Sixth Street Specialty Lending (TSLX) EBITDA (2020 - 2026)
Sixth Street Specialty Lending's (TSLX) quarterly EBITDA came in at $41.0 million in Q1 2026, down 30.82% year-on-year from $59.3 million in Q1 2025, and down 20.76% quarter-over-quarter from $51.8 million in Q4 2025.
Sixth Street Specialty Lending (TSLX) EBITDA (2020 - 2026) Analysis & Trends
Sixth Street Specialty Lending has disclosed EBITDA across 7 years of filings, most recently posting $41.0 million for Q1 2026.
- EBITDA for Q1 2026 came in at $41.0 million, down 30.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $197.0 million (down 14.36% YoY), and the FY2025 annual result 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.
- The 5-year median for EBITDA is $56.4 million (2024), against an average of $61.3 million.
- Across the five-year window, EBITDA jumped 53.41% in 2023 and sank 36.84% in 2024, its largest moves.
- Sixth Street Specialty Lending's EBITDA stood at $68.8 million in 2022, then soared by 35.15% to $93.0 million in 2023, then tumbled by 36.84% to $58.8 million in 2024, then retreated by 11.84% to $51.8 million in 2025, then retreated by 20.76% to $41.0 million in 2026.
- The last three EBITDA figures came in at $41.0 million (Q1 2026), $51.8 million (Q4 2025), and $52.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 2.81 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 1.59 Bn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 1.99 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 79.00 Mn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 2.79 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 901.00 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 2.28 Bn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 524.00 Mn |
| 9 | Ares Management | 29.04 Bn | 32.41 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 |