StepStone (STEP) EBIT Margin (2019 - 2025)
StepStone (STEP) reported EBIT Margin of -147.81% for fiscal Q2 2026 (quarter ended Sep 30, 2025), down 170.41 percentage points from 22.60% a year earlier and down 143.47 percentage points from the prior quarter.
StepStone (STEP) EBIT Margin (2019 - 2025) Analysis & Trends
Over the twelve months ended Sep 30, 2025, StepStone's EBIT Margin came in at -66.16%, down 89.65 percentage points year-over-year; for FY2025 (ended Mar 31, 2025), it was -17.82%, down 46.59 percentage points from FY2024.
- EBIT Margin has a five-year change of -53.41 percentage points (FY2020 to FY2025).
- By fiscal year, EBIT Margin came in at 28.77% in FY2024 (+83.92 pp), -55.15% in FY2023 (-92.77 pp), 37.62% in FY2022 (-6.21 pp) and 43.82% in FY2021 (+8.23 pp).
- The fiscal Q2 2026 figure ranks as the lowest quarterly EBIT Margin since fiscal Q3 2023.
- Year over year, EBIT Margin has now declined in each of the last three quarters, with an average year-over-year change of -5.06 percentage points over the last seven quarters.
- The high point for year-over-year EBIT Margin in five years was fiscal Q3 2024 (a gain of 163.43 percentage points); the low point was fiscal Q3 2023 (a drop of 345.87 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at -4.34% (Q1 2026), 3.48% (Q4 2025) and -100.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - | 34.74% |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - | - |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - | 58.55% |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - | 36.27% |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn | -53.96% |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - | 79.12% |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn | 16.30% |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn | 71.79% |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn | 76.73% |
| 10 | StepStone | 5.14 Bn | 4.44 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -147.81% |
| Jun 30, 2025 | -4.34% |
| Mar 31, 2025 | 3.48% |
| Dec 31, 2024 | -100.79% |
| Sep 30, 2024 | 22.60% |
| Jun 30, 2024 | 31.03% |
| Mar 31, 2024 | 27.23% |
| Dec 31, 2023 | -147.69% |
| Sep 30, 2023 | 36.09% |
| Jun 30, 2023 | 33.74% |
| Dec 31, 2022 | -311.12% |
| Sep 30, 2022 | -46.48% |
| Jun 30, 2022 | -25.38% |
| Mar 31, 2022 | 31.90% |
| Dec 31, 2021 | 34.75% |
| Sep 30, 2021 | 40.39% |
| Jun 30, 2021 | 45.67% |
| Mar 31, 2021 | 45.36% |
| Dec 31, 2020 | 47.32% |
| Sep 30, 2020 | 47.14% |
StepStone EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=STEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "STEP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=STEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();