StepStone (STEP) EBT Margin (2019 - 2025)

StepStone (STEP) reported EBT Margin of 148.79% for 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.

StepStone (STEP) EBT Margin (2019 - 2025) Analysis & Trends

StepStone has reported EBT Margin for 7 years, with the latest figure at 148.79% 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 for Q3 2025 stood at 148.79%, down from 5.59% in the prior quarter.
  • The five-year high for EBT Margin was 45.67% in Q2 2021, with the low at 337.36% in Q4 2022.
  • Historically, EBT Margin has averaged 27.67% across 5 years, with a median of 21.31% in 2024.
  • Annual changes were most pronounced in 2022 — EBT Margin slumped 37197 bps — and 2023, when it jumped 17214 bps.
  • StepStone's EBT Margin stood at 34.61% in 2021, then plunged by 1075 bps to 337.36% in 2022, then jumped by 51 bps to 165.22% in 2023, then soared by 38 bps to 101.68% in 2024, then sank by 46 bps to 148.79% in 2025.
  • The last three EBT Margin figures came in at 148.79% (Q3 2025), 5.59% (Q2 2025), and 2.63% (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 42.43%
2 Blackstone 96.85 Bn 95.80 Bn - 40.22%
3 Kkr 86.45 Bn 133.96 Bn - 10.72%
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 5.59%
5 State Street 46.95 Bn 21.27 Bn - 25.53%
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 23.41%
7 Northern Trust 31.92 Bn 31.92 Bn - 52.23%
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - 22.41%
10 StepStone 3.56 Bn 4.40 Bn - -

Historic Data

Download Data
DateValue
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%