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

Blackstone Secured Lending Fund (BXSL) posted Tax Rate of 6.48% for Q1 2026, up 19.41% on a QoQ basis from 5.43% in Q4 2025, and up 197.0% year-over-year from 2.18% in Q1 2025.

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

Blackstone Secured Lending Fund's Tax Rate history runs 6 years deep, the most recent figure standing at 6.48% for Q1 2026.

  • Quarterly Tax Rate rose 197.0% year-over-year to 6.48% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.35% (up 100.0% YoY) and the FY2025 annual result came in at 4.49%, up 69.0% from the prior year.
  • Tax Rate was 6.48% for Q1 2026 at Blackstone Secured Lending Fund, up from 5.43% in the prior quarter.
  • Across five years, Tax Rate topped out at 6.48% in Q1 2026 and bottomed at 3.28% in Q4 2023.
  • A 5-year average of 4.58% and a median of 4.64% in 2023 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2024 — Tax Rate tumbled 127 bps — and 2026, when it soared 197 bps.
  • Blackstone Secured Lending Fund's Tax Rate stood at 3.39% in 2022, then declined by 3 bps to 3.28% in 2023, then jumped by 46 bps to 4.8% in 2024, then grew by 13 bps to 5.43% in 2025, then gained by 19 bps to 6.48% in 2026.
  • Business Quant data shows BXSL's Tax Rate at 6.48% in Q1 2026, 5.43% in Q4 2025, and 5.23% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -1.22%
2 BlackRock 161.01 Bn 148.08 Bn - 18.16%
3 Blackstone 97.77 Bn 96.72 Bn - 13.55%
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 598.59%
5 State Street 51.30 Bn 51.30 Bn - 21.16%
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 20.02%
7 Northern Trust 32.93 Bn 32.93 Bn - 24.99%
8 Raymond James Financial 32.59 Bn 17.67 Bn - 25.99%
9 Price T Rowe 24.70 Bn 21.13 Bn - 23.43%
10 Blackstone Secured Lending Fund 5.37 Bn 5.02 Bn - 6.48%

Historic Data

Download Data
DateValue
Mar 31, 2026 6.48%
Mar 31, 2026 6.48%
Mar 31, 2026 6.48%
Dec 31, 2025 5.43%
Dec 31, 2025 5.43%
Dec 31, 2025 5.43%
Sep 30, 2025 5.23%
Sep 30, 2025 5.23%
Sep 30, 2025 5.23%
Jun 30, 2025 4.54%
Jun 30, 2025 4.54%
Jun 30, 2025 4.54%
Mar 31, 2025 4.51%
Mar 31, 2025 4.51%
Mar 31, 2025 4.51%
Dec 31, 2024 4.80%
Dec 31, 2024 4.80%
Dec 31, 2024 4.80%
Sep 30, 2024 4.77%
Sep 30, 2024 4.77%