Income Statement Seaboard Corporation

Stocks

SEB

US8115431079

Food Processing

Market Closed - NYSE 16:00:00 2026-08-18 EDT			5-day change	1st Jan Change
4,491.02 ^USD	+0.87%		+5.03%	+0.17%

08-04	Earnings Flash (SEB) Seaboard Corporation Reports Q2 Revenue $2.92B	MT
08-04	Seaboard Corporation Declares Quarterly Cash Dividend, Payable on August 24, 2026	CI

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Published financial data: SEABOARD CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	9.23B	11.24B	9.56B	9.1B	9.75B
Total Revenues	9.23B	11.24B	9.56B	9.1B	9.75B
Cost of Goods Sold, Total	8.41B	10.21B	9.25B	8.52B	9.05B
Gross Profit	818M	1.03B	316M	576M	693M
Selling General & Admin Expenses, Total	367M	368M	391M	420M	443M
Provision for Bad Debts	5M	7M	5M	3M	11M
Other Operating Expenses, Total	372M	375M	396M	423M	454M
Operating Income	446M	655M	-80M	153M	239M
Interest Expense, Total	-13M	-40M	-58M	-72M	-70M
Interest And Investment Income	155M	32M	147M	87M	74M
Net Interest Expenses	142M	-8M	89M	15M	4M
Income (Loss) On Equity Invest.	7M	152M	105M	85M	138M
Currency Exchange Gains (Loss)	16M	5M	-4M	-9M	-14M
Other Non Operating Income (Expenses)	25M	8M	7M	2M	4M
EBT, Excl. Unusual Items	636M	812M	117M	246M	371M
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-239M	-	-	39M
Gain (Loss) On Sale Of Assets	-	6M	-	-	-
Other Unusual Items	-	-	-10M	-	-
EBT, Incl. Unusual Items	636M	579M	107M	246M	410M
Income Tax Expense	65M	-3M	-120M	156M	-91M
Earnings From Continuing Operations	571M	582M	227M	90M	501M
Net Income to Company	571M	582M	227M	90M	501M
Minority Interest	-1M	-2M	-1M	-2M	-5M
Net Income - (IS)	570M	580M	226M	88M	496M
Net Income to Common Incl Extra Items	570M	580M	226M	88M	496M
Net Income to Common Excl. Extra Items	570M	580M	226M	88M	496M
Per Share Items
Net EPS - Basic	491.05	499.66	202.21	90.62	514.46
Basic EPS - Continuing Operations	491.05	499.66	202.21	90.62	514.46
Basic Weighted Average Shares Outstanding	1.16M	1.16M	1.12M	971K	964K
Net EPS - Diluted	491.05	499.66	202.21	90.62	514.46
Diluted EPS - Continuing Operations	491.05	499.66	202.21	90.62	514.46
Diluted Weighted Average Shares Outstanding	1.16M	1.16M	1.12M	971K	964K
Normalized Basic EPS	341.58	435.48	64.53	156.27	235.32
Normalized Diluted EPS	341.58	435.48	64.53	156.27	235.32
Dividend Per Share	9	9	9	9	9
Payout Ratio	1.75	1.72	4.42	10.23	1.81
Supplemental Items
EBITDA	624M	890M	203M	464M	557M
EBITA	455M	663M	-72M	161M	239M
EBIT	446M	655M	-80M	153M	239M
EBITDAR	825M	1.1B	405M	659M	742M
Total Revenues (As Reported)	9.23B	11.24B	9.56B	9.1B	9.75B
Effective Tax Rate - (Ratio)	10.22	-0.52	-112.15	63.41	-22.2
Current Domestic Taxes	45M	66M	-31M	-38M	-82M
Current Foreign Taxes	33M	42M	65M	64M	67M
Total Current Taxes	78M	108M	34M	26M	-15M
Deferred Domestic Taxes	-6M	-116M	-153M	130M	-76M
Deferred Foreign Taxes	-7M	5M	-1M	-	-
Total Deferred Taxes	-13M	-111M	-154M	130M	-76M
Normalized Net Income	396M	506M	72.12M	152M	227M
Interest Capitalized	7M	4M	17M	24M	7M
Interest on Long-Term Debt	12M	10M	11M	29M	12M
Non-Cash Pension Expense	12M	2M	3M	3M	-2M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	191M	210M	361M	113M	64M
Net Rental Expense, Total	201M	209M	202M	195M	185M
Imputed Operating Lease Interest Expense	18.97M	39.62M	66.37M	82.56M	61.19M
Imputed Operating Lease Depreciation	182M	169M	136M	112M	124M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	75M	199M	56M	98M	178M
Short Term Investments	1.42B	1.09B	973M	1.08B	1.05B
Total Cash And Short Term Investments	1.49B	1.28B	1.03B	1.17B	1.23B
Accounts Receivable, Total	650M	752M	597M	619M	644M
Other Receivables	112M	171M	152M	166M	111M
Notes Receivable	-	-	-	6M	-
Total Receivables	762M	923M	749M	791M	755M
Inventory	1.66B	1.67B	1.46B	1.41B	1.51B
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	131M	139M	123M	146M	132M
Total Current Assets	4.05B	4.02B	3.36B	3.52B	3.63B
Gross Property Plant And Equipment	3.96B	4.44B	4.76B	5.1B	5.56B
Accumulated Depreciation	-1.57B	-1.74B	-1.96B	-2.16B	-2.38B
Net Property Plant And Equipment	2.39B	2.69B	2.8B	2.94B	3.18B
Long-term Investments	807M	938M	938M	879M	1B
Goodwill	163M	154M	160M	164M	168M
Other Intangibles, Total	45M	31M	26M	19M	-
Loans Receivable Long-Term	-	40M	41M	-	-
Deferred Tax Assets Long-Term	-	-	199M	69M	145M
Other Long-Term Assets, Total	53M	31M	35M	74M	118M
Total Assets	7.5B	7.9B	7.57B	7.66B	8.25B
Liabilities
Accounts Payable, Total	403M	429M	400M	418M	397M
Accrued Expenses, Total	203M	219M	199M	219M	204M
Short-term Borrowings	516M	457M	255M	314M	458M
Current Portion of Long-Term Debt	8M	-	-	-	-
Current Portion of Leases	194M	212M	168M	163M	153M
Current Income Taxes Payable	-	-	-	34M	-
Unearned Revenue Current, Total	108M	70M	66M	83M	77M
Other Current Liabilities	120M	142M	247M	176M	221M
Total Current Liabilities	1.55B	1.53B	1.34B	1.41B	1.51B
Long-Term Debt	708M	702M	997M	987M	977M
Long-Term Leases	464M	461M	400M	344M	329M
Pension & Other Post Retirement Benefits	131M	71M	74M	67M	71M
Deferred Tax Liability Non Current	99M	-	32M	32M	31M
Other Non Current Liabilities	115M	125M	94M	79M	93M
Total Liabilities	3.07B	2.89B	2.93B	2.92B	3.01B
Common Stock, Total	1M	1M	1M	1M	1M
Retained Earnings	4.85B	5.42B	5.02B	5.1B	5.55B
Comprehensive Income and Other	-432M	-422M	-410M	-376M	-341M
Total Common Equity	4.42B	5B	4.62B	4.73B	5.21B
Minority Interest	18M	18M	18M	20M	23M
Total Equity	4.43B	5.01B	4.63B	4.75B	5.24B
Total Liabilities And Equity	7.5B	7.9B	7.57B	7.66B	8.25B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.16M	1.16M	971K	971K	958K
ECS Total Common Shares Outstanding	1.16M	1.16M	971K	971K	958K
Book Value / Share	3.8K	4.3K	4.75K	4.87K	5.44K
Tangible Book Value	4.21B	4.81B	4.43B	4.55B	5.04B
Tangible Book Value Per Share	3.63K	4.14K	4.56K	4.68K	5.27K
Total Debt	1.89B	1.83B	1.82B	1.81B	1.92B
Net Debt	399M	547M	791M	635M	687M
Debt Equivalent of Unfunded Proj. Benefit Obligation	135M	94M	71M	24M	17M
Debt Equivalent Oper. Leases	1.61B	1.67B	1.62B	1.56B	1.48B
Minority Interest, Total (Incl. Fin. Div)	18M	18M	18M	20M	23M
Equity Method Investments, Total	651M	753M	731M	738M	795M
Account Code - Inventory Valuation	5	5	5	6	6
LIFO Reserve, Total	-	-	-	-	-
Inventories - Raw Materials, Total	489M	538M	527M	471M	476M
Inventories - Finished Goods, Total	1.1B	1.03B	811M	873M	960M
Inventories - Others	71M	104M	124M	64M	77M
Land - (BS)	285M	331M	369M	470M	504M
Buildings, Total	739M	779M	802M	859M	878M
Machinery, Total	1.7B	2.44B	2.56B	3B	3.55B
Full Time Employees	13.2K	13K	12.85K	14K	14K
Accumulated Allowance for Doubtful Accounts (Supple)	31M	31M	30M	31M	42M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	570M	580M	226M	88M	496M
Depreciation & Amortization - CF	169M	227M	275M	303M	318M
Amortization of Goodwill and Intangible Assets - (CF)	9M	8M	8M	8M	-
Depreciation & Amortization, Total	178M	235M	283M	311M	318M
(Gain) Loss on Sale of Investments - (CF)	-133M	239M	-85M	-19M	-39M
(Income) Loss On Equity Investments - (CF)	-7M	-152M	-105M	-85M	-138M
Other Operating Activities, Total	76M	-31M	-29M	236M	31M
Change In Accounts Receivable	-228M	-188M	176M	-46M	26M
Change In Inventories	-462M	-20M	200M	61M	-93M
Change In Accounts Payable	117M	26M	-32M	-5M	-42M
Change in Other Net Operating Assets	-19M	-13M	76M	-22M	9M
Cash from Operations	92M	676M	710M	519M	568M
Capital Expenditure	-460M	-474M	-506M	-511M	-562M
Sale of Property, Plant, and Equipment	39M	29M	34M	34M	35M
Cash Acquisitions	-7M	-58M	-	-	-
Divestitures	-	17M	-	-	-
Investment in Marketable and Equity Securities, Total	98M	61M	200M	2M	-19M
Other Investing Activities, Total	28M	-12M	-1M	-9M	3M
Cash from Investing	-302M	-437M	-273M	-484M	-543M
Short Term Debt Issued, Total	807M	1.22B	1.17B	1.47B	951M
Long-Term Debt Issued, Total	-	1M	310M	-	-
Total Debt Issued	807M	1.22B	1.48B	1.47B	951M
Short Term Debt Repaid, Total	-515M	-1.27B	-1.37B	-1.38B	-809M
Long-Term Debt Repaid, Total	-55M	-52M	-65M	-59M	-49M
Total Debt Repaid	-570M	-1.32B	-1.44B	-1.44B	-858M
Repurchase of Common Stock	-	-	-600M	-8M	-39M
Common Dividends Paid	-10M	-10M	-10M	-9M	-9M
Common & Preferred Stock Dividends Paid	-10M	-10M	-10M	-9M	-9M
Other Financing Activities, Total	-14M	-2M	-18M	-1M	-1M
Cash from Financing	213M	-116M	-581M	12M	44M
Foreign Exchange Rate Adjustments	-4M	1M	1M	-5M	11M
Net Change in Cash	-1M	124M	-143M	42M	80M
Supplemental Items
Cash Interest Paid	10M	35M	56M	57M	75M
Cash Income Tax Paid (Refund)	104M	101M	47M	40M	-6M
Levered Free Cash Flow	-599M	-12.62M	141M	-142M	-224M
Unlevered Free Cash Flow	-591M	12.38M	177M	-97.38M	-181M
Change In Net Working Capital	588M	158M	-450M	-7M	86M
Net Debt Issued / Repaid	237M	-104M	47M	30M	93M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	4.01	5.31	-0.65	1.26	1.88
Return on Total Capital	4.78	6.22	-0.75	1.47	2.18
Return On Equity %	13.82	12.32	4.71	1.92	10.04
Return on Common Equity	13.85	12.32	4.7	1.88	9.98
Margin Analysis
Gross Profit Margin %	8.86	9.16	3.3	6.33	7.11
SG&A Margin	3.98	3.27	4.09	4.62	4.55
EBITDA Margin %	6.76	7.92	2.12	5.1	5.72
EBITA Margin %	4.93	5.9	-0.75	1.77	2.45
EBIT Margin %	4.83	5.83	-0.84	1.68	2.45
Income From Continuing Operations Margin %	6.19	5.18	2.37	0.99	5.14
Net Income Margin %	6.18	5.16	2.36	0.97	5.09
Net Avail. For Common Margin %	6.18	5.16	2.36	0.97	5.09
Normalized Net Income Margin	4.3	4.5	0.75	1.67	2.33
Levered Free Cash Flow Margin	-6.49	-0.11	1.47	-1.56	-2.3
Unlevered Free Cash Flow Margin	-6.41	0.11	1.85	-1.07	-1.85
Asset Turnover
Asset Turnover	1.33	1.46	1.24	1.19	1.23
Fixed Assets Turnover	4.23	4.43	3.48	3.17	3.18
Receivables Turnover (Average Receivables)	16.57	16.04	14.18	14.99	15.36
Inventory Turnover (Average Inventory)	5.92	6.13	5.9	5.94	6.2
Short Term Liquidity
Current Ratio	2.61	2.63	2.52	2.5	2.4
Quick Ratio	1.45	1.44	1.33	1.39	1.31
Operating Cash Flow to Current Liabilities	0.06	0.44	0.53	0.37	0.38
Days Sales Outstanding (Average Receivables)	22.03	22.76	25.75	24.41	23.76
Days Outstanding Inventory (Average Inventory)	61.64	59.56	61.82	61.62	58.88
Average Days Payable Outstanding	13.79	14.87	16.74	17.67	16.24
Cash Conversion Cycle (Average Days)	69.89	67.44	70.83	68.36	66.41
Long Term Solvency
Total Debt/Equity	42.63	36.54	39.27	38.07	36.62
Total Debt / Total Capital	29.89	26.76	28.2	27.57	26.8
LT Debt/Equity	26.43	23.2	30.15	28.03	24.95
Long-Term Debt / Total Capital	18.53	16.99	21.65	20.3	18.26
Total Liabilities / Total Assets	40.9	36.55	38.75	38.04	36.51
EBIT / Interest Expense	34.31	16.38	-1.38	2.12	3.41
EBITDA / Interest Expense	63.46	27.48	6.98	9.15	10.6
(EBITDA - Capex) / Interest Expense	28.08	15.62	-1.74	2.06	2.57
Total Debt / EBITDA	2.29	1.67	4.49	2.74	2.58
Net Debt / EBITDA	0.48	0.5	1.95	0.96	0.93
Total Debt / (EBITDA - Capex)	5.18	2.93	-18.02	12.22	10.65
Net Debt / (EBITDA - Capex)	1.09	0.88	-7.83	4.29	3.82
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	29.51	21.82	-14.95	-4.83	7.1
Gross Profit, 1 Yr. Growth %	42.51	25.92	-69.32	82.28	20.31
EBITDA, 1 Yr. Growth %	56.39	42.63	-77.19	128.57	19.27
EBITA, 1 Yr. Growth %	93.62	45.71	-110.86	-323.61	53.21
EBIT, 1 Yr. Growth %	96.48	46.86	-112.21	-291.25	53.21
Earnings From Cont. Operations, 1 Yr. Growth %	101.77	1.93	-61	-60.35	456.67
Net Income, 1 Yr. Growth %	101.41	1.75	-61.03	-61.06	463.64
Normalized Net Income, 1 Yr. Growth %	121.82	27.49	-85.84	110.4	62.2
Diluted EPS Before Extra, 1 Yr. Growth %	101.54	1.75	-59.53	-55.18	467.69
Accounts Receivable, 1 Yr. Growth %	40.09	15.69	-20.61	4.03	3.04
Inventory, 1 Yr. Growth %	41.17	0.42	-12.46	-3.69	7.46
Net Property, Plant and Equip., 1 Yr. Growth %	21.1	12.69	4.2	4.92	8.16
Total Assets, 1 Yr. Growth %	17.25	5.32	-4.25	1.31	7.58
Tangible Book Value, 1 Yr. Growth %	17.02	14.33	-7.92	2.62	10.49
Common Equity, 1 Yr. Growth %	15.69	13.13	-7.61	2.45	10.21
Cash From Operations, 1 Yr. Growth %	-68.38	634.78	5.03	-26.9	9.44
Capital Expenditures, 1 Yr. Growth %	77.61	3.04	6.75	0.99	9.98
Levered Free Cash Flow, 1 Yr. Growth %	7.39K	-97.87	-1.21K	-201.15	59.7
Unlevered Free Cash Flow, 1 Yr. Growth %	-15.36K	-102.12	1.33K	-155.01	89.14
Dividend Per Share, 1 Yr. Growth %	0	0	0	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	16.16	25.61	1.79	-10.03	0.96
Gross Profit, 2 Yr. CAGR %	35.43	33.96	-37.85	-25.22	48.09
EBITDA, 2 Yr. CAGR %	61.58	49.35	-42.96	-27.8	68.58
EBITA, 2 Yr. CAGR %	112.25	67.97	-60.22	-50.72	65.74
EBIT, 2 Yr. CAGR %	110.14	69.87	-57.65	-51.67	65.74
Earnings From Cont. Operations, 2 Yr. CAGR %	41.05	43.41	-36.95	-60.68	48.56
Net Income, 2 Yr. CAGR %	40.93	43.16	-37.03	-61.05	48.14
Normalized Net Income, 2 Yr. CAGR %	47.9	68.17	-57.35	-45.41	321.83
Diluted EPS Before Extra, 2 Yr. CAGR %	41.23	43.21	-35.83	-57.41	59.5
Accounts Receivable, 2 Yr. CAGR %	20.05	27.31	-4.16	-9.27	4.04
Inventory, 2 Yr. CAGR %	23.75	19.07	-6.24	-8.18	1.73
Net Property, Plant and Equip., 2 Yr. CAGR %	12.79	16.82	8.36	4.56	6.53
Total Assets, 2 Yr. CAGR %	8.71	11.13	0.42	-1.51	4.4
Tangible Book Value, 2 Yr. CAGR %	11.76	15.67	2.6	-2.79	6.71
Common Equity, 2 Yr. CAGR %	10.89	14.41	2.24	-2.71	6.26
Cash From Operations, 2 Yr. CAGR %	-26.65	52.41	177.8	-12.38	-10.56
Capital Expenditures, 2 Yr. CAGR %	14.81	35.28	4.88	3.83	5.39
Levered Free Cash Flow, 2 Yr. CAGR %	30.24	25.62	-51.21	235.82	28.27
Unlevered Free Cash Flow, 2 Yr. CAGR %	33.68	78.7	-44.91	180.51	2.29
Dividend Per Share, 2 Yr. CAGR %	0	0	0	0	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	11.92	18.02	10.3	-0.47	-4.65
Gross Profit, 3 Yr. CAGR %	14.15	32.18	-18.04	-11.03	-12.37
EBITDA, 3 Yr. CAGR %	19.9	55	-20.17	-9.4	-14.46
EBITA, 3 Yr. CAGR %	25.9	87.24	-32.59	-29.27	-28.83
EBIT, 3 Yr. CAGR %	25.06	86.48	-29.36	-30	-28.54
Earnings From Cont. Operations, 3 Yr. CAGR %	475.23	26.57	-7.09	-45.98	-4.87
Net Income, 3 Yr. CAGR %	474.89	26.43	-7.22	-46.35	-5.08
Normalized Net Income, 3 Yr. CAGR %	57.3	40.76	-26.11	-27.4	-23.62
Diluted EPS Before Extra, 3 Yr. CAGR %	476.49	26.61	-6.02	-43.07	0.98
Accounts Receivable, 3 Yr. CAGR %	11.41	18.58	8.76	-1.62	-5.04
Inventory, 3 Yr. CAGR %	26.84	15.42	7.47	-5.4	-3.24
Net Property, Plant and Equip., 3 Yr. CAGR %	27.21	12.76	12.45	7.2	5.75
Total Assets, 3 Yr. CAGR %	12.24	7.57	5.74	0.71	1.43
Tangible Book Value, 3 Yr. CAGR %	10.94	12.61	7.2	2.61	1.59
Common Equity, 3 Yr. CAGR %	10	11.64	6.54	2.31	1.42
Cash From Operations, 3 Yr. CAGR %	-27.15	58.12	34.62	78.02	-5.64
Capital Expenditures, 3 Yr. CAGR %	41.61	10.74	25.01	3.57	5.84
Levered Free Cash Flow, 3 Yr. CAGR %	210.62	-67.06	160.09	-37.79	160.96
Unlevered Free Cash Flow, 3 Yr. CAGR %	131.75	-66.56	257.47	-44.94	144.39
Dividend Per Share, 3 Yr. CAGR %	14.47	0	0	0	0
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	11.4	14.12	7.75	5.88	6.46
Gross Profit, 5 Yr. CAGR %	10.48	13.41	-10.49	5.25	3.84
EBITDA, 5 Yr. CAGR %	12.91	20.52	-10.92	14.19	6.9
EBITA, 5 Yr. CAGR %	13.84	23.37	-20.59	9.77	0.34
EBIT, 5 Yr. CAGR %	13.38	23.07	-18.9	8.66	1.04
Earnings From Cont. Operations, 5 Yr. CAGR %	12.7	18.79	137.56	-20.7	12.1
Net Income, 5 Yr. CAGR %	12.81	18.62	137.35	-21.06	11.88
Normalized Net Income, 5 Yr. CAGR %	9.84	13.54	-6.67	-3.49	4.88
Diluted EPS Before Extra, 5 Yr. CAGR %	13	18.82	139.56	-18.12	16.12
Accounts Receivable, 5 Yr. CAGR %	12.23	14.03	4.9	6.54	6.78
Inventory, 5 Yr. CAGR %	16.89	16.45	12.4	5.33	5.13
Net Property, Plant and Equip., 5 Yr. CAGR %	18.87	20.1	19.31	9.4	10.04
Total Assets, 5 Yr. CAGR %	9.55	8.89	7.35	3.84	5.2
Tangible Book Value, 5 Yr. CAGR %	6.01	7.36	7.53	6.18	7
Common Equity, 5 Yr. CAGR %	6.91	8.02	6.83	5.66	6.43
Cash From Operations, 5 Yr. CAGR %	-26.43	22.51	24.43	24.86	14.31
Capital Expenditures, 5 Yr. CAGR %	23.83	22.33	25.58	7.92	16.76
Levered Free Cash Flow, 5 Yr. CAGR %	80.39	-32.47	47.74	-16.62	94.79
Unlevered Free Cash Flow, 5 Yr. CAGR %	113.75	-35.16	30.09	-21.7	115.63
Dividend Per Share, 5 Yr. CAGR %	24.57	8.45	8.45	0	0