STEP Financial Statements

Balance sheet, income statement, cash flow, and dividends for Stepstone Group Inc (STEP).


$3.95B Market Cap.

As of 05/24/2024 5:00 PM ET (MRY) • Disclaimer

STEP Market Cap. (MRY)


STEP Shares Outstanding (MRY)


STEP Assets (MRY)


Total Assets

$3.79B

Total Liabilities

$1.92B

Total Investments

$898.10M

STEP Income (MRY)


Revenue

$711.63M

Net Income

$58.09M

Operating Expense

$167.32M

STEP Cash Flow (MRY)


CF Operations

$161.52M

CF Investing

-$47.35M

CF Financing

-$57.98M

STEP Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$0.66

1.80%

-17.50%

72.53%

1.38

2023

$0.80

3.30%

81.82%

-266.67%

-0.37

2022

$0.44

1.30%

528.57%

11.31%

8.84

2021

$0.07

0.20%

0%

3.32%

30.14

2020

$0

-

-

-

-

STEP Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$3,788,807,000 (8.33%)

$3,497,403,000 (-16.49%)

$4,188,125,000 (217.10%)

$1,320,772,000 (93.99%)

Assets Current

-

-

-

-

Assets Non-Current

-

-

-

-

Goodwill & Intangible Assets

$885,415,000 (-5.32%)

$935,187,000 (-4.44%)

$978,668,000 (7867.66%)

$12,283,000 (-21.37%)

Shareholders Equity

$324,476,000 (-57.95%)

$771,567,000 (-5.63%)

$817,625,000 (227.83%)

$249,408,000 (15.34%)

Property Plant & Equipment Net

$97,763,000 (-3.33%)

$101,130,000 (65.61%)

$61,065,000 (0%)

$0 (0%)

Cash & Equivalents

$182,312,000 (40.76%)

$129,517,000 (10.28%)

$117,449,000 (-36.12%)

$183,863,000 (104.43%)

Accumulated Other Comprehensive Income

$304,000 (-34.06%)

$461,000 (-29.94%)

$658,000 (324.52%)

$155,000 (-12.92%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$898,098,000 (-2.00%)

$916,434,000 (-36.43%)

$1,441,626,000 (1838.22%)

$74,379,000 (39.32%)

Investments Current

-

-

-

-

Investments Non-Current

-

-

-

-

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$124,300,000 (25.85%)

$98,772,000 (84.59%)

$53,510,000 (35.23%)

$39,570,000 (13.67%)

Trade & Non-Trade Payables

$340,335,000 (15.44%)

$294,820,000 (5.33%)

$279,896,000 (73.58%)

$161,245,000 (305.18%)

Accumulated Retained Earnings (Deficit)

$13,768,000 (-91.42%)

$160,430,000 (-30.13%)

$229,615,000 (280.11%)

$60,407,000 (0%)

Tax Assets

$184,512,000 (315.96%)

$44,358,000 (59.18%)

$27,866,000 (-68.84%)

$89,439,000 (12118.44%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$268,561,000 (22.31%)

$219,575,000 (64.05%)

$133,844,000 (0%)

$0 (0%)

Debt Current

-

-

-

-

Debt Non-Current

-

-

-

-

Total Liabilities

$1,915,673,000 (3.88%)

$1,844,086,000 (-21.99%)

$2,363,795,000 (257.57%)

$661,079,000 (48.94%)

Liabilities Current

-

-

-

-

Liabilities Non-Current

-

-

-

-

STEP Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$711,631,000 (1153.11%)

-$67,574,000 (-104.95%)

$1,365,525,000 (73.35%)

$787,716,000 (76.38%)

Cost of Revenue

$372,543,000 (273.89%)

-$214,236,000 (-126.69%)

$802,695,000 (95.27%)

$411,062,000 (69.65%)

Selling General & Administrative Expense

$167,317,000 (13.70%)

$147,159,000 (33.21%)

$110,468,000 (127.84%)

$48,485,000 (-7.41%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$167,317,000 (13.70%)

$147,159,000 (33.21%)

$110,468,000 (127.84%)

$48,485,000 (-7.41%)

Interest Expense

$9,331,000 (122.75%)

$4,189,000 (276.37%)

$1,113,000 (-84.88%)

$7,360,000 (-27.92%)

Income Tax Expense

$27,576,000 (621.70%)

$3,821,000 (-86.50%)

$28,300,000 (21.69%)

$23,256,000 (488.02%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$167,820,000 (470.67%)

-$45,275,000 (-109.35%)

$484,281,000 (53.94%)

$314,593,000 (117.28%)

Net Income to Non-Controlling Interests

$109,729,000 (508.26%)

-$26,877,000 (-109.26%)

$290,396,000 (15.26%)

$251,959,000 (74.02%)

Net Income

$58,091,000 (415.75%)

-$18,398,000 (-109.49%)

$193,885,000 (209.55%)

$62,634,000 (0%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$58,091,000 (415.75%)

-$18,398,000 (-109.49%)

$193,885,000 (209.55%)

$62,634,000 (0%)

Weighted Average Shares

$63,489,135 (2.59%)

$61,884,671 (24.18%)

$49,833,760 (68.03%)

$29,657,805 (-68.72%)

Weighted Average Shares Diluted

$66,544,038 (7.53%)

$61,884,671 (15.46%)

$53,600,250 (61.08%)

$33,274,804

Earning Before Interest & Taxes (EBIT)

$94,998,000 (1014.50%)

-$10,388,000 (-104.65%)

$223,298,000 (139.46%)

$93,250,000 (558.27%)

Gross Profit

$339,088,000 (131.20%)

$146,662,000 (-73.94%)

$562,830,000 (49.43%)

$376,654,000 (84.36%)

Operating Income

$171,771,000 (34661.57%)

-$497,000 (-100.11%)

$452,362,000 (37.84%)

$328,169,000 (115.98%)

STEP Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$47,347,000 (-53.69%)

-$30,807,000 (85.35%)

-$210,241,000 (-1782.87%)

-$11,166,000 (-131.18%)

Net Cash Flow from Financing

-$57,978,000 (46.33%)

-$108,021,000 (-53.35%)

-$70,439,000 (-55.47%)

-$45,306,000 (13.16%)

Net Cash Flow from Operations

$161,522,000 (6.84%)

$151,183,000 (-29.45%)

$214,281,000 (43.52%)

$149,299,000 (126.45%)

Net Cash Flow / Change in Cash & Cash Equivalents

$52,795,000 (337.48%)

$12,068,000 (118.17%)

-$66,414,000 (-170.71%)

$93,924,000 (90.45%)

Net Cash Flow - Business Acquisitions and Disposals

-$8,772,000 (0.59%)

-$8,824,000 (95.43%)

-$193,112,000 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

-$18,968,000 (-15.96%)

-$16,357,000 (-8.61%)

-$15,061,000 (-51.90%)

-$9,915,000 (-127.06%)

Capital Expenditure

-$19,607,000 (-248.44%)

-$5,627,000 (-167.57%)

-$2,103,000 (-67.17%)

-$1,258,000 (-50.30%)

Issuance (Repayment) of Debt Securities

$50,000,000 (42.86%)

$35,000,000 (-46.15%)

$65,000,000 (144.22%)

-$147,000,000 (-9700.00%)

Issuance (Purchase) of Equity Shares

$0 (0%)

$0 (0%)

$0 (0%)

$337,798,000 (0%)

Payment of Dividends & Other Cash Distributions

-$68,474,000 (-37.02%)

-$49,973,000 (-109.32%)

-$23,874,000 (-1066.29%)

-$2,047,000 (0%)

Effect of Exchange Rate Changes on Cash

-$3,402,000 (-1085.37%)

-$287,000 (-1813.33%)

-$15,000 (-101.37%)

$1,097,000 (535.32%)

Share Based Compensation

$39,448,000 (58.17%)

$24,940,000 (78.19%)

$13,996,000 (77.19%)

$7,899,000 (312.48%)

Depreciation Amortization & Accretion

$47,588,000 (0.31%)

$47,443,000 (75.86%)

$26,977,000 (390.94%)

$5,495,000 (-22.37%)

STEP Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

47.60% (121.94%)

-217.00% (-626.70%)

41.20% (-13.81%)

47.80% (4.60%)

Profit Margin

8.20% (-69.85%)

27.20% (91.55%)

14.20% (77.50%)

8.00% (0%)

EBITDA Margin

20.00% (136.50%)

-54.80% (-399.45%)

18.30% (46.40%)

12.50% (160.42%)

Return on Average Equity (ROAE)

8.80% (466.67%)

-2.40% (-108.00%)

30.00% (-22.08%)

38.50% (0%)

Return on Average Assets (ROAA)

1.60% (420.00%)

-0.50% (-108.77%)

5.70% (-16.18%)

6.80% (0%)

Return on Sales (ROS)

13.30% (-13.64%)

15.40% (-6.10%)

16.40% (38.98%)

11.80% (268.75%)

Return on Invested Capital (ROIC)

3.40% (950.00%)

-0.40% (-104.76%)

8.40% (-28.81%)

11.80% (436.36%)

Dividend Yield

1.80% (-45.45%)

3.30% (153.85%)

1.30% (550.00%)

0.20%

Price to Earnings Ratio (P/E)

39.27 (148.55%)

-80.9 (-1051.88%)

8.5 (-49.16%)

16.72

Price to Sales Ratio (P/S)

3.19 (114.35%)

-22.23 (-1943.03%)

1.21 (-9.19%)

1.33

Price to Book Ratio (P/B)

12.16 (253.97%)

3.44 (-21.56%)

4.38 (-67.34%)

13.41

Debt to Equity Ratio (D/E)

5.9 (147.03%)

2.39 (-17.33%)

2.89 (9.05%)

2.65 (29.13%)

Earnings Per Share (EPS)

0.91 (403.33%)

-0.3 (-107.71%)

3.89 (84.36%)

2.11

Sales Per Share (SPS)

11.21 (1126.47%)

-1.09 (-103.99%)

27.4 (3.17%)

26.56 (463.91%)

Free Cash Flow Per Share (FCFPS)

2.23 (-4.97%)

2.35 (-44.76%)

4.26 (-14.70%)

4.99 (626.64%)

Book Value Per Share (BVPS)

5.11 (-59.01%)

12.47 (-24.01%)

16.41 (95.09%)

8.41 (268.70%)

Tangible Assets Book Value Per Share (TABVPS)

45.73 (10.45%)

41.4 (-35.71%)

64.4 (45.97%)

44.12 (528.85%)

Enterprise Value Over EBIT (EV/EBIT)

42 (116.03%)

-262 (-1737.50%)

16 (-52.94%)

34

Enterprise Value Over EBITDA (EV/EBITDA)

28.15 (-61.61%)

73.31 (412.61%)

14.3 (-55.24%)

31.95

Asset Turnover

0.2 (1142.11%)

-0.02 (-104.76%)

0.4 (-53.39%)

0.86 (12.34%)

Current Ratio

-

-

-

-

Dividends

$0.66 (-17.50%)

$0.8 (81.82%)

$0.44 (528.57%)

$0.07 (0%)

Free Cash Flow (FCF)

$141,915,000 (-2.50%)

$145,556,000 (-31.40%)

$212,178,000 (43.32%)

$148,041,000 (127.43%)

Enterprise Value (EV)

$4,013,250,976 (47.73%)

$2,716,635,639 (-24.10%)

$3,579,382,766 (13.44%)

$3,155,180,994

Earnings Before Tax (EBT)

$85,667,000 (687.69%)

-$14,577,000 (-106.56%)

$222,185,000 (158.69%)

$85,890,000 (2071.68%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$142,586,000 (284.80%)

$37,055,000 (-85.19%)

$250,275,000 (153.46%)

$98,745,000 (364.81%)

Invested Capital

$2,989,641,000 (12.72%)

$2,652,274,000 (-17.78%)

$3,225,852,000 (186.84%)

$1,124,626,000 (56.54%)

Working Capital

-

-

-

-

Tangible Asset Value

$2,903,392,000 (13.32%)

$2,562,216,000 (-20.17%)

$3,209,457,000 (145.28%)

$1,308,489,000 (96.70%)

Market Capitalization

$3,945,413,976 (48.88%)

$2,650,115,639 (-25.98%)

$3,580,099,766 (7.05%)

$3,344,171,994

Average Equity

$661,735,500 (-14.18%)

$771,065,500 (19.46%)

$645,469,500 (296.98%)

$162,596,000 (-5.72%)

Average Assets

$3,599,033,250 (-0.60%)

$3,620,580,500 (5.87%)

$3,419,752,000 (271.44%)

$920,676,000 (57.04%)

Invested Capital Average

$2,770,798,000 (2.03%)

$2,715,646,000 (2.73%)

$2,643,555,250 (235.89%)

$787,034,750 (21.76%)

Shares

110,392,109 (1.10%)

109,193,063 (0.83%)

108,290,979 (14.21%)

94,816,331 (0.00%)