Morgan Stanley Direct Lending Fund

MSDL | NYSE

Price Alert Chart Builder DCF Calculator

$14.68

+$0.03 (+0.20%)

Sep 22, 2026, 9:42 AM ET · Market open

Overview Rating Statistics Financials Earnings Analysts Ownership Dividends Profile

Market Data

Market Cap $1.24B

Enterprise Value $3.16B

Beta 0.64

Average Volume 519.87K

Shares Outstanding (Diluted) 84.75M

Shares Change YoY -2.79%

Institutional Ownership 41.68%

Exchange NYSE

ISIN US61774A1034

Price Performance

Price Change 1M -4.6%

Price Change 3M -3.7%

Price Change 6M 0.3%

Price Change YTD -11.0%

Price Change 1Y -15.4%

Price Change 3Y -28.4%

Price Change 5Y -28.4%

1M CAGR (ann.) -5.1%

1Y CAGR (ann.) -6.2%

5Y CAGR (ann.) N/A

All-Time CAGR -2.5%

Valuation

PE Ratio 21.23

Forward PE 7.88

PEG Ratio -0.33

Forward PEG -2,567.14

PS Ratio 4.04

Forward PS 3.50

PB Ratio 0.75

P/FCF Ratio 4.39

P/Adj. FCF Ratio 4.39

P/OCF Ratio 4.39

EV/Sales 10.28

EV/EBIT 20.22

EV/EBITDA 20.22

EV/FCF 11.16

Earnings Yield 4.7%

FCF Yield 22.8%

Adj. FCF Yield 22.8%

Financial Health

Net Debt $1.92B

Total Debt $1.98B

Cash & Short-Term Investments $65.82M

Total Assets $3.71B

Current Ratio 1.65

Quick Ratio 1.65

Debt / Equity Ratio 1.20

Debt / EBITDA 12.69

Debt / FCF 7.01

OCF / Debt 0.14

Interest Coverage 1.27

Altman Z-Score 0.56

Piotroski F-Score 6

Margins & Profitability

Gross Profit Margin 68.3%

Operating Profit Margin 50.9%

EBITDA Margin 50.8%

Net Profit Margin 19.3%

FCF Margin 92.1%

Adj. FCF Margin 92.1%

SBC / Revenue 0.0%

SBC Impact (per share) N/A

Returns

Return on Assets 1.6%

Return on Equity 3.5%

Return on Invested Capital 4.5%

Return on Capital Employed 4.5%

Return on Tangible Assets 1.6%

Historical Growth (CAGR)

Revenue CAGR 3Y 13.3%

Revenue CAGR 5Y 39.5%

Revenue CAGR 10Y N/A

EPS CAGR 3Y -23.0%

EPS CAGR 5Y -14.6%

EPS CAGR 10Y N/A

FCF CAGR 3Y 21.8%

FCF CAGR 5Y 6.3%

FCF CAGR 10Y N/A

Analyst Forecasts

Analyst Rating Hold

Analyst Count 6

EPS Growth Next 3Y N/A

Revenue Growth Next 3Y N/A

Earnings Date Nov 4, 2026

EPS Estimate (next Q) $0.44

EPS Growth Est (next Q) -12.0%

Revenue Est (next Q) $87.52M

Revenue Growth Est (next Q) 35.3%

Fair Value Estimates

Graham Number $17.37

Graham Upside 18.6%

Lynch Fair Value $3.45

Lynch Upside -76.5%

Price Target $15

Price Target Upside 2.4%

Cash Flow

Operating Cash Flow $282.91M

Free Cash Flow $282.91M

Adj. Free Cash Flow $282.91M

FCF Per Share $3.34

OCF Per Share $3.34

OCF/S Ratio 91.5%

Income Statement

Revenue $307.23M

Gross Profit $225.34M

Operating Income $156.21M

EBITDA $156.18M

Net Income $59.75M

EPS (Diluted) $0.69

Revenue / Employee N/A

Profit / Employee N/A

Employees 0

Dividends

Annual Dividend $1.90

Dividend Yield 12.97%

Payout Ratio 275.4%

FCF Payout Ratio 59.5%

Adj. FCF Payout Ratio 59.5%

Dividend Growth (YoY) 18.8%

Pay Frequency Quarterly

Ex-Dividend Date Sep 29, 2026