15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 6.5% per year over the past 5 years.
Net income has grown faster than revenue (12.1% vs 6.5% per year).
Operating margin has been roughly flat, at 2.5% in the latest year.
Free cash flow has declined 28.5% per year over the past 5 years.
Financial health
Total debt ($977M) exceeds cash ($178M); net debt is $799M.
Total debt has grown in line with revenue (5.1% vs 6.5% per year).
Operating income covered interest expense 3.4× in the latest year.
Total debt is 1.8× EBITDA.
Shareholder returns
Dividends have been paid for 9 consecutive years, consuming 1.8% of earnings and 150.0% of free cash flow.
The dividend has declined 2.1% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$9.7B
$501M
7.1%
2.5%
$6M
$977M
$178M
2024
$9.1B
$90M
6.3%
1.7%
$8M
$987M
$98M
2023
$9.6B
$227M
3.3%
-0.9%
$204M
$997M
$56M
2022
$11.2B
$582M
9.2%
5.8%
$202M
$702M
$199M
2021
$9.2B
$571M
8.9%
5.0%
-$368M
$716M
$75M
2020
$7.1B
$283M
8.1%
3.4%
$32M
$762M
$76M
2019
$6.8B
$287M
6.5%
1.6%
-$178M
$792M
$125M
2018
$6.6B
$3M
8.4%
3.6%
$76M
$778M
$194M
2017
$5.8B
$246M
9.5%
4.1%
$72M
$482M
$116M
2016
$5.4B
$314M
9.2%
4.3%
$269M
$499M
$77M
2015
—
$172M
—
—
$277M
$518M
$50M
2014
—
$368M
—
—
—
—
$36M
2013
—
$214M
—
—
—
—
$55M
2012
—
$283M
—
—
—
—
$48M
2011
—
$344M
—
—
—
—
$72M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Apr '26
$2.4B
$120M
9.0%
4.0%
-$150M
$974M
$111M
Dec '25
$2.4B
$255M
7.9%
2.7%
$53M
$977M
$178M
Sep '25
$2.5B
$110M
7.8%
3.3%
$152M
$982M
$205M
Jun '25
$2.5B
$104M
6.5%
2.1%
-$70M
$984M
$117M
Mar '25
$2.3B
$32M
6.1%
1.6%
-$129M
$987M
$87M
Dec '24
$2.5B
$156M
9.0%
4.6%
$162M
$987M
$98M
Sep '24
$2.2B
-$149M
6.2%
1.4%
$58M
$992M
$106M
Jun '24
$2.2B
$61M
5.8%
1.4%
-$127M
$992M
$79M
Mar '24
$2.2B
$22M
4.0%
-0.9%
-$85M
$994M
$78M
Dec '23
$2.3B
$65M
0.9%
0.0%
-$33M
$997M
$56M
Sep '23
$2.4B
$126M
6.9%
2.8%
$252M
$696M
$100M
Jul '23
$2.4B
$52M
4.0%
-0.2%
$3M
$698M
$68M
Apr '23
$2.5B
-$16M
1.4%
-2.5%
-$18M
$699M
$84M
Dec '22
$2.7B
$224M
10.0%
6.2%
$192M
$702M
$199M
Oct '22
$2.9B
$146M
8.5%
5.4%
$166M
$703M
$70M
Jul '22
$3.0B
$108M
9.5%
6.5%
-$101M
$704M
$95M
Apr '22
$2.7B
$104M
8.7%
5.4%
-$55M
$705M
$94M
Dec '21
$2.5B
$122M
7.6%
3.6%
-$140M
$716M
$75M
Oct '21
$2.3B
$94M
8.8%
4.9%
$63M
$717M
$62M
Jul '21
$2.4B
$176M
10.4%
6.8%
-$45M
$720M
$92M
Valuation over time
How the market has priced SEB against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 6.2× (Mar '23) to 9.0× (Jun '26).
The price-to-sales ratio has risen from 0.3× (Mar '23) to 0.5× (Jun '26).
The dividend yield has fallen from 0.3% (Mar '23) to 0.2% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is SEB growing its revenue and profit?
Over the past 5 years, Seaboard Corp /De/'s revenue has grown 6.5% per year, and net income grown 12.1% per year. These are computed facts, not advice.
How much debt does SEB have?
As of FY2025, Seaboard Corp /De/ reported $977M of total debt against $178M of cash; operating income covered interest expense 3.4×.
What is SEB's profit margin?
In FY2025, gross margin was 7.1%, operating margin 2.5%, and net margin 5.1%.
What is SEB's P/E ratio?
As of Jun '26, Seaboard Corp /De/ traded at a price-to-earnings ratio of about 9.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.