Blackstone Secured Lending Fund (BXSL) Debt Ratio (2021 - 2026)

Blackstone Secured Lending Fund (BXSL) posted Debt Ratio of 0.56 for Q1 2026, up 0.94% on a QoQ basis from 0.55 in Q4 2025, and up 5.29% year-over-year from 0.53 in Q1 2025.

Blackstone Secured Lending Fund (BXSL) Debt Ratio (2021 - 2026) Analysis & Trends

Blackstone Secured Lending Fund's Debt Ratio history runs 6 years deep, the most recent figure standing at 0.56 for Q1 2026.

  • Quarterly Debt Ratio rose 5.29% year-over-year to 0.56 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.56 (up 5.29% YoY) and the FY2025 annual result came in at 0.55, up 5.26% from the prior year.
  • Debt Ratio was 0.56 for Q1 2026 at Blackstone Secured Lending Fund, up from 0.55 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.56 in Q4 2022 and bottomed at 0.48 in Q4 2023.
  • A 5-year average of 0.53 and a median of 0.52 in 2024 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2023 — Debt Ratio declined 13.12% — and 2024, when it grew 8.06%.
  • Blackstone Secured Lending Fund's Debt Ratio stood at 0.56 in 2022, then retreated by 13.12% to 0.48 in 2023, then rose by 8.06% to 0.52 in 2024, then increased by 5.26% to 0.55 in 2025, then advanced by 0.94% to 0.56 in 2026.
  • Business Quant data shows BXSL's Debt Ratio at 0.56 in Q1 2026, 0.55 in Q4 2025, and 0.54 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - 0.12
3 Blackstone 97.77 Bn 96.72 Bn - 0.27
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 0.03
5 State Street 51.30 Bn 51.30 Bn - -
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 0.00
7 Northern Trust 32.93 Bn 32.93 Bn - 0.04
8 Raymond James Financial 32.59 Bn 17.67 Bn - 0.05
9 Price T Rowe 24.70 Bn 21.13 Bn - -
10 Blackstone Secured Lending Fund 5.37 Bn 5.02 Bn - 0.56

Historic Data

Download Data
DateValue
Mar 31, 2026 0.56
Dec 31, 2025 0.55
Sep 30, 2025 0.54
Jun 30, 2025 0.52
Mar 31, 2025 0.53
Dec 31, 2024 0.52
Sep 30, 2024 0.52
Jun 30, 2024 0.52
Mar 31, 2024 0.49
Dec 31, 2023 0.48
Sep 30, 2023 0.51
Jun 30, 2023 0.52
Mar 31, 2023 0.55
Dec 31, 2022 0.56
Sep 30, 2022 0.56
Dec 31, 2021 0.54