StepStone (STEP) Invested Capital (2019 - 2025)

StepStone has reported Invested Capital for 7 years, with the latest figure at $609.9 million in Q4 2025.

• For the quarter ending Q4 2025, Invested Capital fell 62.33% year-over-year to $609.9 million; the trailing twelve-month figure through Dec 2025 stood at $609.9 million (down 62.33% YoY), and the FY2025 full-year result was $448.6 million, down 75.12% from the prior year.
• Invested Capital for Q4 2025 stood at $609.9 million, down from $816.7 million in the prior quarter.
• The five-year high for Invested Capital was $2.0 billion in Q2 2024, with the low at $448.6 million in Q1 2025.
• Historically, Invested Capital has averaged $1.5 billion across 5 years, with a median of $1.7 billion in 2023.
• Annual changes were most pronounced in 2021 — Invested Capital jumped 6359889.66% — and 2025, when it tumbled 75.12%.
• StepStone's Invested Capital stood at $1.9 billion in 2021, then slipped by 10.23% to $1.7 billion in 2022, then grew by 1.48% to $1.7 billion in 2023, then retreated by 5.51% to $1.6 billion in 2024, then sank by 62.33% to $609.9 million in 2025.
• The last three Invested Capital figures came in at $609.9 million (Q4 2025), $816.7 million (Q3 2025), and $1.5 billion (Q2 2025), per Business Quant data.