Sixth Street Specialty Lending, Inc. (TSLX) Earnings History
Annual and quarterly earnings data from 2011 to 2025
Loading earnings history...
TSLX EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
TSLX Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 72.8% | 53.5% | 47.3% |
| 2024 | 70.3% | 53.7% | 51.9% |
| 2023 | 73.9% | 60.5% | 60.0% |
| 2022 | 72.9% | 59.4% | 57.7% |
| 2021 | 84.8% | 80.4% | 79.5% |
Download Data
Export TSLX earnings history in CSV or JSON format
Free sign-in required to download data
Sixth Street Specialty Lending, Inc. (TSLX) Earnings Overview
As of May 8, 2026, Sixth Street Specialty Lending, Inc. (TSLX) reported trailing twelve-month net income of $41.18B, reflecting -10.8% year-over-year growth. The company earned $434.80 per diluted share over the past four quarters, with a net profit margin of 47.3%.
Looking at the long-term picture, TSLX's 5-year EPS compound annual growth rate (CAGR) stands at -7.3%, signaling declining earnings. The company achieved its highest annual net income of $222M in fiscal 2023.
Sixth Street Specialty Lending, Inc. maintains industry-leading profitability with a gross margin of 72.8%, operating margin of 53.5%, and net margin of 47.3%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including ARCC ($1.15B net income, 41.3% margin), GBDC ($205M net income, 43.2% margin), FSK ($11M net income, 0.9% margin), TSLX has outperformed on profitability metrics. Compare TSLX vs ARCC →
TSLX Earnings vs Peers
Earnings metrics vs comparable public companies
TSLX Historical Earnings Data (2011–2025)
15 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $171M | -8.6% | $193M | $1.81 | 47.3% | 53.5% |
| 2024 | $187M | -16.0% | $193M | $2.03 | 51.9% | 53.7% |
| 2023 | $222M | +105.5% | $224M | $2.61 | 60.0% | 60.5% |
| 2022 | $108M | -49.0% | $111M | $1.38 | 57.7% | 59.4% |
| 2021 | $212M | +18.9% | $214M | $2.79 | 79.5% | 80.4% |
| 2020 | $178M | +15.2% | $184M | $2.65 | 75.7% | 78.1% |
| 2019 | $155M | +29.9% | $158M | $2.34 | 70.1% | 71.8% |
| 2018 | $119M | +6.6% | $122M | $1.86 | 66.9% | 68.8% |
| 2017 | $112M | -18.5% | $114M | $1.86 | 73.2% | 75.1% |
| 2016 | $137M | +115.5% | $139M | $2.34 | 78.2% | 79.5% |
See TSLX's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs TSLX Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare TSLX vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonTSLX — Frequently Asked Questions
Quick answers to the most common questions about buying TSLX stock.
Is TSLX growing earnings?
TSLX EPS fell to $434.80, with earnings declining -10.8%. This contrasts with the 5-year CAGR of -7.3%. TTM net income dropped to $41.2B.
What are TSLX's profit margins?
Sixth Street Specialty Lending, Inc. net margin is +47.3%, with operating margin at +53.5%. Above-average margins indicate pricing power.
How consistent are TSLX's earnings?
TSLX earnings data spans 2011-2025. The declining earnings trend is -10.8% YoY. Historical data enables comparison across business cycles.