SeeBITDAOklahoma

Darling Oil Corporation

Rendering and Meat Byproduct Processing
Estimated valueMedium confidence
$4.7M
$2.5Mlikely range$6.4M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$4.7M
a year
Profit (EBITDA)
$1.3M
28% of revenue
Employees
9
reported in 2020
Leadership
Ira C. Darling
Founder · source
High sell likelihood
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $4.7M

Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.

9 employees × $382K each$3.4M
PPP payroll ÷ payroll's usual share of revenue$4.9M
Shown toward the top of its range×1.14
Revenue$4.7M
× 28% profit margin$1.3M
× 3.6 sale multiple = value$4.7M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale High sell likelihood

  • In business 144 years (since 1882)
  • Founder still runs it after 144 years
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

Darling Ingredients repurposes and recycles materials from the animal agriculture and food industries into ingredients for animal feed, fertilizers, food and health products, and renewable fuels.

Products & services
Animal nutrientsPlant and soil fertilizersUsed cooking oil collectionFeedstocks for renewable fuelHealth, nutrition and food solutionsPharma and biomedicalRenewable diesel and aviation fuelBioenergyGelatin- and collagen-based solutionsPremium beef frying fatsPork and goose fat
Markets served
animal nutritionaquaculture feedpet foodlivestock feedhealth and nutritionbiomedical and pharmaceutical sectorswholesale food service industrytrucking, aviation, rail and shipping
Service area
North AmericaEuropeGermany

From the company's website. Industry: Rendering and Meat Byproduct Processing.

Estimated value over time

▲ 9% since 2020
$0$2.7M$5.4M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
DARLING OIL CORPORATION
this business
$4.7M$1.3M—
DAN D DRILLING CORP.
Lamont · 32 employees
$21.4M$4.9M0.0 mi
DOUBLE R OILFIELD SERVICES LLC
Lamont · 9 employees
$3.4M$1.0M0.2 mi
J-B OILFIELD SERVICES, LLC
Lamont · 16 employees
$7.4M$2.1M0.2 mi
MENDENHALL DRILLING, INC.
Lamont · 17 employees
$7.3M$2.0M0.4 mi
3D WELL SERVICE, INC.
Lamont · 16 employees
$5.2M$1.4M2.6 mi
DEM OPERATIONS, INC.
Lamont · 3 employees
$1.4M$467K3.0 mi

The full calculation

Employees reported to the SBA9
Revenue from headcount (employees × revenue per employee for companies this size)$3.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$4.9M
Estimate: the two combined (geometric mean)$4.7M
EBITDA margin (industry, adjusted for size)28%
EBITDA = revenue × margin$1.3M

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Estimated value = EBITDA × typical sale multiple$4.7M
Multiple for this size and industry3.6×
Value range$2.5M – $6.4M
Revenue range$3.1M – $5.3M
EBITDA range$855K – $1.5M
Industry (NAICS)Rendering and Meat Byproduct Processing (311613)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Founded 1882
“Since our start as a small Chicago rendering company more than 140 years ago, we’ve always chased new ways to maximize resources.”

Advisors

  • BankingThe State Exchange BankPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

The State Exchange Bank
PPP 2020
All 52 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$133K$134K9The State Exchange Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Darling Oil Corporation

Darling Oil Corporation is a rendering and meat byproduct processing company in Lamont, Oklahoma, in business since 1882. It is owned by Ira C. Darling (Founder). Its estimated annual revenue is about $4.7M, with roughly $1.3M of EBITDA. It has about 9 employees. Its estimated business value is $4.7M (likely range $2.5M–$6.4M).

Common questions

Who owns Darling Oil Corporation?
Darling Oil Corporation is owned by Ira C. Darling (Founder), according to public sources such as the company's website or filings.
How much revenue does Darling Oil Corporation make?
SeeBITDA estimates Darling Oil Corporation's annual revenue at about $4.7M (likely between $3.1M and $5.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Darling Oil Corporation worth?
About $4.7M, roughly 3.6× its estimated EBITDA of $1.3M, typical for a rendering and meat byproduct processing company its size. Likely range: $2.5M–$6.4M.
How many employees does Darling Oil Corporation have?
About 9, as reported on its PPP loan.
When was Darling Oil Corporation founded?
Darling Oil Corporation has been in business since 1882.
Is Darling Oil Corporation for sale?
There's no public listing, but it shows signs that often come before a sale: in business 144 years (since 1882); founder still runs it after 144 years; no family successor named on its website.