StepStone Group Inc. logo

StepStone Group Inc.

STEP

NASDAQFinancial ServicesAsset Management

Previous close

$49.99

+$1.15 · +2.35%

Aug 21, 4:00 PM ET

STEP company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

60

Fair Value

Momentum

25

Weakening

Sentiment

61

Bullish

Risk resilience

37

High Risk

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Company profile

Company website

StepStone Group Inc. is a private equity and venture capital firm specializing in primary, direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in private debt, venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, buyout investments in mature and middle market companies. It prefers to invest in natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, apparel, hotels, restaurants and leisure, media, retailing, power, utilities consumer staples, financials, telecommunication services, clean energy/renewables, transport, social, natural capital, infrastructure, corporate, real estate, credit and real asset. The firm invests globally with a focus on United States, North America, Europe, Asia, Latin America, Middle East, Africa, Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia region. The firm invests between 5% and 40% in emerging markets. For fund of fund investment, it seeks to invest in private equity funds, venture capital funds, Special situation funds, Real estate funds, Infrastructure funds, mezzanine funds, and turnaround/distressed funds. It considers investments in both domestic and international funds. It also seeks to make co-investments and follow-on investments and considers partial interests in funds. The firm seeks to make minority and majority investments. StepStone Group Inc. was founded in 2007 and is based in New York, New York with additional offices across North America, South America, South Korea, Europe, Australia and Asia.

Industry
Asset Management
Sector
Financial Services
Headquarters
US
CEO
Scott Hart
Listed since
Sep 16, 2020
Employees
1,355

Market position

Day range

Current $49.99

52-week range

Current $49.99

Open
$49.93
Previous close
$48.84
Volume
907.63K
0.69× average
Average volume
1.31M
Average daily volume
Market cap
6.45B USD
Beta
1.26
Market reference 1
50-day average
$44.8657
+11.42% above average
200-day average
$53.9496
-7.34% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.02B USD
P/E (TTM)
-6.48×
P/B (TTM)
-7.6×
P/S (TTM)
3.21×
EV / EBITDA
-4.55×
Earnings yield
-13.61%
Free cash flow yield
1.67%
Dividend yield
3.34%

Profitability & efficiency

Gross margin
60.90%
Operating margin
-58.22%
Net margin
-30.53%
Return on equity
126.07%
Return on assets
-7.71%
Return on invested capital
-18.65%

Financial health

Debt / equity
-2.91×
Current ratio
1.49×
Altman Z-score
0.26
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends84%-39%-162%-285%Gross margin, FY2022: 42.24%Gross margin, FY2023: -253.95%Gross margin, FY2024: 53.60%Gross margin, FY2025: -7.62%Gross margin, FY2026: 51.00%Operating margin, FY2022: 33.13%Operating margin, FY2023: 0.74%Operating margin, FY2024: 24.14%Operating margin, FY2025: -21.34%Operating margin, FY2026: -51.33%Net margin, FY2022: 14.20%Net margin, FY2023: 27.23%Net margin, FY2024: 8.16%Net margin, FY2025: -15.28%Net margin, FY2026: -26.15%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 42.24%. Gross margin FY2023 -253.95%. Gross margin FY2024 53.60%. Gross margin FY2025 -7.62%. Gross margin FY2026 51.00%. Operating margin FY2022 33.13%. Operating margin FY2023 0.74%. Operating margin FY2024 24.14%. Operating margin FY2025 -21.34%. Operating margin FY2026 -51.33%. Net margin FY2022 14.20%. Net margin FY2023 27.23%. Net margin FY2024 8.16%. Net margin FY2025 -15.28%. Net margin FY2026 -26.15%.

Income trends

Revenue

1.99B USD+69.69%

Operating income

−1.02B USD-308.17%

Net income

−521.36M USD-190.35%
Income trends across reported periods2.3B USD1.09B USD−118.28M USD−1.33B USDRevenue, FY2022: 1.37B USDRevenue, FY2023: −67.57M USDRevenue, FY2024: 711.63M USDRevenue, FY2025: 1.17B USDRevenue, FY2026: 1.99B USDOperating income, FY2022: 452.36M USDOperating income, FY2023: −497K USDOperating income, FY2024: 171.77M USDOperating income, FY2025: −250.72M USDOperating income, FY2026: −1.02B USDNet income, FY2022: 193.89M USDNet income, FY2023: −18.4M USDNet income, FY2024: 58.09M USDNet income, FY2025: −179.56M USDNet income, FY2026: −521.36M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 1.37B USD. Revenue FY2023 −67.57M USD. Revenue FY2024 711.63M USD. Revenue FY2025 1.17B USD. Revenue FY2026 1.99B USD. Operating income FY2022 452.36M USD. Operating income FY2023 −497K USD. Operating income FY2024 171.77M USD. Operating income FY2025 −250.72M USD. Operating income FY2026 −1.02B USD. Net income FY2022 193.89M USD. Net income FY2023 −18.4M USD. Net income FY2024 58.09M USD. Net income FY2025 −179.56M USD. Net income FY2026 −521.36M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue1.99B USD1.17B USD711.63M USD−67.57M USD1.37B USD
Cost of goods sold976.96M USD1.26B USD330.19M USD−239.18M USD788.7M USD
Gross profit1.02B USD−89.47M USD381.45M USD171.6M USD576.83M USD
Selling, general, and administrative2.04B USD161.25M USD209.67M USD172.1M USD124.46M USD
Operating expenses2.04B USD161.25M USD209.67M USD172.1M USD124.46M USD
Interest income11.83M USD10.85M USD3.66M USD1.92M USD337K USD
Interest expense18.5M USD12.7M USD9.33M USD4.19M USD1.11M USD
Depreciation and amortization34.29M USD45.49M USD47.59M USD47.44M USD26.98M USD
Operating income−1.02B USD−250.72M USD171.77M USD−497K USD452.36M USD
Net income−521.36M USD−179.56M USD58.09M USD−18.4M USD193.89M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
-4.33%
11 comparable reports
Latest EPS result
0.48
Estimate 0.5 · Miss by 4.76%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.770.32-0.13-0.59Q1 '25MissQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 0.44, estimate 0.47, surprise -6.38%, Miss. Q2 2025, reported May 22, 2025: actual 0.68, estimate 0.441, surprise +54.16%, Beat. Q3 2025, reported Aug 6, 2025: actual -0.494, estimate 0.426, surprise -215.76%, Miss. Q4 2025, reported Nov 6, 2025: actual 0.54, estimate 0.485, surprise +11.32%, Beat. Q1 2026, reported Feb 5, 2026: actual 0.65, estimate 0.6, surprise +8.33%, Beat. Q2 2026, reported May 20, 2026: actual 0.57, estimate 0.522, surprise +9.20%, Beat. Q3 2026, reported Aug 6, 2026: actual 0.48, estimate 0.504, surprise -4.76%, Miss. Q4 2026, reported Nov 5, 2026: actual —, estimate 0.57, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates515.96M412.23M308.51M204.78MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 339.02M USD, estimate 226.24M USD, surprise +49.85%, Beat. Q2 2025, reported May 22, 2025: actual 377.73M USD, estimate 229.37M USD, surprise +64.68%, Beat. Q3 2025, reported Aug 6, 2025: actual 364.29M USD, estimate 238.45M USD, surprise +52.77%, Beat. Q4 2025, reported Nov 6, 2025: actual 454.23M USD, estimate 272.32M USD, surprise +66.80%, Beat. Q1 2026, reported Feb 5, 2026: actual 494.5M USD, estimate 395.05M USD, surprise +25.17%, Beat. Q2 2026, reported May 20, 2026: actual 305.84M USD, estimate 292.11M USD, surprise +4.70%, Beat. Q3 2026, reported Aug 6, 2026: actual 300.6M USD, estimate 309.32M USD, surprise -2.82%, Miss. Q4 2026, reported Nov 5, 2026: actual —, estimate 330.13M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$65.17

30.37% upside
Past 12 months12-month forecastHigh $85.00Average $65.17Low $56.00

Rating distribution

8 ratings
Strong buy00%
Buy788%
Hold113%
Sell00%
Strong sell00%

Recent analyst actions

8 institutions

STEP news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.44

2025 complete year+300.0% since 2021

2026 partial: $1.11

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 31, 2026

$0.33

Quarterly

Record Aug 31, 2026 · Payment Sep 15, 2026

Dividend

Ex-dividend Jun 15, 2026

$0.83

Special

Record Jun 15, 2026 · Payment Jun 30, 2026

Dividend

Ex-dividend Feb 27, 2026

$0.28

Quarterly

Record Feb 27, 2026 · Payment Mar 13, 2026

Dividend

Ex-dividend Nov 28, 2025

$0.28

Quarterly

Record Nov 28, 2025 · Payment Dec 15, 2025

Dividend

Ex-dividend Aug 29, 2025

$0.28

Semi-Annual

Record Aug 29, 2025 · Payment Sep 15, 2025

Dividend

Ex-dividend Jun 13, 2025

$0.64

Special

Record Jun 13, 2025 · Payment Jun 30, 2025

STEP peers

ETFs holding STEP

Funds reporting this stock among their holdings, ordered by reported position size.

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