Stepan Company
Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide. It operates through three segments: Surfactants, Polymers, and Specialty Products. The Surfactants segment offers surfactants that are used in consumer and industrial cleaning and disinfection products, including detergents for w… Read more
Stepan Company (SCL) - Net Assets
Latest net assets as of September 2025: $1.25 Billion USD
Based on the latest financial reports, Stepan Company (SCL) has net assets worth $1.25 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.43 Billion) and total liabilities ($1.19 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.25 Billion |
| % of Total Assets | 51.26% |
| Annual Growth Rate | 8.44% |
| 5-Year Change | 18.37% |
| 10-Year Change | 109.52% |
| Growth Volatility | 7.66 |
Stepan Company - Net Assets Trend (1985–2024)
This chart illustrates how Stepan Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Stepan Company (1985–2024)
The table below shows the annual net assets of Stepan Company from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.17 Billion | -3.83% |
| 2023-12-31 | $1.22 Billion | +4.32% |
| 2022-12-31 | $1.17 Billion | +8.55% |
| 2021-12-31 | $1.07 Billion | +8.68% |
| 2020-12-31 | $988.37 Million | +10.74% |
| 2019-12-31 | $892.50 Million | +13.76% |
| 2018-12-31 | $784.53 Million | +5.89% |
| 2017-12-31 | $740.91 Million | +16.51% |
| 2016-12-31 | $635.92 Million | +13.89% |
| 2015-12-31 | $558.38 Million | +3.99% |
| 2014-12-31 | $536.94 Million | -3.03% |
| 2013-12-31 | $553.74 Million | +15.15% |
| 2012-12-31 | $480.88 Million | +18.60% |
| 2011-12-31 | $405.46 Million | +14.84% |
| 2010-12-31 | $353.07 Million | +21.57% |
| 2009-12-31 | $290.43 Million | +38.81% |
| 2008-12-31 | $209.23 Million | +1.21% |
| 2007-12-31 | $206.73 Million | +13.88% |
| 2006-12-31 | $181.54 Million | +8.23% |
| 2005-12-31 | $167.74 Million | -0.85% |
| 2004-12-31 | $169.18 Million | +4.39% |
| 2003-12-31 | $162.07 Million | +2.04% |
| 2002-12-31 | $158.83 Million | +2.90% |
| 2001-12-31 | $154.35 Million | +0.11% |
| 2000-12-31 | $154.18 Million | -0.60% |
| 1999-12-31 | $155.10 Million | +4.87% |
| 1998-12-31 | $147.90 Million | +7.49% |
| 1997-12-31 | $137.60 Million | +4.56% |
| 1996-12-31 | $131.60 Million | +7.34% |
| 1995-12-31 | $122.60 Million | +10.15% |
| 1994-12-31 | $111.30 Million | +6.81% |
| 1993-12-31 | $104.20 Million | +4.72% |
| 1992-12-31 | $99.50 Million | +9.46% |
| 1991-12-31 | $90.90 Million | +9.92% |
| 1990-12-31 | $82.70 Million | +16.97% |
| 1989-12-31 | $70.70 Million | +5.84% |
| 1988-12-31 | $66.80 Million | +11.52% |
| 1987-12-31 | $59.90 Million | +8.91% |
| 1986-12-31 | $55.00 Million | +10.89% |
| 1985-12-31 | $49.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Stepan Company's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2645.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.27 Billion | 108.89% |
| Common Stock | $27.16 Million | 2.32% |
| Other Comprehensive Income | $-196.84 Million | -16.82% |
| Other Components | $65.73 Million | 5.62% |
| Total Equity | $1.17 Billion | 100.00% |
Stepan Company Competitors by Market Cap
The table below lists competitors of Stepan Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China National Gold Group Gold Jewellery Co Ltd
SHG:600916
|
$972.71 Million |
|
MY EG Services Bhd
KLSE:0138
|
$973.04 Million |
|
Fusheng Precision Co Ltd
TW:6670
|
$973.24 Million |
|
Faw Car Co Ltd
SHE:000800
|
$973.26 Million |
|
AQ Group AB
ST:AQ
|
$971.92 Million |
|
VIX Securities JSC
VN:VIX
|
$971.27 Million |
|
Posco ICT Company Ltd
KQ:022100
|
$971.22 Million |
|
COFCO Capital Holdings Co Ltd
SHE:002423
|
$971.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stepan Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,216,490,000 to 1,169,934,000, a change of -46,556,000 (-3.8%).
- Net income of 50,370,000 contributed positively to equity growth.
- Dividend payments of 33,950,000 reduced retained earnings.
- Share repurchases of 1,112,000 reduced equity.
- Other comprehensive income decreased equity by 66,236,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $50.37 Million | +4.31% |
| Dividends Paid | $33.95 Million | -2.9% |
| Share Repurchases | $1.11 Million | -0.1% |
| Other Comprehensive Income | $-66.24 Million | -5.66% |
| Other Changes | $4.37 Million | +0.37% |
| Total Change | $- | -3.83% |
Book Value vs Market Value Analysis
This analysis compares Stepan Company's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.89x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 20.93x to 0.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $2.16 | $45.30 | x |
| 1986-12-31 | $2.35 | $45.30 | x |
| 1987-12-31 | $2.50 | $45.30 | x |
| 1988-12-31 | $2.99 | $45.30 | x |
| 1989-12-31 | $3.22 | $45.30 | x |
| 1990-12-31 | $3.76 | $45.30 | x |
| 1991-12-31 | $4.18 | $45.30 | x |
| 1992-12-31 | $4.50 | $45.30 | x |
| 1993-12-31 | $5.16 | $45.30 | x |
| 1994-12-31 | $5.52 | $45.30 | x |
| 1995-12-31 | $5.56 | $45.30 | x |
| 1996-12-31 | $5.89 | $45.30 | x |
| 1997-12-31 | $6.27 | $45.30 | x |
| 1998-12-31 | $6.95 | $45.30 | x |
| 1999-12-31 | $7.90 | $45.30 | x |
| 2000-12-31 | $7.86 | $45.30 | x |
| 2001-12-31 | $7.94 | $45.30 | x |
| 2002-12-31 | $8.10 | $45.30 | x |
| 2003-12-31 | $8.92 | $45.30 | x |
| 2004-12-31 | $9.31 | $45.30 | x |
| 2005-12-31 | $8.58 | $45.30 | x |
| 2006-12-31 | $9.74 | $45.30 | x |
| 2007-12-31 | $10.19 | $45.30 | x |
| 2008-12-31 | $9.87 | $45.30 | x |
| 2009-12-31 | $13.40 | $45.30 | x |
| 2010-12-31 | $15.76 | $45.30 | x |
| 2011-12-31 | $17.88 | $45.30 | x |
| 2012-12-31 | $21.07 | $45.30 | x |
| 2013-12-31 | $24.09 | $45.30 | x |
| 2014-12-31 | $23.37 | $45.30 | x |
| 2015-12-31 | $24.37 | $45.30 | x |
| 2016-12-31 | $27.48 | $45.30 | x |
| 2017-12-31 | $31.66 | $45.30 | x |
| 2018-12-31 | $33.60 | $45.30 | x |
| 2019-12-31 | $38.25 | $45.30 | x |
| 2020-12-31 | $42.43 | $45.30 | x |
| 2021-12-31 | $46.13 | $45.30 | x |
| 2022-12-31 | $50.56 | $45.30 | x |
| 2023-12-31 | $53.02 | $45.30 | x |
| 2024-12-31 | $51.02 | $45.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stepan Company utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.31%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.97x
- Recent ROE (4.31%) is below the historical average (12.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 11.09% | 2.33% | 1.69x | 2.81x | $540.00K |
| 1986 | 13.64% | 2.89% | 1.70x | 2.78x | $2.00 Million |
| 1987 | 18.36% | 3.81% | 1.67x | 2.88x | $5.01 Million |
| 1988 | 20.06% | 4.02% | 1.79x | 2.78x | $6.72 Million |
| 1989 | 11.03% | 2.25% | 1.61x | 3.05x | $730.00K |
| 1990 | 17.53% | 3.72% | 1.58x | 2.99x | $6.23 Million |
| 1991 | 13.75% | 3.02% | 1.53x | 2.99x | $3.41 Million |
| 1992 | 15.88% | 3.63% | 1.47x | 2.99x | $5.85 Million |
| 1993 | 10.36% | 2.46% | 1.46x | 2.88x | $380.00K |
| 1994 | 12.40% | 3.11% | 1.37x | 2.92x | $2.67 Million |
| 1995 | 13.13% | 3.05% | 1.46x | 2.96x | $3.84 Million |
| 1996 | 14.51% | 3.56% | 1.41x | 2.90x | $5.94 Million |
| 1997 | 14.83% | 3.51% | 1.55x | 2.72x | $6.64 Million |
| 1998 | 15.89% | 3.85% | 1.51x | 2.73x | $8.71 Million |
| 1999 | 14.25% | 3.31% | 1.61x | 2.67x | $6.59 Million |
| 2000 | 9.73% | 2.15% | 1.68x | 2.69x | $-409.60K |
| 2001 | 10.41% | 2.26% | 1.62x | 2.84x | $636.90K |
| 2002 | 12.67% | 2.69% | 1.70x | 2.77x | $4.25 Million |
| 2003 | 3.03% | 0.63% | 1.69x | 2.86x | $-11.30 Million |
| 2004 | 6.14% | 1.10% | 1.90x | 2.93x | $-6.50 Million |
| 2005 | 7.89% | 1.22% | 2.09x | 3.09x | $-3.52 Million |
| 2006 | 3.69% | 0.57% | 2.15x | 3.02x | $-11.41 Million |
| 2007 | 7.34% | 1.14% | 2.32x | 2.78x | $-5.49 Million |
| 2008 | 17.86% | 2.32% | 2.62x | 2.94x | $16.36 Million |
| 2009 | 21.79% | 4.94% | 2.01x | 2.19x | $34.12 Million |
| 2010 | 18.72% | 4.57% | 1.76x | 2.32x | $30.48 Million |
| 2011 | 17.94% | 3.91% | 2.05x | 2.25x | $31.85 Million |
| 2012 | 16.58% | 4.40% | 1.83x | 2.06x | $31.50 Million |
| 2013 | 13.19% | 3.87% | 1.61x | 2.11x | $17.60 Million |
| 2014 | 10.66% | 2.96% | 1.66x | 2.17x | $3.55 Million |
| 2015 | 13.64% | 4.28% | 1.43x | 2.23x | $20.27 Million |
| 2016 | 13.58% | 4.88% | 1.30x | 2.13x | $22.73 Million |
| 2017 | 12.37% | 4.76% | 1.31x | 1.99x | $17.57 Million |
| 2018 | 14.39% | 5.66% | 1.34x | 1.89x | $34.39 Million |
| 2019 | 11.56% | 5.55% | 1.18x | 1.77x | $13.95 Million |
| 2020 | 12.85% | 6.78% | 1.07x | 1.78x | $28.10 Million |
| 2021 | 12.83% | 5.87% | 1.14x | 1.92x | $30.38 Million |
| 2022 | 12.62% | 5.31% | 1.14x | 2.09x | $30.55 Million |
| 2023 | 3.30% | 1.73% | 0.98x | 1.94x | $-81.44 Million |
| 2024 | 4.31% | 2.31% | 0.95x | 1.97x | $-66.62 Million |
Industry Comparison
This section compares Stepan Company's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,634,198,834
- Average return on equity (ROE) among peers: -11.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stepan Company (SCL) | $1.25 Billion | 11.09% | 0.95x | $971.95 Million |
| AirBoss of America Corp (ABSSF) | $37.88 Million | 4.86% | 1.22x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $27.99 Million | 26.12% | 0.23x | $0.96 |
| Aimia Inc (AIMFF) | $1.33 Billion | 12.47% | 2.95x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $25.04 Billion | 12.29% | 0.93x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $6.31 Billion | 13.19% | 1.57x | $9.73 Billion |
| Albemarle Corp (ALB) | $9.78 Billion | -5.22% | 0.67x | $19.47 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $33.22 Billion | -32.85% | 2.09x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $22.64 Million | -123.97% | 0.68x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $544.00 Million | 9.23% | 0.58x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $28.52 Million | -34.80% | 0.69x | $212.84 Million |