StepStone (STEP) Total Liabilities (2019 - 2025)
StepStone (STEP) reported Total Liabilities of $4.7 billion for Q4 2025, up 81.18% on a YoY basis from $2.6 billion in Q4 2024, and up 14.99% quarter-over-quarter from $4.1 billion in Q3 2025.
StepStone (STEP) Total Liabilities (2019 - 2025) Analysis & Trends
StepStone has reported Total Liabilities for 7 years, with the latest figure at $4.7 billion in Q4 2025.
- For the quarter ending Q4 2025, Total Liabilities rose 81.18% year-over-year to $4.7 billion; the trailing twelve-month figure through Dec 2025 stood at $4.7 billion (up 81.18% YoY), and the FY2025 full-year result was $2.8 billion, up 46.81% from the prior year.
- Total Liabilities for Q4 2025 stood at $4.7 billion, up from $4.1 billion in the prior quarter.
- The five-year high for Total Liabilities was $4.7 billion in Q4 2025, with the low at $661.1 million in Q1 2021.
- Historically, Total Liabilities has averaged $2.2 billion across 5 years, with a median of $2.0 billion in 2022.
- Annual changes were most pronounced in 2021 — Total Liabilities jumped 652.11% — and 2023, when it dropped 21.99%.
- StepStone's Total Liabilities 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 106.92 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 26.91 Bn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 331.28 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 428.00 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 364.42 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 178.24 Bn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 161.59 Bn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 79.33 Bn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 20.01 Bn |
| 10 | StepStone | 3.56 Bn | 4.40 Bn | - | 4.72 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 661.08 Mn |