Morgan Stanley Ratios and Metrics

Market cap in millions PEN. Fiscal year is January - December.

Millions PEN. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 17, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	935,767	949,209	763,898	568,360	547,341	703,096
Market Cap Growth	14.11%	24.26%	34.40%	3.84%	-22.15%	56.86%
Last Close Price	565.53	582.34	423.74	325.01	291.20	344.21
PE Ratio	17.12	17.36	15.82	17.94	13.63	12.09
PS Ratio	3.96	4.01	3.29	2.86	2.69	2.95
PB Ratio	2.50	2.54	1.92	1.53	1.42	1.65
P/FCF Ratio	-	-	-	-	-	5.56
P/OCF Ratio	-	-	148.71	-	-	5.19
Debt / Equity Ratio	4.21	4.21	3.97	3.95	3.63	3.35
Debt / FCF Ratio	-	-	-	-	-	11.29
Net Debt / Equity Ratio	-0.93	-0.93	-1.08	-1.32	-1.84	-1.99
Net Debt / FCF Ratio	-	-	54.33	3.57	19.64	-6.72
Asset Turnover	-	-	0.05	0.05	0.05	0.05
Quick Ratio	-	-	1.76	1.71	1.73	1.71
Current Ratio	-	-	2.09	2.09	2.02	1.96
Return on Equity (ROE)	15.73%	15.73%	13.17%	9.17%	10.76%	14.42%
Return on Assets (ROA)	-	-	1.12%	0.78%	0.94%	1.31%
Return on Invested Capital (ROIC)	3.52%	3.69%	3.22%	2.64%	3.03%	3.95%
Earnings Yield	5.84%	5.98%	6.61%	5.94%	7.67%	8.54%
FCF Yield	-	-	-1.04%	-24.14%	-6.59%	17.98%
Dividend Yield	8.13%	2.27%	3.23%	3.80%	3.96%	2.84%
Payout Ratio	39.97%	-	45.84%	63.42%	48.97%	27.74%
Buyback Yield / Dilution	1.18%	1.18%	2.13%	3.91%	5.57%	-11.70%
Total Shareholder Return	9.30%	3.45%	5.35%	7.71%	9.53%	-8.86%

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.