Sixth Street Specialty Lending (TSLX) EBITDA (2020 - 2026)
Sixth Street Specialty Lending (TSLX) reported EBITDA of $41.0 million for Q1 2026, down 29.2% on a YoY basis from $58.0 million in Q1 2025, and down 18.72% sequentially from $50.5 million in Q4 2025.
Sixth Street Specialty Lending (TSLX) EBITDA (2020 - 2026) Analysis & Trends
Sixth Street Specialty Lending (TSLX) has 7 years of EBITDA data on file, last reported at $41.0 million in Q1 2026.
- For the quarter ending Q1 2026, EBITDA fell 29.2% year-over-year to $41.0 million; the trailing twelve-month figure through Mar 2026 stood at $193.1 million (down 14.43% YoY), and the FY2025 full-year result was $210.0 million, down 6.24% from the prior year.
- EBITDA fell to $41.0 million in Q1 2026, from $50.5 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $61.7 million in Q4 2022 to a low of $41.0 million in Q1 2026.
- A 5-year average of $52.1 million and a median of $52.4 million in 2024 frame the typical range for EBITDA.
- Across the five-year window, EBITDA grew 21.95% in 2024 and declined 29.2% in 2026, its largest moves.
- Tracing TSLX's EBITDA over 5 years: stood at $61.7 million in 2022, then retreated by 11.4% to $54.7 million in 2023, then rose by 5.31% to $57.6 million in 2024, then slipped by 12.31% to $50.5 million in 2025, then retreated by 18.72% to $41.0 million in 2026.
- Business Quant data shows TSLX's EBITDA at $41.0 million in Q1 2026, $50.5 million in Q4 2025, and $50.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,251.90 Bn | 1,207.31 Bn | 18.56 Bn | 32.70 Bn |
| 2 | BlackRock | 163.76 Bn | 150.62 Bn | - | 2.81 Bn |
| 3 | Blackstone | 101.88 Bn | 99.43 Bn | - | 1.59 Bn |
| 4 | Apollo Global Management | 73.13 Bn | 73.13 Bn | -409.00 Mn | 54.00 Mn |
| 5 | State Street | 51.60 Bn | 51.60 Bn | - | 2.75 Bn |
| 6 | Ameriprise Financial | 49.37 Bn | 40.10 Bn | 4.57 Bn | 901.00 Mn |
| 7 | Northern Trust | 33.59 Bn | 33.59 Bn | - | 2.28 Bn |
| 8 | Raymond James Financial | 33.19 Bn | 18.22 Bn | - | 1.22 Bn |
| 9 | Price T Rowe | 25.41 Bn | 21.68 Bn | - | 680.50 Mn |
| 10 | Sixth Street Specialty Lending | 1.58 Bn | 1.56 Bn | 92.60 Mn | 41.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 41.05 Mn |
| Dec 31, 2025 | 50.50 Mn |
| Sep 30, 2025 | 50.68 Mn |
| Jun 30, 2025 | 50.84 Mn |
| Mar 31, 2025 | 57.98 Mn |
| Dec 31, 2024 | 57.59 Mn |
| Sep 30, 2024 | 54.93 Mn |
| Jun 30, 2024 | 55.14 Mn |
| Mar 31, 2024 | 52.36 Mn |
| Dec 31, 2023 | 54.68 Mn |
| Sep 30, 2023 | 49.99 Mn |
| Jun 30, 2023 | 48.78 Mn |
| Mar 31, 2023 | 42.94 Mn |
| Dec 31, 2022 | 61.72 Mn |
| Sep 30, 2022 | 56.67 Mn |
| Jun 30, 2022 | 53.54 Mn |
| Mar 31, 2022 | 45.82 Mn |
| Dec 31, 2021 | 57.63 Mn |
| Sep 30, 2021 | 64.81 Mn |
| Mar 31, 2021 | 56.65 Mn |