Blackstone Secured Lending Fund

BXSL Financial Asset Management

Blackstone Secured Lending Fund’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 6.94% from fiscal 2024.

Revenue
−12.1%
EPS
−12.3%
Free cash flow
+210.8%
Total debt
−8.11%

Quarter to September 2026, against a year earlier

24.22 0.05 +0.21%
Market cap
$5.6B
P/E
20.1×
Fwd P/E
14.3×
Dividend yield
12.8%
F-score
2/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Blackstone Secured Lending Fund (BXSL) Free cash flow

Alert me on Free cash flow

Blackstone Secured Lending Fund's free cash flow for fiscal 2025 was −$458.7M, compared with −$2.5B in fiscal 2024. Over the twelve months to 30 September 2026 it was $1.1B. Over the past ten years it has ranged from −$3.8B (fiscal 2021) to $672.9M (fiscal 2022); the current reading is higher than 71% of that period. Blackstone Secured Lending Fund ranks 19th of 116 Asset Management companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 −$458.7M —
FY2024 −$2.5B —
FY2023 $458.8M (31.82%)
FY2022 $672.9M —
FY2021 −$3.8B —
FY2020 −$2.3B —
FY2019 −$2.6B —

Quarterly newest first

Period Free cash flow Change
Sep 2026 $479.3M (14.55%)
Jun 2026 $561.0M 125.05%
Mar 2026 $249.3M —
Dec 2025 −$229.7M —
21 more quarters

Against its own ten years

Low −$3.8B High $672.9M
Ten-year median −$2.3B
Current reading's percentile 71

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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