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

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

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

Blackstone Secured Lending Fund has reported Enterprise Value for 6 years, with the latest figure at -$351.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Enterprise Value rose 63.6% year-over-year to -$351.3 million; the trailing twelve-month figure through Mar 2026 stood at -$351.3 million (up 63.6% YoY), and the FY2025 full-year result was -$289.6 million, down 26.13% from the prior year.
  • Enterprise Value for Q1 2026 stood at -$351.3 million, down from -$289.6 million in the prior quarter.
  • The five-year high for Enterprise Value was -$103.0 million in Q1 2023, with the low at -$965.0 million in Q1 2025.
  • Historically, Enterprise Value has averaged -$254.7 million across 5 years, with a median of -$207.3 million in 2024.
  • Annual changes were most pronounced in 2025 — Enterprise Value plunged 553.55% — and 2026, when it soared 63.6%.
  • Blackstone Secured Lending Fund's Enterprise Value stood at -$131.3 million in 2022, then slipped by 17.97% to -$154.9 million in 2023, then tumbled by 48.27% to -$229.6 million in 2024, then decreased by 26.13% to -$289.6 million in 2025, then decreased by 21.29% to -$351.3 million in 2026.
  • The last three Enterprise Value figures came in at -$351.3 million (Q1 2026), -$289.6 million (Q4 2025), and -$249.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - -9.62 Bn
2 Blackstone 96.85 Bn 95.80 Bn - -1.05 Bn
3 Kkr 86.45 Bn 133.96 Bn - 47.51 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 18.73 Bn
5 State Street 46.95 Bn 21.27 Bn - -8.49 Bn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn -128.00 Mn
7 Northern Trust 31.92 Bn 31.92 Bn - -
8 Raymond James Financial 30.62 Bn 19.37 Bn - -11.25 Bn
9 Ares Management 29.04 Bn 32.41 Bn - 3.37 Bn
10 Blackstone Secured Lending Fund 5.48 Bn 5.13 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 -207.35 Mn
Jun 30, 2024 -293.31 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