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Side-by-side financial comparison of FRANKLIN ELECTRIC CO INC (FELE) 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 $500.4M, roughly 1.2× FRANKLIN ELECTRIC CO INC). FRANKLIN ELECTRIC CO INC runs the higher net margin — 6.9% vs -21.0%, a 28.0% gap on every dollar of revenue. On growth, StepStone Group Inc. posted the faster year-over-year revenue change (73.0% vs 9.9%). Over the past eight quarters, StepStone Group Inc.'s revenue compounded faster (28.2% CAGR vs -4.0%).

Franklin Electric Co., Inc. is a manufacturer and distributor of products and systems focused on the movement and management of water and energy. The company offers pumps, motors, drives, and controls for use in a variety of residential, commercial, agricultural, industrial, and municipal applications. Headquartered in Fort Wayne, Indiana, the company also operates manufacturing facilities in the United States, Germany, Czech Republic, Italy, Turkey, Mexico, Brazil, Australia, South Africa, C...

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.

FELE vs STEP — Head-to-Head

Bigger by revenue
STEP
STEP
1.2× larger
STEP
$586.5M
$500.4M
FELE
Growing faster (revenue YoY)
STEP
STEP
+63.1% gap
STEP
73.0%
9.9%
FELE
Higher net margin
FELE
FELE
28.0% more per $
FELE
6.9%
-21.0%
STEP
Faster 2-yr revenue CAGR
STEP
STEP
Annualised
STEP
28.2%
-4.0%
FELE

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
FELE
FELE
STEP
STEP
Revenue
$500.4M
$586.5M
Net Profit
$34.7M
$-123.5M
Gross Margin
35.0%
Operating Margin
9.6%
-33.2%
Net Margin
6.9%
-21.0%
Revenue YoY
9.9%
73.0%
Net Profit YoY
10.6%
35.7%
EPS (diluted)
$0.77
$-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
FELE
FELE
STEP
STEP
Q1 26
$500.4M
Q4 25
$506.9M
$586.5M
Q3 25
$581.7M
$454.2M
Q2 25
$587.4M
$364.3M
Q1 25
$455.2M
$377.7M
Q4 24
$485.7M
$339.0M
Q3 24
$531.4M
$271.7M
Q2 24
$543.3M
$186.4M
Net Profit
FELE
FELE
STEP
STEP
Q1 26
$34.7M
Q4 25
$39.3M
$-123.5M
Q3 25
$16.7M
$-366.1M
Q2 25
$60.1M
$-38.4M
Q1 25
$31.0M
$-18.5M
Q4 24
$33.7M
$-192.0M
Q3 24
$54.6M
$17.6M
Q2 24
$59.1M
$13.3M
Gross Margin
FELE
FELE
STEP
STEP
Q1 26
35.0%
Q4 25
33.8%
Q3 25
35.9%
Q2 25
36.1%
Q1 25
36.0%
Q4 24
33.8%
Q3 24
35.7%
Q2 24
36.8%
Operating Margin
FELE
FELE
STEP
STEP
Q1 26
9.6%
Q4 25
10.2%
-33.2%
Q3 25
14.6%
-148.8%
Q2 25
15.0%
-5.6%
Q1 25
9.7%
2.6%
Q4 24
8.9%
-101.7%
Q3 24
13.8%
21.3%
Q2 24
14.6%
29.4%
Net Margin
FELE
FELE
STEP
STEP
Q1 26
6.9%
Q4 25
7.7%
-21.0%
Q3 25
2.9%
-80.6%
Q2 25
10.2%
-10.5%
Q1 25
6.8%
-4.9%
Q4 24
6.9%
-56.6%
Q3 24
10.3%
6.5%
Q2 24
10.9%
7.2%
EPS (diluted)
FELE
FELE
STEP
STEP
Q1 26
$0.77
Q4 25
$0.87
$-1.55
Q3 25
$0.37
$-4.66
Q2 25
$1.31
$-0.49
Q1 25
$0.67
$-0.37
Q4 24
$0.73
$-2.61
Q3 24
$1.17
$0.26
Q2 24
$1.26
$0.20

Balance Sheet & Financial Strength

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

Metric
FELE
FELE
STEP
STEP
Cash + ST InvestmentsLiquidity on hand
$80.4M
Total DebtLower is stronger
$134.4M
$270.2M
Stockholders' EquityBook value
$1.3B
$-378.8M
Total Assets
$2.0B
$5.2B
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FELE
FELE
STEP
STEP
Q1 26
$80.4M
Q4 25
$99.7M
Q3 25
$102.9M
Q2 25
$104.6M
Q1 25
$84.0M
Q4 24
$220.5M
Q3 24
$106.3M
Q2 24
$58.1M
Total Debt
FELE
FELE
STEP
STEP
Q1 26
$134.4M
Q4 25
$135.2M
$270.2M
Q3 25
$135.2M
$269.9M
Q2 25
$14.5M
$269.6M
Q1 25
$14.9M
$269.3M
Q4 24
$11.6M
$168.9M
Q3 24
$11.6M
$172.3M
Q2 24
$87.2M
$172.1M
Stockholders' Equity
FELE
FELE
STEP
STEP
Q1 26
$1.3B
Q4 25
$1.3B
$-378.8M
Q3 25
$1.3B
$-233.5M
Q2 25
$1.3B
$153.9M
Q1 25
$1.3B
$179.4M
Q4 24
$1.3B
$209.8M
Q3 24
$1.3B
$397.5M
Q2 24
$1.2B
$366.9M
Total Assets
FELE
FELE
STEP
STEP
Q1 26
$2.0B
Q4 25
$1.9B
$5.2B
Q3 25
$2.0B
$5.3B
Q2 25
$2.0B
$4.8B
Q1 25
$1.9B
$4.6B
Q4 24
$1.8B
$4.3B
Q3 24
$1.8B
$4.0B
Q2 24
$1.8B
$3.8B
Debt / Equity
FELE
FELE
STEP
STEP
Q1 26
0.10×
Q4 25
0.10×
Q3 25
0.10×
Q2 25
0.01×
1.75×
Q1 25
0.01×
1.50×
Q4 24
0.01×
0.81×
Q3 24
0.01×
0.43×
Q2 24
0.07×
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
FELE
FELE
STEP
STEP
Operating Cash FlowLast quarter
$27.2M
Free Cash FlowOCF − Capex
$26.7M
FCF MarginFCF / Revenue
4.6%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$18.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FELE
FELE
STEP
STEP
Q1 26
Q4 25
$104.2M
$27.2M
Q3 25
$102.7M
$16.2M
Q2 25
$51.5M
$46.3M
Q1 25
$-19.5M
$-66.5M
Q4 24
$110.3M
$27.6M
Q3 24
$116.1M
$53.7M
Q2 24
$36.4M
$50.2M
Free Cash Flow
FELE
FELE
STEP
STEP
Q1 26
Q4 25
$88.7M
$26.7M
Q3 25
$91.3M
$15.9M
Q2 25
$39.9M
$45.2M
Q1 25
$-26.3M
$-69.2M
Q4 24
$97.5M
$27.0M
Q3 24
$106.6M
$52.4M
Q2 24
$26.1M
$49.6M
FCF Margin
FELE
FELE
STEP
STEP
Q1 26
Q4 25
17.5%
4.6%
Q3 25
15.7%
3.5%
Q2 25
6.8%
12.4%
Q1 25
-5.8%
-18.3%
Q4 24
20.1%
8.0%
Q3 24
20.1%
19.3%
Q2 24
4.8%
26.6%
Capex Intensity
FELE
FELE
STEP
STEP
Q1 26
Q4 25
3.1%
0.1%
Q3 25
2.0%
0.1%
Q2 25
2.0%
0.3%
Q1 25
1.5%
0.7%
Q4 24
2.6%
0.2%
Q3 24
1.8%
0.5%
Q2 24
1.9%
0.3%
Cash Conversion
FELE
FELE
STEP
STEP
Q1 26
Q4 25
2.65×
Q3 25
6.14×
Q2 25
0.86×
Q1 25
-0.63×
Q4 24
3.28×
Q3 24
2.13×
3.05×
Q2 24
0.62×
3.76×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FELE
FELE

Segment breakdown not available.

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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