BXSL
Blackstone Secured Lending Fund
NYSE: BXSL · FINANCIAL SERVICES · ASSET MANAGEMENT
$23.94
-0.04% today
Updated 2026-04-29
Market cap
$5.56B
P/E ratio
9.73
P/S ratio
3.92x
EPS (TTM)
$2.46
Dividend yield
12.90%
52W range
$22 – $30
Volume
2.8M
Blackstone Secured Lending Fund (BXSL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $-2.30M | $147.58M | $389.12M | $473.35M | $387.80M | $874.72M | $1.05B | $1.27B |
| Revenue growth (YoY) | — | +6513.9% | +163.7% | +21.6% | -18.1% | +125.6% | +19.8% | +20.9% |
| Cost of revenue | $1.35M | $35.43M | $65.95M | $101.72M | $151.20M | $255.98M | $316.28M | $271.34M |
| Gross profit | $1.77M | $112.15M | $323.18M | $473.35M | $387.80M | $618.74M | $731.26M | $995.39M |
| Gross margin | -77.0% | 76.0% | 83.1% | 100.0% | 100.0% | 70.7% | 69.8% | 78.6% |
| R&D | $1.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $1.20M | $36.98M | $80.62M | $10.66M | $13.88M | $15.35M | $11.94M | $14.59M |
| Operating income | $-292000.00 | $74.08M | $241.05M | $462.86M | $602.23M | $628.75M | $708.62M | $960.53M |
| Operating margin | 12.7% | 50.2% | 61.9% | 97.8% | 155.3% | 71.9% | 67.6% | 75.8% |
| EBITDA | $-2.94M | $74.08M | $241.05M | $358.13M | $681.30M | $628.75M | $708.62M | $95.78M |
| EBITDA margin | 127.9% | 50.2% | 61.9% | 75.7% | 175.7% | 71.9% | 67.6% | 7.6% |
| EBIT | $-292000.00 | $74.08M | $241.05M | $462.86M | $602.23M | $863.28M | $1.05B | $0.00 |
| Interest expense | $935000.00 | $35.43M | $65.95M | $114.12M | $196.29M | $255.98M | $316.28M | $381.64M |
| Income tax | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-2.94M | $106.21M | $218.64M | $460.42M | $404.56M | $611.95M | $694.10M | $563.46M |
| Net income growth (YoY) | — | +3707.5% | +105.9% | +110.6% | -12.1% | +51.3% | +13.4% | -18.8% |
| Profit margin | 127.9% | 72.0% | 56.2% | 97.3% | 104.3% | 70.0% | 66.3% | 44.5% |