STEP Financial ServicesBeta data

StepStone Group Inc.

$44.38-1.00%

Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026

Basics

Sector: Financial Services
Industry: Asset Management
Country: United States
Market cap: 5.7B USD
Enterprise value: 6.3B USD
Full-time employees: 1,355

Overall health

Drawback: less profitable than most peersless profitable than peers
Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.28 vs a peer median of 0.70) and less short-term liquidity (current ratio 0.64 vs a peer median of 2.02)higher risk: bigger price swings (beta 1.28 vs peers 0.70) and less liquidity (current ratio 0.64 vs peers 2.02)
Not enough data: growth

Would rank #231 of 232 fully scored financial services companies (bottom 1%)

Partial overall score — 3/4 categories available.

See how it ranks against its peers

Worth knowing

Negative shareholders' equity. Liabilities exceed assets on the balance sheet.
StepStone's liabilities exceed its assets on the balance sheet. Large share buybacks can cause this in healthy companies, but so can accumulated losses; either way, debt-based ratios need care.
Growing fast, still losing money. Revenue grew faster than 92% of peers, at an operating loss.
Revenue grew faster than 92% of peers, but the business runs at an operating loss (margin -51%).

StockQuotient Score

3/ 100

Oct 5 3 → Nov 4 3

Fundamentals: Yahoo Finance, not primary filings

Valuation

Is the price right?

6/100

Weak▲ 1 since Oct 27 close

3/3 inputs reported · High confidence

Why it changed since the Oct 27, 2026 close: Score 5 → 6

Peer companies moved+1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Weaker than most peers on:

▼ Earnings yield
▼ EBITDA yield
▼ FCF yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield-17.4%

Yahoo Finance · trailing 12 monthsNegative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.54Sector median: 0.0571 · MAD: 0.0371

EBITDA yield-17.7%

Yahoo Finance · trailing 12 monthsNegative (a loss or cash outflow), so it counts as zero whatever the share price50% base weight · Z-score -1.61Sector median: 0.0689 · MAD: 0.0428

Free cash flow yield-7.7%

Yahoo Finance · trailing 12 months · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.01Sector median: 0.0613 · MAD: 0.0605

Other data (not scored)

Book yield-14.8%

Yahoo FinanceOutlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.8352 · MAD: 0.4517

Growth

Is it growing?

Insufficient data

Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.

Profitability

Does it earn well?

1/100

Weak

3/3 inputs reported · High confidence

Why

Weaker than most peers on:

▼ ROA
▼ ROIC
▼ Operating margin

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin-51.3%

Yahoo Finance · fiscal year to Mar 2026Reported value33% base weight · Z-score -5.12Sector median: 0.2353 · MAD: 0.1462

Return on assets-11.6%

Yahoo Finance · trailing 12 monthsOutlier capped at sector 5th/95th percentile33% base weight · Z-score -3.22Sector median: 0.0256 · MAD: 0.0233

Return on invested capital-262.5%

Yahoo Finance · trailing 12 monthsOutlier capped at sector 5th/95th percentile33% base weight · Z-score -3.25Sector median: 0.0630 · MAD: 0.0518

Other data (not scored)

Gross margin-48.4%

Yahoo Finance · trailing 12 monthsOutlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.7878 · MAD: 0.2122

Return on equity-61.4%

Yahoo Finance · trailing 12 monthsOutlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.0939 · MAD: 0.0702

Risk

Debt, liquidity, price swings

Higher

Higher relative risk

3/3 inputs reported · High confidence

Why

Weaker than most peers on:

▼ Debt / equity
▼ Current ratio
▼ Beta

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta1.28

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -1.87Sector median: 0.7010 · MAD: 0.3115

Current ratio0.64×

Yahoo FinanceReported value33% base weight · Z-score -1.11Sector median: 2.0250 · MAD: 1.2470

Debt / equityUnavailable

Shareholders' equity is negative, so debt/equity counts as among the highest in its peer group33% base weight · Z-score -10.25Sector median: 0.5734 · MAD: 0.5454

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about StepStone

Is StepStone getting weaker?: Filing-by-filing changes are tracked only for companies that file with the US SEC. Its overall score is unchanged at 3/100 since Oct 28, 2026.
How is StepStone valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 6/100 against 432 financial services peers. Earnings yield -17.4% vs a peer median of 5.7% (weaker than 100% of peers).Earnings yield -17.4% vs peers 5.7% (weaker than 100% of peers).
Is StepStone growing?: Insufficient data: 1 of 3 inputs reported (at least 2 needed).
How profitable is StepStone?: Less profitable than most of its peers. Profitability scores 1/100 against 432 financial services peers. Return on assets -11.6% vs a peer median of 2.6% (weaker than 100% of peers).Return on assets -11.6% vs peers 2.6% (weaker than 100% of peers).
How risky is StepStone?: Higher risk relative to 432 financial services peers, judged on debt, liquidity and share-price swings. Current ratio 0.64× vs a peer median of 2.02× (weaker than 90% of peers).Current ratio 0.64× vs peers 2.02× (weaker than 90% of peers). A relative measure, not a bankruptcy probability.

Industry valuation context

Industry: Asset Management · 43 companies

Valuations in Asset Management are near the top of their range since 2016.

95% of months since 2016 were valued lower than now.
37% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +10% and earnings +13% (medians): prices and earnings moved broadly together.
Median price-to-sales is +31% vs the whole market, against a usual +6%.

2016Shaded: most expensive fifth of its range2026

Financials

Detailed annual statements come from structured SEC filing data, which most US companies and some foreign filers provide. They aren’t available for this company yet.

STEP price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

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Bringing the fundamentals into focus…

Overall health

Drawback: less profitable than most peersless profitable than peers

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.28 vs a peer median of 0.70) and less short-term liquidity (current ratio 0.64 vs a peer median of 2.02)higher risk: bigger price swings (beta 1.28 vs peers 0.70) and less liquidity (current ratio 0.64 vs peers 2.02)

Not enough data: growth

Would rank #231 of 232 fully scored financial services companies (bottom 1%)

Partial overall score — 3/4 categories available.

See how it ranks against its peers

Worth knowing

Negative shareholders' equity. Liabilities exceed assets on the balance sheet.

StepStone's liabilities exceed its assets on the balance sheet. Large share buybacks can cause this in healthy companies, but so can accumulated losses; either way, debt-based ratios need care.

Growing fast, still losing money. Revenue grew faster than 92% of peers, at an operating loss.

Revenue grew faster than 92% of peers, but the business runs at an operating loss (margin -51%).

Questions investors ask about StepStone

Is StepStone getting weaker?

Filing-by-filing changes are tracked only for companies that file with the US SEC. Its overall score is unchanged at 3/100 since Oct 28, 2026.

How is StepStone valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 6/100 against 432 financial services peers. Earnings yield -17.4% vs a peer median of 5.7% (weaker than 100% of peers).Earnings yield -17.4% vs peers 5.7% (weaker than 100% of peers).

Is StepStone growing?

Insufficient data: 1 of 3 inputs reported (at least 2 needed).

How profitable is StepStone?

Less profitable than most of its peers. Profitability scores 1/100 against 432 financial services peers. Return on assets -11.6% vs a peer median of 2.6% (weaker than 100% of peers).Return on assets -11.6% vs peers 2.6% (weaker than 100% of peers).

How risky is StepStone?

Higher risk relative to 432 financial services peers, judged on debt, liquidity and share-price swings. Current ratio 0.64× vs a peer median of 2.02× (weaker than 90% of peers).Current ratio 0.64× vs peers 2.02× (weaker than 90% of peers). A relative measure, not a bankruptcy probability.