Randall Randy on capital intensity
From Darling Ingredients Investor Day 2026 | Global Collagen Leader Eyes $2B+ Cash Flow By 2030 | May 11 · · Investing 101
“I thought that that that stayed with me. That's probably 10 years ago. And and it's a it's for me it was a fascinating moment of it's a it's a capital inensive business. And then, you know, as I can always end all conversations to get the last laugh, I said, 'Well, don't you own a railroad?' And so that's my opening line of, you know, you'll learn a lot today about how capital's deployed, how capital's used, and and ultimately how we're going forward with it.”
On , Randall Randy, Chairman & Chief Executive Officer at DARLING INGREDIENTS INC, spoke about capital intensity during Darling Ingredients Investor Day 2026 | Global Collagen Leader Eyes $2B+ Cash Flow By 2030 | May 11 on Investing 101.
About Randall Randy
At Darling Ingredients’ 2026 Investor Day on May 11, Chairman and CEO Randall Randy discussed the company’s financial outlook and strategic priorities. He stated that he had expected to be debt-free by that time and noted a remark about paying a dividend to Jeff Gates, adding that Gates “will never forgive me for that one.” Randy described the company as “fundamentally poised for accelerated returns” and outlined plans to calculate, communicate, and “own the outcome” of returns at the lowest operational level. He also highlighted the company’s expansion into Brazil, saying, “The numbers are unbelievable down there. The amount of land, water, and people, they have it all there.” Randy emphasized that Darling Ingredients is focused on generating over $2 billion in cash flow by 2030, with over 80% of adjusted EBITDA in the food segment coming from collagen. He noted that the company’s contract management varies by region, with some contracts renewed every three to five years and others every three months, and that market conditions provide tailwinds. Randy concluded by referencing the company’s core values of “family and fun,” and mentioned a bet involving his daughter and a line about the “Pink Pony Club.”