StepStone (STEP) Tax Rate (2019 - 2024)
StepStone (STEP) posted Tax Rate of 8.21% for fiscal Q2 2025 (quarter ended Sep 30, 2024), down 3.33 percentage points from 11.54% a year earlier and down 4.19 percentage points from the prior quarter.
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Analysis
StepStone (STEP) Tax Rate (2019 - 2024) Analysis & Trends
For the trailing twelve months through Sep 30, 2024, Tax Rate at StepStone was 12.45%, down 2.30 percentage points year-over-year; for FY2024 (ended Mar 31, 2024), it was 14.11%.
- Annual Tax Rate shows a five-year change of +11.45 percentage points (FY2019 to FY2024).
- In prior fiscal years, StepStone's Tax Rate was 5.52% in FY2022 (-1.36 pp), 6.88% in FY2021 (+4.22 pp) and 2.66% in FY2020 (unchanged).
- The fiscal Q2 2025 figure stands as the lowest quarterly Tax Rate since fiscal Q4 2021.
- On a year-over-year basis, Tax Rate has declined in each of the last three quarters, with an average year-over-year change of -0.91 percentage points over the last four quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was fiscal Q4 2023, with a gain of 5.27 percentage points; the weakest was fiscal Q2 2025, with a drop of 3.33 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.94 Bn | 131.46 Bn | - | 27.38% |
| 2 | Spdr Gold Trust | 136.06 Bn | -421.95 Bn | - | - |
| 3 | Blackstone | 99.73 Bn | 89.71 Bn | - | 16.11% |
| 4 | Brookfield | 96.90 Bn | -86.42 Bn | - | - |
| 5 | Kkr | 88.04 Bn | 8.18 Bn | - | 17.91% |
| 6 | Brookfield Asset Management | 86.60 Bn | 81.40 Bn | - | 12.14% |
| 7 | Apollo Global Management | 73.98 Bn | -12.18 Bn | 4.14 Bn | - |
| 8 | Wheaton Precious Metals | 65.15 Bn | 60.57 Bn | 687.86 Mn | 15.78% |
| 9 | Franco Nevada | 50.79 Bn | 48.15 Bn | 451.00 Mn | 22.86% |
| 10 | StepStone | 4.05 Bn | 1.48 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 8.21% |
| Jun 30, 2024 | 12.39% |
| Mar 31, 2024 | 12.67% |
| Sep 30, 2023 | 11.54% |
| Jun 30, 2023 | 14.81% |
| Mar 31, 2023 | 15.83% |
| Mar 31, 2022 | 10.56% |
| Dec 31, 2021 | 11.11% |
| Jun 30, 2021 | 10.23% |
| Mar 31, 2021 | 7.17% |
| Dec 31, 2020 | 8.16% |
| Sep 30, 2020 | 0.81% |
| Mar 31, 2020 | 2.49% |
| Dec 31, 2019 | 5.47% |
| Sep 30, 2019 | 2.22% |
API Access
StepStone Tax Rate 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=tax-rate&ticker=STEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=STEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();