StepStone Group Inc. STEP
Investment Managers · IPO 2020 · data as of November 13, 2026
StepStone Group Inc. (STEP) is a financial company listed in the US with a market value of about $5.8B. In the twelve months to September 30, 2026 it had revenue of $2.3B and net income of -$318M, a net margin of -13.7%.
Its overall Stock Analiz score is 1.4 out of 5 (weak). The strongest part is future growth (2/5); the weakest is value (0/5).
Key numbers: 5-year revenue growth of 20% a year, a 5-year average ROIC of 8%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 79% below the current price.
Score: 1.4 / 5
Checks passed
- Revenue growth above 10% last year
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- ROE above 15%
- More cash than debt, or low debt to equity
- Pays a dividend
- Dividend 3 years in a row
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
Valuation
Growth and quality
Financials, last 8 years
| Fiscal year | TTM | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.3B | $2.0B | $1.2B | $712M | -$68M | $1.4B | $788M | $447M | $256M |
| Net income | -$318M | -$536M | -$180M | $58M | -$18M | $194M | $63M | $0 | $0 |
| Free cash flow | -$818M | $64M | $60M | $142M | $146M | $212M | $148M | $65M | $48M |
| EPS (diluted) | $-3.89 | $-6.78 | $-2.52 | $0.91 | $-0.30 | $3.84 | $2.06 | — | — |
| Net margin | -13.7% | -26.9% | -15.3% | 8.2% | 27.2% | 14.2% | 8.0% | 0.0% | 0.0% |
| ROIC | — | — | -37.0% | 24.9% | -0.0% | 44.9% | 122.5% | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 10 analysts is $65.60, 37% above the current price; targets range from $51.00 to $84.00; the consensus rating is “Strong buy”; expected EPS is $2.56 for the fiscal year ending March 31, 2027.
Frequently asked questions
Is StepStone Group stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 79% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does StepStone Group pay a dividend?
Yes. The dividend yield is about 2.76%, and it has paid dividends for 6 years in our data.
Is StepStone Group a good stock to buy?
We do not give buy or sell advice. StepStone Group scores 1.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.