StepStone Group Inc.
Our Company We are a global private markets investment firm focused on providing customized investment solutions and advisory and data services to our clients. Our clients include some of the world s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and p…
$42.42
-$0.54 (-1.26%)
Price from 2 days ago
The business is unprofitable at the operating level (-51.33% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 69.7%, still solid. Margins contracted 28.6pp, which offsets some of the top-line progress.
ROIC dropped from -36.49% to -172.69%, capital efficiency is deteriorating. Operating margin contracted 28.6pp YoY, cost discipline may be slipping.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$2.01B
▲ +69.7% YoY
Net Income (TTM)
-$613M
▼ -198.4% YoY
Op. Margin
-58.22%
▼ -28.6pp YoY
ROIC
-243.44%
▼ -136.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$439M
▲ +6.7% YoY
Op. Cash Flow (TTM)
-$437M
▲ +2.4% YoY
Net Debt
-$316M
Net Cash Position
Cash & Equiv.
$703M
5Y CAGR: +20.4%
5Y CAGR: -15.5%
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SourceComputed from the 10-Q filed 7 Aug 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 26 Sept 2026. How this is calculated.
Price from market data, last close as of 21 Oct 2026. Fiscal year ends Mar. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is StepStone Group (STEP) overvalued?
StepStone Group (STEP)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, StepStone Group scores 10/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 3.9%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is StepStone Group a high-quality business?+
StepStone Group scores 10 out of 100 on Intrinsiqq's quality score, a weighted blend of 5 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -58.2% operating margin and a -243.4% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does StepStone Group (STEP) pay a dividend, and how much?+
Yes, StepStone Group pays a regular dividend of about $1.66 per share per year (typically in quarterly installments), a yield of roughly 3.9% at the current price. StepStone Group has grown the dividend at roughly 49.0% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For STEP's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is StepStone Group a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh STEP's valuation and scores 10/100 on quality (lower-quality). It also yields about 3.9%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.
Related stocks: Investment Advice
Spot a number that looks wrong? Check it in STEP's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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