Blackstone Secured Lending Fund (BXSL) Enterprise Value (2021 - 2026)

Blackstone Secured Lending Fund (BXSL) posted Enterprise Value of -$351.3 million for Q1 2026, down 21.29% on a QoQ basis from -$289.6 million in Q4 2025, and up 63.6% year-over-year from -$214.7 million in Q1 2025.

Blackstone Secured Lending Fund (BXSL) Enterprise Value (2021 - 2026) Analysis & Trends

Blackstone Secured Lending Fund's Enterprise Value history runs 6 years deep, the most recent figure standing at -$351.3 million for Q1 2026.

  • Quarterly Enterprise Value rose 63.6% year-over-year to -$351.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$351.3 million (up 63.6% YoY) and the FY2025 annual result came in at -$289.6 million, down 26.13% from the prior year.
  • Enterprise Value was -$351.3 million for Q1 2026 at Blackstone Secured Lending Fund, down from -$289.6 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$103.0 million in Q1 2023 and bottomed at -$965.0 million in Q1 2025.
  • A 5-year average of -$253.7 million and a median of -$194.2 million in 2024 frame the typical range for Enterprise Value.
  • Annual changes were most pronounced in 2025 — Enterprise Value tumbled 553.55% — and 2026, when it soared 63.6%.
  • Blackstone Secured Lending Fund's Enterprise Value stood at -$131.3 million in 2022, then declined by 17.97% to -$154.9 million in 2023, then sank by 48.27% to -$229.6 million in 2024, then dropped by 26.13% to -$289.6 million in 2025, then dropped by 21.29% to -$351.3 million in 2026.
  • Business Quant data shows BXSL's Enterprise Value at -$351.3 million in Q1 2026, -$289.6 million in Q4 2025, and -$249.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn 74.60 Bn
2 BlackRock 161.01 Bn 148.08 Bn - -12.93 Bn
3 Blackstone 97.77 Bn 96.72 Bn - -1.05 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 19.58 Bn
5 State Street 51.30 Bn 51.30 Bn - -
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn -9.27 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - -
8 Raymond James Financial 32.59 Bn 17.67 Bn - -14.92 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - -3.57 Bn
10 Blackstone Secured Lending Fund 5.37 Bn 5.02 Bn - -351.28 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -351.28 Mn
Dec 31, 2025 -289.61 Mn
Sep 30, 2025 -249.89 Mn
Jun 30, 2025 -273.68 Mn
Mar 31, 2025 -965.01 Mn
Dec 31, 2024 -229.61 Mn
Sep 30, 2024 -194.18 Mn
Jun 30, 2024 -291.29 Mn
Mar 31, 2024 -147.66 Mn
Dec 31, 2023 -154.86 Mn
Sep 30, 2023 -145.78 Mn
Jun 30, 2023 -147.38 Mn
Mar 31, 2023 -103.03 Mn
Dec 31, 2022 -131.27 Mn
Sep 30, 2022 -131.19 Mn
Dec 31, 2021 -102.88 Mn