Morgan Stanley Direct Lending Fund (MSDL) Tax Provisions (2023 - 2026)
Morgan Stanley Direct Lending Fund (MSDL) reported Tax Provisions of $834000.0 for Q1 2026, up 33.01% year-over-year from $627000.0 in Q1 2025, and down 47.38% on a QoQ basis from $1.6 million in Q4 2025.
Morgan Stanley Direct Lending Fund (MSDL) has 4 years of Tax Provisions data on file, last reported at $834000.0 in Q1 2026.
- Quarterly Tax Provisions rose 33.01% year-over-year to $834000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.0 million (up 14.95% YoY) and the FY2025 annual result came in at $2.8 million, up 15.47% from the prior year.
- Tax Provisions slipped 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.
- The 4-year median for Tax Provisions is $564000.0 (2024), against an average of $760400.0.
- Peak annual rise in Tax Provisions reached 58.5% in 2025, while the deepest fall reached 60.0% in 2025.
- Tracing MSDL's Tax Provisions over 4 years: stood at $1.5 million in 2023, then slumped by 34.17% to $1.0 million in 2024, then soared by 58.5% to $1.6 million in 2025, then sank by 47.38% to $834000.0 in 2026.
- Per Business Quant, the three latest MSDL Tax Provisions figures stand at $834000.0 (Q1 2026), $1.6 million (Q4 2025), and $402000.0 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 516.00 Mn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 197.15 Mn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 185.39 Mn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 110.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 1.69 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 205.00 Mn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 229.00 Mn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 175.10 Mn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 59.87 Mn |
| 10 | Morgan Stanley Direct Lending Fund | - | - | - | 834,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |