Sixth Street Specialty Lending (TSLX) Price to Book (2021 - 2026)
Sixth Street Specialty Lending's (TSLX) Price to Book stood at 1.13 in Q1 2026, down 13.8% from 1.31 a year earlier and down 11.5% from the prior quarter.
Powered by 
Analysis
Sixth Street Specialty Lending (TSLX) Price to Book (2021 - 2026) Analysis & Trends
For FY2025, Sixth Street Specialty Lending's Price to Book came in at 1.28, up 3.1% from FY2024.
- Across earlier years, Price to Book came in at 1.24 in FY2024 (-2.1%), 1.27 in FY2023 (+17.4%), 1.08 in FY2022 (-22.3%) and 1.39 in FY2021 (+14.9%).
- The Q1 2026 figure is the lowest quarterly Price to Book since Q2 2023.
- On a year-over-year basis, Price to Book rose in four of the last seven quarters, with growth averaging 2.1%.
- Peak year-over-year performance for Price to Book in the last five years was growth of 20.6% in Q3 2023, against a decline of 22.7% in Q3 2022 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - |
| 10 | Sixth Street Specialty Lending | 1.72 Bn | 1.39 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.13 |
| Dec 31, 2025 | 1.28 |
| Jun 30, 2025 | 1.39 |
| Mar 31, 2025 | 1.31 |
| Dec 31, 2024 | 1.24 |
| Sep 30, 2024 | 1.20 |
| Jun 30, 2024 | 1.24 |
| Mar 31, 2024 | 1.25 |
| Dec 31, 2023 | 1.27 |
| Sep 30, 2023 | 1.20 |
| Jun 30, 2023 | 1.12 |
| Mar 31, 2023 | 1.10 |
| Dec 31, 2022 | 1.08 |
| Sep 30, 2022 | 1.00 |
| Jun 30, 2022 | 1.14 |
| Mar 31, 2022 | 1.38 |
| Dec 31, 2021 | 1.39 |
| Sep 30, 2021 | 1.29 |
API Access
Sixth Street Specialty Lending Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=TSLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "TSLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=TSLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();