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
DateValue
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