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Side-by-side financial comparison of Digital Realty (DLR) and SEABOARD CORP (SEB). Click either name above to swap in a different company.

SEABOARD CORP is the larger business by last-quarter revenue ($2.4B vs $1.6B, roughly 1.5× Digital Realty). SEABOARD CORP runs the higher net margin — 10.6% vs 6.0%, a 4.5% gap on every dollar of revenue. On growth, Digital Realty posted the faster year-over-year revenue change (16.1% vs -2.9%). Over the past eight quarters, Digital Realty's revenue compounded faster (9.8% CAGR vs 4.9%).

Digital Realty is a real estate investment trust that owns, operates and invests in carrier-neutral data centers across the world. The company offers data center, colocation, and interconnection services.

Seaboard Corporation is a diverse multinational agribusiness and transportation conglomerate with integrated operations in several industries. In the United States, the company mainly engages in pork production and processing and ocean transportation. Internationally, Seaboard is primarily engaged in commodity merchandising, grain processing, sugar production and electrical power generation. The parent company, Seaboard Corporation is based in the Kansas City suburb of Merriam, Kansas. Its su...

DLR vs SEB — Head-to-Head

Bigger by revenue
SEB
SEB
1.5× larger
SEB
$2.4B
$1.6B
DLR
Growing faster (revenue YoY)
DLR
DLR
+19.0% gap
DLR
16.1%
-2.9%
SEB
Higher net margin
SEB
SEB
4.5% more per $
SEB
10.6%
6.0%
DLR
Faster 2-yr revenue CAGR
DLR
DLR
Annualised
DLR
9.8%
4.9%
SEB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DLR
DLR
SEB
SEB
Revenue
$1.6B
$2.4B
Net Profit
$98.6M
$255.0M
Gross Margin
7.9%
Operating Margin
6.9%
2.7%
Net Margin
6.0%
10.6%
Revenue YoY
16.1%
-2.9%
Net Profit YoY
-10.3%
63.5%
EPS (diluted)
$0.22
$262.58

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DLR
DLR
SEB
SEB
Q1 26
$1.6B
Q4 25
$1.6B
$2.4B
Q3 25
$1.6B
$2.5B
Q2 25
$1.5B
$2.5B
Q1 25
$1.4B
$2.3B
Q4 24
$1.4B
$2.5B
Q3 24
$1.4B
$2.2B
Q2 24
$1.4B
$2.2B
Net Profit
DLR
DLR
SEB
SEB
Q1 26
$98.6M
Q4 25
$98.6M
$255.0M
Q3 25
$67.8M
$110.0M
Q2 25
$1.0B
$104.0M
Q1 25
$110.0M
$32.0M
Q4 24
$189.6M
$156.0M
Q3 24
$51.2M
$-149.0M
Q2 24
$80.2M
$61.0M
Gross Margin
DLR
DLR
SEB
SEB
Q1 26
Q4 25
7.9%
Q3 25
7.8%
Q2 25
6.5%
Q1 25
6.1%
Q4 24
9.0%
Q3 24
6.2%
Q2 24
5.8%
Operating Margin
DLR
DLR
SEB
SEB
Q1 26
6.9%
Q4 25
6.9%
2.7%
Q3 25
8.8%
3.3%
Q2 25
14.2%
2.1%
Q1 25
13.9%
1.6%
Q4 24
10.1%
4.6%
Q3 24
11.8%
1.4%
Q2 24
0.7%
1.4%
Net Margin
DLR
DLR
SEB
SEB
Q1 26
6.0%
Q4 25
6.0%
10.6%
Q3 25
4.3%
4.3%
Q2 25
69.1%
4.2%
Q1 25
7.8%
1.4%
Q4 24
13.2%
6.3%
Q3 24
3.6%
-6.7%
Q2 24
5.9%
2.8%
EPS (diluted)
DLR
DLR
SEB
SEB
Q1 26
$0.22
Q4 25
$0.22
$262.58
Q3 25
$0.15
$113.71
Q2 25
$2.94
$105.22
Q1 25
$0.27
$32.95
Q4 24
$0.50
$158.58
Q3 24
$0.09
$-153.44
Q2 24
$0.20
$62.82

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DLR
DLR
SEB
SEB
Cash + ST InvestmentsLiquidity on hand
$3.5B
$1.2B
Total DebtLower is stronger
Stockholders' EquityBook value
$22.9B
$5.2B
Total Assets
$49.4B
$8.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLR
DLR
SEB
SEB
Q1 26
$3.5B
Q4 25
$3.5B
$1.2B
Q3 25
$3.3B
$1.2B
Q2 25
$3.6B
$1.1B
Q1 25
$2.3B
$1.1B
Q4 24
$3.9B
$1.2B
Q3 24
$2.2B
$1.2B
Q2 24
$2.3B
$1.2B
Stockholders' Equity
DLR
DLR
SEB
SEB
Q1 26
$22.9B
Q4 25
$22.9B
$5.2B
Q3 25
$23.0B
$5.0B
Q2 25
$22.9B
$4.8B
Q1 25
$21.3B
$4.7B
Q4 24
$21.3B
$4.7B
Q3 24
$21.2B
$4.5B
Q2 24
$20.5B
$4.7B
Total Assets
DLR
DLR
SEB
SEB
Q1 26
$49.4B
Q4 25
$49.4B
$8.2B
Q3 25
$48.7B
$8.0B
Q2 25
$48.7B
$7.9B
Q1 25
$45.1B
$7.6B
Q4 24
$45.3B
$7.7B
Q3 24
$45.3B
$7.5B
Q2 24
$43.6B
$7.7B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DLR
DLR
SEB
SEB
Operating Cash FlowLast quarter
$188.0M
Free Cash FlowOCF − Capex
$53.0M
FCF MarginFCF / Revenue
2.2%
Capex IntensityCapex / Revenue
5.6%
Cash ConversionOCF / Net Profit
0.74×
TTM Free Cash FlowTrailing 4 quarters
$6.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLR
DLR
SEB
SEB
Q1 26
Q4 25
$719.0M
$188.0M
Q3 25
$652.9M
$319.0M
Q2 25
$641.2M
$81.0M
Q1 25
$399.1M
$-20.0M
Q4 24
$769.5M
$300.0M
Q3 24
$566.5M
$194.0M
Q2 24
$573.2M
$6.0M
Free Cash Flow
DLR
DLR
SEB
SEB
Q1 26
Q4 25
$53.0M
Q3 25
$152.0M
Q2 25
$-70.0M
Q1 25
$-129.0M
Q4 24
$162.0M
Q3 24
$58.0M
Q2 24
$-127.0M
FCF Margin
DLR
DLR
SEB
SEB
Q1 26
Q4 25
2.2%
Q3 25
6.0%
Q2 25
-2.8%
Q1 25
-5.6%
Q4 24
6.5%
Q3 24
2.6%
Q2 24
-5.7%
Capex Intensity
DLR
DLR
SEB
SEB
Q1 26
Q4 25
5.6%
Q3 25
6.6%
Q2 25
6.1%
Q1 25
4.7%
Q4 24
5.6%
Q3 24
6.1%
Q2 24
6.0%
Cash Conversion
DLR
DLR
SEB
SEB
Q1 26
Q4 25
7.29×
0.74×
Q3 25
9.63×
2.90×
Q2 25
0.62×
0.78×
Q1 25
3.63×
-0.63×
Q4 24
4.06×
1.92×
Q3 24
11.07×
Q2 24
7.15×
0.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DLR
DLR

Segment breakdown not available.

SEB
SEB

Commodity Trading And Milling$1.3B52%
Pork Segment$469.0M19%
Marine$444.0M18%
Other$108.0M4%
Energy Service$56.0M2%
Product And Service Other Services$15.0M1%
Transportation$6.0M0%

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