Sixth Street Specialty Lending (TSLX) Asset Utilization Ratio (2012 - 2026)
Sixth Street Specialty Lending's Asset Utilization Ratio came in at 0.11 for Q3 2026, down 15.4% from 0.13 a year earlier and down 3.8% from the prior quarter.
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Analysis
Sixth Street Specialty Lending (TSLX) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
For FY2025, Sixth Street Specialty Lending's Asset Utilization Ratio was 0.13, down 8.0% from FY2024.
- Going back by year, Asset Utilization Ratio was 0.14 in FY2024 (-1.7%) and 0.14 in FY2023.
- The Q3 2026 figure represents the lowest quarterly Asset Utilization Ratio in data going back to Q4 2023.
- Year-over-year, Asset Utilization Ratio has declined for six consecutive quarters, with an average decline of 5.6% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q4 2024 (growth of 0.9%), and the weakest in Q3 2026 (a decline of 15.4%).
- Business Quant data shows TSLX's Asset Utilization Ratio at 0.12 (Q2 2026), 0.13 (Q1 2026) and 0.13 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | 0.19 |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | 0.13 |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | 0.39 |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | 0.01 |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | 0.19 |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | 0.28 |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 0.16 |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | 0.02 |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | 0.10 |
| 10 | Sixth Street Specialty Lending | 1.70 Bn | 1.42 Bn | - | 0.11 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.11 |
| Jun 30, 2026 | 0.12 |
| Mar 31, 2026 | 0.13 |
| Dec 31, 2025 | 0.13 |
| Sep 30, 2025 | 0.13 |
| Jun 30, 2025 | 0.14 |
| Mar 31, 2025 | 0.14 |
| Dec 31, 2024 | 0.14 |
| Sep 30, 2024 | 0.14 |
| Jun 30, 2024 | 0.14 |
| Mar 31, 2024 | 0.14 |
| Dec 31, 2023 | 0.13 |
| Sep 30, 2023 | 0.10 |
| Jun 30, 2023 | 0.07 |
| Mar 31, 2023 | 0.03 |
| Dec 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.00 |
| Sep 30, 2017 | 0.01 |
| Jun 30, 2017 | 0.00 |
| Sep 30, 2016 | 0.01 |
API Access
Sixth Street Specialty Lending Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TSLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TSLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TSLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();