Blackstone Secured Lending Fund (BXSL) vs Main Street Capital Corporation (MAIN)
Blackstone Secured Lending Fund and Main Street Capital Corporation are both Asset Management companies. Blackstone Secured Lending Fund is the larger, with a market value of $5.8B against $5.2B — 1.1× the size. Main Street Capital Corporation trades at the lower P/E: 11.1× against 19.4×. Main Street Capital Corporation grew revenue faster over the last twelve months: 3.00% against −2.58%. Main Street Capital Corporation has the higher net margin (78.5% vs 21.5%) and the higher return on invested capital (6.18% vs 0.00%). Both pay a dividend; Blackstone Secured Lending Fund yields more (10.3% vs 7.69%). Across the 20 metrics below, Main Street Capital Corporation leads on 11 and Blackstone Secured Lending Fund on 9.
Valuation
Profitability
| Metric | BXSL | MAIN | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 82.62% | 86.99% | 33.03% |
| Net margin | 21.53% | 78.49% | 13.53% |
| Free cash flow margin | 10.86% | (26.05%) | 12.44% |
| Return on equity | 4.80% | 14.92% | 4.83% |
| Return on assets | 2.13% | 8.04% | 1.57% |
| Return on invested capital | 0.00% | 6.18% | 3.04% |
Growth
Health
Dividend
Size
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