Sixth Street Specialty Lending (TSLX) EBIT Margin (2023 - 2026)

Sixth Street Specialty Lending's (TSLX) quarterly EBIT Margin came in at 43.95% in Q1 2026, down 704.0% year-on-year from 7.28% in Q1 2025, and down 8.16% quarter-over-quarter from 47.85% in Q4 2025.

Sixth Street Specialty Lending (TSLX) EBIT Margin (2023 - 2026) Analysis & Trends

Sixth Street Specialty Lending has disclosed EBIT Margin across 4 years of filings, most recently posting 43.95% for Q1 2026.

  • EBIT Margin for Q1 2026 came in at 43.95%, down 704.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 46.24% (down 158.0% YoY), and the FY2025 annual result was 47.95%, up 153.0% from the prior year.
  • EBIT Margin came in at 43.95% for Q1 2026 at Sixth Street Specialty Lending, down from 47.85% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 77.82% in Q4 2023 to a low of 43.95% in Q1 2026.
  • The 4-year median for EBIT Margin is 47.56% (2025), against an average of 55.74%.
  • Across the five-year window, EBIT Margin tumbled 3033 bps in 2024 and surged 581 bps in 2025, its largest moves.
  • Sixth Street Specialty Lending's EBIT Margin stood at 77.82% in 2023, then slumped by 39 bps to 47.5% in 2024, then increased by 1 bps to 47.85% in 2025, then slipped by 8 bps to 43.95% in 2026.
  • The last three EBIT Margin figures came in at 43.95% (Q1 2026), 47.85% (Q4 2025), and 47.56% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 42.01%
2 Blackstone 96.85 Bn 95.80 Bn - 44.01%
3 Kkr 86.45 Bn 133.96 Bn - 46.06%
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 1.56%
5 State Street 46.95 Bn 21.27 Bn - 73.37%
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 18.44%
7 Northern Trust 31.92 Bn 31.92 Bn - 170.02%
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - 26.04%
10 Sixth Street Specialty Lending - - 92.60 Mn 43.95%

Historic Data

Download Data
DateValue
Mar 31, 2026 43.95%
Dec 31, 2025 47.85%
Sep 30, 2025 47.56%
Jun 30, 2025 45.33%
Mar 31, 2025 50.99%
Dec 31, 2024 47.50%
Sep 30, 2024 46.66%
Jun 30, 2024 46.27%
Mar 31, 2024 45.18%
Dec 31, 2023 77.82%
Sep 30, 2023 74.71%
Jun 30, 2023 76.32%
Mar 31, 2023 74.44%