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Seaboard SEB Marine — Other Commitment

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Other financials

Income statement

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Revenue$2.4B+3.6%
Gross profit$217.0M+52.8%
Operating income$96.0M+153%
Net income$120.0M+275%
EPS (diluted)$124.24+277%

Balance sheet

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Cash & equivalents$111.0M+27.6%
Total debt$1.3B-1.2%
Total equity$5.3B+12.5%
Total assets$8.4B+10.4%

Cash flow

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Operating cash flow-$54.0M-170%
CapEx$96.0M-11.9%
Free cash flow-$150.0M-16.3%

Valuation

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Market cap$4.1B+22.5%
Enterprise value$5.34B+16.4%
P/E-16.4×
P/S0.4×+0.1×

Profitability

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Gross margin7.8%+1.0pp
Operating margin3%+0.7pp
Net margin6%+4.9pp
FCF margin-0.2%-0.1pp

Returns & leverage

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Return on equity11.7%+9.6pp
Debt / equity0.3×0.0×
Current ratio2.4×-0.1×

Where this comes from

Reported directly by Seaboard in its filing.

Tagged under the XBRL concept us-gaap:OtherCommitment.

The source filing: Seaboard’s 10-K, filed February 12, 2026.

Filed
Feb 12, 2026, 4:11 PM EST
Fiscal year
FY2025
Accession
0000088121-26-000012

(e) The capital expenditures are primarily for the Power segment’s construction of EDM IV. The total estimated cost of the barge project is approximately $315 million, with installment payments due based on milestones achieved. Also, during 2025, the Marine segment entered into an agreement to build a ninth new dual-fueled vessel at a cost of approximately $75 million, expected to be completed and delivered in 2027.

Item 8. Financial Statements and Supplementary Data

FAQ

What is Seaboard's marine — other commitment?
Seaboard (SEB) reported marine — other commitment of $75M in Q4 2025.
What does marine — other commitment mean?
Reflects the total value of contractual obligations or financial commitments related to the marine segment that do not fall under standard debt or lease categories. This captures potential future cash outflows for services, partnerships, or operational requirements. It is essential for evaluating the segment's off-balance-sheet liabilities and long-term financial flexibility.

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