StepStone (STEP) Total Non-Current Liabilities (2022 - 2025)
StepStone (STEP) posted Total Non-Current Liabilities of $4.7 billion for Q4 2025, up 15.62% on a QoQ basis from $4.1 billion in Q3 2025, and up 81.78% year-over-year from $2.6 billion in Q4 2024.
StepStone (STEP) Total Non-Current Liabilities (2022 - 2025) Analysis & Trends
StepStone's Total Non-Current Liabilities history runs 4 years deep, the most recent figure standing at $4.7 billion for Q4 2025.
- Quarterly Total Non-Current Liabilities rose 81.78% year-over-year to $4.7 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $4.7 billion (up 81.78% YoY) and the FY2025 annual result came in at $2.8 billion, up 46.01% from the prior year.
- Total Non-Current Liabilities was $4.7 billion for Q4 2025 at StepStone, 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.
- A 4-year average of $2.5 billion and a median of $2.0 billion in 2024 frame the typical range for Total Non-Current Liabilities.
- Annual changes were most pronounced in 2023 — Total Non-Current Liabilities dropped 22.01% — and 2025, when it soared 100.49%.
- StepStone's Total Non-Current Liabilities stood at $1.9 billion in 2022, then slipped by 4.84% to $1.8 billion in 2023, then soared by 44.18% to $2.6 billion in 2024, then jumped by 81.78% to $4.7 billion in 2025.
- Business Quant data shows STEP's Total Non-Current Liabilities at $4.7 billion in Q4 2025, $4.1 billion in Q3 2025, and $3.1 billion in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | -3.74 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 48.14 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 23.67 Bn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 427.90 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 101.77 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 156.07 Bn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 79.14 Bn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | StepStone | 3.23 Bn | 3.12 Bn | - | 4.72 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 1.67 Bn |
| Mar 31, 2023 | 1.84 Bn |
| Dec 31, 2022 | 1.89 Bn |
| Mar 31, 2022 | 2.36 Bn |