STEP (StepStone Group) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


STEP StepStone Group Inc STEP
50 GF Score
Price $39.54
GF Value $90.75
Valuation Possible Value Trap
! 3 Warning Signs
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What is StepStone Group Interest Coverage?

StepStone Group STEP -3.40% 50 Interest Coverage is 0 (At Loss) as of Mar. 2026. 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 476 Asset Management companies, StepStone Group ranks worse than 210083.82% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. StepStone Group's Operating Income for the three months ended in Mar. 2026 was $-20 Mil. StepStone Group's Interest Expense for the three months ended in Mar. 2026 was $-4 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for StepStone Group's Interest Coverage or its related term are showing as below:


STEP's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 43.13
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


StepStone Group  (NAS:STEP) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


StepStone Group Interest Coverage Related Terms


StepStone Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for StepStone Group's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

StepStone Group Interest Coverage Chart

StepStone Group Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 406.43 0.00 18.41 0.00 0.00

StepStone Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

STEP vs DNP, UTG, HLNE: Interest Coverage Comparison

For the Asset Management subindustry, StepStone Group's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, StepStone Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where StepStone Group's Interest Coverage falls into.


STEP
50GF Score
StepStone Group Inc STEP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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StepStone Group Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

StepStone Group's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, StepStone Group's Interest Expense was $-19 Mil. Its Operating Income was $-1,023 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,205 Mil.

StepStone Group did not have earnings to cover the interest expense.

StepStone Group's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, StepStone Group's Interest Expense was $-4 Mil. Its Operating Income was $-20 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,205 Mil.

StepStone Group did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
StepStone Group (STEP) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on StepStone Group and its competitors. According to the industry distribution chart, StepStone Group ranks #999999 out of 476 companies in the Asset Management industry.
Is StepStone Group's Interest Coverage too high?
StepStone Group's current Interest Coverage is 0 (At Loss). Based on the distribution chart, StepStone Group ranks #999999 out of 476 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 Interest Coverage compare to DNP and UTG?
According to the Asset Management industry distribution chart, StepStone Group ranks #999999 out of 476 companies for Interest Coverage. This places StepStone Group in the lower half of its industry. The industry median Interest Coverage is 43.13. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Asset Management company?
The median Interest Coverage among Asset Management companies is 43.13, based on 476 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on StepStone Group and its competitors. For the Asset Management industry, the median Interest Coverage is 43.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. StepStone Group's current Interest Coverage is 0 (At Loss). 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 $39.54 — trading 56.4% below its estimated fair value. The current Interest Coverage is 0 (At Loss). 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For StepStone Group (STEP), the current Interest Coverage is 0 (At Loss) 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 $39.54 is trading 56.4% below its estimated GF Value™ of $90.75. GuruFocus considers StepStone Group to be Possible Value Trap.

Key valuation signals for STEP:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: $90.75 vs. price of $39.54 (56.4% below fair value)
  • GF Score™: 50/100 with 3 warning signs

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 Business Description

Other Exchanges STEP:Mexico
Address 277 Park Avenue, 45th Floor, New York, NY, USA, 10172
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.
50GF Score

Get the complete analysis for STEP

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$39.54
Price
$90.75
GF Value