TSLX (Sixth Street Specialty Lending) Total Noninterest Expense: $38.8 Mil (As of Mar. 2026)

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TSLX Sixth Street Specialty Lending Inc TSLX
53 GF Score
Price $17.20
GF Value $12.66
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Sixth Street Specialty Lending Total Noninterest Expense?

Sixth Street Specialty Lending TSLX +2.84% 53 Total Noninterest Expense is $38.8 Mil as of Mar. 2026. GuruFocus rates TSLX with a GF Score™ of 53/100 and a GF Value™ of $12.66 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Sixth Street Specialty Lending's Total Noninterest Expense for the three months ended in Mar. 2026 was $7.4 Mil. Sixth Street Specialty Lending's Total Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $38.8 Mil.

Sixth Street Specialty Lending Total Noninterest Expense Related Terms

Sixth Street Specialty Lending Total Noninterest Expense Historical Data

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The historical data trend for Sixth Street Specialty Lending's Total Noninterest Expense 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 Total Noninterest Expense Chart

Sixth Street Specialty Lending Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Noninterest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.80 25.26 49.57 59.86 40.32

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
Total Noninterest Expense 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 8.93 10.93 10.95 9.50 7.41
TSLX
53GF Score
Sixth Street Specialty Lending Inc TSLX
Total Noninterest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Sixth Street Specialty Lending Total Noninterest Expense Calculation

Total Noninterest Expense is any expenses incurred that not related to interest. It includes:
Selling, General, & Admin. Expense
Occupancy
Equipment
Professional fees
Amortization of intangibles
Any other special income/charges (too numerous to list)
Some banks can do choose to report each of these items separately. Yet, there are a variety of noninterest expense which are simply too numerous to list.

Total Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $38.8 Mil.

* 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.

What does a Total Noninterest Expense of $38.8 Mil mean?
Sixth Street Specialty Lending (TSLX) has a Total Noninterest Expense of $38.8 Mil as of Mar. 2026. Total noninterest expense is any expenses incurred that not related to interest. View historical data on Sixth Street Specialty Lending and its competitors.
Is Sixth Street Specialty Lending's Total Noninterest Expense too high?
Sixth Street Specialty Lending's current Total Noninterest Expense is $38.8 Mil. Overall, Sixth Street Specialty Lending has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sixth Street Specialty Lending's Total Noninterest Expense compare to BST and BCAT?
Sixth Street Specialty Lending's Total Noninterest Expense of $38.8 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Noninterest Expense for an Asset Management company?
A good Total Noninterest Expense depends on the Asset Management industry context. However, Total Noninterest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Noninterest Expense mean?
A high Total Noninterest Expense can signal that a stock is expensive relative to its fundamentals. Total noninterest expense is any expenses incurred that not related to interest. View historical data on Sixth Street Specialty Lending and its competitors. Sixth Street Specialty Lending's current Total Noninterest Expense is $38.8 Mil. 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 Significantly Overvalued. The stock's GF Value™ is $12.66, compared to a current price of $17.20 — trading 35.8% above its estimated fair value. The current Total Noninterest Expense is $38.8 Mil. 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 Total Noninterest Expense calculated?
Total Noninterest Expense is calculated from a company's financial statements. For Sixth Street Specialty Lending (TSLX), the current Total Noninterest Expense is $38.8 Mil 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 $17.20 is trading 35.8% above its estimated GF Value™ of $12.66. GuruFocus considers Sixth Street Specialty Lending to be Significantly Overvalued.

Key valuation signals for TSLX:

  • Total Noninterest Expense: $38.8 Mil
  • GF Value™: $12.66 vs. price of $17.20 (35.8% above fair value)
  • GF Score™: 53/100 with 6 warning signs

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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Total Noninterest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.20
Price
$12.66
GF Value