Stepstone Historical Income Statement
STEP Stock | USD 67.05 1.04 1.58% |
Historical analysis of Stepstone income statement accounts such as Interest Income of 3.8 M, Depreciation And Amortization of 45.2 M, Selling General Administrative of 104 M or Total Revenue of 591.6 M can show how well Stepstone Group performed in making a profits. Evaluating Stepstone income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Stepstone's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Stepstone Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Stepstone Group is a good buy for the upcoming year.
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About Stepstone Income Statement Analysis
Stepstone Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Stepstone shareholders. The income statement also shows Stepstone investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Stepstone Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Stepstone Group. It is also known as Stepstone overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Stepstone's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Stepstone Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stepstone Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Stepstone's Income Before Tax is relatively stable compared to the past year.
2021 | 2022 | 2023 | 2024 (projected) | EBITDA | 481.9M | 4K | 249.9M | 217.9M | Research Development | 0.37 | 0.8 | 0.27 | 0.43 |
Stepstone income statement Correlations
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Stepstone Account Relationship Matchups
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Stepstone income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 10.2M | 7.4M | 1.1M | 4.2M | 9.3M | 6.0M | |
Other Operating Expenses | 295.6M | 459.5M | 913.2M | 67.1M | 539.9M | 368.7M | |
Net Income Applicable To Common Shares | 131.9M | 228.8M | 231.2M | (18.4M) | (21.2M) | (20.1M) | |
Income Tax Expense | 4.0M | 23.3M | 28.3M | 3.8M | 27.6M | 29.0M | |
Minority Interest | 20.7M | 410.3M | (290.4M) | (26.9M) | (109.7M) | (104.2M) | |
Tax Provision | 4.0M | 23.3M | 28.3M | 3.8M | 27.6M | 14.2M | |
Net Interest Income | (8.8M) | (6.9M) | (776K) | (2.3M) | (5.7M) | (6.0M) | |
Interest Income | 1.4M | 413K | 337K | 1.9M | 3.7M | 3.8M | |
Depreciation And Amortization | 295.6M | 459.5M | 872.4M | (15.9M) | 47.6M | 45.2M | |
Selling General Administrative | 55.3M | 56.4M | 124.5M | 172.1M | 167.3M | 104.0M | |
Total Revenue | 446.6M | 787.7M | 1.4B | (67.6M) | 711.6M | 591.6M | |
Gross Profit | 206.2M | 384.6M | 576.8M | (281.8M) | 339.1M | 229.3M | |
Operating Income | 152.0M | 328.8M | 454.9M | (47.4M) | 190.9M | 192.8M | |
Net Income From Continuing Ops | 144.8M | 314.6M | 484.3M | (45.3M) | 167.8M | 190.1M | |
Ebit | (136.5M) | (125.3M) | (390.5M) | 15.9M | 202.3M | 212.4M | |
Research Development | 0.33 | 0.42 | 0.37 | 0.8 | 0.27 | 0.43 | |
Ebitda | 159.1M | 334.3M | 481.9M | 4K | 249.9M | 217.9M | |
Cost Of Revenue | 240.4M | 403.2M | 788.7M | 214.2M | 372.5M | 362.3M | |
Total Operating Expenses | 55.3M | 56.4M | 124.5M | 172.1M | 148.2M | 101.0M | |
Reconciled Depreciation | 7.1M | 5.5M | 27.0M | 47.4M | 47.6M | 50.0M | |
Income Before Tax | 148.7M | 337.8M | 512.6M | (41.5M) | 195.4M | 204.4M | |
Total Other Income Expense Net | (3.3M) | 9.0M | 57.6M | 376.7M | 4.5M | 4.3M | |
Net Income | 131.9M | 314.6M | 484.3M | (45.3M) | 58.1M | 55.2M |
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
0.73 | V | Visa Class A | PairCorr |
0.69 | DHIL | Diamond Hill Investment | PairCorr |
0.85 | DIST | Distoken Acquisition | PairCorr |
0.78 | AB | AllianceBernstein | PairCorr |
0.83 | AC | Associated Capital | PairCorr |
Moving against Stepstone Stock
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.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.