SCL Stepan Co.
Stepan Co. engages in the manufacture and sale of specialty and intermediate chemicals. It operates through the following segments: Surfactants, Polymers, and Specialty Products. The Surfactants segment offers a range of surfactant chemicals such as anionic, cationic, nonionic, and amphoteric surfactants. The Polymers segment produces polyester polyols and phthalic anhydride. The Specialty Products are chemicals used in food, flavoring, nutritional supplement and pharmaceutical applications. The company was founded by Alfred C. Stepan Jr. in 1932 and is headquartered in Northfield, IL.
Company profile
Ticker
SCL
Exchange
Website
CEO
F. Quinn Stepan
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
SEC CIK
Corporate docs
IRS number
361823834
SCL stock data
()
Calendar
30 Oct 19
25 Jan 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Sep 19 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | 451.58M | 473M | 489.17M | 466.66M | |
| Net income | 25.89M | 30.22M | 24.98M | 26.95M | |
| Diluted EPS | 1.11 | 1.3 | 1.07 | 1.16 | |
| Net profit margin | 5.73% | 6.39% | 5.11% | 5.77% | |
| Operating income | 27.97M | 41.07M | 29.74M | 39.39M | |
| Net change in cash | 10.73M | 5.81M | -30.74M | 26.21M | |
| Cash on hand | 286M | 275.27M | 269.46M | 300.19M | |
| Cost of revenue | 374.18M | 380.04M | 404.56M | 389.91M |
| Annual (USD) | Dec 18 | Dec 17 | Dec 16 | Dec 15 | |
|---|---|---|---|---|---|
| Revenue | 1.99B | 1.93B | 1.77B | 1.78B | |
| Net income | 112.76M | 91.58M | 86.19M | 75.97M | |
| Diluted EPS | 4.83 | 3.92 | 3.73 | 3.32 | |
| Net profit margin | 5.66% | 4.76% | 4.88% | 4.28% | |
| Operating income | 151.42M | 147.2M | 127.83M | 122.79M | |
| Net change in cash | 1.3M | 73.15M | 49.6M | 90.93M | |
| Cash on hand | 300.19M | 298.89M | 225.74M | 176.14M | |
| Cost of revenue | 1.65B | 1.59B | 1.43B | 1.47B |
Financial data from Stepan earnings reports
Institutional ownership Q3 2019
73.8% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 193 |
| Opened positions | 22 |
| Closed positions | 16 |
| Increased positions | 65 |
| Reduced positions | 64 |
13F shares |
Current |
|---|---|
| Total value | 4.2B |
| Total shares | 16.64M |
| Total puts | 83.5K |
| Total calls | 81.6K |
| Total put/call ratio | 1.0 |
Largest owners |
Shares | Value |
|---|---|---|
| BLK BlackRock | 3.05M | $295.56M |
| Vanguard | 2.29M | $222.6M |
| HighTower Advisors | 1.96M | $189.85M |
| Dimensional Fund Advisors | 1.1M | $106.68M |
| STT State Street | 600.16K | $58.25M |
| Wellington Management | 572.63K | $55.58M |
| BK Bank Of New York Mellon | 389.76K | $37.83M |
| NTRS Northern Trust | 384.54K | $37.32M |
| Renaissance Technologies | 368K | $35.72M |
| Geode Capital Management | 300.68K | $29.18M |
Financial report summary
?Management Discussion
- Net income attributable to the Company for the third quarter of 2019 increased 19 percent to $25.9 million, or $1.11 per diluted share, from $21.8 million, or $0.93 per diluted share, for the third quarter of 2018. Adjusted net income increased six percent to $27.9 million, or $1.20 per diluted share, from $26.4 million, or $1.13 per diluted share, in 2018 (see the “Reconciliation of Non-GAAP Adjusted Net Income and Diluted Earnings per Share” section of this MD&A for reconciliations between reported net income attributable to the Company and related earnings per diluted share and non-GAAP adjusted net income and related earnings per diluted share). Below is a summary discussion of the major factors leading to the quarter-over-quarter changes in net sales, profits and expenses. A detailed discussion of segment operating performance for the third quarter of 2019 compared to the third quarter of 2018 follows the summary.
Content analysis
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| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Avg
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New words:
essentially, NaN, perspective, reimbursement, study
Removed:
assessing, cease, half, peso
Financial reports
10-Q
2019 Q3
Quarterly report
30 Oct 19
10-Q
2019 Q2
Quarterly report
31 Jul 19
10-Q
2019 Q1
Quarterly report
7 May 19
10-K
2018 FY
Annual report
27 Feb 19
10-Q
2018 Q3
Quarterly report
1 Nov 18
10-Q
2018 Q2
Quarterly report
1 Aug 18
10-Q
2018 Q1
Quarterly report
1 May 18
10-K
2017 FY
Annual report
27 Feb 18
10-Q
2017 Q3
Quarterly report
27 Oct 17
10-Q
2017 Q2
Quarterly report
28 Jul 17
Current reports
8-K
Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics
20 Dec 19
8-K
Amendments to Articles of Incorporation or Bylaws
25 Oct 19
8-K
Stepan Reports Third Quarter Results and Nine Month Earnings
23 Oct 19
8-K
Stepan Reports Second Quarter Results and First Half Earnings
24 Jul 19
8-K
Regulation FD Disclosure
24 May 19
8-K
Departure of Directors or Certain Officers
6 May 19
8-K
Stepan Reports First Quarter Earnings
30 Apr 19
8-K
Stepan Reports Fourth Quarter and Record Full Year 2018 Results
21 Feb 19
8-K
Stepan Reports Third Quarter Results and Record Nine Month Earnings
24 Oct 18
8-K
Departure of Directors or Certain Officers
20 Sep 18
Registration and prospectus
25-NSE
Exchange delisting
9 Aug 13
25
Voluntary exchange delisting
25 Mar 13
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Feb 13
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Feb 13
S-8
Registration of securities for employees
3 May 11
S-8
Registration of securities for employees
27 Apr 06
S-8
Registration of securities for employees
22 Jun 00
8-A12B
Registration of securities on exchange
4 Mar 96
S-8
Registration of securities for employees
6 Jan 95
Proxies
DEF 14A
Definitive proxy
29 Mar 19
DEF 14A
Definitive proxy
29 Mar 18
DEF 14A
Definitive proxy
24 Mar 17
DEF 14A
Definitive proxy
24 Mar 16
DEF 14A
Definitive proxy
26 Mar 15
DEF 14A
Definitive proxy
27 Mar 14
DEF 14A
Definitive proxy
27 Mar 13
PRE 14A
Preliminary proxy
7 Mar 13
DEF 14A
Definitive proxy
22 Mar 12
DEF 14A
Definitive proxy
31 Mar 11
Other
SD
Conflict minerals disclosure
30 May 19
SD
Conflict minerals disclosure
30 May 18
SD
Conflict minerals disclosure
31 May 17
SD
Conflict minerals disclosure
31 May 16
SD
Conflict minerals disclosure
27 May 15
SD
Conflict minerals disclosure
30 May 14
UPLOAD
Letter from SEC
9 Nov 10
CORRESP
Correspondence with SEC
26 Oct 10
UPLOAD
Letter from SEC
13 Oct 10
UPLOAD
Letter from SEC
7 Jul 09
Ownership
SC 13G/A
Beneficial ownership report (amended)
14 Feb 19
SC 13G/A
Stepan Co
31 Jan 19
SC 13G/A
Stepan Co
10 Jan 19
SC 13G/A
Beneficial ownership report (amended)
20 Feb 18
SC 13G/A
Stepan Co
9 Feb 18
SC 13G/A
Stepan Co
19 Jan 18
SC 13G/A
Beneficial ownership report (amended)
15 Feb 17
SC 13G/A
Stepan Co
10 Feb 17
SC 13G/A
Stepan Co
17 Jan 17
SC 13G/A
Stepan Co
8 Jul 16
Patents
APP
Utility
Low VOC Polyurethane Adhesive
16 Jan 20
A low-VOC, two-component polyurethane adhesive is provided.
APP
Utility
Polyether-epoxide Polymer Compositions
9 Jan 20
Polyether-epoxide polymer compositions are disclosed.
GRANT
Utility
Synergistic surfactant blends
24 Dec 19
Synergistic surfactant blends are disclosed.
APP
Utility
Isocyanate-modified Polyester-epoxide Polymer Compositions
19 Dec 19
Isocyanate-modified polyester-epoxide polymer (i-PEEP) compositions are disclosed.
GRANT
Utility
Enhanced oil recovery methods
3 Dec 19
Methods for enhanced oil recovery.