Growth Metrics

Morgan Stanley Direct Lending Fund (MSDL) FCF Payout Ratio (2022 - 2026)

Morgan Stanley Direct Lending Fund has reported FCF Payout Ratio over the past 4 years, most recently at 0.81 for Q4 2025.

  • Quarterly FCF Payout Ratio rose 258.89% to 0.81 in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 1.22 through Dec 2025, up 375.9% year-over-year, with the annual reading at 1.22 for FY2025, 375.9% up from the prior year.
  • FCF Payout Ratio was 0.81 for Q4 2025 at Morgan Stanley Direct Lending Fund, down from 1.11 in the prior quarter.
  • Over five years, FCF Payout Ratio peaked at 2.88 in Q2 2023 and troughed at 1.46 in Q1 2023.
  • The 4-year median for FCF Payout Ratio is 0.18 (2022), against an average of 0.31.
  • The largest YoY upside for FCF Payout Ratio was 1971.42% in 2023 against a maximum downside of 723.97% in 2023.
  • A 4-year view of FCF Payout Ratio shows it stood at 0.41 in 2022, then skyrocketed by 432.46% to 1.36 in 2023, then crashed by 137.39% to 0.51 in 2024, then surged by 258.89% to 0.81 in 2025.
  • Per Business Quant, the three most recent readings for MSDL's FCF Payout Ratio are 0.81 (Q4 2025), 1.11 (Q3 2025), and 1.83 (Q2 2025).