StepStone (STEP) Equity Average (2019 - 2025)
StepStone posted quarterly Equity Average of $443.2 million for Q4 2025, down 72.63% year-on-year from $1.6 billion in Q4 2024, and down 50.13% on a QoQ basis from $888.7 million in Q3 2025.
StepStone (STEP) has 7 years of Equity Average data on file, last reported 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.
- Across five years, Equity Average topped out at $1.8 billion in Q1 2022 and bottomed at $443.2 million in Q4 2025.
- The 5-year median for Equity Average is $1.6 billion (2024), against an average of $1.4 billion.
- The widest annual swing landed in 2021, when Equity Average jumped 1497.08%; it then slumped 72.63% in 2025.
- A 5-year view of Equity Average shows it stood at $1.8 billion in 2021, then dropped by 8.55% to $1.6 billion in 2022, then declined by 0.56% to $1.6 billion in 2023, then increased by 0.32% to $1.6 billion in 2024, then plunged 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 | 158.51 Bn | 148.89 Bn | - | 56.51 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 14.44 Bn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 54.71 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 8.75 Bn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 41.02 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 6.38 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 12.97 Bn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 6.32 Bn |
| 10 | StepStone | 3.79 Bn | 4.63 Bn | - | 443.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2020 | 267.08 Mn |
| Sep 30, 2020 | 78.05 Mn |
| Jun 30, 2020 | 186.15 Mn |
| Mar 31, 2020 | 212.11 Mn |
| Dec 31, 2019 | 202.41 Mn |