Morgan Stanley Direct Lending Fund (MSDL) Cash from Operations (2022 - 2026)
Morgan Stanley Direct Lending Fund (MSDL) posted quarterly Cash from Operations of 86347000.0 for Q1 2026, up 153.19% year-over-year from 34104000.0 in Q1 2025, and up 60.63% quarter-over-quarter from 53754000.0 in Q4 2025.
Morgan Stanley Direct Lending Fund (MSDL) Cash from Operations (2022 - 2026) Analysis & Trends
Morgan Stanley Direct Lending Fund (MSDL) has reported Cash from Operations for 5 consecutive years, with 86347000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Cash from Operations rose 153.19% year-over-year to 86347000.0; the TTM figure through Mar 2026 stood at 203141000.0 (up 168.92% YoY), while the FY2025 annual figure was 150898000.0, up 139.45% from the prior year.
- Cash from Operations climbed to 86347000.0 in Q1 2026 per MSDL's latest filing, from 53754000.0 in the prior quarter.
- Across five years, Cash from Operations topped out at 86347000.0 in Q1 2026 and bottomed at 132609000.0 in Q2 2022.
- Historically, Cash from Operations has averaged 38760352.94 across 5 years, with a median of 53655000.0 in 2024.
- Annual changes were most pronounced in 2024 — Cash from Operations tumbled 1295.0% — and 2025, when it jumped 163.56%.
- Morgan Stanley Direct Lending Fund's Cash from Operations stood at 54349000.0 in 2022, then jumped by 142.22% to 22945000.0 in 2023, then plunged by 558.31% to 105159000.0 in 2024, then jumped by 151.12% to 53754000.0 in 2025, then soared by 60.63% to 86347000.0 in 2026.
- Business Quant data shows MSDL's Cash from Operations at 86347000.0 in Q1 2026, 53754000.0 in Q4 2025, and 39008000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 1.23 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 1.94 Bn |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 3.25 Bn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 545.00 Mn |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 2.88 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | -2.33 Bn |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 2.89 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | -246.00 Mn |
| 10 | Morgan Stanley Direct Lending Fund | 1.30 Bn | 1.22 Bn | - | 103.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 103.81 Mn |
| Jun 30, 2026 | 103.81 Mn |
| Mar 31, 2026 | 86.35 Mn |
| Mar 31, 2026 | 86.35 Mn |
| Dec 31, 2025 | 53.75 Mn |
| Dec 31, 2025 | 53.75 Mn |
| Sep 30, 2025 | 39.01 Mn |
| Sep 30, 2025 | 39.01 Mn |
| Jun 30, 2025 | 24.03 Mn |
| Jun 30, 2025 | 24.03 Mn |
| Mar 31, 2025 | 34.10 Mn |
| Mar 31, 2025 | 34.10 Mn |
| Dec 31, 2024 | -105.16 Mn |
| Dec 31, 2024 | -105.16 Mn |
| Sep 30, 2024 | -117.03 Mn |
| Sep 30, 2024 | -117.03 Mn |
| Jun 30, 2024 | -106.67 Mn |
| Jun 30, 2024 | -106.67 Mn |
| Mar 31, 2024 | -53.66 Mn |
| Mar 31, 2024 | -53.66 Mn |