Growth Metrics

StepStone (STEP) FCF Margin (2019 - 2025)

StepStone (STEP) has disclosed FCF Margin for 7 consecutive years, with 3.5% as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, FCF Margin fell 1579.0% year-over-year to 3.5%, compared with a TTM value of 1.56% through Dec 2025, down 1051.0%, and an annual FY2025 reading of 5.09%, down 1485.0% over the prior year.
  • FCF Margin was 3.5% for Q3 2025 at StepStone, down from 12.4% in the prior quarter.
  • Across five years, FCF Margin topped out at 144.33% in Q4 2023 and bottomed at 18.32% in Q1 2025.
  • Average FCF Margin over 5 years is 30.5%, with a median of 19.29% recorded in 2024.
  • The sharpest move saw FCF Margin skyrocketed 10519bps in 2022, then crashed -13636bps in 2024.
  • Year by year, FCF Margin stood at 11.24% in 2021, then skyrocketed by 935bps to 116.43% in 2022, then grew by 24bps to 144.33% in 2023, then crashed by -94bps to 7.97% in 2024, then crashed by -56bps to 3.5% in 2025.
  • Business Quant data shows FCF Margin for STEP at 3.5% in Q3 2025, 12.4% in Q2 2025, and 18.32% in Q1 2025.