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Growth Metrics

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

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DateValue
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