StepStone (STEP) Equity Average (2019 - 2025)

StepStone (STEP) reported Equity Average of $443.2 million for Q4 2025, down 72.63% on a YoY basis from $1.6 billion in Q4 2024, and down 50.13% quarter-over-quarter from $888.7 million in Q3 2025.

StepStone (STEP) Equity Average (2019 - 2025) Analysis & Trends

StepStone has reported Equity Average for 7 years, with the latest figure at $443.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Equity Average fell 72.63% year-over-year to $443.2 million; the trailing twelve-month figure through Dec 2025 stood at $443.2 million (down 72.63% YoY), and the FY2025 full-year result was $917.0 million, down 44.14% from the prior year.
  • Equity Average for Q4 2025 stood at $443.2 million, down from $888.7 million in the prior quarter.
  • The five-year high for Equity Average was $1.8 billion in Q1 2022, with the low at $443.2 million in Q4 2025.
  • Historically, Equity Average has averaged $1.4 billion across 5 years, with a median of $1.6 billion in 2024.
  • Annual changes were most pronounced in 2021 — Equity Average jumped 1497.08% — and 2025, when it plunged 72.63%.
  • StepStone's Equity Average stood at $1.8 billion in 2021, then slipped by 8.55% to $1.6 billion in 2022, then dropped by 0.56% to $1.6 billion in 2023, then grew by 0.32% to $1.6 billion in 2024, then sank by 72.63% to $443.2 million in 2025.
  • The last three Equity Average figures came in at $443.2 million (Q4 2025), $888.7 million (Q3 2025), and $705.0 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 56.51 Bn
2 Blackstone 96.85 Bn 95.80 Bn - 14.44 Bn
3 Kkr 86.45 Bn 133.96 Bn - 54.71 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 41.02 Bn
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 6.38 Bn
7 Northern Trust 31.92 Bn 31.92 Bn - 12.97 Bn
8 Raymond James Financial 30.62 Bn 19.37 Bn - 6.29 Bn
9 Ares Management 29.04 Bn 32.41 Bn - 6.32 Bn
10 StepStone 3.56 Bn 4.40 Bn - 443.23 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 443.23 Mn
Sep 30, 2025 888.69 Mn
Jun 30, 2025 704.97 Mn
Mar 31, 2025 814.70 Mn
Dec 31, 2024 1.62 Bn
Sep 30, 2024 1.79 Bn
Jun 30, 2024 1.72 Bn
Mar 31, 2024 1.62 Bn
Dec 31, 2023 1.61 Bn
Sep 30, 2023 1.63 Bn
Jun 30, 2023 1.63 Bn
Mar 31, 2023 1.62 Bn
Dec 31, 2022 1.62 Bn
Sep 30, 2022 1.70 Bn
Jun 30, 2022 1.79 Bn
Mar 31, 2022 1.82 Bn
Dec 31, 2021 1.77 Bn
Sep 30, 2021 1.25 Bn
Jun 30, 2021 710.41 Mn
Mar 31, 2021 596.92 Mn