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
Download Data| Date | Value |
|---|---|
| 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 |