Blackstone Secured Lending Fund Ratios (2021-2025) | BXSL

Ratios Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Profitability
EBT Margin 37.92%37.30%34.37%32.18%33.86%32.21%32.11%37.99%35.40%35.62%33.71%29.87%29.61%26.71%27.95%25.35%27.61%
EBIT Margin 57.54%57.83%56.08%56.29%58.27%57.26%57.30%60.77%58.38%58.06%55.66%53.97%55.31%52.90%53.94%52.12%54.02%
EBITDA Margin 57.54%57.83%56.08%56.29%58.27%57.26%57.30%60.77%58.38%58.06%55.66%53.97%55.31%52.90%53.94%52.12%54.02%
Operating Margin 57.54%57.83%56.08%56.29%58.27%57.26%57.30%60.77%58.38%58.06%55.66%53.97%55.31%52.90%53.94%52.12%54.02%
Net Margin 36.59%37.04%33.61%32.18%33.86%32.21%31.12%36.27%33.64%34.24%32.60%28.82%28.47%25.62%26.77%24.25%26.43%
FCF Margin -723.14%-10.33%19.43%215.16%66.88%58.83%179.53%-31.83%-42.05%-130.13%-216.83%-150.84%-256.30%118.70%-64.11%-120.65%
Efficiency
Assets Average 9.92B9.88B9.71B9.69B9.97B10.42B11.24B12.07B12.92B13.72B13.84B13.98B
Equity Average 4.16B4.17B4.27B4.48B4.78B5.05B5.28B5.55B5.89B6.16B6.26B6.28B
Invested Capital 9.95B9.68B9.69B9.64B9.33B9.56B9.86B10.43B11.48B12.09B13.13B13.62B13.38B13.93B
Asset Utilization Ratio 0.090.090.110.110.110.110.110.110.100.100.100.10
Leverage & Solvency
Interest Coverage Ratio 2.932.822.582.332.392.292.272.672.542.592.542.242.152.022.081.952.05
Equity Ratio 0.440.420.420.430.450.470.490.480.460.460.450.450.460.44
Times Interest Earned 2.932.822.582.332.392.292.272.672.542.592.542.242.152.022.081.952.05
Dividends & Payouts
FCF Payout Ratio -0.05-4.083.190.230.700.590.21-1.23-1.00-0.35-0.20-0.29-0.170.39-0.77-0.40
Valuation
Enterprise Value -0.10B-0.13B-0.13B-0.10B-0.15B-0.15B-0.15B-0.15B-0.29B-0.21B-0.23B-0.97B-0.27B-0.25B
Return Ratios
Return on Sales 0.37%0.37%0.34%0.32%0.34%0.32%0.31%0.36%0.34%0.34%0.33%0.29%0.28%0.26%0.27%0.24%0.26%
Return on Invested Capital 0.05%0.05%0.06%0.07%0.07%0.06%0.06%0.06%0.06%0.05%0.05%0.05%
Return on Assets 0.03%0.03%0.04%0.04%0.04%0.04%0.03%0.03%0.03%0.03%0.03%0.03%
Return on Equity 0.07%0.07%0.08%0.08%0.08%0.08%0.07%0.07%0.06%0.06%0.06%0.06%