profit from every $100 of sales.

StepStone Group
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2026.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What StepStone Group sold, what it kept, and what it did with the cash.
Sales went from -$67.6 million in 2023 to $1.99 billion in 2026, with -$536 million of profit last year.
StepStone Group handed back more cash to shareholders than it generated last year.
StepStone Group vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
StepStone Group | No profit yet | ||
BlackRock | 33.8× · Expensive | ||
Blackstone | 50.7× · Expensive | ||
Investor | 8.4× · Cheap | ||
Brookfield | 73.4× · Very expensive |
AI analysis
An AI analyst reads StepStone Group's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 788 | 1,366 | -68 | 712 | 1,175 | 1,994 | |
| – | – | 172 | 381 | 580 | 906 | |
| – | – | -0 | 172 | -267 | -1,023 | |
| 351 | 541 | 10 | 252 | -164 | -827 | |
| 63 | 194 | -18 | 58 | -180 | -536 | |
| 2.06 | 3.84 | -0.30 | 0.91 | -2.52 | -6.78 | |
| – | – | -253.9% | 53.6% | 49.3% | 45.4% | |
| – | – | 0.7% | 24.1% | -22.7% | -51.3% | |
| 8.0% | 14.2% | 27.2% | 8.2% | -15.3% | -26.9% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Total assets | 1,321 | 4,188 | 3,497 | 3,789 | 4,587 | 6,763 |
| Cash | 180 | 116 | 129 | 182 | 289 | 1,118 |
| Total debt | 0 | 134 | 220 | 269 | 383 | 1,305 |
| Total liabilities | 661 | 2,364 | 1,844 | 1,916 | 2,812 | 5,877 |
| 249 | 818 | 772 | 324 | 179 | -414 | |
| 33 | 54 | 62 | 67 | 71 | 79 | |
| 109.3% | 42.7% | -3.0% | 27.3% | -29.4% | -77.3% | |
| 25.1% | 23.7% | -2.4% | 17.9% | -100.1% | 129.6% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 149 | 214 | 151 | 162 | 65 | 66 | |
| 1 | 2 | 6 | 20 | 5 | 3 | |
| 148 | 212 | 146 | 142 | 60 | 64 | |
| Dividends paid | 2 | 24 | 50 | 68 | 76 | 118 |
| – | – | – | 0 | 0 | 9 | |
| 8 | 14 | 25 | 39 | 650 | 1,618 |
Valuation
- –
- 19.9×
- –
- -11.2×
- 3.2×
- 99.3×
- –
- 1.0%
- -8.5%
- 2.8%
Profitability
- 45.4%
- -51.3%
- -26.9%
- -47.0%
- -25.6%
- 4.3%
- 783.6%
- -10.4%
- -30.6%
- –
Growth
- +20.4%
- –
- −57.8%
- –
- +24.5%
Financial health
- –
- -0.99
- 7.2%
- -58.4×
- 1.36
- 1.36
- 0.34
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $72.50
- Range
- $55.00 – $104.00
- 5 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Feb 5, 2026 | 0.65 | 0.60 | +8.3% |
| Nov 6, 2025 | 0.54 | 0.49 | +11.3% |
| Aug 6, 2025 | -0.49 | 0.43 | −215.8% |
| May 22, 2025 | 0.68 | 0.44 | +54.2% |
| Feb 6, 2025 | 0.44 | 0.47 | −6.4% |
| Nov 7, 2024 | 0.45 | 0.46 | −3.1% |
| Aug 8, 2024 | 0.48 | 0.36 | +33.3% |
| May 23, 2024 | 0.33 | 0.28 | +18.0% |
Paid per share, each year
$0.36 in 2021 → $1.44 in 2025
How safe it looks
-20.6% of its profit
Room to growStretchedMore than it earns: 184.4%
News
S&P 500, Nasdaq, Dow Futures Dip As Investors Step Back From AI And Tech With Nasdaq In Correction Territory — NVDA, AAPL, UBER, SOXX In FocusYahoo Finance · Nov 6, 2026Berkshire Hathaway Shares Just Rallied to Their Highest Level Since Warren Buffett Announced He Would Step Down as CEO, Closing Within 1.5% of Their All-Time High. Does That Rally Validate His Succession Plan?Yahoo Finance · Nov 1, 2026Apple, Super Micro, AMD, Palantir Step Up To Earnings Plate After Tech Sell-OffYahoo Finance · Oct 30, 2026Google cuts quantum errors 40-fold in step toward practical useSeeking Alpha · Oct 18, 2026Elon Musk may have just taken a major step toward consolidating his empireMarketWatch · Oct 16, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about StepStone Group
Is StepStone Group a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the StepStone Group AI analysis
What does StepStone Group do?
StepStone Group Inc. is an investment firm specializing in direct, fund of funds, secondary direct, and secondary indirect investments. It is in Asset Management, based in New York, NY, United States, with 1,310 employees.
Does StepStone Group pay a dividend?
Yes. At today's price the dividend is 2.8% a year. In 2026 it paid out $118 million in dividends.
Is StepStone Group stock halal?
No. StepStone Group does not pass our halal screen: its cash and receivables are 54% of its market value, at or above the 49% limit. How we check
How has StepStone Group stock done over the past year?
Down 19.7% over the past twelve months, to $49.12. It traded between $39.54 and $76.27 and is 35.6% below its high.
Who are StepStone Group's competitors?
The largest listed companies in the same industry are BlackRock, Blackstone, Investor and Brookfield. The peers table on this page compares their profit, growth and price with StepStone Group's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.



