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
DateValue
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