StepStone (STEP) Return on Sales [ROS] (2019 - 2025)
StepStone's Return on Sales [ROS] was -147.81% in fiscal Q2 2026 (quarter ended Sep 30, 2025), down 170.41 percentage points from 22.60% a year earlier and down 143.47 percentage points from the prior quarter.
StepStone (STEP) Return on Sales [ROS] (2019 - 2025) Analysis & Trends
On a trailing twelve-month basis, StepStone's Return on Sales [ROS] was -66.16% through Sep 30, 2025, down 89.65 percentage points year-over-year; for FY2025 (ended Mar 31, 2025), it was -17.82%, down 46.59 percentage points from FY2024.
- Return on Sales [ROS] shows a five-year change of -53.41 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Return on Sales [ROS] was 28.77% in FY2024 (+83.92 pp), -55.15% in FY2023 (-92.77 pp), 37.62% in FY2022 (-6.21 pp) and 43.82% in FY2021 (+8.23 pp).
- The fiscal Q2 2026 figure marks the lowest quarterly Return on Sales [ROS] since fiscal Q3 2023.
- Compared with a year earlier, Return on Sales [ROS] has declined for three straight quarters, with an average year-over-year change of +5.87 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Sales [ROS] over five years was fiscal Q3 2024 (a gain of 163.43 percentage points); the worst was fiscal Q3 2023 (a drop of 345.87 percentage points).
- Per Business Quant data, STEP's Return on Sales [ROS] in the three fiscal quarters before Q2 2026 was -4.34% (Q1 2026), 3.48% (Q4 2025) and -100.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - | 34.74% |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - | 58.55% |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn | -53.96% |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - | 36.27% |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - | 79.12% |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn | 16.30% |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn | 71.79% |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn | 76.73% |
| 10 | StepStone | 5.17 Bn | 4.47 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -147.81% |
| Jun 30, 2025 | -4.34% |
| Mar 31, 2025 | 3.48% |
| Dec 31, 2024 | -100.79% |
| Sep 30, 2024 | 22.60% |
| Jun 30, 2024 | 31.03% |
| Mar 31, 2024 | 27.23% |
| Dec 31, 2023 | -147.69% |
| Sep 30, 2023 | 36.09% |
| Jun 30, 2023 | 33.74% |
| Mar 31, 2023 | -55.15% |
| Dec 31, 2022 | -311.12% |
| Sep 30, 2022 | -46.48% |
| Jun 30, 2022 | -25.38% |
| Mar 31, 2022 | 31.90% |
| Dec 31, 2021 | 34.75% |
| Sep 30, 2021 | 40.39% |
| Jun 30, 2021 | 45.67% |
| Mar 31, 2021 | 45.36% |
| Dec 31, 2020 | 47.32% |
StepStone Return on Sales [ROS] 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-sales-%5Bros%5D&ticker=STEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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-sales-%5Bros%5D&ticker=STEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();