SuperworthStepStone price to free cash flow STEP
Market value divided by free cash flow over the last twelve months, since 2021.
- Today, Oct 23, 2026
- n/m
- not a meaningful number
- Last meaningful
- 86.7×
- Aug 2026
- 5-year median
- 29.8×
- 5-year range
- 12.3× to 477×
- Peer median
- 11.7×
StepStone's price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.
It was last meaningful in Aug 2026, at 86.7×.
On the days it had one over the last 5 years, its median was 29.8×, from 12.3× in Dec 2022 to 477× in Jan 2026.
Price to free cash flow over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 86.7× | 73.9× | 477× |
| 2025 | 414× | 37.5× | 414× |
| 2024 | 53.1× | 27.9× | 60.4× |
| 2023 | 30.3× | 12.8× | 30.3× |
| 2022 | 12.3× | 12.3× | 20.7× |
| 2021 | 22.5× | 20.1× | 29.2× |
Against its peers
Companies in Asset Management nearest StepStone's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| STEPStepStone | n/m |
| HASIHA Sustainable Infrastructure Capital | n/m |
| HLNEHamilton Lane INC | 12.4× |
| DLBDolby Laboratories | 15.0× |
| MCMoelis | 9.8× |
| FHIFederated Hermes | 11.6× |
| LAZLazard | 6.2× |
| VCTRVictory Capital | 11.7× |
| CNSCohen & Steers | 53.4× |
| AAMIAcadian Asset Management | n/m |
| ABAlliancebernstein | n/m |
| Peer median | 11.7× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on StepStone
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.