Morgan Stanley Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Cash & Equivalents	111,695	105,386	89,232	128,127	127,725
Short-Term Investments	272,151	242,424	231,831	247,281	249,712
Trading Asset Securities	216,545	184,853	205,438	178,123	192,579
Accounts Receivable	104,400	76,696	70,609	69,201	161,229
Other Receivables	277,502	233,382	211,819	207,117	107,195
Property, Plant & Equipment	4,164	4,114	4,368	4,073	4,268
Goodwill	16,726	16,706	16,707	16,652	16,833
Other Intangible Assets	6,010	6,453	7,055	7,618	8,360
Investments in Debt & Equity Securities	163,556	159,679	154,807	159,931	182,998
Other Current Assets	213,269	148,945	162,698	124,411	104,186
Other Long-Term Assets	24,878	24,114	23,874	22,909	19,223
Total Assets	1,420,270	1,215,071	1,193,693	1,180,231	1,188,140
Accounts Payable	221,856	172,000	203,788	216,134	228,685
Accrued Expenses	4,663	3,938	4,360	-	-
Short-Term Debt	149,648	114,741	116,179	121,040	118,573
Current Portion of Long-Term Debt	38,137	34,494	30,985	25,097	17,329
Current Portion of Leases	819	772	913	870	886
Other Current Liabilities	171,924	115,834	116,238	116,303	123,760
Long-Term Debt	320,627	264,409	242,206	216,427	216,321
Long-Term Leases	4,177	4,165	4,504	4,031	4,271
Other Long-Term Liabilities	395,767	399,290	374,538	379,098	371,717
Total Liabilities	1,307,618	1,109,643	1,093,711	1,079,000	1,081,542
Common Stock	20	20	20	20	20
Additional Paid-In Capital	31,153	30,179	29,832	29,339	28,841
Retained Earnings	115,091	104,989	97,996	94,862	89,432
Comprehensive Income & Other	-6,285	-6,814	-6,421	-6,253	-3,102
Total Common Equity	101,882	94,761	90,288	91,391	97,691
Minority Interest	1,020	917	944	1,090	1,157
Shareholders' Equity	112,652	105,428	99,982	101,231	106,598
Total Liabilities & Equity	1,420,270	1,215,071	1,193,693	1,180,231	1,188,140
Total Debt	513,408	418,581	394,787	367,465	357,380
Net Cash (Debt)	86,983	114,082	131,714	186,066	212,636
Net Cash Growth	-23.75%	-13.39%	-29.21%	-12.50%	22.36%
Net Cash Per Share	54.64	70.81	80.02	108.62	117.22
Filing Date Shares Outstanding	1,588	1,613	1,635	1,682	1,781
Total Common Shares Outstanding	1,583	1,607	1,627	1,675	1,772
Working Capital	617,889	562,226	514,419	489,604	467,225
Book Value Per Share	64.37	58.98	55.50	54.55	55.12
Tangible Book Value	79,146	71,602	66,526	67,121	72,498
Tangible Book Value Per Share	50.00	44.57	40.89	40.06	40.91

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