TSLX Sixth Street Specialty Lending Inc

  1. Stocks
  2. Financial Services
  3. NYSE: TSLX

Price (delayed)

$21.13

Market cap

$1.86B

P/E Ratio

8.1

Dividend/share

$1.46

EPS

$2.61

Enterprise value

$3.61B

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 company's net income has surged by 105% YoY and by 2.3% QoQ
TSLX's EPS has surged by 89% year-on-year
The debt is up by 23% YoY and by 10% from the previous quarter
Sector: Financial Services
Industry: Asset Management
Website: http://www.sixthstreetspecialtylending.com
Peers: ORC

Key stats

What are the main financial stats of TSLX
Market
Shares outstanding
87.83M
Market cap
$1.86B
Enterprise value
$3.61B
Valuations
Price to earnings (P/E)
8.1
Price to book (P/B)
1.24
Price to sales (P/S)
4.11
EV/EBIT
10.1
EV/EBITDA
10.1
EV/Sales
8.24
Earnings
Revenue
$438.09M
EBIT
$357.56M
EBITDA
$357.56M
Free cash flow
-$236.79M
Per share
EPS
$2.61
Free cash flow per share
-$2.78
Book value per share
$17.09
Revenue per share
$5.15
TBVPS
$39.28
Balance sheet
Total assets
$3.34B
Total liabilities
$1.85B
Debt
$1.78B
Equity
$1.5B
Working capital
N/A
Liquidity
Debt to equity
1.19
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.91
Margins
EBITDA margin
81.6%
Gross margin
79%
Net margin
50.7%
Operating margin
75.9%
Efficiency
Return on assets
7%
Return on equity
15.3%
Return on invested capital
7.5%
Return on capital employed
N/A
Return on sales
81.6%
Dividend
Dividend yield
6.91%
DPS
$1.46
Payout ratio
55.9%

TSLX stock price

How has the Sixth Street Specialty Lending stock price performed over time
Intraday
-0.05%
1 week
1.44%
1 month
1.2%
1 year
16.35%
YTD
-2.18%
QTD
-1.4%

Financial performance

How have Sixth Street Specialty Lending's revenue and profit performed over time
Revenue
$438.09M
Gross profit
$345.9M
Operating income
$332.5M
Net income
$222.02M
Gross margin
79%
Net margin
50.7%
The company's net income has surged by 105% YoY and by 2.3% QoQ
The net margin is up by 45% YoY but it is down by 2.3% from the previous quarter
TSLX's operating income is up by 43% year-on-year and by 5% since the previous quarter
The revenue has increased by 42% year-on-year and by 4.6% since 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
TSLX P/E details
P/E
8.1
P/B
1.24
P/S
4.11
EV/EBIT
10.1
EV/EBITDA
10.1
EV/Sales
8.24
TSLX's EPS has surged by 89% year-on-year
The P/E is 13% below the 5-year quarterly average of 9.3 and 12% below the last 4 quarters average of 9.2
The company's equity rose by 12% YoY
TSLX's price to book (P/B) is 3.3% higher than its 5-year quarterly average of 1.2 and 3.3% higher than its last 4 quarters average of 1.2
The revenue has increased by 42% year-on-year and by 4.6% since the previous quarter
The P/S is 18% less than the 5-year quarterly average of 5.0 and 2.1% less than the last 4 quarters average of 4.2

Efficiency

How efficient is Sixth Street Specialty Lending business performance
The ROE has soared by 84% YoY
Sixth Street Specialty Lending's return on assets has surged by 75% YoY but it has decreased by 2.8% QoQ
The ROIC has soared by 70% YoY
TSLX's return on sales is up by 45% year-on-year

Dividends

What is TSLX's dividend history
Dividend details
DPS
$1.46
Dividend yield
6.91%
Payout ratio
55.9%
Recent dividends

Financial health

How did Sixth Street Specialty Lending financials performed over time
The total assets is 81% more than the total liabilities
Sixth Street Specialty Lending's total liabilities has increased by 24% YoY and by 9% QoQ
The total assets has grown by 18% YoY and by 5% from the previous quarter
The debt is 19% more than the equity
The debt is up by 23% YoY and by 10% from the previous quarter
The company's equity rose by 12% YoY

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