STEP: Stepstone Group Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Stepstone Group Inc (STEP).
$6.06B Market Cap.
STEP Market Cap. (MRY)
STEP Shares Outstanding (MRY)
STEP Assets (MRY)
Total Assets
$4.59B
Total Liabilities
$2.81B
Total Investments
$1.23B
STEP Income (MRY)
Revenue
$1.17B
Net Income
-$179.56M
Operating Expense
$177.35M
STEP Cash Flow (MRY)
CF Operations
$64.93M
CF Investing
-$43.48M
CF Financing
$87.48M
STEP Balance Sheet (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total Assets | $4,586,693,000 (21.06%) | $3,788,807,000 (8.33%) | $3,497,403,000 (-16.49%) | $4,188,125,000 (217.10%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $844,414,000 (-4.63%) | $885,415,000 (-5.32%) | $935,187,000 (-4.44%) | $978,668,000 (7867.66%) |
Shareholders Equity | $179,356,000 (-44.72%) | $324,476,000 (-57.95%) | $771,567,000 (-5.63%) | $817,625,000 (227.83%) |
Property Plant & Equipment Net | $91,841,000 (-6.06%) | $97,763,000 (-3.33%) | $101,130,000 (65.61%) | $61,065,000 (0%) |
Cash & Equivalents | $289,804,000 (58.96%) | $182,312,000 (40.76%) | $129,517,000 (10.28%) | $117,449,000 (-36.12%) |
Accumulated Other Comprehensive Income | $728,000 (139.47%) | $304,000 (-34.06%) | $461,000 (-29.94%) | $658,000 (324.52%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $1,227,933,000 (36.73%) | $898,098,000 (-2.00%) | $916,434,000 (-36.43%) | $1,441,626,000 (1838.22%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $173,594,000 (39.66%) | $124,300,000 (25.85%) | $98,772,000 (84.59%) | $53,510,000 (35.23%) |
Trade & Non-Trade Payables | $421,552,000 (23.86%) | $340,335,000 (15.44%) | $294,820,000 (5.33%) | $279,896,000 (73.58%) |
Accumulated Retained Earnings (Deficit) | -$242,546,000 (-1861.66%) | $13,768,000 (-91.42%) | $160,430,000 (-30.13%) | $229,615,000 (280.11%) |
Tax Assets | $382,886,000 (107.51%) | $184,512,000 (315.96%) | $44,358,000 (59.18%) | $27,866,000 (-68.84%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $382,787,000 (42.53%) | $268,561,000 (22.31%) | $219,575,000 (64.05%) | $133,844,000 (0%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $2,812,321,000 (46.81%) | $1,915,673,000 (3.88%) | $1,844,086,000 (-21.99%) | $2,363,795,000 (257.57%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
STEP Income Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Revenues | $1,174,830,000 (65.09%) | $711,631,000 (1153.11%) | -$67,574,000 (-104.95%) | $1,365,525,000 (73.35%) |
Cost of Revenue | $1,264,295,000 (239.37%) | $372,543,000 (273.89%) | -$214,236,000 (-126.69%) | $802,695,000 (95.27%) |
Selling General & Administrative Expense | $177,354,000 (6.00%) | $167,317,000 (13.70%) | $147,159,000 (33.21%) | $110,468,000 (127.84%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $177,354,000 (6.00%) | $167,317,000 (13.70%) | $147,159,000 (33.21%) | $110,468,000 (127.84%) |
Interest Expense | $12,701,000 (36.12%) | $9,331,000 (122.75%) | $4,189,000 (276.37%) | $1,113,000 (-84.88%) |
Income Tax Expense | -$49,208,000 (-278.45%) | $27,576,000 (621.70%) | $3,821,000 (-86.50%) | $28,300,000 (21.69%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$172,827,000 (-202.98%) | $167,820,000 (470.67%) | -$45,275,000 (-109.35%) | $484,281,000 (53.94%) |
Net Income to Non-Controlling Interests | $6,736,000 (-93.86%) | $109,729,000 (508.26%) | -$26,877,000 (-109.26%) | $290,396,000 (15.26%) |
Net Income | -$179,563,000 (-409.11%) | $58,091,000 (415.75%) | -$18,398,000 (-109.49%) | $193,885,000 (209.55%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$179,563,000 (-409.11%) | $58,091,000 (415.75%) | -$18,398,000 (-109.49%) | $193,885,000 (209.55%) |
Weighted Average Shares | $71,142,916 (12.06%) | $63,489,135 (2.59%) | $61,884,671 (24.18%) | $49,833,760 (68.03%) |
Weighted Average Shares Diluted | $71,142,916 (6.91%) | $66,544,038 (7.53%) | $61,884,671 (15.46%) | $53,600,250 (61.08%) |
Earning Before Interest & Taxes (EBIT) | -$216,070,000 (-327.45%) | $94,998,000 (1014.50%) | -$10,388,000 (-104.65%) | $223,298,000 (139.46%) |
Gross Profit | -$89,465,000 (-126.38%) | $339,088,000 (131.20%) | $146,662,000 (-73.94%) | $562,830,000 (49.43%) |
Operating Income | -$266,819,000 (-255.33%) | $171,771,000 (34661.57%) | -$497,000 (-100.11%) | $452,362,000 (37.84%) |
STEP Cash Flow Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$43,475,000 (8.18%) | -$47,347,000 (-53.69%) | -$30,807,000 (85.35%) | -$210,241,000 (-1782.87%) |
Net Cash Flow from Financing | $87,481,000 (250.89%) | -$57,978,000 (46.33%) | -$108,021,000 (-53.35%) | -$70,439,000 (-55.47%) |
Net Cash Flow from Operations | $64,928,000 (-59.80%) | $161,522,000 (6.84%) | $151,183,000 (-29.45%) | $214,281,000 (43.52%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $107,492,000 (103.60%) | $52,795,000 (337.48%) | $12,068,000 (118.17%) | -$66,414,000 (-170.71%) |
Net Cash Flow - Business Acquisitions and Disposals | $4,432,000 (150.52%) | -$8,772,000 (0.59%) | -$8,824,000 (95.43%) | -$193,112,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$42,808,000 (-125.69%) | -$18,968,000 (-15.96%) | -$16,357,000 (-8.61%) | -$15,061,000 (-51.90%) |
Capital Expenditure | -$5,100,000 (73.99%) | -$19,607,000 (-248.44%) | -$5,627,000 (-167.57%) | -$2,103,000 (-67.17%) |
Issuance (Repayment) of Debt Securities | $124,960,000 (149.92%) | $50,000,000 (42.86%) | $35,000,000 (-46.15%) | $65,000,000 (144.22%) |
Issuance (Purchase) of Equity Shares | $2,521,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$75,840,000 (-10.76%) | -$68,474,000 (-37.02%) | -$49,973,000 (-109.32%) | -$23,874,000 (-1066.29%) |
Effect of Exchange Rate Changes on Cash | -$1,442,000 (57.61%) | -$3,402,000 (-1085.37%) | -$287,000 (-1813.33%) | -$15,000 (-101.37%) |
Share Based Compensation | $650,132,000 (1548.07%) | $39,448,000 (58.17%) | $24,940,000 (78.19%) | $13,996,000 (77.19%) |
Depreciation Amortization & Accretion | $45,489,000 (-4.41%) | $47,588,000 (0.31%) | $47,443,000 (75.86%) | $26,977,000 (390.94%) |
STEP Financial Metrics (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Gross Margin | -7.60% (-115.97%) | 47.60% (121.94%) | -217.00% (-626.70%) | 41.20% (-13.81%) |
Profit Margin | -15.30% (-286.59%) | 8.20% (-69.85%) | 27.20% (91.55%) | 14.20% (77.50%) |
EBITDA Margin | -14.50% (-172.50%) | 20.00% (136.50%) | -54.80% (-399.45%) | 18.30% (46.40%) |
Return on Average Equity (ROAE) | -62.30% (-807.95%) | 8.80% (466.67%) | -2.40% (-108.00%) | 30.00% (-22.08%) |
Return on Average Assets (ROAA) | -4.30% (-368.75%) | 1.60% (420.00%) | -0.50% (-108.77%) | 5.70% (-16.18%) |
Return on Sales (ROS) | -18.40% (-238.35%) | 13.30% (-13.64%) | 15.40% (-6.10%) | 16.40% (38.98%) |
Return on Invested Capital (ROIC) | -6.30% (-285.29%) | 3.40% (950.00%) | -0.40% (-104.76%) | 8.40% (-28.81%) |
Dividend Yield | 2.10% (-30.00%) | 3.00% (-9.09%) | 3.30% (153.85%) | 1.30% (550.00%) |
Price to Earnings Ratio (P/E) | -20.73 (-152.77%) | 39.27 (148.55%) | -80.9 (-1051.88%) | 8.5 (-49.16%) |
Price to Sales Ratio (P/S) | 3.16 (-0.82%) | 3.19 (114.35%) | -22.23 (-1943.03%) | 1.21 (-9.19%) |
Price to Book Ratio (P/B) | 33.77 (177.76%) | 12.16 (253.97%) | 3.44 (-21.56%) | 4.38 (-67.34%) |
Debt to Equity Ratio (D/E) | 15.68 (165.58%) | 5.9 (147.03%) | 2.39 (-17.33%) | 2.89 (9.05%) |
Earnings Per Share (EPS) | -2.52 (-376.92%) | 0.91 (403.33%) | -0.3 (-107.71%) | 3.89 (84.36%) |
Sales Per Share (SPS) | 16.51 (47.33%) | 11.21 (1126.47%) | -1.09 (-103.99%) | 27.4 (3.17%) |
Free Cash Flow Per Share (FCFPS) | 0.84 (-62.37%) | 2.23 (-4.97%) | 2.35 (-44.76%) | 4.26 (-14.70%) |
Book Value Per Share (BVPS) | 2.52 (-50.68%) | 5.11 (-59.01%) | 12.47 (-24.01%) | 16.41 (95.09%) |
Tangible Assets Book Value Per Share (TABVPS) | 52.6 (15.02%) | 45.73 (10.45%) | 41.4 (-35.71%) | 64.4 (45.97%) |
Enterprise Value Over EBIT (EV/EBIT) | -28 (-166.67%) | 42 (116.03%) | -262 (-1737.50%) | 16 (-52.94%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -35.52 (-226.20%) | 28.15 (-61.61%) | 73.31 (412.61%) | 14.3 (-55.24%) |
Asset Turnover | 0.28 (41.41%) | 0.2 (1142.11%) | -0.02 (-104.76%) | 0.4 (-53.39%) |
Current Ratio | - | - | - | - |
Dividends | $1.08 (0.00%) | $1.08 (35.00%) | $0.8 (81.82%) | $0.44 (528.57%) |
Free Cash Flow (FCF) | $59,828,000 (-57.84%) | $141,915,000 (-2.50%) | $145,556,000 (-31.40%) | $212,178,000 (43.32%) |
Enterprise Value (EV) | $6,059,091,083 (50.98%) | $4,013,250,976 (47.73%) | $2,716,635,639 (-24.10%) | $3,579,382,766 (13.44%) |
Earnings Before Tax (EBT) | -$228,771,000 (-367.05%) | $85,667,000 (687.69%) | -$14,577,000 (-106.56%) | $222,185,000 (158.69%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$170,581,000 (-219.63%) | $142,586,000 (284.80%) | $37,055,000 (-85.19%) | $250,275,000 (153.46%) |
Invested Capital | $3,835,262,000 (28.29%) | $2,989,641,000 (12.72%) | $2,652,274,000 (-17.78%) | $3,225,852,000 (186.84%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $3,742,279,000 (28.89%) | $2,903,392,000 (13.32%) | $2,562,216,000 (-20.17%) | $3,209,457,000 (145.28%) |
Market Capitalization | $6,057,478,083 (53.53%) | $3,945,413,976 (48.88%) | $2,650,115,639 (-25.98%) | $3,580,099,766 (7.05%) |
Average Equity | $288,398,000 (-56.42%) | $661,735,500 (-14.18%) | $771,065,500 (19.46%) | $645,469,500 (296.98%) |
Average Assets | $4,202,653,250 (16.77%) | $3,599,033,250 (-0.60%) | $3,620,580,500 (5.87%) | $3,419,752,000 (271.44%) |
Invested Capital Average | $3,405,800,000 (22.92%) | $2,770,798,000 (2.03%) | $2,715,646,000 (2.73%) | $2,643,555,250 (235.89%) |
Shares | 115,976,988 (5.06%) | 110,392,109 (1.10%) | 109,193,063 (0.83%) | 108,290,979 (14.21%) |
