StepStone (STEP) Long-Term Investments (2020 - 2025)
StepStone (STEP) posted Long-Term Investments of $2.8 billion for Q4 2025, up 6.71% on a QoQ basis from $2.6 billion in Q3 2025, and up 26.12% year-over-year from $2.2 billion in Q4 2024.
StepStone (STEP) Long-Term Investments (2020 - 2025) Analysis & Trends
StepStone's Long-Term Investments history runs 6 years deep, the most recent figure standing at $2.8 billion for Q4 2025.
- Quarterly Long-Term Investments rose 26.12% year-over-year to $2.8 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.8 billion (up 26.12% YoY) and the FY2025 annual result came in at $2.3 billion, up 8.88% from the prior year.
- Long-Term Investments was $2.8 billion for Q4 2025 at StepStone, up from $2.6 billion in the prior quarter.
- Across five years, Long-Term Investments topped out at $2.9 billion in Q1 2022 and bottomed at $970.9 million in Q1 2021.
- A 5-year average of $2.2 billion and a median of $2.2 billion in 2023 frame the typical range for Long-Term Investments.
- Annual changes were most pronounced in 2021 — Long-Term Investments soared 362.24% — and 2023, when it fell 27.69%.
- StepStone's Long-Term Investments stood at $2.8 billion in 2021, then declined by 22.97% to $2.1 billion in 2022, then fell by 7.59% to $2.0 billion in 2023, then increased by 13.08% to $2.2 billion in 2024, then rose by 26.12% to $2.8 billion in 2025.
- Business Quant data shows STEP's Long-Term Investments at $2.8 billion in Q4 2025, $2.6 billion in Q3 2025, and $2.5 billion in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 82.87 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 14.57 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 32.75 Bn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 2.28 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 3.88 Bn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 58.97 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 399.00 Mn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 3.17 Bn |
| 10 | StepStone | 3.23 Bn | 3.12 Bn | - | 2.80 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.80 Bn |
| Sep 30, 2025 | 2.62 Bn |
| Jun 30, 2025 | 2.45 Bn |
| Mar 31, 2025 | 2.31 Bn |
| Dec 31, 2024 | 2.22 Bn |
| Sep 30, 2024 | 2.16 Bn |
| Jun 30, 2024 | 2.09 Bn |
| Mar 31, 2024 | 2.12 Bn |
| Dec 31, 2023 | 1.96 Bn |
| Sep 30, 2023 | 2.16 Bn |
| Jun 30, 2023 | 2.15 Bn |
| Mar 31, 2023 | 2.11 Bn |
| Dec 31, 2022 | 2.12 Bn |
| Sep 30, 2022 | 2.29 Bn |
| Jun 30, 2022 | 2.62 Bn |
| Mar 31, 2022 | 2.92 Bn |
| Dec 31, 2021 | 2.76 Bn |
| Sep 30, 2021 | 2.51 Bn |
| Jun 30, 2021 | 1.16 Bn |
| Mar 31, 2021 | 970.90 Mn |