vs

Side-by-side financial comparison of AMERICAN WOODMARK CORP (AMWD) and StepStone Group Inc. (STEP). Click either name above to swap in a different company.

StepStone Group Inc. is the larger business by last-quarter revenue ($586.5M vs $394.6M, roughly 1.5× AMERICAN WOODMARK CORP). AMERICAN WOODMARK CORP runs the higher net margin — 1.5% vs -21.0%, a 22.6% gap on every dollar of revenue. On growth, StepStone Group Inc. posted the faster year-over-year revenue change (73.0% vs -12.8%). StepStone Group Inc. produced more free cash flow last quarter ($26.7M vs $638.0K). Over the past eight quarters, StepStone Group Inc.'s revenue compounded faster (28.2% CAGR vs -3.3%).

American Woodmark Corporation is a kitchen and bath cabinet manufacturer headquartered in Winchester, Virginia. The company operates several manufacturing facilities and service centers. The manufacturing facilities are located in Arizona, Georgia, Indiana, Kentucky, Maryland, Tennessee, Virginia, and West Virginia with service centers being located throughout the country.

Rosetta Stone Inc. is an American education technology software company that develops language, literacy and brain-fitness software. Best known for its language-learning products, in 2013, the company expanded beyond language into education-technology with its acquisitions of Livemocha, Lexia Learning, Fit Brains, and Tell Me More. In 2021, it became a subsidiary of IXL Learning.

AMWD vs STEP — Head-to-Head

Bigger by revenue
STEP
STEP
1.5× larger
STEP
$586.5M
$394.6M
AMWD
Growing faster (revenue YoY)
STEP
STEP
+85.8% gap
STEP
73.0%
-12.8%
AMWD
Higher net margin
AMWD
AMWD
22.6% more per $
AMWD
1.5%
-21.0%
STEP
More free cash flow
STEP
STEP
$26.1M more FCF
STEP
$26.7M
$638.0K
AMWD
Faster 2-yr revenue CAGR
STEP
STEP
Annualised
STEP
28.2%
-3.3%
AMWD

Income Statement — Q2 FY2026 vs Q3 FY2026

Metric
AMWD
AMWD
STEP
STEP
Revenue
$394.6M
$586.5M
Net Profit
$6.1M
$-123.5M
Gross Margin
15.2%
Operating Margin
3.1%
-33.2%
Net Margin
1.5%
-21.0%
Revenue YoY
-12.8%
73.0%
Net Profit YoY
-78.0%
35.7%
EPS (diluted)
$0.42
$-1.55

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMWD
AMWD
STEP
STEP
Q4 25
$394.6M
$586.5M
Q3 25
$403.0M
$454.2M
Q2 25
$400.4M
$364.3M
Q1 25
$397.6M
$377.7M
Q4 24
$452.5M
$339.0M
Q3 24
$459.1M
$271.7M
Q2 24
$453.3M
$186.4M
Q1 24
$422.1M
$356.8M
Net Profit
AMWD
AMWD
STEP
STEP
Q4 25
$6.1M
$-123.5M
Q3 25
$14.6M
$-366.1M
Q2 25
$25.6M
$-38.4M
Q1 25
$16.6M
$-18.5M
Q4 24
$27.7M
$-192.0M
Q3 24
$29.6M
$17.6M
Q2 24
$26.8M
$13.3M
Q1 24
$21.2M
$30.8M
Gross Margin
AMWD
AMWD
STEP
STEP
Q4 25
15.2%
Q3 25
16.7%
Q2 25
17.0%
Q1 25
15.0%
Q4 24
18.9%
Q3 24
20.2%
Q2 24
18.6%
Q1 24
19.2%
Operating Margin
AMWD
AMWD
STEP
STEP
Q4 25
3.1%
-33.2%
Q3 25
5.0%
-148.8%
Q2 25
7.4%
-5.6%
Q1 25
5.3%
2.6%
Q4 24
9.4%
-101.7%
Q3 24
10.2%
21.3%
Q2 24
8.4%
29.4%
Q1 24
6.6%
26.5%
Net Margin
AMWD
AMWD
STEP
STEP
Q4 25
1.5%
-21.0%
Q3 25
3.6%
-80.6%
Q2 25
6.4%
-10.5%
Q1 25
4.2%
-4.9%
Q4 24
6.1%
-56.6%
Q3 24
6.5%
6.5%
Q2 24
5.9%
7.2%
Q1 24
5.0%
8.6%
EPS (diluted)
AMWD
AMWD
STEP
STEP
Q4 25
$0.42
$-1.55
Q3 25
$1.00
$-4.66
Q2 25
$1.73
$-0.49
Q1 25
$1.09
$-0.37
Q4 24
$1.79
$-2.61
Q3 24
$1.89
$0.26
Q2 24
$1.70
$0.20
Q1 24
$1.32
$0.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMWD
AMWD
STEP
STEP
Cash + ST InvestmentsLiquidity on hand
$52.1M
Total DebtLower is stronger
$363.3M
$270.2M
Stockholders' EquityBook value
$928.2M
$-378.8M
Total Assets
$1.6B
$5.2B
Debt / EquityLower = less leverage
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMWD
AMWD
STEP
STEP
Q4 25
$52.1M
Q3 25
$54.9M
Q2 25
$48.2M
Q1 25
$43.5M
Q4 24
$56.7M
Q3 24
$89.3M
Q2 24
$87.4M
Q1 24
$97.8M
Total Debt
AMWD
AMWD
STEP
STEP
Q4 25
$363.3M
$270.2M
Q3 25
$364.8M
$269.9M
Q2 25
$365.8M
$269.6M
Q1 25
$367.3M
$269.3M
Q4 24
$368.0M
$168.9M
Q3 24
$372.2M
$172.3M
Q2 24
$371.8M
$172.1M
Q1 24
$371.3M
$148.8M
Stockholders' Equity
AMWD
AMWD
STEP
STEP
Q4 25
$928.2M
$-378.8M
Q3 25
$920.3M
$-233.5M
Q2 25
$916.0M
$153.9M
Q1 25
$919.6M
$179.4M
Q4 24
$915.1M
$209.8M
Q3 24
$913.8M
$397.5M
Q2 24
$910.4M
$366.9M
Q1 24
$896.9M
$324.5M
Total Assets
AMWD
AMWD
STEP
STEP
Q4 25
$1.6B
$5.2B
Q3 25
$1.6B
$5.3B
Q2 25
$1.6B
$4.8B
Q1 25
$1.6B
$4.6B
Q4 24
$1.6B
$4.3B
Q3 24
$1.6B
$4.0B
Q2 24
$1.6B
$3.8B
Q1 24
$1.6B
$3.8B
Debt / Equity
AMWD
AMWD
STEP
STEP
Q4 25
0.39×
Q3 25
0.40×
Q2 25
0.40×
1.75×
Q1 25
0.40×
1.50×
Q4 24
0.40×
0.81×
Q3 24
0.41×
0.43×
Q2 24
0.41×
0.47×
Q1 24
0.41×
0.46×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMWD
AMWD
STEP
STEP
Operating Cash FlowLast quarter
$11.2M
$27.2M
Free Cash FlowOCF − Capex
$638.0K
$26.7M
FCF MarginFCF / Revenue
0.2%
4.6%
Capex IntensityCapex / Revenue
2.7%
0.1%
Cash ConversionOCF / Net Profit
1.83×
TTM Free Cash FlowTrailing 4 quarters
$64.0M
$18.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMWD
AMWD
STEP
STEP
Q4 25
$11.2M
$27.2M
Q3 25
$33.1M
$16.2M
Q2 25
$44.8M
$46.3M
Q1 25
$11.0M
$-66.5M
Q4 24
$11.9M
$27.6M
Q3 24
$40.8M
$53.7M
Q2 24
$43.3M
$50.2M
Q1 24
$43.7M
$7.6M
Free Cash Flow
AMWD
AMWD
STEP
STEP
Q4 25
$638.0K
$26.7M
Q3 25
$25.3M
$15.9M
Q2 25
$35.8M
$45.2M
Q1 25
$2.3M
$-69.2M
Q4 24
$1.1M
$27.0M
Q3 24
$29.5M
$52.4M
Q2 24
$7.2M
$49.6M
Q1 24
$22.1M
$6.7M
FCF Margin
AMWD
AMWD
STEP
STEP
Q4 25
0.2%
4.6%
Q3 25
6.3%
3.5%
Q2 25
8.9%
12.4%
Q1 25
0.6%
-18.3%
Q4 24
0.2%
8.0%
Q3 24
6.4%
19.3%
Q2 24
1.6%
26.6%
Q1 24
5.2%
1.9%
Capex Intensity
AMWD
AMWD
STEP
STEP
Q4 25
2.7%
0.1%
Q3 25
1.9%
0.1%
Q2 25
2.2%
0.3%
Q1 25
2.2%
0.7%
Q4 24
2.4%
0.2%
Q3 24
2.5%
0.5%
Q2 24
8.0%
0.3%
Q1 24
5.1%
0.3%
Cash Conversion
AMWD
AMWD
STEP
STEP
Q4 25
1.83×
Q3 25
2.27×
Q2 25
1.75×
Q1 25
0.66×
Q4 24
0.43×
Q3 24
1.38×
3.05×
Q2 24
1.62×
3.76×
Q1 24
2.06×
0.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMWD
AMWD

Home Center Retailers$166.7M42%
Builders$164.7M42%
Independent Dealersand Distributors$63.2M16%

STEP
STEP

Other$210.1M36%
Management And Advisory Fees Net Focused Commingled Funds$143.3M24%
Carried Interest Allocation Focused Commingled Funds$85.1M15%
Carried Interest Allocation Separately Managed Accounts$63.6M11%
Carried Interest Allocation Realized$46.7M8%
Management And Advisory Fees Net Advisory And Other Services$18.3M3%
Legacy Carried Interest Allocation Focused Commingled Funds$10.3M2%
Income Based Incentive Fees$6.0M1%
Management And Advisory Fees Net Fund Reimbursement Revenues$3.1M1%

Related Comparisons