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Growth Metrics

Sixth Street Specialty Lending (TSLX) EBT Margin (2023 - 2026)

Sixth Street Specialty Lending recorded quarterly EBT Margin of 13.69% in Q1 2026, down 26.79% quarter-over-quarter from 18.7% in Q4 2025, and down 896.0% year-over-year from 1.72% in Q1 2025.

Sixth Street Specialty Lending's EBT Margin history runs 4 years deep, the most recent figure standing at 13.69% for Q1 2026.

  • In Q1 2026, EBT Margin fell 896.0% year-over-year to 13.69%; the TTM figure through Mar 2026 stood at 16.94% (down 2403.0% YoY), while the FY2025 annual figure was 19.1%, down 2732.0% from the prior year.
  • EBT Margin came in at 13.69% for Q1 2026 at Sixth Street Specialty Lending, down from 18.7% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 47.5% in Q4 2024 to a low of 13.69% in Q1 2026.
  • A 4-year average of 35.16% and a median of 44.92% in 2023 frame the typical range for EBT Margin.
  • Across the five-year window, EBT Margin soared 256 bps in 2024 and plunged 3020 bps in 2025, its largest moves.
  • Sixth Street Specialty Lending's EBT Margin stood at 46.24% in 2023, then increased by 3 bps to 47.5% in 2024, then slumped by 61 bps to 18.7% in 2025, then declined by 27 bps to 13.69% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 13.69%, 18.7%, and 18.89% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 42.43%
2 Blackstone 92.68 Bn 91.63 Bn - 40.22%
3 Kkr 84.94 Bn 132.45 Bn - 10.72%
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 52.02%
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 5.59%
6 State Street 44.42 Bn 18.75 Bn - 25.53%
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 23.41%
8 Northern Trust 31.21 Bn 31.21 Bn - 52.23%
9 Ares Management 28.85 Bn 32.22 Bn - 22.41%
10 Sixth Street Specialty Lending - - 92.60 Mn 13.69%

Historic Data

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DateValue
Mar 31, 2026 13.69%
Dec 31, 2025 18.70%
Sep 30, 2025 18.89%
Jun 30, 2025 16.07%
Mar 31, 2025 22.65%
Dec 31, 2024 47.50%
Sep 30, 2024 46.66%
Jun 30, 2024 46.27%
Mar 31, 2024 45.18%
Dec 31, 2023 46.24%
Sep 30, 2023 44.09%
Jun 30, 2023 46.17%
Mar 31, 2023 44.92%