Sixth Street Specialty Lending (TSLX) FCF Margin (2023 - 2026)
Sixth Street Specialty Lending (TSLX) posted FCF Margin of 25.01% for Q1 2026, down 136.53% sequentially from 68.45% in Q4 2025, and down 15386.0% YoY from N/an in Q1 2025.
Sixth Street Specialty Lending (TSLX) FCF Margin (2023 - 2026) Analysis & Trends
Sixth Street Specialty Lending has reported FCF Margin for 4 years, with the latest figure at 25.01% in Q1 2026.
- Quarterly FCF Margin fell 15386.0% year-over-year to 25.01% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 53.58% (up 1825.0% YoY) and the FY2025 annual result came in at 89.43%, up 9885.0% from the prior year.
- FCF Margin slipped to 25.01% in Q1 2026 per TSLX's latest filing, from 68.45% in the prior quarter.
- Over five years, FCF Margin peaked at 167.98% in Q2 2025 and troughed at 105.09% in Q2 2023.
- A 4-year average of 4.92% and a median of 24.84% in 2024 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2024 and 2026: FCF Margin surged 20792 bps in 2024, then sank 15386 bps in 2026.
- Over 4 years, FCF Margin stood at 72.67% in 2023, then jumped by 66 bps to 24.84% in 2024, then jumped by 376 bps to 68.45% in 2025, then tumbled by 137 bps to 25.01% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 25.01%, 68.45%, and 14.28% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.55 Bn | 165.68 Bn | - | 15.78% |
| 2 | Blackstone | 114.86 Bn | 112.36 Bn | - | 37.86% |
| 3 | Kkr | 97.27 Bn | -179.80 Bn | - | 55.96% |
| 4 | Brookfield | 93.37 Bn | 45.97 Bn | - | - |
| 5 | Brookfield Asset Management | 83.51 Bn | 82.01 Bn | - | 30.52% |
| 6 | Apollo Global Management | 78.50 Bn | 53.13 Bn | 10.54 Bn | 25.83% |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | -74.14% |
| 8 | Ameriprise Financial | 51.25 Bn | 40.20 Bn | 4.72 Bn | 56.83% |
| 9 | Raymond James Financial | 34.07 Bn | 20.82 Bn | - | -7.06% |
| 10 | Sixth Street Specialty Lending | 1.79 Bn | 1.59 Bn | 97.48 Mn | 69.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 69.86% |
| Mar 31, 2026 | -25.01% |
| Dec 31, 2025 | 68.45% |
| Sep 30, 2025 | -14.28% |
| Jun 30, 2025 | 167.98% |
| Mar 31, 2025 | 128.85% |
| Dec 31, 2024 | -24.84% |
| Sep 30, 2024 | -62.48% |
| Jun 30, 2024 | 102.83% |
| Mar 31, 2024 | -55.64% |
| Dec 31, 2023 | -72.67% |
| Sep 30, 2023 | 32.04% |
| Jun 30, 2023 | -105.09% |
| Mar 31, 2023 | -76.17% |