TSLX · Sixth Street Specialty Lending, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | $63.93M | $65.74M | $64.97M | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | - | - | - | - | - | - | $55.62M | $56.37M | $53.21M | - |
| Interest Expense | $23.40M | - | $23.39M | $26.03M | $26.78M | - | $24.78M | $39.23M | $39.03M | - |
| Income Tax | - | - | - | - | - | - | $698.0K | $1.23M | $850.0K | - |
| Net Income | ($26.02M) | - | $44.60M | $59.00M | $47.52M | - | $40.66M | $47.40M | $47.52M | - |
| EPS - Basic | ($0.27) | - | $0.47 | $0.63 | $0.39 | - | $0.44 | $0.51 | $0.53 | - |
| EPS - Diluted | ($0.27) | - | $0.47 | $0.63 | $0.39 | - | $0.44 | $0.51 | $0.53 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $29.18M | $19.66M | $83.16M | $39.17M | $47.27M | $27.33M | $29.73M | $34.65M | $35.89M | $25.20M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $3.39B | $3.42B | $3.51B | $3.42B | $3.50B | $3.58B | $3.53B | $3.39B | $3.45B | $3.34B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $1.80B | $1.74B | $1.83B | $1.73B | $1.84B | $1.90B | $1.87B | $1.71B | $1.80B | $1.78B |
| Total Liabilities | $1.85B | $1.81B | $1.89B | $1.80B | $1.90B | $1.97B | $1.93B | $1.79B | $1.87B | $1.85B |
| Stockholders' Equity | $1.54B | $1.61B | $1.62B | $1.62B | $1.60B | $1.61B | $1.60B | $1.60B | $1.58B | $1.50B |
| Retained Earnings | $11.11M | $81.64M | $91.70M | $95.16M | $85.02M | $97.71M | $90.50M | $98.21M | $99.03M | $100.78M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($23.35M) | - | - | - | $149.92M | - | - | - | ($65.54M) | - |
| Investing Cash Flow | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $32.87M | - | - | - | ($129.98M) | - | - | - | $76.23M | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | 1.7% | 2.5% | 1.8% | - |
| Return on assets | -0.8% | - | 1.3% | 1.7% | 1.4% | - | 1.2% | 1.4% | 1.4% | - |
| Return on equity | -1.7% | - | 2.8% | 3.6% | 3.0% | - | 2.5% | 3.0% | 3.0% | - |
| Return on invested capital | - | - | - | - | - | - | 1.6% | 1.7% | 1.5% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 1.17 | 1.08 | 1.13 | 1.07 | 1.15 | 1.18 | 1.17 | 1.07 | 1.14 | 1.19 |
| Debt / Assets | 0.53 | 0.51 | 0.52 | 0.51 | 0.53 | 0.53 | 0.53 | 0.51 | 0.52 | 0.53 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | 2.2x | 1.4x | 1.4x | - |
| Equity multiplier | 2.20 | 2.13 | 2.17 | 2.11 | 2.18 | 2.23 | 2.21 | 2.12 | 2.18 | 2.23 |
| Liabilities / Assets | 0.55 | 0.53 | 0.54 | 0.53 | 0.54 | 0.55 | 0.55 | 0.53 | 0.54 | 0.55 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | 48.6x | 37.8x | 57.4x | - | 46.7x | 41.9x | 40.4x | - |
| P / B | 1.1x | - | 1.3x | 1.4x | 1.3x | - | 1.2x | 1.2x | 1.2x | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | 10.2% | 13.5% | 22.7% | - |
| Net income growth (YoY) | - | - | 9.7% | 24.5% | 0.0% | - | -37.3% | - | -10.3% | - |
| EPS growth (YoY) | - | - | 6.8% | 23.5% | -26.4% | - | 2.3% | -19.0% | -18.5% | - |
| EPS CAGR (3y) | - | - | -12.4% | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -3.7% | 0.0% | 1.4% | 1.2% | 1.2% | 7.4% | 7.5% | 9.5% | 16.7% | 11.5% |
Dividends
$1.93/share trailing 12 months · -7.2% YoY
| Ex-date | Per share |
|---|---|
| Mar 16, 2026 | $0.4600 |
| Feb 27, 2026 | $0.0100 |
| Dec 15, 2025 | $0.4600 |
| Nov 28, 2025 | $0.0300 |
| Sep 15, 2025 | $0.4600 |
| Aug 29, 2025 | $0.0500 |
| Jun 16, 2025 | $0.4600 |
| May 30, 2025 | $0.0600 |
| Mar 14, 2025 | $0.4600 |
| Feb 28, 2025 | $0.0700 |
| Dec 16, 2024 | $0.4600 |
| Nov 29, 2024 | $0.0500 |
| Sep 16, 2024 | $0.4600 |
| Aug 30, 2024 | $0.0600 |
| Jun 14, 2024 | $0.4600 |
| May 31, 2024 | $0.0600 |
| Mar 14, 2024 | $0.4600 |
| Feb 28, 2024 | $0.0800 |
| Dec 14, 2023 | $0.4600 |
| Nov 29, 2023 | $0.0700 |
| Sep 14, 2023 | $0.4600 |
| Aug 30, 2023 | $0.0600 |
| Jun 14, 2023 | $0.4600 |
| May 30, 2023 | $0.0400 |