STEPSTONE GROUP INC. (STEP) Free cash flow
- Free cash flow · 12 months (USD): Value $-439.39M; Formula and calculation Operating cash flow minus capital spending; distinct from the saved levered FCF quote figure. Period ending 2026-06-30..
- Price / free cash flow · 12 months: Value (m); Formula and calculation Market cap / trailing-year free cash flow; inverse of FCF yield before percent scaling. Period ending 2026-06-30..
- Free cash flow yield · 12 months: Value (m); Formula and calculation (Operating cash flow − capital spending) / current market cap. Period ending 2026-06-30..
- Free cash flow margin · 12 months: Value -21.88%; Formula and calculation (Operating cash flow − capital spending) / revenue. Period ending 2026-06-30..
Free cash flow
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Free cash flow · 12 months (USD) | $-439.39M | Operating cash flow minus capital spending; distinct from the saved levered FCF quote figure. Period ending 2026-06-30. $-437.31M − $2.07M ≈ $-439.39M |
| Price / free cash flow · 12 months | (m) | Market cap / trailing-year free cash flow; inverse of FCF yield before percent scaling. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Free cash flow yield · 12 months | (m) | (Operating cash flow − capital spending) / current market cap. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Free cash flow margin · 12 months | -21.88% | (Operating cash flow − capital spending) / revenue. Period ending 2026-06-30. $-439.39M ÷ $2.01B × 100 ≈ -21.88% |
| Free cash flow per share · 12 months | (m) | (Trailing-year operating cash flow − capital spending) / reported quarter-end common shares. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Operating cash flow · 12 months | $-437.31M | Cash generated by operating activities. Period ending 2026-06-30. |
| Operating cash flow / net income · 12 months | 0.53× | Operating cash flow / net income. Period ending 2026-06-30. $-437.31M ÷ $-820.67M ≈ 0.53× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Operating cash flow | -437.31M USD | Net Cash Provided by (Used in) Operating Activities |
| Capital spending | 2.07M USD | Payments to Acquire Property, Plant, and Equipment |
| Market cap | (m) | |
| Free cash flow | -439.39M USD | Net Cash Provided by (Used in) Operating Activities · Payments to Acquire Property, Plant, and Equipment |
| Revenue | 2.01B USD | |
| Quarter-end shares | (m) | |
| Net income | -820.67M USD | Net Income (Loss) Attributable to Parent |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Free cash flow | FCF per share | Operating cash flow | Capital spending (USD) | Market cap (USD) | Revenue (USD) | Quarter-end shares (shares) | Net income (USD) | Price / FCF | FCF yield | FCF margin | Cash conversion |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $-439.39M | (m) | $-437.31M | $2.07M | (m) | $2.01B | (m) | $-820.67M | (m) | (m) | -21.88% | 0.53× |
| 2026-03-31 | $63.86M | (m) | $66.48M | $2.62M | (m) | $1.99B | (m) | $-535.81M | (m) | (m) | 3.20% | -0.12× |
| 2025-12-31 | $18.64M | (m) | $23.16M | $4.52M | (m) | $1.78B | (m) | $-546.52M | (m) | (m) | 1.05% | -0.04× |
| 2025-09-30 | $18.93M | (m) | $23.59M | $4.66M | (m) | $1.54B | (m) | $-615.09M | (m) | (m) | 1.23% | -0.04× |
| 2025-06-30 | $55.42M | (m) | $61.04M | $5.62M | (m) | $1.35B | (m) | $-231.31M | (m) | (m) | 4.10% | -0.26× |
| 2025-03-31 | $59.83M | (m) | $64.93M | $5.10M | (m) | $1.17B | (m) | $-179.56M | (m) | (m) | 5.09% | -0.36× |
| 2024-12-31 | $135.73M | (m) | $139.08M | $3.35M | (m) | $1.15B | (m) | $-130.23M | (m) | (m) | 11.76% | -1.07× |
| 2024-09-30 | $129.80M | (m) | $136.67M | $6.87M | (m) | $800.28M | (m) | $41.56M | (m) | (m) | 16.22% | 3.29× |
| 2024-06-30 | $141.68M | (m) | $154.10M | $12.43M | (m) | $720.02M | (m) | $50.15M | (m) | (m) | 19.68% | 3.07× |
| 2024-03-31 | $141.91M | (m) | $161.52M | $19.61M | (m) | $711.63M | (m) | $58.09M | (m) | (m) | 19.94% | 2.78× |
| 2023-12-31 | $132.21M | (m) | $153.38M | $21.17M | (m) | $527.20M | (m) | $56.07M | (m) | (m) | 25.08% | 2.74× |
| 2023-09-30 | $116.05M | (m) | $134.19M | $18.14M | (m) | $537.57M | (m) | $69.36M | (m) | (m) | 21.59% | 1.93× |
| 2023-06-30 | $138.25M | (m) | $151.29M | $13.04M | (m) | $187.66M | (m) | $13.91M | (m) | (m) | 73.67% | 10.88× |
| 2023-03-31 | $145.56M | (m) | $151.18M | $5.63M | (m) | $-67.57M | (m) | $-18.40M | (m) | (m) | -215.40% | -8.22× |
| 2022-12-31 | $180.39M | (m) | $184.00M | $3.61M | (m) | $124.74M | (m) | $-5.38M | (m) | (m) | 144.61% | -34.18× |
| 2022-09-30 | $221.62M | (m) | $224.50M | $2.88M | (m) | $539.44M | (m) | $49.90M | (m) | (m) | 41.08% | 4.50× |
| 2022-06-30 | $194.78M | (m) | $196.03M | $1.26M | (m) | $979.70M | (m) | $141.19M | (m) | (m) | 19.88% | 1.39× |
| 2022-03-31 | $212.18M | (m) | $214.28M | $2.10M | (m) | $1.37B | (m) | $193.88M | (m) | (m) | 15.54% | 1.11× |
| 2021-12-31 | $209.08M | (m) | $210.98M | $1.90M | (m) | $1.36B | (m) | $189.92M | (m) | (m) | 15.37% | 1.11× |
| 2021-09-30 | $199.50M | (m) | $201.33M | $1.83M | (m) | $1.20B | (m) | $167.15M | (m) | (m) | 16.67% | 1.20× |
| 2021-06-30 | $193.39M | (m) | $195.50M | $2.11M | (m) | $1.16B | (m) | $104.28M | (m) | (m) | 16.70% | 1.87× |
| 2021-03-31 | $148.04M | (m) | $149.30M | $1.26M | (m) | $787.72M | (m) | $62.63M | (m) | (m) | 18.79% | 2.38× |
| 2020-12-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-03-31 | $65.09M | (m) | $65.93M | $837.00K | (m) | $446.61M | (m) | $0.00 | (m) | (m) | 14.57% | (m) |
| 2019-12-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2019-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2019-03-31 | $48.41M | (m) | $51.45M | $3.04M | (m) | $256.27M | (m) | $0.00 | (m) | (m) | 18.89% | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.