TSLX Sixth Street Specialty Lending Inc

Price (delayed)

$18.77

Market cap

$1.79B

P/E Ratio

19.97

Dividend/share

$1.89

EPS

$0.94

Enterprise value

$3.52B

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 64

TSLX 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 originations of senior secured ...

Highlights
The P/E is 85% above the 5-year quarterly average of 10.8 and 39% above the last 4 quarters average of 14.4
TSLX's EPS has dropped by 53% year-on-year and by 18% since the previous quarter

Key stats

What are the main financial stats of TSLX

TSLX stock price

How has the Sixth Street Specialty Lending stock price performed over time
Intraday
-2.09%
1 week
-1.73%
1 month
9.45%
1 year
-22.5%
YTD
-13.58%
QTD
9.32%

Financial performance

How have Sixth Street Specialty Lending's revenue and profit performed over time
Revenue
$408.93M
Gross profit
$323.41M
Operating income
$308.37M
Net income
$89.04M
Gross margin
79.1%
Net margin
21.8%
The company's net income has shrunk by 53% YoY and by 17% QoQ
The net margin is down by 45% YoY and by 13% from the previous quarter
The gross profit has decreased by 16% YoY and by 3.9% from the previous quarter
TSLX's operating income is down by 16% year-on-year and by 4.2% since the previous quarter

Price vs fundamentals

How does TSLX's price correlate with its fundamentals

Growth

What is Sixth Street Specialty Lending's growth rate over time

Valuation

What is Sixth Street Specialty Lending stock price valuation
P/E
19.97
P/B
1.15
P/S
4.36
EV/EBIT
16.25
EV/EBITDA
16.25
EV/Sales
8.61
The P/E is 85% above the 5-year quarterly average of 10.8 and 39% above the last 4 quarters average of 14.4
TSLX's EPS has dropped by 53% year-on-year and by 18% since the previous quarter
The company's equity fell by 4.3% YoY
TSLX's price to book (P/B) is 4.2% lower than its 5-year quarterly average of 1.2 and 4.2% lower than its last 4 quarters average of 1.2
The revenue has declined by 14% year-on-year and by 4% since the previous quarter
The P/S is 5% less than the 5-year quarterly average of 4.6

Efficiency

How efficient is Sixth Street Specialty Lending business performance
Sixth Street Specialty Lending's return on assets has shrunk by 52% YoY and by 16% QoQ
The ROE has plunged by 52% YoY and by 16% from the previous quarter
The ROIC has contracted by 34% YoY and by 9% from the previous quarter
TSLX's return on sales is down by 25% year-on-year and by 5% since the previous quarter

Dividends

What is TSLX's dividend history
DPS
$1.89
Dividend yield
10.07%
Payout ratio
201.1%
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 78% more than the total liabilities
Sixth Street Specialty Lending's total liabilities has increased by 11% YoY and by 8% QoQ
The total assets has grown by 4.4% from the previous quarter and by 3.7% YoY
The debt is 24% more than the equity
The debt to equity is up by 16% year-on-year and by 6% since the previous quarter
The debt is up by 11% YoY and by 7% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.