Morgan Stanley Direct Lending Fund (MSDL)

NYSE: MSDL · Real-Time Price · USD

13.62

-0.49 (-3.47%)

At close: Nov 6, 2026, 4:00 PM EST

13.95

+0.33 (2.45%)

After-hours: Nov 6, 2026, 7:57 PM EST

MSDL Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Other Revenue	360.57	397.29	416.08	367.74	230.59	119.82
Revenue	360.57	397.29	416.08	367.74	230.59	119.82
Revenue Growth	-10.69%	-4.52%	13.14%	59.48%	92.46%	447.03%
Gross Profit	360.57	397.29	416.08	367.74	230.59	119.82
Selling, General & Admin	66.05	82.32	70.48	55.28	35.07	25.79
Operating Expenses	66.05	82.32	70.48	55.28	35.07	25.79
Operating Income	294.52	314.97	345.6	312.46	195.53	94.02
Interest Expense	-124.55	-131.48	-117.95	-109.83	-64.16	-20
Currency Exchange Gain (Loss)	-0.06	0.14	-0.1	-	-	-
Other Non Operating Income (Expenses)	-4.66	-4.66	-4.98	-3.06	-3.02	-1.02
EBT Excluding Unusual Items	165.25	178.98	222.58	199.58	128.34	73.01
Gain (Loss) on Sale of Investments	-156.44	-54.07	-4.58	32.95	-79.47	10.33
Pretax Income	8.81	124.91	218	232.53	48.88	83.34
Income Tax Expense	3.97	2.81	2.44	1.52	0.33	0.08
Net Income	4.84	122.09	215.56	231.01	48.54	83.26
Net Income to Common	4.84	122.09	215.56	231.01	48.54	83.26
Net Income Growth	-96.66%	-43.36%	-6.69%	375.90%	-41.70%	355.02%
Shares Outstanding (Basic)	85	87	89	74	62	31
Shares Outstanding (Diluted)	85	87	89	74	62	31
Shares Change	-2.83%	-1.56%	19.41%	20.37%	97.94%	312.19%
EPS (Basic)	0.06	1.40	2.43	3.11	0.79	2.67
EPS (Diluted)	0.06	1.40	2.43	3.11	0.79	2.67
EPS Growth	-96.64%	-42.47%	-21.86%	295.37%	-70.54%	10.39%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	2.000	2.000	2.000	2.000	1.920	2.070
Dividend Growth	300.00%	0%	0%	4.17%	-7.25%	84.82%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	81.68%	79.28%	83.06%	84.97%	84.79%	78.47%
Profit Margin	1.34%	30.73%	51.81%	62.82%	21.05%	69.49%
EBIT	294.52	314.97	345.6	312.46	195.53	94.02
EBIT Margin	81.68%	79.28%	83.06%	84.97%	84.79%	78.47%
Effective Tax Rate	45.05%	2.25%	1.12%	0.65%	0.68%	0.10%
Revenue as Reported	360.57	397.29	416.08	367.74	230.59	119.82

SEC Filings: 10-K · 10-Q