Morgan Stanley Direct Lending Fund (MSDL) Tax Provisions (2023 - 2026)
Morgan Stanley Direct Lending Fund's (MSDL) quarterly Tax Provisions came in at $800000.0 in Q2 2026, up 300.0% year-over-year from $200000.0 in Q2 2025, and down 4.08% quarter-over-quarter from $834000.0 in Q1 2026.
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Morgan Stanley Direct Lending Fund (MSDL) Tax Provisions (2023 - 2026) Analysis & Trends
Morgan Stanley Direct Lending Fund (MSDL) has reported Tax Provisions for 4 consecutive years, with $800000.0 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Provisions rose 300.0% year-over-year to $800000.0 in Q2 2026; TTM through Jun 2026 was $3.6 million, a 55.54% increase from a year earlier, with the FY2025 full-year figure at $2.8 million, up 15.47% from the prior year.
- Tax Provisions was $800000.0 for Q2 2026 at Morgan Stanley Direct Lending Fund, down from $834000.0 in the prior quarter.
- Over five years, Tax Provisions peaked at $1.6 million in Q4 2025 and troughed at $200000.0 in Q2 2025.
- A 4-year average of $764000.0 and a median of $627000.0 in 2025 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions sank 60.0% in 2025 and surged 300.0% in 2026, its largest moves.
- Over 4 years, Tax Provisions stood at $1.5 million in 2023, then sank by 34.17% to $1.0 million in 2024, then jumped by 58.5% to $1.6 million in 2025, then tumbled by 49.53% to $800000.0 in 2026.
- The last three Tax Provisions figures came in at $800000.0 (Q2 2026), $834000.0 (Q1 2026), and $1.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.12 Bn | 13.73 Bn | - | 8.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.69 Bn | 5.42 Bn | - | 4.42 Mn |
| 3 | Blue Owl Capital | 5.52 Bn | 5.28 Bn | - | 712,000.00 |
| 4 | Main Street Capital | 5.26 Bn | 5.20 Bn | - | - |
| 5 | Blue Owl Technology Finance | 5.05 Bn | 4.84 Bn | - | 422,000.00 |
| 6 | Hercules Capital | 4.64 Bn | 4.59 Bn | - | 2.79 Mn |
| 7 | FS KKR Capital | 3.37 Bn | 3.27 Bn | - | - |
| 8 | Golub Capital Bdc | 3.34 Bn | 3.30 Bn | - | - |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -129.09 Mn | - | 50,000.00 |
| 10 | Morgan Stanley Direct Lending Fund | 1.25 Bn | 1.17 Bn | - | 800,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 800,000.00 |
| Mar 31, 2026 | 834,000.00 |
| Dec 31, 2025 | 1.59 Mn |
| Sep 30, 2025 | 402,000.00 |
| Jun 30, 2025 | 200,000.00 |
| Mar 31, 2025 | 627,000.00 |
| Dec 31, 2024 | 1.00 Mn |
| Sep 30, 2024 | 501,000.00 |
| Jun 30, 2024 | 500,000.00 |
| Mar 31, 2024 | 436,000.00 |
| Dec 31, 2023 | 1.52 Mn |