MSDL · Morgan Stanley Direct Lending Fund

$15.31 +0.05 (+0.33%)

Market Cap

$1.29B

84.11M

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Net Income

$122.09M -43.4%

FY2025

Diluted EPS

$1.40 -42.4%

FY2025

Operating Cash Flow

$150.9M +139.4%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Interest Expense	+26.5%	—	—	$129.93M	$136.13M	$122.93M	$112.88M	$67.18M	$21.02M	—
Net Income	+36.0%	—	—	$59.75M	$122.09M	$215.56M	$231.01M	$48.54M	$83.26M	—
EPS (Basic) USD/shares	+21.0%	—	—	$0.69	$1.40	$2.43	$3.11	$0.79	$2.67	—
EPS (Diluted) USD/shares	+21.0%	—	—	$0.69	$1.40	$2.43	$3.11	$0.79	$2.67	—
Shares Outstanding (Basic Avg) shares	+12.3%	+63.1%	—	—	87.27M	88.65M	74.24M	61.68M	31.16M	7.56M
Shares Outstanding (Diluted Avg) shares	+12.3%	+63.1%	—	—	87.27M	88.65M	74.24M	61.68M	31.16M	7.56M

Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2021–FY2025: $60.03M in buybacks, $587.58M in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

—

Peer median 5.19×

EV/EBIT

—

Peer median 13.27×

P/E (TTM)

22.16×

Peer median 19.66×

Peer medians compare against the 63 similar-size Asset Management companies (of 112 listed).

Valuation over time computed as of each quarter's filing date

Key facts CIK 1782524 CUSIP 61774A103 13F (30d) 126 filings 123 filers Visit website Investor relations