美国达尔令国际 2025年度报告

            UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, DC 20549 FORM 10-K (Mark One)☒ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934For the fiscal year ended January 3, 2026OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934For the transition period from _______ to _______ Commission File Number001-13323 (Exact name of registrant as specified in its charter) (State or other jurisdiction(I.R.S. Employerof incorporation or organization)Identification Number) 5601 N MacArthur Blvd.,Irving,Texas75038(Address of principal executive offices)(Zip Code) Registrant's telephone number, including area code:(972) 717-0300 Securities registered pursuant to Section 12(b) of the Act: Title of Each ClassTrading Symbol(s)Name of Exchange on Which RegisteredCommon Stock $0.01 par value per shareDARNew York Stock Exchange (“NYSE”) Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.Yes☒No☐ Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.Yes☐No☒ Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required tofile such reports), and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for suchshorter period that the Registrant was required to submit files).Yes☒No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, asmaller reporting company, or an emerging growth company.See the definitions of “large accelerated filer,” “acceleratedfiler,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Non-accelerated filer☐ Accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of ExchangeAct.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C.7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statementsof the registrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis ofincentive-based compensation received by any of the registrant’s executive officers during the relevant recovery periodpursuant to §240.10D-1(b).☐ Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ As of the last business day of the Registrant's most recently completed second fiscal quarter, the aggregate market valueof the shares of common stock held by nonaffiliates of the Registrant was approximately $5,963,190,000 based upon theclosing price of the common stock as reported on the NYSE on that day. (In determining the market value of the Registrant’scommon stock held by non-affiliates, shares of common stock beneficially owned by directors, officers and holders of morethan 10% of the Registrant’s common stock have been excluded.This determination of affiliate status is not necessarily aconclusive determination for other purposes.) There were 158,603,548 shares of common stock, $0.01 par value, outstanding at February 26, 2026. DOCUMENTS INCORPORATED BY REFERENCE Selected designated portions of the Registrant's definitive Proxy Statement in connection with the Registrant’s 2026Annual Meeting of stockholders are incorporated by reference into Part III of this Annual Report. Auditor Name:KPMG LLPAuditor Location:Dallas, TexasAuditor Firm ID:185 DARLING INGREDIENTS INC. AND SUBSIDIARIESFORM 10-K FOR THE FISCAL YEAR ENDED JANUARY 3, 2026 TABLE OF CONTENTS PART I Item 1.BUSINESS4Item 1A.RISK FACTORS19Item 1B.UNRESOLVED STAFF COMMENTS46Item 1C.CYBERSECURITY46Item 2.PROPERTIES48Item 3.LEGAL PROCEEDINGS51Item 4.MINE SAFET