Sixth Street Specialty Lending (TSLX) EBT Margin (2023 - 2026)
Sixth Street Specialty Lending's (TSLX) quarterly EBT Margin came in at 13.69% in Q1 2026, down 896.0% year-on-year from 1.72% in Q1 2025, and down 26.79% quarter-over-quarter from 18.7% in Q4 2025.
Sixth Street Specialty Lending (TSLX) EBT Margin (2023 - 2026) Analysis & Trends
Sixth Street Specialty Lending has disclosed EBT Margin across 4 years of filings, most recently posting 13.69% for Q1 2026.
- EBT Margin for Q1 2026 came in at 13.69%, down 896.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.94% (down 2403.0% YoY), and the FY2025 annual result 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.
- The 4-year median for EBT Margin is 44.92% (2023), against an average of 35.16%.
- Across the five-year window, EBT Margin surged 256 bps in 2024 and sank 3020 bps in 2025, its largest moves.
- Sixth Street Specialty Lending's EBT Margin stood at 46.24% in 2023, then grew by 3 bps to 47.5% in 2024, then tumbled by 61 bps to 18.7% in 2025, then dropped by 27 bps to 13.69% in 2026.
- The last three EBT Margin figures came in at 13.69% (Q1 2026), 18.7% (Q4 2025), and 18.89% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 42.43% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 40.22% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 10.72% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 5.59% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 25.53% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 23.41% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 52.23% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 22.41% |
| 10 | Sixth Street Specialty Lending | - | - | 92.60 Mn | 13.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |