Seaboard SEB Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Commodity Trading And Milling | $1.21B-4.0% | $1.26B-7.0% | $1.35B+0.5% | $1.34B+9.6% | $1.23B-4.4% | |
| Liquid Fuels | $197M+23.1% | $160M-10.1% | $178M+21.9% | $146M+20.7% | $121M-28.4% | |
| Marine | $429M-3.6% | $445M+18.4% | $376M-2.3% | $385M-4.9% | $405M-1.0% | |
| Pork | $497M-49.0% | $975M+79.2% | $544M+0.6% | $541M+9.3% | $495M-39.3% | |
| Power | $60M+7.1% | $56M-18.8% | $69M+27.8% | $54M+1.9% | $53M-19.7% | |
| Segment And Consolidated Operating Income Loss Total by Business | ||||||
| Commodity Trading And Milling | $17M-70.7% | $58M+56.8% | $37M+429% | $7M-82.9% | $41M-16.3% | |
| Liquid Fuels | $37M+197% | -$38M-2.7% | -$37M-42.3% | -$26M0.0% | -$26M— | |
| Marine | $34M-26.1% | $46M+156% | $18M-59.1% | $44M-22.8% | $57M+14.0% | |
| Pork | $7M-41.7% | $12M-79.3% | $58M+107% | $28M+190% | -$31M-382% | |
| Power | $9M0.0% | $9M-57.1% | $21M+133% | $9M+28.6% | $7M-56.3% | |
| Operating Income And Income From Affiliates by Business | ||||||
| Commodity Trading And Milling | $22M-65.6% | $64M+56.1% | $41M+310% | $10M-77.8% | $45M-13.5% | |
| Liquid Fuels | $37M+197% | -$38M-2.7% | -$37M-42.3% | -$26M0.0% | -$26M— | |
| Marine | $35M-27.1% | $48M+153% | $19M-57.8% | $45M-22.4% | $58M+13.7% | |
| Pork | $19M-17.4% | $23M-64.6% | $65M+80.6% | $36M+257% | -$23M-244% | |
| Power | $9M0.0% | $9M-57.1% | $21M+133% | $9M+28.6% | $7M-58.8% | |
| Turkey | $24M-38.5% | $39M+50.0% | $26M+52.9% | $17M— | $0-100% | |
| Total Assets by Business | ||||||
| Commodity Trading And Milling | $1.73B+4.0% | $1.66B+3.0% | $1.61B-9.3% | $1.78B+5.2% | $1.69B+4.6% | |
| Liquid Fuels | $792M+14.8% | $690M+1.0% | $683M+1.8% | $671M+11.1% | $604M-4.1% | |
| Marine | $1.25B-2.6% | $1.29B+3.5% | $1.24B+12.3% | $1.11B+8.6% | $1.02B+2.6% | |
| Pork | $2.06B+1.4% | $2.03B+1.6% | $2B-2.7% | $2.06B-1.5% | $2.09B-1.1% | |
| Power | $441M+26.7% | $348M+5.8% | $329M+8.6% | $303M-0.7% | $305M-0.3% | |
| Turkey | $411M-0.5% | $413M+4.8% | $394M+5.6% | $373M+1.1% | $369M-67.4% | |
| Selling General And Administrative Expense by Business | ||||||
| Commodity Trading And Milling | $41M0.0% | $41M+7.9% | $38M0.0% | $38M+11.8% | $34M0.0% | |
| Liquid Fuels | $5M+25.0% | $4M0.0% | $4M0.0% | $4M0.0% | $4M-20.0% | |
| Marine | $31M+3.3% | $30M+7.1% | $28M+7.7% | $26M-3.7% | $27M-3.6% | |
| Pork | $29M-9.4% | $32M+14.3% | $28M+12.0% | $25M-3.8% | $26M-7.1% | |
| Power | $4M-20.0% | $5M+25.0% | $4M-20.0% | $5M+66.7% | $3M-40.0% | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Commodity Trading And Milling | $15M-46.4% | $28M+180% | $10M-23.1% | $13M+225% | $4M0.0% | |
| Liquid Fuels | $2M+100% | $1M-66.7% | $3M-40.0% | $5M+400% | $1M— | |
| Marine | $6M-87.8% | $49M-47.3% | $93M+8.1% | $86M+16.2% | $74M+2.8% | |
| Pork | $28M-28.2% | $39M+34.5% | $29M-25.6% | $39M+44.4% | $27M-55.0% | |
| Power | $44M+175% | $16M-40.7% | $27M— | $0-100% | $1M-83.3% | |
| Income Loss From Equity Method Investments by Business | ||||||
| Commodity Trading And Milling | $5M-16.7% | $6M+50.0% | $4M+33.3% | $3M-25.0% | $4M+33.3% | |
| Marine | $1M-50.0% | $2M+100% | $1M0.0% | $1M0.0% | $1M0.0% | |
| Pork | $12M+9.1% | $11M+57.1% | $7M-12.5% | $8M0.0% | $8M+60.0% | |
| Turkey | $24M-38.5% | $39M+50.0% | $26M+52.9% | $17M— | $0-100% | |
| Cost of Goods Sold by Business | ||||||
| Commodity Trading And Milling | $1.15B-0.8% | $1.16B-9.3% | $1.28B-1.8% | $1.3B+12.9% | $1.15B-4.0% | |
| Liquid Fuels | $155M-20.1% | $194M-8.1% | $211M+25.6% | $168M+17.5% | $143M-12.8% | |
| Marine | $364M-1.4% | $369M+11.8% | $330M+4.8% | $315M-1.9% | $321M-3.0% | |
| Pork | $461M+6.2% | $434M-5.2% | $458M-6.1% | $488M-2.4% | $500M+1.2% | |
| Power | $47M+11.9% | $42M-4.5% | $44M+10.0% | $40M-7.0% | $43M-4.4% | |
| D&A by Business | ||||||
| Commodity Trading And Milling | $7M0.0% | $7M0.0% | $7M+16.7% | $6M0.0% | $6M-14.3% | |
| Liquid Fuels | $9M0.0% | $9M-10.0% | $10M+25.0% | $8M0.0% | $8M-20.0% | |
| Marine | $18M+5.9% | $17M+6.3% | $16M0.0% | $16M0.0% | $16M+14.3% | |
| Pork | $40M0.0% | $40M+8.1% | $37M-9.8% | $41M+5.1% | $39M-29.1% | |
| Power | $6M0.0% | $6M+20.0% | $5M0.0% | $5M-16.7% | $6M0.0% | |
| Equity Securities Without Readily Determinable Fair Value Amount by Business | ||||||
| Commodity Trading And Milling | $178M+2.9% | $173M— | —— | —— | —— | |
| Marine | $44M+2.3% | $43M— | —— | —— | —— | |
| Pork | $166M+3.8% | $160M— | —— | —— | —— | |
| Power | $3M0.0% | $3M— | —— | —— | —— | |
| Turkey | $411M-0.5% | $413M— | —— | —— | —— | |
| Revenue by Product | ||||||
| Energy Service | $60M+5.3% | $57M-21.9% | $73M+35.2% | $54M+1.9% | $53M-23.2% | |
| Product And Service Other Services | $23M+4.5% | $22M+15.8% | $19M+18.8% | $16M-20.0% | $20M+5.3% | |
| Transportation | $436M-3.1% | $450M+17.8% | $382M-2.1% | $390M-4.2% | $407M-1.2% | |
| Cost of Goods Sold by Product | ||||||
| Product And Service Other | $49M+16.7% | $42M-6.7% | $45M+7.1% | $42M-4.5% | $44M-2.2% | |
| Product | $1.76B-2.2% | $1.8B-8.0% | $1.96B+0.1% | $1.95B+8.5% | $1.8B-4.1% | |
| Service | $375M-0.8% | $378M+10.9% | $341M+5.9% | $322M-2.1% | $329M-2.1% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Seaboard break its business down?
- Seaboard (SEB) reports revenue by business across 5 parts — Commodity Trading And Milling, Liquid Fuels, Marine, Pork and Power. Each is extracted from the segment footnotes and tracked over time.
- Where does Seaboard's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Seaboard's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.