Seaboard Corporation announced its third-quarter 2025 earnings, alongside a quarterly cash dividend of $2.25 per share. The report highlighted financial results for the three and nine months ended September 27, 2025, and September 28, 2024.
Seaboard Corporation reported a significant increase in net sales and operating income for the first quarter of 2025 compared to the same period in 2024. Net sales rose by $125 million to $2,316 million, and operating income increased by $58 million to $38 million. This growth was primarily fueled by higher voyage revenue in the Marine segment, mark-to-market gains and higher commodity volumes in CT&M, and increased fuel and environmental credits sales in Liquid Fuels. However, the Pork segment experienced a decline in operating income due to lower margins.
Seaboard Corporation reported net sales of $2.482 billion and net earnings attributable to Seaboard of $154 million for the quarter ended December 31, 2024. The company's Board of Directors has authorized and declared a quarterly cash dividend of $2.25 per share of its common stock.
Seaboard Corporation reported a net loss attributable to Seaboard of $149 million for the three months ended September 28, 2024, impacted by a $176 million valuation allowance on U.S. deferred tax assets. The company's net sales were $2,218 million, and operating income was $32 million. The Board of Directors declared a quarterly cash dividend of $2.25 per share.
Seaboard Corporation reported net sales of $2.209 billion and net earnings of $61 million for the quarter ended June 29, 2024. Earnings per share were $62.82. The Board of Directors declared a quarterly cash dividend of $2.25 per share.
Seaboard Corporation reported a decrease in net sales to $2.191 billion compared to $2.499 billion in the same period last year. However, the company returned to profitability with net earnings of $22 million, a significant improvement from the net loss of $16 million in the previous year. The company declared a dividend of $2.25 per share.
Seaboard Corporation reported a decrease in net sales and a loss in operating income for the quarter ended December 31, 2023. Net sales decreased to $2,282 million compared to $2,666 million in the same quarter of the previous year. The company experienced an operating loss of $87 million, a significant change from the $164 million operating income in Q4 2022. Net earnings attributable to Seaboard were $64 million, down from $223 million year-over-year.
Seaboard Corporation reported a decrease in net sales and operating income for the quarter ended September 30, 2023, compared to the same period in 2022. Net sales were $2,388 million, operating income was $67 million, and net earnings attributable to Seaboard were $126 million.
Seaboard Corporation reported a decrease in net sales and an operating loss for the three months ended July 1, 2023. Despite the operating loss, the company achieved net earnings attributable to Seaboard.
Seaboard Corporation reported a net loss attributable to Seaboard of $16 million and a loss per share of $13.78 for the three months ended April 1, 2023. This contrasts with a net earnings of $103 million and earnings per share of $89.28 for the same period last year. Net sales decreased to $2,499 million, and the company had an operating loss of $63 million compared to an operating income of $146 million in the prior year.
Seaboard Corporation reported increased earnings for Q4 2022. Net sales reached $2.666 billion, operating income was $164 million, and net earnings attributable to Seaboard were $223 million.
Seaboard Corporation reported net sales of $2.895 billion and net earnings attributable to Seaboard of $146 million for the three months ended October 1, 2022. Earnings per common share were $125.78.
Seaboard Corporation reported an increase in net sales and operating income for the three months ended July 2, 2022, compared to the same period in 2021. However, net earnings attributable to Seaboard decreased during the same period.
Seaboard Corporation reported net sales of $2.709 billion and net earnings of $103 million for the quarter ended April 2, 2022. This compares to net sales of $2.059 billion and net earnings of $179 million for the quarter ended April 3, 2021.
Seaboard Corporation reported net sales of $2,464 million and net earnings attributable to Seaboard of $121 million for the three months ended December 31, 2021.
Seaboard Corporation reported net sales of $2,276 million and net earnings of $94 million for the quarter ended October 2, 2021. This compares to net sales of $1,645 million and net earnings of $154 million for the quarter ended September 26, 2020.
Seaboard Corporation reported net sales of $2.43 billion and net earnings of $176 million for the three months ended July 3, 2021. This represents a significant increase compared to the same period last year, when the company reported net sales of $1.808 billion and a net loss of $27 million.
Seaboard Corporation reported net sales of $2,059 million and net earnings of $179 million for the three months ended April 3, 2021.
Seaboard Corporation reported net sales of $1.99 billion and net earnings of $259 million for the quarter ended December 31, 2020. Earnings per share were $222.52. The results include a positive impact from a change in inventory valuation and investment income.
Seaboard Corporation reported net sales of $1,645 million and net earnings attributable to Seaboard of $147 million for the quarter ended September 26, 2020. Earnings per share were $126.17.
Seaboard Corporation reported a net loss of $26 million for the quarter ended June 27, 2020, compared to a net income of $58 million for the same period in 2019. The loss per share was $(22.35) compared to earnings per share of $50.13 in the prior year. Net sales were $1,808 million, slightly lower than $1,822 million in the prior year.
Seaboard Corporation reported net sales of $1,683 million for the three months ended March 28, 2020, compared to $1,543 million for the three months ended March 30, 2019. The company reported a net loss attributable to Seaboard of $(103) million, and a loss per common share of $(88.43). The effects of the COVID-19 pandemic were not significant to Seaboard Corporation’s first quarter 2020 results.
Seaboard Corporation reported net sales of $1.812 billion and net earnings of $175 million for the quarter ended December 31, 2019. The Pork segment recognized $60 million in revenue due to the 2019 Tax Act, and net earnings included other investment income of $73 million.