Blackstone Secured Lending Fund (BXSL) vs TPG (TPG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
TPG is the larger company by market cap ($17.38 billion vs $5.47 billion), about 3.2 times the size. On valuation, Blackstone Secured Lending Fund trades at a lower forward P/E (9.1x vs 12.4x for TPG). Blackstone Secured Lending Fund offers the higher dividend yield (13.11% vs 5.03%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | BXSL | TPG |
|---|---|---|
| Share price | $23.49 | $44.51 |
| Market cap | $5.47B | $17.38B |
| 1-day change | -0.13% | -1.02% |
| YTD return | — | -30.28% |
| 1-year return | — | -22.02% |
| P/E ratio (TTM) | 18.50 | 65.46 |
| Forward P/E | 9.11 | 12.40 |
| EPS (TTM) | $1.27 | $0.68 |
| Dividend yield | 13.11% | 5.03% |
| Annual dividend | $3.08 | $2.24 |
| Revenue (latest FY) | — | $4.67B |
| Revenue growth (YoY) | — | +33.43% |
| Net income (latest FY) | $563.46M | $184.59M |
| Net margin | — | 3.95% |
| 52-week high | $28.59 | $70.38 |
| 52-week low | $22.47 | $36.95 |
| Distance from 52-week high | -17.84% | -36.76% |
| Analyst consensus | none | buy |
| Avg. price target upside | +4.98% | +31.50% |
| Average volume | 1.48M | 2.63M |
| Shares outstanding | 232.97M | 160.11M |
| Employees | — | 1,900 |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- TPG is about 3.2 times larger than Blackstone Secured Lending Fund by market value ($17.38B vs $5.47B).
- TPG trades at a higher earnings multiple (65.5x vs 18.5x trailing P/E).
- Blackstone Secured Lending Fund offers a meaningfully higher dividend yield (13.11% vs 5.03%).
About Blackstone Secured Lending Fund
BXSL stock →Blackstone Secured Lending Fund is business development company and a Delaware statutory trust formed on March 26, 2018, and structured as an externally managed, non-diversified closed-end investment Fund. On October 26, 2018, the fund elected to be regulated as a business development company (BDC) under the Investment Company Act of 1940, as amended (the 1940 Act).
Financial Services · Asset Management
About TPG
TPG stock →TPG Inc. operates as an alternative asset manager in the United States and internationally.
Financial Services · Asset Management · 1,900 employees
BXSL vs TPG FAQ
Which is bigger, Blackstone Secured Lending Fund or TPG?
TPG (TPG) is larger, with a market capitalization of $17.38B compared with $5.47B for Blackstone Secured Lending Fund (BXSL).
Which has the lower P/E ratio, BXSL or TPG?
BXSL has the lower trailing P/E at 18.5, versus 65.5 for TPG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Blackstone Secured Lending Fund or TPG?
Blackstone Secured Lending Fund has the higher yield at 13.11%, compared with 5.03% for TPG.
Are Blackstone Secured Lending Fund and TPG in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.