Growth Metrics

Morgan Stanley Direct Lending Fund (MSDL) Equity Ratio (2022 - 2025)

Morgan Stanley Direct Lending Fund (MSDL) has disclosed Equity Ratio for 4 consecutive years, with 0.45 as the latest value for Q4 2025.

  • On a quarterly basis, Equity Ratio fell 5.3% to 0.45 in Q4 2025 year-over-year; TTM through Dec 2025 was 0.45, a 5.3% decrease, with the full-year FY2025 number at 0.45, down 5.3% from a year prior.
  • Equity Ratio was 0.45 for Q4 2025 at Morgan Stanley Direct Lending Fund, down from 0.45 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.54 in Q1 2024 to a low of 0.45 in Q4 2025.
  • A 4-year average of 0.48 and a median of 0.47 in 2022 define the central range for Equity Ratio.
  • Peak YoY movement for Equity Ratio: grew 16.82% in 2024, then fell 13.97% in 2025.
  • Morgan Stanley Direct Lending Fund's Equity Ratio stood at 0.47 in 2022, then increased by 11.23% to 0.52 in 2023, then decreased by 9.53% to 0.47 in 2024, then dropped by 5.3% to 0.45 in 2025.
  • Per Business Quant, the three most recent readings for MSDL's Equity Ratio are 0.45 (Q4 2025), 0.45 (Q3 2025), and 0.46 (Q2 2025).