Stepstone Gross Profit from 2010 to 2024

STEP Stock  USD 65.89  0.15  0.23%   
Stepstone Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 229.3 M. Gross Profit is the profit Stepstone Group makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2019-06-30
Previous Quarter
176.2 M
Current Value
101 M
Quarterly Volatility
132.6 M
 
Covid
Check Stepstone financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Stepstone's main balance sheet or income statement drivers, such as Interest Expense of 6 M, Other Operating Expenses of 366.1 M or Income Tax Expense of 29 M, as well as many indicators such as Price To Sales Ratio of 3.26, Dividend Yield of 0.0526 or PTB Ratio of 6.47. Stepstone financial statements analysis is a perfect complement when working with Stepstone Valuation or Volatility modules.
  
Check out the analysis of Stepstone Correlation against competitors.

Latest Stepstone's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Stepstone Group over the last few years. Gross profit is a required income statement account that reflects total revenue of Stepstone Group minus its cost of goods sold. It is profit before Stepstone operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Stepstone's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Stepstone's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 562.83 M10 Years Trend
Pretty Stable
   Gross Profit   
       Timeline  

Stepstone Gross Profit Regression Statistics

Arithmetic Mean167,418,338
Coefficient Of Variation109.89
Mean Deviation119,847,384
Median117,586,000
Standard Deviation183,970,574
Sample Variance33845.2T
Range858.6M
R-Value0.25
Mean Square Error34093.8T
R-Squared0.06
Significance0.36
Slope10,456,191
Total Sum of Squares473832.4T

Stepstone Gross Profit History

2024229.3 M
2023339.1 M
2022-281.8 M
2021576.8 M
2020384.6 M
2019206.2 M
2018116.5 M

Other Fundumenentals of Stepstone Group

Stepstone Gross Profit component correlations

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-0.040.190.66-0.060.010.47-0.08-0.240.02-0.140.180.070.42-0.240.32-0.50.27-0.06-0.43-0.46-0.11-0.30.69
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-0.35-0.29-0.91-0.30.18-0.46-0.6-0.41-0.08-0.39-0.390.12-0.310.05-0.090.34-0.24-0.37-0.72-0.03-0.16-0.04-0.33
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Click cells to compare fundamentals

About Stepstone Financial Statements

Stepstone shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Stepstone investors may analyze each financial statement separately, they are all interrelated. The changes in Stepstone's assets and liabilities, for example, are also reflected in the revenues and expenses on on Stepstone's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit339.1 M229.3 M
Gross Profit Margin 0.48  0.74 

Pair Trading with Stepstone

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Stepstone position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Stepstone will appreciate offsetting losses from the drop in the long position's value.

Moving together with Stepstone Stock

  0.74V Visa Class APairCorr
  0.82DIST Distoken AcquisitionPairCorr
  0.9MA MastercardPairCorr

Moving against Stepstone Stock

  0.74BRACU Broad Capital AcquisitionPairCorr
  0.55RC Ready Capital CorpPairCorr
  0.45PFTAU Portage Fintech AcquPairCorr
  0.39EARN Ellington ResidentialPairCorr
  0.38TETEW Technology TelecommunicatioPairCorr
The ability to find closely correlated positions to Stepstone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stepstone when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Stepstone - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Stepstone Group to buy it.
The correlation of Stepstone is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Stepstone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stepstone Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Stepstone can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Stepstone Stock Analysis

When running Stepstone's price analysis, check to measure Stepstone's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stepstone is operating at the current time. Most of Stepstone's value examination focuses on studying past and present price action to predict the probability of Stepstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stepstone's price. Additionally, you may evaluate how the addition of Stepstone to your portfolios can decrease your overall portfolio volatility.