Morgan Stanley Direct Lending Fund (MSDL) Tax Provisions (2023 - 2026)
Morgan Stanley Direct Lending Fund (MSDL) posted quarterly Tax Provisions of $834000.0 for Q1 2026, up 33.01% year-over-year from $627000.0 in Q1 2025, and down 47.38% quarter-over-quarter from $1.6 million in Q4 2025.
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 $834000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 33.01% year-over-year to $834000.0; the TTM figure through Mar 2026 stood at $3.0 million (up 14.95% YoY), while the FY2025 annual figure was $2.8 million, up 15.47% from the prior year.
- Tax Provisions declined to $834000.0 in Q1 2026 per MSDL's latest filing, from $1.6 million in the prior quarter.
- Across five years, Tax Provisions topped out at $1.6 million in Q4 2025 and bottomed at $200000.0 in Q2 2025.
- Historically, Tax Provisions has averaged $760400.0 across 4 years, with a median of $564000.0 in 2024.
- On a YoY basis, Tax Provisions climbed as much as 58.5% in 2025 and fell as far as 60.0% in 2025.
- Morgan Stanley Direct Lending Fund's Tax Provisions stood at $1.5 million in 2023, then sank by 34.17% to $1.0 million in 2024, then soared by 58.5% to $1.6 million in 2025, then plunged by 47.38% to $834000.0 in 2026.
- Business Quant data shows MSDL's Tax Provisions at $834000.0 in Q1 2026, $1.6 million in Q4 2025, and $402000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 677.00 Mn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 452.39 Mn |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 246.11 Mn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 336.00 Mn |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 162.00 Mn |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 396.00 Mn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 305.00 Mn |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 329.00 Mn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 272.50 Mn |
| 10 | Morgan Stanley Direct Lending Fund | 1.30 Bn | 1.22 Bn | - | 800,000.00 |
Historic Data
Download 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 |