Financial health
- Total debt ($603M) exceeds cash ($21M); net debt is $582M.
Shareholder returns
- Dividends have been paid for 4 consecutive years, consuming 76.2% of earnings.
- The dividend has grown 9.4% per year over the past 4 years.
MSIF Financials MSC INCOME FUND, INC.
5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | — | $89M | — | — | — | $603M | $21M |
| 2024 | — | $57M | — | — | — | $565M | $28M |
| 2023 | — | $66M | — | — | — | $485M | $31M |
| 2022 | — | $46M | — | — | — | $471M | $21M |
| 2021 | — | $74M | — | — | — | — | — |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | — | $13M | — | — | — | $649M | $16M |
| Dec '25 | — | $30M | — | — | — | $603M | $21M |
| Sep '25 | — | $27M | — | — | — | $529M | $18M |
| Jun '25 | — | $16M | — | — | — | $539M | $28M |
| Mar '25 | — | $16M | — | — | — | $570M | $39M |
| Dec '24 | — | $20M | — | — | — | $565M | $28M |
| Sep '24 | — | $7M | — | — | — | $556M | $49M |
| Jun '24 | — | $18M | — | — | — | $551M | $29M |
| Mar '24 | — | $11M | — | — | — | $504M | $25M |
| Dec '23 | — | $21M | — | — | — | $485M | $31M |
| Sep '23 | — | $13M | — | — | — | $506M | $23M |
| Jun '23 | — | $19M | — | — | — | $487M | $30M |
| Mar '23 | — | $12M | — | — | — | $473M | $27M |
| Dec '22 | — | $12M | — | — | — | $471M | $21M |
| Sep '22 | — | $15M | — | — | — | — | — |
| Jun '22 | — | $2M | — | — | — | — | — |
| Mar '22 | — | $16M | — | — | — | — | — |
Valuation over time
How the market has priced MSIF against its own fundamentals since 2025-01 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has fallen from 13.1× (Jan '25) to 5.9× (Jun '26).
- The dividend yield has risen from 7.9% (Jan '25) to 13.0% (Jun '26).
P/E
Dividend yield %
Frequently asked questions
Is MSIF growing its revenue and profit?
See the revenue and net-income charts above for MSC INCOME FUND, INC.'s multi-year trend.
How much debt does MSIF have?
As of FY2025, MSC INCOME FUND, INC. reported $603M of total debt against $21M of cash.
What is MSIF's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin —.
What is MSIF's P/E ratio?
As of Jun '26, MSC INCOME FUND, INC. traded at a price-to-earnings ratio of about 5.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.