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

24.14 0.22 +0.92%
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) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Blackstone Secured Lending Fund (BXSL) trades at a P/B ratio of 1.0×. Over the past ten years it has ranged from 0.9× (July 2022) to 1.7× (December 2021); the current reading is higher than 27% of that period. That is above the Asset Management industry median of 0.9× and below the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.0× (9.76%)
FY2024 1.1× 13.51%
FY2023 0.9× 5.69%
FY2022 0.9× (29.64%)
FY2021 1.3× 1.41%
FY2020 1.3× 0.00%
FY2019 1.3× —

Quarterly newest first

Period P/B ratio Change
Sep 2026 0.9× 2.23%
Jun 2026 0.9× 2.96%
Mar 2026 0.9× (6.67%)
Dec 2025 1.0× 0.82%
19 more quarters

Against its own ten years

Low 0.9× High 1.7×
Ten-year median 1.0×
Current reading's percentile 27

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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