vs

Side-by-side financial comparison of RPC INC (RES) 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 $425.8M, roughly 1.4× RPC INC). RPC INC runs the higher net margin — -0.7% vs -21.0%, a 20.3% gap on every dollar of revenue. On growth, StepStone Group Inc. posted the faster year-over-year revenue change (73.0% vs 27.0%). RPC INC produced more free cash flow last quarter ($31.2M vs $26.7M). Over the past eight quarters, StepStone Group Inc.'s revenue compounded faster (28.2% CAGR vs 6.2%).

RPC Group plc is based in the United Kingdom, and is one of Europe's largest supplier of plastic packaging. Its headquarters are in Rushden in Northamptonshire. It was listed on the London Stock Exchange until it was acquired in 2019 by Berry Global Group Inc, which in turn was acquired by Amcor in 2025.

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.

RES vs STEP — Head-to-Head

Bigger by revenue
STEP
STEP
1.4× larger
STEP
$586.5M
$425.8M
RES
Growing faster (revenue YoY)
STEP
STEP
+46.0% gap
STEP
73.0%
27.0%
RES
Higher net margin
RES
RES
20.3% more per $
RES
-0.7%
-21.0%
STEP
More free cash flow
RES
RES
$4.5M more FCF
RES
$31.2M
$26.7M
STEP
Faster 2-yr revenue CAGR
STEP
STEP
Annualised
STEP
28.2%
6.2%
RES

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
RES
RES
STEP
STEP
Revenue
$425.8M
$586.5M
Net Profit
$-3.1M
$-123.5M
Gross Margin
21.0%
Operating Margin
-0.9%
-33.2%
Net Margin
-0.7%
-21.0%
Revenue YoY
27.0%
73.0%
Net Profit YoY
-124.0%
35.7%
EPS (diluted)
$-0.02
$-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
RES
RES
STEP
STEP
Q4 25
$425.8M
$586.5M
Q3 25
$447.1M
$454.2M
Q2 25
$420.8M
$364.3M
Q1 25
$332.9M
$377.7M
Q4 24
$335.4M
$339.0M
Q3 24
$337.7M
$271.7M
Q2 24
$364.2M
$186.4M
Q1 24
$377.8M
$356.8M
Net Profit
RES
RES
STEP
STEP
Q4 25
$-3.1M
$-123.5M
Q3 25
$13.0M
$-366.1M
Q2 25
$10.1M
$-38.4M
Q1 25
$12.0M
$-18.5M
Q4 24
$12.8M
$-192.0M
Q3 24
$18.8M
$17.6M
Q2 24
$32.4M
$13.3M
Q1 24
$27.5M
$30.8M
Gross Margin
RES
RES
STEP
STEP
Q4 25
21.0%
Q3 25
25.1%
Q2 25
24.5%
Q1 25
26.7%
Q4 24
25.4%
Q3 24
26.7%
Q2 24
28.0%
Q1 24
26.8%
Operating Margin
RES
RES
STEP
STEP
Q4 25
-0.9%
-33.2%
Q3 25
4.7%
-148.8%
Q2 25
3.7%
-5.6%
Q1 25
3.7%
2.6%
Q4 24
3.1%
-101.7%
Q3 24
5.7%
21.3%
Q2 24
9.7%
29.4%
Q1 24
8.6%
26.5%
Net Margin
RES
RES
STEP
STEP
Q4 25
-0.7%
-21.0%
Q3 25
2.9%
-80.6%
Q2 25
2.4%
-10.5%
Q1 25
3.6%
-4.9%
Q4 24
3.8%
-56.6%
Q3 24
5.6%
6.5%
Q2 24
8.9%
7.2%
Q1 24
7.3%
8.6%
EPS (diluted)
RES
RES
STEP
STEP
Q4 25
$-0.02
$-1.55
Q3 25
$0.06
$-4.66
Q2 25
$0.05
$-0.49
Q1 25
$0.06
$-0.37
Q4 24
$0.06
$-2.61
Q3 24
$0.09
$0.26
Q2 24
$0.15
$0.20
Q1 24
$0.13
$0.47

Balance Sheet & Financial Strength

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

Metric
RES
RES
STEP
STEP
Cash + ST InvestmentsLiquidity on hand
$210.0M
Total DebtLower is stronger
$270.2M
Stockholders' EquityBook value
$1.1B
$-378.8M
Total Assets
$1.5B
$5.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RES
RES
STEP
STEP
Q4 25
$210.0M
Q3 25
$163.5M
Q2 25
$162.1M
Q1 25
$326.7M
Q4 24
$326.0M
Q3 24
$276.9M
Q2 24
$261.5M
Q1 24
$212.2M
Total Debt
RES
RES
STEP
STEP
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
Q1 24
$148.8M
Stockholders' Equity
RES
RES
STEP
STEP
Q4 25
$1.1B
$-378.8M
Q3 25
$1.1B
$-233.5M
Q2 25
$1.1B
$153.9M
Q1 25
$1.1B
$179.4M
Q4 24
$1.1B
$209.8M
Q3 24
$1.1B
$397.5M
Q2 24
$1.1B
$366.9M
Q1 24
$1.0B
$324.5M
Total Assets
RES
RES
STEP
STEP
Q4 25
$1.5B
$5.2B
Q3 25
$1.5B
$5.3B
Q2 25
$1.5B
$4.8B
Q1 25
$1.3B
$4.6B
Q4 24
$1.4B
$4.3B
Q3 24
$1.3B
$4.0B
Q2 24
$1.3B
$3.8B
Q1 24
$1.3B
$3.8B
Debt / Equity
RES
RES
STEP
STEP
Q4 25
Q3 25
Q2 25
1.75×
Q1 25
1.50×
Q4 24
0.81×
Q3 24
0.43×
Q2 24
0.47×
Q1 24
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
RES
RES
STEP
STEP
Operating Cash FlowLast quarter
$61.9M
$27.2M
Free Cash FlowOCF − Capex
$31.2M
$26.7M
FCF MarginFCF / Revenue
7.3%
4.6%
Capex IntensityCapex / Revenue
7.2%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$52.9M
$18.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RES
RES
STEP
STEP
Q4 25
$61.9M
$27.2M
Q3 25
$46.5M
$16.2M
Q2 25
$53.1M
$46.3M
Q1 25
$39.9M
$-66.5M
Q4 24
$94.2M
$27.6M
Q3 24
$70.7M
$53.7M
Q2 24
$127.9M
$50.2M
Q1 24
$56.6M
$7.6M
Free Cash Flow
RES
RES
STEP
STEP
Q4 25
$31.2M
$26.7M
Q3 25
$4.1M
$15.9M
Q2 25
$10.0M
$45.2M
Q1 25
$7.6M
$-69.2M
Q4 24
$53.7M
$27.0M
Q3 24
$19.1M
$52.4M
Q2 24
$52.9M
$49.6M
Q1 24
$3.8M
$6.7M
FCF Margin
RES
RES
STEP
STEP
Q4 25
7.3%
4.6%
Q3 25
0.9%
3.5%
Q2 25
2.4%
12.4%
Q1 25
2.3%
-18.3%
Q4 24
16.0%
8.0%
Q3 24
5.6%
19.3%
Q2 24
14.5%
26.6%
Q1 24
1.0%
1.9%
Capex Intensity
RES
RES
STEP
STEP
Q4 25
7.2%
0.1%
Q3 25
9.5%
0.1%
Q2 25
10.2%
0.3%
Q1 25
9.7%
0.7%
Q4 24
12.1%
0.2%
Q3 24
15.3%
0.5%
Q2 24
20.6%
0.3%
Q1 24
14.0%
0.3%
Cash Conversion
RES
RES
STEP
STEP
Q4 25
Q3 25
3.59×
Q2 25
5.23×
Q1 25
3.31×
Q4 24
7.38×
Q3 24
3.76×
3.05×
Q2 24
3.95×
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

RES
RES

Technical Service$405.2M95%
Other$8.8M2%
Nitrogen$6.6M2%

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