Morgan Stanley Direct Lending Fund (MSDL) Liabilities and Shareholders Equity (2022 - 2026)

Morgan Stanley Direct Lending Fund's (MSDL) quarterly Liabilities and Shareholders Equity came in at $3.8 billion in Q1 2026, down 2.23% year-on-year from $3.9 billion in Q1 2025, and down 2.43% on a QoQ basis from $3.9 billion in Q4 2025.

Morgan Stanley Direct Lending Fund (MSDL) Liabilities and Shareholders Equity (2022 - 2026) Analysis & Trends

Morgan Stanley Direct Lending Fund (MSDL) has 5 years of Liabilities and Shareholders Equity data on file, last reported at $3.8 billion in Q1 2026.

  • On a quarterly basis, Liabilities and Shareholders Equity fell 2.23% year-over-year to $3.8 billion in Q1 2026; TTM through Mar 2026 was $15.6 billion, a 2.13% increase from a year earlier, with the FY2025 full-year figure at $3.9 billion, changed 0.21% from the prior year.
  • Liabilities and Shareholders Equity for Q1 2026 stood at $3.8 billion, down from $3.9 billion in the prior quarter.
  • Over the last five years, Liabilities and Shareholders Equity for MSDL reached as high as $3.9 billion in Q3 2025 and fell as low as $3.0 billion in Q4 2022.
  • Historically, Liabilities and Shareholders Equity has averaged $3.6 billion across 5 years, with a median of $3.7 billion in 2024.
  • Across the five-year window, Liabilities and Shareholders Equity climbed 19.04% in 2024 and retreated 2.23% in 2026, its largest moves.
  • Year by year, Liabilities and Shareholders Equity stood at $3.0 billion in 2022, then rose by 10.74% to $3.3 billion in 2023, then grew by 18.3% to $3.9 billion in 2024, then climbed by 0.21% to $3.9 billion in 2025, then declined by 2.43% to $3.8 billion in 2026.
  • Per Business Quant data, the three most recent Liabilities and Shareholders Equity figures were $3.8 billion in Q1 2026, $3.9 billion in Q4 2025, and $3.9 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Liabilities and Shareholders Equity (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - 170.24 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 48.33 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 467.53 Bn
5 State Street 51.30 Bn 51.30 Bn - 392.17 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 184.45 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - 174.57 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 91.94 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 14.39 Bn
10 Morgan Stanley Direct Lending Fund 1.29 Bn 1.19 Bn - 3.82 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.82 Bn
Dec 31, 2025 3.92 Bn
Sep 30, 2025 3.93 Bn
Jun 30, 2025 3.92 Bn
Mar 31, 2025 3.91 Bn
Dec 31, 2024 3.91 Bn
Sep 30, 2024 3.79 Bn
Jun 30, 2024 3.66 Bn
Mar 31, 2024 3.40 Bn
Dec 31, 2023 3.31 Bn
Sep 30, 2023 3.28 Bn
Jun 30, 2023 3.07 Bn
Mar 31, 2023 3.06 Bn
Dec 31, 2022 2.99 Bn