StepStone Group Inc. (STEP) vs Victory Capital Holdings, Inc. (VCTR)
- StepStone Group Inc. STEP 48.00 +12.12%
- Victory Capital Holdings, Inc. VCTR 119.57 +6.37%
StepStone Group Inc. and Victory Capital Holdings, Inc. are both Asset Management companies. Victory Capital Holdings, Inc. is the larger, with a market value of $7.0B against $5.2B — 1.3× the size. StepStone Group Inc. has negative trailing earnings, so its P/E is not meaningful; Victory Capital Holdings, Inc. trades at 20.5×. StepStone Group Inc. grew revenue faster over the last twelve months: 48.5% against 36.9%. Victory Capital Holdings, Inc. has the higher net margin (21.8% vs −30.5%) and the higher return on invested capital (12.7% vs −42.5%). Both pay a dividend; StepStone Group Inc. yields more (4.03% vs 1.76%). Across the 18 metrics below, Victory Capital Holdings, Inc. leads on 13 and StepStone Group Inc. on 5.
Valuation
Profitability
| Metric | STEP | VCTR | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | (58.22%) | 40.39% | 27.27% |
| Net margin | (30.53%) | 21.82% | 11.89% |
| Free cash flow margin | (21.88%) | 38.97% | 5.96% |
| Return on equity | (55.72%) | 14.42% | 4.57% |
| Return on assets | (9.77%) | 8.23% | 1.40% |
| Return on invested capital | (42.51%) | 12.65% | 2.12% |
Growth
Health
Dividend
Size
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