StepStone (STEP) Long-Term Investments (2020 - 2026)
StepStone's (STEP) quarterly Long-Term Investments came in at $2.8 billion in Q4 2025, up 26.12% YoY from $2.2 billion in Q4 2024, and up 6.71% on a QoQ basis from $2.6 billion in Q3 2025.
StepStone (STEP) Long-Term Investments (2020 - 2026) Analysis & Trends
StepStone (STEP) has 6 years of Long-Term Investments data on file, last reported at $2.8 billion in 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 improved to $2.8 billion in Q4 2025, from $2.6 billion in the prior quarter.
- In the past five years, Long-Term Investments ranged from a high of $2.9 billion in Q1 2022 to a low of $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 slipped 27.69%.
- Tracing STEP's Long-Term Investments over 5 years: stood at $2.8 billion in 2021, then slipped by 22.97% to $2.1 billion in 2022, then dropped by 7.59% to $2.0 billion in 2023, then climbed by 13.08% to $2.2 billion in 2024, then grew by 26.12% to $2.8 billion in 2025.
- The last three Long-Term Investments figures came in at $2.8 billion (Q4 2025), $2.6 billion (Q3 2025), and $2.5 billion (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 15.14 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 34.59 Bn |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 837.70 Mn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | 87.68 Bn |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 10.36 Bn |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 333.84 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 4.10 Bn |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 59.65 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 383.00 Mn |
| 10 | StepStone | 3.96 Bn | 3.06 Bn | - | 3.04 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.04 Bn |
| 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 |