Morgan Stanley Direct Lending Fund (MSDL) Price to Earnings (2024 - 2026)
Morgan Stanley Direct Lending Fund's (MSDL) quarterly Price to Earnings came in at 208.03 in Q2 2026, up 14.37% year-over-year from 181.89 in Q2 2025, and up 71.92% quarter-over-quarter from 121.0 in Q1 2026.
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Morgan Stanley Direct Lending Fund (MSDL) Price to Earnings (2024 - 2026) Analysis & Trends
Morgan Stanley Direct Lending Fund (MSDL) has reported Price to Earnings for 3 consecutive years, with 208.03 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Earnings rose 14.37% year-over-year to 208.03 in Q2 2026; TTM through Jun 2026 was 36.63, a 44.22% increase from a year earlier, with the FY2025 full-year figure at 35.64, up 89.65% from the prior year.
- Price to Earnings was 208.03 for Q2 2026 at Morgan Stanley Direct Lending Fund, up from 121.0 in the prior quarter.
- Over five years, Price to Earnings peaked at 208.03 in Q2 2026 and troughed at 68.84 in Q3 2024.
- A 3-year average of 127.16 and a median of 131.53 in 2026 frame the typical range for Price to Earnings.
- Across the five-year window, Price to Earnings soared 149.71% in 2025 and slipped 17.01% in 2026, its largest moves.
- Over 3 years, Price to Earnings stood at 104.37 in 2024, then soared by 50.25% to 156.81 in 2025, then jumped by 32.66% to 208.03 in 2026.
- The last three Price to Earnings figures came in at 208.03 (Q2 2026), 121.0 (Q1 2026), and 156.81 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ares Capital | 14.39 Bn | 14.01 Bn | - |
| 2 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - |
| 3 | Blue Owl Capital | 5.62 Bn | 5.38 Bn | - |
| 4 | Main Street Capital | 5.39 Bn | 5.33 Bn | - |
| 5 | Blue Owl Technology Finance | 5.20 Bn | 4.99 Bn | - |
| 6 | Hercules Capital | 4.68 Bn | 4.64 Bn | - |
| 7 | FS KKR Capital | 3.48 Bn | 3.37 Bn | - |
| 8 | Golub Capital Bdc | 3.38 Bn | 3.34 Bn | - |
| 9 | PennantPark Floating Rate Capital | 2.47 Bn | -134.94 Mn | - |
| 10 | Morgan Stanley Direct Lending Fund | 1.29 Bn | 1.21 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 208.03 |
| Mar 31, 2026 | 121.00 |
| Dec 31, 2025 | 156.81 |
| Sep 30, 2025 | 142.05 |
| Jun 30, 2025 | 181.89 |
| Mar 31, 2025 | 145.81 |
| Dec 31, 2024 | 104.37 |
| Sep 30, 2024 | 68.84 |
| Jun 30, 2024 | 72.84 |
| Mar 31, 2024 | 69.94 |