SCLNYSESoap, Detergents, Cleang Preparations, Perfumes, CosmeticsFiscal year ends December 31
STEPAN CO
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$62.41+0.38 (+0.61%)
Close on Oct 19, 2026
- Market cap
- $1.43B
- P/E (TTM)
- –
- Dividend yield
- 2.48%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
11.6%−8.9 pts over 5 years
Operating margin
3.4%−5.8 pts over 5 years
Net margin
2.0%−4.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +7.0% | -5.6% | +4.5% | +2.8% | |
| Gross profit | -0.9% | -14.2% | -6.8% | -1.3% | |
| Operating income | +11.4% | -27.6% | -14.5% | -4.4% | |
| Net income | -6.9% | -31.7% | -18.0% | -4.7% | |
| EPS, diluted | -6.8% | -31.5% | -17.8% | -4.7% | |
| Free cash flow | -35.4% | – | -25.3% | -8.9% | |
| Dividend per share | +2.6% | +4.2% | +6.5% | +7.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 14.5% | 13.5% | 3.9% | |
| Return on assets | 6.6% | 7.6% | 2.0% | |
| Current ratio | 2.31 | 2.17 | 1.29 | |
| Debt to equity | 0.50 | 0.20 | 0.50 | |
| Net debt to EBITDA | 0.45× | -0.60× | 2.41× | |
| Interest coverage | – | 17.4× | 2.6× | |
| Inventory turnover | 8.3× | 7.0× | 7.0× | |
| Capex to revenue | 5.8% | 6.7% | 5.3% | |
| Diluted shares | 23M | 23M | 23M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Stepan generated $717.71M from operations and spent $1.20B on capital expenditure, dividends and share buybacks. 83% of that went back into the business.
Generated
$717.71M
Used
$1.20B
Capital expenditure$1.00B83%Dividends$160.50M13%Share buybacks$41.92M3%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.0%
×Asset turnover1.00×
×Equity multiplier1.93×
=Return on equity, FY20253.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.0% | 1.00× | 1.93× | 3.9% |
| FY2024 | 2.3% | 0.93× | 1.96× | 4.2% |
| FY2023 | 1.7% | 0.97× | 2.01× | 3.4% |
| FY2022 | 5.3% | 1.23× | 2.01× | 13.1% |
| FY2021 | 5.9% | 1.23× | 1.85× | 13.4% |
| FY2020 | 6.8% | 1.12× | 1.77× | 13.5% |
| FY2019 | 5.5% | 1.20× | 1.82× | 12.1% |
| FY2018 | 5.6% | 1.32× | 1.95× | 14.4% |
| FY2017 | 5.2% | 1.35× | 2.08× | 14.7% |
| FY2016 | 4.9% | 1.36× | 2.18× | 14.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$46.90M
- Cash generatingOperating cash flow above zero$147.88M
- Return on assets improvedROA up on the prior year2.1% → 2.0%
- Earnings backed by cashOperating cash flow above net income$147.88M vs $46.90M
- Less leverageLong-term debt to assets fell14.4% → 14.5%
- Better liquidityCurrent ratio rose1.21 → 1.29
- No dilutionShare count did not rise23M → 23M
- Gross margin improvedGross margin up on the prior year12.49% → 11.57%
- More efficientAsset turnover rose0.92 → 1.01