Morningstar vs StepStone
MORN and STEP side by side, both in services allied with the exchange of securities. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How MORN and STEP compare
Morningstar is the larger company, worth 1.6 times as much as StepStone ($8.5B against $5.2B).
StepStone grew revenue faster over the last twelve months (48.5% versus 9.3% for Morningstar).
Both pay dividends: Morningstar yields 0.88% and StepStone 4.0%.
Morningstar scores higher on the StockData Score (12 against 8 for StepStone), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | MORN | STEP |
|---|---|---|
| Size and price | ||
| Market cap | $8.5B | $5.2B |
| Share price | $226.19 | $43.22 |
| Change, 1 year | 8.3% | −30.9% |
| Change, 5 years | −27.7% | −9.4% |
| Beta (5Y) | 1.01 | 1.49 |
| Employees | 11K | 1,310 |
| StockData Score | ||
| Total score | 12 (better) | 8 |
| Valuation score | 3 (better) | 1 |
| Growth score | 3 (better) | 1 |
| Performance score | 0 | 0 |
| Health score | 3 | 4 (better) |
| Dividend score | 3 (better) | 2 |
| Valuation | ||
| P/S | 3.3× | 2.6× (better) |
| EV/EBITDA | 12.1× | – |
| P/FCF | 17.1× | – |
| FCF yield | 5.9% (better) | −8.4% |
| Fair value | $286.32 | – |
| Margin of safety | 21.0% | – |
| Growth | ||
| Revenue growth (TTM) | 9.3% | 48.5% (better) |
| Revenue growth, 5Y average | 12.0% | 20.4% (better) |
| EPS growth, 5Y average | 11.4% | – |
| Profitability | ||
| Gross margin | 62.2% | – |
| Operating margin | 23.5% | – |
| Net margin | – | −30.5% |
| FCF margin | 19.4% (better) | −21.9% |
| Financial health | ||
| Net debt / EBITDA | 1.50 | – |
| Current ratio | 1.06 | – |
| Altman Z-score | 3.76 (better) | 0.54 |
| Piotroski F-score | – | 4 |
| Dividends and buybacks | ||
| Dividend yield | 0.88% | 4.0% (better) |
| Years of dividend growth | 12 (better) | 1 |
| Dividend growth, 5Y average | 8.7% | 84.1% (better) |
| Buyback yield | 11.4% | – |
| Shareholder yield | 12.3% (better) | 4.0% |
| Ownership | ||
| Held by institutions | 64.6% | 66.2% |
| Held by insiders | 50.1% | 17.5% |
| Insider net buying, 12 months | −$76.1M | −$31.9M (better) |
| Superinvestors holding | 1 | – |
| Short interest, % of float | 7.6% | 6.1% |
Go deeper
- MORN stock overview
- MORN income statement
- MORN valuation and score
- STEP stock overview
- STEP income statement
- STEP valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.