StepStone (STEP) Return on Assets [ROA] (2020 - 2025)
StepStone (STEP) recorded Return on Assets [ROA] of -13.94% in fiscal Q3 2026 (quarter ended Dec 31, 2025), down 11.47 percentage points from -2.47% a year earlier but up 3.10 percentage points from the prior quarter.
StepStone (STEP) Return on Assets [ROA] (2020 - 2025) Analysis & Trends
For FY2025 (ended Mar 31, 2025), StepStone reported Return on Assets [ROA] of -4.13%, down 8.73 percentage points from FY2024.
- Annual Return on Assets [ROA] has a four-year change of -35.56 percentage points (FY2021 to FY2025).
- Across earlier fiscal years, Return on Assets [ROA] came in at 4.61% in FY2024 (+5.78 pp), -1.18% in FY2023 (-18.76 pp), 17.58% in FY2022 (-13.85 pp) and 31.43% in FY2021.
- Quarterly Return on Assets [ROA] has ranged from -17.04% in fiscal Q2 2026 to 29.61% in fiscal Q1 2022 over the past five years.
- On a year-over-year basis, Return on Assets [ROA] has declined for six consecutive quarters, with an average year-over-year change of -5.94 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 5.92 percentage points in fiscal Q4 2024, against a drop of 21.30 percentage points in fiscal Q1 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -17.04% (Q2 2026), -4.97% (Q1 2026) and -3.87% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - | 4.12% |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - | 16.25% |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - | 13.90% |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn | 1.02% |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - | 1.33% |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - | 16.12% |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn | 0.89% |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn | 18.58% |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn | 21.76% |
| 10 | StepStone | 5.17 Bn | 4.47 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -13.94% |
| Sep 30, 2025 | -17.04% |
| Jun 30, 2025 | -4.97% |
| Mar 31, 2025 | -3.87% |
| Dec 31, 2024 | -2.47% |
| Sep 30, 2024 | 4.07% |
| Jun 30, 2024 | 4.37% |
| Mar 31, 2024 | 4.63% |
| Dec 31, 2023 | 4.02% |
| Sep 30, 2023 | 4.26% |
| Jun 30, 2023 | 0.73% |
| Mar 31, 2023 | -1.29% |
| Dec 31, 2022 | 0.04% |
| Sep 30, 2022 | 3.78% |
| Jun 30, 2022 | 8.31% |
| Mar 31, 2022 | 11.78% |
| Dec 31, 2021 | 13.52% |
| Sep 30, 2021 | 18.81% |
| Jun 30, 2021 | 33.53% |
| Mar 31, 2021 | 27.17% |
StepStone Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=STEP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=STEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();