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
Download Data| Date | Value |
|---|---|
| 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 |