stockrowMorgan Stanley Direct Lending Fund (MSDL) vs Sixth Street Specialty Lending, Inc. (TSLX)
- Morgan Stanley Direct Lending Fund MSDL 13.62 −3.47%
- Sixth Street Specialty Lending, Inc. TSLX 17.65 −0.68%
Morgan Stanley Direct Lending Fund and Sixth Street Specialty Lending, Inc. are both Asset Management companies. Sixth Street Specialty Lending, Inc. is the larger, with a market value of $1.7B against $1.2B — 1.4× the size. Sixth Street Specialty Lending, Inc. trades at the lower P/E: 19.4× against 284×. Morgan Stanley Direct Lending Fund grew revenue faster over the last twelve months: −10.7% against −14.2%. Sixth Street Specialty Lending, Inc. has the higher net margin (19.8% vs 1.34%) and the higher return on invested capital (3.26% vs 3.06%). Both pay a dividend; Morgan Stanley Direct Lending Fund yields more (13.1% vs 10.1%). Across the 20 metrics below, Sixth Street Specialty Lending, Inc. leads on 11 and Morgan Stanley Direct Lending Fund on 9.
Valuation
Profitability
| Metric | MSDL | TSLX | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 0.00% | 74.44% | 27.27% |
| Net margin | 1.34% | 19.80% | 11.89% |
| Free cash flow margin | 103.35% | 5.44% | 5.96% |
| Return on equity | 0.29% | 4.98% | 4.57% |
| Return on assets | 0.13% | 2.26% | 1.40% |
| Return on invested capital | 3.06% | 3.26% | 2.12% |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack