Seaboard Corporation
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $9.75B | $9.10B | $9.56B | $11.24B | $9.23B | $7.13B | $6.84B |
| Cost of Revenue | — | $9.05B | $8.52B | $9.25B | $10.21B | $8.41B | $6.55B | $6.39B |
| Gross Profit | — | $693.0M | $576.0M | $316.0M | $1.03B | $818.0M | $574.0M | $446.0M |
| Gross Margin | — | 7.1% | 6.3% | 3.3% | 9.2% | 8.9% | 8.1% | 6.5% |
| Operating Expenses | ||||||||
| Research & Development | — | $64.0M | $113.0M | $361.0M | $210.0M | $191.0M | $134.0M | $143.0M |
| SG&A Expense | — | $454.0M | $420.0M | $403.0M | $373.0M | $360.0M | $329.0M | $336.0M |
| Operating Income | — | $239.0M | $156.0M | $-87.0M | $657.0M | $458.0M | $245.0M | $110.0M |
| Operating Margin | — | 2.5% | 1.7% | -0.9% | 5.8% | 5.0% | 3.4% | 1.6% |
| Interest Expense | — | — | — | $58.0M | $40.0M | $13.0M | $19.0M | $36.0M |
| Pretax Income | — | $410.0M | $246.0M | $107.0M | $579.0M | $636.0M | $286.0M | $290.0M |
| Income Tax Expense | — | $-91.0M | $156.0M | $-120.0M | $-3.0M | $65.0M | $3.0M | $3.0M |
| Net Income | — | $501.0M | $90.0M | $227.0M | $582.0M | $571.0M | $283.0M | $287.0M |
| Net Margin | — | 5.1% | 1.0% | 2.4% | 5.2% | 6.2% | 4.0% | 4.2% |
| EPS (Basic) | — | $514.46 | $90.62 | $202.21 | $499.66 | $490.36 | $244.21 | $246.62 |
| EPS (Diluted) | — | $514.46 | $90.62 | $202.21 | $499.66 | — | — | — |
| Shares Outstanding (Basic) | 957.8K | 964.1K | 971.1K | 1.1M | 1.2M | 1.2M | 1.2M | 1.2M |
| Shares Outstanding (Diluted) | 957.8K | 964.1K | 971.1K | 1.1M | 1.2M | 1.2M | 1.2M | 1.2M |
| Dividends Per Share | — | $9.00 | $9.00 | $9.00 | $9.00 | $9.00 | $9.00 | $9.00 |
People calculate too much and think too little.