Blackstone Secured Lending Fund (BXSL) Common Equity (2021 - 2026)
Blackstone Secured Lending Fund's (BXSL) quarterly Common Equity came in at $5.9 billion in Q2 2026, down 5.56% on a YoY basis from $6.3 billion in Q2 2025, and down 2.64% quarter-over-quarter from $6.1 billion in Q1 2026.
Analysis
Blackstone Secured Lending Fund (BXSL) Common Equity (2021 - 2026) Analysis & Trends
Blackstone Secured Lending Fund (BXSL) has reported Common Equity for 6 consecutive years, with $5.9 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Common Equity fell 5.56% year-over-year to $5.9 billion; the trailing twelve-month figure through Jun 2026 stood at $5.9 billion (down 5.56% YoY), and the FY2025 full-year result was $6.2 billion, up 2.78% from the prior year.
- Common Equity fell to $5.9 billion in Q2 2026 per BXSL's latest filing, from $6.1 billion in the prior quarter.
- Across five years, Common Equity topped out at $6.3 billion in Q2 2025 and bottomed at $4.2 billion in Q4 2022.
- Historically, Common Equity has averaged $5.3 billion across 5 years, with a median of $5.3 billion in 2024.
- The sharpest annual moves came in 2022 and 2024: Common Equity dropped 6.49% in 2022, then climbed 24.01% in 2024.
- Over 5 years, Common Equity stood at $4.2 billion in 2022, then rose by 19.07% to $5.0 billion in 2023, then advanced by 22.71% to $6.1 billion in 2024, then advanced by 2.78% to $6.2 billion in 2025, then retreated by 4.91% to $5.9 billion in 2026.
- According to Business Quant data, Common Equity over the past three periods registered $5.9 billion, $6.1 billion, and $6.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.39 Bn | 14.01 Bn | - | 13.89 Bn |
| 2 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - | 5.94 Bn |
| 3 | Blue Owl Capital | 5.62 Bn | 5.38 Bn | - | 7.03 Bn |
| 4 | Main Street Capital | 5.39 Bn | 5.33 Bn | - | 3.17 Bn |
| 5 | Blue Owl Technology Finance | 5.20 Bn | 4.99 Bn | - | 7.54 Bn |
| 6 | Hercules Capital | 4.68 Bn | 4.64 Bn | - | 2.27 Bn |
| 7 | FS KKR Capital | 3.48 Bn | 3.37 Bn | - | 5.12 Bn |
| 8 | Golub Capital Bdc | 3.38 Bn | 3.34 Bn | - | 3.70 Bn |
| 9 | PennantPark Floating Rate Capital | 2.47 Bn | -134.94 Mn | - | 1.02 Bn |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.02 Bn | - | 1.10 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.94 Bn |
| Mar 31, 2026 | 6.10 Bn |
| Dec 31, 2025 | 6.25 Bn |
| Sep 30, 2025 | 6.27 Bn |
| Jun 30, 2025 | 6.29 Bn |
| Mar 31, 2025 | 6.24 Bn |
| Dec 31, 2024 | 6.08 Bn |
| Sep 30, 2024 | 5.70 Bn |
| Jun 30, 2024 | 5.39 Bn |
| Mar 31, 2024 | 5.16 Bn |
| Dec 31, 2023 | 4.95 Bn |
| Sep 30, 2023 | 4.60 Bn |
| Jun 30, 2023 | 4.35 Bn |
| Mar 31, 2023 | 4.19 Bn |
| Dec 31, 2022 | 4.16 Bn |
| Sep 30, 2022 | 4.17 Bn |
| Jun 30, 2022 | 4.36 Bn |
| Mar 31, 2022 | 4.43 Bn |
| Dec 31, 2021 | 4.45 Bn |
| Sep 30, 2021 | 4.14 Bn |