Stepstone Group Inc (STEP) — Cash Flow Reinvestment Rate

Latest as of December 2025: 2.59x

Stepstone Group Inc (STEP) has a Cash Flow Reinvestment Rate of 2.59x as of December 2025, reinvesting $70.31 Million (capex $432.00K plus investments $-69.88 Million) from operating cash flow of $27.16 Million. See how much free cash does Stepstone Group Inc generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

2.59x
(Capex + Investments) / Operating CF

Total Reinvested

$70.31 Million
Capex + Investments

Operating Cash Flow

$27.16 Million
USD

Capital Expenditures

$432.00K
USD

Stepstone Group Inc Cash Flow Reinvestment Rate (2017–2026)

Historical reinvestment intensity for Stepstone Group Inc across 10 annual periods. For the full cash flow conversion analysis, see Stepstone Group Inc operating cash flow efficiency.

Annual Cash Flow Reinvestment Rate for Stepstone Group Inc (2017–2026)

Year-by-year capital reinvestment analysis for Stepstone Group Inc. See Stepstone Group Inc (STEP) flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2026 10.84x $720.84 Million $66.48 Million $2.62 Million ▲ +1349.3%
2025 0.75x $48.58 Million $64.93 Million $5.10 Million ▲ +80.5%
2024 0.41x $66.95 Million $161.52 Million $19.61 Million ▲ +103.4%
2023 0.20x $30.81 Million $151.18 Million $5.63 Million ▲ +14.1%
2022 0.18x $38.26 Million $214.28 Million $2.10 Million ▲ +74.2%
2021 0.10x $15.30 Million $149.30 Million $1.26 Million ▼ -78.9%
2020 0.49x $31.98 Million $65.93 Million $837.00K ▼ -56.3%
2019 1.11x $57.15 Million $51.45 Million $3.04 Million ▲ +539.8%
2018 0.17x $9.31 Million $53.61 Million $3.43 Million ▼ -8.7%
2017 0.19x $9.04 Million $47.53 Million $413.00K
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow