StepStone (STEP) EBITDA Margin (2019 - 2025)
StepStone (STEP) reported EBITDA Margin of 147.81% for Q3 2025, down 17041.0% on a YoY basis from N/an in Q3 2024, and down 3304.54% quarter-over-quarter from 4.34% in Q2 2025.
StepStone (STEP) EBITDA Margin (2019 - 2025) Analysis & Trends
StepStone has reported EBITDA Margin for 7 years, with the latest figure at 147.81% in Q3 2025.
- For the quarter ending Q3 2025, EBITDA Margin fell 17041.0% year-over-year to 147.81%; the trailing twelve-month figure through Sep 2025 stood at 62.6% (down 8608.0% YoY), and the FY2025 full-year result was 17.82%, down 4659.0% from the prior year.
- EBITDA Margin for Q3 2025 stood at 147.81%, down from 4.34% in the prior quarter.
- The five-year high for EBITDA Margin was 45.67% in Q2 2021, with the low at 311.12% in Q4 2022.
- Historically, EBITDA Margin has averaged 23.97% across 5 years, with a median of 22.6% in 2024.
- Annual changes were most pronounced in 2022 — EBITDA Margin sank 34587 bps — and 2023, when it jumped 16343 bps.
- StepStone's EBITDA Margin stood at 34.75% in 2021, then sank by 995 bps to 311.12% in 2022, then soared by 53 bps to 147.69% in 2023, then soared by 43 bps to 84.64% in 2024, then tumbled by 75 bps to 147.81% in 2025.
- The last three EBITDA Margin figures came in at 147.81% (Q3 2025), 4.34% (Q2 2025), and 3.48% (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 42.01% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 44.01% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 46.06% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 1.56% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 73.37% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 18.44% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 170.02% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 12.29% |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 26.04% |
| 10 | StepStone | 3.56 Bn | 4.40 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -147.81% |
| Jun 30, 2025 | -4.34% |
| Mar 31, 2025 | 3.48% |
| Dec 31, 2024 | -84.64% |
| 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% |
| Mar 31, 2023 | -40.13% |
| 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% |