Growth Metrics

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 🔒
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
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