StepStone STEP
NASDAQ STEP
$49.71 -0.23 (-0.46%)
As of: Sep 10, 2026 · 2:04 PM EDT

StepStone (STEP) Invested Capital (2020 - 2026)

StepStone's (STEP) quarterly Invested Capital came in at $1.6 billion in Q1 2026, down 2.24% on a YoY basis from $1.7 billion in Q1 2025, and up 1594.45% quarter-over-quarter from -$108.5 million in Q4 2025.

Analysis

StepStone (STEP) Invested Capital (2020 - 2026) Analysis & Trends

StepStone (STEP) has reported Invested Capital for 7 consecutive years, with $1.6 billion the latest figure, recorded in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital fell 2.24% year-over-year to $1.6 billion; the trailing twelve-month figure through Mar 2026 stood at $1.6 billion (down 2.24% YoY), and the FY2026 full-year result was $1.6 billion, down 2.24% from the prior year.
  • Invested Capital climbed to $1.6 billion in Q1 2026 per STEP's latest filing, from -$108.5 million in the prior quarter.
  • Across five years, Invested Capital topped out at $2.0 billion in Q2 2024 and bottomed at -$108.5 million in Q4 2025.
  • Historically, Invested Capital has averaged $1.6 billion across 5 years, with a median of $1.7 billion in 2023.
  • The sharpest annual moves came in 2022 and 2025: Invested Capital surged 186.07% in 2022, then sank 106.7% in 2025.
  • Over 5 years, Invested Capital stood at $1.7 billion in 2022, then grew by 1.48% to $1.7 billion in 2023, then decreased by 5.51% to $1.6 billion in 2024, then tumbled by 106.7% to -$108.5 million in 2025, then surged by 1594.45% to $1.6 billion in 2026.
  • According to Business Quant data, Invested Capital over the past three periods registered $1.6 billion, -$108.5 million, and $816.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Blackstone 101.10 Bn 98.59 Bn - 34.26 Bn
2 Kkr 90.28 Bn -186.79 Bn - -
3 Apollo Global Management 76.79 Bn 51.42 Bn 10.54 Bn 55.21 Bn
4 Brookfield Asset Management 75.78 Bn 74.28 Bn - 12.65 Bn
5 Wheaton Precious Metals 69.07 Bn 68.97 Bn 687.86 Mn 11.67 Bn
6 Franco Nevada 50.41 Bn 48.86 Bn 451.00 Mn -
7 Brookfield 37.98 Bn 7.42 Bn 19.38 Bn 18.80 Bn
8 Ares Management 29.86 Bn 29.86 Bn - 13.18 Bn
9 Carlyle 15.50 Bn 14.24 Bn - 10.21 Bn
10 StepStone 3.96 Bn 3.05 Bn - 1.62 Bn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 1.62 Bn
Dec 31, 2025 -108.55 Mn
Sep 30, 2025 816.71 Mn
Jun 30, 2025 1.50 Bn
Mar 31, 2025 1.66 Bn
Dec 31, 2024 1.62 Bn
Sep 30, 2024 1.96 Bn
Jun 30, 2024 1.96 Bn
Mar 31, 2024 1.80 Bn
Dec 31, 2023 1.71 Bn
Sep 30, 2023 1.76 Bn
Jun 30, 2023 1.73 Bn
Mar 31, 2023 1.73 Bn
Dec 31, 2022 1.69 Bn
Sep 30, 2022 1.70 Bn
Jun 30, 2022 1.81 Bn
Mar 31, 2022 1.89 Bn
Dec 31, 2021 1.88 Bn
Sep 30, 2021 1.84 Bn
Mar 31, 2021 659.69 Mn