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| Date | Value |
|---|---|
| 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% |