SCLStepan Company

$1B

Q4 2019 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$445M-4.6% YoY

Gross Profit

$85M19.0% margin

Operating Income

$28M6.4% margin

Net Income

$22M5.0% margin

EPS (Diluted)

$0.95

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

$86M

Free Cash Flow

$51M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$687M

Stockholders' Equity

$892M

Cash & Equivalents

$315M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$445M	$467M	-4.6%
Gross Profit	$85M	$79M	+7.9%
Operating Income	$28M	$39M	-27.7%
Net Income	$22M	$27M	-18.2%

Revenue Segments

Surfactants

$310M70%

Polymers

$116M26%

Specialty Products

$19M4%

Geographic Segments

North America

$269M61%

Europe

$93M21%

Latin America

$57M13%

Asia

$26M6%

SCL Q4 2019 Earnings — Stepan Company Revenue & Financial Results | Market Cap Arena