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
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%