StepStone Group Inc. STEP NASDAQ

StepStone Group Inc. (STEP) generated $64.93M in operating cash flow for fiscal year 2025. After capital expenditures of $5.1M, free cash flow was $59.83M.

Free cash flow margin was 5.1% of revenue. Cash conversion ratio was -0.38x, suggesting some earnings are non-cash.

The company returned $75.84M in dividends to shareholders during the period.

Criteria supported by this page:

• HEALTH (0/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (74/100, Pass) — $59.83M (5.1% FCF margin) supports a durable competitive advantage
• INCOME (10/100) — Cash conversion ratio was -0.38x suggests some earnings are non-cash items

Overall SharesGrow Score: 46/100 with 3/7 criteria passed.