Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
BXSL
HOLDBlackstone Secured Lending Fund · Financial Services · United States · $5.4B · Avg Vol: $40M/d
COMPANY DESCRIPTION
Blackstone Secured Lending Fund is a specialty finance company operating as a business development company (BDC) that primarily invests in first-lien senior secured loans of private U.S. middle-market companies. Managed by an affiliate of Blackstone Credit, the fund leverages institutional-grade underwriting and a vast proprietary deal sourcing network. It represents a leading non-bank lender characterized by a defensive, yield-generating investment portfolio.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 386.7M | 618.7M | 731.3M | 607.9M | 16.3% | 1.4B | 559.5M | 555.0M | -4.4% |
| EPS | 2.44 | 3.65 | 3.45 | 2.46 | 0.3% | 1.88 | 2.08 | 1.95 | -10.9% |
| Shares | 160.4M | 185.8M | 221.9M | 232.0M | +44.7% | 232.7M | — | — | — |
| Debt | 5.5B | 4.9B | 7.1B | 8.1B | 13.5% | 8.0B | — | — | — |
| Equity | 4.2B | 5.0B | 6.1B | 6.2B | 14.5% | — | — | — | — |
| Op CF | 672.9M | 458.8M | -2.5B | -458.7M | -31.8% | -634.1M | — | — | — |
| Inv CF | — | — | — | — | — | — | — | — | — |
| Fin CF | -648.2M | -432.2M | 2.6B | 530.6M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of BXSL are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| BXSL | Blackstone Secured Lending Fund(you) | $5.4B | 40 | HOLD |
| OTF | Blue Owl Technology Finance Corp. | $4.6B | 41 | HOLD |
| HLNE | Hamilton Lane Incorporated | $4.6B | 47 | HOLD |
| OBDC | Blue Owl Capital Corporation | $5.3B | 50 | HOLD |
| MAIN | Main Street Capital Corporation | $5.0B | 26 | SELL |
| PTY | PIMCO Corporate & Income Opportunity Fund | $2.5B | 40 | HOLD |
| FSK | FS KKR Capital Corp. | $3.0B | 35 | SELL |
| DBRG | DigitalBridge Group, Inc. | $2.9B | 34 | SELL |
| NVG | Nuveen AMT-Free Municipal Credit Income Fund | $2.7B | 44 | HOLD |
| CLM | Cornerstone Strategic Investment Fund, Inc. | $2.2B | 39 | HOLD |
Peer medians: ROE 9.5% · P/E 13.9x · Gross margin 100.0%