Stock Data
$1.47 (2.31%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
BASIC MATERIALS
Industry
SPECIALTY CHEMICALS
Stepan Company is a global manufacturer of specialty and intermediate chemicals used in a wide range of products. From household cleaners like detergents and shampoos to industrial applications such as thermal insulation materials and automotive components, Stepan's chemicals play a crucial role. The company's offerings are divided into three main segments: Surfactants, Polymers, and Specialty Products, catering to various industries including construction, consumer goods, and pharmaceuticals. Founded in 1932 and based in Northbrook, Illinois, Stepan stands as a key supplier for manufacturers worldwide.
Stepan crushed Q2 earnings with a 93% EPS beat as its Surfactants business surged 157%, though management flagged that customer stockpiling ahead of geopolitical tensions and tariff concerns inflated the quarter. Adjusted EBITDA jumped 45% on organic volume growth and Project Catalyst efficiency gains, but free cash flow turned negative as working capital ballooned.
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