Sixth Street Specialty Lending, Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Sixth Street Specialty Lending, Inc. (TSLX), the latest P/E of 19.2 frames valuation, while ROE 0.02% and ROIC 3.72% indicates profitability and capital efficiency. Together with the current ratio of 0.80 and debt-to-equity 1.24, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

TSLX Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$3.63$3.91$4.34$2.39$3.69$3.50$3.34$3.91$3.30$3.28
Net Income per Share$0.94$2.03$2.61$1.38$2.93$2.65$2.34$1.86$1.86$2.34
Operating Cash Flow per Share$1.64$2.03$2.26$0.92$1.56$2.02$1.79$2.08$1.41$1.42
Free Cash Flow per Share$1.64$2.03$2.26$0.92$1.56$2.02$1.79$2.08$1.41$1.42
Cash per Share$2.04$0.05$0.01$0.13$0.02$0.04$0.07$0.05$0.06$0.08
Book Value per Share$16.30$17.47$17.58$17.16$17.68$17.28$16.94$16.61$16.16$16.25
Tangible Book Value per Share$16.30$17.47$17.58$17.16$17.68$17.28$16.94$16.61$16.16$16.25
Interest Debt per Share$21.38$21.82$22.04$19.09$16.99$17.07$17.17$10.07$12.12$11.98
CAPEX per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

TSLX Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)19.1610.518.2812.887.977.839.189.7310.647.99
Price to Book (P/B)1.121.221.231.041.321.21.271.091.231.15
Price to Sales (P/S)5.025.454.977.446.345.926.434.6365.69
Enterprise Value to EBITDA23.1519.9716.1625.3813.4213.6115.8413.6115.8512.6
EV to Sales10.0410.729.7815.0910.7910.6311.387.059.549.2
EV to Operating Cash Flow22.2120.618.8539.3125.518.421.2413.2122.421.24
EV to Free Cash Flow22.2120.618.8539.3125.518.421.2413.2122.421.24
Enterprise Value$3.46B$3.86B$3.62B$2.82B$2.87B$2.50B$2.51B$1.76B$1.89B$1.77B

TSLX Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)0.02%11.61%14.84%8.05%16.60%15.34%13.81%11.19%11.51%14.39%
Return on Invested Capital (ROIC)3.72%5.26%6.71%3.81%8.40%7.71%6.86%9.18%8.94%9.99%
Return on Tangible Assets2.51%5.21%6.64%3.81%8.30%7.62%6.78%6.88%6.49%8.18%
Earnings Yield5.15%9.52%12.07%7.76%12.55%12.77%10.90%10.28%9.40%12.52%
Free Cash Flow Yield9.01%9.55%10.44%5.16%6.67%9.75%8.33%11.52%7.10%7.61%
Dividend Yield10.38%8.61%8.51%10.40%13.15%9.35%6.91%8.28%7.97%7.34%

TSLX Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio0.81.90.1600.511.040.990.150.710.49
Interest Coverage1.331.812.322.25.34.963.954.366.547.88
Income Quality1.7510.860.660.530.760.761.120.760.61
Debt to Equity1.241.181.191.070.930.960.980.570.730.71
Debt to Assets54.33%53.07%53.24%50.82%46.47%47.48%47.98%35.14%40.89%40.63%
Net Debt to EBITDA11.589.827.9512.875.536.036.884.675.884.81

TSLX Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover9.3311.7913.229.9324.7127.4316.8928.3329.2819.88
Payables Turnover00001.311.341.55000
Inventory Turnover0000000000
Days Sales Outstanding39.1330.9627.6136.7514.7713.3121.6112.8812.4718.36
Days Payables Outstanding0000279.37273.23236.2000
Days of Inventory on Hand0000000000

TSLX Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA23.1519.9716.1625.3813.4213.6115.8413.6115.8512.6
Market Cap$1.73B$1.96B$1.84B$1.39B$1.69B$1.39B$1.42B$1.16B$1.19B$1.09B
Enterprise Value$3.46B$3.86B$3.62B$2.82B$2.87B$2.50B$2.51B$1.76B$1.89B$1.77B
Dividend Yield10.38%8.61%8.51%10.40%13.15%9.35%6.91%8.28%7.97%7.34%
Payout Ratio177.03%90.43%70.45%133.94%104.80%73.24%63.44%80.58%84.85%58.60%

Frequently Asked Questions

How does Sixth Street Specialty Lending, Inc.’s P/E ratio compare with its history?

On this page, TSLX's current P/E is 19.2, compared with a multi-year average around 10.4. A higher P/E versus its own history is a calculated premium versus that average—not a conclusion that the stock is expensive. Cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so the multiple is read with those published figures.

What is Sixth Street Specialty Lending, Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $1.73B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Sixth Street Specialty Lending, Inc.’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Sixth Street Specialty Lending, Inc.'s own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Sixth Street Specialty Lending, Inc. compare to its competitors in key financial ratios?

The fastest way to compare Sixth Street Specialty Lending, Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Sixth Street Specialty Lending, Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Sixth Street Specialty Lending, Inc.'s liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Sixth Street Specialty Lending, Inc. is financially strong. Current ratio is about 0.80, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 1.33, implying less buffer for servicing interest costs. Debt-to-equity is about 1.24, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Sixth Street Specialty Lending, Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Sixth Street Specialty Lending, Inc. is sustaining strong returns (for example ROE at 0.02% and ROIC at 3.72%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.