Company / Operating Cash Flow
Morgan Stanley Direct Lending Fund Operating Cash Flow History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Cash Flow
$150.9M
FY2025
5-year range
-$1.7B / $150.9M
FY2021-FY2025
Trend
+139.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Improved from -$84M to $151M over the past 2 years.
Based on SEC 10-K filings.
$151M in FY2025.
Improved from -$84M to $151M over the past 2 years.
Operating Cash Flow over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- In FY2025, operating cash flow increased 139.4% year-over-year.
- Lowest operating cash flow in the period was in FY2021.
Annual data
| Year | Operating Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $150.9M | +139.4% |
| FY2024 | -$382.5M | -356.3% |
| FY2023 | -$83.8M | +80.5% |
| FY2022 | -$429.8M | +74.1% |
| FY2021 | -$1.7B | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026