StepStone Group (STEP) Financials: Revenue & Earnings
STEP$42.01+0.07 +0.17%
$5.42B
Market Cap
-5.43
P/E
17.15
Forward P/E
62
Score
StepStone Group (STEP) Financials: Revenue & Earnings
STEP price $42.01 +0.07 +0.17%
- Ticker
- STEP
- Price
- $42.01
- Change
- +0.07 +0.17%
- Market cap ?
- $5.42B
- P/E ?
- -5.43
- Forward P/E ?
- 17.15
- Dividend yield ?
- 4.11%
- Beta ?
- 1.28
- Sector
- Financial Services
- Industry
- Asset Management
- Stocklytics score
- 62
- Value
- 55
- Quality
- 34
- Growth
- 98
Stocklytics score rationale: value 55, quality 34, growth 98.
Financials
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 163059000 | 264275000 | 256268000 | 446611000 | 787716000 | 1365525000 | -67574000 | 711631000 | 1174830000 | 1993603000 |
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…
Fair value
STEP fair value $31.09. Price $42.01. Price is 35% above fair value.
Below fair value, around its usual discount.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 88.53M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 11.36% (beta 1.3). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 129.08M. Net debt 186.94M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-05 | — | 0.56 | — | 327.67M |
| 2026-08-06 | 0.48 | 0.50 | 300.60M | 309.32M |
| 2026-05-20 | 0.57 | 0.52 | 305.84M | 292.11M |
| 2026-02-05 | 0.65 | 0.60 | 494.50M | 395.05M |
| 2025-11-06 | 0.54 | 0.49 | 282.34M | 272.32M |
| 2025-08-07 | 0.40 | 0.43 | 237.47M | 238.45M |
| 2025-05-22 | 0.68 | 0.44 | 295.86M | 229.37M |
| 2025-02-06 | 0.44 | 0.47 | 243.91M | 225.96M |
| 2024-11-07 | 0.45 | 0.47 | 208.79M | 210.53M |
| 2024-08-08 | 0.48 | 0.35 | 221.16M | 181.15M |
| 2024-05-23 | 0.33 | 0.28 | 177.36M | 162.47M |
| 2024-02-08 | 0.37 | 0.26 | 185.12M | 151.64M |
| 2023-11-06 | 0.26 | 0.28 | 149.80M | 152.54M |
| 2023-08-03 | 0.26 | 0.28 | 152.78M | 150.87M |
| 2023-05-24 | 0.24 | 0.28 | 152.94M | 145.36M |
| 2023-02-09 | 0.27 | 0.28 | 148.10M | 143.23M |
| 2022-11-03 | 0.33 | 0.27 | 150.64M | 146.40M |
| 2022-08-04 | 0.41 | 0.32 | 190.30M | 142.51M |
| 2022-05-26 | 0.38 | 0.40 | 364.69M | 180.97M |
| 2022-02-08 | 0.42 | 0.35 | 410.46M | 152.62M |
| 2021-11-09 | 0.40 | 0.30 | 281.76M | 106.26M |
| 2021-08-10 | 0.41 | 0.23 | 308.61M | 234.35M |
| 2021-06-15 | 0.25 | 0.17 | 359.07M | 82.78M |
| 2021-02-09 | 0.28 | 0.17 | 247.15M | 78.35M |
| 2020-11-10 | 0.19 | 0.17 | 242.91M | 214.34M |
| 2020-09-16 | -2.12 | — | -61.41M | — |
| 2020-03-31 | 4.51 | — | 143.94M | — |
| 2019-12-31 | 0.65 | — | 71.22M | — |
| 2019-09-30 | 1.59 | — | 131.87M | — |
| 2019-06-30 | 0.97 | — | 99.58M | — |
| 2019-03-31 | 0.00 | — | 46.05M | — |
| 2018-12-31 | 0.43 | — | 70.20M | — |
Dividends
Yield 4.09%. Payout ratio —. Frequency Semi-Annual.
Safety score 57/100 · Moderate. Payout ratio is not reported, so this part stays neutral. Dividends are larger than free cash flow. Dividends were paid in 6 separate years. Yield is 4.1%, in a range that is usually sustainable.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-08-31 | $0.33 | 2026-08-31 | 2026-09-15 | Semi-Annual |
| 2026-06-15 | $0.83 | 2026-06-15 | 2026-06-30 | Special |
| 2026-02-27 | $0.28 | 2026-02-27 | 2026-03-13 | Quarterly |
| 2025-11-28 | $0.28 | 2025-11-28 | 2025-12-15 | Quarterly |
| 2025-08-29 | $0.28 | 2025-08-29 | 2025-09-15 | Semi-Annual |
| 2025-06-13 | $0.64 | 2025-06-13 | 2025-06-30 | Special |
| 2025-02-28 | $0.24 | 2025-02-28 | 2025-03-14 | Quarterly |
| 2024-11-29 | $0.24 | 2024-11-29 | 2024-12-13 | Quarterly |
| 2024-08-30 | $0.24 | 2024-08-30 | 2024-09-13 | Semi-Annual |
| 2024-06-14 | $0.36 | 2024-06-14 | 2024-06-28 | Special |
| 2024-02-28 | $0.21 | 2024-02-29 | 2024-03-15 | Quarterly |
| 2023-11-29 | $0.21 | 2023-11-30 | 2023-12-15 | Quarterly |
| 2023-08-30 | $0.21 | 2023-08-31 | 2023-09-15 | Semi-Annual |
| 2023-06-14 | $0.45 | 2023-06-15 | 2023-06-30 | Special |
| 2023-02-27 | $0.20 | 2023-02-28 | 2023-03-15 | Quarterly |
| 2022-11-29 | $0.20 | 2022-11-30 | 2022-12-15 | Quarterly |
| 2022-08-30 | $0.20 | 2022-08-31 | 2022-09-15 | Quarterly |
| 2022-06-14 | $0.20 | 2022-06-15 | 2022-06-30 | Quarterly |
| 2022-02-25 | $0.15 | 2022-02-28 | 2022-03-15 | Quarterly |
| 2021-11-29 | $0.15 | 2021-11-30 | 2021-12-15 | Quarterly |
| 2021-08-30 | $0.07 | 2021-08-31 | 2021-09-15 | Quarterly |
| 2021-06-29 | $0.07 | 2021-06-30 | 2021-07-15 | Quarterly |
| 2021-03-18 | $0.07 | 2021-02-26 | — | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-09-30 | Park David Y | Buy | 70 | $36.89 | 2.58K |
| 2026-09-08 | Mitchell Steven R | Buy | 4.83K | $50.74 | 244.97K |
| 2026-09-08 | Brown Valerie Gay | Buy | 5.52K | $50.74 | 279.98K |
| 2026-09-08 | Hoffmeister David F | Buy | 5.62K | $50.74 | 284.96K |
| 2026-09-08 | Raymond Anne L | Buy | 5.12K | $50.74 | 259.99K |
| 2026-06-11 | McCabe Michael I | Buy | 23.11K | $42.44 | 980.92K |
| 2026-06-11 | McCabe Michael I | Buy | 96.89K | $41.71 | 4.04M |
| 2026-06-03 | Fernandez Jose A | Sell | 2.29K | $42.64 | 97.65K |
| 2026-06-02 | Fernandez Jose A | Sell | 85.20K | $46.41 | 3.95M |
| 2026-06-02 | Fernandez Jose A | Sell | 14.80K | $47.33 | 700.48K |
| 2026-06-01 | Fernandez Jose A | Sell | 28.32K | $47.90 | 1.36M |
| 2026-06-01 | Fernandez Jose A | Sell | 56.18K | $48.57 | 2.73M |
| 2026-06-01 | Fernandez Jose A | Sell | 12.12K | $49.78 | 603.18K |
| 2026-06-01 | Fernandez Jose A | Sell | 3.38K | $50.59 | 171.15K |
| 2026-03-31 | Park David Y | Buy | 64 | — | — |
| 2026-03-31 | Fernandez Jose A | Sell | 200.00K | $0.00 | 200 |
| 2026-03-31 | Fernandez Jose A | Sell | 200.00K | $0.00 | 200 |
| 2026-03-31 | Fernandez Jose A | Buy | 200.00K | $0.00 | 200 |
| 2026-03-13 | Keck Thomas | Buy | 7.15K | — | — |
| 2026-03-13 | Keathley Anthony | Buy | 1.61K | — | — |
| 2026-03-13 | Hart Scott W | Buy | 27.72K | — | — |
| 2026-03-13 | Park David Y | Buy | 22.18K | — | — |
| 2026-03-13 | Park David Y | Buy | 9.81K | — | — |
| 2026-03-13 | McCabe Michael I | Buy | 7.15K | — | — |
| 2026-03-13 | Fernandez Jose A | Buy | 7.15K | — | — |
| 2026-03-13 | Ment Jason P | Buy | 15.53K | — | — |
| 2026-02-23 | Mitchell Steven R | Buy | 11.51K | $44.18 | 508.38K |
| 2026-02-23 | Mitchell Steven R | Buy | 86 | $44.33 | 3.81K |
| 2026-02-23 | Mitchell Steven R | Buy | 1.20K | $44.65 | 53.58K |
| 2026-02-14 | Keathley Anthony | Sell | 296 | $56.76 | 16.80K |
| 2026-02-14 | Park David Y | Sell | 3.48K | $56.76 | 197.52K |
| 2026-01-26 | Hart Scott W | Sell | 4.62K | $71.99 | 332.31K |
| 2026-01-26 | Hart Scott W | Sell | 5.38K | $72.97 | 392.87K |
| 2025-12-26 | Hart Scott W | Sell | 10.00K | $66.17 | 661.70K |
| 2025-12-10 | McCabe Michael I | Sell | 108.54K | $66.15 | 7.18M |
| 2025-12-10 | McCabe Michael I | Sell | 9.30K | $66.82 | 621.43K |
| 2025-12-10 | McCabe Michael I | Sell | 74.21K | $66.14 | 4.91M |
| 2025-11-25 | Hart Scott W | Sell | 10.00K | $61.70 | 617.00K |
| 2025-11-13 | Fernandez Jose A | Sell | 55.44K | $62.18 | 3.45M |
| 2025-11-13 | Fernandez Jose A | Sell | 14.96K | $62.75 | 938.61K |
| 2025-11-12 | Fernandez Jose A | Sell | 6.59K | $61.73 | 406.55K |
| 2025-11-12 | Fernandez Jose A | Sell | 57.80K | $62.70 | 3.62M |
| 2025-11-12 | Fernandez Jose A | Sell | 6.02K | $63.17 | 380.28K |
| 2025-11-11 | Fernandez Jose A | Sell | 70.20K | $61.41 | 4.31M |
| 2025-11-11 | Fernandez Jose A | Sell | 200 | $62.07 | 12.41K |
| 2025-10-27 | Hart Scott W | Sell | 10.00K | $64.34 | 643.40K |
| 2025-10-01 | Park David Y | Buy | 109 | $45.81 | 4.99K |
| 2025-09-30 | Fernandez Jose A | Sell | 200.00K | — | — |
| 2025-09-30 | Fernandez Jose A | Sell | 200.00K | $0.00 | 200 |
| 2025-09-30 | Fernandez Jose A | Buy | 200.00K | — | — |
| 2025-09-30 | Keck Thomas | Sell | 30.62K | — | — |
| 2025-09-30 | Keck Thomas | Sell | 30.62K | — | — |
| 2025-09-30 | Keck Thomas | Buy | 30.62K | — | — |
| 2025-09-30 | Keck Thomas | Buy | 30.62K | — | — |
| 2025-09-25 | Hart Scott W | Sell | 8.59K | $64.62 | 555.02K |
| 2025-09-25 | Hart Scott W | Sell | 1.41K | $65.18 | 91.97K |
| 2025-09-11 | Park David Y | Sell | 1.00K | $63.26 | 63.26K |
| 2025-09-09 | Hoffmeister David F | Buy | 3.69K | — | — |
| 2025-09-09 | Brown Valerie Gay | Buy | 3.28K | — | — |
| 2025-09-09 | Raymond Anne L | Buy | 3.28K | — | — |
| 2025-08-25 | Hart Scott W | Sell | 10.00K | $61.44 | 614.40K |
| 2025-07-25 | Hart Scott W | Sell | 10.00K | $61.28 | 612.80K |
| 2025-07-10 | Hart Scott W | Sell | 10.00K | $60.29 | 602.90K |
| 2025-06-12 | McCabe Michael I | Sell | 67.72K | $56.54 | 3.83M |
| 2025-05-28 | McCabe Michael I | Sell | 199.64K | $59.92 | 11.96M |
| 2025-05-28 | McCabe Michael I | Sell | 100 | $60.46 | 6.05K |
| 2025-05-28 | McCabe Michael I | Sell | 51.38K | $59.90 | 3.08M |
| 2025-05-28 | Hart Scott W | Sell | 27.70K | $60.06 | 1.66M |
| 2025-05-28 | Ment Jason P | Sell | 34.69K | $60.14 | 2.09M |
| 2025-05-28 | Ment Jason P | Sell | 20.32K | $61.65 | 1.25M |
| 2025-05-28 | Ment Jason P | Sell | 600 | $62.02 | 37.21K |
| 2025-05-23 | Hart Scott W | Sell | 1.40K | $60.01 | 84.19K |
| 2025-05-23 | Ment Jason P | Sell | 900 | $60.00 | 54.00K |
| 2025-05-14 | Ment Jason P | Sell | 800 | $60.02 | 48.02K |
| 2025-05-14 | Hart Scott W | Sell | 900 | $60.01 | 54.01K |
| 2025-03-14 | Keathley Anthony | Buy | 838 | — | — |
| 2025-03-14 | Keck Thomas | Buy | 4.81K | — | — |
| 2025-03-14 | McCabe Michael I | Buy | 4.81K | — | — |
| 2025-03-14 | Park David Y | Buy | 5.52K | — | — |
| 2025-03-14 | Fernandez Jose A | Buy | 4.81K | — | — |
| 2025-03-14 | Ment Jason P | Buy | 7.19K | — | — |
| 2025-03-14 | Hart Scott W | Buy | 8.38K | — | — |
| 2025-02-20 | Hart Scott W | Sell | 6.81K | $61.00 | 415.65K |
| 2025-02-20 | Hart Scott W | Sell | 2.75K | $62.27 | 171.55K |
| 2025-02-20 | Hart Scott W | Sell | 431 | $62.79 | 27.06K |
| 2025-02-19 | Keathley Anthony | Sell | 538 | $63.00 | 33.89K |
| 2025-02-14 | Park David Y | Sell | 2.75K | $62.47 | 172.04K |
| 2025-02-14 | Keathley Anthony | Sell | 234 | $62.47 | 14.62K |
| 2024-12-31 | Keck Thomas | Sell | 50.00K | — | — |
| 2024-12-31 | Keck Thomas | Sell | 50.00K | — | — |
| 2024-12-04 | Hart Scott W | Sell | 37.51K | $62.80 | 2.36M |
| 2024-12-04 | Hart Scott W | Sell | 400 | $63.48 | 25.39K |
| 2024-12-03 | McCabe Michael I | Sell | 4.00K | $64.25 | 257.00K |
| 2024-12-03 | McCabe Michael I | Sell | 2.20K | $64.34 | 141.55K |
| 2024-12-03 | Hart Scott W | Sell | 19.29K | $63.11 | 1.22M |
| 2024-12-03 | Hart Scott W | Sell | 2.70K | $64.15 | 173.21K |
| 2024-12-03 | Hart Scott W | Sell | 100 | $64.85 | 6.48K |
| 2024-12-02 | McCabe Michael I | Sell | 500.00K | — | — |
| 2024-12-02 | McCabe Michael I | Sell | 500.00K | $0.00 | 500 |
| 2024-12-02 | McCabe Michael I | Sell | 250.00K | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 286, holders +16 vs prior quarter. Ownership 100.30%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 11.97M | 145.07K | +1.23% | 495.17M |
| MILLENNIUM MANAGEMENT LLC | 5.62M | -1.55M | -21.66% | 232.42M |
| WELLINGTON MANAGEMENT GROUP LLP | 5.19M | -50.11K | -0.96% | 214.66M |
| PRICE T ROWE ASSOCIATES INC /MD/ | 5.17M | 293.49K | +6.02% | 213.72M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 4.67M | 189.14K | +4.22% | 193.32M |
| VANGUARD CAPITAL MANAGEMENT LLC | 3.55M | 24.35K | +0.69% | 146.84M |
| STATE STREET CORP | 3.12M | 248.23K | +8.65% | 128.96M |
| CAPITAL WORLD INVESTORS | 2.52M | -747.51K | -22.85% | 104.39M |
| GEODE CAPITAL MANAGEMENT, LLC | 2.02M | 65.01K | +3.33% | 83.41M |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 1.93M | 15.54K | +0.81% | 79.83M |
| WESTFIELD CAPITAL MANAGEMENT CO LP | 1.73M | 551.45K | +46.81% | 71.53M |
| JPMORGAN CHASE & CO | 1.52M | 40.95K | +2.77% | 61.38M |
| GOLDMAN SACHS GROUP INC | 1.43M | 844.89K | +144.77% | 59.08M |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 1.39M | 67.97K | +5.14% | 57.54M |
| SAMLYN CAPITAL, LLC | 1.27M | 373.65K | +41.73% | 52.49M |
| CAPITAL RESEARCH GLOBAL INVESTORS | 1.23M | 437.04K | +54.98% | 50.95M |
| BALYASNY ASSET MANAGEMENT L.P. | 1.11M | -312.81K | -21.94% | 46.04M |
| MORGAN STANLEY | 1.08M | 337.30K | +45.15% | 44.85M |
| JUNTO CAPITAL MANAGEMENT LP | 1.08M | 222.95K | +26.05% | 44.61M |
| POINT72 ASSET MANAGEMENT, L.P. | 1.00M | 817.60K | +437.06% | 41.55M |
| WASATCH ADVISORS LP | 905.25K | -16.48K | -1.79% | 37.44M |
| BAMCO INC /NY/ | 828.91K | -1.66K | -0.20% | 34.28M |
| NORTHERN TRUST CORP | 802.24K | 75.21K | +10.34% | 33.18M |
| RAYMOND JAMES FINANCIAL INC | 735.94K | 1.93K | +0.26% | 30.44M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 689.49K | 689.49K | New | 28.52M |
Earnings and financials
StepStone Group Inc. (STEP) trades at $42.01, with a market cap of $5.42B and a trailing P/E of -5.43. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 163059000 | 264275000 | 256268000 | 446611000 | 787716000 | 1365525000 | -67574000 | 711631000 | 1174830000 | 1993603000 |
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