Blackstone Secured Lending Fund (BXSL) Enterprise Value (2021 - 2026)
Blackstone Secured Lending Fund's (BXSL) quarterly Enterprise Value came in at -$351.3 million in Q1 2026, up 63.6% YoY from -$214.7 million in Q1 2025, and down 21.29% on a QoQ basis from -$289.6 million in Q4 2025.
Blackstone Secured Lending Fund (BXSL) Enterprise Value (2021 - 2026) Analysis & Trends
Blackstone Secured Lending Fund (BXSL) has 6 years of Enterprise Value data on file, last reported at -$351.3 million in 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 declined to -$351.3 million in Q1 2026, from -$289.6 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$103.0 million in Q1 2023 to a low of -$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 plunged 553.55% — and 2026, when it soared 63.6%.
- Tracing BXSL's Enterprise Value over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | -13.64 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | -1.14 Bn |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | -277.07 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | -47.40 Bn |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | -265.00 Mn |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | -4.90 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | - |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | -11.05 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | - |
| 10 | Blackstone Secured Lending Fund | 5.75 Bn | 5.48 Bn | - | -267.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -267.16 Mn |
| 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 |