Seaboard SEB Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Commodity Trading And Milling | $1.21B-1.6% | $1.26B-2.0% | $1.35B+21.1% | $1.34B+18.7% | $1.23B+2.9% | |
| Liquid Fuels | $197M+62.8% | $160M-5.3% | $178M-2.2% | $146M+23.7% | $121M+39.1% | |
| Marine | $429M+5.9% | $445M+8.8% | $376M+15.7% | $385M+18.1% | $405M+21.6% | |
| Pork | $497M+0.4% | $975M+19.5% | $544M+8.4% | $541M-1.6% | $495M-2.6% | |
| Power | $60M+13.2% | $56M-15.2% | $69M+4.5% | $54M-8.5% | $53M+10.4% | |
| Segment And Consolidated Operating Income Loss Total by Business | ||||||
| Commodity Trading And Milling | $17M-58.5% | $58M+18.4% | $37M+19.4% | $7M-79.4% | $41M+128% | |
| Liquid Fuels | $37M+242% | -$38M— | -$37M-54.2% | -$26M+3.7% | -$26M+46.9% | |
| Marine | $34M-40.4% | $46M-8.0% | $18M+1,900% | $44M+144% | $57M+280% | |
| Pork | $7M+123% | $12M+9.1% | $58M+383% | $28M+800% | -$31M-3,200% | |
| Power | $9M+28.6% | $9M-43.8% | $21M+5.0% | $9M-50.0% | $7M0.0% | |
| Operating Income And Income From Affiliates by Business | ||||||
| Commodity Trading And Milling | $22M-51.1% | $64M+23.1% | $41M+17.1% | $10M-76.2% | $45M+125% | |
| Liquid Fuels | $37M+242% | -$38M— | -$37M-54.2% | -$26M+3.7% | -$26M+46.9% | |
| Marine | $35M-39.7% | $48M-5.9% | $19M— | $45M+137% | $58M+263% | |
| Pork | $19M+183% | $23M+43.8% | $65M+261% | $36M+1,700% | -$23M-330% | |
| Power | $9M+28.6% | $9M-47.1% | $21M+5.0% | $9M-50.0% | $7M0.0% | |
| Turkey | $24M— | $39M+144% | $26M+333% | $17M+113% | $0-100% | |
| Total Assets by Business | ||||||
| Commodity Trading And Milling | $1.73B+2.2% | $1.66B+2.9% | $1.61B-0.1% | $1.78B+10.1% | $1.69B+11.1% | |
| Liquid Fuels | $792M+31.1% | $690M+9.5% | $683M+8.4% | $671M+6.5% | $604M— | |
| Marine | $1.25B+22.9% | $1.29B+29.5% | $1.24B+25.2% | $1.11B+11.5% | $1.02B+20.0% | |
| Pork | $2.06B-1.2% | $2.03B-3.7% | $2B-5.2% | $2.06B-2.6% | $2.09B-24.0% | |
| Power | $441M+44.6% | $348M+13.7% | $329M+7.5% | $303M-1.0% | $305M-7.6% | |
| Turkey | $411M+11.4% | $413M-63.5% | $394M+5.1% | $373M-0.5% | $369M-69.3% | |
| Selling General And Administrative Expense by Business | ||||||
| Commodity Trading And Milling | $41M+20.6% | $41M+20.6% | $38M+18.8% | $38M+22.6% | $34M-2.9% | |
| Liquid Fuels | $5M+25.0% | $4M-20.0% | $4M-20.0% | $4M0.0% | $4M+33.3% | |
| Marine | $31M+14.8% | $30M+7.1% | $28M0.0% | $26M0.0% | $27M+3.8% | |
| Pork | $29M+11.5% | $32M+14.3% | $28M+7.7% | $25M-3.8% | $26M-7.1% | |
| Power | $4M+33.3% | $5M0.0% | $4M+33.3% | $5M+66.7% | $3M-25.0% | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Commodity Trading And Milling | $15M+275% | $28M+600% | $10M+400% | $13M+333% | $4M+100% | |
| Liquid Fuels | $2M+100% | $1M— | $3M+50.0% | $5M— | $1M-97.5% | |
| Marine | $6M-91.9% | $49M-31.9% | $93M+57.6% | $86M+197% | $74M+517% | |
| Pork | $28M+3.7% | $39M-35.0% | $29M-57.4% | $39M-57.1% | $27M-42.6% | |
| Power | $44M+4,300% | $16M+167% | $27M— | $0-100% | $1M-50.0% | |
| Income Loss From Equity Method Investments by Business | ||||||
| Commodity Trading And Milling | $5M+25.0% | $6M+100% | $4M0.0% | $3M-62.5% | $4M+100% | |
| Marine | $1M0.0% | $2M+100% | $1M0.0% | $1M0.0% | $1M0.0% | |
| Pork | $12M+50.0% | $11M+120% | $7M+16.7% | $8M+33.3% | $8M-11.1% | |
| Turkey | $24M— | $39M+144% | $26M+333% | $17M+113% | $0-100% | |
| Cost of Goods Sold by Business | ||||||
| Commodity Trading And Milling | $1.15B-0.3% | $1.16B-3.5% | $1.28B+21.2% | $1.3B+21.8% | $1.15B+1.1% | |
| Liquid Fuels | $155M+8.4% | $194M+18.3% | $211M+5.0% | $168M+19.1% | $143M+7.5% | |
| Marine | $364M+13.4% | $369M+11.5% | $330M+10.7% | $315M+11.7% | $321M+9.9% | |
| Pork | $461M-7.8% | $434M-12.1% | $458M-1.3% | $488M-7.6% | $500M+4.4% | |
| Power | $47M+9.3% | $42M-6.7% | $44M+2.3% | $40M+5.3% | $43M+16.2% | |
| D&A by Business | ||||||
| Commodity Trading And Milling | $7M+16.7% | $7M0.0% | $7M+16.7% | $6M0.0% | $6M0.0% | |
| Liquid Fuels | $9M+12.5% | $9M-10.0% | $10M-16.7% | $8M-33.3% | $8M-20.0% | |
| Marine | $18M+12.5% | $17M+21.4% | $16M+14.3% | $16M0.0% | $16M0.0% | |
| Pork | $40M+2.6% | $40M-27.3% | $37M+12.1% | $41M+32.3% | $39M+34.5% | |
| Power | $6M0.0% | $6M0.0% | $5M-16.7% | $5M0.0% | $6M+20.0% | |
| Equity Securities Without Readily Determinable Fair Value Amount by Business | ||||||
| Commodity Trading And Milling | $178M— | $173M+5.5% | —— | —— | —— | |
| Marine | $44M— | $43M+7.5% | —— | —— | —— | |
| Pork | $166M— | $160M+3.9% | —— | —— | —— | |
| Power | $3M— | $3M0.0% | —— | —— | —— | |
| Turkey | $411M— | $413M+10.1% | —— | —— | —— | |
| Revenue by Product | ||||||
| Energy Service | $60M+13.2% | $57M-17.4% | $73M+5.8% | $54M-8.5% | $53M+8.2% | |
| Product And Service Other Services | $23M+15.0% | $22M+15.8% | $19M+26.7% | $16M-11.1% | $20M+42.9% | |
| Transportation | $436M+7.1% | $450M+9.2% | $382M+16.1% | $390M+18.2% | $407M+21.1% | |
| Cost of Goods Sold by Product | ||||||
| Product And Service Other | $49M+11.4% | $42M-6.7% | $45M0.0% | $42M+5.0% | $44M+15.8% | |
| Product | $1.76B-2.3% | $1.8B-4.2% | $1.96B+13.0% | $1.95B+11.6% | $1.8B+1.8% | |
| Service | $375M+14.0% | $378M+12.5% | $341M+11.8% | $322M+11.4% | $329M+10.8% |
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.