StepStone (STEP) FCF Margin (2019 - 2025)
StepStone's FCF Margin came in at 3.20% for FY2026 (year ended Mar 31, 2026), down 1.89 percentage points from 5.09% in FY2025.
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Analysis
StepStone (STEP) FCF Margin (2019 - 2025) Analysis & Trends
Going back to FY2019, StepStone's FCF Margin data covers 8 fiscal years.
- FCF Margin has declined in each of the last three fiscal years, with a five-year change of -15.59 percentage points (FY2021 to FY2026).
- The FY2026 figure represents the lowest annual FCF Margin in data going back to FY2019.
- Per Business Quant, earlier fiscal years put FCF Margin at 5.09% in FY2025 (-14.85 pp), 19.94% in FY2024 (-195.46 pp), 215.40% in FY2023 (+199.86 pp) and 15.54% in FY2022 (-3.26 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.61 Bn | 131.13 Bn | - | 33.60% |
| 2 | Spdr Gold Trust | 137.36 Bn | -420.64 Bn | - | - |
| 3 | Blackstone | 99.44 Bn | 89.42 Bn | - | 37.86% |
| 4 | Brookfield | 96.58 Bn | -86.73 Bn | - | - |
| 5 | Kkr | 87.72 Bn | 7.87 Bn | - | 55.96% |
| 6 | Brookfield Asset Management | 86.65 Bn | 81.46 Bn | - | 30.52% |
| 7 | Apollo Global Management | 73.80 Bn | -12.36 Bn | 4.14 Bn | 2.87% |
| 8 | Wheaton Precious Metals | 65.20 Bn | 60.63 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 50.85 Bn | 48.21 Bn | 451.00 Mn | 82.99% |
| 10 | StepStone | 4.04 Bn | 1.47 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 3.50% |
| Jun 30, 2025 | 12.40% |
| Mar 31, 2025 | -18.32% |
| Dec 31, 2024 | 7.97% |
| Sep 30, 2024 | 19.29% |
| Jun 30, 2024 | 26.61% |
| Mar 31, 2024 | 1.88% |
| Dec 31, 2023 | 144.33% |
| Sep 30, 2023 | 33.58% |
| Jun 30, 2023 | 27.99% |
| Dec 31, 2022 | 116.43% |
| Sep 30, 2022 | 54.57% |
| Jun 30, 2022 | 73.99% |
| Mar 31, 2022 | 8.73% |
| Dec 31, 2021 | 11.24% |
| Sep 30, 2021 | 21.17% |
| Jun 30, 2021 | 24.15% |
| Mar 31, 2021 | 8.01% |
| Dec 31, 2020 | 15.04% |
| Sep 30, 2020 | 22.04% |
API Access
StepStone FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=STEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "STEP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=STEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();