StepStone (STEP) EBT Margin (2019 - 2025)
StepStone (STEP) posted EBT Margin of -148.79% for fiscal Q2 2026 (quarter ended Sep 30, 2025), down 170.09 percentage points from 21.31% a year earlier and down 143.20 percentage points from the prior quarter.
StepStone (STEP) EBT Margin (2019 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, EBT Margin at StepStone was -67.15%, down 89.22 percentage points year-over-year; for FY2025 (ended Mar 31, 2025), it came in at -18.90%, down 46.36 percentage points from FY2024.
- Annual EBT Margin shows a five-year change of -52.20 percentage points (FY2020 to FY2025).
- In prior fiscal years, StepStone's EBT Margin was 27.46% in FY2024 (+88.80 pp), -61.35% in FY2023 (-98.88 pp), 37.54% in FY2022 (-5.35 pp) and 42.89% in FY2021 (+9.59 pp).
- The fiscal Q2 2026 figure stands as the lowest quarterly EBT Margin since fiscal Q3 2024.
- On a year-over-year basis, EBT Margin has declined in each of the last three quarters, with an average year-over-year change of -1.45 percentage points over the last seven quarters.
- The strongest year-over-year quarter for EBT Margin in the past five years was fiscal Q3 2024, with a gain of 172.14 percentage points; the weakest was fiscal Q3 2023, with a drop of 371.97 percentage points.
- According to Business Quant data, EBT Margin for the three prior fiscal quarters was -5.59% (Q1 2026), 2.63% (Q4 2025) and -101.68% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - | 38.38% |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - | - |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - | 55.68% |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - | 24.00% |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn | -52.44% |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - | 76.10% |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn | 22.28% |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn | 72.76% |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn | 77.95% |
| 10 | StepStone | 5.14 Bn | 4.44 Bn | - | - |
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% |
| 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% |
| Sep 30, 2020 | 44.97% |
StepStone EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=STEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "STEP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=STEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();