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Growth Metrics

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

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DateValue
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