• StepStone Group average return on tangible equity for 2024 was 0.83, a 80.88% decline from 2023.
• StepStone Group average return on tangible equity for 2023 was 4.34, a 63.86% decline from 2022.
• StepStone Group average return on tangible equity for 2022 was 12.01, a 47.94% decline from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.