stockrowGoldman Sachs BDC, Inc. (GSBD) vs Morgan Stanley Direct Lending Fund (MSDL)
- Goldman Sachs BDC, Inc. GSBD 8.66 −1.59%
- Morgan Stanley Direct Lending Fund MSDL 13.74 −2.62%
Goldman Sachs BDC, Inc. and Morgan Stanley Direct Lending Fund are both Asset Management companies. Morgan Stanley Direct Lending Fund is the larger, with a market value of $1.2B against $990.6M — 1.2× the size. Goldman Sachs BDC, Inc. trades at the lower P/E: 34.0× against 284×. Morgan Stanley Direct Lending Fund grew revenue faster over the last twelve months: −10.7% against −15.4%. Morgan Stanley Direct Lending Fund has the higher net margin (1.34% vs 0.00%) and the higher return on invested capital (3.06% vs 0.00%). Both pay a dividend; Goldman Sachs BDC, Inc. yields more (15.6% vs 13.1%). Across the 20 metrics below, Goldman Sachs BDC, Inc. leads on 10 and Morgan Stanley Direct Lending Fund on 10.
Valuation
Profitability
| Metric | GSBD | MSDL | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 80.87% | 0.00% | 27.27% |
| Net margin | 0.00% | 1.34% | 11.89% |
| Free cash flow margin | 0.00% | 103.35% | 5.96% |
| Return on equity | 2.16% | 0.29% | 4.57% |
| Return on assets | 0.94% | 0.13% | 1.40% |
| Return on invested capital | 0.00% | 3.06% | 2.12% |
Growth
Health
Dividend
Size
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