Growth Metrics

Blackstone Secured Lending Fund (BXSL) Tax Rate (2021 - 2026)

Blackstone Secured Lending Fund posted quarterly Tax Rate of 4.95% for Q1 2026, up 75.0% year-on-year from 2.83% in Q1 2025, and up 11.53% on a QoQ basis from 4.44% in Q4 2025.

Blackstone Secured Lending Fund (BXSL) has 6 years of Tax Rate data on file, last reported at 4.95% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 75.0% year-over-year to 4.95%; the trailing twelve-month figure through Mar 2026 stood at 4.49% (up 59.0% YoY), and the FY2025 full-year result was 4.3%, up 64.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 4.95%, up from 4.44% in the prior quarter.
  • Across five years, Tax Rate topped out at 4.97% in Q3 2023 and bottomed at 0.02% in Q4 2022.
  • The 5-year median for Tax Rate is 4.03% (2024), against an average of 3.7%.
  • The widest annual swing landed in 2023, when Tax Rate surged 386 bps; it then sank 111 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 0.02% in 2022, then jumped by 22305 bps to 3.88% in 2023, then climbed by 4 bps to 4.03% in 2024, then advanced by 10 bps to 4.44% in 2025, then rose by 12 bps to 4.95% in 2026.
  • The last three Tax Rate figures came in at 4.95% (Q1 2026), 4.44% (Q4 2025), and 4.27% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 18.16
2 Blackstone 92.68 Bn 91.63 Bn - 13.55
3 Kkr 84.94 Bn 132.45 Bn - 40.05
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 15.80
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 598.59
6 State Street 44.42 Bn 18.75 Bn - 21.16
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 20.02
8 Northern Trust 31.21 Bn 31.21 Bn - 24.99
9 Ares Management 28.85 Bn 32.22 Bn - 19.13
10 Blackstone Secured Lending Fund 5.56 Bn 5.21 Bn - 4.95

Historic Data

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DateValue
Mar 31, 2026 4.95
Mar 31, 2026 4.95
Dec 31, 2025 4.44
Dec 31, 2025 4.44
Sep 30, 2025 4.27
Sep 30, 2025 4.27
Jun 30, 2025 4.34
Jun 30, 2025 4.34
Mar 31, 2025 4.20
Mar 31, 2025 4.20
Dec 31, 2024 4.03
Dec 31, 2024 4.03
Sep 30, 2024 3.86
Sep 30, 2024 3.86
Jun 30, 2024 3.48
Jun 30, 2024 3.48
Mar 31, 2024 3.32
Mar 31, 2024 3.32
Dec 31, 2023 3.88
Dec 31, 2023 3.88
Sep 30, 2023 4.97
Sep 30, 2023 4.97
Jun 30, 2023 4.51
Jun 30, 2023 4.51
Mar 31, 2023 3.08
Mar 31, 2023 3.08
Dec 31, 2022 0.02
Dec 31, 2022 0.02
Mar 31, 2022 2.19
Mar 31, 2022 2.19
Dec 31, 2021 0.70
Dec 31, 2021 0.70
Sep 30, 2021 3.48
Sep 30, 2021 3.48