# 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 |