Blackstone Secured Lending Fund BXSL
NYSE BXSL
$24.42 -0.07 (-0.29%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Blackstone Secured Lending Fund's (BXSL) quarterly Interest Coverage Ratio came in at 1.76 in Q2 2026, down 9.45% on a YoY basis from 1.95 in Q2 2025, and down 3.49% quarter-over-quarter from 1.83 in Q1 2026.

Analysis

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

Blackstone Secured Lending Fund (BXSL) has reported Interest Coverage Ratio for 6 consecutive years, with 1.76 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Interest Coverage Ratio fell 9.45% year-over-year to 1.76; the trailing twelve-month figure through Jun 2026 stood at 1.87 (down 8.54% YoY), and the FY2025 full-year result was 1.98, down 10.53% from the prior year.
  • Interest Coverage Ratio retreated to 1.76 in Q2 2026 per BXSL's latest filing, from 1.83 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 2.67 in Q2 2023 and bottomed at 1.76 in Q2 2026.
  • Historically, Interest Coverage Ratio has averaged 2.23 across 5 years, with a median of 2.26 in 2023.
  • The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio rose 14.25% in 2023, then slipped 21.93% in 2024.
  • Over 5 years, Interest Coverage Ratio stood at 2.29 in 2022, then grew by 13.16% to 2.59 in 2023, then retreated by 21.93% to 2.02 in 2024, then decreased by 7.64% to 1.87 in 2025, then decreased by 5.48% to 1.76 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.76, 1.83, and 1.87 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Ares Capital 14.12 Bn 13.73 Bn - 1.71
2 Blackstone Secured Lending Fund 5.69 Bn 5.42 Bn - 1.76
3 Blue Owl Capital 5.52 Bn 5.28 Bn - 1.44
4 Main Street Capital 5.26 Bn 5.20 Bn - 2.56
5 Blue Owl Technology Finance 5.05 Bn 4.84 Bn - 1.28
6 Hercules Capital 4.64 Bn 4.59 Bn - 2.98
7 FS KKR Capital 3.37 Bn 3.27 Bn - -
8 Golub Capital Bdc 3.34 Bn 3.30 Bn - 1.40
9 PennantPark Floating Rate Capital 2.48 Bn -129.09 Mn - 0.23
10 MidCap Financial Investment 2.07 Bn 2.03 Bn - 1.21
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.76
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