Stepan Co (N:SCL)

Sector:  Basic Materials Industry:  Specialty Chemicals
 
See Regulatory Filings on SEC
Company Contact
Address: 1101 Skokie Boulevard, Suite 500
NORTHBROOK IL 60062
Tel: 1-847-4467500
Website: https://www.stepan.com
IR: See website
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Key People
Frank Quinn Stepan
Chairman of the Board
Scott R. Behrens
President, Chief Executive Officer, Director
Luis E. Rojo
Chief Financial Officer, Vice President
Sharon N. Purnell
Chief Human Resource Officer, Vice President
Robert J. Haire
Executive Vice President - Supply Chain
Jason Scott Keiper
Vice President, Chief Technology and Sustainability Officer
David G. Kabbes
Vice President, General Counsel, Secretary
Sean T. Moriarty
Vice President, General Manager - Surfactants
Richard F. Stepan
Vice President, General Manager - Polymers
Business Overview
Stepan Company is a producer and seller of specialty and intermediate chemicals that are used in a variety of end products. The Company operates through three segments: Surfactants, Polymers and Specialty Products. The Surfactants segment offers ingredients in consumer and industrial cleaning and disinfection products, such as detergents for washing clothes, dishes, carpets, floors and walls, as well as shampoos and body washes. Other applications include fabric softeners, germicidal quaternary compounds, disinfectants, lubricating ingredients, emulsifiers for spreading agricultural products and industrial applications. The Polymers segment includes polyurethane polyols, polyester resins and phthalic anhydride. Polyurethane polyols are used in the manufacture of rigid foam for thermal insulation in the construction industry. The Specialty products segment includes flavors, emulsifiers and solubilizers used in food, flavoring, nutritional supplement and pharmaceutical applications.
Financial Overview
For the fiscal year ended 31 December 2023, Stepan Co revenues decreased 16% to $2.33B. Net income decreased 73% to $40.2M. Revenues reflect Surfactants segment decrease of 15% to $1.6B, Polymers segment decrease of 19% to $642.5M, Specialty Products segment decrease of 21% to $80.5M, United States segment decrease of 17% to $1.31B, United Kingdom segment decrease of 24% to $174.6M, Brazil segment decrease of 29% to $124.7M.
Employees: 2,389 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $2,439M as of Dec 31, 2023
Annual revenue (TTM): $2,326M as of Dec 31, 2023
EBITDA (TTM): $177.96M as of Dec 31, 2023
Net annual income (TTM): $40.20M as of Dec 31, 2023
Free cash flow (TTM): -$118.33M as of Dec 31, 2023
Net Debt Last Fiscal Year: $524.32M as of Dec 31, 2023
Shares outstanding: 22,464,074 as of Mar 4, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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