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Morgan Stanley Direct Lending Fund

Data quality: 100%
MSDL
NYSE Financial Services Financial - Conglomerates
$14.52
▼ $0.20 (-1.36%)
Mkt Cap: 1.26B
Day Range
$14.41 $14.69
52-Week Range
$14.25 $20.90
Volume
663,182
50D / 200D Avg
$15.54 / $17.20
Prev Close
$14.72

Price History

Financial Trends

Peer Comparison

vs Financial Services sector median (854 peers)

Metric Stock Sector Median
P/E 10.3 10.3
P/B 0.7 1.1
ROE % 6.8 11.6
Net Margin % 31.6 16.8
Rev Growth 5Y % 40.8 11.6
D/E 1.2 0.5

Analyst Price Target

Hold
$17.50 +20.5%
Low: $16.00 High: $18.50
Forward P/E
8.0
Forward EPS
$1.83
EPS Growth (est.)
+0.0%
Est. Revenue
360 M

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2028 $1.78
$1.74 – $1.82
290 M 3
FY2027 $1.79
$1.77 – $1.80
350 M 4
FY2026 $1.83
$1.78 – $1.88
360 M 4

Key Takeaways

Revenue grew 40.75% annually over 5 years — strong growth
Earnings declined -43.36% over the past year
Net margin of 31.55% shows strong profitability
Generating 150.90M in free cash flow
P/E of 10.32 — trading at a low valuation
Revenue growth is decelerating — 1Y growth trails 5Y average by 24.37%

Growth

Revenue Growth (5Y)
40.75%
Revenue (1Y)16.38%
Earnings (1Y)-43.36%
FCF Growth (3Y)-9.88%

Quality

Return on Equity
6.80%
ROIC5.05%
Net Margin31.55%
Op. Margin66.69%

Safety

Debt / Equity
1.19
Current RatioN/A
Interest Coverage1.90

Valuation

P/E Ratio
10.32
P/B Ratio0.72
EV/EBITDA12.65
Dividend Yield0.13%

All Fundamental Metrics

Growth
Revenue Growth (1Y) 16.38% Revenue Growth (3Y) 8.60%
Earnings Growth (1Y) -43.36% Earnings Growth (3Y) -27.30%
Revenue Growth (5Y) 40.75% Earnings Growth (5Y) 10.05%
Profitability
Revenue (TTM) 386.99M Net Income (TTM) 122.09M
ROE 6.80% ROA 3.11%
Gross Margin 81.03% Operating Margin 66.69%
Net Margin 31.55% Free Cash Flow (TTM) 150.90M
ROIC 5.05% FCF Growth (3Y) -9.88%
Safety
Debt / Equity 1.19 Current Ratio N/A
Interest Coverage 1.90 Dividend Yield 0.13%
Valuation
P/E Ratio 10.32 P/B Ratio 0.72
P/S Ratio 3.26 PEG Ratio -0.28
EV/EBITDA 12.65 Dividend Yield 0.13%
Market Cap 1.26B Enterprise Value 3.27B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 386.99M 332.52M 328.13M 100.22M 98.62M
Net Income 122.09M 215.56M 231.01M 48.54M 83.26M
EPS (Diluted) 1.40 2.43 2.62 0.55 0.94
Gross Profit 313.57M 209.59M 215.25M 33.03M 77.61M
Operating Income 258.09M 218.00M 232.53M 48.88M 83.34M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 3.92B 3.91B 3.31B 2.99B 2.49B
Total Liabilities 2.17B 2.07B 1.59B 1.59B 1.30B
Shareholders' Equity 1.75B 1.84B 1.72B 1.40B 1.19B
Total Debt 2.09B 1.97B 1.50B 1.52B 1.25B
Cash & Equivalents 81.43M 70.37M 69.71M 81.22M 74.15M
Current Assets 107.86M 101.40M 98.80M 104.87M 94.04M
Current Liabilities 0.0 74.63M 68.80M 50.08M 32.97M

Strategy Scores

This stock passed the criteria for 1 strategy

Score = fit strength (0–100)
Rank = position among all matches
#618 of 1052
40

Recent Activity

Entered Cash Flow Compounder
Mar 24, 2026