Growth Metrics

StepStone (STEP) Common Equity (2019 - 2025)

StepStone posted quarterly Common Equity of -$378.8 million for Q4 2025, down 126.12% year-on-year from $1.5 billion in Q4 2024, and down 169.28% on a QoQ basis from $546.8 million in Q3 2025.

StepStone (STEP) has 7 years of Common Equity data on file, last reported at -$378.8 million in Q4 2025.

  • For the quarter ending Q4 2025, Common Equity fell 126.12% year-over-year to -$378.8 million; the trailing twelve-month figure through Dec 2025 stood at -$378.8 million (down 126.12% YoY), and the FY2025 full-year result was $1.4 billion, down 15.98% from the prior year.
  • Common Equity for Q4 2025 stood at -$378.8 million, down from $546.8 million in the prior quarter.
  • Across five years, Common Equity topped out at $1.8 billion in Q1 2022 and bottomed at -$378.8 million in Q4 2025.
  • The 5-year median for Common Equity is $1.6 billion (2023), against an average of $1.4 billion.
  • The widest annual swing landed in 2021, when Common Equity jumped 1339.79%; it then plunged 126.12% in 2025.
  • A 5-year view of Common Equity shows it stood at $1.8 billion in 2021, then fell by 11.71% to $1.6 billion in 2022, then dropped by 0.96% to $1.6 billion in 2023, then decreased by 8.79% to $1.5 billion in 2024, then slumped by 126.12% to -$378.8 million in 2025.
  • The last three Common Equity figures came in at -$378.8 million (Q4 2025), $546.8 million (Q3 2025), and $1.2 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 56.69 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 8.37 Bn
3 Kkr 84.94 Bn 132.45 Bn - 30.50 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 8.59 Bn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 39.53 Bn
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 6.21 Bn
8 Northern Trust 31.21 Bn 31.21 Bn - 12.99 Bn
9 Ares Management 28.85 Bn 32.22 Bn - 8.36 Bn
10 StepStone 3.79 Bn 4.63 Bn - -378.79 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 -378.79 Mn
Sep 30, 2025 546.79 Mn
Jun 30, 2025 1.23 Bn
Mar 31, 2025 1.39 Bn
Dec 31, 2024 1.45 Bn
Sep 30, 2024 1.79 Bn
Jun 30, 2024 1.79 Bn
Mar 31, 2024 1.65 Bn
Dec 31, 2023 1.59 Bn
Sep 30, 2023 1.64 Bn
Jun 30, 2023 1.63 Bn
Mar 31, 2023 1.63 Bn
Dec 31, 2022 1.61 Bn
Sep 30, 2022 1.64 Bn
Jun 30, 2022 1.75 Bn
Mar 31, 2022 1.82 Bn
Dec 31, 2021 1.82 Bn
Sep 30, 2021 1.73 Bn
Jun 30, 2021 761.14 Mn
Mar 31, 2021 659.69 Mn
Dec 31, 2020 534.14 Mn
Sep 30, 2020 120.28 Mn
Jun 30, 2020 156.06 Mn
Mar 31, 2020 236.97 Mn
Dec 31, 2019 207.99 Mn
Sep 30, 2019 196.82 Mn