Stepan Company (SCL)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 50,370 | 45,827 | 34,792 | 37,955 | 40,204 | 52,231 | 79,044 | 118,486 | 147,153 | 153,314 | 150,850 | 142,002 | 137,804 | 151,159 | 147,407 | 139,836 | 126,770 | 118,458 | 111,179 | 105,690 |
| 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 |
| Net profit margin | 2.31% | 2.10% | 1.58% | 1.71% | 1.73% | 2.16% | 3.07% | 4.31% | 5.31% | 5.56% | 5.71% | 5.72% | 5.87% | 6.78% | 7.04% | 7.14% | 6.78% | 6.51% | 6.15% | 5.81% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $50,370K ÷ $2,180,274K
= 2.31%
Stepping Company's net profit margin has been relatively stable over the past few quarters, ranging from a high of 7.14% in March 31, 2021, to a low of 1.58% in June 30, 2024. The company experienced a gradual decline in its net profit margin from March 31, 2022, where it stood at 5.72%, to December 31, 2024, where it increased slightly to 2.31%.
The net profit margin indicates the percentage of revenue that exceeds the expenses and taxes associated with operations, highlighting the company's ability to control costs and efficiently generate profits. Stepping Company should monitor this trend closely and take necessary measures to improve its net profit margin over time to ensure continued financial stability and growth.
Peer comparison
Dec 31, 2024