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Blackstone Secured Lending Fund (BXSL) Stock Fundamental Analysis & AI Rating 2026

BXSL NYSE DE CIK: 0001736035
Recently Updated • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
70% Confidence
AGREEMENT
SELL
68% Conf
HOLD
72% Conf

📊 BXSL Key Takeaways

Revenue: N/A
Net Margin: N/A
Free Cash Flow: $249.3M
Current Ratio: N/A
Debt/Equity: 1.32x
EPS: $0.11
AI Rating: SELL with 68% confidence
Blackstone Secured Lending Fund (BXSL) receives a SELL rating with 70% confidence from our AI fundamental analysis based on SEC 10-K filings., and return on equity (ROE) of 0.4% Below is our complete BXSL stock analysis for 2026.

Is Blackstone Secured Lending Fund (BXSL) a Good Investment?

Claude

BXSL demonstrates deteriorating financial performance with net income declining 18.8% YoY and diluted EPS down 28.7%, while generating inadequate returns on capital (ROE 0.4%, ROA 0.2%). Elevated leverage at 1.32x debt/equity amplifies downside risk in a weakening earnings environment, despite positive operating cash flow of $249.3M.

ChatGPT

Blackstone Secured Lending Fund shows a solid asset and equity base with acceptable profitability for a credit-focused lender, but earnings momentum weakened materially as net income fell 18.8% and diluted EPS declined 28.7% year over year. Balance-sheet leverage is meaningful at 1.29x debt-to-equity and operating cash flow was sharply negative, which makes the current fundamental profile more mixed than clearly bullish. The company appears financially viable, but improvement in earnings stability, credit performance, and cash generation quality is needed to justify a more positive view.

Why Buy Blackstone Secured Lending Fund Stock? BXSL Key Strengths

Claude
  • + Strong operating cash flow generation of $249.3M indicates underlying asset quality remains intact
  • + Substantial $14.4B asset base provides scale and portfolio diversification across secured loans
  • + Continued positive net income of $25.2M sustains distribution capability to shareholders
ChatGPT
  • + Large $14.66B asset base supported by $6.25B of equity provides meaningful balance-sheet capacity
  • + Positive net income of $563.46M and 9.0% ROE indicate the business remains profit-generating
  • + Debt-to-equity of 1.29x is elevated but still within a manageable range for a lending-focused vehicle

BXSL Stock Risks: Blackstone Secured Lending Fund Investment Risks

Claude
  • ! Accelerating earnings decline with EPS down 28.7% YoY signals deteriorating fund performance
  • ! Critically low return on equity (0.4%) and return on assets (0.2%) reveal poor capital efficiency
  • ! High financial leverage of 1.32x debt/equity relative to long-term debt of $8.0B amplifies portfolio stress in credit deterioration
ChatGPT
  • ! Net income and diluted EPS declined sharply year over year, indicating weakening profitability
  • ! Operating cash flow of negative $458.66M raises concerns about cash generation quality and funding reliance
  • ! High absolute long-term debt of $8.08B increases sensitivity to credit losses, refinancing conditions, and interest costs

Key Metrics to Watch

Claude
  • * Net income and EPS trends in upcoming quarters to assess stabilization
  • * Loan portfolio credit quality metrics including default and delinquency rates
  • * Return on equity and asset improvement trajectory
  • * Debt covenant compliance and leverage ratio movements
ChatGPT
  • * Net investment income and EPS trend
  • * Non-accruals/credit losses and debt-to-equity leverage

Blackstone Secured Lending Fund (BXSL) Financial Metrics & Key Ratios

Revenue
N/A
Net Income
$25.2M
EPS (Diluted)
$0.11
Free Cash Flow
$249.3M
Total Assets
$14.4B
Cash Position
$351.3M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

BXSL Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE 0.4%
ROA 0.2%
FCF Margin N/A

BXSL vs Market Sector: How Blackstone Secured Lending Fund Compares

How Blackstone Secured Lending Fund compares to Market sector averages

Net Margin
BXSL 0.0%
vs
Sector Avg 12.0%
BXSL Sector
ROE
BXSL 0.4%
vs
Sector Avg 15.0%
BXSL Sector
Current Ratio
BXSL 0.0x
vs
Sector Avg 1.8x
BXSL Sector
Debt/Equity
BXSL 1.3x
vs
Sector Avg 0.7x
BXSL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Blackstone Secured Lending Fund Stock Overvalued? BXSL Valuation Analysis 2026

Based on fundamental analysis, Blackstone Secured Lending Fund shows some fundamental concerns relative to the Market sector in 2026.

Return on Equity
0.4%
Sector avg: 15%
Net Profit Margin
N/A
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.32x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Blackstone Secured Lending Fund Balance Sheet: BXSL Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
1.32x
Debt/Assets
57.7%
Interest Coverage
N/A
Long-term Debt
$8.0B

BXSL Revenue & Earnings Growth: 5-Year Financial Trend

BXSL 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Blackstone Secured Lending Fund's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $3.65 reflects profitable operations.

BXSL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
N/A
Free cash flow / Revenue

Blackstone Secured Lending Fund Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$249.3M
Cash generated from operations
Dividends Paid
$170.5M
Returned to shareholders

BXSL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Blackstone Secured Lending Fund (CIK: 0001736035)

📋 Recent SEC Filings

Date Form Document Action
May 7, 2026 8-K ea0289403-8k_blackstone.htm View →
May 7, 2026 10-Q bxsl-20260331.htm View →
Mar 16, 2026 4 xslF345X05/ownership.xml View →
Mar 12, 2026 4 xslF345X05/ownership.xml View →
Mar 11, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about BXSL

What is the AI rating for BXSL?

Blackstone Secured Lending Fund (BXSL) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BXSL's key strengths?

Claude: Strong operating cash flow generation of $249.3M indicates underlying asset quality remains intact. Substantial $14.4B asset base provides scale and portfolio diversification across secured loans. ChatGPT: Large $14.66B asset base supported by $6.25B of equity provides meaningful balance-sheet capacity. Positive net income of $563.46M and 9.0% ROE indicate the business remains profit-generating.

What are the risks of investing in BXSL?

Claude: Accelerating earnings decline with EPS down 28.7% YoY signals deteriorating fund performance. Critically low return on equity (0.4%) and return on assets (0.2%) reveal poor capital efficiency. ChatGPT: Net income and diluted EPS declined sharply year over year, indicating weakening profitability. Operating cash flow of negative $458.66M raises concerns about cash generation quality and funding reliance.

What is BXSL's revenue and growth?

Blackstone Secured Lending Fund reported revenue of N/A.

Does BXSL pay dividends?

Blackstone Secured Lending Fund pays dividends, with $170.5M distributed to shareholders in the trailing twelve months.

Where can I find BXSL SEC filings?

Official SEC filings for Blackstone Secured Lending Fund (CIK: 0001736035) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BXSL's EPS?

Blackstone Secured Lending Fund has a diluted EPS of $0.11.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is BXSL a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Blackstone Secured Lending Fund has a SELL rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is BXSL stock overvalued or undervalued?

Valuation metrics for BXSL: ROE of 0.4% (sector avg: 15%), net margin of N/A (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy BXSL stock in 2026?

Our dual AI analysis gives Blackstone Secured Lending Fund a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is BXSL's free cash flow?

Blackstone Secured Lending Fund's operating cash flow is $249.3M, with capital expenditures of N/A.

How does BXSL compare to other Market stocks?

Vs Default sector averages: Net margin N/A (avg: 12%), ROE 0.4% (avg: 15%), current ratio N/A (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI