Carlyle Group (CG) vs StepStone Group (STEP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
StepStone Group (STEP) has outperformed Carlyle Group (CG) over the past year, losing 31.7% versus a loss of 38.6%. Over five years, STEP leads with a +2.6% price change compared with -26.5% for CG. Carlyle Group is the larger company by market cap ($13.47 billion vs $5.70 billion), about 2.4 times the size, while StepStone Group is growing revenue faster (+69.7% vs -11.9%).
On valuation, Carlyle Group trades at a lower forward P/E (7.4x vs 13.0x for StepStone Group). Carlyle Group offers the higher dividend yield (3.70% vs 2.54%). Carlyle Group converts more of its revenue into profit, with a net margin of 16.9% versus -26.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CG | STEP |
|---|---|---|
| Share price | $37.80 | $44.18 |
| Market cap | $13.47B | $5.70B |
| 1-day change | -2.78% | -2.17% |
| YTD return | -36.05% | -31.15% |
| 1-year return | -38.65% | -31.65% |
| 5-year return | -26.53% | +2.62% |
| P/E ratio (TTM) | 38.97 | — |
| Forward P/E | 7.44 | 12.96 |
| EPS (TTM) | $0.97 | $-7.68 |
| Dividend yield | 3.70% | 2.54% |
| Annual dividend | $1.40 | $1.12 |
| Revenue (latest FY) | $4.78B | $1.99B |
| Revenue growth (YoY) | -11.91% | +69.69% |
| Net income (latest FY) | $808.70M | $-535.81M |
| Net margin | 16.92% | -26.88% |
| 52-week high | $67.30 | $77.80 |
| 52-week low | $37.50 | $38.85 |
| Distance from 52-week high | -43.83% | -43.21% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +45.21% | +53.01% |
| Average volume | 3.51M | 1.19M |
| Shares outstanding | 356.33M | 82.29M |
| Employees | 2,500 | 1,355 |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Carlyle Group is about 2.4 times larger than StepStone Group by market value ($13.47B vs $5.70B).
- Carlyle Group offers a meaningfully higher dividend yield (3.70% vs 2.54%).
- Carlyle Group is more profitable, keeping 16.9 cents of every revenue dollar as net income versus -26.9 cents for StepStone Group.
- StepStone Group grew revenue faster in its latest fiscal year (+69.69% vs -11.91%).
About Carlyle Group
CG stock →The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments.
Finance · Investment Managers · 2,500 employees
About StepStone Group
STEP stock →StepStone Group Inc. is a private equity and venture capital firm specializing in primary, direct, fund of funds, secondary direct, and secondary indirect investments.
Finance · Investment Managers · 1,355 employees
CG vs STEP FAQ
Which is bigger, Carlyle Group or StepStone Group?
Carlyle Group (CG) is larger, with a market capitalization of $13.47B compared with $5.70B for StepStone Group (STEP).
Which stock has performed better over the past year, CG or STEP?
STEP returned -31.65% over the past 12 months, compared with -38.65% for CG (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Carlyle Group or StepStone Group?
Carlyle Group has the higher yield at 3.70%, compared with 2.54% for StepStone Group.
Are Carlyle Group and StepStone Group in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.