SCL (Stepan Co) Research & Development: $60 Mil (TTM As of Mar. 2026)


SCL Stepan Co SCL
79 GF Score
Price $54.20
GF Value $70.56
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Stepan Co Research & Development?

Stepan Co SCL +2.75% 79 Research & Development is $60 Mil as of Mar. 2026. GuruFocus rates SCL with a GF Score™ of 79/100 and a GF Value™ of $70.56 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Stepan Co's Research & Development for the three months ended in Mar. 2026 was $15 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $60 Mil.

Stepan Co  (NYSE:SCL) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Stepan Co Research & Development Related Terms

Stepan Co Research & Development Historical Data

* Premium members only.

The historical data trend for Stepan Co's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Stepan Co Research & Development Chart

Stepan Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.69 66.63 59.04 55.67 59.28

Stepan Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.65 14.70 14.23 15.70 14.99
SCL
79GF Score
Stepan Co SCL
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stepan Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $60 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $60 Mil mean?
Stepan Co (SCL) has a Research & Development of $60 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Stepan Co and its competitors.
Is Stepan Co's Research & Development too high?
Stepan Co's current Research & Development is $60 Mil. Overall, Stepan Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stepan Co's Research & Development compare to ODC and ECVT?
Stepan Co's Research & Development of $60 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Chemicals company?
A good Research & Development depends on the Chemicals industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Stepan Co and its competitors. Stepan Co's current Research & Development is $60 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stepan Co stock overvalued right now?
Based on GuruFocus' analysis, Stepan Co (SCL) is currently considered Modestly Undervalued. The stock's GF Value™ is $70.56, compared to a current price of $54.20 — trading 23.2% below its estimated fair value. The current Research & Development is $60 Mil. Stepan Co's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Stepan Co (SCL), the current Research & Development is $60 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Stepan Co (SCL) Overvalued in 2026?

Based on GuruFocus' analysis, Stepan Co stock appears to be undervalued. The current stock price of $54.20 is trading 23.2% below its estimated GF Value™ of $70.56. GuruFocus considers Stepan Co to be Modestly Undervalued.

Key valuation signals for SCL:

  • Research & Development: $60 Mil
  • GF Value™: $70.56 vs. price of $54.20 (23.2% below fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the SCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Stepan Co Business Description

Address 1101 Skokie Boulevard, Suite 500, Northbrook, IL, USA, 60062
Stepan Co manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on product type. The surfactants segment, which generates the majority of revenue, sells cleaning agents used in detergents, shampoos, body wash, fabric softeners, toothpastes, and other personal-care products. The polymers segment sells polyurethane used to manufacture rigid foam for thermal insulation, as well as phthalic anhydride used to make plastic components for the construction, automotive, and boating industries. The specialty products segment sells chemicals used in food and flavoring. The majority of Stepan's revenue comes from the United States, followed by France, Poland, the United Kingdom, Brazil, Mexico, and other countries.
79GF Score

Get the complete analysis for SCL

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$54.20
Price
$70.56
GF Value