Blackstone Secured Lending Fund (BXSL) FCF Payout Ratio (2021 - 2026)
Blackstone Secured Lending Fund (BXSL) posted FCF Payout Ratio of 0.68 for Q1 2026, up 191.99% on a QoQ basis from 0.74 in Q4 2025, and up 75.39% year-over-year from 0.39 in Q1 2025.
Blackstone Secured Lending Fund (BXSL) FCF Payout Ratio (2021 - 2026) Analysis & Trends
Blackstone Secured Lending Fund's FCF Payout Ratio history runs 6 years deep, the most recent figure standing at 0.68 for 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 was 0.68 for Q1 2026 at Blackstone Secured Lending Fund, 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.
- 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 tumbled 637.26%.
- Blackstone Secured Lending Fund's FCF Payout Ratio stood at 0.7 in 2022, then slumped by 242.77% to 1.0 in 2023, then surged by 82.78% to 0.17 in 2024, then tumbled by 331.32% to 0.74 in 2025, then jumped by 191.99% to 0.68 in 2026.
- Business Quant data shows BXSL's FCF Payout Ratio at 0.68 in Q1 2026, 0.74 in Q4 2025, and 0.4 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | -0.90 |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 2.00 |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 0.19 |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | -0.02 |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 0.34 |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | -0.45 |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 0.10 |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 0.38 |
| 10 | Blackstone Secured Lending Fund | 5.37 Bn | 5.02 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 |