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

StepStone (STEP) reported Total Non-Current Liabilities of $4.7 billion for Q4 2025, up 81.78% on a YoY basis from $2.6 billion in Q4 2024, and up 15.62% quarter-over-quarter from $4.1 billion in Q3 2025.

StepStone (STEP) Total Non-Current Liabilities (2022 - 2025) Analysis & Trends

StepStone has reported Total Non-Current Liabilities for 4 years, with the latest figure 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.
  • The five-year high for Total Non-Current Liabilities was $4.7 billion in Q4 2025, with the low at $1.7 billion in Q2 2023.
  • Historically, Total Non-Current Liabilities has averaged $2.5 billion across 4 years, with a median of $2.0 billion in 2024.
  • Annual changes were most pronounced in 2023 — Total Non-Current Liabilities retreated 22.01% — and 2025, when it soared 100.49%.
  • StepStone's Total Non-Current Liabilities stood at $1.9 billion in 2022, then retreated by 4.84% to $1.8 billion in 2023, then jumped by 44.18% to $2.6 billion in 2024, then surged 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 163.18 Bn 153.56 Bn - 99.02 Bn
2 Blackstone 96.85 Bn 95.80 Bn - 23.67 Bn
3 Kkr 86.45 Bn 133.96 Bn - 331.02 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 427.64 Bn
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 165.92 Bn
7 Northern Trust 31.92 Bn 31.92 Bn - 156.07 Bn
8 Raymond James Financial 30.62 Bn 19.37 Bn - 79.14 Bn
9 Ares Management 29.04 Bn 32.41 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 4.08 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