Main Street Capital Corporation (MAIN) vs StepStone Group Inc. (STEP)
Main Street Capital Corporation and StepStone Group Inc. are both Asset Management companies. Main Street Capital Corporation and StepStone Group Inc. are of similar size ($5.3B and $5.2B). StepStone Group Inc. has negative trailing earnings, so its P/E is not meaningful; Main Street Capital Corporation trades at 11.1×. StepStone Group Inc. grew revenue faster over the last twelve months: 48.5% against 3.00%. Main Street Capital Corporation has the higher net margin (78.5% vs −30.5%) and the higher return on invested capital (6.18% vs −42.5%). Both pay a dividend; Main Street Capital Corporation yields more (7.69% vs 2.50%). Across the 19 metrics below, Main Street Capital Corporation leads on 13 and StepStone Group Inc. on 6.
Valuation
Profitability
| Metric | MAIN | STEP | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 86.99% | (58.22%) | 33.03% |
| Net margin | 78.49% | (30.53%) | 13.53% |
| Free cash flow margin | (26.05%) | (21.88%) | 12.44% |
| Return on equity | 14.92% | (55.72%) | 4.83% |
| Return on assets | 8.04% | (9.77%) | 1.57% |
| Return on invested capital | 6.18% | (42.51%) | 3.04% |
Growth
Health
Dividend
Size
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