What is Stepan's construction in progress?

Stepan (SCL) reported construction in progress of $112.9M in Q4 2025.

How has Stepan's construction in progress changed year-over-year?

Stepan's construction in progress decreased by 59.0% year-over-year, from $275.05M to $112.9M.

What is the long-term trend for Stepan's construction in progress?

Over 5 years (2020 to 2025), Stepan's construction in progress has grown at a -1.3% compound annual growth rate (CAGR), from $120.61M to $112.9M.

What does construction in progress mean?

Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.

Stepan SCL Construction in progress

Construction in progress at other companies

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Oil-Dri Corporation of AmericaODC

$25.15M+19.9%

Healthpeak PropertiesDOC

$1.06B+9.8%

JBG SMITH PropertiesJBGS

$186.58M-43.0%

Merit Medical SystemsMMSI

$90.99M+42.8%

Energizer HoldingsENR

$36.3M-52.0%

Other financials

Income statement

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Revenue$604.5M+1.9%

Gross profit$64.9M-14.1%

Operating income-$49.6M-275%

Net income-$41.4M-310%

EPS (diluted)-$1.81-310%

Balance sheet

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Cash & equivalents$140.8M+31.0%

Total debt$713.1M-2.5%

Total equity$1.2B-0.6%

Total assets$2.3B-2.4%

Cash flow

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Operating cash flow$16.9M+144%

CapEx$30.9M-5.7%

Free cash flow-$14.0M+45.9%

Valuation

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Market cap$1.25B+3.0%

Enterprise value$1.82B-0.8%

P/S0.5×0.0×

Profitability

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Gross margin11.1%-1.4pp

Operating margin0%-3.5pp

Net margin-0.6%-3.1pp

FCF margin1.6%—

Returns & leverage

See full

Return on equity-1.2%-5.8pp

Debt / equity0.6×0.0×

Current ratio1.3×0.0×

Where this comes from

Reported directly by Stepan in its filing.

Tagged under the XBRL concept us-gaap:ConstructionInProgressGross.

The official record: Stepan’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Stepan's construction in progress?: Stepan (SCL) reported construction in progress of $112.9M in Q4 2025.
How has Stepan's construction in progress changed year-over-year?: Stepan's construction in progress decreased by 59.0% year-over-year, from $275.05M to $112.9M.
What is the long-term trend for Stepan's construction in progress?: Over 5 years (2020 to 2025), Stepan's construction in progress has grown at a -1.3% compound annual growth rate (CAGR), from $120.61M to $112.9M.
What does construction in progress mean?: Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.