SCL vs. FMCB
SCL (Stepan Company) and FMCB (Farmers & Merchants Bancorp) are both stocks. SCL operates in Specialty Chemicals (Basic Materials), while FMCB operates in Banks - Regional (Financial Services). Over the past 10 years, SCL returned -0.19%/yr vs 10.29%/yr for FMCB. At a 0.04 correlation, their price movements are largely independent.
Performance
SCL vs. FMCB - Performance Comparison
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Returns By Period
In the year-to-date period, SCL achieves a 10.27% return, which is significantly lower than FMCB's 22.48% return. Over the past 10 years, SCL has underperformed FMCB with an annualized return of -0.19%, while FMCB has yielded a comparatively higher 10.29% annualized return.
SCL
- 1D
- 0.29%
- 1M
- -2.10%
- YTD
- 10.27%
- 6M
- 17.06%
- 1Y
- -3.04%
- 3Y*
- -17.43%
- 5Y*
- -15.44%
- 10Y*
- -0.19%
FMCB
- 1D
- 2.63%
- 1M
- 3.04%
- YTD
- 22.48%
- 6M
- 24.87%
- 1Y
- 39.81%
- 3Y*
- 12.94%
- 5Y*
- 11.17%
- 10Y*
- 10.29%
SCL vs. FMCB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCL Stepan Company | 10.27% | -24.60% | -30.29% | -9.74% | -12.91% | 5.24% | 17.75% | 39.96% | -5.21% | -2.06% |
FMCB Farmers & Merchants Bancorp | 22.48% | 6.83% | 2.04% | 2.51% | 11.29% | 28.38% | 1.00% | 11.65% | 5.62% | 7.90% |
Correlation
The correlation between SCL and FMCB is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2001 | 0.04 |
The correlation between SCL and FMCB shifts across timeframes, from 0.04 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
SCL:
$1.18B
FMCB:
$923.00M
SCL:
-$0.62
FMCB:
$136.25
SCL:
0.50
FMCB:
3.05
SCL:
0.99
FMCB:
1.41
SCL:
$2.34B
FMCB:
$308.67M
SCL:
$259.28M
FMCB:
$243.83M
SCL:
$96.49M
FMCB:
$131.11M
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Return for Risk
SCL vs. FMCB — Risk / Return Rank
SCL
FMCB
SCL vs. FMCB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Stepan Company (SCL) and Farmers & Merchants Bancorp (FMCB). 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.
| SCL | FMCB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.22 | ||
| Sortino ratioReturn per unit of downside risk | -3.20 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.45 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.09 | 5.58 | -5.67 |
| Martin ratioReturn relative to average drawdown | -0.16 | 15.66 | -15.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SCL | FMCB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.08 | 2.13 | -2.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.51 | 0.54 | -1.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.01 | 0.50 | -0.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.43 | -0.18 |
Drawdowns
SCL vs. FMCB - Drawdown Comparison
The maximum SCL drawdown since its inception was -66.78%, which is greater than FMCB's maximum drawdown of -42.00%. Use the drawdown chart below to compare losses from any high point for SCL and FMCB.
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Drawdown Indicators
| SCL | FMCB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.78% | -42.00% | -24.78% |
Max Drawdown (1Y)Largest decline over 1 year | -32.78% | -7.17% | -25.61% |
Max Drawdown (3Y)Largest decline over 3 years | -54.78% | -14.32% | -40.46% |
Max Drawdown (5Y)Largest decline over 5 years | -65.22% | -16.91% | -48.31% |
Max Drawdown (10Y)Largest decline over 10 years | -66.78% | -25.24% | -41.54% |
Current DrawdownCurrent decline from peak | -58.63% | -3.39% | -55.24% |
Average DrawdownAverage peak-to-trough decline | -16.99% | -9.64% | -7.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.37% | 2.55% | +16.82% |
Volatility
SCL vs. FMCB - Volatility Comparison
The current volatility for Stepan Company (SCL) is 6.53%, while Farmers & Merchants Bancorp (FMCB) has a volatility of 10.29%. This indicates that SCL experiences smaller price fluctuations and is considered to be less risky than FMCB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCL | FMCB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.53% | 10.29% | -3.76% |
Volatility (6M)Calculated over the trailing 6-month period | 30.83% | 15.02% | +15.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.41% | 18.80% | +17.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.29% | 20.83% | +9.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.60% | 20.73% | +10.87% |
Dividends
SCL vs. FMCB - Dividend Comparison
SCL's dividend yield for the trailing twelve months is around 3.05%, more than FMCB's 1.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMCB Farmers & Merchants Bancorp | 1.80% | 1.74% | 1.71% | 1.62% | 1.54% | 1.59% | 1.94% | 1.85% | 1.99% | 2.00% | 2.05% | 2.39% |
SCL Stepan Company | 3.05% | 3.27% | 2.33% | 1.55% | 1.63% | 1.01% | 0.95% | 1.00% | 1.25% | 1.06% | 0.95% | 1.47% |
Financials
SCL vs. FMCB - Financials Comparison
This section allows you to compare key financial metrics between Stepan Company and Farmers & Merchants Bancorp. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SCL vs. FMCB - Profitability Comparison
SCL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Stepan Company reported a gross profit of 64.85M and revenue of 604.51M. Therefore, the gross margin over that period was 10.7%.
FMCB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Farmers & Merchants Bancorp reported a gross profit of 61.56M and revenue of 76.87M. Therefore, the gross margin over that period was 80.1%.
SCL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Stepan Company reported an operating income of -49.62M and revenue of 604.51M, resulting in an operating margin of -8.2%.
FMCB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Farmers & Merchants Bancorp reported an operating income of 32.38M and revenue of 76.87M, resulting in an operating margin of 42.1%.
SCL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Stepan Company reported a net income of -41.41M and revenue of 604.51M, resulting in a net margin of -6.9%.
FMCB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Farmers & Merchants Bancorp reported a net income of 24.07M and revenue of 76.87M, resulting in a net margin of 31.3%.
Frequently Asked Questions
SCL and FMCB have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FMCB has higher volatility (10.29%) compared to SCL (6.53%). In terms of maximum drawdown, SCL dropped -66.78% vs FMCB's -42.00%.
FMCB currently has the higher Sharpe Ratio (2.13 vs -0.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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