TSLX Sixth Street Specialty Lending Inc

Price (delayed)

$21.51

Market cap

$1.99B

P/E Ratio

8.67

Dividend/share

$1.06

EPS

$2.48

Enterprise value

$3.76B

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 revenue has increased by 36% year-on-year and by 4.9% since the previous quarter
The gross profit has increased by 35% YoY and by 6% from the previous quarter
The company's net income has surged by 80% YoY but it fell by 2.4% QoQ
TSLX's EPS has surged by 68% year-on-year but it is down by 5% since the previous quarter
The debt is up by 15% YoY

Key stats

What are the main financial stats of TSLX
Market
Shares outstanding
92.72M
Market cap
$1.99B
Enterprise value
$3.76B
Valuations
Price to book (P/B)
1.19
Price to sales (P/S)
4.17
EV/EBIT
10.36
EV/EBITDA
10.36
EV/Sales
8.19
Earnings
Revenue
$459.36M
EBIT
$363.11M
EBITDA
$363.11M
Free cash flow
-$228.82M
Per share
EPS
$2.48
Free cash flow per share
-$2.57
Book value per share
$18.01
Revenue per share
$5.16
TBVPS
$38.77
Balance sheet
Total assets
$3.45B
Total liabilities
$1.87B
Debt
$1.8B
Equity
$1.58B
Working capital
N/A
Liquidity
Debt to equity
1.14
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.87
Margins
EBITDA margin
79%
Gross margin
79.9%
Net margin
47.1%
Operating margin
76.9%
Efficiency
Return on assets
6.6%
Return on equity
14.4%
Return on invested capital
7.3%
Return on capital employed
N/A
Return on sales
79%
Dividend
Dividend yield
4.93%
DPS
$1.06
Payout ratio
42.7%

TSLX stock price

How has the Sixth Street Specialty Lending stock price performed over time
Intraday
1.18%
1 week
-1.19%
1 month
1.51%
1 year
9.52%
YTD
-0.42%
QTD
0.75%

Financial performance

How have Sixth Street Specialty Lending's revenue and profit performed over time
Revenue
$459.36M
Gross profit
$366.87M
Operating income
$353.16M
Net income
$216.59M
Gross margin
79.9%
Net margin
47.1%
The company's net income has surged by 80% YoY but it fell by 2.4% QoQ
TSLX's operating income is up by 37% year-on-year and by 6% since the previous quarter
The revenue has increased by 36% year-on-year and by 4.9% since the previous quarter
The gross profit has increased by 35% YoY and by 6% from the previous quarter

Growth

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

Valuation

What is Sixth Street Specialty Lending stock price valuation
P/E
8.67
P/B
1.19
P/S
4.17
EV/EBIT
10.36
EV/EBITDA
10.36
EV/Sales
8.19
TSLX's EPS has surged by 68% year-on-year but it is down by 5% since the previous quarter
The P/E is 6% below the 5-year quarterly average of 9.2 but 6% above the last 4 quarters average of 8.2
The company's equity rose by 17% YoY and by 6% QoQ
The revenue has increased by 36% year-on-year and by 4.9% since the previous quarter
The P/S is 15% less than the 5-year quarterly average of 4.9

Efficiency

How efficient is Sixth Street Specialty Lending business performance
The ROE has soared by 58% YoY but it has contracted by 6% from the previous quarter
Sixth Street Specialty Lending's return on assets has surged by 53% YoY but it has decreased by 6% QoQ
The ROIC has grown by 49% YoY but it has contracted by 2.7% from the previous quarter
TSLX's return on sales is up by 30% year-on-year but it is down by 3.2% since the previous quarter

Dividends

What is TSLX's dividend history
DPS
$1.06
Dividend yield
4.93%
Payout ratio
42.7%
Recent dividends

Financial health

How did Sixth Street Specialty Lending financials performed over time
The total assets is 85% more than the total liabilities
The total assets has grown by 16% YoY and by 3.2% from the previous quarter
Sixth Street Specialty Lending's total liabilities has increased by 16% YoY
The debt is 14% more than the equity
The company's equity rose by 17% YoY and by 6% QoQ
The debt is up by 15% YoY

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