StepStone Group Inc. is an investment firm specializing in direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, and 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, consumer staples, financials, telecommunication services, energy, infrastructure, real estate, 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. It typically invests between $15 million and $200 million in firms with enterprise value between $150 million and $25000 million. 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. StepStone Group Inc. was founded in 2007 and is based in New York, New York with additional offices across North America, South America, Europe, Australia, and Asia.

Thomas Keck

StepStone Group Inc.

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StepStone Group (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to our clients. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds, and insurance companies, as well as prominent endowments, foundations, family offices, and private wealth clients, which include high-net-worth and mass affluent individuals. StepStone partners with its clients to develop and build private market portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt, and real estate asset classes.

Metric
Company Name	StepStone Group Inc.	Explorer Equity Group	Axel Springer SE
Symbol	STEP
MSH ID	COM:STEPSTONEGROUP	COM:EXPLOREREQUITY	DE:AXELSPRINGER
Market	STOCKS	PRIVATE	PRIVATE
Sector	Financial Services	Financial Services & Finance	Commercial & Professional Services
Industry	Asset Management	Investment Management	Media & Publishing
Country	US	US	DE
Stage		Funding Round
Employee Count	990
Website	stepstonegroup.com	explorerequity.com	axelspringer.de
LinkedIn	stepstone-group	explorer-equity-group-llc
Founders

Metric
Market Cap	3.00B
Enterprise Value
Monthly Web Traffic		1.05K	49.62K
Web Traffic Growth			-0.36
Valuation
Raised Capital			551.67M

Metric
Revenue	710.60M
Revenue (LTM)
Revenue (NTM)
Gross Profit	663.01M
EBITDA	249.86M
Operating Income	202.27M
Net Income	58.09M
EPS	0.92
Diluted EPS	0.91
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.90
Operating Profit Margin	0.18
EBITDA Margin	0.35
Net Profit Margin	0.16
Return on Equity	0.11
Return on Assets	0.02
Return on Capital Employed	0.06

COM:STEPSTONEGROUP

StepStone Group

Last Close

66.01

22/11 21:00

Market Cap

3.00B

Beta: -

Volume Today

284.55K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	23.10
P/B Ratio	2.64
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	9.97
EV Multiple	31.69

Metric
Days Sales Outstanding	969.63
Days Payables Outstanding	125.50
Days Inventory Outstanding	587.83
Operating Cycle	1.51K
Cash Conversion Cycle	1.30K
Asset Turnover	0.19

Metric
Operating Cash Flow	244.74M
Free Cash Flow	225.13M
Cash Flow to Debt	1.10
Operating Cash Flow/Sales	0.29
Free Cash Flow Yield	0.03

Metric
Cash & Equivalents	182.31M
Accounts Receivable	-27.83M
Inventory
Goodwill	580.54M
Debt to Capitalization	0.34
Debt to Assets	0.07
Current Ratio	1.04
Quick Ratio	19.95

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.06
R&D to Revenue
SG&A to Revenue	0.33