Blackstone Secured Lending Fund (BXSL) FCF Payout Ratio (2021 - 2026)
Blackstone Secured Lending Fund (BXSL) reported FCF Payout Ratio of 0.68 for Q1 2026, up 75.39% on a YoY basis from 0.39 in Q1 2025, and up 191.99% quarter-over-quarter from 0.74 in Q4 2025.
Blackstone Secured Lending Fund (BXSL) FCF Payout Ratio (2021 - 2026) Analysis & Trends
Blackstone Secured Lending Fund has reported FCF Payout Ratio for 6 years, with the latest figure at 0.68 in Q1 2026.
- For the quarter ending Q1 2026, FCF Payout Ratio rose 75.39% year-over-year to 0.68; the trailing twelve-month figure through Mar 2026 stood at 1.08 (down 200.46% YoY), and the FY2025 full-year result was 1.48, down 540.15% from the prior year.
- FCF Payout Ratio for Q1 2026 stood at 0.68, up from 0.74 in the prior quarter.
- The five-year high for FCF Payout Ratio was 3.19 in Q2 2022, with the low at 4.08 in Q1 2022.
- Historically, FCF Payout Ratio has averaged 0.19 across 5 years, with a median of 0.2 in 2024.
- Annual changes were most pronounced in 2022 — FCF Payout Ratio soared 1618.99% — and 2023, when it plunged 637.26%.
- Blackstone Secured Lending Fund's FCF Payout Ratio 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | - |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 0.37 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 0.10 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 0.18 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | -0.02 |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 0.34 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | -0.45 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 0.10 |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 0.21 |
| 10 | Blackstone Secured Lending Fund | 5.48 Bn | 5.13 Bn | - | 0.68 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |