Minerals Technologies vs Stepan
Stepan reported revenue of $2.3 billion in fiscal 2025, about the same as Minerals Technologies' $2.1 billion in fiscal 2025. Minerals Technologies' revenue fell 2.2% in its latest year, and Stepan's grew 7.0%. Minerals Technologies had an operating margin of 2.3%, against 3.4% at Stepan. Free cash flow was $87 million at Minerals Technologies and $25 million at Stepan.
Side by side
| Minerals Technologies | Stepan | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $2.1B | $2.3B |
| Revenue growth | −2.2% | 7.0% |
| Revenue growth a year, last 5 years | 5.4% | 4.5% |
| Gross margin | 25.0% | 11.6% |
| Operating margin | 2.3% | 3.4% |
| Net margin | −0.9% | 2.0% |
| Free cash flow | $87M | $25M |
| Free cash flow margin | 4.2% | 1.1% |
| Return on capital | 1.6% | 3.6% |
| Net debt to EBITDA | — | 2.4x |
| Dividends and buybacks | $73M | $35M |
| Change in diluted share count | −2.8% | −0.2% |
| Last close | $62.34 | $64.77 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | sold $4.1 million | — |
| Piotroski F-score | 4 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Minerals TechnologiesStepan
Operating margin
Percent of revenue
Minerals TechnologiesStepan
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Minerals TechnologiesStepan
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Minerals Technologies and Stepan pages.