Valuation dashboard for StepStone Group Inc. (STEP) with P/E N/A, P/B -6.82, EV/EBITDA -7.1 and dividend yield 3.84%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Financial Services companies.
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...
Analysis Summary
StepStone Group Inc. reported revenue of $1.99B in the most recent fiscal year, growing at a 5-year CAGR of 20.4%.
Trailing-twelve-month margins: gross margin 60.9%, operating margin -58.2%, net margin -30.5%.
At $44.38 (closing price, November 3, 2026), STEP has negative trailing earnings (P/E not meaningful) and an ROE of 156.73%. Market capitalisation stands at $5.7B.
Balance sheet quality for STEP: debt-to-equity ratio of -2.91, current ratio of 24.59 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| Price / Book | -6.82 |
| EV / EBITDA | -7.1 |
| Dividend Yield | 3.84% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| STEP | StepStone Group Inc. | $5.7B | 156.7% | ||
| CG | The Carlyle Group Inc. | $14.6B | 42.50 | 2.04 | 6.1% |
| HLNE | Hamilton Lane Incorporated | $4.9B | 13.15 | 3.55 | 30.3% |
| BX | Blackstone Inc. | $137.8B | 26.09 | 10.87 | 40.8% |
| BN | Brookfield Corporation | $90.7B | 72.87 | 2.07 | 3.0% |
| KKR | KKR & Co. Inc. | $86.2B | 30.19 | 2.77 | 10.3% |
| BAM | Brookfield Asset Management Ltd. | $81.4B | 29.62 | 10.98 | 34.3% |
| ARES | Ares Management Corporation | $42.3B | 84.82 | 7.62 | 10.3% |
Price
| Price | $44.38 (closing price, November 3, 2026) |
| Market Cap | $5.7B |
| Exchange | NASDAQ |
| Country | US |
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% |
Related companies: CG · HLNE · BX · BN · KKR · BAM · ARES
Explore sector: Financial Services · Asset Management
More sections of STEP: Overview · Financials · Estimates · Technical · Ownership
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