Sixth Street Specialty Lending, Inc.

TSLX Clue Score56
United States Fiscal year ends December CIK 0001508655
$17.35 -1.25% Close, 9 Oct 2026
Price $17.35 −23.43% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
Net income
Fiscal year 2020Net income178.1EPS, diluted2.65Fiscal year 2021Net income211.8 +18.9%EPS, diluted2.79 +5.3%Fiscal year 2022Net income108.1 −49.0%EPS, diluted1.38 −50.5%Fiscal year 2023Net income222.0 +105.5%EPS, diluted2.61 +89.1%Fiscal year 2024Net income186.6 −16.0%EPS, diluted2.03 −22.2%Fiscal year 2025Net income170.5 −8.6%EPS, diluted1.81 −10.8%
FY2020FY2021FY2022FY2023FY2024FY2025
Net income 178.1 211.8 108.1 222.0 186.6 170.5
Growth +18.9% −49.0% +105.5% −16.0% −8.6%
EPS, diluted 2.65 2.79 1.38 2.61 2.03 1.81
Growth +5.3% −50.5% +89.1% −22.2% −10.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2020Operating cash flow145.1Buybacks−2.9Dividends paid−130.4Fiscal year 2021Operating cash flow2.5Dividends paid−221.9Fiscal year 2022Operating cash flow−224.5Buybacks−6.2Dividends paid−144.7Fiscal year 2023Operating cash flow−236.8Dividends paid−156.4Fiscal year 2024Operating cash flow−45.5Dividends paid−168.7Fiscal year 2025Operating cash flow401.6Dividends paid−170.3
FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 145.1 2.5 −224.5 −236.8 −45.5 401.6
Buybacks −2.9 n/a −6.2 n/a n/a n/a
Dividends paid −130.4 −221.9 −144.7 −156.4 −168.7 −170.3

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2020Shareholders’ equity1,161.3Fiscal year 2021Cash16.0Total debt1,186.0Net cash (debt)−1,170.0Shareholders’ equity1,275.8Debt to equity0.93Fiscal year 2022Cash25.6Total debt1,441.8Net cash (debt)−1,416.1Shareholders’ equity1,341.6Debt to equity1.07Fiscal year 2023Cash25.2Total debt1,780.3Net cash (debt)−1,755.1Shareholders’ equity1,496.4Debt to equity1.19Fiscal year 2024Cash27.3Total debt1,901.1Net cash (debt)−1,873.8Shareholders’ equity1,607.5Debt to equity1.18Fiscal year 2025Cash19.7Total debt1,743.2Net cash (debt)−1,723.6Shareholders’ equity1,607.7Debt to equity1.08
FY2020FY2021FY2022FY2023FY2024FY2025
Cash n/a 16.0 25.6 25.2 27.3 19.7
Total debt n/a 1,186.0 1,441.8 1,780.3 1,901.1 1,743.2
Net cash (debt) n/a −1,170.0 −1,416.1 −1,755.1 −1,873.8 −1,723.6
Shareholders’ equity 1,161.3 1,275.8 1,341.6 1,496.4 1,607.5 1,607.7
Debt to equity n/a 0.93 1.07 1.19 1.18 1.08

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
n/a 16.0 25.6 25.2 27.3 19.7
n/a 2,551.9 2,836.9 3,343.8 3,582.2 3,421.7
Growth +11.2% +17.9% +7.1% −4.5%
Liabilities
n/a 1,186.0 1,441.8 1,780.3 1,901.1 1,743.2
calc n/a 1,186.0 1,441.8 1,780.3 1,901.1 1,743.2
n/a 1,276.0 1,495.4 1,847.4 1,974.7 1,813.9
Equity
n/a 90.1 56.5 100.8 97.7 81.6
1,161.3 1,275.8 1,341.6 1,496.4 1,607.5 1,607.7
Growth +9.9% +5.2% +11.5% +7.4% +0.0%
Per share and net cash
calc n/a −1,170.0 −1,416.1 −1,755.1 −1,873.8 −1,723.6
n/a 75.8 81.4 87.8 93.7 94.7
calc n/a 16.84 16.48 17.04 17.16 16.98

Lines marked calc are worked out here from filed figures; point at one for how.