SEABOARD CORPORATION REPORT OF EARNINGS AND DIVIDEND DECLARATION

Rhea-AI Summary

Seaboard (NYSE American: SEB) reported results for the quarters and years ended December 31, 2025 and 2024. Full-year 2025 net sales were $9,746 million; operating income $239 million; net earnings attributable to Seaboard $496 million; and EPS $514.46. Seaboard recognized a $170 million income tax benefit from reversal of a valuation allowance. The board declared a quarterly cash dividend of $2.25 per share, payable March 5, 2026, to holders of record on February 23, 2026.

Positive

• Net earnings jumped to $496 million for 2025
• Full-year EPS $514.46 reflects major GAAP gain
• Board declared quarterly dividend of $2.25 payable March 5, 2026

Negative

• Operating income rose but remains modest at $239 million for 2025
• Net sales increased only to $9,746 million, a limited uplift versus scale

MERRIAM, Kan., Feb. 12, 2026 /PRNewswire/ -- The following is a report of earnings for Seaboard Corporation (NYSE American: SEB), with offices at 9000 West 67^th Street, Merriam, Kansas, for the quarters and years ended December 31, 2025 and December 31, 2024, in millions of dollars except share and per share amounts.

		Three Months Ended						Years Ended
		December 31,			December 31,			December 31,			December 31,
		2025			2024			2025			2024
Net sales		$	2,410		$	2,482		$	9,746		$	9,100
Operating income		$	65		$	114		$	239		$	156
Net earnings attributable to Seaboard		$	253		$	154		$	496		$	88
Earnings per common share		$	264.13		$	158.58		$	514.46		$	90.62
Average number of shares outstanding			957,855			971,055			964,113			971,055
Dividends declared per common share		$	2.25		$	2.25		$	9.00		$	9.00

Seaboard Corporation's results for the three and twelve months ended December 31, 2025 were impacted by the reversal of a valuation allowance recorded on certain of its domestic deferred tax assets. Seaboard recognized a total income tax benefit of $170 million related to changes in the valuation allowance for the twelve months ended December 31, 2025. Further detail on the reversal of the valuation allowance and results for the year ended December 31, 2025 are included in its Annual Report on Form 10-K filed today with the United States Securities and Exchange Commission. Seaboard Corporation has provided access to the Annual Report on Form 10-K on its website at https://www.seaboardcorp.com/investors.

Also, Seaboard Corporation announced today that its Board of Directors has authorized and declared a quarterly cash dividend of $2.25 per share of its common stock. The dividend is payable on March 5, 2026 to stockholders of record at the close of business on February 23, 2026.

View original content:https://www.prnewswire.com/news-releases/seaboard-corporation-report-of-earnings-and-dividend-declaration-302686932.html

SOURCE Seaboard Corporation

FAQ

What was Seaboard (SEB) earnings per share for the year ended December 31, 2025?

Seaboard reported EPS of $514.46 for 2025. According to Seaboard, that figure reflects year-end items including a valuation allowance reversal that materially increased net income for the twelve months ended December 31, 2025.

How much did Seaboard (SEB) recognize from the valuation allowance reversal in 2025?

Seaboard recognized an $170 million income tax benefit related to the valuation allowance reversal. According to Seaboard, this benefit materially impacted reported net earnings for the year ended December 31, 2025.

What were Seaboard's full-year 2025 net earnings attributable to shareholders (SEB)?

Seaboard reported $496 million in net earnings attributable to Seaboard for 2025. According to Seaboard, the year included the $170 million tax benefit linked to reversal of a valuation allowance.

When is Seaboard (SEB) paying the declared $2.25 quarterly dividend?

Seaboard's board declared a $2.25 per share dividend payable on March 5, 2026. According to Seaboard, shareholders of record at the close of business on February 23, 2026 will be eligible for the payment.

What were Seaboard's reported net sales and operating income for full-year 2025?

Seaboard reported full-year net sales of $9,746 million and operating income of $239 million for 2025. According to Seaboard, these figures are for the year ended December 31, 2025 and appear in its annual results.

How many average shares outstanding did Seaboard report for 2025 and why does it matter?

Seaboard reported an average of 964,113 shares outstanding for 2025. According to Seaboard, average shares are used to calculate per‑share metrics like EPS, so share count affects reported EPS levels.