Blackstone Secured Lending Fund (BXSL) Debt Ratio (2021 - 2026)
Blackstone Secured Lending Fund's (BXSL) quarterly Debt Ratio came in at 0.56 in Q1 2026, up 5.29% YoY from 0.53 in Q1 2025, and up 0.94% on a QoQ basis from 0.55 in Q4 2025.
Blackstone Secured Lending Fund (BXSL) Debt Ratio (2021 - 2026) Analysis & Trends
Blackstone Secured Lending Fund (BXSL) has 6 years of Debt Ratio data on file, last reported at 0.56 in 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 improved to 0.56 in Q1 2026, from 0.55 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.56 in Q4 2022 to a low of 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 decreased 13.12% — and 2024, when it gained 8.06%.
- Tracing BXSL's Debt Ratio over 5 years: stood at 0.56 in 2022, then declined by 13.12% to 0.48 in 2023, then grew by 8.06% to 0.52 in 2024, then climbed by 5.26% to 0.55 in 2025, then rose by 0.94% to 0.56 in 2026.
- The last three Debt Ratio figures came in at 0.56 (Q1 2026), 0.55 (Q4 2025), and 0.54 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 0.12 |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 0.26 |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | - |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 0.03 |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 0.17 |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 0.03 |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | - |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 0.00 |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 0.05 |
| 10 | Blackstone Secured Lending Fund | 5.75 Bn | 5.48 Bn | - | 0.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.55 |
| 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 |