Sixth Street Specialty Lending (TSLX) FCF Payout Ratio (2021 - 2026)

Sixth Street Specialty Lending (TSLX) reported FCF Payout Ratio of 1.67 for Q1 2026, down 679.87% on a YoY basis from 0.29 in Q1 2025, and down 395.15% sequentially from 0.57 in Q4 2025.

Sixth Street Specialty Lending (TSLX) FCF Payout Ratio (2021 - 2026) Analysis & Trends

Sixth Street Specialty Lending (TSLX) has 6 years of FCF Payout Ratio data on file, last reported at 1.67 in Q1 2026.

  • For the quarter ending Q1 2026, FCF Payout Ratio fell 679.87% year-over-year to 1.67; the trailing twelve-month figure through Mar 2026 stood at 0.76 (down 28.88% YoY), and the FY2025 full-year result was 0.42, up 111.44% from the prior year.
  • FCF Payout Ratio retreated to 1.67 in Q1 2026, 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.
  • A 5-year average of 0.31 and a median of 0.3 in 2022 frame the typical range for FCF Payout Ratio.
  • Across the five-year window, FCF Payout Ratio surged 987.93% in 2023 and plunged 679.87% in 2026, its largest moves.
  • Tracing TSLX's FCF Payout Ratio over 5 years: stood at 0.54 in 2022, then sank by 187.01% to 0.47 in 2023, then tumbled by 182.97% to 1.32 in 2024, then soared by 142.8% to 0.57 in 2025, then tumbled by 395.15% to 1.67 in 2026.
  • Business Quant data shows TSLX's FCF Payout Ratio at 1.67 in Q1 2026, 0.57 in Q4 2025, and 2.72 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - -0.90
3 Blackstone 97.77 Bn 96.72 Bn - 2.00
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 0.19
5 State Street 51.30 Bn 51.30 Bn - -0.02
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 0.34
7 Northern Trust 32.93 Bn 32.93 Bn - -0.45
8 Raymond James Financial 32.59 Bn 17.67 Bn - 0.10
9 Price T Rowe 24.70 Bn 21.13 Bn - 0.38
10 Sixth Street Specialty Lending 1.26 Bn 1.24 Bn 92.60 Mn -1.67

Historic Data

Download Data
DateValue
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