Growth Metrics

StepStone (STEP) Total Non-Current Liabilities (2022 - 2025)

StepStone posted quarterly Total Non-Current Liabilities of $4.7 billion for Q4 2025, up 81.78% year-on-year from $2.6 billion in Q4 2024, and up 15.62% on a QoQ basis from $4.1 billion in Q3 2025.

StepStone (STEP) has 4 years of Total Non-Current Liabilities data on file, last reported at $4.7 billion in Q4 2025.

  • For the quarter ending Q4 2025, Total Non-Current Liabilities rose 81.78% year-over-year to $4.7 billion; the trailing twelve-month figure through Dec 2025 stood at $4.7 billion (up 81.78% YoY), and the FY2025 full-year result was $2.8 billion, up 46.01% from the prior year.
  • Total Non-Current Liabilities for Q4 2025 stood at $4.7 billion, up from $4.1 billion in the prior quarter.
  • Across five years, Total Non-Current Liabilities topped out at $4.7 billion in Q4 2025 and bottomed at $1.7 billion in Q2 2023.
  • The 4-year median for Total Non-Current Liabilities is $2.0 billion (2024), against an average of $2.5 billion.
  • The widest annual swing landed in 2023, when Total Non-Current Liabilities retreated 22.01%; it then soared 100.49% in 2025.
  • A 4-year view of Total Non-Current Liabilities shows it stood at $1.9 billion in 2022, then decreased by 4.84% to $1.8 billion in 2023, then surged by 44.18% to $2.6 billion in 2024, then soared by 81.78% to $4.7 billion in 2025.
  • The last three Total Non-Current 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 Non-Current Liabilities (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 99.02 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 23.67 Bn
3 Kkr 84.94 Bn 132.45 Bn - 331.02 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 6.24 Bn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 427.64 Bn
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 165.92 Bn
8 Northern Trust 31.21 Bn 31.21 Bn - 156.07 Bn
9 Ares Management 28.85 Bn 32.22 Bn - -
10 StepStone 3.79 Bn 4.63 Bn - 4.72 Bn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 4.72 Bn
Sep 30, 2025 4.08 Bn
Jun 30, 2025 3.08 Bn
Mar 31, 2025 2.79 Bn
Dec 31, 2024 2.60 Bn
Sep 30, 2024 2.04 Bn
Jun 30, 2024 1.89 Bn
Mar 31, 2024 1.91 Bn
Dec 31, 2023 1.80 Bn
Sep 30, 2023 1.91 Bn
Jun 30, 2023 1.66 Bn
Mar 31, 2023 1.84 Bn
Dec 31, 2022 1.89 Bn
Mar 31, 2022 2.36 Bn