Morgan Stanley Direct Lending Fund (MSDL) EBITDA (2022 - 2026)
Morgan Stanley Direct Lending Fund has reported EBITDA over the past 4 years, most recently at $44.0 million for Q4 2025.
- Quarterly EBITDA fell 14.96% to $44.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $178.8 million through Dec 2025, down 19.68% year-over-year, with the annual reading at $178.8 million for FY2025, 19.68% down from the prior year.
- EBITDA was $44.0 million for Q4 2025 at Morgan Stanley Direct Lending Fund, roughly flat from $44.1 million in the prior quarter.
- Over five years, EBITDA peaked at $59.2 million in Q3 2024 and troughed at $26.5 million in Q1 2022.
- The 4-year median for EBITDA is $45.5 million (2023), against an average of $45.6 million.
- Year-over-year, EBITDA surged 66.79% in 2023 and then dropped 25.49% in 2025.
- A 4-year view of EBITDA shows it stood at $38.6 million in 2022, then skyrocketed by 47.62% to $57.0 million in 2023, then decreased by 9.22% to $51.7 million in 2024, then decreased by 14.96% to $44.0 million in 2025.
- Per Business Quant, the three most recent readings for MSDL's EBITDA are $44.0 million (Q4 2025), $44.1 million (Q3 2025), and $43.9 million (Q2 2025).