Blackstone Secured Lending Fund (BXSL) FCF Payout Ratio (2021 - 2026)
Blackstone Secured Lending Fund's (BXSL) quarterly FCF Payout Ratio came in at 0.68 in Q1 2026, up 75.39% YoY from 0.39 in Q1 2025, and up 191.99% on a QoQ basis from 0.74 in Q4 2025.
Blackstone Secured Lending Fund (BXSL) FCF Payout Ratio (2021 - 2026) Analysis & Trends
Blackstone Secured Lending Fund (BXSL) has 6 years of FCF Payout Ratio data on file, last reported at 0.68 in Q1 2026.
- Quarterly FCF Payout Ratio rose 75.39% year-over-year to 0.68 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.08 (down 200.46% YoY) and the FY2025 annual result came in at 1.48, down 540.15% from the prior year.
- FCF Payout Ratio improved to 0.68 in Q1 2026, from 0.74 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 3.19 in Q2 2022 to a low of 4.08 in Q1 2022.
- A 5-year average of 0.19 and a median of 0.2 in 2024 frame the typical range for FCF Payout Ratio.
- Annual changes were most pronounced in 2022 — FCF Payout Ratio soared 1618.99% — and 2023, when it plunged 637.26%.
- Tracing BXSL's FCF Payout Ratio over 5 years: stood at 0.7 in 2022, then plunged by 242.77% to 1.0 in 2023, then soared by 82.78% to 0.17 in 2024, then sank by 331.32% to 0.74 in 2025, then surged by 191.99% to 0.68 in 2026.
- The last three FCF Payout Ratio figures came in at 0.68 (Q1 2026), 0.74 (Q4 2025), and 0.4 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 0.83 |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 0.80 |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 0.05 |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 1.50 |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 0.11 |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | -0.10 |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 0.05 |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | -0.34 |
| 10 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - | 0.30 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.30 |
| Mar 31, 2026 | 0.68 |
| Dec 31, 2025 | -0.74 |
| Sep 30, 2025 | -0.40 |
| Jun 30, 2025 | -0.77 |
| Mar 31, 2025 | 0.39 |
| Dec 31, 2024 | -0.17 |
| Sep 30, 2024 | -0.29 |
| Jun 30, 2024 | -0.20 |
| Mar 31, 2024 | -0.35 |
| Dec 31, 2023 | -1.00 |
| Sep 30, 2023 | -1.23 |
| Jun 30, 2023 | 0.21 |
| Mar 31, 2023 | 0.59 |
| Dec 31, 2022 | 0.70 |
| Sep 30, 2022 | 0.23 |
| Jun 30, 2022 | 3.19 |
| Mar 31, 2022 | -4.08 |
| Dec 31, 2021 | -0.05 |