Blackstone Secured Lending Fund (BXSL) Total Liabilities (2021 - 2026)
Blackstone Secured Lending Fund's (BXSL) quarterly Total Liabilities came in at $7.8 billion in Q2 2026, up 5.76% on a YoY basis from $7.4 billion in Q2 2025, and down 5.84% quarter-over-quarter from $8.3 billion in Q1 2026.
Analysis
Blackstone Secured Lending Fund (BXSL) Total Liabilities (2021 - 2026) Analysis & Trends
Blackstone Secured Lending Fund (BXSL) has reported Total Liabilities for 6 consecutive years, with $7.8 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Liabilities rose 5.76% year-over-year to $7.8 billion; the trailing twelve-month figure through Jun 2026 stood at $7.8 billion (up 5.76% YoY), and the FY2025 full-year result was $8.4 billion, up 13.73% from the prior year.
- Total Liabilities eased to $7.8 billion in Q2 2026 per BXSL's latest filing, from $8.3 billion in the prior quarter.
- Across five years, Total Liabilities topped out at $8.4 billion in Q4 2025 and bottomed at -$4.4 billion in Q1 2022.
- Historically, Total Liabilities has averaged $5.4 billion across 5 years, with a median of $6.1 billion in 2022.
- The sharpest annual moves came in 2022 and 2023: Total Liabilities jumped 238.98% in 2022, then slipped 9.87% in 2023.
- Over 5 years, Total Liabilities stood at $5.8 billion in 2022, then declined by 9.87% to $5.2 billion in 2023, then surged by 42.7% to $7.4 billion in 2024, then climbed by 13.73% to $8.4 billion in 2025, then slipped by 6.67% to $7.8 billion in 2026.
- According to Business Quant data, Total Liabilities over the past three periods registered $7.8 billion, $8.3 billion, and $8.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.39 Bn | 14.01 Bn | - | 16.61 Bn |
| 2 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - | 7.85 Bn |
| 3 | Blue Owl Capital | 5.62 Bn | 5.38 Bn | - | 8.32 Bn |
| 4 | Main Street Capital | 5.39 Bn | 5.33 Bn | - | 2.77 Bn |
| 5 | Blue Owl Technology Finance | 5.20 Bn | 4.99 Bn | - | 7.52 Bn |
| 6 | Hercules Capital | 4.68 Bn | 4.64 Bn | - | 2.41 Bn |
| 7 | FS KKR Capital | 3.48 Bn | 3.37 Bn | - | 6.73 Bn |
| 8 | Golub Capital Bdc | 3.38 Bn | 3.34 Bn | - | 4.63 Bn |
| 9 | PennantPark Floating Rate Capital | 2.47 Bn | -134.94 Mn | - | 1.62 Bn |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.02 Bn | - | 1.76 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.85 Bn |
| Mar 31, 2026 | 8.34 Bn |
| Dec 31, 2025 | 8.41 Bn |
| Sep 30, 2025 | 7.99 Bn |
| Jun 30, 2025 | 7.42 Bn |
| Mar 31, 2025 | 7.73 Bn |
| Dec 31, 2024 | 7.40 Bn |
| Sep 30, 2024 | 6.67 Bn |
| Jun 30, 2024 | 6.38 Bn |
| Mar 31, 2024 | 5.55 Bn |
| Dec 31, 2023 | 5.18 Bn |
| Sep 30, 2023 | 5.20 Bn |
| Jun 30, 2023 | 5.22 Bn |
| Mar 31, 2023 | 5.66 Bn |
| Dec 31, 2022 | 5.75 Bn |
| Sep 30, 2022 | 5.76 Bn |
| Jun 30, 2022 | -4.36 Bn |
| Mar 31, 2022 | -4.43 Bn |
| Dec 31, 2021 | 5.73 Bn |
| Sep 30, 2021 | -4.14 Bn |