# Stepan Co: Form 10-K for the period ended Dec 31, 2023

- Company: [Stepan Co](/companies/scl.md) (CIK 94049)
- Form: 10-K
- Filed: 2024-02-29
- Accepted by EDGAR: Feb 29, 2024, 11:49 ET
- Period: 2023-12-31
- Accession: 0000950170-24-022778
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/94049/000095017024022778/scl-20231231.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/94049/000095017024022778/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2023-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2023-01-01 to 2023-12-31 | $2.33bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 12 months, 2023-01-01 to 2023-12-31 | $2.05bn | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 12 months, 2023-01-01 to 2023-12-31 | $277.6m | us-gaap:GrossProfit |
| Research and development | 12 months, 2023-01-01 to 2023-12-31 | $35.7m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 12 months, 2023-01-01 to 2023-12-31 | $58.6m | us-gaap:OperatingIncomeLoss |
| Income tax | 12 months, 2023-01-01 to 2023-12-31 | $8.2m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months, 2023-01-01 to 2023-12-31 | $40.2m | us-gaap:NetIncomeLoss |
| Diluted EPS | 12 months, 2023-01-01 to 2023-12-31 | $1.75 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 12 months, 2023-01-01 to 2023-12-31 | $1.77 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 12 months, 2023-01-01 to 2023-12-31 | 22,946,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months, 2023-01-01 to 2023-12-31 | $174.9m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months, 2023-01-01 to 2023-12-31 | $260.3m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 12 months, 2023-01-01 to 2023-12-31 | $32.9m | us-gaap:PaymentsOfDividends |
| Cash and equivalents | at 2023-12-31 | $129.8m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2023-12-31 | $851.9m | us-gaap:AssetsCurrent |
| Total assets | at 2023-12-31 | $2.36bn | us-gaap:Assets |
| Current liabilities | at 2023-12-31 | $607.9m | us-gaap:LiabilitiesCurrent |
| Long-term debt | at 2023-12-31 | $401.2m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | at 2023-12-31 | $252.9m | us-gaap:LongTermDebtCurrent |
| Shareholders' equity | at 2023-12-31 | $1.22bn | us-gaap:StockholdersEquity |

## Sections

The sections of this filing are being extracted from EDGAR and appear here in about a minute. Meanwhile, read the original on sec.gov. https://www.sec.gov/Archives/edgar/data/94049/000095017024022778/scl-20231231.htm

Filed Feb 29, 2024.
Source: SEC EDGAR, the filing index for accession 0000950170-24-022778. Last ingested by Listed: Nov 4, 2026, 18:49 ET. No prices; not investment advice.