StepStone (STEP) Enterprise Value (2019 - 2025)
StepStone (STEP) posted Enterprise Value of -$103.5 million for Q4 2025, down 117.28% on a QoQ basis from $598.7 million in Q3 2025, and down 110.62% year-over-year from $974.1 million in Q4 2024.
StepStone (STEP) Enterprise Value (2019 - 2025) Analysis & Trends
StepStone's Enterprise Value history runs 7 years deep, the most recent figure standing at -$103.5 million for Q4 2025.
- Quarterly Enterprise Value fell 110.62% year-over-year to -$103.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$103.5 million (down 110.62% YoY) and the FY2025 annual result came in at -$69.4 million, down 189.31% from the prior year.
- Enterprise Value was -$103.5 million for Q4 2025 at StepStone, down from $598.7 million in the prior quarter.
- Across five years, Enterprise Value topped out at $730.4 million in Q2 2022 and bottomed at -$143.6 million in Q3 2022.
- A 5-year average of $104.0 million and a median of -$27.2 million in 2022 frame the typical range for Enterprise Value.
- Annual changes were most pronounced in 2022 — Enterprise Value sank 549.63% — and 2025, when it soared 1622.78%.
- StepStone's Enterprise Value stood at $241.5 million in 2021, then tumbled by 106.21% to -$15.0 million in 2022, then slumped by 325.93% to -$63.9 million in 2023, then advanced by 23.11% to -$49.1 million in 2024, then tumbled by 110.62% to -$103.5 million in 2025.
- Business Quant data shows STEP's Enterprise Value at -$103.5 million in Q4 2025, $598.7 million in Q3 2025, and $364.0 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 74.60 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | -12.93 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | -1.05 Bn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 19.58 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | -9.27 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | -14.92 Bn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | -3.57 Bn |
| 10 | StepStone | 3.23 Bn | 3.12 Bn | - | -103.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -103.48 Mn |
| Sep 30, 2025 | 598.67 Mn |
| Jun 30, 2025 | 364.02 Mn |
| Mar 31, 2025 | -69.44 Mn |
| Dec 31, 2024 | -49.13 Mn |
| Sep 30, 2024 | -39.31 Mn |
| Jun 30, 2024 | 88.75 Mn |
| Mar 31, 2024 | 77.76 Mn |
| Dec 31, 2023 | -63.89 Mn |
| Sep 30, 2023 | -117.48 Mn |
| Jun 30, 2023 | -91.73 Mn |
| Mar 31, 2023 | -78.04 Mn |
| Dec 31, 2022 | -15.00 Mn |
| Sep 30, 2022 | -143.56 Mn |
| Jun 30, 2022 | 730.38 Mn |
| Mar 31, 2022 | -116.39 Mn |
| Dec 31, 2021 | 241.49 Mn |
| Sep 30, 2021 | 629.47 Mn |
| Jun 30, 2021 | 211.04 Mn |
| Mar 31, 2021 | 25.89 Mn |