Quaker Chemical vs Stepan
Stepan is the larger business, with $2.33bn of revenue in fiscal 2025 against $1.89bn for Quaker Chemical (1.2 times as much). Stepan grew faster (7.0% against 2.7%). Stepan kept more of each dollar of sales as profit: a net margin of 2.0% against -0.1%.
| Latest fiscal year | Quaker ChemicalKWR, 2025 | StepanSCL, 2025 |
|---|---|---|
| Revenue | $1.89bn | $2.33bn |
| Revenue growth | 2.7% | 7.0% |
| Net income | −$2.5m | $46.9m |
| Operating margin | — | 3.4% |
| Net margin | -0.1% | 2.0% |
| Return on equity | -0.2% | 3.9% |
| Free cash flow | $80.6m | $25.4m |
| Cash | $180m | $133m |
| Total debt | $905m | $627m |
| Debt to equity | — | 50.4% |
| Dividend per share | $1.99 | $1.55 |
| Dividend yield | 1.4% | 2.2% |
| Share buybacks | $41.5m | — |
| Employees | 4,700 | — |
| Market value | $2.61bn | $1.60bn |
| Price vs our value range | Within our value range | — |
| Moat score | 54 (Moderate) | 47 (Moderate) |
| Insider trades, 12 months | 0 buys, 2 sales | 0 buys, 0 sales |