STEP StepStone Group Inc. - Class A Common Stock

NASDAQ · Financial Services · View on SEC EDGAR ↗
$41.13
Price · Jul 2, 2026
Fundamentals as of May 27, 2026

STEP Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$41.13
Market Cap
P/E (TTM)
-7.0
EPS (TTM)
$-6.78
Revenue (TTM)
$1.99B
Div Yield
ROE
457.6%
Debt/Equity
52W Range
$39 – $78

STEP Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $1.99B
8-point trend, +677.9%
2019-03-31 2026-03-31
EPS $-6.78
6-point trend, -429.1%
2021-03-31 2026-03-31
Free Cash Flow $64M
6-point trend, -56.9%
2021-03-31 2026-03-31
Margins -26.9%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
STEP
Peer Median
P/E (TTM)
5-point trend, -181.8%
-7.0
11.1

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
STEP
Peer Median
Net Profit Margin
5-point trend, -289.3%
-26.9%
31.4%
ROA
5-point trend, -234.1%
-9.4%
3.6%
ROE
5-point trend, +1159.1%
457.6%
8.6%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
STEP
Peer Median

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
STEP
Peer Median
Revenue YoY
5-point trend, +46.0%
69.7%
Revenue CAGR 3Y
5-point trend, +46.0%
-4.9%
Revenue CAGR 5Y
5-point trend, +46.0%
20.4%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
STEP
Peer Median
EPS (Diluted)
5-point trend, -276.6%
$-6.78

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
STEP
Peer Median
Payout Ratio
5-point trend, -278.6%
-22.0%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
Payout Ratio
-22.0%
5Y Div CAGR
Ex-dateAmount
June 15, 2026$0.8300
Feb. 27, 2026$0.2800
Nov. 28, 2025$0.2800
Aug. 29, 2025$0.2800
June 13, 2025$0.6400
Feb. 28, 2025$0.2400
Nov. 29, 2024$0.2400
Aug. 30, 2024$0.2400
June 14, 2024$0.3600
Feb. 28, 2024$0.2100
Nov. 29, 2023$0.2100
Aug. 30, 2023$0.2100
June 14, 2023$0.4500
Feb. 27, 2023$0.2000
Nov. 29, 2022$0.2000
Aug. 30, 2022$0.2000
June 14, 2022$0.2000
Feb. 25, 2022$0.1500
Nov. 29, 2021$0.1500
Aug. 30, 2021$0.0700

STEP Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 14 analysts
  • Strong Buy 3 21.4%
  • Buy 9 64.3%
  • Hold 2 14.3%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

8 analysts · 2026-07-03
Median target $70.00 +70.2%
Mean target $72.50 +76.3%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.07%
Next Report
Aug 05, 2026
Period EPS Actual EPS Est Surprise
Dec. 31, 2026 $0.57 $0.52
March 31, 2026 $0.57 $0.52 0.05%
Dec. 31, 2025 $0.65 $0.60 0.05%
Sept. 30, 2025 $0.54 $0.49 0.05%
June 30, 2025 $0.40 $0.43 -0.03%
March 31, 2025 $0.68 $0.45 0.23%

Peer Comparison Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
STEP -7.0 69.7% -26.9% 457.6%
AMG 12.7 1.6% 34.5% 21.8%
BXSL $6.11B 10.7 9.0%
VCTR $4.05B 15.5 46.2% 25.3% 13.5%
OBDC $6.21B 10.0 8.3%
OTF $6.75B 7.9 9.0%
MAIN $5.43B 15.3 16.8%
HLNE 6.5% 32.8% 30.5%
FHI 10.2 10.3% 22.4% 34.9%
CNS $3.20B 21.1 7.5% 27.6% 28.5%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 14
Annual Income Statement data for STEP
Metric Trend 2026202520242023202220212020
Revenue 7-point trend, +346.4% $1.99B $1.17B $712M $-68M $1.37B $788M $447M
SG&A Expense 7-point trend, +257.6% $187M $177M $167M $147M $110M $48M $52M
Operating Expenses 7-point trend, +923.9% $3.02B $1.44B $540M $-67M $913M $460M $295M
Interest Expense 5-point trend, -8.6% · · $9M $4M $1M $7M $10M
Interest Income 7-point trend, +724.0% $12M $11M $4M $2M $337.0K $413.0K $1M
Other Non-op 7-point trend, +151.4% $697.0K $-33M $2M $-1M $2M $220.0K $-1M
Pretax Income 7-point trend, -699.1% $-891M $-222M $195M $-41M $513M $338M $149M
Income Tax 7-point trend, -3839.4% $-148M $-49M $28M $4M $28M $23M $4M
Net Income 7-point trend, -535808000.00 $-536M $-180M $58M $-18M $194M $63M $0
EPS (Basic) 6-point trend, -421.3% $-6.78 $-2.52 $0.91 $-0.30 $3.89 $2.11 ·
EPS (Diluted) 6-point trend, -429.1% $-6.78 $-2.52 $0.91 $-0.30 $3.84 $2.06 ·
Shares (Basic) 6-point trend, +166.5% 79,039,229 71,142,916 63,489,135 61,884,671 49,833,760 29,657,805 ·
Shares (Diluted) 6-point trend, +137.5% 79,039,229 71,142,916 66,544,038 61,884,671 53,600,250 33,274,804 ·
EBITDA 6-point trend, +732.2% $46M $45M $48M $47M $27M $5M ·
Balance Sheet 14
Annual Balance Sheet data for STEP
Metric Trend 2026202520242023202220212020
Cash & Equivalents 3-point trend, +29.4% · · · · $116M $180M $90M
PP&E (Net) 7-point trend, +140.1% $26M $30M $30M $16M $13M $10M $11M
PP&E (Gross) 7-point trend, +153.2% $45M $43M $39M $29M $22M $19M $18M
Accum. Depreciation 7-point trend, +174.6% $18M $13M $10M $13M $9M $9M $7M
Goodwill 7-point trend, +8447.4% $581M $581M $581M $581M $581M $7M $7M
Intangibles 7-point trend, +2426.0% $223M $264M $305M $355M $398M $5M $9M
Total Assets 7-point trend, +893.3% $6.76B $4.59B $3.79B $3.50B $4.19B $1.32B $681M
Total Liabilities 7-point trend, +1224.0% $5.88B $2.81B $1.92B $1.84B $2.36B $661M $444M
Long-term Debt 6-point trend, +88.1% · $269M $149M $98M $63M $0 $143M
Paid-in Capital 6-point trend, +155.4% $482M $421M $310M $611M $587M $189M ·
Retained Earnings 7-point trend, -896879000.00 $-897M $-243M $14M $160M $230M $60M $0
AOCI 7-point trend, +542.1% $1M $728.0K $304.0K $461.0K $658.0K $155.0K $178.0K
Stockholders' Equity 6-point trend, -265.8% $-414M $179M $324M $772M $818M $249M ·
Liabilities + Equity 7-point trend, +893.3% $6.76B $4.59B $3.79B $3.50B $4.19B $1.32B $681M
Cash Flow 18
Annual Cash Flow data for STEP
Metric Trend 2026202520242023202220212020
D&A 7-point trend, +546.1% $46M $45M $48M $47M $27M $5M $7M
Stock-based Comp 7-point trend, +84368.0% $1.62B $650M $39M $25M $14M $8M $2M
Deferred Tax 7-point trend, -114078.9% $-195M $-75M $9M $-12M $6M $16M $-171.0K
Amort. of Intangibles 7-point trend, +716.0% $41M $41M $42M $44M $24M $3M $5M
Other Non-cash 6-point trend, -1606.6% $-866M $-376M $7M $110M $-26M $57M ·
Operating Cash Flow 7-point trend, +0.8% $66M $65M $162M $151M $214M $149M $66M
CapEx 7-point trend, +213.0% $3M $5M $20M $6M $2M $1M $837.0K
Investing Cash Flow 7-point trend, +1946.6% $733M $-43M $-47M $-31M $-210M $-11M $36M
Net Debt Issued · · · · · $-147M ·
Stock Issued 4-point trend, +3677000.00 $4M $3M $0 $0 · · ·
Stock Repurchased 3-point trend, +8715000.00 $9M $0 $0 · · · ·
Net Stock Activity 2-point trend, -299.8% $-5M $3M · · · · ·
Dividends Paid 7-point trend, +117764000.00 $118M $76M $68M $50M $24M $2M $0
Financing Cash Flow 7-point trend, +171.8% $37M $87M $-58M $-108M $-70M $-45M $-52M
Net Change in Cash 7-point trend, +1581.4% $829M $107M $53M $12M $-66M $94M $49M
Taxes Paid $42M · · · · · ·
Free Cash Flow 6-point trend, -56.9% $64M $60M $142M $146M $212M $148M ·
Levered FCF 4-point trend, -5.2% · · $134M $141M $211M $141M ·
Profitability 5
Annual Profitability data for STEP
Metric Trend 2026202520242023202220212020
Net Margin 6-point trend, -438.1% -26.9% -15.3% 8.2% 27.2% 14.2% 8.0% ·
Pretax Margin 6-point trend, -204.2% -44.7% -18.9% 27.5% 61.4% 37.5% 42.9% ·
EBITDA Margin 6-point trend, +227.1% 2.3% 3.9% 6.7% -70.2% 2.0% 0.70% ·
ROA 6-point trend, -250.8% -9.4% -4.3% 1.6% -0.48% 7.0% 6.3% ·
ROE 6-point trend, +810.9% 457.6% -71.3% 10.6% -2.3% 36.3% 50.2% ·
Efficiency 1
Annual Efficiency data for STEP
Metric Trend 2026202520242023202220212020
Asset Turnover 6-point trend, -55.4% 0.4 0.3 0.2 -0.0 0.5 0.8 ·
Per Share 5
Annual Per Share data for STEP
Metric Trend 2026202520242023202220212020
Revenue / Share 6-point trend, +6.5% $25.22 $16.51 $10.69 $-1.09 $25.48 $23.67 ·
Cash Flow / Share 6-point trend, -81.3% $0.84 $0.91 $2.43 $2.44 $4.00 $4.49 ·
Dividend / Share 6-point trend, +2014.3% $1 $1 $1 $1 $0 $0 ·
Dividend Paid / Share 6-point trend, +2014.3% $1 $1 $1 $1 $0 $0 ·
EPS (TTM) 6-point trend, -429.1% $-6.78 $-2.52 $0.91 $-0.30 $3.84 $2.06 ·
Growth Rates 8
Annual Growth Rates data for STEP
Metric Trend 2026202520242023202220212020
Revenue YoY 3-point trend, -5.0% 69.7% 65.1% · · 73.4% · ·
Revenue CAGR 3Y 2-point trend, -46.8% · -4.9% -3.3% · · · ·
Revenue CAGR 5Y 20.4% · · · · · ·
EPS YoY · · · · 86.4% · ·
EPS CAGR 3Y · · -23.8% · · · ·
Net Income YoY · · · · 209.5% · ·
Net Income CAGR 3Y · · -2.5% · · · ·
Dividend CAGR 5Y 124.9% · · · · · ·
Valuation (TTM) 6
Annual Valuation (TTM) data for STEP
Metric Trend 2026202520242023202220212020
Revenue TTM 6-point trend, +153.1% $1.99B $1.17B $712M $-68M $1.37B $788M ·
Net Income TTM 6-point trend, -955.5% $-536M $-180M $58M $-18M $194M $63M ·
P/E 6-point trend, -141.1% -7.0 -20.7 39.3 -80.9 8.6 17.1 ·
Earnings Yield 6-point trend, -343.3% -14.2% -4.8% 2.5% -1.2% 11.6% 5.8% ·
Payout Ratio 6-point trend, -772.2% -22.0% -42.2% 117.9% -271.6% 12.3% 3.3% ·
Annual Payout 6-point trend, +5653.0% $118M $76M $68M $50M $24M $2M ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2026-03-312025-03-312024-03-312023-03-312022-03-31
Revenue $1.99B$1.17B$712M$-68M$1.37B
Net Income $-536M$-180M$58M$-18M$194M
Diluted EPS $-6.78$-2.52$0.91$-0.30$3.84
Cash Flow
2026-03-312025-03-312024-03-312023-03-312022-03-31
Free Cash Flow $64M$60M$142M$146M$212M

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