Morgan Stanley Direct Lending Fund (NYSE:MSDL) — Stock Price
Morgan Stanley Direct Lending Fund (NYSE:MSDL) is currently trading at $15.19 USD, down 1.56% today. Over the past 52 weeks, shares have ranged between $13.82 and $18.12. This page tracks Morgan Stanley Direct Lending Fund's live share price on the NYSE exchange, its daily price and volume history, and — where reported — its income statement, balance sheet, cash flow statement, and earnings history. For company valuation and market capitalisation context, see Morgan Stanley Direct Lending Fund (MSDL) market capitalisation.
Morgan Stanley Direct Lending Fund (MSDL) Stock Price Chart — Daily History & Trading Volume
The chart below tracks Morgan Stanley Direct Lending Fund's daily closing share price and trading volume on the NYSE exchange over the past year, giving a clear view of recent price momentum and liquidity.
Morgan Stanley Direct Lending Fund Income Statement — Revenue, Profit & Earnings by Year
Morgan Stanley Direct Lending Fund's annual income statement shows how revenue converts into profit each fiscal year, including gross profit, operating income, EBITDA, and net income.
| Fiscal Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total Revenue | $386.99 Million | $332.52 Million | $328.13 Million | $100.22 Million | $98.62 Million |
| Cost of Revenue | $73.42 Million | $122.93 Million | $112.88 Million | $67.18 Million | $21.02 Million |
| Gross Profit | $313.57 Million | $209.59 Million | $215.25 Million | $33.03 Million | $77.61 Million |
| Research & Development | — | — | $0.63 | $0.21 | $0.68 |
| SG&A | $8.30 Million | $7.56 Million | $5.63 Million | $4.15 Million | $4.57 Million |
| Total Operating Expenses | $55.48 Million | $-8.41 Million | $-17.29 Million | $-15.84 Million | $-5.73 Million |
| Operating Income | $258.09 Million | $218.00 Million | $232.53 Million | $48.88 Million | $83.33 Million |
| EBITDA | $258.23 Million | $218.00 Million | $232.53 Million | $48.88 Million | $83.33 Million |
| EBIT | $0.00 | — | $155.26 Million | $102.59 Million | $86.91 Million |
| Interest Expense | $136.13 Million | $122.93 Million | $112.88 Million | $67.18 Million | $21.02 Million |
| Income Before Tax | $122.09 Million | $218.00 Million | $232.53 Million | $48.88 Million | $83.33 Million |
| Income Tax Expense | — | $2.44 Million | $1.52 Million | $334.00K | $80.00K |
| Net Income | $122.09 Million | $215.56 Million | $231.01 Million | $48.54 Million | $83.25 Million |
Morgan Stanley Direct Lending Fund Balance Sheet — Assets, Liabilities & Shareholder Equity
The balance sheet below summarizes Morgan Stanley Direct Lending Fund's financial position at each fiscal year-end — what it owns (assets), what it owes (liabilities), and the resulting shareholder equity.
| Fiscal Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total Assets | $3.92 Billion | $3.91 Billion | $3.31 Billion | $2.99 Billion | $2.49 Billion |
| Total Current Assets | $107.86 Million | $101.40 Million | $98.80 Million | $104.87 Million | $94.04 Million |
| Cash & Equivalents | — | — | — | — | — |
| Short-term Investments | — | $2.00 Million | — | — | — |
| Net Receivables | $26.42 Million | $31.02 Million | $29.10 Million | $23.66 Million | $19.89 Million |
| Inventory | — | — | — | — | — |
| Property, Plant & Equipment | — | — | — | — | — |
| Goodwill | — | — | — | — | — |
| Total Liabilities | $2.17 Billion | $2.07 Billion | $1.59 Billion | $1.59 Billion | $1.30 Billion |
| Total Current Liabilities | $81.14 Million | $74.63 Million | $68.80 Million | $50.08 Million | $32.97 Million |
| Long-term Debt | — | — | — | — | — |
| Net Debt | $2.01 Billion | $1.90 Billion | $1.43 Billion | $1.44 Billion | $1.18 Billion |
| Total Stockholder Equity | $1.75 Billion | $1.84 Billion | $1.72 Billion | $1.40 Billion | $1.19 Billion |
| Retained Earnings | $-19.62 Million | $29.62 Million | $8.46 Million | $-54.78 Million | $15.78 Million |
Morgan Stanley Direct Lending Fund Cash Flow Statement — Operating, Investing & Financing Activities
This cash flow statement breaks down how Morgan Stanley Direct Lending Fund generates and spends cash across operating, investing, and financing activities each fiscal year, including free cash flow and capital expenditures.
| Fiscal Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | $150.90 Million | $201.47 Million | $185.78 Million | $121.59 Million | $67.69 Million |
| Capital Expenditures | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Free Cash Flow | $150.90 Million | $201.47 Million | $185.78 Million | $121.59 Million | $67.69 Million |
| Investing Cash Flow | $301.00K | $-575.01 Million | $-269.60 Million | $-551.43 Million | $-1.73 Billion |
| Financing Cash Flow | $-132.90 Million | $376.19 Million | $72.31 Million | $436.90 Million | $1.72 Billion |
| Dividends Paid | $184.03 Million | $169.08 Million | $110.50 Million | $85.75 Million | $38.22 Million |
| Stock-Based Compensation | — | — | — | — | — |
| Depreciation | $30.90 Million | — | — | — | — |
| Change in Cash | $18.04 Million | $2.67 Million | $-11.51 Million | $7.06 Million | $62.89 Million |
Morgan Stanley Direct Lending Fund Earnings History — EPS Actual vs. Analyst Estimates
Track Morgan Stanley Direct Lending Fund's quarterly earnings per share (EPS) against Wall Street estimates, along with the earnings surprise percentage for each reporting period.
| Report Date | EPS Actual | EPS Estimate | Surprise |
|---|---|---|---|
| May 07, 2026 | 0.47 | 0.52 | -9.62% |
| Feb 26, 2026 | 0.49 | 0.52 | -5.77% |
| Nov 06, 2025 | 0.32 | 0.52 | -38.46% |
| Aug 07, 2025 | 0.50 | 0.53 | -5.66% |
| May 08, 2025 | 0.34 | 0.55 | -38.18% |
| Feb 27, 2025 | 0.58 | 0.60 | -3.33% |
| Nov 07, 2024 | 0.60 | 0.61 | -1.64% |
| Aug 08, 2024 | 0.63 | 0.62 | +1.61% |