Oaktree Specialty [OCSL] vs Sixth Street [TSLX] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 19 vital metrics comparison: Oaktree Specialty Lending Corporation wins in 8 metrics, Sixth Street Specialty Lending Inc. wins in 11 metrics, with 0 ties. Sixth Street Specialty Lending Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Oaktree Specialty Lending Corporation Sixth Street Specialty Lending Inc. Better
P/E Ratio (TTM) 34.69 10.27 Sixth Street Specialty Lending Inc.
Price-to-Book Ratio 0.77 1.10 Oaktree Specialty Lending Corporation
Debt-to-Equity Ratio 112.40 108.43 Sixth Street Specialty Lending Inc.
PEG Ratio -1.04 9.57 Sixth Street Specialty Lending Inc.
Profit Margin (TTM) 10.58% 37.97% Sixth Street Specialty Lending Inc.
Operating Margin (TTM) 84.38% 77.00% Oaktree Specialty Lending Corporation
EBITDA Margin (TTM) 84.38% 77.00% Oaktree Specialty Lending Corporation
Return on Equity 2.24% 10.61% Sixth Street Specialty Lending Inc.
Return on Assets (TTM) 5.20% 6.16% Sixth Street Specialty Lending Inc.
Free Cash Flow (TTM) $228.37M $401.58M Sixth Street Specialty Lending Inc.
Dividend Yield 17.23% 10.95% Oaktree Specialty Lending Corporation
1-Year Return -18.25% -26.02% Oaktree Specialty Lending Corporation
Price-to-Sales Ratio (TTM) 3.60 3.95 Oaktree Specialty Lending Corporation
Enterprise Value $2.63B $3.51B Sixth Street Specialty Lending Inc.
EV/Revenue Ratio 8.63 7.82 Sixth Street Specialty Lending Inc.
Revenue per Share (TTM) $3 $5 Sixth Street Specialty Lending Inc.
Earnings per Share (Diluted) $0.36 $1.82 Sixth Street Specialty Lending Inc.
Beta (Stock Volatility) 0.56 0.69 Oaktree Specialty Lending Corporation
Short % of Float 3.29% 9.05% Oaktree Specialty Lending Corporation

Oaktree Specialty Lending Corporation vs Sixth Street Specialty Lending Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Oaktree Specialty Lending Corporation3.47%3.21%-5.27%5.25%-10.01%-3.93%
Sixth Street Specialty Lending Inc.2.32%1.84%-10.58%-4.38%-20.69%-18.42%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Oaktree Specialty Lending Corporation-18.25%-36.11%-41.29%-20.74%-0.83%-2.37%
Sixth Street Specialty Lending Inc.-26.02%-7.56%-23.22%5.64%7.69%7.69%

Performance & Financial Health Analysis: Oaktree Specialty Lending Corporation vs Sixth Street Specialty Lending Inc.

MetricOCSLTSLX
Market Information
Market Cap i$1.10B$1.78B
Market Cap CategorySmall capSmall cap
10 Day Avg. Volume i1,217,165672,080
90 Day Avg. Volume i1,110,602799,027
Last Close$12.22$17.67
52 Week Range$10.63 - $14.77$16.96 - $25.17
% from 52W High-17.26%-29.80%
All-Time High$30.60 (Jul 07, 2014)$25.17 (Jul 18, 2025)
% from All-Time High-60.07%-29.80%
Growth Metrics
Quarterly Revenue Growth-0.13%-0.13%
Quarterly Earnings Growth-0.23%-0.41%
Financial Health
Profit Margin (TTM) i0.11%0.38%
Operating Margin (TTM) i0.84%0.77%
Return on Equity (TTM) i0.02%0.11%
Debt to Equity (MRQ) i112.40108.43
Cash & Liquidity
Book Value per Share (MRQ)$16.30$16.98
Cash per Share (MRQ)$0.92$0.03
Operating Cash Flow (TTM) i$965,000$401.58M
Levered Free Cash Flow (TTM) i$181.58M$123.24M
Dividends
Last 12-Month Dividend Yield i17.23%10.95%
Last 12-Month Dividend i$2.09$1.99

Valuation & Enterprise Metrics Analysis: Oaktree Specialty Lending Corporation vs Sixth Street Specialty Lending Inc.

MetricOCSL (Apr 24, 2026)TSLX (Apr 26, 2026)
Price Ratios
P/E Ratio (TTM) i34.6910.27
Forward P/E i8.459.57
PEG Ratio i-1.049.57
Price to Sales (TTM) i3.603.95
Price to Book (MRQ) i0.771.10
Market Capitalization
Market Capitalization i$1.10B$1.78B
Enterprise Value i$2.63B$3.51B
Enterprise Value Metrics
Enterprise to Revenue i8.637.82
Enterprise to EBITDA iN/AN/A
Risk & Other Metrics
Beta i0.560.69
Book Value per Share (MRQ) i$16.30$16.98

Financial Statements Comparison: Oaktree Specialty Lending Corporation vs Sixth Street Specialty Lending Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricOCSL (2025)TSLX (2025)
Revenue/Sales i24.95M216.57M
Cost of Goods Sold iN/AN/A
COGS % of Revenue i0.0%0.0%
Gross Profit iN/AN/A
Gross Margin i0.0%0.0%
Research & Development iN/AN/A
Operating Income (EBIT) iN/AN/A
Operating Margin i0.0%0.0%
EBITDA iN/AN/A
EBITDA Margin i0.0%0.0%
Pre-Tax Income i35.18M176.26M
Pre-Tax Income % of Revenue i141.0%81.4%
Income Tax i1.26M5.74M
Income Tax % of Revenue i5.0%2.6%
Net Income (Profit) i33.92M170.52M
Profit Margin i135.9%78.7%

Balance Sheet & Liquidity Metrics

MetricOCSL (2025)TSLX (2025)
Cash & Equivalents i79.63M2.94M
Total Current Assets iN/AN/A
Total Current Assets % of Revenue i0.0%0.0%
Total Current Liabilities iN/AN/A
Total Current Liabilities % of Revenue i0.0%0.0%
Long-Term Debt i1.49B1.74B
Long-Term Debt % of Revenue i5,959.2%804.9%
Total Shareholders Equity i1.47B1.61B
Retained Earnings i-885.14M81.64M
Retained Earnings % of Revenue i-3,547.5%37.7%
Property, Plant & Equipment iN/AN/A

Cash Flow Statement Comparison

MetricOCSL (2025)TSLX (2025)
Operating Cash Flow i36.37M152.53M
Operating Cash Flow % of Revenue i145.7%70.4%
Capital Expenditures iN/AN/A
Free Cash Flow i228.37M401.58M
FCF Margin i915.3%185.4%
Debt Repayment i-965.00M-1.57B
Common Stock Repurchase i-10.67MN/A

Short Interest & Institutional Ownership Analysis

MetricOCSLTSLX
Shares Short i2.89M8.27M
Short Ratio i3.3610.22
Short % of Float i3.29%9.05%
Shares Outstanding i88.09M94.71M
Float Shares iN/AN/A
% Held by Insiders i0.30%0.47%
% Held by Institutions i50.28%57.57%
% Held by Public i49.42%41.96%

Dividend Analysis & Yield Comparison: Oaktree Specialty Lending Corporation vs Sixth Street Specialty Lending Inc.

MetricOCSLTSLX
Last 12-Month Dividend i$2.09$1.99
Last 12-Month Dividend Yield i17.23%10.95%
3-Year Avg Annual Dividend i$2.19$2.05
3-Year Avg Dividend Yield i3.08%1.22%
3-Year Total Dividends i$6.56$6.16
Ex-Dividend DateMar 16, 2026Mar 16, 2026