Sixth Street Specialty Lending (TSLX) Free Cash Flow (2021 - 2026)
Sixth Street Specialty Lending recorded quarterly Free Cash Flow of -$23.4 million in Q1 2026, down 131.52% quarter-over-quarter from $74.1 million in Q4 2025, and down 115.58% year-over-year from $149.9 million in Q1 2025.
Sixth Street Specialty Lending's Free Cash Flow history runs 6 years deep, the most recent figure standing at -$23.4 million for Q1 2026.
- In Q1 2026, Free Cash Flow fell 115.58% year-over-year to -$23.4 million; the TTM figure through Mar 2026 stood at $228.3 million (up 34.32% YoY), while the FY2025 annual figure was $401.6 million, up 982.76% from the prior year.
- Free Cash Flow came in at -$23.4 million for Q1 2026 at Sixth Street Specialty Lending, down from $74.1 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $193.2 million in Q2 2025 to a low of -$244.1 million in Q3 2022.
- A 5-year average of -$7.6 million and a median of -$23.4 million in 2026 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow slumped 303.2% in 2024 and soared 341.14% in 2025, its largest moves.
- Sixth Street Specialty Lending's Free Cash Flow stood at $54.3 million in 2022, then slumped by 260.01% to -$86.9 million in 2023, then soared by 64.63% to -$30.7 million in 2024, then jumped by 341.14% to $74.1 million in 2025, then plunged by 131.52% to -$23.4 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$23.4 million, $74.1 million, and -$15.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | -1.09 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 957.64 Mn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 1.72 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 332.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 1.62 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | -12.41 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 430.00 Mn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | -329.40 Mn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 390.87 Mn |
| 10 | Sixth Street Specialty Lending | - | - | 92.60 Mn | -23.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.35 Mn |
| Mar 31, 2026 | -23.35 Mn |
| Dec 31, 2025 | 74.09 Mn |
| Dec 31, 2025 | 74.09 Mn |
| Sep 30, 2025 | -15.63 Mn |
| Sep 30, 2025 | -15.63 Mn |
| Jun 30, 2025 | 193.20 Mn |
| Jun 30, 2025 | 193.20 Mn |
| Mar 31, 2025 | 149.92 Mn |
| Mar 31, 2025 | 149.92 Mn |
| Dec 31, 2024 | -30.73 Mn |
| Dec 31, 2024 | -30.73 Mn |
| Sep 30, 2024 | -74.50 Mn |
| Sep 30, 2024 | -74.50 Mn |
| Jun 30, 2024 | 125.27 Mn |
| Jun 30, 2024 | 125.27 Mn |
| Mar 31, 2024 | -65.54 Mn |
| Mar 31, 2024 | -65.54 Mn |
| Dec 31, 2023 | -86.87 Mn |
| Dec 31, 2023 | -86.87 Mn |
| Sep 30, 2023 | 36.66 Mn |
| Sep 30, 2023 | 36.66 Mn |
| Jun 30, 2023 | -113.08 Mn |
| Jun 30, 2023 | -113.08 Mn |
| Mar 31, 2023 | -73.50 Mn |
| Mar 31, 2023 | -73.50 Mn |
| Dec 31, 2022 | 54.29 Mn |
| Dec 31, 2022 | 54.29 Mn |
| Sep 30, 2022 | -244.10 Mn |
| Sep 30, 2022 | -244.10 Mn |
| Jun 30, 2022 | -115.88 Mn |
| Jun 30, 2022 | -115.88 Mn |
| Mar 31, 2022 | 81.15 Mn |
| Mar 31, 2022 | 81.15 Mn |
| Dec 31, 2021 | -73.46 Mn |
| Dec 31, 2021 | -73.46 Mn |