TSLX Sixth Street Specialty Lending Inc
Price (delayed)
$22.62
Market cap
$2.12B
P/E Ratio
11.14
Dividend/share
$2.08
EPS
$2.03
Enterprise value
$3.99B
Sixth Street Specialty Lending, Inc. is a specialty finance company focused on lending to middle-market companies. The Company seeks to generate current income primarily in U.S.-domiciled middle-market companies through direct
Highlights
The gross profit has increased by 13% YoY
The revenue has increased by 10% year-on-year
TSLX's EPS is down by 22% year-on-year
The P/E is 20% above the 5-year quarterly average of 9.3 and 17% above the last 4 quarters average of 9.5
Key stats
What are the main financial stats of TSLX
Market
Valuations
Earnings
Shares outstanding
93.66M
Market cap
$2.12B
Enterprise value
$3.99B
Price to earnings (P/E)
11.14
Price to book (P/B)
1.31
Price to sales (P/S)
4.31
EV/EBIT
11.5
EV/EBITDA
11.5
EV/Sales
8.27
Revenue
$482.53M
Gross profit
$392.05M
Operating income
$378.11M
Net income
$186.57M
EBIT
$347.26M
EBITDA
$347.26M
Free cash flow
-$45.49M
Per share
Balance sheet
Liquidity
EPS
$2.03
EPS diluted
$2.03
Free cash flow per share
-$0.49
Book value per share
$17.23
Revenue per share
$5.24
TBVPS
$38.92
Total assets
$3.58B
Total liabilities
$1.97B
Debt
$1.9B
Equity
$1.61B
Working capital
N/A
Debt to equity
1.18
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.4
Margins
Efficiency
Dividend
EBITDA margin
72%
Gross margin
81.2%
Net margin
38.7%
Operating margin
78.4%
Return on assets
5.3%
Return on equity
11.7%
Return on invested capital
6.6%
Return on capital employed
N/A
Return on sales
72%
Dividend yield
9.2%
DPS
$2.08
Payout ratio
102.5%
TSLX stock price
How has the Sixth Street Specialty Lending stock price performed over time
Intraday
1.85%
1 week
-3.79%
1 month
2.12%
1 year
8.02%
YTD
6.2%
QTD
6.2%
Financial performance
How have Sixth Street Specialty Lending's revenue and profit performed over time
Revenue
$482.53M
Gross profit
$392.05M
Operating income
$378.11M
Net income
$186.57M
Gross margin
81.2%
Net margin
38.7%
The net margin is down by 24% YoY
The company's net income fell by 16% YoY
TSLX's operating income is up by 14% year-on-year
The gross profit has increased by 13% YoY
Growth
What is Sixth Street Specialty Lending's growth rate over time
Valuation
What is Sixth Street Specialty Lending stock price valuation
P/E
11.14
P/B
1.31
P/S
4.31
EV/EBIT
11.5
EV/EBITDA
11.5
EV/Sales
8.27
TSLX's EPS is down by 22% year-on-year
The P/E is 20% above the 5-year quarterly average of 9.3 and 17% above the last 4 quarters average of 9.5
TSLX's price to book (P/B) is 9% higher than its 5-year quarterly average of 1.2 and 9% higher than its last 4 quarters average of 1.2
The company's equity rose by 7% YoY
The revenue has increased by 10% year-on-year
The P/S is 8% less than the 5-year quarterly average of 4.7 but 5% more than the last 4 quarters average of 4.1
Efficiency
How efficient is Sixth Street Specialty Lending business performance
Sixth Street Specialty Lending's return on assets has decreased by 24% YoY
The ROE has contracted by 24% YoY
TSLX's return on sales is down by 12% year-on-year
The ROIC has contracted by 12% YoY
Dividends
What is TSLX's dividend history
DPS
$2.08
Dividend yield
9.2%
Payout ratio
102.5%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Sixth Street Specialty Lending financials performed over time
The total assets is 81% more than the total liabilities
The total assets has grown by 7% YoY
Sixth Street Specialty Lending's total liabilities has increased by 7% YoY and by 2.2% QoQ
The debt is 18% more than the equity
The company's equity rose by 7% YoY
The debt is up by 7% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.