Blackstone Secured Lending Fund BXSL
NYSE BXSL
$24.42 -0.07 (-0.29%)
As of: Sep 9, 2026 · 3:59 PM EDT

Blackstone Secured Lending Fund (BXSL) EV to EBITDA (2021 - 2026)

Blackstone Secured Lending Fund's (BXSL) quarterly EV to EBITDA came in at 29.46 in Q2 2026, down 22.17% on a YoY basis from 37.84 in Q2 2025, and up 4.64% quarter-over-quarter from 28.15 in Q1 2026.

Analysis

Blackstone Secured Lending Fund (BXSL) EV to EBITDA (2021 - 2026) Analysis & Trends

Blackstone Secured Lending Fund (BXSL) has reported EV to EBITDA for 6 consecutive years, with 29.46 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EV to EBITDA fell 22.17% year-over-year to 29.46; the trailing twelve-month figure through Jun 2026 stood at 7.05 (down 22.35% YoY), and the FY2025 full-year result was 7.7, down 19.92% from the prior year.
  • EV to EBITDA climbed to 29.46 in Q2 2026 per BXSL's latest filing, from 28.15 in the prior quarter.
  • Across five years, EV to EBITDA topped out at 45.45 in Q1 2022 and bottomed at 24.03 in Q4 2022.
  • Historically, EV to EBITDA has averaged 31.41 across 5 years, with a median of 30.23 in 2025.
  • The sharpest annual moves came in 2022 and 2024: EV to EBITDA tumbled 52.78% in 2022, then jumped 34.1% in 2024.
  • Over 5 years, EV to EBITDA stood at 24.03 in 2022, then climbed by 17.3% to 28.19 in 2023, then jumped by 31.94% to 37.2 in 2024, then declined by 17.53% to 30.67 in 2025, then dropped by 3.97% to 29.46 in 2026.
  • According to Business Quant data, EV to EBITDA over the past three periods registered 29.46, 28.15, and 30.67 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ares Capital 14.39 Bn 14.01 Bn -
2 Blackstone Secured Lending Fund 5.76 Bn 5.49 Bn -
3 Blue Owl Capital 5.62 Bn 5.38 Bn -
4 Main Street Capital 5.39 Bn 5.33 Bn -
5 Blue Owl Technology Finance 5.20 Bn 4.99 Bn -
6 Hercules Capital 4.68 Bn 4.64 Bn -
7 FS KKR Capital 3.48 Bn 3.37 Bn -
8 Golub Capital Bdc 3.38 Bn 3.34 Bn -
9 PennantPark Floating Rate Capital 2.47 Bn -134.94 Mn -
10 MidCap Financial Investment 2.07 Bn 2.02 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 29.46
Mar 31, 2026 28.15
Dec 31, 2025 30.67
Sep 30, 2025 29.79
Jun 30, 2025 37.84
Mar 31, 2025 33.20
Dec 31, 2024 37.20
Sep 30, 2024 31.23
Jun 30, 2024 32.76
Mar 31, 2024 34.45
Dec 31, 2023 28.19
Sep 30, 2023 27.75
Jun 30, 2023 24.81
Mar 31, 2023 25.69
Dec 31, 2022 24.03
Sep 30, 2022 26.85
Jun 30, 2022 37.78
Mar 31, 2022 45.45
Dec 31, 2021 50.90