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Archer-Daniels-Midland vs Darling Ingredients: ADM and DAR compared
Archer-Daniels-Midland is the larger company: $22.3B of revenue in its latest quarter (Q3 2026) against $1.8B for Darling Ingredients (Q3 2026). Darling Ingredients is growing faster (+14% against +10% a year earlier). Darling Ingredients is more profitable, with an operating margin of 18.6% against 4.5%.
Where the money goes: ADM and DAR
Archer-Daniels-Midland (ADM) · Q3 2026
Archer-Daniels-Midland, Q3 2026: revenue $22.3B (+10% year over year), operating margin 4.5%, net earnings $826M, operating cash flow $489M. The chart follows the revenue to costs, profit and cash.
Darling Ingredients (DAR) · Q3 2026
Darling Ingredients, Q3 2026: revenue $1.8B (+14% year over year), operating margin 18.6%, net earnings $267M. The chart follows the revenue to costs, profit and cash.
| Archer-Daniels-Midland (ADM) | Darling Ingredients (DAR) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $22.3B | $1.8B |
| Revenue growth, Y/Y | +10% | +14% |
| Gross margin | 8.4% | — |
| Operating margin | 4.5% | 18.6% |
| Net earnings | $826M | $267M |
| Net margin | 3.7% | 14.9% |
| Operating cash flow | $489M | — |
| Free cash flow | $182M | — |
| Market value | $34.1B | $8.1B |
| P/E | 13.7× | 13.3× |
| Analysts’ mean target | $78.50 | $81.83 |
Questions
Which is bigger, Archer-Daniels-Midland or Darling Ingredients?
Archer-Daniels-Midland is the larger company: $22.3B of revenue in its latest quarter (Q3 2026) against $1.8B for Darling Ingredients (Q3 2026).
Is Archer-Daniels-Midland or Darling Ingredients growing faster?
Darling Ingredients is growing faster (+14% against +10% a year earlier).
Which is more profitable, Archer-Daniels-Midland or Darling Ingredients?
Darling Ingredients is more profitable, with an operating margin of 18.6% against 4.5%.
More: Archer-Daniels-Midland earnings · how Archer-Daniels-Midland makes money · Darling Ingredients earnings · how Darling Ingredients makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 3, 2026; 8-K filed Oct 28, 2026). Fiscal quarters can end on different dates. Not investment advice.