Growth Metrics

Morgan Stanley Direct Lending Fund (MSDL) Long-Term Debt Repayments (2022 - 2026)

Morgan Stanley Direct Lending Fund (MSDL) reported Long-Term Debt Repayments of $225.0 million for Q1 2026, up 38.04% year-over-year from $163.0 million in Q1 2025, and up 54.11% on a QoQ basis from $146.0 million in Q4 2025.

Morgan Stanley Direct Lending Fund (MSDL) has 5 years of Long-Term Debt Repayments data on file, last reported at $225.0 million in Q1 2026.

  • Quarterly Long-Term Debt Repayments rose 38.04% year-over-year to $225.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 97.77% YoY) and the FY2025 annual result came in at $1.4 billion, up 103.23% from the prior year.
  • Long-Term Debt Repayments climbed to $225.0 million in Q1 2026 per MSDL's latest filing, from $146.0 million in the prior quarter.
  • Across five years, Long-Term Debt Repayments topped out at $711.0 million in Q2 2025 and bottomed at $30.0 million in Q2 2023.
  • The 5-year median for Long-Term Debt Repayments is $219.5 million (2022), against an average of $256.7 million.
  • The widest annual swing landed in 2023, when Long-Term Debt Repayments slumped 85.98%; it then jumped 1380.0% in 2024.
  • Tracing MSDL's Long-Term Debt Repayments over 5 years: stood at $267.3 million in 2022, then increased by 9.59% to $293.0 million in 2023, then tumbled by 73.04% to $79.0 million in 2024, then jumped by 84.81% to $146.0 million in 2025, then jumped by 54.11% to $225.0 million in 2026.
  • Per Business Quant, the three latest MSDL Long-Term Debt Repayments figures stand at $225.0 million (Q1 2026), $146.0 million (Q4 2025), and $427.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Debt Repayments (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -
2 Blackstone 92.68 Bn 91.63 Bn - 47.69 Mn
3 Kkr 84.94 Bn 132.45 Bn - 3.26 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - -
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 1.42 Bn
6 State Street 44.42 Bn 18.75 Bn - 5.00 Mn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn -
8 Northern Trust 31.21 Bn 31.21 Bn - 600.00 Mn
9 Ares Management 28.85 Bn 32.22 Bn - 991.25 Mn
10 Morgan Stanley Direct Lending Fund - - - 225.00 Mn

Historic Data

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DateValue
Mar 31, 2026 225.00 Mn
Mar 31, 2026 225.00 Mn
Dec 31, 2025 146.00 Mn
Dec 31, 2025 146.00 Mn
Sep 30, 2025 427.00 Mn
Sep 30, 2025 427.00 Mn
Jun 30, 2025 711.00 Mn
Jun 30, 2025 711.00 Mn
Mar 31, 2025 163.00 Mn
Mar 31, 2025 163.00 Mn
Dec 31, 2024 79.00 Mn
Dec 31, 2024 79.00 Mn
Sep 30, 2024 77.00 Mn
Sep 30, 2024 77.00 Mn
Jun 30, 2024 444.00 Mn
Jun 30, 2024 444.00 Mn
Mar 31, 2024 112.00 Mn
Mar 31, 2024 112.00 Mn
Dec 31, 2023 293.00 Mn
Dec 31, 2023 293.00 Mn
Sep 30, 2023 115.00 Mn
Sep 30, 2023 115.00 Mn
Jun 30, 2023 30.00 Mn
Jun 30, 2023 30.00 Mn
Dec 31, 2022 267.35 Mn
Dec 31, 2022 267.35 Mn
Sep 30, 2022 360.50 Mn
Sep 30, 2022 360.50 Mn
Jun 30, 2022 214.00 Mn
Jun 30, 2022 214.00 Mn
Mar 31, 2022 443.00 Mn
Mar 31, 2022 443.00 Mn