StepStone Group Inc. (STEP) is a publicly traded company in the Financial Services — Asset Management industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
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...
Is StepStone Group Inc. stock overvalued or undervalued in 2026?
As of November 3, 2026, StepStone Group Inc. (STEP) trades at $44.38 with no positive earnings over the last twelve months, according to Kaplio. No valuation verdict: it has no earnings to calculate a P/E from.
Kaplio overview: StepStone Group Inc.
Market cap $6B · 52 weeks $40 – $76 (40% below the high) · P/E no earnings · 2027 est. P/E 18.1× · Dividend 2.0% (regular, at the current rate) · Next earnings November 5, 2026 · expected EPS $0.56 · Closing price, Nov 3 · accounts published Aug 6.
- Valuation: P/Sales 2.3× (no earnings).
- Business: ROE 156.7% (excellent).
- Balance sheet: Debt/Equity −2.91 (solid).
- Earnings: 4 of 8 (uneven).
Where would it trade at its usual multiples?
No valuation verdict: it has no earnings to calculate a P/E from.
What matters in financial services: 2 of 4 pass
- 5y revenue growth −1.3%, fails.
- Operating margin −51.3%, fails.
- ROE 156.7%, passes.
- Debt / Equity −2.91, passes.
Against its peers (reference peers) — StepStone Group Inc.: P/E —; EV/EBITDA —; ROIC -17.4%; $5.7B. Hamilton Lane Incorporated (P/E 13.2×; EV/EBITDA 9.1×; ROIC 79.7%; $4.9B), The Carlyle Group Inc. (P/E 42.5×; EV/EBITDA 28.1×; ROIC 2.8%; $14.6B), Ares Management Corporation (P/E 84.8×; EV/EBITDA 26.8×; ROIC 4.6%; $42.3B).
Dividend
tight (only raised recently) · Yield (regular, at the current rate) 2.0% · plus $0.83 special dividend in May 2026 · $0.84 per share in 2026 · Years raising it 2 · 5-year growth +64% a year · Free cash flow coverage 1.8× (last three fiscal years) · With $1,000 invested today you'd collect $20.10 a year ($1.67 a month).
Profitability
| Return on Equity | 156.73% |
| Return on Invested Capital | -17.40% |
| Return on Assets | -7.89% |
| Gross Margin | 60.90% |
| Operating Margin | -58.22% |
| Net Margin | -30.53% |
Financial Health
| Debt / Equity | -2.91 |
| Current Ratio | 24.59 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 0.20 |
Price Performance
| 1 month | -3.69% |
| 3 months | -11.82% |
| Year-to-date | -30.84% |
| 1 year | -28.22% |
| 3 years | +53.03% |
| 5 years | -7.02% |
Dividend History
Paid in the last 12 months: $1.72 per share in 4 payments.
| Date | Amount |
|---|---|
| August 31, 2026 | $0.33 |
| June 15, 2026 | $0.83 |
| February 27, 2026 | $0.28 |
| November 28, 2025 | $0.28 |
| August 29, 2025 | $0.28 |
| June 13, 2025 | $0.64 |
| February 28, 2025 | $0.24 |
| November 29, 2024 | $0.24 |
| August 30, 2024 | $0.24 |
| June 14, 2024 | $0.36 |
Amounts adjusted for stock splits.
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Explore sector: Financial Services · Asset Management
More sections of STEP: Financials · Valuation · Estimates · Technical · Ownership
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