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| Date | Value |
|---|---|
| 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 |