Sixth Street Specialty Lending (TSLX) FCF Payout Ratio (2021 - 2026)
Sixth Street Specialty Lending (TSLX) posted FCF Payout Ratio of 1.67 for Q1 2026, down 395.15% sequentially from 0.57 in Q4 2025, and down 679.87% YoY from 0.29 in Q1 2025.
Sixth Street Specialty Lending (TSLX) FCF Payout Ratio (2021 - 2026) Analysis & Trends
Sixth Street Specialty Lending has reported FCF Payout Ratio for 6 years, with the latest figure at 1.67 in Q1 2026.
- Quarterly FCF Payout Ratio fell 679.87% year-over-year to 1.67 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.76 (down 28.88% YoY) and the FY2025 annual result came in at 0.42, up 111.44% from the prior year.
- FCF Payout Ratio retreated to 1.67 in Q1 2026 per TSLX's latest filing, from 0.57 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 1.24 in Q3 2023 and troughed at 2.72 in Q3 2025.
- A 5-year average of 0.31 and a median of 0.3 in 2022 frame the typical range for FCF Payout Ratio.
- The sharpest annual moves came in 2023 and 2026: FCF Payout Ratio jumped 987.93% in 2023, then slumped 679.87% in 2026.
- Over 5 years, FCF Payout Ratio stood at 0.54 in 2022, then plunged by 187.01% to 0.47 in 2023, then slumped by 182.97% to 1.32 in 2024, then soared by 142.8% to 0.57 in 2025, then slumped by 395.15% to 1.67 in 2026.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 1.67, 0.57, and 2.72 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 0.83 |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 0.80 |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 0.05 |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 1.50 |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 0.11 |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | -0.10 |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 0.05 |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | -0.34 |
| 10 | Sixth Street Specialty Lending | 1.79 Bn | 1.59 Bn | 97.48 Mn | 0.50 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.50 |
| Mar 31, 2026 | -1.67 |
| Dec 31, 2025 | 0.57 |
| Sep 30, 2025 | -2.72 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | -1.32 |
| Sep 30, 2024 | -0.65 |
| Jun 30, 2024 | 0.38 |
| Mar 31, 2024 | -0.75 |
| Dec 31, 2023 | -0.47 |
| Sep 30, 2023 | 1.24 |
| Jun 30, 2023 | -0.38 |
| Mar 31, 2023 | -0.61 |
| Dec 31, 2022 | 0.54 |
| Sep 30, 2022 | -0.14 |
| Jun 30, 2022 | -0.30 |
| Mar 31, 2022 | 0.49 |
| Dec 31, 2021 | -1.34 |