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STEP US​
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  • Home
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STEP US​
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StepStone Group Inc. Class A(STEP US)

$47.45+4.6410.84%Ext:$47.38-0.070.15%(Market Closed · 23:28:04 UTC)
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StepStone Group Inc. Class A(STEP US)

$47.45+4.6410.84%Ext:$47.38-0.070.15%(Market Closed · 23:28:04 UTC)
Ask AI
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Financials & Metrics

FinancialsChartingShort InterestEmployees

StepStone Group Inc. Class A — Company Profile

StepStone Group Inc. is a private equity and venture capital firm specializing in primary, direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in private debt, venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, buyout investments in mature and middle market companies. It prefers to invest in natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, apparel, hotels, restaurants and leisure, media, retailing, power, utilities consumer staples, financials, telecommunication services, clean energy/renewables, transport, social, natural capital, infrastructure, corporate, real estate, credit and real asset. The firm invests globally with a focus on United States, North America, Europe, Asia, Latin America, Middle East, Africa, Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia region. The firm invests between 5% and 40% in emerging markets. For fund of fund investment, it seeks to invest in private equity funds, venture capital funds, Special situation funds, Real estate funds, Infrastructure funds, mezzanine funds, and turnaround/distressed funds. It considers investments in both domestic and international funds. It also seeks to make co-investments and follow-on investments and considers partial interests in funds. The firm seeks to make minority and majority investments. StepStone Group Inc. was founded in 2007 and is based in New York, New York with additional offices across North America, South America, South Korea, Europe, Australia and Asia.

Sector
Financials
Industry
Capital Markets
Exchange
UQ
CEO
Scott Hart
Headquarters
New York, NY, US
IPO Date
Sep 16, 2020
Employees
1,355
Website
www.stepstonegroup.com

Key Metrics

Price
$45.27
Market Cap
$5.84B
Revenue (TTM)
$1.99B
Net Income (TTM)
$-521357000.00
EPS (TTM)
-6.80
P/E (TTM)
-10.91
P/B (TTM)
-14.13
Dividend Yield
3.39%
ROE (TTM)
126.07%

StepStone Group Inc. Class A — Company Profile

StepStone Group Inc. is a private equity and venture capital firm specializing in primary, direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in private debt, venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, buyout investments in mature and middle market companies. It prefers to invest in natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, apparel, hotels, restaurants and leisure, media, retailing, power, utilities consumer staples, financials, telecommunication services, clean energy/renewables, transport, social, natural capital, infrastructure, corporate, real estate, credit and real asset. The firm invests globally with a focus on United States, North America, Europe, Asia, Latin America, Middle East, Africa, Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia region. The firm invests between 5% and 40% in emerging markets. For fund of fund investment, it seeks to invest in private equity funds, venture capital funds, Special situation funds, Real estate funds, Infrastructure funds, mezzanine funds, and turnaround/distressed funds. It considers investments in both domestic and international funds. It also seeks to make co-investments and follow-on investments and considers partial interests in funds. The firm seeks to make minority and majority investments. StepStone Group Inc. was founded in 2007 and is based in New York, New York with additional offices across North America, South America, South Korea, Europe, Australia and Asia.

Sector
Financials
Industry
Capital Markets
Exchange
UQ
CEO
Scott Hart
Headquarters
New York, NY, US
IPO Date
Sep 16, 2020
Employees
1,355
Website
www.stepstonegroup.com

Key Metrics

Price
$45.27
Market Cap
$5.84B
Revenue (TTM)
$1.99B
Net Income (TTM)
$-521357000.00
EPS (TTM)
-6.80
P/E (TTM)
-10.91
P/B (TTM)
-14.13
Dividend Yield
3.39%
ROE (TTM)
126.07%
ROA (TTM)
-7.71%
Operating Margin
-51.33%
Beta
1.35

Dividends

Last Dividend
$0.83
Last Yield
0.03%

Summary

StepStone Group Inc. is a private equity and venture capital firm specializing in primary, direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in private debt, venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, buyout investments in mature and middle market companies. It prefers to invest in natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, apparel, hotels, restaurants and leisure, media, retailing, power, utilities consumer staples, financials, telecommunication services, clean energy/renewables, transport, social, natural capital, infrastructure, corporate, real estate, credit and real asset. The firm invests globally with a focus on United States, North America, Europe, Asia, Latin America, Middle East, Africa, Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia region. The firm invests between 5% and 40% in emerging markets. For fund of fund investment, it seeks to invest in private equity funds, venture capital funds, Special situation funds, Real estate funds, Infrastructure funds, mezzanine funds, and turnaround/distressed funds. It considers investments in both domestic and international funds. It also seeks to make co-investments and follow-on investments and considers partial interests in funds. The firm seeks to make minority and majority investments. StepStone Group Inc. was founded in 2007 and is based in New York, New York with additional offices across North America, South America, South Korea, Europe, Australia and Asia.

Website
www.stepstonegroup.com
Location
New York, NY, US
Phone212 351 6100
Employees1,355
CEOScott Hart
Sector
Financials
Industry
Capital Markets
IPO DateSep 16, 2020

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(494)

Expand
  • 8-KResults of Operations and Financial Condition5 Nov
  • Form 4Park David Y1 Oct
  • Form 4Mitchell Steven R10 Sep
  • Form 4Brown Valerie Gay10 Sep
  • Form 4Hoffmeister David F10 Sep
  • Form 4Raymond Anne L10 Sep
  • 8-KSubmission of Matters to a Vote of Security Holders8 Sep
  • 10-QQ1ended 30 Jun 20267 Aug
  • 8-KResults of Operations and Financial Condition6 Aug
  • SC 13G/AStepStone Group Inc.31 Jul
  • ARSAnnual report to security holders21 Jul
  • DEFA14ADefinitive additional materials21 Jul
  • DEF 14ADefinitive proxy statement21 Jul
  • Form 4McCabe Michael I11 Jun
  • Form 4Fernandez Jose A3 Jun
  • 8-KUnregistered Sales of Equity Securities1 Jun
  • Form 144Fernandez Jose A1 Jun
  • 10-KFY 2026ended 31 Mar 202627 May
  • 8-KResults of Operations and Financial Condition20 May
  • SC 13G/AStepStone Group Inc.6 May

News

  • StepStone Group Inc. (STEP) Q2 2027 Earnings Call Transcript05:44AM
  • StepStone Group Q2 Earnings Call Highlights6 Nov
  • StepStone Group (STEP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates5 Nov
  • StepStone Group Inc. (STEP) Q2 Earnings and Revenues Top Estimates5 Nov
  • StepStone Group Reports Second Quarter Fiscal Year 2027 Results5 Nov
  • Wall Street's Insights Into Key Metrics Ahead of StepStone Group (STEP) Q2 Earnings4 Nov
  • StepStone Group Inc. (STEP) Earnings Expected to Grow: Should You Buy?29 Oct
  • Kroll and StepStone Launch Payment-in-Kind Indicators for Private Credit Benchmarks29 Oct
  • GID Industrial and StepStone Real Estate Complete a Manager-led Secondary Transaction of 8.0 Million-Square-Foot Industrial Portfolio26 Oct
  • StepStone Group to Announce Second Quarter Fiscal 2027 Results on November 5, 202622 Oct
  • CaliberCos (NASDAQ:CWD) vs. StepStone Group (NASDAQ:STEP) Critical Survey21 Oct
  • StepStone Group (NASDAQ:STEP) Shares Climb 5.1% – Here’s What Happened18 Oct
  • Summary Of Dividend Announcements: Q3 202615 Oct
  • StepStone Launches StepStone Total Portfolio Allocator, Bringing Institutional-Grade Private Markets Intelligence to Portfolio Construction14 Oct
  • StepStone Group: Attractive Yield At A Reasonable Price13 Oct
  • StepStone Group Appoints Yoshitaka Todoroki as Vice Chairman, Japan1 Oct
  • StepStone Group Inc. (NASDAQ:STEP) Stock Has Average Target Price of $69.00 According to Analysts1 Oct
  • Financial Contrast: StepStone Group (NASDAQ:STEP) and Portman Ridge Finance (NASDAQ:BCIC)30 Sep
  • StepStone Group (NASDAQ:STEP) & Trinity Capital (NASDAQ:TRIN) Financial Survey27 Sep
  • Stepstone Private Venture and Growth Fund Announces September Distribution17 Sep

Mentions in Filings

  • … ject Company (Issuer)) StepStone Private Venture and Growth Fund (Name of Filing Person(s)) Shares of Beneficial Interest (Title of Class of Securities) N/A (CUSIP Number of Class of Securities) Dean Caruvana <strong>StepStone Group</strong> Private Wealth LLC 128 S. Tryon Street, Ste. 1600 Charlotte, NC 28202 (704) 215-4300 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of the Filing Person(s) …
    StepStone Private Venture & Growth FundStepStone Group Inc. Class A·SC TO-I/A - Tender offer statement (issuer, amendment)·Q3 27·2 Nov
  • … ......... 100.00 121.97 91.32 126.80 171.66 175.80 (1) Represents the peer group used for the year ended December 31, 2025 and consists of the following companies: Main Street Capital, Compass Diversified Holdings, <strong>StepStone Group</strong>, Hercules Capital, Federated Hermes, Capital Southwest, Artisan Partners Asset Management, Trinity Capital, Hamilton Lane and GCM Grosvenor. The stock price performance included in this graph is not necessarily indica …
    Cannae Holdings, Inc.StepStone Group Inc. Class A·ARS - Annual report to security holders·FY25·30 Oct
  • … st”). ITEM 3. IDENTITY AND BACKGROUND OF FILING PERSON The name of the filing person (i.e., the Fund and the subject company) is StepStone Private Venture and Growth Fund. The Fund’s principal executive office is located at 128 S. Tryon Street, Suite 1600, Charlotte, NC 28202, and its telephone number is (704) 215-4300. The investment adviser of the Fund is <strong>StepStone Group</strong> Private Wealth LLC (in its capacity as such, the “Adviser”). The 3 ---
    StepStone Private Venture & Growth FundStepStone Group Inc. Class A·SC TO-I - Tender offer statement (issuer)·Q3 27·22 Oct
  • \* <strong>StepStone Group</strong> Private Wealth LLC does not render advice on tax and tax accounting matters to clients. This material is not intended or written to be used, and it cannot be used, with any taxpayer for the purpose of avoiding penalties which may be imposed on the taxpayer under U.S. federal tax laws. Federal and state tax laws are complex and constantly changing. You should always consult your legal or tax advisor for information concerning yo …
    StepStone Private Venture & Growth FundStepStone Group Inc. Class A·EX-99.(A)(1)(II) - SC TO-I - Tender offer statement (issuer)·Q3 27·22 Oct
  • … seeking RMDs by participating in the Fund’s tender offers must heed established tender offer deadlines and cannot expect extensions or exceptions. The deadlines apply to all shareholders. Please plan accordingly. \* <strong>StepStone Group</strong> Private Wealth LLC does not render advice on tax and tax accounting matters to clients. This material is not intended or written to be used, and it cannot be used, with any taxpayer for the purpose of avoiding penalti …
    StepStone Private Venture & Growth FundStepStone Group Inc. Class A·EX-99.(A)(1)(I) - SC TO-I - Tender offer statement (issuer)·Q3 27·22 Oct
  • … ts (Name of Subject Company (Issuer)) StepStone Private Markets (Name of Filing Person(s)) Shares of Beneficial Interest (Title of Class of Securities) N/A (CUSIP Number of Class of Securities) Dean Caruvana <strong>StepStone Group</strong> Private Wealth LLC 128 S. Tryon Street, Suite 1600 Charlotte, NC 28202 704-215-4300 (Name, Address, and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of the Filing Person(s) …
    StepStone Private MarketsStepStone Group Inc. Class A·SC TO-I/A - Tender offer statement (issuer, amendment)·Q2 27·23 Sep

Key Stats

Trading

Px/Chg 1D$45.27 / +1.25%
Avg Volume1.31M
Beta1.35
Mkt Cap5.84B
FD Mkt Cap6.50B

Float

Shrs Out/Float129.08M / 113.86M
Short Float0.05%
Days to Cover2.94
Stock Repurchased$8.71M

Current Valuation

EV7.33B
EV/EBITDA-8.86
EV/Sales3.68
P/B-14.13
P/S2.93
FCF Yield-0.41%
ROE126.07%
ROA-7.71%
Current Ratio1.49

Dividend

Cash$0.83
Yield3.39%
Yield (TTM)3.39%

Estimates

P/E-10.91
Est P/E0.00
Est EPS0.52
Est PEG0.00

Valuation

Metric5Yr AvgAug '22Aug '23Aug '24Aug '25Oct '26
PRICE-BASED RATIOS
Price / Earnings-206.517.36-99.5049.20-239.57-750.05
Price / Sales-0.071.05-27.094.0211.749.93
Price / Book Value4.701.752.378.8124.72-14.13
Price / Free Cash Flow-53.706.7312.5820.14-64.09-243.87
ENTERPRISE VALUE METRICS
Enterprise Value4,640.32,451.92,803.34,493.96,122.47,330.1
Enterprise Value / Sales-0.941.80-41.496.3116.2112.45
Enterprise Value / EBITDA390.854.53275.4317.811,184.00472.46
Enterprise Value / EBIT153.464.77-75.2321.95-982.581,798.37

Financials

Full Financials
Millions USD5Yr CAGR (%)Mar '22Mar '23Mar '24Mar '25Mar '26
INCOME STATEMENT
Revenue9.9%1,365.5-67.6711.61,174.81,993.6
Gross Income15.2%576.8171.6381.4-89.51,016.6
EBITDA—540.710.2252.3-205.2-883.5
EBIT—513.7-37.3204.7-250.7-917.8
Net Income—193.9-18.458.1-179.6-521.4
EPS (Diluted)—3.84-0.300.91-2.52-6.70
BALANCE SHEET
Cash & ST Inv76.1%116.4128.6181.6289.31,118.4
Total Assets12.7%4,188.13,497.43,788.84,586.76,762.7
Total Liabilities25.6%2,363.81,844.11,915.72,812.35,876.7
Total Shareholder Equity—817.6771.6324.5179.4-413.6
CASH FLOW
Net Operating Cash Flow-25.4%214.3151.2161.564.966.5
Cap Ex5.6%-2.1-5.6-19.6-5.1-2.6
Free Cash Flow-25.9%212.2145.6141.959.863.9

Enterprise Value Bridge

Millions USD6 Nov '26
Price (As of 6 Nov '26)47.43
Basic Shares129.08
Market Cap6,122.5
Diluted Shares80.30
Fully Diluted Shares Outstanding80.30
Fully Diluted Market Cap3,808.5
+Consolidated Debt1,305.4
−In-the-Money Convertible Debt—
+Capital Leases103.6
+Operating Leases—
−Cash & Equivalents-1,118.4
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,299.6
+Pension Liabilities—
Enterprise Value7,609.0

Segment data

Revenue

by Products and services

  • Management And Advisory Fees, Net46%
  • Carried Interest Allocation36%
  • Incentive Fees11%
  • Legacy Carried Interest Allocation7%

Revenue

by Geography

  • United States54%
  • Non-us46%

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ROA (TTM)
-7.71%
Operating Margin
-51.33%
Beta
1.35

Dividends

Last Dividend
$0.83
Last Yield
0.03%

Summary

StepStone Group Inc. is a private equity and venture capital firm specializing in primary, direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in private debt, venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, buyout investments in mature and middle market companies. It prefers to invest in natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, apparel, hotels, restaurants and leisure, media, retailing, power, utilities consumer staples, financials, telecommunication services, clean energy/renewables, transport, social, natural capital, infrastructure, corporate, real estate, credit and real asset. The firm invests globally with a focus on United States, North America, Europe, Asia, Latin America, Middle East, Africa, Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia region. The firm invests between 5% and 40% in emerging markets. For fund of fund investment, it seeks to invest in private equity funds, venture capital funds, Special situation funds, Real estate funds, Infrastructure funds, mezzanine funds, and turnaround/distressed funds. It considers investments in both domestic and international funds. It also seeks to make co-investments and follow-on investments and considers partial interests in funds. The firm seeks to make minority and majority investments. StepStone Group Inc. was founded in 2007 and is based in New York, New York with additional offices across North America, South America, South Korea, Europe, Australia and Asia.

Website
www.stepstonegroup.com
Location
New York, NY, US
Phone212 351 6100
Employees1,355
CEOScott Hart
Sector
Financials
Industry
Capital Markets
IPO DateSep 16, 2020

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(494)

Expand
  • 8-KResults of Operations and Financial Condition5 Nov
  • Form 4Park David Y1 Oct
  • Form 4Mitchell Steven R10 Sep
  • Form 4Brown Valerie Gay10 Sep
  • Form 4Hoffmeister David F10 Sep
  • Form 4Raymond Anne L10 Sep
  • 8-KSubmission of Matters to a Vote of Security Holders8 Sep
  • 10-QQ1ended 30 Jun 20267 Aug
  • 8-KResults of Operations and Financial Condition6 Aug
  • SC 13G/AStepStone Group Inc.31 Jul
  • ARSAnnual report to security holders21 Jul
  • DEFA14ADefinitive additional materials21 Jul
  • DEF 14ADefinitive proxy statement21 Jul
  • Form 4McCabe Michael I11 Jun
  • Form 4Fernandez Jose A3 Jun
  • 8-KUnregistered Sales of Equity Securities1 Jun
  • Form 144Fernandez Jose A1 Jun
  • 10-KFY 2026ended 31 Mar 202627 May
  • 8-KResults of Operations and Financial Condition20 May
  • SC 13G/AStepStone Group Inc.6 May

News

  • StepStone Group Inc. (STEP) Q2 2027 Earnings Call Transcript05:44AM
  • StepStone Group Q2 Earnings Call Highlights6 Nov
  • StepStone Group (STEP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates5 Nov
  • StepStone Group Inc. (STEP) Q2 Earnings and Revenues Top Estimates5 Nov
  • StepStone Group Reports Second Quarter Fiscal Year 2027 Results5 Nov
  • Wall Street's Insights Into Key Metrics Ahead of StepStone Group (STEP) Q2 Earnings4 Nov
  • StepStone Group Inc. (STEP) Earnings Expected to Grow: Should You Buy?29 Oct
  • Kroll and StepStone Launch Payment-in-Kind Indicators for Private Credit Benchmarks29 Oct
  • GID Industrial and StepStone Real Estate Complete a Manager-led Secondary Transaction of 8.0 Million-Square-Foot Industrial Portfolio26 Oct
  • StepStone Group to Announce Second Quarter Fiscal 2027 Results on November 5, 202622 Oct
  • CaliberCos (NASDAQ:CWD) vs. StepStone Group (NASDAQ:STEP) Critical Survey21 Oct
  • StepStone Group (NASDAQ:STEP) Shares Climb 5.1% – Here’s What Happened18 Oct
  • Summary Of Dividend Announcements: Q3 202615 Oct
  • StepStone Launches StepStone Total Portfolio Allocator, Bringing Institutional-Grade Private Markets Intelligence to Portfolio Construction14 Oct
  • StepStone Group: Attractive Yield At A Reasonable Price13 Oct
  • StepStone Group Appoints Yoshitaka Todoroki as Vice Chairman, Japan1 Oct
  • StepStone Group Inc. (NASDAQ:STEP) Stock Has Average Target Price of $69.00 According to Analysts1 Oct
  • Financial Contrast: StepStone Group (NASDAQ:STEP) and Portman Ridge Finance (NASDAQ:BCIC)30 Sep
  • StepStone Group (NASDAQ:STEP) & Trinity Capital (NASDAQ:TRIN) Financial Survey27 Sep
  • Stepstone Private Venture and Growth Fund Announces September Distribution17 Sep

Mentions in Filings

  • … ject Company (Issuer)) StepStone Private Venture and Growth Fund (Name of Filing Person(s)) Shares of Beneficial Interest (Title of Class of Securities) N/A (CUSIP Number of Class of Securities) Dean Caruvana <strong>StepStone Group</strong> Private Wealth LLC 128 S. Tryon Street, Ste. 1600 Charlotte, NC 28202 (704) 215-4300 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of the Filing Person(s) …
    StepStone Private Venture & Growth FundStepStone Group Inc. Class A·SC TO-I/A - Tender offer statement (issuer, amendment)·Q3 27·2 Nov
  • … ......... 100.00 121.97 91.32 126.80 171.66 175.80 (1) Represents the peer group used for the year ended December 31, 2025 and consists of the following companies: Main Street Capital, Compass Diversified Holdings, <strong>StepStone Group</strong>, Hercules Capital, Federated Hermes, Capital Southwest, Artisan Partners Asset Management, Trinity Capital, Hamilton Lane and GCM Grosvenor. The stock price performance included in this graph is not necessarily indica …
    Cannae Holdings, Inc.StepStone Group Inc. Class A·ARS - Annual report to security holders·FY25·30 Oct
  • … st”). ITEM 3. IDENTITY AND BACKGROUND OF FILING PERSON The name of the filing person (i.e., the Fund and the subject company) is StepStone Private Venture and Growth Fund. The Fund’s principal executive office is located at 128 S. Tryon Street, Suite 1600, Charlotte, NC 28202, and its telephone number is (704) 215-4300. The investment adviser of the Fund is <strong>StepStone Group</strong> Private Wealth LLC (in its capacity as such, the “Adviser”). The 3 ---
    StepStone Private Venture & Growth FundStepStone Group Inc. Class A·SC TO-I - Tender offer statement (issuer)·Q3 27·22 Oct
  • \* <strong>StepStone Group</strong> Private Wealth LLC does not render advice on tax and tax accounting matters to clients. This material is not intended or written to be used, and it cannot be used, with any taxpayer for the purpose of avoiding penalties which may be imposed on the taxpayer under U.S. federal tax laws. Federal and state tax laws are complex and constantly changing. You should always consult your legal or tax advisor for information concerning yo …
    StepStone Private Venture & Growth FundStepStone Group Inc. Class A·EX-99.(A)(1)(II) - SC TO-I - Tender offer statement (issuer)·Q3 27·22 Oct
  • … seeking RMDs by participating in the Fund’s tender offers must heed established tender offer deadlines and cannot expect extensions or exceptions. The deadlines apply to all shareholders. Please plan accordingly. \* <strong>StepStone Group</strong> Private Wealth LLC does not render advice on tax and tax accounting matters to clients. This material is not intended or written to be used, and it cannot be used, with any taxpayer for the purpose of avoiding penalti …
    StepStone Private Venture & Growth FundStepStone Group Inc. Class A·EX-99.(A)(1)(I) - SC TO-I - Tender offer statement (issuer)·Q3 27·22 Oct
  • … ts (Name of Subject Company (Issuer)) StepStone Private Markets (Name of Filing Person(s)) Shares of Beneficial Interest (Title of Class of Securities) N/A (CUSIP Number of Class of Securities) Dean Caruvana <strong>StepStone Group</strong> Private Wealth LLC 128 S. Tryon Street, Suite 1600 Charlotte, NC 28202 704-215-4300 (Name, Address, and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of the Filing Person(s) …
    StepStone Private MarketsStepStone Group Inc. Class A·SC TO-I/A - Tender offer statement (issuer, amendment)·Q2 27·23 Sep

Key Stats

Trading

Px/Chg 1D$45.27 / +1.25%
Avg Volume1.31M
Beta1.35
Mkt Cap5.84B
FD Mkt Cap6.50B

Float

Shrs Out/Float129.08M / 113.86M
Short Float0.05%
Days to Cover2.94
Stock Repurchased$8.71M

Current Valuation

EV7.33B
EV/EBITDA-8.86
EV/Sales3.68
P/B-14.13
P/S2.93
FCF Yield-0.41%
ROE126.07%
ROA-7.71%
Current Ratio1.49

Dividend

Cash$0.83
Yield3.39%
Yield (TTM)3.39%

Estimates

P/E-10.91
Est P/E0.00
Est EPS0.52
Est PEG0.00

Valuation

Metric5Yr AvgAug '22Aug '23Aug '24Aug '25Oct '26
PRICE-BASED RATIOS
Price / Earnings-206.517.36-99.5049.20-239.57-750.05
Price / Sales-0.071.05-27.094.0211.749.93
Price / Book Value4.701.752.378.8124.72-14.13
Price / Free Cash Flow-53.706.7312.5820.14-64.09-243.87
ENTERPRISE VALUE METRICS
Enterprise Value4,640.32,451.92,803.34,493.96,122.47,330.1
Enterprise Value / Sales-0.941.80-41.496.3116.2112.45
Enterprise Value / EBITDA390.854.53275.4317.811,184.00472.46
Enterprise Value / EBIT153.464.77-75.2321.95-982.581,798.37

Financials

Full Financials
Millions USD5Yr CAGR (%)Mar '22Mar '23Mar '24Mar '25Mar '26
INCOME STATEMENT
Revenue9.9%1,365.5-67.6711.61,174.81,993.6
Gross Income15.2%576.8171.6381.4-89.51,016.6
EBITDA—540.710.2252.3-205.2-883.5
EBIT—513.7-37.3204.7-250.7-917.8
Net Income—193.9-18.458.1-179.6-521.4
EPS (Diluted)—3.84-0.300.91-2.52-6.70
BALANCE SHEET
Cash & ST Inv76.1%116.4128.6181.6289.31,118.4
Total Assets12.7%4,188.13,497.43,788.84,586.76,762.7
Total Liabilities25.6%2,363.81,844.11,915.72,812.35,876.7
Total Shareholder Equity—817.6771.6324.5179.4-413.6
CASH FLOW
Net Operating Cash Flow-25.4%214.3151.2161.564.966.5
Cap Ex5.6%-2.1-5.6-19.6-5.1-2.6
Free Cash Flow-25.9%212.2145.6141.959.863.9

Enterprise Value Bridge

Millions USD6 Nov '26
Price (As of 6 Nov '26)47.43
Basic Shares129.08
Market Cap6,122.5
Diluted Shares80.30
Fully Diluted Shares Outstanding80.30
Fully Diluted Market Cap3,808.5
+Consolidated Debt1,305.4
−In-the-Money Convertible Debt—
+Capital Leases103.6
+Operating Leases—
−Cash & Equivalents-1,118.4
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,299.6
+Pension Liabilities—
Enterprise Value7,609.0

Segment data

Revenue

by Products and services

  • Management And Advisory Fees, Net46%
  • Carried Interest Allocation36%
  • Incentive Fees11%
  • Legacy Carried Interest Allocation7%

Revenue

by Geography

  • United States54%
  • Non-us46%

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