NASDAQ$STEP
StepStone Group LP · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
StepStone Group's results for the fourth quarter and fiscal year 2021 were reported
StepStone Group reported strong growth in AUM, FEAUM, and adjusted net income. The company declared a dividend of $0.07 per share and raised over $2 billion of new SMA capital.
- Declared a dividend of $0.07 per share of Class A common stock, payable on July 15, 2021.
- Raised over $2 billion of new SMA capital in 4Q’21 and over $11 billion for the full fiscal year.
- Additional closings for StepStone Tactical Growth Fund III (“STGF III”) and Senior Corporate Lending Fund II (“SCL II”), both currently in market; Raised approximately $2 billion of commingled funds for the full fiscal year.
- Conversus StepStone Private Markets (“CPRIM”) achieved a NAV of over $135 million and posted a 43% net return in eight months since inception as of June 1, 2021.
Headline financials
Revenue & EPS history
StepStone · Revenue · Quarterly
$359M
Revenue by segment
StepStone · $35.5M total across 3 segments · Q4 2021
- Focused commingled funds$23M—64.8%
- Advisory and other services$12.3M—34.7%
- Fund reimbursement revenues$171K—0.5%
Forward guidance
No specific forward guidance was provided in the document.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2021
+2.4%
Avg return
Earnings day
+2.4%
Avg return
5 days after
-2.1%
Avg return
30 days after
74%
17 / 23 earnings
Positive
+11.0%
Q4 2024
Best reaction
-7.0%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +5.4% | +1.2% | -13.0% | |
| Q3 2026 | +5.5% | +0.2% | -22.8% | |
| Q2 2026 | -1.6% | +0.9% | +1.0% | |
| Q1 2026 | +1.8% | +8.6% | +6.0% | |
| Q4 2025 | +3.5% | +6.3% | -6.5% | |
| Q3 2025 | +0.8% | -6.5% | -18.3% | |
| Q2 2025 | +2.9% | +2.9% | -8.9% | |
| Q1 2025 | +11.0% | +12.4% | +16.6% | |
| Q4 2024 | +11.0% | +18.3% | +15.9% | |
| Q3 2024 | +7.5% | +2.5% | -0.2% | |
| Q2 2024 | -7.0% | -9.3% | -12.4% | |
| Q1 2024 | +4.5% | +1.8% | +8.9% | |
| Q4 2023 | -5.1% | -2.8% | +3.5% | |
| Q3 2023 | -2.9% | -5.0% | -22.6% | |
| Q2 2023 | +1.0% | +0.3% | +2.6% | |
| Q1 2023 | -0.5% | -2.1% | -5.1% | |
| Q4 2022 | +2.2% | -0.2% | +2.4% | |
| Q3 2022 | +4.3% | +1.1% | -6.7% | |
| Q2 2022 | +4.7% | +11.7% | -8.6% | |
| Q1 2022 | -5.4% | -1.8% | -1.3% | |
| Q4 2021 | +4.8% | +8.0% | +21.7% | |
| Q3 2021 | +6.0% | +4.1% | -15.2% | |
| Q2 2021 | +1.5% | +3.6% | +14.3% | |
| Q1 2021 | — | — | — | |
| Q4 2020 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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