NASDAQ$STEP
StepStone Group LP · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
Reported results for the quarter ended March 31, 2024.
StepStone Group reported strong Q4 2024 results, with significant growth in total revenues and assets under management. The company's strategic focus on customized investment solutions and advisory services drove positive financial outcomes.
- Management and advisory fees increased by 16% compared to Q4 2023.
- Total revenues increased by 107% compared to Q4 2023, driven by strong performance fees.
- Assets under management (AUM) grew to $156.6 billion, a 13% increase year-over-year.
- Net income attributable to StepStone Group Inc. was $30.823 million, compared to $28.801 million in the same quarter last year.
Headline financials
Revenue & EPS history
StepStone · Revenue · Quarterly
$216M
Revenue by segment
StepStone · $260M total across 4 segments · Q4 2026
- Focused commingled funds$161M—61.8%
- Separately managed accounts$76.3M—29.3%
- Advisory and other services$20M—7.7%
- Fund reimbursement revenues$3.18M—1.2%
Forward guidance
While the earnings report does not explicitly include forward guidance, based on the results, StepStone Group is likely to continue focusing on expanding its AUM and AUA through strategic investments and client relationships.
Tailwinds
- Continued growth in management and advisory fees.
- Strong performance in total revenues.
- Increase in assets under management.
- Strategic focus on customized investment solutions.
- Expansion of client relationships.
Headwinds
- No specific negative aspects were mentioned in the provided document.
- However, general market risks and business conditions could impact future performance.
- Integration of acquired businesses may present challenges.
- Regulatory factors could pose risks.
- Global and domestic market conditions could affect results.
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 2024
+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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