vs

Side-by-side financial comparison of Hamilton Insurance Group, Ltd. (HG) and STEPAN CO (SCL). Click either name above to swap in a different company.

Hamilton Insurance Group, Ltd. is the larger business by last-quarter revenue ($758.9M vs $604.5M, roughly 1.3× STEPAN CO). Hamilton Insurance Group, Ltd. runs the higher net margin — 17.6% vs 3.3%, a 14.3% gap on every dollar of revenue. On growth, STEPAN CO posted the faster year-over-year revenue change (1.9% vs -1.3%). Over the past eight quarters, Hamilton Insurance Group, Ltd.'s revenue compounded faster (13.6% CAGR vs 4.2%).

White Mountains Insurance Group is a diversified insurance and related financial services holding company based in Hamilton, Bermuda. Redomiciled from Delaware, United States, on October 25, 1999, the company conducts most of its business through its insurance subsidiaries and other affiliates.

Stepan Company is an American manufacturer of specialty chemicals headquartered in Northbrook, Illinois. The company was founded in 1932 by Alfred C. Stepan, Jr., and has approximately 2,000 employees. It is currently run by his grandson, F. Quinn Stepan, Jr. The company describes itself as the largest global merchant manufacturer of anionic surfactants, which are used to enhance the foaming and cleaning capabilities of detergents, shampoos, toothpastes, and cosmetics.

HG vs SCL — Head-to-Head

Bigger by revenue
HG
HG
1.3× larger
HG
$758.9M
$604.5M
SCL
Growing faster (revenue YoY)
SCL
SCL
+3.2% gap
SCL
1.9%
-1.3%
HG
Higher net margin
HG
HG
14.3% more per $
HG
17.6%
3.3%
SCL
Faster 2-yr revenue CAGR
HG
HG
Annualised
HG
13.6%
4.2%
SCL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HG
HG
SCL
SCL
Revenue
$758.9M
$604.5M
Net Profit
$133.5M
$19.7M
Gross Margin
10.7%
Operating Margin
4.7%
Net Margin
17.6%
3.3%
Revenue YoY
-1.3%
1.9%
Net Profit YoY
19.7%
EPS (diluted)
$1.31
$0.86

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HG
HG
SCL
SCL
Q1 26
$758.9M
$604.5M
Q4 25
$728.3M
$553.9M
Q3 25
$667.6M
$590.3M
Q2 25
$740.8M
$594.7M
Q1 25
$768.8M
$593.3M
Q4 24
$570.5M
$525.6M
Q3 24
$512.8M
$546.8M
Q2 24
$587.9M
$556.4M
Net Profit
HG
HG
SCL
SCL
Q1 26
$133.5M
$19.7M
Q4 25
$214.6M
$5.0M
Q3 25
$176.4M
$10.8M
Q2 25
$267.8M
$11.3M
Q1 25
$181.3M
$19.7M
Q4 24
$74.4M
$3.4M
Q3 24
$61.0M
$23.6M
Q2 24
$200.4M
$9.5M
Gross Margin
HG
HG
SCL
SCL
Q1 26
10.7%
Q4 25
9.3%
Q3 25
12.0%
Q2 25
12.1%
Q1 25
12.7%
Q4 24
10.8%
Q3 24
13.8%
Q2 24
12.5%
Operating Margin
HG
HG
SCL
SCL
Q1 26
4.7%
Q4 25
26.0%
1.9%
Q3 25
27.0%
3.7%
Q2 25
36.5%
3.0%
Q1 25
24.0%
4.8%
Q4 24
13.4%
1.5%
Q3 24
12.5%
4.4%
Q2 24
34.5%
3.4%
Net Margin
HG
HG
SCL
SCL
Q1 26
17.6%
3.3%
Q4 25
29.5%
0.9%
Q3 25
26.4%
1.8%
Q2 25
36.1%
1.9%
Q1 25
23.6%
3.3%
Q4 24
13.0%
0.6%
Q3 24
11.9%
4.3%
Q2 24
34.1%
1.7%
EPS (diluted)
HG
HG
SCL
SCL
Q1 26
$1.31
$0.86
Q4 25
$1.67
$0.22
Q3 25
$1.32
$0.47
Q2 25
$1.79
$0.50
Q1 25
$0.77
$0.86
Q4 24
$0.35
$0.14
Q3 24
$0.74
$1.03
Q2 24
$1.20
$0.42

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HG
HG
SCL
SCL
Cash + ST InvestmentsLiquidity on hand
$842.5M
Total DebtLower is stronger
$328.4M
Stockholders' EquityBook value
$2.7B
$1.2B
Total Assets
$9.9B
$2.3B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HG
HG
SCL
SCL
Q1 26
$842.5M
Q4 25
$1.1B
$132.7M
Q3 25
$955.1M
$118.5M
Q2 25
$985.6M
$88.9M
Q1 25
$838.5M
$107.5M
Q4 24
$996.5M
$99.7M
Q3 24
$957.4M
$147.3M
Q2 24
$1.0B
$124.7M
Total Debt
HG
HG
SCL
SCL
Q1 26
$328.4M
Q4 25
$149.7M
$626.7M
Q3 25
$149.7M
$655.5M
Q2 25
$149.7M
$658.0M
Q1 25
$150.0M
$659.3M
Q4 24
$149.9M
$625.4M
Q3 24
$149.9M
$688.5M
Q2 24
$149.9M
$657.1M
Stockholders' Equity
HG
HG
SCL
SCL
Q1 26
$2.7B
$1.2B
Q4 25
$2.8B
$1.2B
Q3 25
$2.7B
$1.2B
Q2 25
$2.6B
$1.2B
Q1 25
$2.4B
$1.2B
Q4 24
$2.3B
$1.2B
Q3 24
$2.3B
$1.2B
Q2 24
$2.2B
$1.2B
Total Assets
HG
HG
SCL
SCL
Q1 26
$9.9B
$2.3B
Q4 25
$9.6B
$2.4B
Q3 25
$9.2B
$2.4B
Q2 25
$8.9B
$2.4B
Q1 25
$8.3B
$2.4B
Q4 24
$7.8B
$2.3B
Q3 24
$7.8B
$2.4B
Q2 24
$7.6B
$2.3B
Debt / Equity
HG
HG
SCL
SCL
Q1 26
0.28×
Q4 25
0.05×
0.50×
Q3 25
0.06×
0.53×
Q2 25
0.06×
0.53×
Q1 25
0.06×
0.55×
Q4 24
0.06×
0.53×
Q3 24
0.06×
0.56×
Q2 24
0.07×
0.55×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HG
HG

Segment breakdown not available.

SCL
SCL

Surfactants$453.7M75%
Polymers$130.0M22%
Specialty Products$20.8M3%

Related Comparisons