Growth Metrics

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 🔒
DateValue
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