StepStone (STEP) EBT Margin (2019 - 2025)
StepStone's (STEP) quarterly EBT Margin came in at 148.79% in Q3 2025, down 17009.0% on a YoY basis from N/an in Q3 2024, and down 2563.44% quarter-over-quarter from 5.59% in Q2 2025.
Analysis
StepStone (STEP) EBT Margin (2019 - 2025) Analysis & Trends
StepStone (STEP) has reported EBT Margin for 7 consecutive years, with 148.79% the latest figure, recorded in Q3 2025.
- For the quarter ending Q3 2025, EBT Margin fell 17009.0% year-over-year to 148.79%; the trailing twelve-month figure through Sep 2025 stood at 67.15% (down 8922.0% YoY), and the FY2025 full-year result was 18.9%, down 4636.0% from the prior year.
- EBT Margin fell to 148.79% in Q3 2025 per STEP's latest filing, from 5.59% in the prior quarter.
- Across five years, EBT Margin topped out at 45.67% in Q2 2021 and bottomed at 337.36% in Q4 2022.
- Historically, EBT Margin has averaged 27.67% across 5 years, with a median of 21.31% in 2024.
- The sharpest annual moves came in 2022 and 2023: EBT Margin tumbled 37197 bps in 2022, then surged 17214 bps in 2023.
- Over 5 years, EBT Margin stood at 34.61% in 2021, then slumped by 1075 bps to 337.36% in 2022, then soared by 51 bps to 165.22% in 2023, then surged by 38 bps to 101.68% in 2024, then tumbled by 46 bps to 148.79% in 2025.
- According to Business Quant data, EBT Margin over the past three periods registered 148.79%, 5.59%, and 2.63% for Q3 2025, Q2 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 101.10 Bn | 98.59 Bn | - | 55.68% |
| 2 | Kkr | 90.28 Bn | -186.79 Bn | - | 24.00% |
| 3 | Apollo Global Management | 76.79 Bn | 51.42 Bn | 10.54 Bn | 22.28% |
| 4 | Brookfield Asset Management | 75.78 Bn | 74.28 Bn | - | 76.10% |
| 5 | Wheaton Precious Metals | 69.07 Bn | 68.97 Bn | 687.86 Mn | 84.55% |
| 6 | Franco Nevada | 50.41 Bn | 48.86 Bn | 451.00 Mn | 77.95% |
| 7 | Brookfield | 37.98 Bn | 7.42 Bn | 19.38 Bn | 177.84% |
| 8 | Ares Management | 29.86 Bn | 29.86 Bn | - | 27.02% |
| 9 | Carlyle | 15.50 Bn | 14.24 Bn | - | 24.37% |
| 10 | StepStone | 3.96 Bn | 3.05 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -148.79% |
| Jun 30, 2025 | -5.59% |
| Mar 31, 2025 | 2.63% |
| Dec 31, 2024 | -101.68% |
| Sep 30, 2024 | 21.31% |
| Jun 30, 2024 | 29.42% |
| Mar 31, 2024 | 26.49% |
| Dec 31, 2023 | -165.22% |
| Sep 30, 2023 | 34.99% |
| Jun 30, 2023 | 32.61% |
| Mar 31, 2023 | -39.16% |
| Dec 31, 2022 | -337.36% |
| Sep 30, 2022 | -47.00% |
| Jun 30, 2022 | -26.14% |
| Mar 31, 2022 | 31.76% |
| Dec 31, 2021 | 34.61% |
| Sep 30, 2021 | 40.36% |
| Jun 30, 2021 | 45.67% |
| Mar 31, 2021 | 45.36% |
| Dec 31, 2020 | 47.31% |