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| Date | Value |
|---|---|
| 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% |