MORGAN STANLEY DIRECT LENDIN

MSDLNYSE

🏆 #1861 by market capEarnings Nov 5US Equity

$15.35▲ $0.15 (+0.99%)

Market closed · at close

1h—

24h▲ 1.0%

7d▲ 1.7%

14d▲ 4.1%

30d▼ 0.6%

1y▼ 13.4%

🏦Market Cap

$1.30B

Small Cap

📈Revenue Growth (YoY)

-8.0%

Declining

📊Gross Margin

47.4%

Healthy

💵FCF Margin

52.8%

Strong

⚖️P/S Ratio

3.3x

Fair

Otter Score

Fair

Trading Snapshot

Day Range: $15.30 – $15.62
52-Week Range: $13.66 – $18.17
Volume: $1.84B
Avg Volume: $1.87B
Shares Outstanding: 84.8M
Next Earnings: Oct 12, 2026

Fundamentals Snapshot

Annual Revenue: $387M
Last Q Revenue: $81M
P/E Ratio: 14.5
P/S Ratio: 3.3x
EPS (TTM): $1.01
Dividend Yield: 13.62%

Why Investors Own MSDL

✓High-growth profile — revenue up +23.0% YoY with expanding US Equity exposure.
✓Healthy economics — 71% gross margin and 21% free-cash-flow margin.
✓New products and segments could unlock additional revenue streams.

⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)

$387M▲ +22.6% YoY

Gross Margin (TTM)

71.3%▼ −0.4% YoY

Operating Income (TTM)

$60M▲ +22.6% YoY

Free Cash Flow (TTM)

$80M▲ +22.6% YoY

About MORGAN STANLEY DIRECT LENDIN

Morgan Stanley Direct Lending Fund functions as a business development company (BDC) specializing in finance, primarily providing capital to mid-sized enterprises. Its investment strategy focuses on directly originating and funding senior secured term loans, encompassing both first-lien and second-lien security interests. This entity commenced operations on May 30, 2019, and maintains its principal headquarters in New York City.

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