Morgan Stanley (MS)

Morgan Stanley Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	54,143	53,668	59,755	48,757	41,538
Revenue Growth (YoY)	0.89%	-10.19%	22.56%	17.38%	3.57%
Gross Profit	54,143	53,668	59,755	48,757	41,538
Selling, General & Admin	34,184	32,250	33,048	27,517	25,256
Other Operating Expenses	7,614	7,049	7,035	6,061	4,820
Operating Expenses	41,798	39,299	40,083	33,578	30,076
Operating Income	12,345	14,369	19,672	15,179	11,462
Other Expense / Income	675	430	90	944	356
Pretax Income	11,670	13,939	19,582	14,235	11,106
Income Tax	2,583	2,910	4,548	3,239	2,064
Net Income	9,087	11,029	15,034	10,996	9,042
Preferred Dividends	557	489	468	496	530
Net Income Common	8,530	10,540	14,566	10,500	8,512
Net Income Growth	-19.07%	-27.64%	38.72%	23.36%	3.53%
Shares Outstanding (Basic)	1,628	1,691	1,785	1,603	1,617
Shares Outstanding (Diluted)	1,646	1,713	1,814	1,624	1,640
Shares Change	-3.91%	-5.57%	11.70%	-0.98%	-5.64%
EPS (Basic)	5.24	6.23	8.16	6.55	5.26
EPS (Diluted)	5.18	6.15	8.03	6.46	5.19
EPS Growth	-15.77%	-23.41%	24.30%	24.47%	9.73%
Free Cash Flow	-36,948	-9,475	31,663	-26,675	38,947
Free Cash Flow Per Share	-22.70	-5.60	17.74	-16.64	24.09
Dividend Per Share	3.250	2.950	2.100	1.400	1.300
Dividend Growth	10.17%	40.48%	50.00%	7.69%	18.18%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	22.80%	26.77%	32.92%	31.13%	27.59%
Profit Margin	15.75%	19.64%	24.38%	21.54%	20.49%
Free Cash Flow Margin	-68.24%	-17.65%	52.99%	-54.71%	93.76%
Effective Tax Rate	22.13%	20.88%	23.23%	22.75%	18.58%
EBITDA	15,926	17,937	23,798	18,004	13,749
EBITDA Margin	29.41%	33.42%	39.83%	36.93%	33.10%
Depreciation & Amortization	4,256	3,998	4,216	3,769	2,643
EBIT	11,670	13,939	19,582	14,235	11,106
EBIT Margin	21.55%	25.97%	32.77%	29.20%	26.74%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).