StepStone (STEP) EBT (2019 - 2025)
StepStone (STEP) posted EBT of -$675.8 million for Q3 2025, down 3221.01% on a QoQ basis from -$20.3 million in Q2 2025, and down 1267.47% year-over-year from $57.9 million in Q3 2024.
StepStone (STEP) EBT (2019 - 2025) Analysis & Trends
StepStone's EBT history runs 7 years deep, the most recent figure standing at -$675.8 million for Q3 2025.
- Quarterly EBT fell 1267.47% year-over-year to -$675.8 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was -$1.0 billion (down 663.04% YoY) and the FY2025 annual result came in at -$222.0 million, down 213.63% from the prior year.
- EBT was -$675.8 million for Q3 2025 at StepStone, 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.
- A 5-year average of -$4.7 million and a median of $57.9 million in 2024 frame the typical range for EBT.
- Annual changes were most pronounced in 2023 — EBT soared 387.56% — and 2024, when it tumbled 1327.86%.
- StepStone's EBT stood at $142.1 million in 2021, then sank by 110.06% to -$14.3 million in 2022, then slumped by 68.98% to -$24.1 million in 2023, then tumbled by 1327.86% to -$344.7 million in 2024, then sank by 96.05% to -$675.8 million in 2025.
- Business Quant data shows STEP's EBT at -$675.8 million in Q3 2025, -$20.3 million in Q2 2025, and $10.0 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 32.70 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 2.84 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 1.46 Bn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 283.00 Mn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 969.00 Mn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 1.14 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 700.60 Mn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 735.00 Mn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 632.20 Mn |
| 10 | StepStone | 3.23 Bn | 3.12 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |