Stepan Co Files 2024 10-K
Ticker: SCL · Form: 10-K · Filed: 2025-02-27T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, financials
TL;DR
Stepan Co's 2024 10-K is in. Full financials and biz details out.
AI Summary
Stepan Company filed its 2024 10-K on February 27, 2025, detailing its financial performance for the fiscal year ending December 31, 2024. The filing covers various aspects of the company's operations, including its business segments like Surfactants and Specialty Products, and financial instruments such as foreign exchange contracts and unsecured private placement notes. Key financial data and disclosures relevant to investors and stakeholders are presented.
Why It Matters
This 10-K filing provides a comprehensive overview of Stepan Company's financial health and operational performance for the fiscal year 2024, crucial for investors assessing the company's stability and future prospects.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not inherently indicate new or elevated risks.
Key Players & Entities
- STEPAN CO (company) — Filer
- 2024-12-31 (date) — Fiscal Year End
- 2025-02-27 (date) — Filing Date
- Surfactants (business_segment) — Key Business Segment
- Specialty Products (business_segment) — Key Business Segment
- 0000094049 (company_id) — Central Index Key
FAQ
What were Stepan Company's total revenues for the fiscal year ending December 31, 2024?
The provided text does not contain specific revenue figures for the fiscal year ending December 31, 2024.
What is the company's primary industry classification?
Stepan Company's Standard Industrial Classification is SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840].
When did Stepan Company change its former name?
The company formerly known as STEPAN CHEMICAL CO /DE/ changed its name on 19840108.
What are some of the financial instruments or accounts mentioned in the filing?
The filing mentions us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember, us-gaap:ForeignExchangeContractMember, us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember, scl:ProfitSharingContributionsMember, and scl:UnsecuredPrivatePlacementNotesSixMember.
What is the company's principal executive office address?
The company's business and mail address is EDENS & WINNETKA ROAD, NORTHFIELD, IL 60093.
From the Filing
0000950170-25-029079.txt : 20250227 0000950170-25-029079.hdr.sgml : 20250227 20250227161910 ACCESSION NUMBER: 0000950170-25-029079 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 141 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250227 DATE AS OF CHANGE: 20250227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STEPAN CO CENTRAL INDEX KEY: 0000094049 STANDARD INDUSTRIAL CLASSIFICATION: SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 361823834 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04462 FILM NUMBER: 25679155 BUSINESS ADDRESS: STREET 1: EDENS & WINNETKA ROAD CITY: NORTHFIELD STATE: IL ZIP: 60093 BUSINESS PHONE: 8474467500 MAIL ADDRESS: STREET 1: EDENS & WINNETKA ROAD CITY: NORTHFIELD STATE: IL ZIP: 60093 FORMER COMPANY: FORMER CONFORMED NAME: STEPAN CHEMICAL CO /DE/ DATE OF NAME CHANGE: 19840108 10-K 1 scl-20241231.htm 10-K 10-K 0000094049 false FY 5 3 3 3 8 ten years 7 P1M P7Y 1 1 http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent 0.3333 0.3333 http://www.stepan.com/20241231#PresidentAndChiefExecutiveOfficerMember http://fasb.org/us-gaap/2024#RestructuringCostsAndAssetImpairmentCharges 0000094049 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:ForeignExchangeContractMember us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2023-01-01 2023-12-31 0000094049 scl:ProfitSharingContributionsMember 2024-01-01 2024-12-31 0000094049 scl:UnsecuredPrivatePlacementNotesSixMember 2024-12-31 0000094049 country:GB us-gaap:EquitySecuritiesMember 2024-12-31 0000094049 scl:SurfactantsMember 2023-12-31 0000094049 us-gaap:DefinedBenefitPlanEquitySecuritiesMember us-gaap:FairValueInputsLevel1Member country:US 2024-12-31 0000094049 country:GB 2024-01-01 2024-12-31 0000094049 srt:LatinAmericaMember scl:SpecialtyProductsMember 2023-01-01 2023-12-31 0000094049 country:CN 2022-12-31 0000094049 us-gaap:OperatingSegmentsMember 2022-12-31 0000094049 scl:CustomerListsAndRelationshipsMember 2023-12-31 0000094049 srt:MaximumMember scl:UnsecuredPrivatePlacementNotesOneMember 2023-01-01 2023-12-31 0000094049 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0000094049 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2023-01-01 2023-12-31 0000094049 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2021-12-31 0000094049 us-gaap:CashFlowHedgingMember 2024-12-31 0000094049 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-12-31 0000094049 us-gaap:DefinedBenefitPlanEquitySecuritiesUsMember country:US 2023-12-31 0000094049 us-gaap:OperatingSegmentsMember scl:SpecialtyProductsMember 2024-12-31 0000094049 srt:MinimumMember us-gaap:CustomerRelationshipsMember 2024-12-31 0000094049 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2023-01-01 2023-12-31 0000094049 srt:MinimumMember scl:UnsecuredPrivatePlacementNotesSixMember 2024-01-01 2024-12-31 0000094049 scl:SurfactantsMember 2022-01-01 2022-12-31 0000094049 srt:LatinAmericaMember scl:SurfactantsMember 2023-01-01 2023-12-31 0000094049 scl:StatutoryPlansMember 2023-01-01 2023-12-31 0000094049 us-gaap:MaterialReconcilingItemsMember 2023-12-31 0000094049 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2022-01-01 2022-12-31 0000094049 scl:UnsecuredPrivatePlacementNotesMember 2024-01-01 2024-12-31 0000094049 us-gaap:EquitySecuritiesMember 2024-01-01 2024-12-31 0000094049 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0000094049 scl:KnowHowMember srt:MaximumMember 2024-12-31 0000094049 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2022-01-01 2022-12-31 0000094049 scl:SpecialtyProductsMember 2023-12-31 0000094049 scl:MultiCurrencyRevolvingCreditAgreementMember 2022-06-24 0000094049 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2023-12-31 0000094049 scl:Un