Bunge Global vs Darling Ingredients
Bunge Global reported revenue of $70.3 billion in fiscal 2025, 11.5 times Darling Ingredients' $6.1 billion in fiscal 2025. Bunge Global's revenue grew 32.4% in its latest year, and Darling Ingredients' grew 7.4%. Free cash flow was −$879 million at Bunge Global and $679 million at Darling Ingredients. Their fiscal years end in different months (December 31 and January 3), so the periods don't line up exactly.
Side by side
| Bunge Global | Darling Ingredients | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Jan 3, 2026 |
| Revenue | $70.3B | $6.1B |
| Revenue growth | 32.4% | 7.4% |
| Revenue growth a year, last 5 years | 11.2% | 11.4% |
| Gross margin | 4.8% | 24.0% |
| Operating margin | — | 4.5% |
| Net margin | 1.2% | 1.0% |
| Free cash flow | −$879M | $679M |
| Free cash flow margin | −1.2% | 11.1% |
| Return on capital | 6.1% | 3.2% |
| Net debt to EBITDA | 5.0x | 5.0x |
| Dividends and buybacks | $1.0B | $35M |
| Change in diluted share count | 17.1% | −0.8% |
| Last close | $102.22 | $57.16 |
| P/E at the last close | 23.8× | 15.4× |
| Insider trades, last 12 months | bought $689,050, sold $2.7 million | bought $60,970, sold $5.3 million |
| Piotroski F-score | 4 of 9 | 7 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Bunge GlobalDarling Ingredients
Operating margin
Percent of revenue
Bunge GlobalDarling Ingredients
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Bunge GlobalDarling Ingredients
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Bunge Global and Darling Ingredients pages.