StepStone (STEP) Net Margin (2020 - 2025)
StepStone (STEP) reported Net Margin of -26.88% for FY2026 (year ended Mar 31, 2026), down 11.59 percentage points from -15.28% in FY2025.
Powered by 
Analysis
StepStone (STEP) Net Margin (2020 - 2025) Analysis & Trends
Dating back to FY2021, StepStone's Net Margin record includes 6 fiscal years.
- Net Margin has a five-year change of -34.83 percentage points (FY2021 to FY2026).
- The FY2026 figure ranks as the lowest annual Net Margin since FY2023.
- According to Business Quant data, Net Margin came in at -15.28% in FY2025 (-23.45 pp), 8.16% in FY2024 (+35.39 pp), -27.23% in FY2023 (-41.43 pp) and 14.20% in FY2022 (+6.25 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.61 Bn | 131.13 Bn | - | 21.40% |
| 2 | Spdr Gold Trust | 137.36 Bn | -420.64 Bn | - | - |
| 3 | Blackstone | 99.44 Bn | 89.42 Bn | - | 24.37% |
| 4 | Brookfield | 96.58 Bn | -86.73 Bn | - | 1.66% |
| 5 | Kkr | 87.72 Bn | 7.87 Bn | - | 11.53% |
| 6 | Brookfield Asset Management | 86.65 Bn | 81.46 Bn | - | 51.57% |
| 7 | Apollo Global Management | 73.80 Bn | -12.36 Bn | 4.14 Bn | -22.30% |
| 8 | Wheaton Precious Metals | 65.20 Bn | 60.63 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 50.85 Bn | 48.21 Bn | 451.00 Mn | 60.94% |
| 10 | StepStone | 4.04 Bn | 1.47 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -80.61% |
| Jun 30, 2025 | -10.55% |
| Mar 31, 2025 | -4.90% |
| Dec 31, 2024 | -56.64% |
| Sep 30, 2024 | 6.49% |
| Jun 30, 2024 | 7.15% |
| Mar 31, 2024 | 8.64% |
| Dec 31, 2023 | -138.42% |
| Sep 30, 2023 | 13.70% |
| Jun 30, 2023 | 11.95% |
| Dec 31, 2022 | -163.83% |
| Sep 30, 2022 | -18.44% |
| Jun 30, 2022 | -14.30% |
| Mar 31, 2022 | 11.47% |
| Dec 31, 2021 | 11.78% |
| Sep 30, 2021 | 22.03% |
| Jun 30, 2021 | 13.50% |
| Mar 31, 2021 | 10.54% |
| Dec 31, 2020 | 10.35% |
| Sep 30, 2020 | -0.33% |
API Access
StepStone Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=STEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "STEP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=STEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();