TSLX (Sixth Street Specialty Lending) Shares Outstanding (Basic Average): 94.7 Mil (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 Shares Outstanding (Basic Average)?

Sixth Street Specialty Lending TSLX -2.82% 53 Shares Outstanding (Basic Average) is 94.7 Mil 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.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Sixth Street Specialty Lending's average basic shares outstanding for the quarter that ended in Mar. 2026 was 94.7 Mil.


Sixth Street Specialty Lending  (NYSE:TSLX) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Sixth Street Specialty Lending Shares Outstanding (Basic Average) Related Terms


Sixth Street Specialty Lending Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Sixth Street Specialty Lending's Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) Chart

Sixth Street Specialty Lending Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.17 78.20 85.13 92.04 94.10

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
Shares Outstanding (Basic Average) 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 93.67 93.97 94.25 94.50 94.71
TSLX
53GF Score
Sixth Street Specialty Lending Inc TSLX
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Sixth Street Specialty Lending Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 94.7 Mil mean?
Sixth Street Specialty Lending (TSLX) has a Shares Outstanding (Basic Average) of 94.7 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Sixth Street Specialty Lending and its competitors.
Is Sixth Street Specialty Lending's Shares Outstanding (Basic Average) too high?
Sixth Street Specialty Lending's current Shares Outstanding (Basic Average) is 94.7 Mil. 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 Shares Outstanding (Basic Average) compare to BDJ and BCAT?
Sixth Street Specialty Lending's Shares Outstanding (Basic Average) of 94.7 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 Shares Outstanding (Basic Average) for an Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management industry context. However, Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Sixth Street Specialty Lending and its competitors. Sixth Street Specialty Lending's current Shares Outstanding (Basic Average) is 94.7 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 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 Shares Outstanding (Basic Average) is 94.7 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 Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Sixth Street Specialty Lending (TSLX), the current Shares Outstanding (Basic Average) is 94.7 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 $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:

  • Shares Outstanding (Basic Average): 94.7 Mil
  • GF Value™: $12.56 vs. price of $16.20 (29% 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

Get the complete analysis for TSLX

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.20
Price
$12.56
GF Value