Stepan (SCL) Research & Development (2010 - 2025)
Stepan (SCL) reported Research & Development of $15.7 million for Q4 2025, up 13.85% on a YoY basis from $13.8 million in Q4 2024, and up 10.39% quarter-over-quarter from $14.2 million in Q3 2025.
Stepan (SCL) Research & Development (2010 - 2025) Analysis & Trends
Stepan has reported Research & Development for 16 years, with the latest figure at $15.7 million in Q4 2025.
- For the quarter ending Q4 2025, Research & Development rose 13.85% year-over-year to $15.7 million; the trailing twelve-month figure through Dec 2025 stood at $59.3 million (up 6.47% YoY), and the FY2025 full-year result was $59.3 million, up 6.47% from the prior year.
- Research & Development for Q4 2025 stood at $15.7 million, up from $14.2 million in the prior quarter.
- The five-year high for Research & Development was $17.1 million in Q4 2021, with the low at $13.5 million in Q3 2024.
- Historically, Research & Development has averaged $15.2 million across 5 years, with a median of $15.1 million in 2021.
- Annual changes were most pronounced in 2023 — Research & Development slipped 15.49% — and 2025, when it rose 13.85%.
- Stepan's Research & Development stood at $17.1 million in 2021, then declined by 2.99% to $16.5 million in 2022, then retreated by 7.39% to $15.3 million in 2023, then dropped by 9.96% to $13.8 million in 2024, then grew by 13.85% to $15.7 million in 2025.
- The last three Research & Development figures came in at $15.7 million (Q4 2025), $14.2 million (Q3 2025), and $14.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 Bn | 4.26 Bn | 38.00 Mn |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | - |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | - |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | - |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 21.60 Mn |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 113.00 Mn |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 166.00 Mn |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 47.00 Mn |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | 36.00 Mn |
| 10 | Stepan | 1.23 Bn | 1.10 Bn | 51.52 Mn | 15.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 15.70 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 | 15.14 Mn |
| Dec 31, 2022 | 16.54 Mn |
| Sep 30, 2022 | 16.93 Mn |
| Jun 30, 2022 | 16.69 Mn |
| Mar 31, 2022 | 16.47 Mn |
| Dec 31, 2021 | 17.05 Mn |
| Sep 30, 2021 | 15.50 Mn |
| Jun 30, 2021 | 14.99 Mn |
| Mar 31, 2021 | 15.15 Mn |