Company / Interest Expense
Morgan Stanley Direct Lending Fund Interest Expense History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$136.1M
FY2025
5-year range
$21.0M / $136.1M
FY2021-FY2025
Trend
+10.7%
vs FY2024
Sector context
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Latest sector comparison
What the data says
Interest Expense has increased for 4 consecutive years, from $21M in FY2021 to $136M in FY2025.
Based on SEC 10-K filings.
$136M in FY2025 with a 3-year CAGR of +26.5%.
Increased from $113M to $136M over the past 2 years.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +26.5%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- Morgan Stanley Direct Lending Fund's interest expense has grown for 4 consecutive years.
- 3-year CAGR of +26.5%, indicating consistent growth.
- In FY2025, interest expense increased 10.7% year-over-year.
- Lowest interest expense in the period was in FY2021.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $136.1M | +10.7% |
| FY2024 | $122.9M | +8.9% |
| FY2023 | $112.9M | +68.0% |
| FY2022 | $67.2M | +219.7% |
| FY2021 | $21.0M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026