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Seaboard Corp. /DE/ (SEB) Fundamental Analysis & AI Grade 2026

SEB NYSE Wholesale-Farm Product Raw Materials DE CIK: 0000088121
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-04-04
Combined AI Grade
C
72% Confidence
N/A
C
72% Conf
Pending
Analysis scheduled

📊 SEB Key Takeaways

Revenue: $2.4B
Net Margin: 5.0%
Free Cash Flow: $-150.0M
Current Ratio: 2.38x
Debt/Equity: 0.18x
EPS: $124.24
AI Grade: C with 72% confidence
Seaboard Corp. /DE/ (SEB) receives a C fundamental grade with 72% confidence from our AI analysis based on SEC 10-K filings. With revenue of $2.4B, net profit margin of 5.0%, and return on equity (ROE) of 2.2%, Seaboard Corp. /DE/ demonstrates mixed fundamentals in the Market sector. Below is our complete SEB stock analysis for 2026.

Is Seaboard Corp. /DE/ (SEB) a Good Investment?

Claude

Seaboard Corp exhibits concerning operational cash generation despite positive net income, with negative free cash flow of -$150M indicating unsustainable capital burn and potential working capital deterioration. While the balance sheet remains strong with low leverage (0.18x D/E) and adequate liquidity, the company's poor returns on capital (ROE 2.2%, ROA 1.4%), thin commodity-business margins, and disconnect between earnings and cash flow suggest fundamental operational challenges outweigh financial stability benefits.

Seaboard Corp. /DE/ Key Strengths (SEB)

Claude
  • + Strong balance sheet with low debt-to-equity ratio (0.18x) and manageable leverage
  • + Solid liquidity position with current ratio of 2.38x and quick ratio of 1.29x
  • + Top-line revenue growth of 7.1% YoY shows continued market demand
  • + Healthy interest coverage of 8.0x indicates low financial distress risk

SEB Stock Risks: Seaboard Corp. /DE/ Investment Risks

Claude
  • ! Critical: Negative operating cash flow (-$54M) despite positive net income signals earnings quality concerns or severe working capital issues
  • ! Critical: Negative free cash flow (-$150M) indicates unsustainable cash burn; company cannot self-fund operations and capital expenditures
  • ! Extremely thin margins (9% gross, 4% operating, 5% net) provide minimal buffer in commodity wholesale business with limited pricing power
  • ! Abysmal returns on capital (ROE 2.2%, ROA 1.4%) demonstrate inefficient capital deployment and poor asset productivity
  • ! Net income declined 1% YoY despite 7.1% revenue growth, indicating margin compression and operating deleverage

Key Metrics to Watch

Claude
  • * Operating cash flow trend and working capital dynamics (accounts receivable/inventory turnover)
  • * Free cash flow sustainability and cash position (currently $111M with $974M debt)
  • * Gross margin and operating margin trends to assess pricing power in commodity markets
  • * Return on equity and return on assets trajectories

Seaboard Corp. /DE/ (SEB) Financial Metrics & Key Ratios

Revenue
$2.4B
Net Income
$119.0M
EPS (Diluted)
$124.24
Free Cash Flow
$-150.0M
Total Assets
$8.4B
Cash Position
$111.0M

💡 AI Analyst Insight

Strong liquidity with a 2.38x current ratio provides a solid financial cushion.

SEB Profit Margin, ROE & Profitability Analysis

Gross Margin 9.0%
Operating Margin 4.0%
Net Margin 5.0%
ROE 2.2%
ROA 1.4%
FCF Margin -6.3%

SEB vs Market Sector: How Seaboard Corp. /DE/ Compares

How Seaboard Corp. /DE/ compares to Market sector averages

Net Margin
SEB 5.0%
vs
Sector Avg 12.0%
SEB Sector
ROE
SEB 2.2%
vs
Sector Avg 15.0%
SEB Sector
Current Ratio
SEB 2.4x
vs
Sector Avg 1.8x
SEB Sector
Debt/Equity
SEB 0.2x
vs
Sector Avg 0.7x
SEB Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Seaboard Corp. /DE/ Stock Overvalued? SEB Valuation Analysis 2026

Based on fundamental analysis, Seaboard Corp. /DE/ has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
2.2%
Sector avg: 15%
Net Profit Margin
5.0%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.18x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Seaboard Corp. /DE/ Balance Sheet: SEB Debt, Cash & Liquidity

Current Ratio
2.38x
Quick Ratio
1.29x
Debt/Equity
0.18x
Debt/Assets
36.4%
Interest Coverage
8.00x
Long-term Debt
$974.0M

SEB Revenue & Earnings Growth: 5-Year Financial Trend

SEB 5-year financial data: Year 2021: Revenue $9.2B, Net Income $287.0M, EPS N/A. Year 2022: Revenue $11.2B, Net Income $283.0M, EPS N/A. Year 2023: Revenue $11.2B, Net Income $571.0M, EPS N/A. Year 2024: Revenue $11.2B, Net Income $582.0M, EPS $499.66. Year 2025: Revenue $9.7B, Net Income $227.0M, EPS $202.21.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Seaboard Corp. /DE/'s revenue has shown modest growth of 6% over the 5-year period. The most recent EPS of $202.21 reflects profitable operations.

SEB Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-6.3%
Free cash flow / Revenue

SEB Quarterly Earnings & Performance

Quarterly financial performance data for Seaboard Corp. /DE/ including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $2.3B $32.0M $32.95
Q3 2025 $2.2B $22.0M $-67.97
Q2 2025 $2.2B $22.0M $62.82
Q1 2025 $2.2B $22.0M $22.66
Q3 2024 $2.2B -$16.0M $-67.97
Q2 2024 $2.2B -$16.0M $31.01
Q1 2024 $2.2B -$16.0M N/A
Q3 2023 $2.4B -$16.0M N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Seaboard Corp. /DE/ Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$54.0M
Cash generated from operations
Stock Buybacks
$39.0M
Shares repurchased (TTM)
Capital Expenditures
$96.0M
Investment in assets
Dividends Paid
$2.0M
Returned to shareholders

SEB SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Seaboard Corp. /DE/ (CIK: 0000088121)

📋 Recent SEC Filings

Date Form Document Action
May 5, 2026 10-Q seb-20260404x10q.htm View →
May 5, 2026 8-K seb-20260505x8k.htm View →
Apr 22, 2026 8-K seb-20260422x8k.htm View →
Mar 6, 2026 DEF 14A tmb-20260420xdef14a.htm View →
Feb 12, 2026 10-K seb-20251231x10k.htm View →

Frequently Asked Questions about SEB

What is the AI rating for SEB?

Seaboard Corp. /DE/ (SEB) has an AI grade of C with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SEB's key strengths?

Claude: Strong balance sheet with low debt-to-equity ratio (0.18x) and manageable leverage. Solid liquidity position with current ratio of 2.38x and quick ratio of 1.29x.

What are the risks of investing in SEB?

Claude: Critical: Negative operating cash flow (-$54M) despite positive net income signals earnings quality concerns or severe working capital issues. Critical: Negative free cash flow (-$150M) indicates unsustainable cash burn; company cannot self-fund operations and capital expenditures.

What is SEB's revenue and growth?

Seaboard Corp. /DE/ reported revenue of $2.4B.

Does SEB pay dividends?

Seaboard Corp. /DE/ pays dividends, with $2.0M distributed to shareholders in the trailing twelve months.

Where can I find SEB SEC filings?

Official SEC filings for Seaboard Corp. /DE/ (CIK: 0000088121) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SEB's EPS?

Seaboard Corp. /DE/ has a diluted EPS of $124.24.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is SEB's fundamental grade?

Based on our AI fundamental analysis in June 2026, Seaboard Corp. /DE/ has a C grade with 72% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is SEB stock overvalued or undervalued?

Valuation metrics for SEB: ROE of 2.2% (sector avg: 15%), net margin of 5.0% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is SEB's AI grade for 2026?

Our dual AI analysis gives Seaboard Corp. /DE/ a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is SEB's free cash flow?

Seaboard Corp. /DE/'s operating cash flow is $-54.0M, with capital expenditures of $96.0M. FCF margin is -6.3%.

How does SEB compare to other Market stocks?

Vs Default sector averages: Net margin 5.0% (avg: 12%), ROE 2.2% (avg: 15%), current ratio 2.38 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-04-04 | Powered by Claude AI