StepStone (STEP) Price to Sales (2020 - 2025)
StepStone's (STEP) Price to Sales stood at 5.03 in fiscal Q2 2026 (quarter ended Sep 30, 2025), down 36.2% from 7.89 a year earlier but up 3.9% from the prior quarter.
StepStone (STEP) Price to Sales (2020 - 2025) Analysis & Trends
For FY2025 (ended Mar 31, 2025), StepStone's Price to Sales came in at 5.18, down 8.4% from FY2024.
- Across earlier fiscal years, Price to Sales came in at 5.65 in FY2024 (-85.9%), 40.14 in FY2023, 2.69 in FY2022 (-36.6%) and 4.25 in FY2021.
- Quarterly Price to Sales has ranged from 2.55 in fiscal Q1 2023 to 40.14 in fiscal Q4 2023 over the past five years.
- On a year-over-year basis, Price to Sales has declined for seven consecutive quarters, with an average decline of 9.1% over the last eight quarters.
- Peak year-over-year performance for Price to Sales in the last five years was growth of 550.7% in fiscal Q2 2024, against a decline of 86.5% in fiscal Q4 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 4.84 (Q1 2026), 5.18 (Q4 2025) and 5.82 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn |
| 10 | StepStone | 5.17 Bn | 4.47 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 5.03 |
| Jun 30, 2025 | 4.84 |
| Mar 31, 2025 | 5.18 |
| Dec 31, 2024 | 5.82 |
| Sep 30, 2024 | 7.89 |
| Jun 30, 2024 | 6.97 |
| Mar 31, 2024 | 5.43 |
| Dec 31, 2023 | 16.89 |
| Sep 30, 2023 | 17.63 |
| Jun 30, 2023 | 16.47 |
| Mar 31, 2023 | 40.14 |
| Dec 31, 2022 | 4.65 |
| Sep 30, 2022 | 2.71 |
| Jun 30, 2022 | 2.55 |
| Mar 31, 2022 | 2.69 |
| Dec 31, 2021 | 3.40 |
| Sep 30, 2021 | 3.96 |
| Jun 30, 2021 | 2.82 |
| Mar 31, 2021 | 3.67 |
| Dec 31, 2020 | 5.43 |
StepStone Price to Sales 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=price-to-sales&ticker=STEP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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=price-to-sales&ticker=STEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();