Stepan (SCL)

Company Profile

Stepan Company is a major manufacturer of specialty and intermediate chemicals used in a broad range of industries. Stepan is a leading merchant producer of surfactants, which are the key ingredients in consumer and industrial cleaning and disinfection products and in agricultural and oilfield solutions. The Company is also a leading supplier of polyurethane polyols used in the expanding thermal insulation market, and CASE (Coatings, Adhesives, Sealants, and Elastomers) industries.

Company profile

Ticker

SCL

Exchange

NYSE

Website

www.stepan.com

CEO

Frank Stepan

Incorporated

Delaware

Location

Illinois

Fiscal year end

Dec 31

Sector

Manufacturing > Other Basic Inorganic Chemical Manufacturing

Industry (SIC)

Soap, Detergents, Cleaning Preparations, Perfumes, Cosmetics

Procter & Gamble • Ecolab • Church & Dwight • Clancy • Givbux • Unilever • Unilever ...

SEC CIK

0000094049

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

North Pier Insurance Company • Stepan Asia Pte. Ltd. • Stepan Canada Sales Inc. • Stepan CDMX, S. de R.L. de C.V. • Stepan Chemical (Nanjing) Co., Ltd. • Stepan Chemical (Shanghai) Co., Ltd. • Stepan Colombia S.A.S. • Stepan Deutschland GmbH • Stepan Europe S.A.S. • Stepan Holdings Asia Pte. Ltd. ...

IRS number

361823834

SCL stock data

1M 1Y 5Y

Latest filings (excl ownership)

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4 May 23

Submission of Matters to a Vote of Security Holders

27 Apr 23

8-K

Stepan Reports First Quarter Results

25 Apr 23

8-K

Departure of Directors or Certain Officers

14 Apr 23

ARS

2022 FY

Annual report to shareholders

20 Mar 23

28 Feb 23

Stepan Reports Fourth Quarter Results and Record Full Year 2022 Earnings

3 Nov 22

Stepan Reports Record Third Quarter Results and Record Nine Month Earnings

19 Oct 22

Transcripts

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SCL

Earnings call transcript

2023 Q1

25 Apr 23

SCL

Earnings call transcript

2022 Q4

16 Feb 23

SCL

Earnings call transcript

2022 Q3

19 Oct 22

SCL

Earnings call transcript

2022 Q2

27 Jul 22

SCL

Earnings call transcript

2022 Q1

26 Apr 22

SCL

Earnings call transcript

2021 Q4

17 Feb 22

SCL

Earnings call transcript

2021 Q3

20 Oct 21

SCL

Earnings call transcript

2021 Q2

28 Jul 21

SCL

Earnings call transcript

2021 Q1

27 Apr 21

SCL

Earnings call transcript

2020 Q4

18 Feb 21

Latest ownership filings

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144

Notice of proposed sale of securities

Notice of proposed sale of securities

23 May 23

144

Notice of proposed sale of securities

16 May 23

144

Notice of proposed sale of securities

Notice of proposed sale of securities

4 May 23

Financial summary

Financial statements Chart SCL financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	126.96 mm	126.96 mm	126.96 mm	126.96 mm	126.96 mm	126.96 mm
Cash burn (monthly)	15.60 mm	9.09 mm	(no burn)	(no burn)	24.02 mm	(no burn)
Cash used (since last report)	31.60 mm	18.42 mm	n/a	n/a	48.66 mm	n/a
Cash remaining	95.36 mm	108.54 mm	n/a	n/a	78.30 mm	n/a
Runway (months of cash)	6.1	11.9	n/a	n/a	3.3	n/a

Beta Read what these cash burn values mean

Financial data from Stepan earnings reports.

Institutional ownership, Q1 2023

SCL institutional ownership history Ownership history

76.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	202	206	-1.9%
Opened positions	22	32	-31.3%
Closed positions	26	24	+8.3%
Increased positions	67	78	-14.1%
Reduced positions	72	62	+16.1%

13F shares	Current	Prev Q	Change
Total value	1.74 tn	1.82 tn	-4.5%
Total shares	17.07 mm	17.34 mm	-1.6%
Total puts	11.00 k	2.60 k	+323.1%
Total calls	15.10 k	23.30 k	-35.2%
Total put/call ratio	0.7	0.1	+552.8%

Largest owners	Shares	Value	Change
BLK Blackrock	3.66 mm	$377.00 bn	-0.5%
Vanguard	2.56 mm	$264.22 bn	+0.3%
HighTower Advisors	2.00 mm	$205.78 bn	+0.2%
STT State Street	1.87 mm	$192.25 bn	+0.5%
Dimensional Fund Advisors	1.07 mm	$110.25 bn	+1.0%
WHG Westwood	603.49 k	$61.67 bn	+8.9%
Geode Capital Management	401.52 k	$41.37 bn	+4.2%
MS Morgan Stanley	399.15 k	$41.12 bn	-2.7%
Southernsun Asset Management	395.22 k	$40.72 bn	-0.0%
BK Bank Of New York Mellon	327.26 k	$33.72 bn	-1.2%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	0.00	-212.50 k	EXIT
Personal Capital Advisors	0.00	-175.84 k	EXIT
Empower Advisory	122.91 k	+122.91 k	NEW
WHG Westwood	603.49 k	+49.35 k	+8.9%
Acadian Asset Management	7.33 k	-47.43 k	-86.6%
Nuveen Asset Management	86.77 k	-43.94 k	-33.6%
UBS UBS Group AG - Registered Shares	54.71 k	+33.86 k	+162.5%
Assenagon Asset Management	0.00	-31.43 k	EXIT
JPM JPMorgan Chase & Co.	131.83 k	+28.93 k	+28.1%
BMO Bank of Montreal	0.00	-27.68 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SCL insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
23 May 23	Mergner Arthur W	Common Stock	Sell	Dispose S	No	No	98.23	1,996	196.07 k	27,516.39
23 May 23	Mergner Arthur W	Common Stock	Payment of exercise	Dispose F	No	No	98.01	1,464	143.49 k	29,512.39
23 May 23	Mergner Arthur W	Common Stock	Sale back to company	Dispose D	No	No	98.01	2,802	274.62 k	30,976.39
23 May 23	Mergner Arthur W	Common Stock	Option exercise	Acquire M	No	No	43.85	6,262	274.59 k	33,778.39
23 May 23	Mergner Arthur W	Stock Appreciation Right Common Stock	Option exercise	Dispose M	No	No	43.85	6,262	274.59 k	0
22 May 23	Edward J Wehmer	Common Stock	Gift	Dispose G	No	No	0	1,000	0.00	4,792
11 May 23	Edward J Wehmer	Common Stock	Gift	Dispose G	No	No	0	1,500	0.00	5,792
4 May 23	Scott R. Behrens	Common Stock	Sell	Dispose S	No	No	90.61	100	9.06 k	12,756.281
4 May 23	Scott R. Behrens	Common Stock	Sell	Dispose S	No	No	90.2206	1,384	124.87 k	12,856.281
4 May 23	Scott R. Behrens	Common Stock	Sell	Dispose S	No	No	88.9388	516	45.89 k	14,240.281