StepStone (STEP) Long-Term Investments (2020 - 2025)
StepStone (STEP) reported Long-Term Investments of $2.8 billion for Q4 2025, up 26.12% on a YoY basis from $2.2 billion in Q4 2024, and up 6.71% quarter-over-quarter from $2.6 billion in Q3 2025.
StepStone (STEP) Long-Term Investments (2020 - 2025) Analysis & Trends
StepStone has reported Long-Term Investments for 6 years, with the latest figure at $2.8 billion in Q4 2025.
- For the quarter ending Q4 2025, Long-Term Investments rose 26.12% year-over-year to $2.8 billion; the trailing twelve-month figure through Dec 2025 stood at $2.8 billion (up 26.12% YoY), and the FY2025 full-year result was $2.3 billion, up 8.88% from the prior year.
- Long-Term Investments for Q4 2025 stood at $2.8 billion, up from $2.6 billion in the prior quarter.
- The five-year high for Long-Term Investments was $2.9 billion in Q1 2022, with the low at $970.9 million in Q1 2021.
- Historically, Long-Term Investments has averaged $2.2 billion across 5 years, with a median of $2.2 billion in 2023.
- Annual changes were most pronounced in 2021 — Long-Term Investments soared 362.24% — and 2023, when it slipped 27.69%.
- StepStone's Long-Term Investments 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 14.57 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 32.75 Bn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 77.47 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 3.10 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 586.00 Mn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 2.51 Bn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | - |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 399.00 Mn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | -1.48 Bn |
| 10 | StepStone | 3.56 Bn | 4.40 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 |