Stepan (SCL) Research & Development (2010 - 2025)
Stepan (SCL) posted Research & Development of $5.2 million for Q4 2025, down 63.5% on a QoQ basis from $14.2 million in Q3 2025, and down 62.36% year-over-year from $13.8 million in Q4 2024.
Stepan (SCL) Research & Development (2010 - 2025) Analysis & Trends
Stepan's Research & Development history runs 16 years deep, the most recent figure standing at $5.2 million for Q4 2025.
- Quarterly Research & Development fell 62.36% year-over-year to $5.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $48.8 million (down 12.41% YoY) and the FY2025 annual result came in at $48.8 million, down 12.41% from the prior year.
- Research & Development was $5.2 million for Q4 2025 at Stepan, down from $14.2 million in the prior quarter.
- Across five years, Research & Development topped out at $20.7 million in Q4 2022 and bottomed at $5.2 million in Q4 2025.
- A 5-year average of $14.4 million and a median of $14.6 million in 2021 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development surged 39.04% — and 2025, when it sank 62.36%.
- Stepan's Research & Development stood at $14.9 million in 2021, then jumped by 39.04% to $20.7 million in 2022, then slipped by 26.08% to $15.3 million in 2023, then fell by 9.96% to $13.8 million in 2024, then plunged by 62.36% to $5.2 million in 2025.
- Business Quant data shows SCL's Research & Development at $5.2 million in Q4 2025, $14.2 million in Q3 2025, and $14.7 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 38.00 Mn |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | - |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | - |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 21.60 Mn |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | 113.00 Mn |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | 36.00 Mn |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | - |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 166.00 Mn |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 47.00 Mn |
| 10 | Stepan | 1.32 Bn | 1.19 Bn | 51.52 Mn | 5.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.19 Mn |
| Sep 30, 2025 | 14.23 Mn |
| Jun 30, 2025 | 14.70 Mn |
| Mar 31, 2025 | 14.65 Mn |
| Dec 31, 2024 | 13.79 Mn |
| Sep 30, 2024 | 13.53 Mn |
| Jun 30, 2024 | 14.09 Mn |
| Mar 31, 2024 | 14.26 Mn |
| Dec 31, 2023 | 15.32 Mn |
| Sep 30, 2023 | 14.48 Mn |
| Jun 30, 2023 | 14.11 Mn |
| Mar 31, 2023 | 13.07 Mn |
| Dec 31, 2022 | 20.73 Mn |
| Sep 30, 2022 | 15.08 Mn |
| Jun 30, 2022 | 16.69 Mn |
| Mar 31, 2022 | 15.28 Mn |
| Dec 31, 2021 | 14.91 Mn |
| Sep 30, 2021 | 14.79 Mn |
| Jun 30, 2021 | 14.99 Mn |
| Mar 31, 2021 | 14.50 Mn |