StepStone Group Inc. (STEP) vs Victory Capital Holdings, Inc. (VCTR)

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 $6.5B against $5.3B — 1.2× the size. StepStone Group Inc. has negative trailing earnings, so its P/E is not meaningful; Victory Capital Holdings, Inc. trades at 19.8×. Victory Capital Holdings, Inc. grew revenue faster over the last twelve months: 51.5% against 48.5%. Victory Capital Holdings, Inc. has the higher net margin (22.7% vs −30.5%) and the higher return on invested capital (12.3% vs −42.5%). Both pay a dividend; Victory Capital Holdings, Inc. yields more (3.93% vs 2.50%). Across the 19 metrics below, Victory Capital Holdings, Inc. leads on 15 and StepStone Group Inc. on 4.