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
DateValue
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