SCL Q2 2023 Earnings — Stepan Company Revenue & Financial Results | Market Cap Arena

SCLStepan Company

$1B

Q2 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$580M-22.8% YoY

Gross Profit

$66M11.4% margin

Operating Income

$18M3.1% margin

Net Income

$13M2.2% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

-11.0%

Cash Flow

Operating Cash Flow

$108M

Free Cash Flow

$40M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.2B

Stockholders' Equity

$1.2B

Cash & Equivalents

$134M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$580M	$752M	-22.8%
Gross Profit	$66M	$132M	-49.6%
Operating Income	$18M	$78M	-77.1%
Net Income	$13M	$52M	-75.7%

Revenue Segments

Surfactants

$392M68%

Polymers

$165M28%

Specialty Products

$24M4%

Geographic Segments

North America

$340M59%

Europe

$138M24%

Latin America

$79M14%

Asia

$23M4%