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Side-by-side financial comparison of CHEMED CORP (CHE) 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 $420.0M, roughly 1.4× CHEMED CORP). CHEMED CORP runs the higher net margin — 15.8% vs -21.0%, a 36.8% gap on every dollar of revenue. On growth, StepStone Group Inc. posted the faster year-over-year revenue change (73.0% vs 3.1%). Over the past eight quarters, StepStone Group Inc.'s revenue compounded faster (28.2% CAGR vs 5.9%).

LG Chem Ltd., often referred to as LG Chemical, is the largest Korean chemical company and is headquartered in Seoul, South Korea. It was the 9th largest chemical company in the world by sales in 2021. It was first established as the Lucky Chemical Industrial Corporation, which manufactured cosmetics. It is now solely a business-to-business company.

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.

CHE vs STEP — Head-to-Head

Bigger by revenue
STEP
STEP
1.4× larger
STEP
$586.5M
$420.0M
CHE
Growing faster (revenue YoY)
STEP
STEP
+69.9% gap
STEP
73.0%
3.1%
CHE
Higher net margin
CHE
CHE
36.8% more per $
CHE
15.8%
-21.0%
STEP
Faster 2-yr revenue CAGR
STEP
STEP
Annualised
STEP
28.2%
5.9%
CHE

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
CHE
CHE
STEP
STEP
Revenue
$420.0M
$586.5M
Net Profit
$66.3M
$-123.5M
Gross Margin
Operating Margin
20.1%
-33.2%
Net Margin
15.8%
-21.0%
Revenue YoY
3.1%
73.0%
Net Profit YoY
35.7%
EPS (diluted)
$-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
CHE
CHE
STEP
STEP
Q1 26
$420.0M
Q4 25
$639.3M
$586.5M
Q3 25
$624.9M
$454.2M
Q2 25
$618.8M
$364.3M
Q1 25
$646.9M
$377.7M
Q4 24
$411.0M
$339.0M
Q3 24
$391.4M
$271.7M
Q2 24
$374.6M
$186.4M
Net Profit
CHE
CHE
STEP
STEP
Q1 26
$66.3M
Q4 25
$76.8M
$-123.5M
Q3 25
$64.2M
$-366.1M
Q2 25
$52.5M
$-38.4M
Q1 25
$71.8M
$-18.5M
Q4 24
$90.3M
$-192.0M
Q3 24
$75.8M
$17.6M
Q2 24
$70.9M
$13.3M
Gross Margin
CHE
CHE
STEP
STEP
Q1 26
Q4 25
35.2%
Q3 25
31.5%
Q2 25
29.8%
Q1 25
33.5%
Q4 24
1.2%
Q3 24
-1.2%
Q2 24
-4.1%
Operating Margin
CHE
CHE
STEP
STEP
Q1 26
20.1%
Q4 25
15.7%
-33.2%
Q3 25
12.0%
-148.8%
Q2 25
11.0%
-5.6%
Q1 25
14.6%
2.6%
Q4 24
27.7%
-101.7%
Q3 24
23.5%
21.3%
Q2 24
23.5%
29.4%
Net Margin
CHE
CHE
STEP
STEP
Q1 26
15.8%
Q4 25
12.0%
-21.0%
Q3 25
10.3%
-80.6%
Q2 25
8.5%
-10.5%
Q1 25
11.1%
-4.9%
Q4 24
22.0%
-56.6%
Q3 24
19.4%
6.5%
Q2 24
18.9%
7.2%
EPS (diluted)
CHE
CHE
STEP
STEP
Q1 26
Q4 25
$5.45
$-1.55
Q3 25
$4.46
$-4.66
Q2 25
$3.57
$-0.49
Q1 25
$4.86
$-0.37
Q4 24
$6.00
$-2.61
Q3 24
$5.00
$0.26
Q2 24
$4.65
$0.20

Balance Sheet & Financial Strength

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

Metric
CHE
CHE
STEP
STEP
Cash + ST InvestmentsLiquidity on hand
$16.9M
Total DebtLower is stronger
$91.2M
$270.2M
Stockholders' EquityBook value
$848.0M
$-378.8M
Total Assets
$1.5B
$5.2B
Debt / EquityLower = less leverage
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHE
CHE
STEP
STEP
Q1 26
$16.9M
Q4 25
$74.5M
Q3 25
$129.8M
Q2 25
$249.9M
Q1 25
$173.9M
Q4 24
$178.3M
Q3 24
$238.5M
Q2 24
$222.9M
Total Debt
CHE
CHE
STEP
STEP
Q1 26
$91.2M
Q4 25
$270.2M
Q3 25
$269.9M
Q2 25
$269.6M
Q1 25
$269.3M
Q4 24
$168.9M
Q3 24
$172.3M
Q2 24
$172.1M
Stockholders' Equity
CHE
CHE
STEP
STEP
Q1 26
$848.0M
Q4 25
$979.4M
$-378.8M
Q3 25
$1.1B
$-233.5M
Q2 25
$1.2B
$153.9M
Q1 25
$1.2B
$179.4M
Q4 24
$1.1B
$209.8M
Q3 24
$1.2B
$397.5M
Q2 24
$1.2B
$366.9M
Total Assets
CHE
CHE
STEP
STEP
Q1 26
$1.5B
Q4 25
$1.5B
$5.2B
Q3 25
$1.6B
$5.3B
Q2 25
$1.7B
$4.8B
Q1 25
$1.7B
$4.6B
Q4 24
$1.7B
$4.3B
Q3 24
$1.8B
$4.0B
Q2 24
$1.7B
$3.8B
Debt / Equity
CHE
CHE
STEP
STEP
Q1 26
0.11×
Q4 25
Q3 25
Q2 25
1.75×
Q1 25
1.50×
Q4 24
0.81×
Q3 24
0.43×
Q2 24
0.47×

Cash Flow & Capital Efficiency

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

Metric
CHE
CHE
STEP
STEP
Operating Cash FlowLast quarter
$88.2M
$27.2M
Free Cash FlowOCF − Capex
$26.7M
FCF MarginFCF / Revenue
4.6%
Capex IntensityCapex / Revenue
4.1%
0.1%
Cash ConversionOCF / Net Profit
1.33×
TTM Free Cash FlowTrailing 4 quarters
$18.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHE
CHE
STEP
STEP
Q1 26
$88.2M
Q4 25
$133.5M
$27.2M
Q3 25
$83.4M
$16.2M
Q2 25
$138.6M
$46.3M
Q1 25
$32.7M
$-66.5M
Q4 24
$164.9M
$27.6M
Q3 24
$90.5M
$53.7M
Q2 24
$77.5M
$50.2M
Free Cash Flow
CHE
CHE
STEP
STEP
Q1 26
Q4 25
$117.2M
$26.7M
Q3 25
$66.0M
$15.9M
Q2 25
$122.8M
$45.2M
Q1 25
$19.5M
$-69.2M
Q4 24
$152.2M
$27.0M
Q3 24
$77.0M
$52.4M
Q2 24
$66.5M
$49.6M
FCF Margin
CHE
CHE
STEP
STEP
Q1 26
Q4 25
18.3%
4.6%
Q3 25
10.6%
3.5%
Q2 25
19.8%
12.4%
Q1 25
3.0%
-18.3%
Q4 24
37.0%
8.0%
Q3 24
19.7%
19.3%
Q2 24
17.7%
26.6%
Capex Intensity
CHE
CHE
STEP
STEP
Q1 26
4.1%
Q4 25
2.6%
0.1%
Q3 25
2.8%
0.1%
Q2 25
2.6%
0.3%
Q1 25
2.1%
0.7%
Q4 24
3.1%
0.2%
Q3 24
3.5%
0.5%
Q2 24
3.0%
0.3%
Cash Conversion
CHE
CHE
STEP
STEP
Q1 26
1.33×
Q4 25
1.74×
Q3 25
1.30×
Q2 25
2.64×
Q1 25
0.46×
Q4 24
1.83×
Q3 24
1.19×
3.05×
Q2 24
1.09×
3.76×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CHE
CHE

Homecare$371.1M88%
Inpatient$35.9M9%
Other$13.0M3%

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%

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