Sixth Street Specialty Lending (TSLX) Tax Rate (2021 - 2024)
Sixth Street Specialty Lending's Tax Rate was 1.99% in Q4 2024, up 0.93 percentage points from 1.06% a year earlier and up 0.74 percentage points from the prior quarter.
Sixth Street Specialty Lending (TSLX) Tax Rate (2021 - 2024) Analysis & Trends
For FY2024, Tax Rate at Sixth Street Specialty Lending came in at 1.76%, up 0.57 percentage points from FY2023.
- Tax Rate shows a four-year change of -2.01 percentage points (FY2020 to FY2024).
- In earlier years, Tax Rate was 1.19% in FY2023 (-0.36 pp), 1.55% in FY2022 (+1.28 pp), 0.27% in FY2021 (-3.50 pp) and 3.77% in FY2020.
- Quarterly Tax Rate has moved between -0.75% (Q4 2021) and 2.17% (Q2 2024) over five years.
- Compared with a year earlier, Tax Rate has increased for four straight quarters, with an average year-over-year change of +0.14 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q4 2022 (a gain of 2.92 percentage points); the worst was Q4 2023 (a drop of 1.10 percentage points).
- Per Business Quant data, TSLX's Tax Rate in the three quarters before Q4 2024 was 1.25% (Q3 2024), 2.17% (Q2 2024) and 1.60% (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 18.51% |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 30.92% |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 20.18% |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 25.38% |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 19.69% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 0.83% |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Sixth Street Specialty Lending | 1.72 Bn | 1.39 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 1.99% |
| Sep 30, 2024 | 1.25% |
| Jun 30, 2024 | 2.17% |
| Mar 31, 2024 | 1.60% |
| Dec 31, 2023 | 1.06% |
| Sep 30, 2023 | 0.91% |
| Jun 30, 2023 | 1.82% |
| Mar 31, 2023 | 0.95% |
| Dec 31, 2022 | 2.17% |
| Sep 30, 2022 | 0.95% |
| Jun 30, 2022 | 1.80% |
| Mar 31, 2022 | 0.97% |
| Sep 30, 2021 | 0.28% |
Sixth Street Specialty Lending Tax Rate 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=tax-rate&ticker=TSLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=TSLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();