BGB (Blackstone Strategic Credit Fund) Return-on-Tangible-Equity: 9.54% (As of Dec. 2025) — 19% Above Median

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BGB Blackstone Strategic Credit Fund BGB
45 GF Score
Price $11.33
GF Value $6.95
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Blackstone Strategic Credit Fund Return-on-Tangible-Equity?

Blackstone Strategic Credit Fund BGB -0.18% 45 Return-on-Tangible-Equity is 9.54% as of Dec. 2025, which is 19% above its 10-year median of 8.01. GuruFocus rates BGB with a GF Score™ of 45/100 and a GF Value™ of $6.95 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,589 Asset Management companies, Blackstone Strategic Credit Fund ranks worse than 57.14% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Blackstone Strategic Credit Fund's annualized net income for the quarter that ended in Dec. 2025 was $53.52 Mil. Blackstone Strategic Credit Fund's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $561.25 Mil. Therefore, Blackstone Strategic Credit Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 9.54%.

The historical rank and industry rank for Blackstone Strategic Credit Fund's Return-on-Tangible-Equity or its related term are showing as below:

BGB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.07   Med: 8.01   Max: 14.61
Current: 5.33

During the past 9 years, Blackstone Strategic Credit Fund's highest Return-on-Tangible-Equity was 14.61%. The lowest was -12.07%. And the median was 8.01%.

BGB's Return-on-Tangible-Equity is ranked worse than
57.14% of 1589 companies
in the Asset Management industry
Industry Median: 7.21 vs BGB: 5.33

Blackstone Strategic Credit Fund  (NYSE:BGB) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Blackstone Strategic Credit Fund Return-on-Tangible-Equity Related Terms


Blackstone Strategic Credit Fund Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Blackstone Strategic Credit Fund's Return-on-Tangible-Equity can be seen below:

* 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 Strategic Credit Fund Return-on-Tangible-Equity Chart

Blackstone Strategic Credit Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 8.01 -12.07 14.61 9.83 5.34

Blackstone Strategic Credit Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.28 9.15 10.46 1.17 9.54

BGB vs PML, FTHY, EIM: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, Blackstone Strategic Credit Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-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 Strategic Credit Fund Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackstone Strategic Credit Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Blackstone Strategic Credit Fund's Return-on-Tangible-Equity falls into.


BGB
45GF Score
Blackstone Strategic Credit Fund BGB
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blackstone Strategic Credit Fund Return-on-Tangible-Equity Calculation

Blackstone Strategic Credit Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=30.075/( (570.691+555.783 )/ 2 )
=30.075/563.237
=5.34 %

Blackstone Strategic Credit Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=53.518/( (566.713+555.783)/ 2 )
=53.518/561.248
=9.54 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 9.54% mean?
Blackstone Strategic Credit Fund (BGB) has a Return-on-Tangible-Equity of 9.54% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Blackstone Strategic Credit Fund and its competitors. This is 19% above median its historical median of 8.01. According to the industry distribution chart, Blackstone Strategic Credit Fund ranks #908 out of 1589 companies in the Asset Management industry, placing it in the top 57.1%.
Is Blackstone Strategic Credit Fund's Return-on-Tangible-Equity too high?
Blackstone Strategic Credit Fund's current Return-on-Tangible-Equity of 9.54% is 19% above median its 10-year median of 8.01. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Blackstone Strategic Credit Fund's value of 9.54% is 32.3% above this industry median. Based on the distribution chart, Blackstone Strategic Credit Fund ranks #908 out of 1589 companies in the Asset Management industry, which is below the industry midpoint. Overall, Blackstone Strategic Credit Fund has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blackstone Strategic Credit Fund's Return-on-Tangible-Equity compare to PML and FTHY?
According to the Asset Management industry distribution chart, Blackstone Strategic Credit Fund ranks #908 out of 1589 companies for Return-on-Tangible-Equity. This places Blackstone Strategic Credit Fund in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. Blackstone Strategic Credit Fund's value of 9.54% is 32.3% above this benchmark. While the company's 10-year median is 8.01 vs. the industry median of 7.21, Blackstone Strategic Credit 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 Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blackstone Strategic Credit Fund's current Return-on-Tangible-Equity of 9.54% is 32.3% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Blackstone Strategic Credit Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackstone Strategic Credit Fund's current Return-on-Tangible-Equity is 9.54%, which is 19% above median its own 10-year median of 8.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone Strategic Credit Fund stock overvalued right now?
Based on GuruFocus' analysis, Blackstone Strategic Credit Fund (BGB) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.95, compared to a current price of $11.33 — trading 63% above its estimated fair value. The current Return-on-Tangible-Equity is 9.54%, which is 19% above median its 10-year median of 8.01 and 32.3% above the Asset Management industry median of 7.21. Blackstone Strategic Credit Fund's overall GF Score™ is 45/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Blackstone Strategic Credit Fund (BGB), the current Return-on-Tangible-Equity is 9.54% as of Dec. 2025. 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 Strategic Credit Fund (BGB) Overvalued in 2026?

Based on GuruFocus' analysis, Blackstone Strategic Credit Fund stock appears to be overvalued. The current stock price of $11.33 is trading 63% above its estimated GF Value™ of $6.95. GuruFocus considers Blackstone Strategic Credit Fund to be Significantly Overvalued.

Key valuation signals for BGB:

  • Return-on-Tangible-Equity: 9.54% (19% above median its 10-year median of 8.01)
  • GF Value™: $6.95 vs. price of $11.33 (63% above fair value)
  • GF Score™: 45/100 with 8 warning signs
  • Industry Position: 32.3% above the Asset Management median (#908 of 1589)

No single metric tells the full story. See the BGB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Blackstone Strategic Credit Fund Business Description

Address 345 Park Avenue, 31st Floor, New York, NY, USA, 10154
Blackstone Strategic Credit Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek high current income. The secondary objective of the fund is to seek the preservation of capital. Under normal market conditions, the Fund invests at least 80% of its Managed Assets in senior, secured floating-rate loans. The fund also invest in second-lien loans and high yield bonds and employs financial leverage, which may increase risk to the Fund. The Fund has a limited term and absent shareholder approval to extend the life of the Fund.
45GF Score

Get the complete analysis for BGB

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.33
Price
$6.95
GF Value