TSLX Sixth Street Specialty Lending Inc

Price (delayed)

$20.43

Market cap

$1.91B

P/E Ratio

10.06

Dividend/share

$2.08

EPS

$2.03

Enterprise value

$3.79B

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 company's net income fell by 16% YoY

Key stats

What are the main financial stats of TSLX
Market
Shares outstanding
93.66M
Market cap
$1.91B
Enterprise value
$3.79B
Valuations
Price to earnings (P/E)
10.06
Price to book (P/B)
1.19
Price to sales (P/S)
3.9
EV/EBIT
10.91
EV/EBITDA
10.91
EV/Sales
7.85
Earnings
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
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
Balance sheet
Total assets
$3.58B
Total liabilities
$1.97B
Debt
$1.9B
Equity
$1.61B
Working capital
N/A
Liquidity
Debt to equity
1.18
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.4
Margins
EBITDA margin
72%
Gross margin
81.2%
Net margin
38.7%
Operating margin
78.4%
Efficiency
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
Dividend yield
10.18%
DPS
$2.08
Payout ratio
102.5%

TSLX stock price

How has the Sixth Street Specialty Lending stock price performed over time
Intraday
1.54%
1 week
3.23%
1 month
-6.8%
1 year
-1.4%
YTD
-4.08%
QTD
-8.71%

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
10.06
P/B
1.19
P/S
3.9
EV/EBIT
10.91
EV/EBITDA
10.91
EV/Sales
7.85
TSLX's EPS is down by 22% year-on-year
The P/E is 12% above the 5-year quarterly average of 9.0 and 6% above the last 4 quarters average of 9.5
The company's equity rose by 7% YoY
The P/S is 19% less than the 5-year quarterly average of 4.8 and 4.9% less than the last 4 quarters average of 4.1
The revenue has increased by 10% year-on-year

Efficiency

How efficient is Sixth Street Specialty Lending business performance
The ROE has contracted by 24% YoY
Sixth Street Specialty Lending's return on assets has decreased by 24% YoY
The ROIC has contracted by 12% YoY
TSLX's return on sales is down by 12% year-on-year

Dividends

What is TSLX's dividend history
DPS
$2.08
Dividend yield
10.18%
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
Sixth Street Specialty Lending's total liabilities has increased by 7% YoY and by 2.2% QoQ
The total assets has grown by 7% YoY
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.