StepStone (STEP) FCF Payout Ratio (2019 - 2025)

StepStone (STEP) posted FCF Payout Ratio of 0.0 for Q4 2025, down 100.33% on a QoQ basis from 0.23 in Q2 2025.

StepStone (STEP) FCF Payout Ratio (2019 - 2025) Analysis & Trends

StepStone's FCF Payout Ratio history runs 7 years deep, the most recent figure standing at 0.0 for Q4 2025.

  • Quarterly FCF Payout Ratio changed N/A year-over-year to 0.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 4.33 (up 1286.24% YoY) and the FY2025 annual result came in at 1.27, changed N/A from the prior year.
  • FCF Payout Ratio was 0.0 for Q4 2025 at StepStone, down from 0.23 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 2.61 in Q4 2023 and bottomed at 8.19 in Q1 2024.
  • A 5-year average of 0.41 and a median of 0.11 in 2022 frame the typical range for FCF Payout Ratio.
  • Annual changes were most pronounced in 2022 — FCF Payout Ratio surged 744.23% — and 2023, when it sank 744.09%.
  • StepStone's FCF Payout Ratio stood at 0.05 in 2021, then surged by 5003.95% to 2.61 in 2022, then increased by 0.03% to 2.61 in 2023, then sank by 113.47% to 0.35 in 2024, then jumped by 99.79% to 0.0 in 2025.
  • Business Quant data shows STEP's FCF Payout Ratio at 0.0 in Q4 2025, 0.23 in Q2 2025, and 1.02 in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - -0.90
3 Blackstone 97.77 Bn 96.72 Bn - 2.00
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 0.19
5 State Street 51.30 Bn 51.30 Bn - -0.02
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 0.34
7 Northern Trust 32.93 Bn 32.93 Bn - -0.45
8 Raymond James Financial 32.59 Bn 17.67 Bn - 0.10
9 Price T Rowe 24.70 Bn 21.13 Bn - 0.38
10 StepStone 3.23 Bn 3.12 Bn - 0.00

Historic Data

Download Data
DateValue
Dec 31, 2025 0.00
Jun 30, 2025 0.23
Mar 31, 2025 -1.02
Sep 30, 2024 -0.35
Jun 30, 2024 0.48
Mar 31, 2024 -8.19
Dec 31, 2023 2.61
Sep 30, 2023 -0.44
Jun 30, 2023 0.57
Mar 31, 2023 -4.21
Dec 31, 2022 2.61
Sep 30, 2022 0.14
Jun 30, 2022 0.21
Mar 31, 2022 0.65
Sep 30, 2021 0.05
Mar 31, 2021 0.08
Dec 31, 2020 0.06
Sep 30, 2020 1.13
Jun 30, 2020 1.03
Mar 31, 2020 -29.33