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Sixth Street Specialty Lending share price today

Sixth Street Specialty Lending, Inc. · TSLX · Financials · Asset Management · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Sixth Street Specialty Lending share price: $17.81 at the close on 4 November 2026, −16.0% in a year.

Getting worseBusiness trend from the last 12 quarters
$17.81Price −16.0% in a year
1.1×P/BV lower than 63% of the last 1 year
$97.8 MRevenue (Jun 2026) −14.9% on a year ago
$40.5 MProfit (Jun 2026) −31.3% on a year ago
41.4%Net margin −9.9 points on a year ago
5%ROE FY25
5.33%ROA latest

Sixth Street Specialty Lending, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

The price has been between phases, and the P/BV is lower than 63% of its own last 1 year. Over the last four quarters, results have been deteriorating, with profit −31.3% on a year earlier, with the net margin at 41.4%. What will decide it: the next one or two quarters of results.

What is the Sixth Street Specialty Lending share price today?

Sixth Street Specialty Lending, Inc.'s share price was $17.81 at the close on 4 November 2026. That is 2.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between $17 and $23, and at that close it sat 20% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 1 week running.

Nov 2026: $17.81, 2.0% below its 200-day average.

  • Price $17.81
  • 50-day avg $17.81
  • 200-day avg $18.17
Nov 2026: $17.81, 2.0% below its 200-day average.
WeekPrice50-day avg200-day avg
11 Jul 2025$24.33––
18 Jul 2025$24.80––
25 Jul 2025$24.45––
1 Aug 2025$23.91––
8 Aug 2025$24.04––
15 Aug 2025$23.96––
22 Aug 2025$24.09––
29 Aug 2025$24.45––
5 Sep 2025$24.58––
12 Sep 2025$24.67––
19 Sep 2025$23.60$24.20–
26 Sep 2025$22.80$24.03–
3 Oct 2025$22.31$23.84–
10 Oct 2025$20.86$23.59–
17 Oct 2025$21.50$23.37–
24 Oct 2025$22.48$23.16–
31 Oct 2025$22.62$23.01–
7 Nov 2025$21.19$22.78–
14 Nov 2025$21.23$22.45–
21 Nov 2025$21.23$22.08–
28 Nov 2025$21.82$21.93–
5 Dec 2025$22.29$21.83–
12 Dec 2025$22.60$21.83–
19 Dec 2025$21.59$21.82–
26 Dec 2025$21.71$21.81–
2 Jan 2026$21.66$21.82–
9 Jan 2026$21.86$21.76–
16 Jan 2026$22.30$21.70–
23 Jan 2026$22.20$21.78–
30 Jan 2026$21.95$21.86–
6 Feb 2026$20.17$21.84–
13 Feb 2026$19.23$21.66–
20 Feb 2026$18.19$21.38–
27 Feb 2026$17.32$20.93–
6 Mar 2026$18.33$20.58–
13 Mar 2026$17.81$20.24–
20 Mar 2026$17.75$19.87–
27 Mar 2026$17.50$19.47–
2 Apr 2026$18.39$19.14–
10 Apr 2026$18.06$18.73–
17 Apr 2026$19.42$18.48–
24 Apr 2026$18.69$18.35$21.56
1 May 2026$19.65$18.35$21.43
8 May 2026$17.94$18.39$21.28
15 May 2026$17.73$18.36$21.12
22 May 2026$17.16$18.27$20.96
29 May 2026$17.23$18.22$20.82
5 Jun 2026$17.39$18.19$20.66
12 Jun 2026$16.90$18.10$20.48
18 Jun 2026$16.61$17.97$20.33
26 Jun 2026$16.89$17.78$20.12
2 Jul 2026$17.29$17.62$19.98
10 Jul 2026$17.19$17.44$19.82
17 Jul 2026$17.44$17.22$19.68
24 Jul 2026$16.72$17.13$19.55
31 Jul 2026$17.16$17.10$19.44
7 Aug 2026$19.10$17.20$19.36
14 Aug 2026$18.77$17.34$19.28
21 Aug 2026$18.79$17.47$19.18
28 Aug 2026$18.74$17.68$19.11
4 Sep 2026$18.38$17.88$19.04
11 Sep 2026$17.89$17.95$18.98
18 Sep 2026$17.90$18.05$18.89
25 Sep 2026$18.14$18.13$18.79
2 Oct 2026$18.01$18.25$18.68
9 Oct 2026$17.35$18.26$18.57
16 Oct 2026$17.03$18.19$18.46
23 Oct 2026$17.09$18.00$18.35
30 Oct 2026$17.63$17.87$18.23
4 Nov 2026$17.81$17.81$18.17
Weekly closing price ($) with its 50-day and 200-day averages. 1-year window.

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?

Ahead in 10 of 57 weeks

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
11 Jul 2025no S&P 500 reading
18 Jul 2025no S&P 500 reading
25 Jul 2025no S&P 500 reading
1 Aug 2025no S&P 500 reading
8 Aug 2025no S&P 500 reading
15 Aug 2025no S&P 500 reading
22 Aug 2025no S&P 500 reading
29 Aug 2025no S&P 500 reading
5 Sep 2025no S&P 500 reading
12 Sep 2025no S&P 500 reading
19 Sep 2025no S&P 500 reading
26 Sep 2025no S&P 500 reading
3 Oct 2025no S&P 500 reading
10 Oct 2025−19.0%
17 Oct 2025−19.2%
24 Oct 2025−14.4%
31 Oct 2025−15.1%
7 Nov 2025−17.2%
14 Nov 2025−15.8%
21 Nov 2025−14.0%
28 Nov 2025−16.7%
5 Dec 2025−15.3%
12 Dec 2025−12.1%
19 Dec 2025−11.1%
26 Dec 2025−9.1%
2 Jan 2026−5.0%
9 Jan 2026−1.5%
16 Jan 2026−0.4%
23 Jan 2026−3.0%
30 Jan 2026−4.4%
6 Feb 2026−7.7%
13 Feb 2026−10.9%
20 Feb 2026−18.9%
27 Feb 2026−21.0%
6 Mar 2026−15.8%
13 Mar 2026−18.3%
20 Mar 2026−13.1%
27 Mar 2026−11.2%
2 Apr 2026−11.1%
10 Apr 2026−15.3%
17 Apr 2026−15.6%
24 Apr 2026−19.4%
1 May 2026−14.6%
8 May 2026−17.9%
15 May 2026−16.2%
22 May 2026−13.8%
29 May 2026−10.8%
5 Jun 2026−14.8%
12 Jun 2026−17.1%
18 Jun 2026−21.6%
26 Jun 2026−18.5%
2 Jul 2026−19.5%
10 Jul 2026−15.9%
17 Jul 2026−14.9%
24 Jul 2026−14.0%
31 Jul 2026−16.3%
7 Aug 2026+1.6%
14 Aug 2026+0.8%
21 Aug 2026+6.8%
28 Aug 2026+7.1%
4 Sep 2026+1.3%
11 Sep 2026+2.8%
18 Sep 2026+5.8%
25 Sep 2026+1.6%
2 Oct 2026+0.8%
9 Oct 2026−2.2%
16 Oct 2026−5.0%
23 Oct 2026−0.6%
30 Oct 2026+1.6%
4 Nov 2026−5.9%
Each bar is one week, from 2025 to now (57 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 1 year the share price moved −27% while the S&P 500 moved +23%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Sixth Street Specialty Lending pay?

Sixth Street Specialty Lending, Inc. paid $1.91 per share over the last four reported quarters. The most recent declaration was $0.42 for Jun 2026. At today's price of $17.81 that is a yield of 10.72%, based on dividends already paid, not a forecast.

A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.

Dividend per share each quarter: latest $0.42 (Jun 2026)

  • Dividend per share $0.42
Dividend per share each quarter: latest $0.42 (Jun 2026)
QuarterDividend per share
Sep 2023$0.53
Dec 2023$0.54
Mar 2024$0.54
Jun 2024$0.52
Sep 2024$0.52
Dec 2024$0.51
Mar 2025$0.53
Jun 2025$0.52
Sep 2025$0.51
Dec 2025$0.51
Mar 2026$0.47
Jun 2026$0.42
Declared dividend per share, $ a share, each reported quarter. 12 quarters on file.

Which stock lists is Sixth Street Specialty Lending on?

Sixth Street Specialty Lending is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Is Sixth Street Specialty Lending profitable?

Sixth Street Specialty Lending, Inc. earned $40.5 M of net profit in the Jun 2026 quarter, −31.3% on the same quarter a year earlier. Full-year FY25 profit was $171 M. Over 4 years profit has grown −5.3% a year on average. That is 41.4% of the quarter's revenue. The same quarter a year earlier earned $59.0 M.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

1 of the last 12 reported quarters were loss-making.

For the full year, FY25 profit was $171 M (−8.6% on the year before).

FY25 profit $171 M (−8.6% on the year before), −5.3% a year over 4 years

  • Net profit $171 M
FY25 profit $171 M (−8.6% on the year before), −5.3% a year over 4 years
QuarterNet profit
FY21$212 M
FY22$108 M
FY23$222 M
FY24$187 M
FY25$171 M

Growth on a year earlier

  • Growth on a year earlier −8.6%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22−49%
FY23105.5%
FY24−16%
FY25−8.6%
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $40.5 M (−31.3% on a year earlier)

  • Net profit (quarterly) $40.5 M
Jun 2026: $40.5 M (−31.3% on a year earlier)
QuarterNet profit (quarterly)
Sep 2023$64.8 M
Dec 2023$51.2 M
Mar 2024$47.5 M
Jun 2024$47.4 M
Sep 2024$40.7 M
Dec 2024$51.0 M
Mar 2025$37.0 M
Jun 2025$59.0 M
Sep 2025$44.6 M
Dec 2025$30.0 M
Mar 2026−$26.0 M
Jun 2026$40.5 M

Growth on a year earlier

  • Growth on a year earlier −31.3%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 202388.3%
Dec 202310.6%
Mar 2024−10.3%
Jun 2024−10.7%
Sep 2024−37.3%
Dec 2024−0.3%
Mar 2025−22.2%
Jun 202524.5%
Sep 20259.7%
Dec 2025−41.2%
Mar 2026−170.4%
Jun 2026−31.3%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed −14.9% on a year earlier and the margin moved −9.9 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −58.3% and revenue −13.8%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does Sixth Street Specialty Lending make, and is it growing?

Sixth Street Specialty Lending, Inc. reported $97.8 M of income in the Jun 2026 quarter, −14.9% on the same quarter a year earlier. Over 4 years it has grown 12.7% a year on average. The last full year, FY25, came in at $449 M. The last four reported quarters add to $409 M.

For a bank, revenue is everything it earns: interest on its loans plus fees from its businesses.

FY25 revenue was $449 M, −6.9% on the year before.

FY25 revenue $449 M (−6.9% on the year before), 12.7% a year over 4 years

  • Revenue $449 M
FY25 revenue $449 M (−6.9% on the year before), 12.7% a year over 4 years
QuarterRevenue
FY21$279 M
FY22$309 M
FY23$438 M
FY24$483 M
FY25$449 M

Growth on a year earlier

  • Growth on a year earlier −6.9%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2211%
FY2341.6%
FY2410.1%
FY25−6.9%
Top: revenue each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $97.8 M (−14.9% on a year earlier)

  • Revenue (quarterly) $97.8 M
Jun 2026: $97.8 M (−14.9% on a year earlier)
QuarterRevenue (quarterly)
Sep 2023$114 M
Dec 2023$120 M
Mar 2024$118 M
Jun 2024$122 M
Sep 2024$119 M
Dec 2024$124 M
Mar 2025$116 M
Jun 2025$115 M
Sep 2025$109 M
Dec 2025$108 M
Mar 2026$93.4 M
Jun 2026$97.8 M

Growth on a year earlier

  • Growth on a year earlier −14.9%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 202347%
Dec 202319.4%
Mar 202422%
Jun 202413.2%
Sep 20244.2%
Dec 20243.5%
Mar 2025−1.2%
Jun 2025−5.6%
Sep 2025−8.2%
Dec 2025−12.5%
Mar 2026−19.7%
Jun 2026−14.9%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew −13.8% on average, against 12.7% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −13.8%, against −7.1% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −52.5%, against −35.0% a year (rolling over).

How much does Sixth Street Specialty Lending keep from what it earns?

Sixth Street Specialty Lending, Inc.'s net margin was 41.4% in the Jun 2026 quarter, 9.9 percentage points lower than the same quarter a year ago. Across 5 years it has been between 34.9% and 76.0%. The latest quarter is within that range.

Net margin is what the bank keeps from every $100 of revenue after every cost, provision for bad loans and tax. With big fee businesses in the mix, it is the clearest margin we can read for this bank.

Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

FY25: 38.0%, within a range of 34.9% to 76.0% over 5 years

  • Net margin 38.0%
FY25: 38.0%, within a range of 34.9% to 76.0% over 5 years
QuarterNet margin
FY2176%
FY2234.9%
FY2350.7%
FY2438.7%
FY2538%

Change on the year before (points)

  • Change on the year before (points) −0.7 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22−41.1 pts
FY23+15.8 pts
FY24−12.0 pts
FY25−0.7 pts
Net margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jun 2026: net margin 41.4% (−9.9 points on a year earlier)

  • Net margin 41.4%
Jun 2026: net margin 41.4% (−9.9 points on a year earlier)
QuarterNet margin
Sep 202356.6%
Dec 202342.8%
Mar 202440.3%
Jun 202438.9%
Sep 202434.1%
Dec 202441.2%
Mar 202531.8%
Jun 202551.3%
Sep 202540.8%
Dec 202527.7%
Mar 2026−27.9%
Jun 202641.4%

Change on a year earlier (points)

  • Change on a year earlier (points) −9.9 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023+12.4 pts
Dec 2023−3.4 pts
Mar 2024−14.6 pts
Jun 2024−10.4 pts
Sep 2024−22.5 pts
Dec 2024−1.6 pts
Mar 2025−8.5 pts
Jun 2025+12.4 pts
Sep 2025+6.7 pts
Dec 2025−13.5 pts
Mar 2026−59.7 pts
Jun 2026−9.9 pts
Top: quarterly net margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Net profit as a share of total revenue, each quarter.

How many of Sixth Street Specialty Lending's loans have gone bad?

Sixth Street Specialty Lending, Inc. does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report.

Gross NPA is the share of the loan book where repayments have stopped. Net NPA is what is left after the money the lender has already set aside for those loans. Falling is good; rising is a warning.

Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up.

How fast is Sixth Street Specialty Lending's loan book growing?

Sixth Street Specialty Lending, Inc.'s revenue was $449 M in FY25, −6.9% on the year before, so the loan book is not growing. The latest quarter was −14.9% on a year earlier. The net margin on that income is 41.4%, −9.9 percentage points on a year ago.

We read the loan book through revenue: when the book and the businesses grow, revenue grows with them. It is only a rough guide, because interest-rate changes and fee swings can move it a few points in any year.

Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year.

FY25: revenue $449 M (−6.9% on the year before), net margin 38.0%

  • Revenue $449 M
FY25: revenue $449 M (−6.9% on the year before), net margin 38.0%
QuarterRevenue
FY21$279 M
FY22$309 M
FY23$438 M
FY24$483 M
FY25$449 M

Net margin

  • Net margin 38%
Net margin
QuarterNet margin
FY2176%
FY2234.9%
FY2350.7%
FY2438.7%
FY2538%
Top: revenue each year, $ M. Below: net margin, %. 5-year window. A grey bar is lower than the year before.

In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Quarterly loan-quality figures are missing here, so revenue growth and margin are the two we watch.

What is Sixth Street Specialty Lending's P/BV ratio, and how does it compare with its own history?

Sixth Street Specialty Lending, Inc.'s P/BV is 1.1×, in the middle of its own history: higher than 37% of past readings. Its usual P/BV (the middle reading) is 1.2×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

For a bank or lender we compare the price with book value, the net worth on its balance sheet. P/BV is how many dollars the market pays for each $1 of that net worth. Below 1× means the market values it at less than its net worth.

Why the multiple is low: this lender earns about 5% a year on its equity. A lender that earns less on its net worth is valued lower for each dollar of it, and that gap usually closes only if returns improve.

P/BV 1.1× against a usual 1.2×: in the middle of its own history: higher than 37% of past readings

  • P/BV 1.10×
  • Median 1.16×
P/BV 1.1× against a usual 1.2×: in the middle of its own history: higher than 37% of past readings
WeekP/BVMedian
11 Jul 20251.40×1.16×
18 Jul 20251.40×1.16×
25 Jul 20251.40×1.16×
1 Aug 20251.39×1.16×
8 Aug 20251.40×1.16×
15 Aug 20251.40×1.16×
22 Aug 20251.40×1.16×
29 Aug 20251.40×1.16×
5 Sep 20251.40×1.16×
12 Sep 20251.40×1.16×
19 Sep 20251.37×1.16×
26 Sep 20251.33×1.16×
3 Oct 20251.30×1.16×
10 Oct 20251.22×1.16×
17 Oct 20251.25×1.16×
24 Oct 20251.31×1.16×
31 Oct 20251.32×1.16×
7 Nov 20251.24×1.16×
14 Nov 20251.24×1.16×
21 Nov 20251.24×1.16×
28 Nov 20251.27×1.16×
5 Dec 20251.30×1.16×
12 Dec 20251.32×1.16×
19 Dec 20251.26×1.16×
26 Dec 20251.27×1.16×
2 Jan 20261.28×1.16×
9 Jan 20261.29×1.16×
16 Jan 20261.31×1.16×
23 Jan 20261.31×1.16×
30 Jan 20261.29×1.16×
6 Feb 20261.19×1.16×
13 Feb 20261.13×1.16×
20 Feb 20261.07×1.16×
27 Feb 20261.02×1.16×
6 Mar 20261.08×1.16×
13 Mar 20261.05×1.16×
20 Mar 20261.05×1.16×
27 Mar 20261.03×1.16×
2 Apr 20261.13×1.16×
10 Apr 20261.11×1.16×
17 Apr 20261.20×1.16×
24 Apr 20261.15×1.16×
1 May 20261.21×1.16×
8 May 20261.10×1.16×
15 May 20261.09×1.16×
22 May 20261.06×1.16×
29 May 20261.06×1.16×
5 Jun 20261.07×1.16×
12 Jun 20261.04×1.16×
18 Jun 20261.02×1.16×
26 Jun 20261.04×1.16×
2 Jul 20261.06×1.16×
10 Jul 20261.06×1.16×
17 Jul 20261.07×1.16×
24 Jul 20261.03×1.16×
31 Jul 20261.06×1.16×
7 Aug 20261.18×1.16×
14 Aug 20261.16×1.16×
21 Aug 20261.16×1.16×
28 Aug 20261.15×1.16×
4 Sep 20261.13×1.16×
11 Sep 20261.10×1.16×
18 Sep 20261.10×1.16×
25 Sep 20261.12×1.16×
2 Oct 20261.11×1.16×
9 Oct 20261.07×1.16×
16 Oct 20261.05×1.16×
23 Oct 20261.05×1.16×
30 Oct 20261.09×1.16×
4 Nov 20261.10×1.16×

Book value per share

  • Book value per share $16.24
Book value per share
WeekBook value per share
11 Jul 2025–
18 Jul 2025–
25 Jul 2025–
1 Aug 2025–
8 Aug 2025–
15 Aug 2025–
22 Aug 2025–
29 Aug 2025–
5 Sep 2025–
12 Sep 2025–
19 Sep 2025–
26 Sep 2025$17.17
3 Oct 2025$17.17
10 Oct 2025$17.17
17 Oct 2025$17.17
24 Oct 2025$17.17
31 Oct 2025$17.17
7 Nov 2025$17.17
14 Nov 2025$17.17
21 Nov 2025$17.17
28 Nov 2025$17.17
5 Dec 2025$17.17
12 Dec 2025$17.17
19 Dec 2025$17.17
26 Dec 2025$17.14
2 Jan 2026$17.14
9 Jan 2026$17.14
16 Jan 2026$17.14
23 Jan 2026$17.14
30 Jan 2026$17.14
6 Feb 2026$17.14
13 Feb 2026$17.14
20 Feb 2026$17.14
27 Feb 2026$17.14
6 Mar 2026$17.14
13 Mar 2026$17.14
20 Mar 2026$17.14
27 Mar 2026$16.98
2 Apr 2026$16.98
10 Apr 2026$16.98
17 Apr 2026$16.98
24 Apr 2026$16.98
1 May 2026$16.98
8 May 2026$16.98
15 May 2026$16.98
22 May 2026$16.98
29 May 2026$16.98
5 Jun 2026$16.98
12 Jun 2026$16.98
18 Jun 2026$16.98
26 Jun 2026$16.24
2 Jul 2026$16.24
10 Jul 2026$16.24
17 Jul 2026$16.24
24 Jul 2026$16.24
31 Jul 2026$16.24
7 Aug 2026$16.24
14 Aug 2026$16.24
21 Aug 2026$16.24
28 Aug 2026$16.24
4 Sep 2026$16.24
11 Sep 2026$16.24
18 Sep 2026$16.24
25 Sep 2026$16.24
2 Oct 2026$16.24
9 Oct 2026$16.24
16 Oct 2026$16.24
23 Oct 2026$16.24
30 Oct 2026$16.24
4 Nov 2026$16.24
Top: P/BV each week. Below: book value per share, quarterly steps drawn, a step line that moves once a quarter; 1 year of history; short peaks above 1.4× are drawn at the top edge.

PEG 2.66 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 2.66×
  • PEG = 1.0 1.00×
PEG 2.66 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Sep 20211.22×1.00×
Dec 20211.27×1.00×
Mar 20222.66×1.00×
Jun 20222.66×1.00×
Sep 20222.66×1.00×
Dec 20222.66×1.00×
Mar 20232.66×1.00×
Jun 20232.66×1.00×
Sep 20232.66×1.00×
Dec 20232.66×1.00×
Mar 20242.66×1.00×
Jun 20242.66×1.00×
Sep 20242.66×1.00×
Dec 20242.66×1.00×
Mar 20252.66×1.00×
Jun 20252.66×1.00×
Sep 20252.66×1.00×
Dec 20252.66×1.00×
Mar 20262.66×1.00×
Jun 20262.66×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 20 quarters.
1.1×P/BV · lower than 63% of its last 1 year
n/mPEG · 3-year earnings growth is negative

Why the multiple is where it is: over the past year book value grew while the price moved −16.0%. Price and book value moved together, so the multiple stayed in its range.

In short: the multiple is about average against its own past, so the book value trend underneath matters more than the multiple.

Is the Sixth Street Specialty Lending business getting better or worse?

Sixth Street Specialty Lending, Inc.'s business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −13.8% in the latest quarter, against +45.6% at its best in 12 quarters, with ROE falling at 5.8%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue −6.9% in FY25, profit −8.6%

  • Revenue growth −6.9%
Growth year by year: revenue −6.9% in FY25, profit −8.6%
QuarterRevenue growth
FY21–
FY2211%
FY2341.6%
FY2410.1%
FY25−6.9%

Profit growth, EPS growth

  • Profit growth −8.6%
  • EPS growth −10.6%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22−49%−50.6%
FY23105.5%89%
FY24−16%−22.3%
FY25−8.6%−10.6%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue rolling over, profit rolling over

  • Revenue −13.8%
Three growth lines over twelve quarters: revenue rolling over, profit rolling over
QuarterRevenue
Sep 202345.6%
Dec 202341.6%
Mar 202435.8%
Jun 202423.9%
Sep 202414.3%
Dec 202410.1%
Mar 20254.7%
Jun 20250.2%
Sep 2025−2.9%
Dec 2025−6.9%
Mar 2026−11.4%
Jun 2026−13.8%

Profit, EPS

  • Profit −52.5%
  • EPS −53.4%
Profit, EPS
QuarterProfitEPS
Sep 2023109.6%94.2%
Dec 2023105.5%95.3%
Mar 202480.3%69.2%
Jun 202412.9%4.1%
Sep 2024−14%−20.3%
Dec 2024−16%−22.2%
Mar 2025−18.7%−24.2%
Jun 2025−11%−15.4%
Sep 20252.6%−1.3%
Dec 2025−8.6%−11%
Mar 2026−38.9%−39.9%
Jun 2026−52.5%−53.4%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROE: the return line, worked out each quarter

  • ROE 5.8%
ROE: the return line, worked out each quarter
QuarterROE
Sep 202314.6%
Dec 202314.8%
Mar 202413.7%
Jun 202413.2%
Sep 202411.7%
Dec 202411.6%
Mar 202511%
Jun 202511.6%
Sep 202511.8%
Dec 202510.6%
Mar 20267%
Jun 20265.8%
Net profit over the last 12 months as a share of equity at the quarter end, %.
FallingRevenue growth · latest −13.8%, range −13.8% to +45.6%
FallingProfit growth · latest −52.5%, range −52.5% to +109.6%
FallingEPS growth · latest −53.4%, range −53.4% to +95.3%
FallingROE · latest 5.8%, range 5.8% to 14.8%

Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−6.9%+13.2%——
Profit−8.6%+16.4%——
EPS−10.6%+9.5%——
Stock price−16.0%———
−14.9%Revenue growth (Jun 2026) · latest quarter against a year ago
−31.3%Profit growth (Jun 2026) · latest quarter against a year ago
12.7%Revenue, 4 years · yearly growth over the long run

How much does Sixth Street Specialty Lending earn on its equity and assets?

Sixth Street Specialty Lending, Inc. earned a return on equity of 11% in FY25. Its lowest yearly reading on file was 8% in FY22. On its assets, every $100 earned about $5.33, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together.

Two numbers rate a bank: ROE, what it earns on shareholders’ money, and ROA, what it earns on all its assets. An ROE above about 13 to 15% is healthy; below that, net worth grows slowly.

That return is below the level a bank needs to grow its net worth quickly, which helps explain why its multiple is where it is.

FY25: ROE 11%, ROA 6.20%, up from a FY22 low of 8%

  • ROE 10.6%
FY25: ROE 11%, ROA 6.20%, up from a FY22 low of 8%
QuarterROE
FY2116.6%
FY228.1%
FY2314.8%
FY2411.6%
FY2510.6%

ROA

  • ROA 6.2%
ROA
QuarterROA
FY214.6%
FY225.4%
FY236.7%
FY246.8%
FY256.2%
Return on equity each year, % (top); return on assets, % (below). 5-year window. A lender is judged on ROE and ROA; return on capital used (ROIC) does not apply to a bank.

Jun 2026: ROE 26.5% (last 12 months), ROA 5.10%

  • ROE (12 months) 26.5%
Jun 2026: ROE 26.5% (last 12 months), ROA 5.10%
QuarterROE (12 months)
Sep 202355.4%
Dec 202362.3%
Mar 202462.1%
Jun 202458.7%
Sep 202455.5%
Dec 202448.1%
Mar 202547.1%
Jun 202544%
Sep 202546.8%
Dec 202547.6%
Mar 202642.3%
Jun 202626.5%

ROA (12 months)

  • ROA (12 months) 5.1%
ROA (12 months)
QuarterROA (12 months)
Sep 20236.7%
Dec 20236.8%
Mar 20247.1%
Jun 20246.8%
Sep 20247%
Dec 20246.8%
Mar 20256.8%
Jun 20256.5%
Sep 20256.2%
Dec 20256%
Mar 20266%
Jun 20265.1%
Return on equity over the last 12 months (top) and on assets (below), each quarter, %. Last 12 quarters, lined up with the yearly figure.

Why ROE moved: profit grew −5.3% a year over 4 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low.

Does Sixth Street Specialty Lending have too much debt?

For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead.

For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here.

What is the Sixth Street Specialty Lending shareholding pattern?

We have no ownership or short-position figures for Sixth Street Specialty Lending, Inc., so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 7.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

How far is Sixth Street Specialty Lending from balance-sheet trouble?

For Sixth Street Specialty Lending, Inc., the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Sixth Street Specialty Lending rank in its industry?

There is no score against its industry: Sixth Street Specialty Lending, Inc. is not among the largest members shown in this industry comparison for Asset Management.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

Which companies is Sixth Street Specialty Lending compared with?

No sector comparison is shown here, not among the largest members shown in this industry comparison.

Which companies are close to Sixth Street Specialty Lending in size?

Sixth Street Specialty Lending is the 48th largest of 90 Asset Management companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: GCM Grosvenor Inc., Strive, Inc. and Trinity Capital Inc. Just below it: Central Securities Corporation, Capital Southwest Corporation and Patria Investments.

Asset Management companies close in size

  1. GCM Grosvenor Inc. $2.6 billion
  2. Strive, Inc. $2 billion
  3. Trinity Capital Inc. $1.7 billion
  4. Sixth Street Specialty Lending, Inc. $1.7 billion
  5. Central Securities Corporation $1.7 billion
  6. Capital Southwest Corporation $1.6 billion
  7. Patria Investments Limited $1.6 billion

All 90 Asset Management companies, largest first

Companies close in size in other industries

  1. J&J Snack Foods Corp. $1.7 billion · Packaged Foods
  2. Trinity Capital Inc. $1.7 billion · Asset Management
  3. Sixth Street Specialty Lending, Inc. $1.7 billion
  4. Liberty Latin America Ltd. $1.7 billion · Telecom Services
  5. Donnelley Financial Solutions, Inc. $1.7 billion · Software - Application

What else do people ask about Sixth Street Specialty Lending?

What were Sixth Street Specialty Lending's latest quarterly results?

Sixth Street Specialty Lending, Inc. reported total income of $97.8 M and net profit of $40.5 M for the Jun 2026 quarter. Income fell 14.9% and profit fell 31.3% compared with a year earlier. Earnings per share were $0.43 (as of 4 November 2026).

What is Sixth Street Specialty Lending's market cap?

Sixth Street Specialty Lending, Inc.'s market capitalisation is $1.7 B at a stock price of $17.81. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Sixth Street Specialty Lending performing?

Sixth Street Specialty Lending, Inc.'s latest readings are below. In its latest quarter, income fell 14.9% and profit fell 31.3% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 1 week running (as of 4 November 2026).

Will Sixth Street Specialty Lending's stock price go up?

This page does not forecast Sixth Street Specialty Lending, Inc.'s stock price. What it shows instead: the stock price is $17.81. Its P/BV of 1.1× is higher than 37% of its own last 1 years (as of 4 November 2026).

Where is Sixth Street Specialty Lending in its business cycle?

Sixth Street Specialty Lending, Inc.'s FY25 net margin was 38.0%, against a 5-year range of 34.9% to 76.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 41.4%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Sixth Street Specialty Lending story?

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Sixth Street Specialty Lending a stock worth studying right now?

What the numbers show: Sixth Street Specialty Lending, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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