Sixth Street Specialty Lending (TSLX) Tax Rate (2021 - 2026)
Sixth Street Specialty Lending recorded quarterly Tax Rate of 9.42% in Q1 2026, up 46.29% quarter-over-quarter from 6.44% in Q4 2025, and up 429.0% year-over-year from 1.78% in Q1 2025.
Sixth Street Specialty Lending's Tax Rate history runs 6 years deep, the most recent figure standing at 9.42% for Q1 2026.
- In Q1 2026, Tax Rate rose 429.0% year-over-year to 9.42%; the TTM figure through Mar 2026 stood at 7.16% (up 491.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 2.77% and a median of 1.8% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 211 bps in 2022 and surged 539 bps in 2025, its largest moves.
- Sixth Street Specialty Lending's Tax Rate stood at 2.93% in 2022, then soared by 136 bps to 1.06% in 2023, then surged by 87 bps to 1.99% in 2024, then surged by 223 bps to 6.44% in 2025, then surged by 46 bps to 9.42% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 9.42%, 6.44%, and 6.65% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 18.16 |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 13.55 |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 40.05 |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 15.80 |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 598.59 |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 21.16 |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 20.02 |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 24.99 |
| 9 | Ares Management | 28.85 Bn | 32.22 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 |
| Sep 30, 2023 | 0.91 |
| Sep 30, 2023 | 0.91 |
| Jun 30, 2023 | 1.82 |
| Jun 30, 2023 | 1.82 |
| Mar 31, 2023 | 0.95 |
| Mar 31, 2023 | 0.95 |
| Dec 31, 2022 | -2.93 |
| Dec 31, 2022 | -2.93 |
| Sep 30, 2022 | 0.95 |
| Sep 30, 2022 | 0.95 |
| Jun 30, 2022 | 1.80 |
| Jun 30, 2022 | 1.80 |
| Mar 31, 2022 | 0.86 |
| Mar 31, 2022 | 0.86 |
| Dec 31, 2021 | -0.83 |
| Dec 31, 2021 | -0.83 |
| Sep 30, 2021 | 0.19 |
| Sep 30, 2021 | 0.19 |