Blackstone Secured Lending Fund (BXSL)

BXSL Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3.66	7.01	4.16	5.79	0.73
Other Revenue	1,323	1,137	846.13	618.92	388.92
Revenue	1,327	1,144	850.29	624.7	389.64
Revenue Growth (YoY)	16.04%	34.48%	36.11%	60.33%	163.19%
Cost of Revenue	-	-	-	-	1.51
Gross Profit	1,327	1,144	850.29	624.7	388.13
Selling, General & Admin	278.65	206.4	161.55	150.12	82.09
Operating Expenses	278.65	206.4	161.55	150.12	82.09
Operating Income	1,048	937.12	688.74	474.58	306.05
Interest Expense	-326.13	-266.42	-203.58	-120.47	-65.95
Currency Exchange Gain (Loss)	-	-	-	-3.77	0.02
EBT Excluding Unusual Items	722.12	670.7	485.16	350.35	240.12
Gain (Loss) on Sale of Investments	-11.84	-41.95	-79.22	112.51	-20.96
Pretax Income	710.28	628.75	405.94	462.86	219.16
Income Tax Expense	16.18	16.8	1.39	2.44	0.52
Net Income	694.1	611.95	404.56	460.42	218.64
Net Income to Common	694.1	611.95	404.56	460.42	218.64
Net Income Growth	13.42%	51.27%	-12.13%	110.59%	105.86%
Shares Outstanding (Basic)	201	168	166	145	95
Shares Outstanding (Diluted)	201	168	166	145	95
Shares Change (YoY)	20.14%	0.93%	14.92%	51.58%	181.56%
EPS (Basic)	3.45	3.65	2.44	3.19	2.29
EPS (Diluted)	3.45	3.65	2.44	3.19	2.29
EPS Growth	-5.59%	49.87%	-23.54%	38.92%	-26.89%
Dividend Per Share	3.080	2.940	2.260	2.030	2.000
Dividend Growth	4.76%	30.09%	11.33%	1.50%	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	99.61%
Operating Margin	79.00%	81.95%	81.00%	75.97%	78.55%
Profit Margin	52.31%	53.52%	47.58%	73.70%	56.11%
EBIT	1,048	937.12	688.74	474.58	306.05
EBIT Margin	79.00%	81.95%	81.00%	75.97%	78.55%
Effective Tax Rate	2.28%	2.67%	0.34%	0.53%	0.24%
Revenue as Reported	1,327	1,144	850.29	624.7	389.64

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q