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

Sixth Street Specialty Lending (TSLX) reported FCF Margin of 25.01% for Q1 2026, down 15386.0% on a YoY basis from N/an in Q1 2025, and down 136.53% sequentially from 68.45% in Q4 2025.

Sixth Street Specialty Lending (TSLX) FCF Margin (2023 - 2026) Analysis & Trends

Sixth Street Specialty Lending (TSLX) has 4 years of FCF Margin data on file, last reported at 25.01% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 15386.0% year-over-year to 25.01%; the trailing twelve-month figure through Mar 2026 stood at 53.58% (up 1825.0% YoY), and the FY2025 full-year result was 89.43%, up 9885.0% from the prior year.
  • FCF Margin slipped to 25.01% in Q1 2026, from 68.45% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 167.98% in Q2 2025 to a low of 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.
  • Across the five-year window, FCF Margin soared 20792 bps in 2024 and tumbled 15386 bps in 2026, its largest moves.
  • Tracing TSLX's FCF Margin over 4 years: 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 plunged by 137 bps to 25.01% in 2026.
  • Business Quant data shows TSLX's FCF Margin at 25.01% in Q1 2026, 68.45% in Q4 2025, and 14.28% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - -16.21%
3 Blackstone 97.77 Bn 96.72 Bn - 26.47%
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 746.54%
5 State Street 51.30 Bn 51.30 Bn - -327.00%
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 8.80%
7 Northern Trust 32.93 Bn 32.93 Bn - -24.56%
8 Raymond James Financial 32.59 Bn 17.67 Bn - 27.31%
9 Price T Rowe 24.70 Bn 21.13 Bn - 41.05%
10 Sixth Street Specialty Lending 1.26 Bn 1.24 Bn 92.60 Mn -25.01%

Historic Data

Download Data
DateValue
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%