TORVANTA
Other · S&P 500 · data as of 2026-10-05

STEP stock analysis: STEP

STEP (STEP) is an S&P 500 company in Other. It grades weakest on momentum.

The model's view of STEP · subscribers

Where STEP ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

See plans
What's happening with STEP · updated 2026-10-05 · from prices and SEC filings

STEP price performance

STEP against the S&P 500, one year
-40%-20%+0%+20%S&P 500 +18%STEP -28%2025-09-292026-10-05
Year to date-26.0%S&P 500 +14.5% · behind by 40.5 pts
1 year-28.7%S&P 500 +17.0% · behind by 45.8 pts
3 years+64.3%S&P 500 +89.3% · behind by 25.0 pts
5 years+29.4%S&P 500 +91.3% · behind by 61.9 pts

Total returns with dividends reinvested.

STEP factor grades

Each grade compares STEP with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

–ValueFCF yield -11.6% (industry 6.0%)
CGrowthRevenue growth +48% (industry +8%)
–Profitability
C-Momentum12-month change -29%From 52-wk high -38%

STEP in plain numbers

STEP key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$3.8B
Revenue growth (y/y)+48%
Free-cash-flow yield-11.6%
Dividend yield3.7%
Next earnings (expected)2026-11-05
Valuation measures
Market value$3.8B
Enterprise value$3.4B
Price / sales1.9x
EV / revenue1.7x
Financial highlights
Revenue, last 12 months$2.0B
Net income, last 12 months-$613.2M
EPS, last 12 months (GAAP)$-7.68
Net margin-30.5%
Cash$703.1M
Total debt$275.0M
Free cash flow, last 12 months-$439.4M

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

STEP earnings trends

Revenue vs earnings
-$366.1M-$127.5M$111.2M$349.9M$588.6MSep 2024 Revenue: $271.7MDec 2024 Revenue: $339.0MMar 2025 Revenue: $377.7MJun 2025 Revenue: $364.3MSep 2025 Revenue: $454.2MDec 2025 Revenue: $586.5MMar 2026 Revenue: $588.6MJun 2026 Revenue: $378.9MSep 2024 Net income: $17.6MDec 2024 Net income: -$192.0MMar 2025 Net income: -$18.5MJun 2025 Net income: -$38.4MSep 2025 Net income: -$366.1MDec 2025 Net income: -$123.5MMar 2026 Net income: -$7.8MJun 2026 Net income: -$115.8MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 6.5%Net margin: -56.6%Net margin: -4.9%Net margin: -10.5%Net margin: -80.6%Net margin: -21.0%Net margin: -1.3%Net margin: -30.6%-81%-37%6%■ Revenue ■ Net income ━ Net margin
Earnings per share$-4.7$-3.4$-2.2$-1.0$0.3Sep 2024 EPS (GAAP, diluted): $0.3Dec 2024 EPS (GAAP, diluted): $-2.6Mar 2025 EPS (GAAP, diluted): $-0.2Jun 2025 EPS (GAAP, diluted): $-0.5Sep 2025 EPS (GAAP, diluted): $-4.7Dec 2025 EPS (GAAP, diluted): $-1.6Mar 2026 EPS (GAAP, diluted): $-0.1Jun 2026 EPS (GAAP, diluted): $-1.4Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 -1892%

From the company's 10-Q and 10-K filings with the SEC.

STEP financials (from SEC filings)

Fiscal yearFY2022FY2023FY2024FY2025FY2026
Revenue$1.4B-$67.6M$711.6M$1.2B$2.0B
Net income$193.9M-$18.4M$58.1M-$179.6M-$535.8M
EPS (GAAP)$3.96$-0.30$0.92$-2.35$-6.76
Free cash flow$212.2M$145.6M$141.9M$59.8M$63.9M

STEP earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-08-06$-1.41n/a+4%-7.3%
2026-05-20$-0.06n/a+56%+3.0%
2026-02-05$-1.55n/a+73%-3.1%
2025-11-06$-4.66-1892%+67%-1.5%
2025-08-07$-0.49-345%+95%-0.5%
2025-05-22$-0.20-142%+6%+5.1%

About STEP

HeadquartersNew York, NY
Industry (SEC code)Investment Advice
Fiscal year endsMarch 31
Listed onNasdaq

From the company's SEC registration record.

Companies similar to STEP

CompanyMarket valueP/ERevenue growthOperating margin12-month change
STEP STEP$3.8Bn/a+48%n/a-29%
TNL TNL$3.8B16.7x+5%13.7%+3%compare
INDB INDB$3.8B14.3xn/an/a+19%compare
RUSHA RUSHA$3.8B14.2x-6%5.1%+38%compare
CDP CDP$3.8B23.2x+4%n/a+20%
JOE JOE$3.8B31.1x+28%30.2%+36%
ATMU ATMU$3.8B17.6x+13%17.2%+4%

All Other stock ratings

Frequently asked questions

Is STEP stock a buy?

Torvanta does not tell individuals what to buy. Its grades for STEP are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

When does STEP report earnings next?

Based on its filing history, Torvanta expects STEP to report around 2026-11-05.

Does STEP pay a dividend?

Yes. Its dividend yield is about 3.7%, and it has raised its dividend 1 years in a row.

How has STEP performed against the S&P 500?

Over the past year STEP returned -28.7%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

See plans Or get the free weekly newsletter

Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

All stock ratings · Stock lists · AI stock research · Model portfolio · Research · Disclaimer