$43.63
+3.2%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.
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.
Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.
STEP โข NASDAQ
| StepStone Group Inc. Cash Flow Statement | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||||||
-172.8M | 58.1M | -45.3M | 484.3M | 314.6M | 144.8M | 60M | 83.8M | 40.3M | |
45.5M | 47.6M | 47.4M | 27M | 5.5M | 7.1M | 7.9M | 4.3M | 3M | |
-75.1M | 9.2M | -12.7M | 6.2M | 15.9M | 0.0 | 0.0 | 0.0 | -2.6M | |
650.1M | 74.7M | 24.9M | 14M | 7.9M | 1.9M | 1.7M | 189K | 599K | |
-363M | -46.9M | 169.5M | -308.6M | -223.9M | -81.5M | -16.4M | -93.8M | -30.1M | |
(14.1M) | (14.3M) | (29.5M) | (11.7M) | (3.4M) | (2.8M) | (1.7M) | (1.9M) | (0.0) | |
-19.8M | 18.9M | -32.8M | -8.6M | 29.3M | -6.4M | -1.7M | 59.1M | 36.4M | |
64.9M | 161.5M | 151.2M | 214.3M | 149.3M | 65.9M | 51.5M | 53.6M | 47.5M | |
INVESTING ACTIVITIES | |||||||||
-5.1M | -19.6M | -5.6M | -2.1M | -1.3M | -837K | -3M | -3.4M | -413K | |
-19.6M | (0.0) | -13.4M | -181.5M | (0.0) | (0.0) | -9M | (0.0) | (0.0) | |
-58.6M | -113M | -21.6M | -39.6M | -14M | -40.2M | -100.6M | -5.9M | -8.6M | |
0.0 | 67.4M | 0.0 | 0.0 | 0.0 | 71.3M | 46.5M | 0.0 | 0.0 | |
39.8M | 17.9M | 9.8M | 13M | 4.1M | 5.5M | 4.2M | 2.7M | 0.0 | |
-43.5M | -47.3M | -30.8M | -210.2M | -11.2M | (35.8M) | -61.9M | -6.6M | -9M | |
FINANCING ACTIVITIES | |||||||||
22.1M | 12.5M | 0.0 | 0.0 | 337.8M | 0.0 | 0.0 | 0.0 | 271K | |
125M | 50M | 35M | 65M | -147M | -1.5M | -1.5M | 135.8M | 4.2M | |
-75.8M | -68.5M | -50M | -23.9M | -2M | (0.0) | (0.0) | -88.4M | -23.7M | |
16.2M | -52M | -93M | -111.6M | -234.1M | -50.7M | -54.2M | -8.8M | -3.6M | |
87.5M | -58M | -108M | -70.4M | -45.3M | -52.2M | -55.5M | 38.8M | -22.8M | |
CASH FLOW SUMMARY | |||||||||
-1.4M | -3.4M | -287K | -15K | 1.1M | -252K | 288K | 76K | 305K | |
107.5M | 52.8M | 12.1M | -66.4M | 93.9M | 49.3M | -65.7M | 85.9M | 16M | |
182.3M | 129.5M | 117.4M | 183.9M | 89.9M | 40.6M | 106.3M | 20.4M | 4.4M | |
289.8M | 182.3M | 129.5M | 117.4M | 183.9M | 89.9M | 40.6M | 106.3M | 20.4M | |
59.8M | 141.9M | 145.6M | 212.2M | 148M | 65.1M | 48.4M | 50.2M | 47.1M |
STEP - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | June 01, 2026 | May 29, 2026 | 2026 | |
10-K 10-K 2026 FY FY | May 27, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 20, 2026 | May 20, 2026 | 2026 | |
10-Q 10-Q 2025 Q4 Q4 | February 05, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 05, 2026 | February 05, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 06, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 06, 2025 | November 06, 2025 | 2025 | |
8-K 8-K 2025 N/A | September 19, 2025 | September 18, 2025 | 2025 | |
8-K 8-K 2025 N/A | September 11, 2025 | September 09, 2025 | 2025 | |
8-K 8-K 2025 N/A | August 07, 2025 | August 07, 2025 | 2025 |
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