StepStone (STEP) Operating Leases (2021 - 2025)
StepStone posted quarterly Operating Leases of $106.5 million for Q4 2025, down 5.06% year-on-year from $112.2 million in Q4 2024, and down 2.71% on a QoQ basis from $109.5 million in Q3 2025.
StepStone (STEP) has 5 years of Operating Leases data on file, last reported at $106.5 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Leases fell 5.06% year-over-year to $106.5 million; the trailing twelve-month figure through Dec 2025 stood at $106.5 million (down 5.06% YoY), and the FY2025 full-year result was $113.5 million, down 5.19% from the prior year.
- Operating Leases for Q4 2025 stood at $106.5 million, down from $109.5 million in the prior quarter.
- Across five years, Operating Leases topped out at $124.3 million in Q4 2022 and bottomed at $71.0 million in Q1 2022.
- The 5-year median for Operating Leases is $112.5 million (2025), against an average of $103.1 million.
- The widest annual swing landed in 2023, when Operating Leases jumped 70.82%; it then decreased 5.84% in 2025.
- A 5-year view of Operating Leases shows it stood at $73.4 million in 2021, then soared by 69.29% to $124.3 million in 2022, then retreated by 4.73% to $118.4 million in 2023, then decreased by 5.29% to $112.2 million in 2024, then decreased by 5.06% to $106.5 million in 2025.
- The last three Operating Leases figures came in at $106.5 million (Q4 2025), $109.5 million (Q3 2025), and $112.5 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - |
| 10 | StepStone | 3.79 Bn | 4.63 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 106.50 Mn |
| Sep 30, 2025 | 109.46 Mn |
| Jun 30, 2025 | 112.48 Mn |
| Mar 31, 2025 | 113.52 Mn |
| Dec 31, 2024 | 112.18 Mn |
| Sep 30, 2024 | 116.25 Mn |
| Jun 30, 2024 | 118.07 Mn |
| Mar 31, 2024 | 119.74 Mn |
| Dec 31, 2023 | 118.44 Mn |
| Sep 30, 2023 | 119.12 Mn |
| Jun 30, 2023 | 116.18 Mn |
| Mar 31, 2023 | 121.22 Mn |
| Dec 31, 2022 | 124.32 Mn |
| Sep 30, 2022 | 72.08 Mn |
| Jun 30, 2022 | 83.27 Mn |
| Mar 31, 2022 | 70.97 Mn |
| Dec 31, 2021 | 73.44 Mn |
| Sep 30, 2021 | 75.81 Mn |
| Jun 30, 2021 | 75.51 Mn |