Stepan Company logo SCL - Stepan Company

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| PRICE TARGET: $75.00 DETAILS
HIGH: $75.00
LOW: $75.00
MEDIAN: $75.00
CONSENSUS: $75.00
UPSIDE: 44.04%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 2,332.1 2,180.3 2,325.8 2,773.3 2,346.0 1,869.8 1,858.7 1,993.9 1,925.0 1,766.2 1,776.2 1,927.2 1,880.8 1,803.7 1,843.1 1,431.1 1,276.4 1,600.1 1,329.9 1,172.6 1,078.4 935.8 784.9 748.5 711.5 698.9 666.8 610.5 581.9 536.6 528.2 443.9 438.8
Cost of Revenue 2,062.2 1,908.1 2,048.2 2,346.2 1,950.2 1,486.1 1,519.0 1,652.4 1,586.7 1,427.6 1,467.9 1,677.7 1,599.1 1,512.2 1,587.5 1,195.1 1,043.3 1,430.6 1,188.5 1,046.8 955.5 824.8 681.1 626.0 604.3 547.6 506.3 461.6 442.5 408.3 400.4 333.9 331.1
Gross Profit 269.9 272.2 277.6 427.1 395.8 383.6 339.7 341.5 338.3 338.5 308.2 249.6 281.7 291.6 255.6 236.0 233.1 169.5 141.4 125.8 122.9 111.0 103.7 122.5 107.2 151.3 160.5 148.9 139.4 128.3 127.8 110 107.7
Operating Expenses
R&D Expenses 59.3 55.7 59.0 66.6 62.7 58.0 55.0 54.3 53.9 56.1 50.2 45.5 46.8 45.7 40.5 38.3 36.5 34.4 31.5 29.6 29.6 26.0 24.7 24.9 22.9 22.7 22.6 21 20.4 19.7 18.5 17.4 0
SG&A Expenses 139.6 143.9 141.6 161.2 152.1 142.9 139.5 135.6 129.7 131.8 131.6 121.3 115.2 117.1 96.6 89.8 91.7 82.8 75.6 80.3 67.8 65.8 69.2 63.7 53.5 57.3 56.6 45.2 39.4 36.1 46.1 34.1 52.8
Other Expenses 1.7 2.2 18.4 (8.1) 10.2 11.2 17.9 (0.7) 3.3 0.8 1.6 1.3 2.2 1.3 0 0 0 0 3.5 0 0 0 0 0 0 39.3 39.5 37.3 35.3 32.1 30.4 28.9 27.7
Operating Expenses 200.5 201.7 219.0 219.7 225.0 212.1 212.5 187.5 191.3 205.3 188.3 154.9 171.5 162.8 137.1 128.1 128.2 117.3 110.5 109.9 97.4 91.8 93.9 88.6 76.4 119.3 118.7 103.5 95.1 87.9 95 80.4 80.5
Operating Income
Operating Income 69.4 70.5 58.6 207.3 170.8 171.5 127.3 151.4 154.8 126.2 122.8 90.7 109.2 128.7 118.5 107.9 104.9 70.7 35.1 15.9 25.5 19.2 9.8 33.9 30.8 32.0 41.8 45.4 44.3 40.4 32.8 29.6 27.2
Interest Expense 26.2 19.5 15.9 10.9 7.0 7.6 11.6 12.6 13.5 14.5 14.8 11.7 10.4 9.7 9.5 6.8 6.3 9.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 4.1 5.3 3.8 1.1 1.3 2.2 5.7 1.8 2.1 1.2 0.2 0.3 0.1 0.1 0.4 0.4 0 0.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 212.2 192.1 169.7 294.2 270.4 260.5 216.2 231.8 239.4 203.2 186.9 151.0 162.4 176.7 161.4 148.6 140.9 101.6 68.1 54.2 64.2 58.3 51.2 74.0 70.8 71.3 81.3 82.7 79.6 72.5 63.2 58.5 54.9
EBIT 86.1 79.9 64.3 199.6 179.5 178.6 137.5 150.6 160.4 128.3 117.6 87.2 106.0 125.4 114.3 108.3 103.4 64.4 30.9 15.9 25.5 19.2 9.8 33.9 31.2 32.0 41.8 45.4 44.3 40.4 32.8 29.6 27.2
Income Before Tax 59.9 60.4 48.4 188.7 172.5 171.1 125.9 137.8 139.2 113.8 102.9 75.5 95.6 115.7 104.9 101.5 97.1 54.9 23.7 7.4 17.6 14.6 5.3 30.3 25.9 24.4 34.8 38.8 34.9 32.3 25 22.5 19.6
Income Tax Expense 13.0 10.1 8.2 41.5 34.6 43.4 22.8 26.7 47.7 27.6 26.8 18.5 23.3 36.0 32.3 35.9 34.0 17.6 8.7 0.9 4.2 4.3 0.4 10.1 9.7 9.4 12.7 15.3 14.5 13.2 8.9 8.7 8.8
Net Income 46.9 50.4 40.2 147.2 137.8 126.8 103.1 112.8 91.6 86.2 76.0 57.1 72.8 79.4 72.0 65.4 63.0 37.2 15.1 6.7 13.2 10.3 4.9 20.1 16.1 15.0 22.1 23.5 20.4 19.1 16.1 13.8 10.8
Per Share Data
EPS (Basic) 2.05 2.21 1.77 6.46 6.01 5.52 4.47 4.90 4.39 3.78 3.34 2.51 3.22 3.71 3.44 3.18 3.16 1.91 0.77 0.32 0.69 0.53 0.23 1.09 0.87 0.84 1.18 1.24 0.99 0.90 0.76 0.65 0.49
EPS (Diluted) 2.05 2.20 1.75 6.38 5.92 5.45 4.42 4.83 4.31 3.73 3.32 2.49 3.18 3.49 3.21 2.95 2.92 1.76 0.75 0.32 0.68 0.53 0.23 1.02 0.83 0.77 1.11 1.11 0.93 0.86 0.73 0.63 0.48
Shares Outstanding 22.9 22.9 22.8 22.8 22.9 22.9 23.1 23.0 22.9 22.8 22.7 22.8 22.6 21.3 20.7 20.3 19.7 19.1 18.6 18.3 18.0 17.9 17.8 17.7 17.7 17.9 18.5 19.0 20.7 21.2 20.0 19.8 19.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 132.7 99.7 129.8 173.8 159.2 349.9 315.4 300.2 298.9 225.7 98.5 8.3 6.3 4.2 3.2 4.2 3.5 4 1 5.5 4.8 3.1 2.5 1.5
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 388.0 388.0 422.1 436.9 419.5 301.3 276.8 280.0 293.5 263.4 157.1 188.4 136.0 113.4 99.2 103.2 98.5 97.1 81.9 81 85 79.8 70.4 57.3
Inventory 298.8 288.7 265.6 402.5 305.5 218.8 203.6 200.2 172.7 173.7 74.7 103.2 76.2 70.5 68.0 59.3 60.1 51.8 52.5 49 50.2 54.4 45.5 48.9
Other Current Assets 39.5 34.0 34.5 31.6 29.1 35.6 22.9 22.1 23.6 22.7 19.3 28.5 17.1 16.3 14.7 14.0 15.1 13.8 14.4 11 13.7 12.9 11 11.5
Total Current Assets 859.0 810.4 851.9 1,044.8 913.4 905.7 818.8 802.5 788.7 685.5 349.6 328.4 235.5 204.5 185.1 180.8 177.2 166.7 149.8 146.5 153.7 150.2 129.4 119.2
Non-Current Assets
Property, Plant & Equipment 1,282.1 1,269.9 1,277.3 1,073.3 850.6 682.7 677.7 608.9 598.4 582.7 248.6 238.2 208.9 210.7 211.1 211.4 199.1 209.5 215.1 206.6 207.2 192.5 183.7 168.9
Goodwill 92.6 91.4 97.4 95.9 97.2 28.0 26.1 23.0 25.1 25.3 4.5 4.4 7.8 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 39.5 42.7 52.6 58.0 60.8 24.1 15.4 14.2 18.5 22.3 4.9 6.3 10.6 19.6 20.1 19.4 0 0 0 0 0 0 0 0
Long-Term Investments 21.3 25.6 26.8 23.3 34.5 30.7 28.2 25.1 28.3 24.1 10.5 11.4 (7.4) (8.1) (7.8) 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 19.5 64.7 57.3 127.7 301.6 164.0 7.3 (7.7) 0.8 85.6 7.0 12.7 30.1 29.5 23.4 27.1 38.7 38.4 39.5 21.8 20.1 19.8 11.8 12.4
Total Non-Current Assets 1,498.7 1,494.2 1,511.5 1,388.4 1,152.2 846.7 760.6 682.1 682.1 668.3 284.6 283.5 257.3 259.8 254.6 258.0 237.8 247.9 254.6 228.4 227.3 212.3 195.5 181.3
Total Assets 2,357.7 2,304.6 2,363.4 2,433.2 2,065.6 1,752.3 1,579.4 1,484.7 1,470.9 1,353.9 634.2 611.9 492.8 464.2 439.7 438.8 415.0 414.6 404.4 374.9 381 362.5 324.9 300.5
Current Liabilities
Account Payables 261.7 258.8 233.0 375.7 323.4 236.8 194.3 206.0 205.0 158.3 94.7 117.2 98.3 74.1 51.5 62.4 57.3 48.7 44 42.9 43.4 42.5 37.9 34.8
Short-Term Debt 300.7 292.8 252.9 132.1 40.7 37.9 32.3 37.1 22.5 28.2 10.2 38.3 18.0 23.7 13.4 10.7 9.6 7.7 6.8 6 7 6.9 8 7.4
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 57.7 0 0 0 0 0 54.6 0 0 0 0 0 0 0 0 0 2.4 41.6 37.1 33.8 33 37.5 34.6 28.4
Total Current Liabilities 666.5 669.0 607.9 670.6 500.5 416.6 339.1 338.6 320.3 297.3 163.3 212.1 157.6 132.9 105.0 108.2 108.3 98 87.9 82.7 83.4 86.9 80.5 70.6
Non-Current Liabilities
Long-Term Debt 341.0 332.6 401.2 455.0 322.9 160.8 198.5 239.0 268.3 288.9 93.9 104.7 94.0 92.0 104.3 109.6 96.5 107.4 107.7 94.9 102.6 109 89.8 89.7
Deferred Tax Liabilities 11.4 9.6 10.4 10.2 12.5 20.7 23.4 18.7 11.0 12.5 2.8 2.1 7.8 14.6 20.1 28.6 39.2 42 39.9 32.3 36 36.5 33 36
Other Non-Current Liabilities 43.2 61.6 62.7 71.9 88.9 103.0 95.3 102.6 128.9 117.5 83.7 83.7 64.2 62.6 51.5 38.1 16.9 12.1 21 27.4 27.4 7.5 10.3 0
Total Non-Current Liabilities 447.2 465.7 539.0 596.5 490.9 347.4 347.8 361.6 409.7 420.7 180.5 190.5 166.0 169.2 175.8 176.2 152.5 161.5 168.6 154.6 166 153 133.1 125.7
Total Liabilities 1,113.7 1,134.7 1,146.9 1,267.1 991.4 764.0 686.9 700.1 729.9 718.0 343.8 402.7 323.6 302.1 280.8 284.4 260.9 259.5 256.5 237.3 249.4 239.9 213.6 196.3
Stockholders' Equity
Common Stock 27.3 27.2 27.0 26.8 26.8 26.7 26.5 26.3 26.1 25.9 11.2 10.8 10.0 9.9 9.7 9.6 9.4 9.7 0 0 0 0 0 0
Retained Earnings 1,285.8 1,273.9 1,257.5 1,250.1 1,133.5 1,023.8 922.5 813.4 721.7 649.1 251.0 197.5 157.4 154.8 157.4 144.7 133.3 134.2 127.5 120.9 106.5 93.3 82.4 82.5
Accumulated Other Comprehensive Income (139.0) (196.8) (130.6) (167.5) (153.2) (136.9) (136.2) (141.5) (99.6) (127.5) (25.9) (40.5) (16.5) (19.6) (25.1) (15.9) (12.4) (10.6) (353.5) (321.1) (290.7) (261.6) (234) (208.6)
Total Stockholders' Equity 1,244.0 1,169.9 1,216.5 1,166.1 1,074.2 986.7 891.8 783.8 740.1 634.6 289.3 208.1 168.2 162.1 158.8 154.4 154.2 155.1 147.9 137.6 131.6 122.6 111.3 104.2
Total Liabilities & Equity 2,357.7 2,304.6 2,363.4 2,433.2 2,065.6 1,752.3 1,579.4 1,484.7 1,470.9 1,353.9 634.2 611.9 492.8 464.2 439.7 438.8 415.0 414.6 404.4 374.9 381 362.5 324.9 300.5
Debt Metrics
Total Debt 691.0 682.8 712.2 637.7 420.2 250.2 260.5 276.1 290.8 317.0 104.1 143.0 112.0 115.7 117.7 120.3 106.1 115.1 114.5 100.9 109.6 115.9 97.8 97.1
Net Debt 558.4 583.2 582.3 463.9 261.1 (99.7) (54.9) (61.2) (30.6) 63.1 5.6 134.7 105.7 111.4 114.5 116.1 102.5 111.1 113.5 95.4 104.8 112.8 95.3 95.6
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 46.9 50.4 40.2 147.2 137.9 127.7 103.1 112.8 91.5 86.2 13.2 10.3 4.9 20.1 16.1 15.0 22.1 23.5 20.4 19.1 16.1 13.8 10.8
Depreciation & Amortization 126.0 112.2 105.3 94.7 90.9 81.9 78.7 81.1 79.0 75.0 38.8 39.2 41.4 40.1 40.0 39.3 39.5 37.3 35.3 32.1 30.4 28.9 27.7
Stock-Based Compensation 2.2 5.3 5.7 13.9 11.7 10.1 8.9 6.8 7.2 12.6 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (22.0) 2.8 (1.9) (69.0) (141.5) 10.2 19.3 (45.7) 15.1 22.8 (6.9) (0.2) 5.1 (12.1) (0.6) 1.4 (4.5) 1.4 4.9 (2.2) (10.4) (5.5) (6.1)
Other Non-Cash Items (3.8) 1.6 7.2 1.5 6.8 9.9 13.4 5.3 5.5 24.0 2.4 (1.1) 1.5 (1.5) 0.5 1.7 (10.2) (7.6) 1.9 18.5 (3.5) 13.4 0.2
Operating Cash Flow 147.9 162.1 174.9 160.8 72.1 235.2 218.4 171.1 198.9 212.2 42.1 43.9 45.6 46.1 53.4 53.5 50.6 58.8 62.9 65.8 35 51 35.3
Investing Activities
Capital Expenditure (122.5) (122.8) (260.3) (301.6) (194.5) (125.8) (105.6) (86.6) (78.6) (103.1) (41.5) (33.8) (32.9) (36.1) (34.0) (28.4) (33.2) (44.1) (35.6) (44.9) (39.2) (42.9) (25.4)
Acquisitions 26.6 0 0 (9.7) (184.5) (13.5) (9) (22.9) (4.3) (23.5) 0 0 0 (2.2) (24.6) 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (5) 0 (7.5) (2.3) 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 6.9 5.8 1.7 3.2 2.1 0.3 1.9 1.7 0.3 (3.9) (0.0) 5.7 (1.3) 2.8 1.9 (1.1) (0.5) (19.6) 0.4 (3.6) (0.1) (0.7) (2.4)
Investing Cash Flow (89.0) (116.9) (258.7) (308.1) (376.8) (139.0) (112.7) (107.8) (82.7) (130.5) (41.6) (28.1) (34.2) (35.5) (56.8) (29.6) (33.7) (63.7) (40.2) (48.5) (46.8) (45.9) (27.8)
Financing Activities
Net Debt Issuance 1.2 (28.7) 66.9 223.7 165.0 (23.6) (53.9) (14.7) (26.7) (13.8) 17.5 (6.7) (2.0) (2.6) 14.3 (9.0) 0.6 13.5 (8.5) (6.3) 18.2 1.8 (3.3)
Stock Repurchased 0 0 0 (24.9) (17.0) (15.3) (13.2) (15.5) (6) (2.4) 0 (0.0) (2.7) (2.0) (4.6) (8.7) (8.3) (8.4) (8.9) (3.5) (0.1) (0.3) (0.2)
Dividends Paid (35.0) (34.0) (32.9) (30.6) (28.1) (25.4) (23.1) (20.9) (18.9) (17.3) (7.9) (7.7) (7.6) (7.3) (7.3) (7.0) (6.7) (6.4) (6.1) (5.8) (5.5) (5.3) (5.1)
Other Financing Activities (1.8) (3.0) (3.5) (2.0) (2.6) (0.7) (0.3) (0.6) 1.1 3.7 (0.4) (0.3) (0.0) (0.5) (1.3) (1.0) (0.6) (0.9) (0.7) 0 (0.1) (0.4) (0.3)
Financing Cash Flow (35.4) (64.5) 33.3 166.2 117.3 (64.9) (90.5) (51.6) (50.5) (29.8) 9.8 (14.1) (10.1) (9.9) 4.2 (24.4) (13.9) 0.3 (21.9) (15.6) 12.5 (4.2) (8.9)
Cash Position
Net Change in Cash 33.0 (30.2) (43.9) 14.6 (190.8) 34.6 15.2 1.3 73.2 49.6 10.4 2.0 1.0 (1.0) 0.7 (0.4) 3 0.3 (21.9) (15.6) 12.5 0.9 (8.9)
Cash at Beginning 99.7 129.8 173.8 159.2 349.9 315.4 300.2 298.9 225.7 176.1 6.3 4.2 3.2 4.2 3.5 4.0 1 5.5 4.8 3.1 2.5 1.5 2.9
Cash at End 132.7 99.7 129.8 173.8 159.2 349.9 315.4 300.2 298.9 225.7 16.6 6.3 4.2 3.2 4.2 3.5 4 5.8 (17.1) (12.5) 15 2.4 (6)
Free Cash Flow 25.4 39.3 (85.5) (140.8) (122.3) 109.4 112.9 84.5 120.2 109.1 0.6 10.1 12.7 9.9 19.4 25.1 17.4 14.7 27.3 20.9 (4.2) 8.1 9.9
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 2,332.1 2,180.3 2,325.8 2,773.3 2,346.0 1,869.8 1,858.7 1,993.9 1,925.0 1,766.2 1,776.2 1,927.2 1,880.8 1,803.7 1,843.1 1,431.1 1,276.4 1,600.1 1,329.9 1,172.6 1,078.4 935.8 784.9 748.5 711.5 698.9 666.8 610.5 581.9 536.6 528.2 443.9 438.8
Gross Profit 269.9 272.2 277.6 427.1 395.8 383.6 339.7 341.5 338.3 338.5 308.2 249.6 281.7 291.6 255.6 236.0 233.1 169.5 141.4 125.8 122.9 111.0 103.7 122.5 107.2 151.3 160.5 148.9 139.4 128.3 127.8 110 107.7
Operating Income 69.4 70.5 58.6 207.3 170.8 171.5 127.3 151.4 154.8 126.2 122.8 90.7 109.2 128.7 118.5 107.9 104.9 70.7 35.1 15.9 25.5 19.2 9.8 33.9 30.8 32.0 41.8 45.4 44.3 40.4 32.8 29.6 27.2
Net Income 46.9 50.4 40.2 147.2 137.8 126.8 103.1 112.8 91.6 86.2 76.0 57.1 72.8 79.4 72.0 65.4 63.0 37.2 15.1 6.7 13.2 10.3 4.9 20.1 16.1 15.0 22.1 23.5 20.4 19.1 16.1 13.8 10.8
EPS (Diluted) 2.05 2.20 1.75 6.38 5.92 5.45 4.42 4.83 4.31 3.73 3.32 2.49 3.18 3.49 3.21 2.95 2.92 1.76 0.75 0.32 0.68 0.53 0.23 1.02 0.83 0.77 1.11 1.11 0.93 0.86 0.73 0.63 0.48
Balance Sheet
Cash & Equivalents 132.7 99.7 129.8 173.8 159.2 349.9 315.4 300.2 298.9 225.7 98.5 8.3 6.3 4.2 3.2 4.2 3.5 4 1 5.5 4.8 3.1 2.5 1.5
Total Assets 2,357.7 2,304.6 2,363.4 2,433.2 2,065.6 1,752.3 1,579.4 1,484.7 1,470.9 1,353.9 634.2 611.9 492.8 464.2 439.7 438.8 415.0 414.6 404.4 374.9 381 362.5 324.9 300.5
Total Debt 691.0 682.8 712.2 637.7 420.2 250.2 260.5 276.1 290.8 317.0 104.1 143.0 112.0 115.7 117.7 120.3 106.1 115.1 114.5 100.9 109.6 115.9 97.8 97.1
Stockholders' Equity 1,244.0 1,169.9 1,216.5 1,166.1 1,074.2 986.7 891.8 783.8 740.1 634.6 289.3 208.1 168.2 162.1 158.8 154.4 154.2 155.1 147.9 137.6 131.6 122.6 111.3 104.2
Cash Flow
Operating Cash Flow 147.9 162.1 174.9 160.8 72.1 235.2 218.4 171.1 198.9 212.2 42.1 43.9 45.6 46.1 53.4 53.5 50.6 58.8 62.9 65.8 35 51 35.3
Capital Expenditure (122.5) (122.8) (260.3) (301.6) (194.5) (125.8) (105.6) (86.6) (78.6) (103.1) (41.5) (33.8) (32.9) (36.1) (34.0) (28.4) (33.2) (44.1) (35.6) (44.9) (39.2) (42.9) (25.4)
Free Cash Flow 25.4 39.3 (85.5) (140.8) (122.3) 109.4 112.9 84.5 120.2 109.1 0.6 10.1 12.7 9.9 19.4 25.1 17.4 14.7 27.3 20.9 (4.2) 8.1 9.9