Morgan Stanley Direct Lending Fund (MSDL) Times Interest Earned (2022 - 2026)
Morgan Stanley Direct Lending Fund (MSDL) posted quarterly Times Interest Earned of $1.32 for Q1 2026, up 4.17% year-over-year from $1.27 in Q1 2025, and up 249.2% quarter-over-quarter from $0.38 in Q4 2025.
Morgan Stanley Direct Lending Fund (MSDL) Times Interest Earned (2022 - 2026) Analysis & Trends
Morgan Stanley Direct Lending Fund (MSDL) has reported Times Interest Earned for 5 consecutive years, with $1.32 the latest figure, recorded in Q1 2026.
- In Q1 2026, Times Interest Earned rose 4.17% year-over-year to $1.32; the TTM figure through Mar 2026 stood at $0.82 (down 20.23% YoY), while the FY2025 annual figure was $1.29, down 27.83% from the prior year.
- Times Interest Earned improved to $1.32 in Q1 2026 per MSDL's latest filing, from $0.38 in the prior quarter.
- Across five years, Times Interest Earned topped out at $2.56 in Q1 2022 and bottomed at $0.38 in Q4 2025.
- Historically, Times Interest Earned has averaged $1.5 across 5 years, with a median of $1.55 in 2022.
- Annual changes were most pronounced in 2023 — Times Interest Earned tumbled 47.79% — and 2024, when it grew 14.9%.
- Morgan Stanley Direct Lending Fund's Times Interest Earned stood at $1.57 in 2022, then climbed by 8.84% to $1.7 in 2023, then plunged by 73.09% to $0.46 in 2024, then retreated by 17.47% to $0.38 in 2025, then jumped by 249.2% to $1.32 in 2026.
- Business Quant data shows MSDL's Times Interest Earned at $1.32 in Q1 2026, $0.38 in Q4 2025, and $1.3 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 18.37 |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 20.37 |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 2.90 |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 26.17 |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 60.80 |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 1.70 |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 7.22 |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 2.73 |
| 10 | Morgan Stanley Direct Lending Fund | 1.30 Bn | 1.22 Bn | - | 1.22 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.22 |
| Mar 31, 2026 | 1.32 |
| Dec 31, 2025 | 0.38 |
| Sep 30, 2025 | 1.30 |
| Jun 30, 2025 | 1.26 |
| Mar 31, 2025 | 1.27 |
| Dec 31, 2024 | 0.46 |
| Sep 30, 2024 | 1.79 |
| Jun 30, 2024 | 1.92 |
| Mar 31, 2024 | 1.54 |
| Sep 30, 2023 | 1.70 |
| Jun 30, 2023 | 1.71 |
| Mar 31, 2023 | 1.34 |
| Dec 31, 2022 | 1.57 |
| Sep 30, 2022 | 1.82 |
| Jun 30, 2022 | 2.13 |
| Mar 31, 2022 | 2.56 |