profit from every $100 of sales.
$0$100
Blackstone Secured Lending Fund
$23.78+0.46% today
-9.5% in 1 year
1-year low $22.911-year high $28.39
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $9.85 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Blackstone Secured Lending Fund sold, what it kept, and what it did with the cash.
Sales went from $387 million in 2022 to $608 million in 2025, with $563 million of profit last year.
SalesProfit
Blackstone Secured Lending Fund vs. similar companies
Blackstone Secured Lending Fund grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Blackstone Secured Lending Fund | 9.8× · Cheap | ||
 BlackRock | 34.0× · Expensive | ||
 Blackstone | 49.1× · Expensive | ||
 Investor | 8.5× · Cheap | ||
 Brookfield | 70.0× · Very expensive |
AI analysis
An AI analyst reads Blackstone Secured Lending Fund's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 387 | 619 | 731 | 608 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 405 | 612 | 694 | 563 | |
| 2.44 | 3.65 | 3.45 | 2.46 | |
| – | – | – | – | |
| – | – | – | – | |
| 104.6% | 98.9% | 94.9% | 92.7% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 9,909 | 10,135 | 13,472 | 14,656 |
| Cash | 131 | 155 | 230 | 290 |
| Total debt | 5,528 | 4,912 | 7,056 | 8,080 |
| Total liabilities | 5,750 | 5,183 | 7,396 | 8,411 |
| 4,159 | 4,952 | 6,077 | 6,245 | |
| 166 | 168 | 201 | 229 | |
| – | – | – | – | |
| 9.7% | 12.4% | 11.4% | 9.0% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 673 | 459 | -2,526 | -459 | |
| – | – | – | – | |
| 673 | 459 | -2,526 | -459 | |
| Dividends paid | 423 | 438 | 583 | 678 |
| 263 | 0 | 0 | – | |
| – | – | – | – |
Valuation
- 9.8×
- 8.2×
- 36.13
- 0.9×
- 9.1×
- –
- –
- -8.3%
- 10.2%
- 12.8%
Profitability
- –
- 63.0%
- 92.7%
- 62.8%
- 4.5%
- 4.8%
- 7.0%
- 3.0%
- 4.5%
- –
Growth
- +16.3%
- +0.3%
- +81.8%
- –
- +11.3%
Financial health
- 11.8×
- 1.29
- 55.6%
- 1.2×
- –
- –
- 0.07
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 48%of 688
Top 11%of 540
Top 28%of 900
Top 27%of 908
Bottom 14%of 941
What analysts expect
- Average price target
- $24.00
- Range
- $24.00 – $24.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | 0.77 | 0.75 | +2.7% |
| Feb 25, 2026 | 0.80 | 0.79 | +1.3% |
| Nov 10, 2025 | 0.82 | 0.79 | +4.5% |
| Aug 6, 2025 | 0.77 | 0.81 | −4.9% |
| May 7, 2025 | 0.83 | 0.82 | +1.2% |
| Feb 26, 2025 | 0.84 | 0.86 | −2.3% |
| Nov 12, 2024 | 0.91 | 0.89 | +2.2% |
| Aug 7, 2024 | 0.89 | 0.90 | −1.1% |
12.8%of the share price, paid each year
On $1,000 invested$128a year at today's yield, before tax
–per share
Raised–not every year
Paid per share, each year
$0.53 in 2021 → $3.08 in 2025
How safe it looks
120.3% of its profit
Room to growStretchedMore than it earns: -147.8%
News
Blackstone to provide Pfizer up to $1.5B to advance monthly GLP-1 for weight lossSeeking Alpha · Nov 11, 2026Blackstone Secured Lending Q3 2026 Earnings PreviewSeeking Alpha · Nov 3, 2026Blackstone said to weigh $1.9B sale of Tokyo office portionSeeking Alpha · Oct 30, 2026Is Blackstone a Buy After Its Latest Earnings Report?Yahoo Finance · Oct 23, 2026Blackstone Inc. Q3 2026 Earnings Call SummaryYahoo Finance · Oct 22, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
34No pass
Benjamin Graham
76Pass
Philip Fisher
49No pass
Peter Lynch
30No pass
Joel Greenblatt
27No pass
Charlie Munger
40No pass
Terry Smith
38No pass
Questions about Blackstone Secured Lending Fund
Is Blackstone Secured Lending Fund a good stock to buy?
A business with weak numbers, and the price looks low. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Blackstone Secured Lending Fund AI analysis
What does Blackstone Secured Lending Fund do?
Blackstone Secured Lending Fund is business development company and a Delaware statutory trust formed on March 26, 2018, and structured as an externally managed, non-diversified closed-end investment Fund. It is in Asset Management, based in New York, NY, United States.
Does Blackstone Secured Lending Fund pay a dividend?
Yes. At today's price the dividend is 12.8% a year, about 120% of its yearly profit. In 2025 it paid out $678 million in dividends.
Is Blackstone Secured Lending Fund stock halal?
No. Blackstone Secured Lending Fund does not pass our halal screen: it was reviewed by hand and does not pass. How we check
How has Blackstone Secured Lending Fund stock done over the past year?
Down 9.5% over the past twelve months, to $23.78. It traded between $22.91 and $28.39 and is 16.2% below its high.
Who are Blackstone Secured Lending Fund's competitors?
The largest listed companies in the same industry are BlackRock, Blackstone, Investor and Brookfield. The peers table on this page compares their profit, growth and price with Blackstone Secured Lending Fund's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.