Growth Metrics

Morgan Stanley Direct Lending Fund (MSDL) EBT (2022 - 2026)

Morgan Stanley Direct Lending Fund has reported EBT over the past 4 years, most recently at $10.7 million for Q4 2025.

  • Quarterly EBT fell 42.49% to $10.7 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $42.7 million through Dec 2025, down 57.18% year-over-year, with the annual reading at $42.7 million for FY2025, 57.18% down from the prior year.
  • EBT was $10.7 million for Q4 2025 at Morgan Stanley Direct Lending Fund, up from $10.2 million in the prior quarter.
  • Over five years, EBT peaked at $27.9 million in Q4 2023 and troughed at $9.2 million in Q2 2025.
  • The 4-year median for EBT is $16.9 million (2022), against an average of $18.1 million.
  • Year-over-year, EBT skyrocketed 96.93% in 2023 and then plummeted 66.51% in 2025.
  • A 4-year view of EBT shows it stood at $14.2 million in 2022, then surged by 96.93% to $27.9 million in 2023, then plummeted by 33.56% to $18.5 million in 2024, then tumbled by 42.49% to $10.7 million in 2025.
  • Per Business Quant, the three most recent readings for MSDL's EBT are $10.7 million (Q4 2025), $10.2 million (Q3 2025), and $9.2 million (Q2 2025).