Blackstone Secured Lending Fund (BXSL) EBIT Margin (2021 - 2026)
Blackstone Secured Lending Fund posted quarterly EBIT Margin of 56.23% for Q1 2026, up 229.0% year-on-year from 17.09% in Q1 2025, and up 6.08% on a QoQ basis from 53.01% in Q4 2025.
Blackstone Secured Lending Fund (BXSL) has 6 years of EBIT Margin data on file, last reported at 56.23% in Q1 2026.
- For the quarter ending Q1 2026, EBIT Margin rose 229.0% year-over-year to 56.23%; the trailing twelve-month figure through Mar 2026 stood at 53.8% (down 22.0% YoY), and the FY2025 full-year result was 53.28%, down 114.0% from the prior year.
- EBIT Margin for Q1 2026 stood at 56.23%, up from 53.01% in the prior quarter.
- Across five years, EBIT Margin topped out at 60.77% in Q2 2023 and bottomed at 52.12% in Q2 2025.
- The 5-year median for EBIT Margin is 56.08% (2022), against an average of 56.0%.
- The widest annual swing landed in 2023, when EBIT Margin soared 448 bps; it then slumped 680 bps in 2024.
- A 5-year view of EBIT Margin shows it stood at 57.26% in 2022, then increased by 1 bps to 58.06% in 2023, then declined by 9 bps to 52.9% in 2024, then increased by 0 bps to 53.01% in 2025, then advanced by 6 bps to 56.23% in 2026.
- The last three EBIT Margin figures came in at 56.23% (Q1 2026), 53.01% (Q4 2025), and 54.02% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 42.01% |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 44.01% |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 46.06% |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 54.78% |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 1.56% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 73.37% |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 18.44% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 170.02% |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 26.04% |
| 10 | Blackstone Secured Lending Fund | 5.56 Bn | 5.21 Bn | - | 56.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 56.23% |
| Dec 31, 2025 | 53.01% |
| Sep 30, 2025 | 54.02% |
| Jun 30, 2025 | 52.12% |
| Mar 31, 2025 | 53.94% |
| Dec 31, 2024 | 52.90% |
| Sep 30, 2024 | 55.31% |
| Jun 30, 2024 | 53.97% |
| Mar 31, 2024 | 55.66% |
| Dec 31, 2023 | 58.06% |
| Sep 30, 2023 | 58.38% |
| Jun 30, 2023 | 60.77% |
| Mar 31, 2023 | 59.71% |
| Dec 31, 2022 | 57.26% |
| Sep 30, 2022 | 58.27% |
| Jun 30, 2022 | 56.29% |
| Mar 31, 2022 | 56.08% |
| Dec 31, 2021 | 62.44% |
| Sep 30, 2021 | 58.05% |