Morgan Stanley Direct Lending Fund (MSDL) — Free Cash Flow Generation Index

Latest as of March 2026: 1.00x

Morgan Stanley Direct Lending Fund (MSDL) has a Free Cash Flow Generation Index of 1.00x as of March 2026. Free cash flow of $86.35 Million represents 1% of operating cash flow ($86.35 Million). Read how much debt does Morgan Stanley Direct Lending Fund carry for a breakdown of total debt and financial obligations.

FCF Generation Index

1.00x
Free Cash Flow / Operating CF

Free Cash Flow

$86.35 Million
USD

Operating Cash Flow

$86.35 Million
USD

Capital Expenditures

$0.00
USD

Morgan Stanley Direct Lending Fund Free Cash Flow Generation Index (2020–2025)

Historical FCF Generation Index trend for Morgan Stanley Direct Lending Fund across 6 annual periods.

Annual Free Cash Flow Generation for Morgan Stanley Direct Lending Fund (2020–2025)

Year-by-year Free Cash Flow Generation Index for Morgan Stanley Direct Lending Fund. For the full company profile including market capitalisation, see MSDL market cap overview.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 1.00x $150.90 Million $150.90 Million $0.00 ▲ +0.0%
2024 1.00x $201.47 Million $201.47 Million $0.00 ▲ +0.0%
2023 1.00x $185.78 Million $185.78 Million $0.00 ▲ +0.0%
2022 1.00x $121.59 Million $121.59 Million $0.00 ▲ +0.0%
2021 1.00x $67.69 Million $67.69 Million $0.00 ▲ +0.0%
2020 1.00x $12.43 Million $12.43 Million $0.00
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).