StepStone GroupSTEP -2.20%50 EBITDA Margin % is 2.64% as of Mar. 2026, which is 92% below its 10-year median of 34.45. GuruFocus rates STEP with a GF Score™ of 50/100 and a GF Value™ of $90.75 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 668 Asset Management companies, StepStone Group ranks worse than 81.89% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. StepStone Group's EBITDA for the
three
months ended in Mar. 2026 was $16 Mil. StepStone Group's Revenue for the
three
months ended in Mar. 2026 was $589 Mil. Therefore, StepStone Group's EBITDA margin for the quarter that ended in Mar. 2026 was 2.64%.
StepStone Group (NAS:STEP) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
StepStone Group EBITDA Margin % Related Terms
StepStone Group EBITDA Margin % Historical Data
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The historical data trend for StepStone Group's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
STEP vs DNP, UTG, HLNE: EBITDA Margin % Comparison
For the Asset Management subindustry, StepStone Group's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
StepStone Group EBITDA Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, StepStone Group's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where StepStone Group's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
StepStone Group (STEP) has a EBITDA Margin % of 2.64% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on StepStone Group and its competitors. This is 92% below median its historical median of 34.45. According to the industry distribution chart, StepStone Group ranks #547 out of 668 companies in the Asset Management industry, placing it in the top 81.9%.
Is StepStone Group's EBITDA Margin % too high?
StepStone Group's current EBITDA Margin % of 2.64% is 92% below median its 10-year median of 34.45. The Asset Management industry median EBITDA Margin % is 30.19. StepStone Group's value of 2.64% is 91.3% below this industry median. Based on the distribution chart, StepStone Group ranks #547 out of 668 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, StepStone Group has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does StepStone Group's EBITDA Margin % compare to DNP and UTG?
According to the Asset Management industry distribution chart, StepStone Group ranks #547 out of 668 companies for EBITDA Margin %. This places StepStone Group in the lower half of its industry. The industry median EBITDA Margin % is 30.19. StepStone Group's value of 2.64% is 91.3% below this benchmark. While the company's 10-year median is 34.45 vs. the industry median of 30.19, StepStone Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Asset Management company?
The median EBITDA Margin % among Asset Management companies is 30.19, based on 668 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. StepStone Group's current EBITDA Margin % of 2.64% is 91.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on StepStone Group and its competitors. For the Asset Management industry, the median EBITDA Margin % is 30.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. StepStone Group's current EBITDA Margin % is 2.64%, which is 92% below median its own 10-year median of 34.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is StepStone Group stock overvalued right now?
Based on GuruFocus' analysis, StepStone Group (STEP) is currently considered Possible Value Trap. The stock's GF Value™ is $90.75, compared to a current price of $40.03 — trading 55.9% below its estimated fair value. The current EBITDA Margin % is 2.64%, which is 92% below median its 10-year median of 34.45 and 91.3% below the Asset Management industry median of 30.19. StepStone Group's overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For StepStone Group (STEP), the current EBITDA Margin % is 2.64% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is StepStone Group (STEP) Overvalued in 2026?
Based on GuruFocus' analysis, StepStone Group stock appears to be undervalued.
The current stock price of $40.03 is trading 55.9% below its estimated GF Value™ of $90.75.
GuruFocus considers StepStone Group to be Possible Value Trap.
Key valuation signals for STEP:
EBITDA Margin %: 2.64% (92% below median its 10-year median of 34.45)
GF Value™: $90.75 vs. price of $40.03 (55.9% below fair value)
Industry Position: 91.3% below the Asset Management median (#547 of 668)
No single metric tells the full story. See the STEP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
StepStone Group Inc operates as a fully integrated private markets solution provider. The company provides customized investment solutions and advisory and data services. It provides investment solutions in the areas of private equity, real estate, private debt, and infrastructure and real assets. The company consists of a single operating segment and a single reportable segment for accounting and financial reporting purposes.
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