Morgan Stanley Direct Lending Fund (MSDL) Other Working Capital Changes (2022 - 2026)

Morgan Stanley Direct Lending Fund's (MSDL) quarterly Other Working Capital Changes came in at -$5.2 million in Q1 2026, down 297.17% year-on-year from $2.7 million in Q1 2025, and up 14.7% on a QoQ basis from -$6.1 million in Q4 2025.

Morgan Stanley Direct Lending Fund (MSDL) Other Working Capital Changes (2022 - 2026) Analysis & Trends

Morgan Stanley Direct Lending Fund (MSDL) has 5 years of Other Working Capital Changes data on file, last reported at -$5.2 million in Q1 2026.

  • On a quarterly basis, Other Working Capital Changes fell 297.17% year-over-year to -$5.2 million in Q1 2026; TTM through Mar 2026 was -$7.8 million, a 408.64% decrease from a year earlier, with the FY2025 full-year figure at $51000.0, down 61.36% from the prior year.
  • Other Working Capital Changes for Q1 2026 stood at -$5.2 million, up from -$6.1 million in the prior quarter.
  • Over the last five years, Other Working Capital Changes for MSDL reached as high as $23.5 million in Q3 2023 and fell as low as -$23.8 million in Q4 2023.
  • Historically, Other Working Capital Changes has averaged -$309352.9 across 5 years, with a median of -$19000.0 in 2024.
  • On a YoY basis, Other Working Capital Changes climbed as much as 14089.29% in 2023 and fell as far as 476580.0% in 2023.
  • Year by year, Other Working Capital Changes stood at -$5000.0 in 2022, then plunged by 476580.0% to -$23.8 million in 2023, then surged by 99.42% to -$139000.0 in 2024, then slumped by 4308.63% to -$6.1 million in 2025, then rose by 14.7% to -$5.2 million in 2026.
  • Per Business Quant data, the three most recent Other Working Capital Changes figures were -$5.2 million in Q1 2026, -$6.1 million in Q4 2025, and $5.8 million in Q3 2025.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 -5.23 Mn
Mar 31, 2026 -5.23 Mn
Mar 31, 2026 -5.23 Mn
Dec 31, 2025 -6.13 Mn
Dec 31, 2025 -6.13 Mn
Dec 31, 2025 -6.13 Mn
Sep 30, 2025 5.79 Mn
Sep 30, 2025 5.79 Mn
Sep 30, 2025 5.79 Mn
Jun 30, 2025 -2.27 Mn
Jun 30, 2025 -2.27 Mn
Jun 30, 2025 -2.27 Mn
Mar 31, 2025 2.65 Mn
Mar 31, 2025 2.65 Mn
Mar 31, 2025 2.65 Mn
Dec 31, 2024 -139,000.00
Dec 31, 2024 -139,000.00
Dec 31, 2024 -139,000.00
Sep 30, 2024 43,000.00
Sep 30, 2024 43,000.00