Where do Blackstone Secured Lending Fund's ratios come from?

Every ratio is computed from Blackstone Secured Lending Fund's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Returns
Return on equity	7.1%-2.0pp	9.1%-0.9pp	10%-0.6pp	10.6%-1.0pp	11.6%-1.0pp
Return on assets	3.1%-0.9pp	4%-0.5pp	4.5%-0.4pp	4.9%-0.5pp	5.4%-0.5pp
Leverage
Debt-to-equity	1.3×0.0×	1.3×+0.1×	1.2×+0.1×	1.1×-0.1×	1.2×0.0×
Debt-to-assets	0.6×0.0×	0.6×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×
Per Share
Book value per share	$26.27-3.6%	$27.25+0.2%	$27.20-1.3%	$27.560.0%	$27.54-8.7%
Valuation
Market capitalization	$5.5B-9.6%	$6.09B+1.4%	$6B-16.0%	$7.15B-3.1%	$7.37B+5.3%
Enterprise value	$13.19B-5.0%	$13.88B+3.5%	$13.41B-4.0%	$13.96B+1.2%	$13.79B-0.3%
Price / earnings	12.5×+1.7×	10.8×+0.8×	10×-1.5×	11.5×+0.4×	11.2×+1.1×
Price / book	0.9×-0.1×	1×0.0×	1×-0.2×	1.1×0.0×	1.2×0.0×
Earnings yield	8%-1.3pp	9.3%-0.7pp	10%+1.3pp	8.7%-0.3pp	9%-1.0pp
Dividend yield	12.4%+1.3pp	11.1%+0.1pp	11%+2.1pp	8.9%+0.6pp	8.3%0.0pp

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Questions, answered.

Where do Blackstone Secured Lending Fund's ratios come from?: Every ratio is computed from Blackstone Secured Lending Fund's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.