Stepan Company (SCL)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 272,212 | 281,921 | 277,472 | 274,319 | 277,598 | 278,953 | 326,193 | 391,410 | 427,069 | 442,562 | 415,982 | 396,049 | 395,810 | 421,349 | 426,510 | 413,324 | 383,613 | 359,565 | 339,910 | 334,374 |
| Revenue (ttm) | US$ in thousands | 2,180,274 | 2,186,796 | 2,202,180 | 2,225,750 | 2,325,768 | 2,420,813 | 2,577,772 | 2,749,430 | 2,773,270 | 2,756,121 | 2,639,624 | 2,483,502 | 2,345,966 | 2,230,673 | 2,092,465 | 1,957,503 | 1,869,750 | 1,820,006 | 1,807,108 | 1,819,562 |
| Gross profit margin | 12.49% | 12.89% | 12.60% | 12.32% | 11.94% | 11.52% | 12.65% | 14.24% | 15.40% | 16.06% | 15.76% | 15.95% | 16.87% | 18.89% | 20.38% | 21.11% | 20.52% | 19.76% | 18.81% | 18.38% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $272,212K ÷ $2,180,274K
= 12.49%
The gross profit margin of Stepan Company has exhibited fluctuations over the reporting periods analyzed. Starting at a level of 18.38% in March 2020, the margin increased gradually, reaching its peak at 21.11% in March 2021. However, the margin then experienced a decline in the subsequent quarters, with a notable decrease to 11.52% in September 2023. Although there were some fluctuations, the general trend showed a decrease in the gross profit margin over the latter half of the reporting periods, with the margin standing at 12.49% by December 2024. This trend suggests possible challenges in cost management or pricing strategies that impacted the company's ability to maintain higher gross profit margins in the latter periods.
Peer comparison
Dec 31, 2024