Sixth Street Specialty Lending Inc
NYSE:TSLX

Watchlist Manager
Sixth Street Specialty Lending Inc Logo
Sixth Street Specialty Lending Inc
NYSE:TSLX
Watchlist
Price: 21.87 USD -3.23% Market Closed
Market Cap: 2.1B USD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+62%
5Y
+69%
10Y
+164%
Operating Income
+
3Y
+51%
5Y
+59%
10Y
+133%
Net Income
+
3Y
+85%
5Y
+18%
10Y
+134%

Earnings Waterfall
Sixth Street Specialty Lending Inc

Revenue
464.5m USD
Cost of Revenue
-207.8m USD
Gross Profit
256.7m USD
Operating Expenses
-13.5m USD
Operating Income
243.2m USD
Other Expenses
-51.7m USD
Net Income
191.5m USD

Income Statement
Sixth Street Specialty Lending Inc

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Income Statement
Currency: USD
Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Revenue
51
N/A
65
+27%
75
+15%
83
+12%
93
+11%
105
+14%
130
+24%
145
+12%
163
+12%
168
+3%
167
0%
176
+5%
173
-1%
179
+3%
179
+0%
186
+4%
192
+3%
201
+4%
213
+6%
212
-1%
211
0%
218
+3%
225
+3%
236
+5%
262
+11%
257
-2%
253
-2%
260
+3%
252
-3%
265
+5%
273
+3%
274
+0%
270
-2%
270
0%
263
-3%
262
0%
279
+6%
280
+0%
281
+0%
287
+2%
309
+8%
338
+9%
382
+13%
419
+10%
438
+5%
459
+5%
474
+3%
478
+1%
483
+1%
481
0%
474
-1%
465
-2%
Gross Profit
Cost of Revenue
(22)
(27)
(30)
(32)
(36)
(40)
(46)
(49)
(51)
(53)
(56)
(60)
(64)
(65)
(65)
(67)
(70)
(73)
(77)
(76)
(77)
(81)
(86)
(94)
(102)
(102)
(103)
(104)
(106)
(112)
(111)
(108)
(104)
(106)
(113)
(119)
(123)
(121)
(108)
(113)
(127)
(150)
(186)
(209)
(197)
(238)
(235)
(224)
(208)
(206)
(209)
(208)
Gross Profit
29
N/A
38
+31%
44
+16%
51
+15%
57
+12%
65
+14%
84
+29%
96
+14%
112
+17%
115
+2%
111
-3%
116
+4%
110
-5%
113
+3%
114
+1%
119
+4%
122
+3%
128
+4%
137
+7%
136
-1%
134
-1%
137
+3%
139
+2%
142
+2%
160
+13%
154
-4%
150
-3%
155
+3%
145
-6%
153
+6%
162
+6%
167
+3%
166
-1%
164
-1%
150
-8%
144
-4%
156
+9%
159
+2%
173
+9%
174
+1%
182
+4%
189
+4%
196
+4%
209
+7%
241
+15%
221
-8%
239
+8%
255
+7%
275
+8%
275
+0%
266
-3%
257
-3%
Operating Income
Operating Expenses
(1)
0
0
1
1
1
(2)
(4)
(7)
(9)
(10)
(11)
(13)
(14)
(14)
(14)
(13)
(12)
(13)
(11)
(11)
(11)
(11)
(12)
(13)
(12)
(13)
(13)
(13)
(14)
(14)
(14)
(13)
(12)
(12)
(12)
(13)
(13)
(13)
(13)
(13)
(13)
(12)
(12)
(12)
(12)
(13)
(13)
(12)
(13)
(13)
(13)
Selling, General & Administrative
(5)
(5)
(5)
(6)
(6)
(7)
(8)
(9)
(9)
(9)
(10)
(12)
(13)
(14)
(15)
(15)
(13)
(13)
(13)
(11)
(11)
(12)
(11)
(12)
(13)
(12)
(13)
(13)
(13)
(14)
(14)
(14)
(13)
(13)
(12)
(12)
(14)
(13)
(13)
(13)
(13)
(13)
(13)
(13)
(13)
(14)
(14)
(14)
(14)
(14)
(15)
(15)
Other Operating Expenses
4
5
6
6
7
8
7
5
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
1
1
1
1
1
1
1
1
Operating Income
28
N/A
39
+37%
45
+16%
52
+15%
58
+12%
66
+14%
83
+26%
92
+11%
106
+15%
106
0%
101
-4%
104
+3%
97
-7%
99
+3%
100
+0%
105
+5%
110
+5%
115
+5%
124
+8%
124
+0%
123
-1%
126
+2%
128
+2%
130
+1%
147
+14%
142
-4%
137
-4%
142
+4%
132
-7%
140
+6%
148
+6%
153
+3%
153
0%
152
-1%
138
-9%
132
-5%
143
+9%
146
+2%
160
+10%
161
+1%
169
+5%
176
+4%
184
+5%
197
+7%
229
+16%
209
-9%
226
+8%
242
+7%
262
+8%
262
+0%
252
-4%
243
-4%
Pre-Tax Income
Interest Income Expense
12
11
11
7
10
11
8
2
(19)
(20)
(9)
(21)
(32)
(41)
(26)
(3)
30
35
9
(4)
(9)
(6)
(6)
5
(25)
(15)
4
(8)
26
(73)
(34)
14
30
142
117
95
71
52
(33)
(54)
(58)
(53)
6
23
(5)
10
(13)
(52)
(69)
(79)
(58)
(44)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Pre-Tax Income
40
N/A
49
+25%
56
+13%
59
+5%
67
+15%
77
+15%
90
+17%
93
+3%
86
-7%
86
-1%
93
+8%
84
-10%
65
-22%
59
-10%
74
+26%
102
+38%
139
+37%
150
+8%
133
-12%
120
-9%
114
-5%
120
+5%
122
+1%
135
+10%
122
-9%
127
+4%
141
+11%
135
-4%
158
+17%
67
-58%
115
+72%
167
+45%
184
+10%
293
+59%
255
-13%
226
-11%
214
-5%
198
-7%
127
-36%
107
-16%
111
+4%
123
+11%
190
+54%
221
+16%
224
+1%
219
-2%
213
-2%
190
-11%
193
+2%
183
-5%
195
+6%
199
+2%
Net Income
Tax Provision
0
0
0
(0)
(0)
(0)
(0)
(1)
(1)
(1)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(4)
(4)
(5)
(5)
(5)
(6)
(5)
(5)
(3)
(2)
(2)
(3)
(3)
(3)
(3)
(3)
(4)
(2)
(2)
(3)
(3)
(7)
(7)
(7)
(8)
Income from Continuing Operations
40
49
56
59
67
77
90
92
85
84
91
82
64
57
72
100
137
148
130
118
112
117
119
132
119
124
138
131
155
63
111
162
178
288
251
224
212
196
124
104
108
120
187
217
222
217
211
187
187
176
188
192
Net Income (Common)
40
N/A
49
+25%
56
+13%
59
+5%
67
+15%
77
+15%
90
+17%
92
+3%
85
-8%
84
-1%
91
+8%
82
-10%
64
-22%
57
-11%
72
+27%
100
+38%
137
+37%
148
+8%
130
-12%
118
-9%
112
-5%
117
+5%
119
+2%
132
+11%
119
-10%
124
+4%
138
+11%
131
-5%
155
+18%
63
-59%
111
+77%
162
+47%
178
+10%
288
+62%
251
-13%
224
-11%
212
-5%
196
-7%
124
-37%
104
-17%
108
+4%
120
+11%
187
+55%
217
+16%
222
+2%
217
-2%
211
-3%
187
-11%
187
0%
176
-6%
188
+7%
192
+2%
EPS (Diluted)
0.76
N/A
0.95
+25%
1.07
+13%
1.12
+5%
1.29
+15%
1.85
+43%
1.69
-9%
1.72
+2%
1.68
-2%
1.57
-7%
1.69
+8%
1.51
-11%
1.18
-22%
1.01
-14%
1.22
+21%
1.7
+39%
2.34
+38%
2.48
+6%
2.17
-13%
1.96
-10%
1.86
-5%
1.94
+4%
1.83
-6%
2.01
+10%
1.86
-7%
1.9
+2%
2.1
+11%
1.99
-5%
2.34
+18%
0.95
-59%
1.66
+75%
2.41
+45%
2.65
+10%
3.72
+40%
3.12
-16%
2.77
-11%
2.73
-1%
2.4
-12%
1.62
-33%
1.32
-19%
1.38
+5%
1.47
+7%
2.21
+50%
2.48
+12%
2.61
+5%
2.43
-7%
2.27
-7%
2
-12%
2.03
+1%
1.89
-7%
2.01
+6%
2.04
+1%

See Also

Summary
TSLX intrinsic value, competitors valuation, and company profile.
DCF Valuation
TSLX stock valuation using Discount Cash Flow valuation method.
Relative Valuation
TSLX stock valuation using valuation multiples.
Wall Street Estimates
TSLX price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
TSLX stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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