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. Check how high is Stepstone Group Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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 (2017–2025)

Historical reinvestment intensity for Stepstone Group Inc across 9 annual periods. Explore Stepstone Group Inc (STEP) investment intensity to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Stepstone Group Inc (2017–2025)

Year-by-year capital reinvestment analysis for Stepstone Group Inc. For live market cap and broader valuation context, see STEP stock market capitalisation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
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