StepStone Group Inc. (STEP) vs Victory Capital Holdings, Inc. (VCTR)
- StepStone Group Inc. STEP 41.64 −2.51%
- Victory Capital Holdings, Inc. VCTR 108.60 −0.64%
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 $6.7B 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 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; StepStone Group Inc. yields more (4.13% vs 1.82%). Across the 18 metrics below, Victory Capital Holdings, Inc. leads on 14 and StepStone Group Inc. on 4.
Valuation
Profitability
| Metric | STEP | VCTR | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | (58.22%) | 41.33% | 33.42% |
| Net margin | (30.53%) | 22.65% | 13.37% |
| Free cash flow margin | (21.88%) | 36.16% | 12.36% |
| Return on equity | (55.72%) | 14.59% | 4.79% |
| Return on assets | (9.77%) | 8.38% | 1.55% |
| Return on invested capital | (42.51%) | 12.30% | 2.97% |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack