Growth Metrics

StepStone (STEP) EBT (2019 - 2025)

StepStone posted quarterly EBT of -$675.8 million for Q3 2025, down 1267.47% year-on-year from $57.9 million in Q3 2024, and down 3221.01% on a QoQ basis from -$20.3 million in Q2 2025.

StepStone (STEP) has 7 years of EBT data on file, last reported at -$675.8 million in Q3 2025.

  • For the quarter ending Q3 2025, EBT fell 1267.47% year-over-year to -$675.8 million; the trailing twelve-month figure through Sep 2025 stood at -$1.0 billion (down 663.04% YoY), and the FY2025 full-year result was -$222.0 million, down 213.63% from the prior year.
  • EBT for Q3 2025 stood at -$675.8 million, down from -$20.3 million in the prior quarter.
  • Across five years, EBT topped out at $162.9 million in Q1 2021 and bottomed at -$675.8 million in Q3 2025.
  • The 5-year median for EBT is $57.9 million (2024), against an average of -$4.7 million.
  • The widest annual swing landed in 2023, when EBT soared 387.56%; it then slumped 1327.86% in 2024.
  • A 5-year view of EBT shows it stood at $142.1 million in 2021, then slumped by 110.06% to -$14.3 million in 2022, then tumbled by 68.98% to -$24.1 million in 2023, then plunged by 1327.86% to -$344.7 million in 2024, then slumped by 96.05% to -$675.8 million in 2025.
  • The last three EBT figures came in at -$675.8 million (Q3 2025), -$20.3 million (Q2 2025), and $10.0 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 2.84 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 1.46 Bn
3 Kkr 84.94 Bn 132.45 Bn - 462.89 Mn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 696.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 283.00 Mn
6 State Street 44.42 Bn 18.75 Bn - 969.00 Mn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 1.14 Bn
8 Northern Trust 31.21 Bn 31.21 Bn - 700.60 Mn
9 Ares Management 28.85 Bn 32.22 Bn - 312.92 Mn
10 StepStone 3.79 Bn 4.63 Bn - -

Historic Data

Download Data 🔒
DateValue
Sep 30, 2025 -675.83 Mn
Jun 30, 2025 -20.35 Mn
Mar 31, 2025 9.95 Mn
Dec 31, 2024 -344.72 Mn
Sep 30, 2024 57.89 Mn
Jun 30, 2024 54.84 Mn
Mar 31, 2024 94.52 Mn
Dec 31, 2023 -24.14 Mn
Sep 30, 2023 66.98 Mn
Jun 30, 2023 58.04 Mn
Mar 31, 2023 67.51 Mn
Dec 31, 2022 -14.29 Mn
Sep 30, 2022 -74.49 Mn
Jun 30, 2022 -20.19 Mn
Mar 31, 2022 115.84 Mn
Dec 31, 2021 142.08 Mn
Sep 30, 2021 113.72 Mn
Jun 30, 2021 140.94 Mn
Mar 31, 2021 162.87 Mn
Dec 31, 2020 116.94 Mn
Sep 30, 2020 109.25 Mn
Jun 30, 2020 -51.20 Mn
Mar 31, 2020 51.46 Mn
Dec 31, 2019 18.23 Mn
Sep 30, 2019 47.41 Mn