Sixth Street Specialty Lending (TSLX) EBITDA (2020 - 2026)
Sixth Street Specialty Lending recorded quarterly EBITDA of $41.0 million in Q1 2026, down 20.76% quarter-over-quarter from $51.8 million in Q4 2025, and down 30.82% year-over-year from $59.3 million in Q1 2025.
Sixth Street Specialty Lending's EBITDA history runs 7 years deep, the most recent figure standing at $41.0 million for Q1 2026.
- In Q1 2026, EBITDA fell 30.82% year-over-year to $41.0 million; the TTM figure through Mar 2026 stood at $197.0 million (down 14.36% YoY), while the FY2025 annual figure was $215.3 million, down 3.86% from the prior year.
- EBITDA came in at $41.0 million for Q1 2026 at Sixth Street Specialty Lending, down from $51.8 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $93.0 million in Q4 2023 to a low of $41.0 million in Q1 2026.
- A 5-year average of $61.3 million and a median of $56.4 million in 2024 frame the typical range for EBITDA.
- Across the five-year window, EBITDA surged 53.41% in 2023 and plunged 36.84% in 2024, its largest moves.
- Sixth Street Specialty Lending's EBITDA stood at $68.8 million in 2022, then jumped by 35.15% to $93.0 million in 2023, then slumped by 36.84% to $58.8 million in 2024, then decreased by 11.84% to $51.8 million in 2025, then decreased by 20.76% to $41.0 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered $41.0 million, $51.8 million, and $52.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 2.81 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 1.59 Bn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 1.99 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 733.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 79.00 Mn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 2.79 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 901.00 Mn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 2.28 Bn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 363.68 Mn |
| 10 | Sixth Street Specialty Lending | - | - | 92.60 Mn | 41.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 41.05 Mn |
| Dec 31, 2025 | 51.80 Mn |
| Sep 30, 2025 | 52.05 Mn |
| Jun 30, 2025 | 52.13 Mn |
| Mar 31, 2025 | 59.33 Mn |
| Dec 31, 2024 | 58.76 Mn |
| Sep 30, 2024 | 55.62 Mn |
| Jun 30, 2024 | 56.37 Mn |
| Mar 31, 2024 | 53.21 Mn |
| Dec 31, 2023 | 93.03 Mn |
| Sep 30, 2023 | 85.50 Mn |
| Jun 30, 2023 | 82.13 Mn |
| Mar 31, 2023 | 71.84 Mn |
| Dec 31, 2022 | 68.84 Mn |
| Sep 30, 2022 | 56.39 Mn |
| Jun 30, 2022 | 53.54 Mn |
| Mar 31, 2022 | 50.49 Mn |
| Dec 31, 2021 | 51.64 Mn |
| Sep 30, 2021 | 64.81 Mn |
| Jun 30, 2021 | 58.35 Mn |
| Mar 31, 2021 | 56.65 Mn |
| Dec 31, 2020 | 53.48 Mn |