Morgan Stanley Direct Lending Corp. Financials

MSDL

All currency values in $ millions unless otherwise noted

Income Statement	DEC 2025	DEC 2024	DEC 2023	DEC 2022 2:1 split
Non-Operating
Net Interest Expense	-$136	-$123	-$113	-$67
Net Income
Net Income	$122	$216	$231	$49
EPS (Basic)	$1.40	$2.43	$3.11	$0.79
EPS (Diluted)	$1.40	$2.43	$3.11	$0.79
Weighted Avg Shares (Basic)	87.3M	88.6M	74.2M	61.7M
Weighted Avg Shares (Diluted)	87.3M	88.6M	74.2M	61.7M
Shares Outstanding	87.3M	88.6M	74.2M	61.7M
Dividends Per Share	$2.11	$1.91	$1.49	$1.92

Morgan Stanley Direct Lending (MSDL) financials: revenue, profit and margins

Morgan Stanley Direct Lending (MSDL) generated about n/a in revenue and $60 million in net income over the trailing twelve months. Figures are from SEC filings; this is analysis, not investment advice.

Frequently asked

Is Morgan Stanley Direct Lending profitable?+

Yes, Morgan Stanley Direct Lending reported about $60 million in net income over the trailing twelve months. Net income is the bottom line after all costs, interest and taxes. Compare it to free cash flow on this tab, since reported profit and actual cash generated can diverge.

More on MSDL: Overview · Quality scorecard · DCF valuation · Dividend safety

How the market compares: How many US companies are profitable

SourceFinancial statements computed from the 10-Q filed 5 Aug 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 7 Aug 2026. How this is calculated.

Fiscal year ends Dec.

Held by ETFs

MSDL is in 3 US ETFs. The largest of them, with MSDL's weight in each:

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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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