TSLX (Sixth Street Specialty Lending) FCF Margin %: 134.16% (As of Mar. 2026)


TSLX Sixth Street Specialty Lending Inc TSLX
53 GF Score
Price $16.20
GF Value $12.56
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Sixth Street Specialty Lending FCF Margin %?

Sixth Street Specialty Lending TSLX -2.82% 53 FCF Margin % is 134.16% as of Mar. 2026. GuruFocus rates TSLX with a GF Score™ of 53/100 and a GF Value™ of $12.56 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,465 Asset Management companies, Sixth Street Specialty Lending ranks better than 86.42% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Sixth Street Specialty Lending's Free Cash Flow for the three months ended in Mar. 2026 was $-23.4 Mil. Sixth Street Specialty Lending's Revenue for the three months ended in Mar. 2026 was $-17.4 Mil. Therefore, Sixth Street Specialty Lending's FCF Margin % for the quarter that ended in Mar. 2026 was 134.16%.

As of today, Sixth Street Specialty Lending's current FCF Yield % is 14.83%.

The historical rank and industry rank for Sixth Street Specialty Lending's FCF Margin % or its related term are showing as below:

TSLX' s FCF Margin % Range Over the Past 10 Years
Min: -209.54   Med: -8.45   Max: 185.43
Current: 150.27


During the past 13 years, the highest FCF Margin % of Sixth Street Specialty Lending was 185.43%. The lowest was -209.54%. And the median was -8.45%.

TSLX's FCF Margin % is ranked better than
86.42% of 1465 companies
in the Asset Management industry
Industry Median: 14.69 vs TSLX: 150.27


Sixth Street Specialty Lending FCF Margin % Related Terms


Sixth Street Specialty Lending FCF Margin % Historical Data

* Premium members only.

The historical data trend for Sixth Street Specialty Lending's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sixth Street Specialty Lending FCF Margin % Chart

Sixth Street Specialty Lending Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 -164.50 -86.61 -17.98 185.43

Sixth Street Specialty Lending Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 317.37 271.24 -27.30 181.38 134.16

TSLX vs BDJ, BCAT, DXYZ: FCF Margin % Comparison

For the Asset Management subindustry, Sixth Street Specialty Lending's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sixth Street Specialty Lending FCF Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Sixth Street Specialty Lending's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Sixth Street Specialty Lending's FCF Margin % falls into.


TSLX
53GF Score
Sixth Street Specialty Lending Inc TSLX
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sixth Street Specialty Lending FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Sixth Street Specialty Lending's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=401.577/216.571
=185.43 %

Sixth Street Specialty Lending's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-23.354/-17.408
=134.16 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 134.16% mean?
Sixth Street Specialty Lending (TSLX) has a FCF Margin % of 134.16% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Sixth Street Specialty Lending and its competitors. According to the industry distribution chart, Sixth Street Specialty Lending ranks #199 out of 1465 companies in the Asset Management industry, placing it in the top 13.6%.
Is Sixth Street Specialty Lending's FCF Margin % too high?
Sixth Street Specialty Lending's current FCF Margin % is 134.16%. The Asset Management industry median FCF Margin % is 14.69. Sixth Street Specialty Lending's value of 134.16% is 813.3% above this industry median. Based on the distribution chart, Sixth Street Specialty Lending ranks #199 out of 1465 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Sixth Street Specialty Lending has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sixth Street Specialty Lending's FCF Margin % compare to BDJ and BCAT?
According to the Asset Management industry distribution chart, Sixth Street Specialty Lending ranks #199 out of 1465 companies for FCF Margin %. This places Sixth Street Specialty Lending in the top 14% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 14.69. Sixth Street Specialty Lending's value of 134.16% is 813.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Asset Management company?
The median FCF Margin % among Asset Management companies is 14.69, based on 1,465 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sixth Street Specialty Lending's current FCF Margin % of 134.16% is 813.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Sixth Street Specialty Lending and its competitors. For the Asset Management industry, the median FCF Margin % is 14.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sixth Street Specialty Lending's current FCF Margin % is 134.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sixth Street Specialty Lending stock overvalued right now?
Based on GuruFocus' analysis, Sixth Street Specialty Lending (TSLX) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.56, compared to a current price of $16.20 — trading 29% above its estimated fair value. The current FCF Margin % is 134.16% and 813.3% above the Asset Management industry median of 14.69. Sixth Street Specialty Lending's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Sixth Street Specialty Lending (TSLX), the current FCF Margin % is 134.16% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sixth Street Specialty Lending (TSLX) Overvalued in 2026?

Based on GuruFocus' analysis, Sixth Street Specialty Lending stock appears to be overvalued. The current stock price of $16.20 is trading 29% above its estimated GF Value™ of $12.56. GuruFocus considers Sixth Street Specialty Lending to be Modestly Overvalued.

Key valuation signals for TSLX:

  • FCF Margin %: 134.16%
  • GF Value™: $12.56 vs. price of $16.20 (29% above fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 813.3% above the Asset Management median (#199 of 1465)

No single metric tells the full story. See the TSLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sixth Street Specialty Lending Business Description

Other Exchanges 1T6:Germany
Address 2100 McKinney Avenue, Suite 1500, Dallas, TX, USA, 75201
Sixth Street Specialty Lending Inc is a specialty finance company focused on providing flexible, fully committed financing solutions to middle market companies located in the United States of America. The company partners with other companies across a variety of industries and provides creative solutions with complex business models that may have limited access to capital. The company seeks to generate current income in U.S.-domiciled middle-market companies through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine and unsecured loans and investments in corporate bonds and equity securities.
53GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.20
Price
$12.56
GF Value