Sixth Street Specialty Lending (TSLX) Tax Rate (2021 - 2026)
Sixth Street Specialty Lending's (TSLX) quarterly Tax Rate came in at 9.42% in Q1 2026, up 429.0% year-on-year from 1.78% in Q1 2025, and up 46.29% quarter-over-quarter from 6.44% in Q4 2025.
Sixth Street Specialty Lending (TSLX) Tax Rate (2021 - 2026) Analysis & Trends
Sixth Street Specialty Lending has disclosed Tax Rate across 6 years of filings, most recently posting 9.42% for Q1 2026.
- Tax Rate for Q1 2026 came in at 9.42%, up 429.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.16% (up 491.0% YoY), and the FY2025 annual result was 6.2%, up 444.0% from the prior year.
- Tax Rate came in at 9.42% for Q1 2026 at Sixth Street Specialty Lending, up from 6.44% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 9.42% in Q1 2026 to a low of 2.93% in Q4 2022.
- The 5-year median for Tax Rate is 1.8% (2022), against an average of 2.77%.
- Across the five-year window, Tax Rate sank 211 bps in 2022 and jumped 539 bps in 2025, its largest moves.
- Sixth Street Specialty Lending's Tax Rate stood at 2.93% in 2022, then surged by 136 bps to 1.06% in 2023, then jumped by 87 bps to 1.99% in 2024, then jumped by 223 bps to 6.44% in 2025, then jumped by 46 bps to 9.42% in 2026.
- The last three Tax Rate figures came in at 9.42% (Q1 2026), 6.44% (Q4 2025), and 6.65% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 18.16 |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 13.55 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 40.05 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 598.59 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 21.16 |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 20.02 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 24.99 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 19.13 |
| 10 | Sixth Street Specialty Lending | - | - | 92.60 Mn | 9.42 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.42% |
| Mar 31, 2026 | 9.42% |
| Dec 31, 2025 | 6.44% |
| Dec 31, 2025 | 6.44% |
| Sep 30, 2025 | 6.65% |
| Sep 30, 2025 | 6.65% |
| Jun 30, 2025 | 6.98% |
| Jun 30, 2025 | 6.98% |
| Mar 31, 2025 | 5.12% |
| Mar 31, 2025 | 5.12% |
| Dec 31, 2024 | 1.99% |
| Dec 31, 2024 | 1.99% |
| Sep 30, 2024 | 1.25% |
| Sep 30, 2024 | 1.25% |
| Jun 30, 2024 | 2.17% |
| Jun 30, 2024 | 2.17% |
| Mar 31, 2024 | 1.60% |
| Mar 31, 2024 | 1.60% |
| Dec 31, 2023 | 1.06% |
| Dec 31, 2023 | 1.06% |