StepStone (STEP) Net Margin (2019 - 2025)
StepStone (STEP) posted Net Margin of 126.7% for Q3 2025, down 3742.65% on a QoQ basis from 3.3% in Q2 2025, and down 14626.0% year-over-year from N/an in Q3 2024.
StepStone (STEP) Net Margin (2019 - 2025) Analysis & Trends
StepStone's Net Margin history runs 7 years deep, the most recent figure standing at 126.7% for Q3 2025.
- Quarterly Net Margin fell 14626.0% year-over-year to 126.7% in Q3 2025, while the trailing twelve-month figure through Sep 2025 was 56.11% (down 7544.0% YoY) and the FY2025 annual result came in at 14.71%, down 3829.0% from the prior year.
- Net Margin was 126.7% for Q3 2025 at StepStone, down from 3.3% in the prior quarter.
- Across five years, Net Margin topped out at 45.38% in Q3 2021 and bottomed at 320.07% in Q4 2022.
- A 5-year average of 25.25% and a median of 19.56% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin plunged 35084 bps — and 2023, when it surged 15980 bps.
- StepStone's Net Margin stood at 30.77% in 2021, then sank by 1140 bps to 320.07% in 2022, then surged by 50 bps to 160.27% in 2023, then soared by 47 bps to 84.7% in 2024, then slumped by 50 bps to 126.7% in 2025.
- Business Quant data shows STEP's Net Margin at 126.7% in Q3 2025, 3.3% in Q2 2025, and 3.48% in Q1 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 0.55% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 32.99% |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 34.77% |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -889.40% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 18.57% |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 18.73% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 37.97% |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 14.05% |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 26.07% |
| 10 | StepStone | 3.23 Bn | 3.12 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -126.70% |
| Jun 30, 2025 | -3.30% |
| Mar 31, 2025 | 3.48% |
| Dec 31, 2024 | -84.70% |
| Sep 30, 2024 | 19.56% |
| Jun 30, 2024 | 25.78% |
| Mar 31, 2024 | 23.13% |
| Dec 31, 2023 | -160.27% |
| Sep 30, 2023 | 30.95% |
| Jun 30, 2023 | 27.78% |
| Mar 31, 2023 | -32.96% |
| Dec 31, 2022 | -320.07% |
| Sep 30, 2022 | -42.31% |
| Jun 30, 2022 | -27.81% |
| Mar 31, 2022 | 28.41% |
| Dec 31, 2021 | 30.77% |
| Sep 30, 2021 | 45.38% |
| Jun 30, 2021 | 41.00% |
| Mar 31, 2021 | 42.11% |
| Dec 31, 2020 | 43.45% |