Blackstone Secured Lending Fund (BXSL) Interest Coverage Ratio (2021 - 2026)

Blackstone Secured Lending Fund (BXSL) reported Interest Coverage Ratio of 1.83 for Q1 2026, down 11.97% on a YoY basis from 2.08 in Q1 2025, and down 2.05% quarter-over-quarter from 1.87 in Q4 2025.

Blackstone Secured Lending Fund (BXSL) Interest Coverage Ratio (2021 - 2026) Analysis & Trends

Blackstone Secured Lending Fund has reported Interest Coverage Ratio for 6 years, with the latest figure at 1.83 in Q1 2026.

  • For the quarter ending Q1 2026, Interest Coverage Ratio fell 11.97% year-over-year to 1.83; the trailing twelve-month figure through Mar 2026 stood at 1.92 (down 9.35% YoY), and the FY2025 full-year result was 1.98, down 10.53% from the prior year.
  • Interest Coverage Ratio for Q1 2026 stood at 1.83, down from 1.87 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 2.67 in Q2 2023, with the low at 1.83 in Q1 2026.
  • Historically, Interest Coverage Ratio has averaged 2.26 across 5 years, with a median of 2.27 in 2023.
  • Annual changes were most pronounced in 2023 — Interest Coverage Ratio increased 14.25% — and 2024, when it decreased 21.93%.
  • Blackstone Secured Lending Fund's Interest Coverage Ratio stood at 2.29 in 2022, then advanced by 13.16% to 2.59 in 2023, then declined by 21.93% to 2.02 in 2024, then fell by 7.64% to 1.87 in 2025, then decreased by 2.05% to 1.83 in 2026.
  • The last three Interest Coverage Ratio figures came in at 1.83 (Q1 2026), 1.87 (Q4 2025), and 2.05 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 21.00
2 Blackstone 96.85 Bn 95.80 Bn - 11.62
3 Kkr 86.45 Bn 133.96 Bn - 552.52
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 1.03
5 State Street 46.95 Bn 21.27 Bn - 1.53
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 6.35
7 Northern Trust 31.92 Bn 31.92 Bn - 1.44
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - 7.16
10 Blackstone Secured Lending Fund 5.48 Bn 5.13 Bn - 1.83

Historic Data

Download Data
DateValue
Mar 31, 2026 1.83
Dec 31, 2025 1.87
Sep 30, 2025 2.05
Jun 30, 2025 1.95
Mar 31, 2025 2.08
Dec 31, 2024 2.02
Sep 30, 2024 2.15
Jun 30, 2024 2.24
Mar 31, 2024 2.54
Dec 31, 2023 2.59
Sep 30, 2023 2.54
Jun 30, 2023 2.67
Mar 31, 2023 2.27
Dec 31, 2022 2.29
Sep 30, 2022 2.39
Jun 30, 2022 2.33
Mar 31, 2022 2.58
Dec 31, 2021 2.82
Sep 30, 2021 2.93