NWN vs. SCL

Last updated Apr 1, 2026

Compare and contrast key facts about Northwest Natural Holding Company (NWN) and Stepan Company (SCL).

Performance

NWN vs. SCL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northwest Natural Holding Company (NWN) and Stepan Company (SCL). The values are adjusted to include any dividend payments, if applicable.

NWN vs. SCL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NWN Northwest Natural Holding Company	15.07%	23.75%	6.77%	-14.45%	1.49%	10.26%	-35.52%	25.46%	4.48%	2.82%
SCL Stepan Company	6.36%	-24.60%	-30.29%	-9.74%	-12.91%	5.24%	17.75%	39.96%	-5.21%	-2.06%

Fundamentals

EPS NWN : $3.69 SCL : $2.05
PE Ratio NWN : 14.41 SCL : 24.39
PS Ratio NWN : 1.14 SCL : 0.49
Total Revenue (TTM) NWN : $1.27B SCL : $2.33B
Gross Profit (TTM) NWN : $309.31M SCL : $269.89M
EBITDA (TTM) NWN : $454.27M SCL : $173.90M

Returns By Period

In the year-to-date period, NWN achieves a 15.07% return, which is significantly higher than SCL's 6.36% return. Over the past 10 years, NWN has outperformed SCL with an annualized return of 3.71%, while SCL has yielded a comparatively lower 0.46% annualized return.

NWN

• 1D: -0.75%
• 1M: 0.34%
• YTD: 15.07%
• 6M: 20.99%
• 1Y: 30.26%
• 3Y*: 8.83%
• 5Y*: 4.54%
• 10Y*: 3.71%

SCL

• 1D: 0.38%
• 1M: -1.02%
• YTD: 6.36%
• 6M: 6.53%
• 1Y: -6.32%
• 3Y*: -19.61%
• 5Y*: -15.73%
• 10Y*: 0.46%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NWN vs. SCL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NWN

NWN Risk / Return Rank: 83
NWN Sharpe Ratio Rank: 86
NWN Sortino Ratio Rank: 81
NWN Omega Ratio Rank: 81
NWN Calmar Ratio Rank: 87
NWN Martin Ratio Rank: 81

SCL

SCL Risk / Return Rank: 34
SCL Sharpe Ratio Rank: 35
SCL Sortino Ratio Rank: 31
SCL Omega Ratio Rank: 31
SCL Calmar Ratio Rank: 35
SCL Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NWN vs. SCL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Northwest Natural Holding Company (NWN) and Stepan Company (SCL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NWN	SCL	Difference
Sharpe ratio Return per unit of total volatility	1.59	-0.16	+1.75
Sortino ratio Return per unit of downside risk	2.11	0.06	+2.05
Omega ratio Gain probability vs. loss probability	1.29	1.01	+0.28
Calmar ratio Return relative to maximum drawdown	3.10	-0.21	+3.31
Martin ratio Return relative to average drawdown	6.27	-0.40	+6.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NWN vs. SCL - Sharpe Ratio Comparison

The current NWN Sharpe Ratio is 1.59, which is higher than the SCL Sharpe Ratio of -0.16. The chart below compares the historical Sharpe Ratios of NWN and SCL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NWN	SCL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	-0.16	+1.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	-0.53	+0.73
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.13	0.01	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.25	+0.07

Correlation

The correlation between NWN and SCL is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NWN vs. SCL - Dividend Comparison

NWN's dividend yield for the trailing twelve months is around 3.69%, more than SCL's 3.12% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NWN Northwest Natural Holding Company	3.69%	4.20%	4.94%	4.99%	4.06%	3.94%	4.16%	2.58%	3.13%	3.16%	3.13%	3.68%
SCL Stepan Company	3.12%	3.27%	2.33%	1.55%	1.63%	1.01%	0.95%	1.00%	1.25%	1.06%	0.95%	1.47%

Drawdowns

NWN vs. SCL - Drawdown Comparison

The maximum NWN drawdown since its inception was -46.27%, smaller than the maximum SCL drawdown of -66.78%. Use the drawdown chart below to compare losses from any high point for NWN and SCL.

Drawdown Indicators

	NWN	SCL	Difference
Max Drawdown Largest peak-to-trough decline	-46.27%	-66.78%	+20.51%
Max Drawdown (1Y) Largest decline over 1 year	-9.85%	-32.78%	+22.93%
Max Drawdown (5Y) Largest decline over 5 years	-32.09%	-66.78%	+34.69%
Max Drawdown (10Y) Largest decline over 10 years	-46.27%	-66.78%	+20.51%
Current Drawdown Current decline from peak	-10.59%	-60.10%	+49.51%
Average Drawdown Average peak-to-trough decline	-12.13%	-16.76%	+4.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.87%	16.99%	-12.12%

Volatility

NWN vs. SCL - Volatility Comparison

The current volatility for Northwest Natural Holding Company (NWN) is 4.72%, while Stepan Company (SCL) has a volatility of 9.04%. This indicates that NWN experiences smaller price fluctuations and is considered to be less risky than SCL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NWN	SCL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	9.04%	-4.32%
Volatility (6M) Calculated over the trailing 6-month period	12.83%	30.53%	-17.70%
Volatility (1Y) Calculated over the trailing 1-year period	19.09%	39.96%	-20.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.54%	30.06%	-7.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.06%	31.58%	-3.52%

Financials

NWN vs. SCL - Profitability Comparison

The chart below illustrates the profitability comparison between Northwest Natural Holding Company and Stepan Company over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NWN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Northwest Natural Holding Company reported a gross profit of 0.00 and revenue of 370.88M. Therefore, the gross margin over that period was 0.0%.

SCL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Stepan Company reported a gross profit of 51.52M and revenue of 553.89M. Therefore, the gross margin over that period was 9.3%.

NWN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Northwest Natural Holding Company reported an operating income of 84.94M and revenue of 370.88M, resulting in an operating margin of 22.9%.

SCL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Stepan Company reported an operating income of 10.50M and revenue of 553.89M, resulting in an operating margin of 1.9%.

NWN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Northwest Natural Holding Company reported a net income of 45.00M and revenue of 370.88M, resulting in a net margin of 12.1%.

SCL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Stepan Company reported a net income of 5.00M and revenue of 553.89M, resulting in a net margin of 0.9%.