---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-016793"
form_type: "8-K"
ticker: "SCL"
cik: "0000094049"
company_name: "STEPAN CO"
filed_at: "2024-02-20T23:59:59+00:00"
generated_at: "2026-06-05T23:44:23.621386+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Stepan posts Q4 net loss $1.2M; adjusted EPS $0.33 vs $0.59; revenue down 15%

## Summary
- Net loss $1.2M (-$0.05 diluted) vs net income $10.8M ($0.47) in Q4 2022; adjusted net income $7.5M ($0.33) vs $13.5M ($0.59).
- Full year 2023 net income $40.2M ($1.75) vs $147.2M ($6.38) in 2022; adjusted EPS $2.21 vs $6.65.
- Revenue $532.1M, down 15% YoY (volume +3%, price/mix -21%); full year revenue $2.33B, down 16%.
- Surfactant operating income down 32% to $14.8M; Polymer up 322% to $12.6M on polyols volume; Specialty Products down 58%.
- Expects $50M pre-tax cost savings in 2024; declared $0.375 quarterly dividend payable March 15, 2024 (56th consecutive annual increase).

## SEC filing metadata
- accession: 0000950170-24-016793
- form_type: 8-K
- ticker: SCL
- cik: 0000094049
- company_name: STEPAN CO
- filed_at: 2024-02-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/94049/000095017024016793/0000950170-24-016793-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/94049/000095017024016793/scl-20240220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-016793
- JSON: https://secwatch.observer/filing/0000950170-24-016793.json
- Plain text: https://secwatch.observer/filing/0000950170-24-016793.txt

## Key facts
- Earnings Releases
  STEPAN CO reported financial results for the quarter and the year ended February 20, 2024.
  - Period: the quarter and the year ended February 20, 2024
  - Result: reported results
  source text: On February 20, 2024, Stepan Company (“Stepan”) issued a press release providing its financial results for the quarter and the year ended February 20, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/94049/000095017024016793/0000950170-24-016793-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.