Blue Owl Technology Finance Corp. (OTF) vs StepStone Group Inc. (STEP)
- Blue Owl Technology Finance Corp. OTF 9.38 −1.57%
- StepStone Group Inc. STEP 46.55 +8.74%
Blue Owl Technology Finance Corp. and StepStone Group Inc. are both Asset Management companies. StepStone Group Inc. is the larger, with a market value of $5.2B against $4.4B — 1.2× the size. StepStone Group Inc. has negative trailing earnings, so its P/E is not meaningful; Blue Owl Technology Finance Corp. trades at 12.2×. StepStone Group Inc. grew revenue faster over the last twelve months: 48.5% against 33.7%. Blue Owl Technology Finance Corp. has the higher net margin (27.1% vs −30.5%) and the higher return on invested capital (0.00% vs −42.5%). Both pay a dividend; Blue Owl Technology Finance Corp. yields more (14.7% vs 4.03%). Across the 18 metrics below, Blue Owl Technology Finance Corp. leads on 12 and StepStone Group Inc. on 6.
Valuation
Profitability
| Metric | OTF | STEP | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 0.00% | (58.22%) | 27.27% |
| Net margin | 27.11% | (30.53%) | 11.89% |
| Free cash flow margin | (116.08%) | (21.88%) | 5.96% |
| Return on equity | 4.61% | (55.72%) | 4.57% |
| Return on assets | 2.51% | (9.77%) | 1.40% |
| Return on invested capital | 0.00% | (42.51%) | 2.12% |
Growth
Health
Dividend
Size
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