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TSLX Sixth Street Specialty Lending Inc
- Stocks
- Financial Services
- NYSE: TSLX
Price (delayed)
$23.16
Market cap
$2.18B
P/E Ratio
12.25
Dividend/share
$2.08
EPS
$1.89
Enterprise value
$3.97B
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 7% YoY
The revenue has increased by 4.7% year-on-year
The debt is down by 3% from the previous quarter but it is up by 2.2% YoY
The P/E is 35% above the 5-year quarterly average of 9.1 and 19% above the last 4 quarters average of 10.3
TSLX's EPS is down by 24% year-on-year and by 7% since the previous quarter
Sector: Financial Services
Industry: Asset Management
Key stats
What are the main financial stats of TSLX
Market
Valuations
Earnings
Shares outstanding
93.96M
Market cap
$2.18B
Enterprise value
$3.97B
Price to earnings (P/E)
12.25
Price to book (P/B)
1.35
Price to sales (P/S)
4.51
EV/EBIT
12
EV/EBITDA
12
EV/Sales
8.26
Revenue
$481.09M
Gross profit
$392.4M
Operating income
$378.16M
Net income
$176M
EBIT
$331.14M
EBITDA
$331.14M
Free cash flow
$169.97M
Per share
Balance sheet
Liquidity
EPS
$1.89
EPS diluted
$1.89
Free cash flow per share
$1.81
Book value per share
$17.1
Revenue per share
$5.14
TBVPS
$37.35
Total assets
$3.5B
Total liabilities
$1.9B
Debt
$1.84B
Equity
$1.6B
Working capital
N/A
Debt to equity
1.15
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.43
Margins
Efficiency
Dividend
EBITDA margin
68.8%
Gross margin
81.6%
Net margin
36.6%
Operating margin
78.6%
Return on assets
5%
Return on equity
11%
Return on invested capital
6.3%
Return on capital employed
N/A
Return on sales
68.8%
Dividend yield
8.98%
DPS
$2.08
Payout ratio
110.1%
TSLX stock price
How has the Sixth Street Specialty Lending stock price performed over time
Intraday
0.04%
1 week
0.43%
1 month
2.52%
1 year
9.56%
YTD
8.73%
QTD
3.49%
Financial performance
How have Sixth Street Specialty Lending's revenue and profit performed over time
Revenue
$481.09M
Gross profit
$392.4M
Operating income
$378.16M
Net income
$176M
Gross margin
81.6%
Net margin
36.6%
The net margin is down by 22% YoY and by 5% from the previous quarter
The company's net income fell by 19% YoY and by 6% QoQ
TSLX's operating income is up by 7% year-on-year
The gross profit has increased by 7% YoY
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
12.25
P/B
1.35
P/S
4.51
EV/EBIT
12
EV/EBITDA
12
EV/Sales
8.26
The P/E is 35% above the 5-year quarterly average of 9.1 and 19% above the last 4 quarters average of 10.3
TSLX's EPS is down by 24% year-on-year and by 7% since the previous quarter
TSLX's price to book (P/B) is 13% higher than its 5-year quarterly average of 1.2 and 13% higher than its last 4 quarters average of 1.2
The P/S is 10% more than the last 4 quarters average of 4.1 but 6% less than the 5-year quarterly average of 4.8
The revenue has increased by 4.7% year-on-year
Efficiency
How efficient is Sixth Street Specialty Lending business performance
The ROE has contracted by 24% YoY and by 6% from the previous quarter
Sixth Street Specialty Lending's return on assets has decreased by 24% YoY and by 6% QoQ
The ROIC has contracted by 14% YoY and by 4.5% from the previous quarter
TSLX's return on sales is down by 13% year-on-year and by 4.4% since the previous quarter
Dividends
What is TSLX's dividend history
DPS
$2.08
Dividend yield
8.98%
Payout ratio
110.1%
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 84% more than the total liabilities
Sixth Street Specialty Lending's total liabilities has decreased by 3.9% QoQ
The total assets has contracted by 2.3% from the previous quarter
The debt is 15% more than the equity
The debt is down by 3% from the previous quarter but it is up by 2.2% YoY
The debt to equity is down by 2.5% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.