Companies: 10,795·Total market cap: $144.5T
Morgan Stanley Direct Lending Fund

Morgan Stanley Direct Lending Fund

MSDLNYSEFinancial Services● Active
$15.08
$-0.08(-0.53%)
Market Cap$1.3B
P/E Ratio
52W High$19.94
52W Low$13.66
Overview

Morgan Stanley Direct Lending Fund (MSDL) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

msdl · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Morgan Stanley Direct Lending Fund (MSDL) measures how much investors pay for each dollar of the company's trailing earnings. MSDL's current PE ratio of 14.78x is calculated by dividing its stock price of $15.08 by its TTM earnings per share of $1.02. −15.7% discount vs 5Y avg 17.5x

14.78x
P/E Ratio (TTM)15.7%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E
8.22x
FY2026 est. EPS $1.83
Based on 4 analysts
EPS (TTM)
$1.02
TTM · diluted EPS
PEG Ratio
-0.28
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Morgan Stanley Direct Lending Fund SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2019 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 17.5x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 6 fiscal years · Front-end computed
Average
31.2x
6-yr mean
Median
16.8x
6-yr midpoint
Minimum
7.9x
Lowest year
Maximum
99.6x
Highest year
14.8x ← Now
7.9x
Min
Q1 · 25%16.8x
Median
Q3 · 75%99.6x
Max
Within Historical Range

At 14.78x, MSDL's current P/E is within its average historical range over the past 6 fiscal years.

50th percentileHigher than 3 of 6 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Financial - Conglomerates · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Morgan Stanley Direct Lending Fund
Morgan Stanley Direct Lending FundYou
MSDL
$1.3B14.78x+157.0%$1.02
Central Securities Corp.
Central Securities Corp.
CET
$1.6B5.54x-3.6%$9.15
FinVolution Group
FinVolution Group
FINV
$1.2B3.73x-35.2%$9.82
First Merchants Corporation
First Merchants Corporation
FRME
$2.5B9.57x+66.4%$3.92
General American Investors Company, Inc.
General American Investors Company, Inc.
GAM
$1.5B2.78x-51.8%$21.16
Merchants Bancorp
Merchants Bancorp
MBIN
$2.2B7.14x+24.2%$4.77
Oxford Lane Capital Corp.
Oxford Lane Capital Corp.
OXLC
$940MN/A-$5.99
Industry Average
5 peers with valid PE
5.75xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 7 of 7 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-12-31Latest
FY2025
11.78x$1.40+37.7%
2024-12-31
FY2024
8.56x$2.41+8.5%
2023-12-31
FY2023
7.89x$2.62-79.0%
2022-12-31
FY2022
37.54x$0.55+71.5%
2021-12-31
FY2021
21.89x$0.94-78.0%
2020-12-31
FY2020
99.58x$0.21
2019-12-31
FY2019
$-0.37

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Morgan Stanley Direct Lending Fund (MSDL) measures how much investors pay for each dollar of the company's trailing earnings. MSDL's current PE ratio of 14.78x is calculated by dividing its stock price of $15.08 by its TTM earnings per share of $1.02.

PE Ratio = Stock Price ÷ EPS (TTM)
= $15.08 ÷ $1.02 = 14.78x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

MSDL pe ratio · 6 questions

MSDL's current PE ratio is 14.78x as of 2026-06-08, based on a stock price of $15.08 and TTM EPS of $1.02. Data sourced from Financial Modeling Prep via MSDL's SEC 10-K and 10-Q filings.

MSDL PE ratioWhat is MSDL PE ratioCurrent PE ratio of MSDLMSDL PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Morgan Stanley Direct Lending Fund SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08