Growth Metrics

Blackstone Secured Lending Fund (BXSL) Free Cash Flow (2021 - 2026)

Blackstone Secured Lending Fund posted quarterly Free Cash Flow of $249.3 million for Q1 2026, down 41.3% year-on-year from $424.7 million in Q1 2025, and up 208.53% on a QoQ basis from -$229.7 million in Q4 2025.

Blackstone Secured Lending Fund (BXSL) has 6 years of Free Cash Flow data on file, last reported at $249.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow fell 41.3% year-over-year to $249.3 million; the trailing twelve-month figure through Mar 2026 stood at -$634.1 million (up 62.84% YoY), and the FY2025 full-year result was -$458.7 million, up 81.84% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $249.3 million, up from -$229.7 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $521.3 million in Q2 2023 and bottomed at -$903.9 million in Q4 2024.
  • The 5-year median for Free Cash Flow is -$90.4 million (2023), against an average of -$94.3 million.
  • The widest annual swing landed in 2023, when Free Cash Flow soared 1334.72%; it then tumbled 606.45% in 2024.
  • A 5-year view of Free Cash Flow shows it stood at $167.8 million in 2022, then slumped by 176.24% to -$127.9 million in 2023, then sank by 606.45% to -$903.9 million in 2024, then soared by 74.59% to -$229.7 million in 2025, then jumped by 208.53% to $249.3 million in 2026.
  • The last three Free Cash Flow figures came in at $249.3 million (Q1 2026), -$229.7 million (Q4 2025), and -$432.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -1.09 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 957.64 Mn
3 Kkr 84.94 Bn 132.45 Bn - 1.72 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 332.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 1.62 Bn
6 State Street 44.42 Bn 18.75 Bn - -12.41 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 430.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - -329.40 Mn
9 Ares Management 28.85 Bn 32.22 Bn - 390.87 Mn
10 Blackstone Secured Lending Fund 5.56 Bn 5.21 Bn - 249.26 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 249.26 Mn
Mar 31, 2026 249.26 Mn
Dec 31, 2025 -229.66 Mn
Dec 31, 2025 -229.66 Mn
Sep 30, 2025 -432.60 Mn
Sep 30, 2025 -432.60 Mn
Jun 30, 2025 -221.06 Mn
Jun 30, 2025 -221.06 Mn
Mar 31, 2025 424.66 Mn
Mar 31, 2025 424.66 Mn
Dec 31, 2024 -903.87 Mn
Dec 31, 2024 -903.87 Mn
Sep 30, 2024 -517.72 Mn
Sep 30, 2024 -517.72 Mn
Jun 30, 2024 -709.18 Mn
Jun 30, 2024 -709.18 Mn
Mar 31, 2024 -395.53 Mn
Mar 31, 2024 -395.53 Mn
Dec 31, 2023 -127.95 Mn
Dec 31, 2023 -127.95 Mn
Sep 30, 2023 -90.38 Mn
Sep 30, 2023 -90.38 Mn
Jun 30, 2023 521.28 Mn
Jun 30, 2023 521.28 Mn
Mar 31, 2023 155.86 Mn
Mar 31, 2023 155.86 Mn
Dec 31, 2022 167.82 Mn
Dec 31, 2022 167.82 Mn
Sep 30, 2022 487.97 Mn
Sep 30, 2022 487.97 Mn
Jun 30, 2022 36.33 Mn
Jun 30, 2022 36.33 Mn
Mar 31, 2022 -19.17 Mn
Mar 31, 2022 -19.17 Mn
Dec 31, 2021 -1.39 Bn
Dec 31, 2021 -1.39 Bn