment net sales $934.1M vs $1.14B, hit by lower fat and protein prices (BFT -18.2% YoY, UCO -25.8%).
- Received $77.1M DGD dividend; repurchased $29.2M stock; board refreshed $500M buyback through Aug 2026.
- FY2024 combined adj. EBITDA guidance reaffirmed at $1.3-$1.4B; leverage ratio 4.24x as of June 29.

## SEC filing metadata
- accession: 0000916540-24-000020
- form_type: 8-K
- ticker: DAR
- cik: 0000916540
- company_name: DARLING INGREDIENTS INC.
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/916540/000091654024000020/0000916540-24-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/916540/000091654024000020/dar-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000916540-24-000020
- JSON: https://secwatch.observer/filing/0000916540-24-000020.json
- Plain text: https://secwatch.observer/filing/0000916540-24-000020.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.