StepStone Group Inc.
STEP Financial Asset Management
StepStone Group Inc.’s revenue for fiscal 2026 (year ended March 2026) was $2.0 billion, up 69.7% from fiscal 2025.
- Revenue
- +4.01%
- EPS
- −187.8%
- Free cash flow
- −1,113.7%
- Total debt
- +438.4%
Quarter to June 2026, against a year earlier
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StepStone Group Inc. (STEP) Free cash flow margin
StepStone Group Inc.'s free cash flow margin over the twelve months to 30 June 2026 was −21.9%, down 25.1 percentage points from fiscal 2026 (3.20%). Over the past ten years it has ranged from −215.4% (fiscal 2023) to 28.5% (fiscal 2017); the current reading is higher than 20% of that period. That is below the Asset Management industry median of 5.96% and below the Financial sector median of 11.4%.
Free cash flow margin, annual
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Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2026 | 3.20% | (1.89) |
| FY2025 | 5.09% | (14.85) |
| FY2024 | 19.9% | 235.34 |
| FY2023 | −215.4% | (230.94) |
| FY2022 | 15.5% | (3.25) |
| FY2021 | 18.8% | 4.22 |
| FY2020 | 14.6% | (4.32) |
| FY2019 | 18.9% | (2.05) |
| FY2018 | 20.9% | (7.59) |
| FY2017 | 28.5% | — |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| OBDC Blue Owl Capital Corporation compare | 146.5% |
| BXSL Blackstone Secured Lending Fund compare | 80.4% |
| HASI HA Sustainable Infrastructure Capital, Inc. compare | 45.1% |
| VCTR Victory Capital Holdings, Inc. compare | 39.0% |
| HLNE Hamilton Lane Inc. compare | 31.2% |
| FHI Federated Hermes, Inc. compare | 19.6% |
| STEP StepStone Group Inc. | −21.9% |
| MAIN Main Street Capital Corporation compare | −26.1% |
| OTF Blue Owl Technology Finance Corp. compare | −116.1% |
| Asset Management industry median | 5.96% |
| Financial sector median | 11.4% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on STEP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement