StepStone (STEP) EBT (2019 - 2025)
StepStone (STEP) reported EBT of -$675.8 million for Q3 2025, down 1267.47% on a YoY basis from $57.9 million in Q3 2024, and down 3221.01% quarter-over-quarter from -$20.3 million in Q2 2025.
StepStone (STEP) EBT (2019 - 2025) Analysis & Trends
StepStone has reported EBT for 7 years, with the latest figure 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.
- The five-year high for EBT was $162.9 million in Q1 2021, with the low at -$675.8 million in Q3 2025.
- Historically, EBT has averaged -$4.7 million across 5 years, with a median of $57.9 million in 2024.
- Annual changes were most pronounced in 2023 — EBT soared 387.56% — and 2024, when it plunged 1327.86%.
- StepStone's EBT stood at $142.1 million in 2021, then tumbled by 110.06% to -$14.3 million in 2022, then plunged by 68.98% to -$24.1 million in 2023, then sank by 1327.86% to -$344.7 million in 2024, then tumbled 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 | 163.18 Bn | 153.56 Bn | - | 2.84 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 1.46 Bn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 462.89 Mn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 283.00 Mn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 969.00 Mn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 1.14 Bn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 700.60 Mn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 312.92 Mn |
| 10 | StepStone | 3.56 Bn | 4.40 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 |