Stepan $SCL Read from its own SEC filings · nothing written, nothing inferred
🫧 Edgar looked up STEPAN COMPANY ($SCL). Last filing: 8-K (1.01 Entry into a Material Definitive Agreement), 2026-09-28. 9 event filings (8-K) in the past twelve months.
🔖 Exposure: revenue $2.3B (FY2025), total debt $626.7M. Experience: revenue up 7.0% on the year, down 0.1% a year over 4 years; operating margin 3.4%, up from 3.2%. Soundness: equity 52.8% of assets, return on equity 3.8%, payout 74.7% of profit, dividend per share up 13 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.9B and $2.8B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $1.7B to $3.1B. A statistical range, not company guidance. Against peers (14 filers, $50M+ revenue, its industry group): operating margin 3.4% against a 4.2% median; growth 7.0% against 0.8%.
Gold paid out, navy kept. Kept share × return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.
Speed and cash · fiscal 2025
Both views must agree for a label · a description, not advice.
| Cash flow (op · inv · fin · free) | $148M · −$89M · −$35M · $25M |
| Investment book (cash · short · long) | $133M · — · $21M · current ratio 1.29 |
| Revenue swing · equity of assets | 15.0% · 52.8% |
Stepan is growing slower than its size class, with revenue that swings more. Its own audited SEC figures.
The figures, as filed
| Fiscal year end | 2025-12-31 |
| Revenue | $2.3B |
| Revenue, on the year | 7.0% |
| Revenue, a year over the record | −0.1% |
| Operating margin | 3.4% |
| Operating margin, prior year | 3.2% |
| Net margin | 2.0% |
| Research and development | $35M · 1.5% of revenue |
| Total debt | $627M |
| Equity of assets | 52.8% |
| Return on equity | 3.8% |
| Payout of profit | 74.7% |
| Dividend per share | $1.55 · up 13 years running |
| Earnings per share | $2.05 |
| Book value per share | $54.35 |
| Revenue per share | $101.88 |
| Shares outstanding | 22,890,000 |
| Audited years read | 5 |
Peers: the median of 14 filers with $50M+ revenue in soap, detergents, cleang preparations, perfumes, cosmetics.
Health HarborStepan sails as: Weathered boat
Health watch · 12 monthsRestructuring or exit costs ×2Director or officer change ×3
Sailing speed follows growth: -5.6% a year crosses the harbor in 97 seconds.
🌊 Visit the Bay →- filed restructuring or exit costs in the last 12 months
- slow and jumpy: growing slower than its size class, with revenue that swings more
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 8-K · 2026-09-28 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits
- 10-Q · 2026-08-05
- 8-K · 2026-07-29 · 2.02 Results of Operations and Financial Condition; 2.05 Costs Associated with Exit or Disposal Activities; 5.02 Departure or Election of Directors; Appointment of Officers; 8.01 Other Events; 9.01 Financial Statements and Exhibits
- 10-Q · 2026-05-06
- 8-K · 2026-04-30 · 5.07 Submission of Matters to a Vote of Security Holders
- 8-K · 2026-04-28 · 2.02 Results of Operations and Financial Condition; 8.01 Other Events; 9.01 Financial Statements and Exhibits
Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company