Campbell's vs Seaboard
Campbell's and Seaboard are similar in size: $9.74bn and $9.75bn of revenue in their latest fiscal years. Seaboard grew faster (7.1% against -5.0%). Seaboard kept more of each dollar of sales as profit: a net margin of 5.1% against 4.1%. Seaboard carries less debt relative to equity (27.5% against 185.4%).
| Latest fiscal year | Campbell'sCPB, 2026 | SeaboardSEB, 2025 |
|---|---|---|
| Revenue | $9.74bn | $9.75bn |
| Revenue growth | -5.0% | 7.1% |
| Net income | $403m | $496m |
| Operating margin | 8.7% | 2.5% |
| Net margin | 4.1% | 5.1% |
| Return on equity | 10.4% | 10.0% |
| Free cash flow | $678m | $6.0m |
| Cash | $394m | $178m |
| Total debt | $7.14bn | $1.44bn |
| Debt to equity | 185.4% | 27.5% |
| Dividend per share | $1.56 | $9.00 |
| Dividend yield | 7.0% | 0.3% |
| Share buybacks | $26.0m | $39.0m |
| Employees | 13,500 | 14,000 |
| Market value | $6.64bn | $3.30bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 62 (Moderate) | 41 (Weak) |
| Insider trades, 12 months | 1 buys, 2 sales | 0 buys, 0 sales |