Federated Hermes, Inc. (FHI) vs StepStone Group Inc. (STEP)
- Federated Hermes, Inc. FHI 55.85 −1.10%
- StepStone Group Inc. STEP 41.64 −2.51%
Federated Hermes, Inc. and StepStone Group Inc. are both Asset Management companies. StepStone Group Inc. is the larger, with a market value of $5.2B against $4.2B — 1.2× the size. StepStone Group Inc. has negative trailing earnings, so its P/E is not meaningful; Federated Hermes, Inc. trades at 10.4×. StepStone Group Inc. grew revenue faster over the last twelve months: 48.5% against 15.0%. Federated Hermes, Inc. has the higher net margin (20.3% vs −30.5%) and the higher return on invested capital (25.2% vs −42.5%). Both pay a dividend; StepStone Group Inc. yields more (4.13% vs 2.58%). Across the 18 metrics below, Federated Hermes, Inc. leads on 14 and StepStone Group Inc. on 4.
Valuation
Profitability
| Metric | FHI | STEP | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 27.11% | (58.22%) | 33.42% |
| Net margin | 20.33% | (30.53%) | 13.37% |
| Free cash flow margin | 18.97% | (21.88%) | 12.36% |
| Return on equity | 33.23% | (55.72%) | 4.79% |
| Return on assets | 17.55% | (9.77%) | 1.55% |
| Return on invested capital | 25.21% | (42.51%) | 2.97% |
Growth
Health
Dividend
Size
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