StepStone (STEP) Long-Term Deferred Tax (2020 - 2026)
StepStone (STEP) recorded Long-Term Deferred Tax of $614.79 million in fiscal Q4 2026 (quarter ended Mar 31, 2026), up 60.6% from $382.89 million a year earlier and up 5.4% from the prior quarter.
StepStone (STEP) Long-Term Deferred Tax (2020 - 2026) Analysis & Trends
Starting with fiscal Q4 2020, StepStone's Long-Term Deferred Tax history includes 24 quarters.
- Annual Long-Term Deferred Tax has increased for four straight fiscal years, with a five-year compound annual growth rate of 47.0% (FY2021 to FY2026).
- Across earlier fiscal years, Long-Term Deferred Tax came in at $382.89 million in FY2025 (+107.5%), $184.51 million in FY2024 (+316.0%), $44.36 million in FY2023 (+59.2%) and $27.87 million in FY2022 (-68.8%).
- The fiscal Q4 2026 figure is the highest quarterly Long-Term Deferred Tax in data going back to fiscal Q4 2020.
- On a year-over-year basis, Long-Term Deferred Tax has increased for nine consecutive quarters, with growth averaging 263.1% over the last eight quarters.
- Peak year-over-year performance for Long-Term Deferred Tax in the last five years was growth of 685.6% in fiscal Q3 2025, against a decline of 98.5% in fiscal Q2 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $583.57 million (Q3 2026), $524.32 million (Q2 2026) and $403.32 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn |
| 10 | StepStone | 5.14 Bn | 4.44 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 614.79 Mn |
| Dec 31, 2025 | 583.57 Mn |
| Sep 30, 2025 | 524.32 Mn |
| Jun 30, 2025 | 403.32 Mn |
| Mar 31, 2025 | 382.89 Mn |
| Dec 31, 2024 | 356.12 Mn |
| Sep 30, 2024 | 244.73 Mn |
| Jun 30, 2024 | 195.42 Mn |
| Mar 31, 2024 | 184.51 Mn |
| Dec 31, 2023 | 45.33 Mn |
| Sep 30, 2023 | 36.83 Mn |
| Jun 30, 2023 | 38.91 Mn |
| Mar 31, 2023 | 44.36 Mn |
| Dec 31, 2022 | 49.25 Mn |
| Sep 30, 2022 | 39.50 Mn |
| Jun 30, 2022 | 31.53 Mn |
| Mar 31, 2022 | 27.87 Mn |
| Dec 31, 2021 | 18.97 Mn |
| Sep 30, 2021 | 678,000.00 |
| Jun 30, 2021 | 94.45 Mn |
StepStone Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=STEP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "STEP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=STEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();