Blackstone Secured Lending Fund (BXSL) Non-Current Debt (2021 - 2026)
Blackstone Secured Lending Fund's (BXSL) quarterly Non-Current Debt came in at $8.0 billion in Q1 2026, up 8.81% YoY from $7.4 billion in Q1 2025, and down 0.57% on a QoQ basis from $8.1 billion in Q4 2025.
Blackstone Secured Lending Fund (BXSL) Non-Current Debt (2021 - 2026) Analysis & Trends
Blackstone Secured Lending Fund (BXSL) has 6 years of Non-Current Debt data on file, last reported at $8.0 billion in Q1 2026.
- Quarterly Non-Current Debt rose 8.81% year-over-year to $8.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.0 billion (up 8.81% YoY) and the FY2025 annual result came in at $8.1 billion, up 14.51% from the prior year.
- Non-Current Debt slipped to $8.0 billion in Q1 2026, from $8.1 billion in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $8.1 billion in Q4 2025 to a low of $4.9 billion in Q4 2023.
- A 5-year average of $6.3 billion and a median of $6.1 billion in 2024 frame the typical range for Non-Current Debt.
- Annual changes were most pronounced in 2023 — Non-Current Debt retreated 11.14% — and 2024, when it soared 43.65%.
- Tracing BXSL's Non-Current Debt over 5 years: stood at $5.5 billion in 2022, then retreated by 11.14% to $4.9 billion in 2023, then surged by 43.65% to $7.1 billion in 2024, then rose by 14.51% to $8.1 billion in 2025, then slipped by 0.57% to $8.0 billion in 2026.
- The last three Non-Current Debt figures came in at $8.0 billion (Q1 2026), $8.1 billion (Q4 2025), and $7.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 12.74 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 13.19 Bn |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | - |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | - |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 3.47 Bn |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 13.73 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | - |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 200.00 Mn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 8.63 Bn |
| 10 | Blackstone Secured Lending Fund | 5.75 Bn | 5.48 Bn | - | 7.54 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.54 Bn |
| Mar 31, 2026 | 8.03 Bn |
| Dec 31, 2025 | 8.08 Bn |
| Sep 30, 2025 | 7.66 Bn |
| Jun 30, 2025 | 7.09 Bn |
| Mar 31, 2025 | 7.38 Bn |
| Dec 31, 2024 | 7.06 Bn |
| Sep 30, 2024 | 6.39 Bn |
| Jun 30, 2024 | 6.08 Bn |
| Mar 31, 2024 | 5.27 Bn |
| Dec 31, 2023 | 4.91 Bn |
| Sep 30, 2023 | 4.96 Bn |
| Jun 30, 2023 | 4.98 Bn |
| Mar 31, 2023 | 5.45 Bn |
| Dec 31, 2022 | 5.53 Bn |
| Sep 30, 2022 | 5.51 Bn |
| Dec 31, 2021 | 5.50 Bn |