Sixth Street Specialty LendingTSLX +4.26%53 Pretax Margin % is 142.58% as of Mar. 2026, which is 64% above its 10-year median of 87.17. GuruFocus rates TSLX with a GF Score™ of 53/100 and a GF Value™ of $12.56 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,576 Asset Management companies, Sixth Street Specialty Lending ranks worse than 59.01% on this metric.
The historical rank and industry rank for Sixth Street Specialty Lending's Pretax Margin % or its related term are showing as below:
TSLX'
s Pretax Margin % Range Over the Past 10 Years
Min: 74.46 Med: 87.17 Max: 94.78
Current: 74.46
TSLX's Pretax Margin % is ranked worse than 59.01% of 1576
companies
in the Asset Management industry
Industry Median: 89.475
vs TSLX: 74.46
Sixth Street Specialty Lending (NYSE:TSLX) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Sixth Street Specialty Lending Pretax Margin % Related Terms
Sixth Street Specialty Lending Pretax Margin % Historical Data
* 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 Pretax Margin % Chart
TSLX vs BDJ, BCAT, DXYZ: Pretax Margin % Comparison
For the Asset Management subindustry, Sixth Street Specialty Lending's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Sixth Street Specialty Lending's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Sixth Street Specialty Lending's Pretax Margin % falls into.
* 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 (TSLX) has a Pretax Margin % of 142.58% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Sixth Street Specialty Lending and its competitors. This is 64% above median its historical median of 87.17. Over the past decade, Sixth Street Specialty Lending's Pretax Margin % has ranged from 74.46 to 94.78. According to the industry distribution chart, Sixth Street Specialty Lending ranks #930 out of 1576 companies in the Asset Management industry, placing it in the top 59%.
Is Sixth Street Specialty Lending's Pretax Margin % too high?
Sixth Street Specialty Lending's current Pretax Margin % of 142.58% is 64% above median its 10-year median of 87.17. Over the past 10 years, this metric has ranged from a low of 74.46 to a high of 94.78. The Asset Management industry median Pretax Margin % is 89.48. Sixth Street Specialty Lending's value of 142.58% is 59.4% above this industry median. Based on the distribution chart, Sixth Street Specialty Lending ranks #930 out of 1576 companies in the Asset Management industry, which is below the industry midpoint. 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 Pretax Margin % compare to BDJ and BCAT?
According to the Asset Management industry distribution chart, Sixth Street Specialty Lending ranks #930 out of 1576 companies for Pretax Margin %. This places Sixth Street Specialty Lending in the lower half of its industry. The industry median Pretax Margin % is 89.48. Sixth Street Specialty Lending's value of 142.58% is 59.4% above this benchmark. Historically, Sixth Street Specialty Lending's own Pretax Margin % has ranged from 74.46 to 94.78 over the past decade. While the company's 10-year median is 87.17 vs. the industry median of 89.48, Sixth Street Specialty Lending has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.48, based on 1,576 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sixth Street Specialty Lending's current Pretax Margin % of 142.58% is 59.4% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Sixth Street Specialty Lending and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sixth Street Specialty Lending's current Pretax Margin % is 142.58%, which is 64% above median its own 10-year median of 87.17. 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 $12.56, compared to a current price of $16.89 — trading 34.5% above its estimated fair value. The current Pretax Margin % is 142.58%, which is 64% above median its 10-year median of 87.17 and 59.4% above the Asset Management industry median of 89.48. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Sixth Street Specialty Lending (TSLX), the current Pretax Margin % is 142.58% 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 $16.89 is trading 34.5% above its estimated GF Value™ of $12.56.
GuruFocus considers Sixth Street Specialty Lending to be Significantly Overvalued.
Key valuation signals for TSLX:
Pretax Margin %: 142.58% (64% above median its 10-year median of 87.17)
GF Value™: $12.56 vs. price of $16.89 (34.5% above fair value)
Industry Position: 59.4% above the Asset Management median (#930 of 1576)
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
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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