Trade Stepan Co - SCL CFD

Stepan Company Company profile

About Stepan Company

Stepan Company is a producer and seller of intermediate chemicals that are used in a variety of applications. The Company operates through three segments: Surfactants, Polymers and Specialty Products. The Surfactants segment offers ingredients for 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 manufacturing 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 summary

BRIEF: For the fiscal year ended 31 December 2021, Stepan Company revenues increased 25% to $2.35B. Net income increased 9% to $137.8M. Revenues reflect Polymers segment increase of 58% to $713.4M, Surfactants segment increase of 16% to $1.56B, Specialty Products segment increase of 6% to $69.7M, United States segment increase of 16% to $1.3B, United Kingdom segment increase from $93.1M to $208.8M, Poland (Country) segment increase of 35% to $198.9M.

Equity composition

Common Stock $1 Par, 03/11, 30M auth., 11,511,829 issd., less 1,406,081 shs in Treas. @39.1M. Insiders own 22.72%. PO 10/60,150K shares @ $14 by D. Gleich Co. 5 1/2 Convertible Preferred Stock no Par, 2M auth., 549,896 issd. (conv. into 1.14 Com). 12/94, 2-for-1 split. FY'03 Q's are reclassified. 12/12, 2-for-1 stock split.