Seaboard Corporation (SEB) Q2 2025 Financial Results Summary

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# Seaboard Corporation (SEB) Q2 2025 Financial Results Summary

On July 29, 2025, Seaboard Corporation released its financial results for the three and six months ended June 28, 2025, compared to the same period in 2024.

### Key Financial Metrics

– **Net Sales:**
– Q2 2025: **$2,480 million**
– Q2 2024: **$2,209 million**
– **Growth:** **12.2%** increase year-over-year.

– **Operating Income:**
– Q2 2025: **$4,796 million**
– Q2 2024: **$4,400 million**
– **Growth:** **9.0%** increase year-over-year.

– **Net Earnings Attributable to Seaboard:**
– Q2 2025: **$102 million**
– Q2 2024: **$61 million**
– **Growth:** **67.2%** increase year-over-year.

### Earnings Per Share (EPS)

– **Earnings Per Common Share:**
– Q2 2025: **$105.22**
– Q2 2024: **$62.82**
– **Growth:** **67.5%** increase year-over-year.

### Average Shares Outstanding

– **Average Number of Shares Outstanding:**
– Q2 2025: **969,427**
– Q2 2024: **971,055**
– **Decrease:** **0.2%** decrease year-over-year.

### Dividend Information

– Seaboard Corporation declared a quarterly cash dividend of **$2.25 per share**, consistent with the same quarter last year.
– **Dividend Payable Date:** August 18, 2025
– **Record Date:** August 8, 2025

### Six-Month Financial Performance

– **Net Sales:**
– Six Months 2025: **$4,796 million**
– Six Months 2024: **$4,400 million**
– **Growth:** **9.0%** increase year-over-year.

– **Net Earnings Attributable to Seaboard:**
– Six Months 2025: **$134 million**
– Six Months 2024: **$83 million**
– **Growth:** **61.4%** increase year-over-year.

– **Earnings Per Common Share (EPS):**
– Six Months 2025: **$138.11**
– Six Months 2024: **$85.47**
– **Growth:** **61.5%** increase year-over-year.

### Summary

In summary, Seaboard Corporation’s Q2 2025 financial results showcased strong growth in net sales, operating income, and net earnings compared to the same quarter last year, alongside consistent dividend payments to shareholders. Notably, there was a significant increase in earnings per share, reflecting the company’s robust financial performance during the quarter.

Three Months Ended Six Months Ended
June 28, 2025 June 29, 2024 June 28, 2025 June 29, 2024
Net sales 2,480 2,209 4,796 4,400
Operating income 2,480 2,209 4,796 4,400
Net earnings attributable to Seaboard 52 30 90 10
102 61 134 83
Earnings per common share $105.22 $62.82 $138.11 $85.47
Average number of shares outstanding 969,427 971,055 970,228 971,055
Dividends declared per common share $2.25 $2.25 $4.50 $4.50
Dec 31, 2024 June 30, 2025
Assets
Current assets
Cash and cash equivalents
Accounts receivable
Inventories
Other current assets
Total current assets
Property, plant, and equipment, net
Long-term financing receivables
Other assets
Total assets
Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable
Short-term debt
Other current liabilities
Total current liabilities
Long-term debt
Other liabilities
Total liabilities
Stockholders’ equity
Common stock and additional paid-in capital
Retained earnings
Total stockholders’ equity
Total liabilities and stockholders’ equity