STEPAN CO (SCL) Form 8-K — Jul 29, 2026
Stepan Company reported strong financial results for the second quarter of 2026, with reported net income increasing 102% year-over-year to $22.9 million. Adjusted net income rose 126% to $27.1 million, driven by improved Surfactant and Polymer results, margin recovery, and savings from the Project Catalyst initiative. As part of the Project Catalyst efficiency initiative, the Board approved a plan to reduce the global salaried workforce by approximately 100 roles. The company anticipates full-year restructuring charges between $75.0 million and $80.0 million, with $4 million to $6 million related specifically to this workforce reduction.
Key figures
- Eps
- 1
- Revenue
- 684109000
- Net Income
- 22911000
- Total Debt
- 647400000
- Cash Position
- 113700000
- Ebitda
- 69100000
- Adjusted EPS
- 1.18
- Adjusted EBITDA
- 74400000
- Dividend Per Share
- 0.395
- Adjusted Net Income
- 27100000
- Workforce Reduction
- 100
- Restructuring Charge Estimate
- 75.0 million to 80.0 million
Price after filing
Close on the filing date to close N calendar days later (from $57.54). Historical, not a forecast.
AI analysis
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