Blackstone Secured Lending Fund (BXSL) FCF Payout Ratio (2021 - 2026)
Blackstone Secured Lending Fund posted quarterly FCF Payout Ratio of 0.68 for Q1 2026, up 75.39% year-on-year 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) has 6 years of FCF Payout Ratio data on file, last reported 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.
- Across five years, FCF Payout Ratio topped out at 3.19 in Q2 2022 and bottomed at 4.08 in Q1 2022.
- The 5-year median for FCF Payout Ratio is 0.2 (2024), against an average of 0.19.
- The widest annual swing landed in 2022, when FCF Payout Ratio soared 1618.99%; it then slumped 637.26% in 2023.
- A 5-year view of FCF Payout Ratio shows it stood at 0.7 in 2022, then tumbled by 242.77% to 1.0 in 2023, then jumped by 82.78% to 0.17 in 2024, then plunged by 331.32% to 0.74 in 2025, then soared 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 | 158.51 Bn | 148.89 Bn | - | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 0.37 |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 0.10 |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 2.44 |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 0.18 |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | -0.02 |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 0.34 |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | -0.45 |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 0.21 |
| 10 | Blackstone Secured Lending Fund | 5.56 Bn | 5.21 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 |