Seaboard Corporation has released its earnings for the first quarter of 2025, highlighting a strong start to the fiscal year with improved profitability and consistent shareholder returns.
For the three months ended March 29, 2025, Seaboard reported net sales of $2.316 billion, up from $2.191 billion in Q1 2024 — representing a 5.7% increase in revenue. This growth reflects strengthened operational execution across its business segments.
The company achieved an operating income of $38 million, reversing a $20 million operating loss from the same period last year. Net earnings attributable to Seaboard rose to $32 million, a 45.5% increase from the $22 million reported in Q1 2024. Earnings per share surged to $32.95, compared to $22.66 in the prior year, marking a 45.4% improvement.
Seaboard’s Board of Directors also announced a quarterly cash dividend of $2.25 per share, matching the previous year’s level. The dividend will be payable on May 19, 2025, to shareholders of record as of May 8, 2025.
The company’s financial performance in Q1 reflects a strong turnaround and operational momentum heading into the remainder of the year. With stable shares outstanding at 971,055, Seaboard continues to demonstrate financial discipline and shareholder value.
This report underscores Seaboard’s continued strength and its position as a key player in the protein and agribusiness sectors.
