Blackstone Secured Lending Fund BXSL
NYSE BXSL
$23.91 -0.07 (-0.28%)
At close: Oct 1, 2026 · 4:00 PM EDT

Blackstone Secured Lending Fund (BXSL) Operating Expenses (2021 - 2024)

Updated

Blackstone Secured Lending Fund (BXSL) posted Operating Expenses of $662.91 million for FY2025, up 9.6% from $604.78 million in FY2024.

Analysis

Blackstone Secured Lending Fund (BXSL) Operating Expenses (2021 - 2024) Analysis & Trends

Since FY2020, Blackstone Secured Lending Fund has reported Operating Expenses for 6 years.

  • Annual Operating Expenses has increased for five consecutive years, with a five-year compound annual growth rate of 34.7% (FY2020 to FY2025).
  • The FY2025 figure stands as the highest annual Operating Expenses in data going back to FY2020.
  • Business Quant data shows BXSL's Operating Expenses at $604.78 million in FY2024 (+27.9%), $472.82 million in FY2023 (+29.5%), $365.13 million in FY2022 (+34.9%) and $270.59 million in FY2021 (+80.9%).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Rocket Companies 43.26 Bn 28.94 Bn - 2.50 Bn
2 Orix 42.40 Bn 42.90 Bn - 4.66 Bn
3 Royalty Pharma 33.56 Bn 33.47 Bn - 541.02 Mn
4 Federal National Mortgage Association Fannie Mae 24.47 Bn 24.47 Bn - 2.07 Bn
5 Affirm Holdings 23.34 Bn 17.03 Bn - 1.02 Bn
6 Synchrony Financial 23.06 Bn -44.91 Bn - 1.33 Bn
7 Royal Gold 19.98 Bn 19.21 Bn 390.45 Mn 173.18 Mn
8 Annaly Capital Management 14.18 Bn 5.27 Bn - 58.19 Mn
9 Ares Capital 13.71 Bn 11.15 Bn - -
10 Blackstone Secured Lending Fund 5.59 Bn 4.44 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2024 166.09 Mn
Sep 30, 2024 153.39 Mn
Jun 30, 2024 150.55 Mn
Mar 31, 2024 134.76 Mn
Dec 31, 2023 127.60 Mn
Sep 30, 2023 118.18 Mn
Jun 30, 2023 113.90 Mn
Mar 31, 2023 113.14 Mn
Dec 31, 2022 107.25 Mn
Sep 30, 2022 94.65 Mn
Jun 30, 2022 81.73 Mn
Mar 31, 2022 81.51 Mn
Dec 31, 2021 80.98 Mn
Sep 30, 2021 70.85 Mn
API Access

Blackstone Secured Lending Fund Operating Expenses API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=operating-expenses&ticker=BXSL&period=max&api_key=YOUR_API_KEY