Blackstone Secured Lending Fund (BXSL) Shares Outstanding (Diluted Average) (2021 - 2026)
Blackstone Secured Lending Fund posted quarterly Shares Outstanding (Diluted Average) of $232.2 million for Q1 2026, up 2.48% year-on-year from $226.6 million in Q1 2025, and up 1.33% on a QoQ basis from $229.2 million in Q4 2025.
Blackstone Secured Lending Fund (BXSL) has 6 years of Shares Outstanding (Diluted Average) data on file, last reported at $232.2 million in Q1 2026.
- For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) rose 2.48% year-over-year to $232.2 million; the trailing twelve-month figure through Mar 2026 stood at $232.2 million (up 2.48% YoY), and the FY2025 full-year result was $229.2 million, up 13.8% from the prior year.
- Shares Outstanding (Diluted Average) for Q1 2026 stood at $232.2 million, up from $229.2 million in the prior quarter.
- Across five years, Shares Outstanding (Diluted Average) topped out at $232.2 million in Q1 2026 and bottomed at $160.5 million in Q1 2023.
- The 5-year median for Shares Outstanding (Diluted Average) is $190.6 million (2024), against an average of $191.3 million.
- The widest annual swing landed in 2022, when Shares Outstanding (Diluted Average) advanced 22.36%; it then fell 5.34% in 2023.
- A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $166.1 million in 2022, then gained by 0.93% to $167.6 million in 2023, then climbed by 20.14% to $201.4 million in 2024, then climbed by 13.8% to $229.2 million in 2025, then climbed by 1.33% to $232.2 million in 2026.
- The last three Shares Outstanding (Diluted Average) figures came in at $232.2 million (Q1 2026), $229.2 million (Q4 2025), and $230.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 786.30 Mn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 954.22 Mn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 1.62 Bn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 594.90 Mn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 282.87 Mn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | - |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 186.54 Mn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 224.03 Mn |
| 10 | Blackstone Secured Lending Fund | 5.56 Bn | 5.21 Bn | - | 232.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 232.20 Mn |
| Dec 31, 2025 | 229.16 Mn |
| Sep 30, 2025 | 230.46 Mn |
| Jun 30, 2025 | 228.19 Mn |
| Mar 31, 2025 | 226.58 Mn |
| Dec 31, 2024 | 201.37 Mn |
| Sep 30, 2024 | 196.00 Mn |
| Jun 30, 2024 | 192.25 Mn |
| Mar 31, 2024 | 190.60 Mn |
| Dec 31, 2023 | 167.62 Mn |
| Sep 30, 2023 | 163.84 Mn |
| Jun 30, 2023 | 160.79 Mn |
| Mar 31, 2023 | 160.50 Mn |
| Dec 31, 2022 | 166.07 Mn |
| Sep 30, 2022 | 167.99 Mn |
| Jun 30, 2022 | 169.43 Mn |
| Mar 31, 2022 | 169.56 Mn |
| Dec 31, 2021 | 144.51 Mn |
| Sep 30, 2021 | 137.29 Mn |