Morgan Stanley Direct Lending Fund (MSDL) Equity Income (2022 - 2025)
Morgan Stanley Direct Lending Fund's (MSDL) quarterly Equity Income came in at -$268000.0 in Q4 2025, down 127.13% year-on-year from $988000.0 in Q4 2024, and up 98.32% on a QoQ basis from -$15.9 million in Q3 2025.
Morgan Stanley Direct Lending Fund (MSDL) Equity Income (2022 - 2025) Analysis & Trends
Morgan Stanley Direct Lending Fund (MSDL) has 4 years of Equity Income data on file, last reported at -$268000.0 in Q4 2025.
- On a quarterly basis, Equity Income fell 127.13% year-over-year to -$268000.0 in Q4 2025; TTM through Mar 2026 was -$16.2 million, a 274.19% decrease from a year earlier, with the FY2025 full-year figure at -$450000.0, down 103.78% from the prior year.
- Equity Income for Q4 2025 stood at -$268000.0, up from -$15.9 million in the prior quarter.
- Over the last five years, Equity Income for MSDL reached as high as $22.8 million in Q3 2023 and fell as low as -$33.1 million in Q2 2022.
- Historically, Equity Income has averaged -$3.6 million across 4 years, with a median of -$2000.0 in 2025.
- Across the five-year window, Equity Income soared 193.6% in 2023 and tumbled 392.34% in 2025, its largest moves.
- Year by year, Equity Income stood at -$18.1 million in 2022, then jumped by 110.62% to $1.9 million in 2023, then sank by 48.7% to $988000.0 in 2024, then plunged by 127.13% to -$268000.0 in 2025.
- Per Business Quant data, the three most recent Equity Income figures were -$268000.0 in Q4 2025, -$15.9 million in Q3 2025, and -$2000.0 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | - |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | - |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Morgan Stanley Direct Lending Fund | 1.29 Bn | 1.19 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -268,000.00 |
| Sep 30, 2025 | -15.91 Mn |
| Jun 30, 2025 | -2,000.00 |
| Mar 31, 2025 | 42,000.00 |
| Dec 31, 2024 | 988,000.00 |
| Sep 30, 2024 | 5.44 Mn |
| Jun 30, 2024 | 2.82 Mn |
| Dec 31, 2023 | 1.93 Mn |
| Sep 30, 2023 | 22.83 Mn |
| Jun 30, 2023 | 8.65 Mn |
| Mar 31, 2023 | -567,000.00 |
| Dec 31, 2022 | -18.14 Mn |
| Sep 30, 2022 | -24.39 Mn |
| Jun 30, 2022 | -33.14 Mn |
| Mar 31, 2022 | -4.34 Mn |