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StepStone Group Inc. STEP Invested capital

Discontinued — last reported Q1 '27

Invested capital at other companies

Oneok logo
OneokOKE
8.6%-0.2pp
Rithm Capital logo
Rithm CapitalRITM
3.2%0.0pp
Citigroup logo
CitigroupC
32.6%+2.0pp
Morgan Stanley logo
Morgan StanleyMS
16.9%+0.4pp
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
20.5%-0.7pp
American Express logo
American ExpressAXP
49.1%-10.0pp

Other financials

Income statement

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Revenue$378.9M+4.0%
Net income-$115.8M-201%
EPS (diluted)-$1.41-188%

Balance sheet

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Cash & equivalents$703.1M+187%
Total debt$391.5M+2.5%
Total equity-$539.2M-450%
Total assets$7.8B+62.4%

Cash flow

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Operating cash flow-$457.5M-1,089%
CapEx$549.0K-49.9%
Free cash flow-$458.1M-1,114%

Valuation

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Market cap$4.14B-9.7%
Enterprise value$3.83B-18.9%
P/S2.1×-1.3×

Profitability

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Net margin-30.5%+112pp
FCF margin11.8%

Returns & leverage

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Return on equity-88.8%-97.7pp
Debt / equity2.5×+1.7×

Where this comes from

Calculated from StepStone Group Inc.’s reported figures.

The source filing: StepStone Group Inc.’s 10-Q, filed August 7, 2026. Open the filing →

Filed
Aug 7, 2026, 4:02 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001628280-26-054818

FAQ

What is StepStone Group Inc.'s invested capital?
StepStone Group Inc. (STEP) reported invested capital of -$850.84M in Q2 2026.
How has StepStone Group Inc.'s invested capital changed year-over-year?
StepStone Group Inc.'s invested capital decreased by 392.0% year-over-year, from $291.36M to -$850.84M.
What is the long-term trend for StepStone Group Inc.'s invested capital?
Over 4 years (2022 to 2026), StepStone Group Inc.'s invested capital has grown at a 8.5% compound annual growth rate (CAGR), from $834.02M to -$1.15B.
What does invested capital mean?
Total debt plus shareholders' equity minus cash, at the quarter end. The capital actually put to work in the operating business — the denominator of return on invested capital (ROIC).

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