secwatch.observer — SEC 8-K summary ====================================== Issuer: STEPAN CO (SCL) CIK: 0000094049 Form: 8-K Filed at: 2025-02-19T23:59:59+00:00 Accession: 0000950170-25-022759 Event type: earnings Sentiment: neutral Materiality: 0.75 Item codes: 2.02, 8.01, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Stepan Q4 adj. EPS $0.12, down 64%; full-year adj. EBITDA up 4%, Polymers weak ------------------------------------------------------------------------------ - Q4 reported net income $3.4M vs prior-year loss of $1.2M; adjusted net income $2.8M (-63%). - Full-year adj. EBITDA $187.0M (+4%); free cash flow $39.3M vs -$85.5M in 2023. - Surfactants adj. EBITDA +10% in Q4; Polymers adj. EBITDA -44% on 9% volume decline. - Pasadena alkoxylation facility expected to start in Q1 2025; quarterly dividend $0.385/sh, payable March 14. - Cost-out savings of $48M in 2024; full-year effective tax rate 16.7% vs 16.9%. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/94049/000095017025022759/0000950170-25-022759-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/94049/000095017025022759/scl-20250219.htm HTML page: https://secwatch.observer/filing/0000950170-25-022759 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer