Blackstone Secured Lending Fund (BXSL) Asset Utilization Ratio (2022 - 2026)
Blackstone Secured Lending Fund (BXSL) reported Asset Utilization Ratio of 0.1 for Q1 2026, down 5.27% on a YoY basis from 0.1 in Q1 2025, and down 2.88% quarter-over-quarter from 0.1 in Q4 2025.
Blackstone Secured Lending Fund (BXSL) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
Blackstone Secured Lending Fund has reported Asset Utilization Ratio for 5 years, with the latest figure at 0.1 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 5.27% year-over-year to 0.1; the trailing twelve-month figure through Mar 2026 stood at 0.1 (down 5.27% YoY), and the FY2025 full-year result was 0.1, down 10.25% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.1, down from 0.1 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.11 in Q4 2023, with the low at 0.09 in Q4 2022.
- Historically, Asset Utilization Ratio has averaged 0.1 across 5 years, with a median of 0.1 in 2024.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio surged 32.54% — and 2025, when it fell 11.33%.
- Blackstone Secured Lending Fund's Asset Utilization Ratio stood at 0.09 in 2022, then soared by 32.54% to 0.11 in 2023, then decreased by 9.64% to 0.1 in 2024, then retreated by 4.41% to 0.1 in 2025, then retreated by 2.88% to 0.1 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.1 (Q1 2026), 0.1 (Q4 2025), and 0.1 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 0.15 |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 0.31 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 0.00 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 0.00 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 0.04 |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 0.10 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 0.03 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 0.18 |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 0.21 |
| 10 | Blackstone Secured Lending Fund | 5.48 Bn | 5.13 Bn | - | 0.10 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.10 |
| Dec 31, 2025 | 0.10 |
| Sep 30, 2025 | 0.10 |
| Jun 30, 2025 | 0.10 |
| Mar 31, 2025 | 0.10 |
| Dec 31, 2024 | 0.10 |
| Sep 30, 2024 | 0.11 |
| Jun 30, 2024 | 0.11 |
| Mar 31, 2024 | 0.11 |
| Dec 31, 2023 | 0.11 |
| Sep 30, 2023 | 0.11 |
| Jun 30, 2023 | 0.11 |
| Mar 31, 2023 | 0.09 |
| Dec 31, 2022 | 0.09 |