StepStone (STEP) Total Liabilities (2020 - 2026)
StepStone's (STEP) quarterly Total Liabilities came in at $4.7 billion in Q4 2025, up 81.18% YoY from $2.6 billion in Q4 2024, and up 14.99% on a QoQ basis from $4.1 billion in Q3 2025.
StepStone (STEP) Total Liabilities (2020 - 2026) Analysis & Trends
StepStone (STEP) has 6 years of Total Liabilities data on file, last reported at $4.7 billion in Q4 2025.
- Quarterly Total Liabilities rose 81.18% year-over-year to $4.7 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $4.7 billion (up 81.18% YoY) and the FY2025 annual result came in at $2.8 billion, up 46.81% from the prior year.
- Total Liabilities rose to $4.7 billion in Q4 2025, from $4.1 billion in the prior quarter.
- In the past five years, Total Liabilities ranged from a high of $4.7 billion in Q4 2025 to a low of $661.1 million in Q1 2021.
- A 5-year average of $2.2 billion and a median of $2.0 billion in 2022 frame the typical range for Total Liabilities.
- Annual changes were most pronounced in 2021 — Total Liabilities jumped 433.84% — and 2023, when it dropped 21.99%.
- Tracing STEP's Total Liabilities over 5 years: stood at $2.2 billion in 2021, then slipped by 14.68% to $1.9 billion in 2022, then slipped by 4.79% to $1.8 billion in 2023, then surged by 44.6% to $2.6 billion in 2024, then surged by 81.18% to $4.7 billion in 2025.
- The last three Total Liabilities figures came in at $4.7 billion (Q4 2025), $4.1 billion (Q3 2025), and $3.1 billion (Q2 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.42 Bn | 164.55 Bn | - | 111.34 Bn |
| 2 | Blackstone | 114.74 Bn | 112.24 Bn | - | 27.46 Bn |
| 3 | Kkr | 97.49 Bn | -179.58 Bn | - | 334.01 Bn |
| 4 | Brookfield | 93.45 Bn | 46.04 Bn | - | 358.88 Bn |
| 5 | Brookfield Asset Management | 83.63 Bn | 82.13 Bn | - | 8.21 Bn |
| 6 | Apollo Global Management | 78.51 Bn | 53.14 Bn | 10.54 Bn | 452.57 Bn |
| 7 | State Street | 51.49 Bn | 51.49 Bn | - | 390.11 Bn |
| 8 | Ameriprise Financial | 51.15 Bn | 40.11 Bn | 4.72 Bn | 191.51 Bn |
| 9 | Northern Trust | 33.97 Bn | 33.97 Bn | - | 165.90 Bn |
| 10 | StepStone | 3.98 Bn | 3.07 Bn | - | 5.88 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.88 Bn |
| Dec 31, 2025 | 4.72 Bn |
| Sep 30, 2025 | 4.11 Bn |
| Jun 30, 2025 | 3.08 Bn |
| Mar 31, 2025 | 2.81 Bn |
| Dec 31, 2024 | 2.61 Bn |
| Sep 30, 2024 | 2.04 Bn |
| Jun 30, 2024 | 1.89 Bn |
| Mar 31, 2024 | 1.92 Bn |
| Dec 31, 2023 | 1.80 Bn |
| Sep 30, 2023 | 1.91 Bn |
| Jun 30, 2023 | 1.86 Bn |
| Mar 31, 2023 | 1.84 Bn |
| Dec 31, 2022 | 1.89 Bn |
| Sep 30, 2022 | 1.93 Bn |
| Jun 30, 2022 | 2.16 Bn |
| Mar 31, 2022 | 2.36 Bn |
| Dec 31, 2021 | 2.22 Bn |
| Sep 30, 2021 | 2.10 Bn |
| Jun 30, 2021 | 861.63 Mn |