Morgan Stanley Direct Lending Fund (MSDL) vs Oaktree Specialty Lending Corp. (OCSL)
- Morgan Stanley Direct Lending Fund MSDL 13.03 −1.96%
- Oaktree Specialty Lending Corp. OCSL 11.57 −1.78%
Morgan Stanley Direct Lending Fund and Oaktree Specialty Lending Corp. are both Asset Management companies. Morgan Stanley Direct Lending Fund and Oaktree Specialty Lending Corp. are of similar size ($1.1B and $1.0B). Morgan Stanley Direct Lending Fund trades at the lower P/E: 18.9× against 24.1×. Morgan Stanley Direct Lending Fund grew revenue faster over the last twelve months: −9.57% against −12.6%. Morgan Stanley Direct Lending Fund has the higher net margin (16.0% vs 14.5%) and the lower return on invested capital (2.95% vs 6.43%). Both pay a dividend; Morgan Stanley Direct Lending Fund yields more (14.2% vs 12.1%). Across the 21 metrics below, Morgan Stanley Direct Lending Fund leads on 17 and Oaktree Specialty Lending Corp. on 4.
Valuation
Profitability
| Metric | MSDL | OCSL | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 82.16% | 100.00% |
| Operating margin | 79.74% | 80.26% | 33.42% |
| Net margin | 15.97% | 14.45% | 13.37% |
| Free cash flow margin | 75.61% | 36.32% | 12.36% |
| Return on equity | 3.48% | 2.95% | 4.79% |
| Return on assets | 1.57% | 1.45% | 1.55% |
| Return on invested capital | 2.95% | 6.43% | 2.97% |
Growth
Health
Dividend
Size
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