StepStone (STEP) Equity Ratio (2020 - 2025)
StepStone (STEP) reported Equity Ratio of 0.06 for Q4 2025, down 80.56% on a YoY basis from 0.33 in Q4 2024, and down 36.81% quarter-over-quarter from 0.1 in Q3 2025.
StepStone (STEP) Equity Ratio (2020 - 2025) Analysis & Trends
StepStone has reported Equity Ratio for 6 years, with the latest figure at 0.06 in Q4 2025.
- For the quarter ending Q4 2025, Equity Ratio fell 80.56% year-over-year to 0.06; the trailing twelve-month figure through Dec 2025 stood at 0.06 (down 80.56% YoY), and the FY2025 full-year result was 0.04, down 91.05% from the prior year.
- Equity Ratio for Q4 2025 stood at 0.06, down from 0.1 in the prior quarter.
- The five-year high for Equity Ratio was 0.5 in Q1 2021, with the low at 0.04 in Q1 2025.
- Historically, Equity Ratio has averaged 0.38 across 5 years, with a median of 0.45 in 2021.
- Annual changes were most pronounced in 2021 — Equity Ratio soared 1274363.31% — and 2025, when it plunged 91.05%.
- StepStone's Equity Ratio stood at 0.45 in 2021, then gained by 1.74% to 0.46 in 2022, then advanced by 0.04% to 0.46 in 2023, then slipped by 27.27% to 0.33 in 2024, then tumbled by 80.56% to 0.06 in 2025.
- The last three Equity Ratio figures came in at 0.06 (Q4 2025), 0.1 (Q3 2025), and 0.26 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 0.33 |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 0.17 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 0.07 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 0.08 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | - |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 0.03 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 0.07 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 0.14 |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 0.29 |
| 10 | StepStone | 3.56 Bn | 4.40 Bn | - | 0.06 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.06 |
| Sep 30, 2025 | 0.10 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.04 |
| Dec 31, 2024 | 0.33 |
| Sep 30, 2024 | 0.44 |
| Jun 30, 2024 | 0.47 |
| Mar 31, 2024 | 0.44 |
| Dec 31, 2023 | 0.46 |
| Sep 30, 2023 | 0.45 |
| Jun 30, 2023 | 0.46 |
| Mar 31, 2023 | 0.47 |
| Dec 31, 2022 | 0.46 |
| Sep 30, 2022 | 0.46 |
| Jun 30, 2022 | 0.45 |
| Mar 31, 2022 | 0.44 |
| Dec 31, 2021 | 0.45 |
| Sep 30, 2021 | 0.45 |
| Jun 30, 2021 | 0.47 |
| Mar 31, 2021 | 0.50 |