StepStone (STEP) Tax Rate (2019 - 2025)
StepStone (STEP) posted Tax Rate of 14.85% for Q3 2025, down 63.77% on a QoQ basis from 40.98% in Q2 2025, and up 664.0% year-over-year from 1.94% in Q3 2024.
StepStone (STEP) Tax Rate (2019 - 2025) Analysis & Trends
StepStone's Tax Rate history runs 7 years deep, the most recent figure standing at 14.85% for Q3 2025.
- Quarterly Tax Rate rose 664.0% year-over-year to 14.85% in Q3 2025, while the trailing twelve-month figure through Sep 2025 was 16.43% (up 398.0% YoY) and the FY2025 annual result came in at 22.16%, up 805.0% from the prior year.
- Tax Rate was 14.85% for Q3 2025 at StepStone, down from 40.98% in the prior quarter.
- Across five years, Tax Rate topped out at 40.98% in Q2 2025 and bottomed at 32.19% in Q1 2025.
- A 5-year average of 8.11% and a median of 10.56% in 2022 frame the typical range for Tax Rate.
- Peak annual rise in Tax Rate reached 2858 bps in 2025, while the deepest fall reached 4486 bps in 2025.
- StepStone's Tax Rate stood at 11.11% in 2021, then tumbled by 54 bps to 5.12% in 2022, then sank by 42 bps to 2.99% in 2023, then surged by 457 bps to 16.7% in 2024, then retreated by 11 bps to 14.85% in 2025.
- Business Quant data shows STEP's Tax Rate at 14.85% in Q3 2025, 40.98% in Q2 2025, and 32.19% in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | -1.22% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 18.16% |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 13.55% |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 598.59% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 21.16% |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 20.02% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 24.99% |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 25.99% |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 23.43% |
| 10 | StepStone | 3.23 Bn | 3.12 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 14.85% |
| Sep 30, 2025 | 14.85% |
| Sep 30, 2025 | 14.85% |
| Jun 30, 2025 | 40.98% |
| Jun 30, 2025 | 40.98% |
| Jun 30, 2025 | 40.98% |
| Mar 31, 2025 | -32.19% |
| Mar 31, 2025 | -32.19% |
| Mar 31, 2025 | -32.19% |
| Dec 31, 2024 | 16.70% |
| Dec 31, 2024 | 16.70% |
| Dec 31, 2024 | 16.70% |
| Sep 30, 2024 | 8.21% |
| Sep 30, 2024 | 8.21% |
| Sep 30, 2024 | 8.21% |
| Jun 30, 2024 | 12.39% |
| Jun 30, 2024 | 12.39% |
| Jun 30, 2024 | 12.39% |
| Mar 31, 2024 | 12.67% |
| Mar 31, 2024 | 12.67% |