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Seaboard (AMEX:SEB) Gross Profit

: $1,030 Mil (TTM As of Dec. 2022)
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Seaboard's gross profit for the three months ended in Dec. 2022 was $266 Mil. Seaboard's gross profit for the trailing twelve months (TTM) ended in Dec. 2022 was $1,030 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Seaboard's gross profit for the three months ended in Dec. 2022 was $266 Mil. Seaboard's Revenue for the three months ended in Dec. 2022 was $2,666 Mil. Therefore, Seaboard's Gross Margin % for the quarter that ended in Dec. 2022 was 9.98%.

Seaboard had a gross margin of 9.98% for the quarter that ended in Dec. 2022 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Seaboard was 10.47%. The lowest was 6.52%. And the median was 8.61%.


Seaboard Gross Profit Historical Data

The historical data trend for Seaboard's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Seaboard Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 550.00 446.00 574.00 818.00 1,030.00

Seaboard Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 187.00 236.00 281.00 247.00 266.00

Competitive Comparison

For the Conglomerates subindustry, Seaboard's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Seaboard Gross Profit Distribution

For the Conglomerates industry and Industrials sector, Seaboard's Gross Profit distribution charts can be found below:

* The bar in red indicates where Seaboard's Gross Profit falls in comparison to its industry or sector. The grey bar indicates the Gross Profit's extreme value range as defined by GuruFocus.



Seaboard Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Seaboard's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=11243 - 10213
=1,030

Seaboard's Gross Profit for the quarter that ended in Dec. 2022 is calculated as

Gross Profit (Q: Dec. 2022 )=Revenue - Cost of Goods Sold
=2666 - 2400
=266

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,030 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Seaboard's Gross Margin % for the quarter that ended in Dec. 2022 is calculated as

Gross Margin % (Q: Dec. 2022 )=Gross Profit (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=266 / 2666
=9.98 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Seaboard  (AMEX:SEB) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Seaboard had a gross margin of 9.98% for the quarter that ended in Dec. 2022 => No sustainable competitive advantage


Seaboard Gross Profit Related Terms

Thank you for viewing the detailed overview of Seaboard's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Seaboard (AMEX:SEB) Business Description

Seaboard logo
Traded in Other Exchanges
Address
9000 West 67th Street, Merriam, KS, USA, 66202
Seaboard Corp is a conglomerate of food production and transportation businesses. The group operates six business segments: pork, commodity trading and milling, marine, sugar and alcohol, power, and turkey. The group offers hog production and pork processing, biodiesel production, agriculture commodity trading, agriculture commodity processing and logistics, grain and feed milling, cargo shipping, sugarcane production, alcohol production, sugar refining, power production, turkey production and processing, and production of jalapeno peppers. The largest end markets by revenue are the Caribbean and Central and South America.
Executives
Frances B Shifman director 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Vacas Jacques Emma Alejandra officer: Assistant Treasurer 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
James T Hubler officer: Assoc. Gen Counsel & Asst. Sec 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Benjamin R Hodes officer: Vice President, Finance 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Elizabeth A Loudon officer: Vice President, Tax 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
John B Warner officer: Vice President-Human Resources 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Adriana N Hoskins officer: Vice President and Treasurer 9000 WEST 67TH STREET, MERRIAM KS 66202
Peter B Brown officer: Pres. & CEO, Seaboard Foods 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Jacob A. Bresky officer: Vice Pres-Business Development 9000 WEST 67TH STREET, 3RD FLOOR, SHAWNEE MISSION KS 66202
Ellen S. Bresky director, 10 percent owner 9000 WEST 67TH STREET, 3RD FLOOR, SHAWNEE MISSION KS 66202
Douglas W Baena director
Darwin E Sand officer: Pres. & CEO, Seaboard Foods 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Winfield Ivan J. Jr officer: VP-Information Technology 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Paul M. Squires director SEABOARD FLOUR, 1320 CENTRE STREET, SUITE 200, NEWTON CENTER MA 02459
Michael D. Trollinger officer: VP, Corporate Controller, CAO 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202

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