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SEABOARD CORP（SEB）与西部数据（WDC）财务数据对比。点击上方公司名可切换其他公司
西部数据的季度营收约是SEABOARD CORP的1.3倍（$3.0B vs $2.4B），西部数据净利率更高（61.1% vs 10.6%，领先50.5%），西部数据同比增速更快（31.5% vs -2.9%），过去两年SEABOARD CORP的营收复合增速更高（4.9% vs -6.6%）
Seaboard Corporation是一家多元化跨国农业综合及运输集团，业务覆盖多个垂直整合领域。美国本土核心业务包括生猪养殖加工与远洋运输，海外板块主营大宗商品贸易、谷物加工、食糖生产及发电，总部位于堪萨斯州梅里亚姆。
西部数据（简称WD）是总部位于美国加利福尼亚州圣何塞的知名数据存储企业，成立于1970年，是全球最大的硬盘驱动器（HDD）制造商之一，产品覆盖消费级、企业级等多元存储场景，为全球客户提供高性能、高可靠性的存储解决方案。
SEB vs WDC — 直观对比
营收规模更大
WDC
是对方的1.3倍
$2.4B
营收增速更快
WDC
高出34.4%
-2.9%
净利率更高
WDC
高出50.5%
10.6%
两年增速更快
SEB
近两年复合增速
-6.6%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $3.0B |
| 净利润 | $255.0M | $1.8B |
| 毛利率 | 7.9% | 45.7% |
| 营业利润率 | 2.7% | 30.1% |
| 净利率 | 10.6% | 61.1% |
| 营收同比 | -2.9% | 31.5% |
| 净利润同比 | 63.5% | 254.2% |
| 每股收益（稀释后） | $262.58 | $4.73 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收SEBWDC
| Q1 26 | — | $3.0B | ||
| Q4 25 | $2.4B | $2.8B | ||
| Q3 25 | $2.5B | — | ||
| Q2 25 | $2.5B | $-1.2B | ||
| Q1 25 | $2.3B | $2.3B | ||
| Q4 24 | $2.5B | $4.3B | ||
| Q3 24 | $2.2B | $4.1B | ||
| Q2 24 | $2.2B | $3.8B |
净利润SEBWDC
| Q1 26 | — | $1.8B | ||
| Q4 25 | $255.0M | $1.2B | ||
| Q3 25 | $110.0M | — | ||
| Q2 25 | $104.0M | $282.0M | ||
| Q1 25 | $32.0M | $520.0M | ||
| Q4 24 | $156.0M | $594.0M | ||
| Q3 24 | $-149.0M | $493.0M | ||
| Q2 24 | $61.0M | $39.0M |
毛利率SEBWDC
| Q1 26 | — | 45.7% | ||
| Q4 25 | 7.9% | 43.5% | ||
| Q3 25 | 7.8% | — | ||
| Q2 25 | 6.5% | — | ||
| Q1 25 | 6.1% | 39.8% | ||
| Q4 24 | 9.0% | 35.4% | ||
| Q3 24 | 6.2% | 37.9% | ||
| Q2 24 | 5.8% | 35.9% |
营业利润率SEBWDC
| Q1 26 | — | 30.1% | ||
| Q4 25 | 2.7% | 28.1% | ||
| Q3 25 | 3.3% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | 1.6% | 33.1% | ||
| Q4 24 | 4.6% | 19.9% | ||
| Q3 24 | 1.4% | 18.1% | ||
| Q2 24 | 1.4% | 5.7% |
净利率SEBWDC
| Q1 26 | — | 61.1% | ||
| Q4 25 | 10.6% | 41.9% | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | 4.2% | -24.4% | ||
| Q1 25 | 1.4% | 22.7% | ||
| Q4 24 | 6.3% | 13.9% | ||
| Q3 24 | -6.7% | 12.0% | ||
| Q2 24 | 2.8% | 1.0% |
每股收益（稀释后）SEBWDC
| Q1 26 | — | $4.73 | ||
| Q4 25 | $262.58 | $3.07 | ||
| Q3 25 | $113.71 | — | ||
| Q2 25 | $105.22 | $0.72 | ||
| Q1 25 | $32.95 | $1.42 | ||
| Q4 24 | $158.58 | $1.63 | ||
| Q3 24 | $-153.44 | $1.35 | ||
| Q2 24 | $62.82 | $0.15 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.2B | $2.0B |
| 总债务越低越好 | — | $4.7B |
| 股东权益账面价值 | $5.2B | $7.1B |
| 总资产 | $8.2B | $15.6B |
| 负债/权益比越低杠杆越低 | — | 0.65× |
8季度趋势，按日历期对齐
现金及短期投资SEBWDC
| Q1 26 | — | $2.0B | ||
| Q4 25 | $1.2B | $2.0B | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.1B | $2.1B | ||
| Q1 25 | $1.1B | $3.5B | ||
| Q4 24 | $1.2B | $2.3B | ||
| Q3 24 | $1.2B | $1.7B | ||
| Q2 24 | $1.2B | $1.9B |
总债务SEBWDC
| Q1 26 | — | $4.7B | ||
| Q4 25 | — | $4.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $4.7B | ||
| Q1 25 | — | $7.3B | ||
| Q4 24 | — | $7.4B | ||
| Q3 24 | — | $7.4B | ||
| Q2 24 | — | $7.4B |
股东权益SEBWDC
| Q1 26 | — | $7.1B | ||
| Q4 25 | $5.2B | $5.9B | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $4.8B | $5.3B | ||
| Q1 25 | $4.7B | $5.2B | ||
| Q4 24 | $4.7B | $12.1B | ||
| Q3 24 | $4.5B | $11.6B | ||
| Q2 24 | $4.7B | $10.8B |
总资产SEBWDC
| Q1 26 | — | $15.6B | ||
| Q4 25 | $8.2B | $14.4B | ||
| Q3 25 | $8.0B | — | ||
| Q2 25 | $7.9B | $14.0B | ||
| Q1 25 | $7.6B | $16.4B | ||
| Q4 24 | $7.7B | $25.5B | ||
| Q3 24 | $7.5B | $24.8B | ||
| Q2 24 | $7.7B | $24.2B |
负债/权益比SEBWDC
| Q1 26 | — | 0.65× | ||
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.89× | ||
| Q1 25 | — | 1.42× | ||
| Q4 24 | — | 0.61× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.69× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $188.0M | — |
| 自由现金流经营现金流 - 资本支出 | $53.0M | — |
| 自由现金流率自由现金流/营收 | 2.2% | — |
| 资本支出强度资本支出/营收 | 5.6% | — |
| 现金转化率经营现金流/净利润 | 0.74× | — |
| 过去12个月自由现金流最近4个季度 | $6.0M | — |
8季度趋势，按日历期对齐
经营现金流SEBWDC
| Q1 26 | — | — | ||
| Q4 25 | $188.0M | $672.0M | ||
| Q3 25 | $319.0M | — | ||
| Q2 25 | $81.0M | $746.0M | ||
| Q1 25 | $-20.0M | $508.0M | ||
| Q4 24 | $300.0M | $403.0M | ||
| Q3 24 | $194.0M | $34.0M | ||
| Q2 24 | $6.0M | $366.0M |
自由现金流SEBWDC
| Q1 26 | — | — | ||
| Q4 25 | $53.0M | $599.0M | ||
| Q3 25 | $152.0M | — | ||
| Q2 25 | $-70.0M | $675.0M | ||
| Q1 25 | $-129.0M | $379.0M | ||
| Q4 24 | $162.0M | $287.0M | ||
| Q3 24 | $58.0M | $-62.0M | ||
| Q2 24 | $-127.0M | $250.0M |
自由现金流率SEBWDC
| Q1 26 | — | — | ||
| Q4 25 | 2.2% | 21.3% | ||
| Q3 25 | 6.0% | — | ||
| Q2 25 | -2.8% | -58.5% | ||
| Q1 25 | -5.6% | 16.5% | ||
| Q4 24 | 6.5% | 6.7% | ||
| Q3 24 | 2.6% | -1.5% | ||
| Q2 24 | -5.7% | 6.6% |
资本支出强度SEBWDC
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | 2.6% | ||
| Q3 25 | 6.6% | — | ||
| Q2 25 | 6.1% | -6.2% | ||
| Q1 25 | 4.7% | 5.6% | ||
| Q4 24 | 5.6% | 2.7% | ||
| Q3 24 | 6.1% | 2.3% | ||
| Q2 24 | 6.0% | 3.1% |
现金转化率SEBWDC
| Q1 26 | — | — | ||
| Q4 25 | 0.74× | 0.57× | ||
| Q3 25 | 2.90× | — | ||
| Q2 25 | 0.78× | 2.65× | ||
| Q1 25 | -0.63× | 0.98× | ||
| Q4 24 | 1.92× | 0.68× | ||
| Q3 24 | — | 0.07× | ||
| Q2 24 | 0.10× | 9.38× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
SEB
| Commodity Trading And Milling | $1.3B | 52% |
| Pork Segment | $469.0M | 19% |
| Marine | $444.0M | 18% |
| Other | $108.0M | 4% |
| Energy Service | $56.0M | 2% |
| Product And Service Other Services | $15.0M | 1% |
| Transportation | $6.0M | 0% |
WDC
| Cloud | $2.7B | 89% |
| Client Devices | $176.0M | 6% |
| Consumer | $168.0M | 6% |
