Morgan Stanley Direct Lending Fund Operating Margin 2020-2025 | MSDL

Current and historical operating margin for Morgan Stanley Direct Lending Fund (MSDL) over the last 10 years. The current operating profit margin for Morgan Stanley Direct Lending Fund as of December 31, 2025 is 44.31%.
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Morgan Stanley Direct Lending Fund Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
2025-12-31 $0.40B $0.18B 44.72%
2025-09-30 $0.40B $0.18B 45.05%
2025-06-30 $0.41B $0.19B 46.62%
2025-03-31 $0.42B $0.20B 48.33%
2024-12-31 $0.42B $0.21B 49.76%
2024-09-30 $0.41B $0.21B 50.72%
2024-06-30 $0.40B $0.20B 50.25%
2024-03-31 $0.38B $0.19B 49.35%
2023-12-31 $0.37B $0.18B 48.10%
2023-09-30 $0.34B $0.16B 46.63%
2023-06-30 $0.31B $0.14B 46.13%
2023-03-31 $0.27B $0.13B 46.49%
2022-12-31 $0.23B $0.11B 47.19%
2022-09-30 $0.20B $0.10B 49.75%
2022-06-30 $0.17B $0.09B 51.18%
2022-03-31 $0.15B $0.08B 52.05%
2021-12-31 $0.12B $0.06B 52.94%
2021-09-30 $0.09B $0.05B 52.33%
2021-06-30 $0.06B $0.03B 50.00%
2021-03-31 $0.04B $0.02B 47.37%
2020-12-31 $0.02B $0.01B 40.91%
Sector Industry Market Cap Revenue
Finance Finance - SBIC & Commercial $1.229B $0.397B
Morgan Stanley Direct Lending Fund is a business development company. It is a non-diversified, externally managed specialty finance company focused on lending to middle-market companies. Morgan Stanley Direct Lending Fund is based in NEW YORK.
Stock Name Country Market Cap PE Ratio
Ares Capital (ARCC) United States $12.989B 9.05
Blackstone Secured Lending Fund (BXSL) United States $5.373B 7.18
Blue Owl Technology Finance (OTF) United States $5.241B 8.17
Main Street Capital (MAIN) United States $4.783B 13.07
Golub Capital BDC (GBDC) United States $3.346B 8.20
FS KKR Capital (FSK) United States $2.837B 8.89
Hercules Capital (HTGC) United States $2.746B 7.79
Sixth Street Specialty Lending (TSLX) United States $1.716B 8.25
Trinity Capital (TRIN) United States $1.258B 7.23
Amalgamated Financial (AMAL) United States $1.257B 11.51
Goldman Sachs BDC (GSBD) United States $1.010B 5.75
Kayne Anderson BDC (KBDC) United States $0.932B 8.38
BARINGS BDC, INC (BBDC) United States $0.873B 7.45
SLR Investment (SLRC) United States $0.819B 9.32
Bain Capital Specialty Finance (BCSF) United States $0.818B 6.71
New Mountain Finance (NMFC) United States $0.787B 6.24
Carlyle Secured Lending (CGBD) United States $0.773B 7.24
Fidus Investment (FDUS) United States $0.680B 8.41
Nuveen Churchill Direct Lending (NCDL) United States $0.665B 7.24
Gladstone Investment (GAIN) United States $0.584B 15.44
Crescent Capital BDC (CCAP) United States $0.461B 6.85
Gladstone Capital (GLAD) United States $0.398B 8.73
Saratoga Investment Corp (SAR) United States $0.362B 9.25
CION Investment (CION) United States $0.349B 3.91
BLACKROCK TCP CAPITAL CORP (TCPC) United States $0.323B 3.05
Palmer Square Capital BDC (PSBD) United States $0.315B 6.05
PennantPark Investment (PNNT) United States $0.291B 7.19
Stellus Capital Investment (SCM) United States $0.271B 6.93
Runway Growth Finance (RWAY) United States $0.238B 4.25
Horizon Technology Finance (HRZN) United States $0.216B 4.35
Chicago Atlantic BDC (LIEN) United States $0.211B 11.83
Medallion Financial (MFIN) United States $0.208B 4.60
TriplePoint Venture Growth BDC (TPVG) United States $0.207B 4.83
WhiteHorse Finance (WHF) United States $0.168B 6.75
Oxford Square Capital (OXSQ) United States $0.164B 6.03
PhenixFIN (PFX) United States $0.083B 14.72
Advanced Flower Capital (AFCG) United States $0.060B 28.44
OFS Capital (OFS) United States $0.052B 4.15
Rand Capital (RAND) United States $0.033B 8.88
Investcorp Credit Management BDC (ICMB) United States $0.025B 14.33