vs

Side-by-side financial comparison of STANDARD MOTOR PRODUCTS, INC. (SMP) 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 $385.1M, roughly 1.5× STANDARD MOTOR PRODUCTS, INC.). STANDARD MOTOR PRODUCTS, INC. runs the higher net margin — 2.0% vs -21.0%, a 23.1% gap on every dollar of revenue. On growth, StepStone Group Inc. posted the faster year-over-year revenue change (73.0% vs 12.2%). StepStone Group Inc. produced more free cash flow last quarter ($26.7M vs $-37.6M). Over the past eight quarters, StepStone Group Inc.'s revenue compounded faster (28.2% CAGR vs 7.8%).

Standard Motor Products, Inc. is a manufacturer and distributor of automotive parts. The company was founded in 1919 as a partnership by Elias Fife and Ralph Van Allen and incorporated by Fife in 1926. It is headquartered in Long Island City, New York, and trades on the New York Stock Exchange. SMP includes four operational segments: Vehicle Control, Temperature Control, Engineered Solutions and Nissens. SMP’s Vehicle Control and Temperature Control divisions supply automotive aftermarket com...

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.

SMP vs STEP — Head-to-Head

Bigger by revenue
STEP
STEP
1.5× larger
STEP
$586.5M
$385.1M
SMP
Growing faster (revenue YoY)
STEP
STEP
+60.8% gap
STEP
73.0%
12.2%
SMP
Higher net margin
SMP
SMP
23.1% more per $
SMP
2.0%
-21.0%
STEP
More free cash flow
STEP
STEP
$64.4M more FCF
STEP
$26.7M
$-37.6M
SMP
Faster 2-yr revenue CAGR
STEP
STEP
Annualised
STEP
28.2%
7.8%
SMP

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
SMP
SMP
STEP
STEP
Revenue
$385.1M
$586.5M
Net Profit
$7.9M
$-123.5M
Gross Margin
31.7%
Operating Margin
5.6%
-33.2%
Net Margin
2.0%
-21.0%
Revenue YoY
12.2%
73.0%
Net Profit YoY
457.9%
35.7%
EPS (diluted)
$0.34
$-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
SMP
SMP
STEP
STEP
Q4 25
$385.1M
$586.5M
Q3 25
$498.8M
$454.2M
Q2 25
$493.9M
$364.3M
Q1 25
$413.4M
$377.7M
Q4 24
$343.4M
$339.0M
Q3 24
$399.3M
$271.7M
Q2 24
$389.8M
$186.4M
Q1 24
$331.4M
$356.8M
Net Profit
SMP
SMP
STEP
STEP
Q4 25
$7.9M
$-123.5M
Q3 25
$-4.3M
$-366.1M
Q2 25
$25.2M
$-38.4M
Q1 25
$12.6M
$-18.5M
Q4 24
$-2.2M
$-192.0M
Q3 24
$3.8M
$17.6M
Q2 24
$17.1M
$13.3M
Q1 24
$8.8M
$30.8M
Gross Margin
SMP
SMP
STEP
STEP
Q4 25
31.7%
Q3 25
32.4%
Q2 25
30.6%
Q1 25
30.2%
Q4 24
29.4%
Q3 24
30.4%
Q2 24
28.6%
Q1 24
27.0%
Operating Margin
SMP
SMP
STEP
STEP
Q4 25
5.6%
-33.2%
Q3 25
9.5%
-148.8%
Q2 25
8.7%
-5.6%
Q1 25
5.9%
2.6%
Q4 24
1.1%
-101.7%
Q3 24
9.3%
21.3%
Q2 24
6.4%
29.4%
Q1 24
4.4%
26.5%
Net Margin
SMP
SMP
STEP
STEP
Q4 25
2.0%
-21.0%
Q3 25
-0.9%
-80.6%
Q2 25
5.1%
-10.5%
Q1 25
3.0%
-4.9%
Q4 24
-0.6%
-56.6%
Q3 24
1.0%
6.5%
Q2 24
4.4%
7.2%
Q1 24
2.7%
8.6%
EPS (diluted)
SMP
SMP
STEP
STEP
Q4 25
$0.34
$-1.55
Q3 25
$-0.19
$-4.66
Q2 25
$1.13
$-0.49
Q1 25
$0.56
$-0.37
Q4 24
$-0.09
$-2.61
Q3 24
$0.17
$0.26
Q2 24
$0.77
$0.20
Q1 24
$0.39
$0.47

Balance Sheet & Financial Strength

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

Metric
SMP
SMP
STEP
STEP
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$618.7M
$270.2M
Stockholders' EquityBook value
$683.7M
$-378.8M
Total Assets
$2.0B
$5.2B
Debt / EquityLower = less leverage
0.90×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SMP
SMP
STEP
STEP
Q4 25
Q3 25
$87.2M
Q2 25
$58.8M
Q1 25
$50.3M
Q4 24
$44.4M
Q3 24
$26.3M
Q2 24
$26.2M
Q1 24
$27.1M
Total Debt
SMP
SMP
STEP
STEP
Q4 25
$618.7M
$270.2M
Q3 25
$589.5M
$269.9M
Q2 25
$636.6M
$269.6M
Q1 25
$650.6M
$269.3M
Q4 24
$562.3M
$168.9M
Q3 24
$142.8M
$172.3M
Q2 24
$208.2M
$172.1M
Q1 24
$214.9M
$148.8M
Stockholders' Equity
SMP
SMP
STEP
STEP
Q4 25
$683.7M
$-378.8M
Q3 25
$677.4M
$-233.5M
Q2 25
$688.6M
$153.9M
Q1 25
$638.0M
$179.4M
Q4 24
$615.7M
$209.8M
Q3 24
$638.8M
$397.5M
Q2 24
$640.0M
$366.9M
Q1 24
$639.1M
$324.5M
Total Assets
SMP
SMP
STEP
STEP
Q4 25
$2.0B
$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
$1.4B
$4.0B
Q2 24
$1.4B
$3.8B
Q1 24
$1.4B
$3.8B
Debt / Equity
SMP
SMP
STEP
STEP
Q4 25
0.90×
Q3 25
0.87×
Q2 25
0.92×
1.75×
Q1 25
1.02×
1.50×
Q4 24
0.91×
0.81×
Q3 24
0.22×
0.43×
Q2 24
0.33×
0.47×
Q1 24
0.34×
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
SMP
SMP
STEP
STEP
Operating Cash FlowLast quarter
$-28.2M
$27.2M
Free Cash FlowOCF − Capex
$-37.6M
$26.7M
FCF MarginFCF / Revenue
-9.8%
4.6%
Capex IntensityCapex / Revenue
2.4%
0.1%
Cash ConversionOCF / Net Profit
-3.59×
TTM Free Cash FlowTrailing 4 quarters
$18.7M
$18.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SMP
SMP
STEP
STEP
Q4 25
$-28.2M
$27.2M
Q3 25
$91.6M
$16.2M
Q2 25
$54.3M
$46.3M
Q1 25
$-60.2M
$-66.5M
Q4 24
$-1.5M
$27.6M
Q3 24
$88.3M
$53.7M
Q2 24
$35.6M
$50.2M
Q1 24
$-45.7M
$7.6M
Free Cash Flow
SMP
SMP
STEP
STEP
Q4 25
$-37.6M
$26.7M
Q3 25
$81.5M
$15.9M
Q2 25
$44.2M
$45.2M
Q1 25
$-69.4M
$-69.2M
Q4 24
$-11.4M
$27.0M
Q3 24
$77.1M
$52.4M
Q2 24
$22.7M
$49.6M
Q1 24
$-55.8M
$6.7M
FCF Margin
SMP
SMP
STEP
STEP
Q4 25
-9.8%
4.6%
Q3 25
16.3%
3.5%
Q2 25
8.9%
12.4%
Q1 25
-16.8%
-18.3%
Q4 24
-3.3%
8.0%
Q3 24
19.3%
19.3%
Q2 24
5.8%
26.6%
Q1 24
-16.8%
1.9%
Capex Intensity
SMP
SMP
STEP
STEP
Q4 25
2.4%
0.1%
Q3 25
2.0%
0.1%
Q2 25
2.1%
0.3%
Q1 25
2.2%
0.7%
Q4 24
2.9%
0.2%
Q3 24
2.8%
0.5%
Q2 24
3.3%
0.3%
Q1 24
3.0%
0.3%
Cash Conversion
SMP
SMP
STEP
STEP
Q4 25
-3.59×
Q3 25
Q2 25
2.15×
Q1 25
-4.79×
Q4 24
Q3 24
23.19×
3.05×
Q2 24
2.09×
3.76×
Q1 24
-5.18×
0.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SMP
SMP

Engineered Solutions$66.1M17%
Electrical And Safety$63.6M17%
Temperature Control$61.5M16%
Europe Excluding Poland$55.5M14%
Other Thermal Components$30.7M8%
Air Conditioning$22.7M6%
Commercial Vehicle$19.7M5%
All Other$18.9M5%
PL$16.0M4%
Wire Sets And Other$11.9M3%
Engine Efficiency$10.0M3%
Construction Agriculture$7.8M2%

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