TSLX
Sixth Street Specialty Lending Inc
NYSE: TSLX · FINANCIAL SERVICES · ASSET MANAGEMENT
$18.94
-0.37% today
Updated 2026-04-29
Market cap
$1.80B
P/E ratio
10.46
P/S ratio
4.01x
EPS (TTM)
$1.81
Dividend yield
10.80%
52W range
$17 – $23
Volume
1.1M
Sixth Street Specialty Lending Inc (TSLX) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.89M | $40.67M | $66.46M | $92.68M | $84.33M | $154.04M | $128.86M | $135.18M | $171.37M | $198.35M | $223.96M | $187.16M | $369.80M | $359.74M | $360.21M |
| Revenue growth (YoY) | — | +732.2% | +63.4% | +39.5% | -9.0% | +82.7% | -16.3% | +4.9% | +26.8% | +15.7% | +12.9% | -16.4% | +97.6% | -2.7% | +0.1% |
| Cost of revenue | $2.70M | $21.90M | $35.60M | $51.21M | $-1.54M | $-1.06M | $-1.38M | $-5.84M | $106.42M | $65.01M | $83.46M | $50.66M | $96.39M | $106.77M | $97.82M |
| Gross profit | $4.89M | $40.67M | $66.46M | $92.68M | $84.33M | $155.09M | $130.24M | $141.02M | $171.37M | $198.35M | $223.96M | $136.49M | $273.41M | $252.97M | $262.39M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.7% | 101.1% | 104.3% | 100.0% | 100.0% | 100.0% | 72.9% | 73.9% | 70.3% | 72.8% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $4.08M | $4.73M | $6.41M | $8.95M | $13.38M | $13.22M | $10.66M | $12.85M | $13.04M | $12.86M | $13.56M | $13.36M | $13.41M | $13.95M | $14.65M |
| Operating income | $1.61M | $45.66M | $77.65M | $101.27M | $80.97M | $160.33M | $138.05M | $159.31M | $158.33M | $183.87M | $212.16M | $111.24M | $223.83M | $193.12M | $192.89M |
| Operating margin | 33.0% | 112.3% | 116.8% | 109.3% | 96.0% | 104.1% | 107.1% | 117.9% | 92.4% | 92.7% | 94.7% | 59.4% | 60.5% | 53.7% | 53.5% |
| EBITDA | $1.61M | $45.66M | $77.65M | $101.27M | $80.97M | $160.33M | $138.05M | $159.31M | $158.33M | $158.16M | $200.08M | $111.24M | $223.83M | $193.12M | $230.75M |
| EBITDA margin | 33.0% | 112.3% | 116.8% | 109.3% | 96.0% | 104.1% | 107.1% | 117.9% | 92.4% | 79.7% | 89.3% | 59.4% | 60.5% | 53.7% | 64.1% |
| EBIT | $1.61M | $45.66M | $77.65M | $101.27M | $80.97M | $160.33M | $138.05M | $159.31M | $158.33M | $183.87M | $212.16M | $-134.05M | $43.24M | $571.23M | — |
| Interest expense | $800000.00 | $6.02M | $10.47M | $15.08M | $15.90M | $21.09M | $23.61M | $42.76M | $49.11M | $37.04M | $40.41M | $50.66M | $96.39M | $106.77M | $105.56M |
| Income tax | — | $46000.00 | $199000.00 | $1.14M | $1.50M | $2.23M | $2.83M | $3.38M | $3.75M | $5.76M | $384000.00 | $3.18M | $1.81M | $6.55M | $520.00M |
| Effective tax rate | 0.0% | 0.1% | 0.3% | 1.3% | 2.3% | 1.6% | 2.5% | 2.8% | 2.4% | 3.1% | 0.2% | 2.9% | 0.8% | 3.4% | 75.3% |
| Net income | $813000.00 | $39.59M | $66.98M | $85.05M | $63.57M | $137.01M | $111.61M | $119.02M | $154.58M | $178.11M | $211.78M | $108.05M | $222.02M | $186.57M | $170.52M |
| Net income growth (YoY) | — | +4770.2% | +69.2% | +27.0% | -25.3% | +115.5% | -18.5% | +6.6% | +29.9% | +15.2% | +18.9% | -49.0% | +105.5% | -16.0% | -8.6% |
| Profit margin | 16.6% | 97.4% | 100.8% | 91.8% | 75.4% | 88.9% | 86.6% | 88.0% | 90.2% | 89.8% | 94.6% | 57.7% | 60.0% | 51.9% | 47.3% |