COMP <GO>
STEP vs JPM // ALTMAN Z-SCORE & DEBT/EQUITY
StepStone Group Inc. (NASDAQ) VS. JPMorgan Chase & Co. (NYSE) • 15-METRIC TALLY: STEP 4
— JPM 7
■ METRIC PARITY
LAST: $43.22 (-2.81%) • MKT CAP: $5.22B
balance-sheet
—
LAST: $337.04 (-1.90%) • MKT CAP: $895.92B
balance-sheet
0.37
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (STEP VS. JPM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | STEP | JPM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -35.00% | 17.37% | -52.37 | JPM | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 9.8x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 1.19% | -17.93% | +19.12 | STEP | /fcf-yield <GO> |
| Operating Margin | -45.50% | 42.07% | -87.57 | JPM | /operating-margins <GO> |
| Net Profit Margin | -37.30% | 32.63% | -69.93 | JPM | /net-margins <GO> |
| Revenue Growth (YoY) | 69.70% | 13.53% | +56.17 | STEP | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.19% | 1.94% | +0.25 | STEP | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity ACTIVE | — | 0.37 | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 2/9 | +5.00 | STEP | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | 4.77% | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 47.3 | 51.2 | -3.90 | JPM | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.92 | 1.00 | -0.08 | JPM | /macro-sensitivity <GO> |
| Forward P/E Multiple | 18.0x | 13.3x | +4.73 | JPM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $5.22B | $895.92B | -$890.70B | JPM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | STEP REV | JPM REV | STEP GROSS % | JPM GROSS % | STEP FCF | JPM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.99B | $182.45B | — | — | $63.9M | -$147.78B |
| FY 2024 | $1.17B | $177.56B | — | — | $59.8M | -$42.01B |
| FY 2023 | $711.6M | $158.10B | — | — | $129.5M | $12.97B |
| FY 2022 | — | $128.69B | — | — | — | $107.12B |
| FY 2021 | — | $121.65B | — | — | — | $78.08B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
STEP // BETA 0.92
JPM // BETA 1.00