Sixth Street Specialty Lending (TSLX) FCF Payout Ratio (2021 - 2026)
Sixth Street Specialty Lending's (TSLX) quarterly FCF Payout Ratio came in at 1.67 in Q1 2026, down 679.87% year-on-year from 0.29 in Q1 2025, and down 395.15% quarter-over-quarter from 0.57 in Q4 2025.
Sixth Street Specialty Lending (TSLX) FCF Payout Ratio (2021 - 2026) Analysis & Trends
Sixth Street Specialty Lending has disclosed FCF Payout Ratio across 6 years of filings, most recently posting 1.67 for Q1 2026.
- FCF Payout Ratio for Q1 2026 came in at 1.67, down 679.87% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.76 (down 28.88% YoY), and the FY2025 annual result was 0.42, up 111.44% from the prior year.
- FCF Payout Ratio came in at 1.67 for Q1 2026 at Sixth Street Specialty Lending, down from 0.57 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 1.24 in Q3 2023 to a low of 2.72 in Q3 2025.
- The 5-year median for FCF Payout Ratio is 0.3 (2022), against an average of 0.31.
- Across the five-year window, FCF Payout Ratio surged 987.93% in 2023 and slumped 679.87% in 2026, its largest moves.
- Sixth Street Specialty Lending's FCF Payout Ratio stood at 0.54 in 2022, then sank by 185.81% to 0.47 in 2023, then slumped by 182.97% to 1.32 in 2024, then jumped by 142.8% to 0.57 in 2025, then slumped by 395.15% to 1.67 in 2026.
- The last three FCF Payout Ratio figures came in at 1.67 (Q1 2026), 0.57 (Q4 2025), and 2.72 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | - |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 0.37 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 0.10 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 0.18 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | -0.02 |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 0.34 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | -0.45 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 0.10 |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 0.21 |
| 10 | Sixth Street Specialty Lending | - | - | 92.60 Mn | -1.67 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |