Affiliated Managers Group, Inc. (AMG) vs StepStone Group Inc. (STEP)
- Affiliated Managers Group, Inc. AMG 356.89 +1.81%
- StepStone Group Inc. STEP 46.88 +9.51%
Affiliated Managers Group, Inc. and StepStone Group Inc. are both Asset Management companies. Affiliated Managers Group, Inc. is the larger, with a market value of $9.1B against $5.2B — 1.8× the size. StepStone Group Inc. has negative trailing earnings, so its P/E is not meaningful; Affiliated Managers Group, Inc. trades at 11.3×. StepStone Group Inc. grew revenue faster over the last twelve months: 48.5% against 11.8%. Affiliated Managers Group, Inc. has the higher net margin (37.7% vs −30.5%) and the higher return on invested capital (4.68% vs −42.5%). Both pay a dividend; StepStone Group Inc. yields more (4.03% vs 0.01%). Across the 18 metrics below, Affiliated Managers Group, Inc. leads on 13 and StepStone Group Inc. on 5.
Valuation
Profitability
| Metric | AMG | STEP | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 21.52% | (58.22%) | 27.27% |
| Net margin | 37.71% | (30.53%) | 11.89% |
| Free cash flow margin | 46.91% | (21.88%) | 5.96% |
| Return on equity | 21.21% | (55.72%) | 4.57% |
| Return on assets | 9.40% | (9.77%) | 1.40% |
| Return on invested capital | 4.68% | (42.51%) | 2.12% |
Growth
Health
Dividend
Size
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