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Seaboard SEB Pork — Cost of Goods Sold

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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:CostOfGoodsAndServicesSold.

The source filing: Seaboard’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:11 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000088121-26-000044
(Millions of dollars)PorkCT&MMarineLiquid / FuelsPowerTurkeyAll / Other / and / CorporateInter- / Segment / ElimsTotal
Intersegment net sales (a)121(13)
Total segment/consolidated net sales$$497$1,205$429$19760$$25$(13)2,400
Less significant segment expenses:
Cost of sales4611,1473641554722(13)2,183
Selling, general and administrative expenses2941315411121
Total segment/consolidated operating income (loss)$$7$17$34$379$$(8)96
Income from affiliates12512442
Total operating income (loss) and income from affiliates$$19$22$35$37$9$24$(8)138

Item 1. Financial Statements

FAQ

What is Seaboard's pork — cost of goods sold?
Seaboard (SEB) reported pork — cost of goods sold of $461M in Q1 2026.
How has Seaboard's pork — cost of goods sold changed year-over-year?
Seaboard's pork — cost of goods sold decreased by 7.8% year-over-year, from $500M to $461M.
What is the long-term trend for Seaboard's pork — cost of goods sold?
Over 3 years (2022 to 2025), Seaboard's pork — cost of goods sold has grown at a -1.5% compound annual growth rate (CAGR), from $1.97B to $1.88B.
What does pork — cost of goods sold mean?
Includes the direct costs attributable to the production and processing of pork products, such as raw materials, labor, and manufacturing overhead. Monitoring this metric is essential for assessing the direct production efficiency and gross margin stability of the segment.

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