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Blackstone Secured Lending FundBXSL +1.61%50 Debt-to-Equity is 1.27 as of Jun. 2026, which is 15% above its 10-year median of 1.10. GuruFocus rates BXSL with a GF Score™ of 50/100 and a GF Value™ of $20.59 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 957 Asset Management companies, Blackstone Secured Lending Fund ranks worse than 88.3% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Blackstone Secured Lending Fund's Debt-to-Equity or its related term are showing as below:
BXSL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 1.1 Max: 1.33
Current: 1.32
During the past 8 years, the highest Debt-to-Equity Ratio of Blackstone Secured Lending Fund was 1.33. The lowest was 0.45. And the median was 1.10.
BXSL's Debt-to-Equity is ranked worse than 88.3% of 957
companies
in the Asset Management industry
Industry Median: 0.21
vs BXSL: 1.32
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Blackstone Secured Lending Fund Debt-to-Equity Related Terms
Blackstone Secured Lending Fund Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Blackstone Secured Lending Fund Debt-to-Equity Chart
BXSL vs OBDC, MAIN, HASI: Debt-to-Equity Comparison
For the Asset Management subindustry, Blackstone Secured Lending Fund's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Blackstone Secured Lending Fund Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackstone Secured Lending Fund's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Blackstone Secured Lending Fund's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Blackstone Secured Lending Fund (BXSL) has a Debt-to-Equity of 1.27 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Blackstone Secured Lending Fund and its competitors. This is 15% above median its historical median of 1.10. Over the past decade, Blackstone Secured Lending Fund's Debt-to-Equity has ranged from 0.45 to 1.33. According to the industry distribution chart, Blackstone Secured Lending Fund ranks #845 out of 957 companies in the Asset Management industry, placing it in the top 88.3%.
Is Blackstone Secured Lending Fund's Debt-to-Equity too high?
Blackstone Secured Lending Fund's current Debt-to-Equity of 1.27 is 15% above median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.33. The Asset Management industry median Debt-to-Equity is 0.21. Blackstone Secured Lending Fund's value of 1.27 is 504.8% above this industry median. Based on the distribution chart, Blackstone Secured Lending Fund ranks #845 out of 957 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Blackstone Secured Lending Fund has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blackstone Secured Lending Fund's Debt-to-Equity compare to OBDC and MAIN?
According to the Asset Management industry distribution chart, Blackstone Secured Lending Fund ranks #845 out of 957 companies for Debt-to-Equity. This places Blackstone Secured Lending Fund in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Blackstone Secured Lending Fund's value of 1.27 is 504.8% above this benchmark. Historically, Blackstone Secured Lending Fund's own Debt-to-Equity has ranged from 0.45 to 1.33 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 0.21, Blackstone Secured Lending Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blackstone Secured Lending Fund's current Debt-to-Equity of 1.27 is 504.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Blackstone Secured Lending Fund and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackstone Secured Lending Fund's current Debt-to-Equity is 1.27, which is 15% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone Secured Lending Fund stock overvalued right now?
Based on GuruFocus' analysis, Blackstone Secured Lending Fund (BXSL) is currently considered Modestly Overvalued. The stock's GF Value™ is $20.59, compared to a current price of $24.54 — trading 19.2% above its estimated fair value. The current Debt-to-Equity is 1.27, which is 15% above median its 10-year median of 1.10 and 504.8% above the Asset Management industry median of 0.21. Blackstone Secured Lending Fund's overall GF Score™ is 50/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Blackstone Secured Lending Fund (BXSL), the current Debt-to-Equity is 1.27 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Blackstone Secured Lending Fund (BXSL) Overvalued in 2026?
Based on GuruFocus' analysis, Blackstone Secured Lending Fund stock appears to be overvalued.
The current stock price of $24.54 is trading 19.2% above its estimated GF Value™ of $20.59.
GuruFocus considers Blackstone Secured Lending Fund to be Modestly Overvalued.
Key valuation signals for BXSL:
Debt-to-Equity: 1.27 (15% above median its 10-year median of 1.10)
GF Value™: $20.59 vs. price of $24.54 (19.2% above fair value)
Industry Position: 504.8% above the Asset Management median (#845 of 957)
No single metric tells the full story. See the BXSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blackstone Secured Lending Fund is a non-diversified, closed-end management investment company. The investment objectives of the company are to generate current income and, to a lesser extent, long-term capital appreciation. The company seeks to achieve its investment objectives by investing in originated loans and other securities, including syndicated loans of private U.S. companies, typically in the form of first lien senior secured and unitranche loans, unsecured and subordinated loans, and other securities. The company operates as a single reportable segment and derives revenues from investing in originated loans and other securities, including broadly syndicated loans, of U.S. private companies.
50GF Score
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