Morgan Stanley (MS)
NYSE: MS · Real-Time Price · USD
215.33
-1.00 (-0.46%)
At close: Aug 10, 2026, 4:00 PM EDT
214.71
-0.62 (-0.29%)
Pre-market: Aug 11, 2026, 4:05 AM EDT
Morgan Stanley Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 |
Revenue Revenue Growth | 78,042 | 70,645 | 61,761 | 54,143 | 53,668 | 59,755 |
Revenue Growth | 18.00% | 14.38% | 14.07% | 0.89% | -10.19% | 22.56% |
Gross Profit Gross Profit Growth | 41,819 | 36,750 | 31,443 | 26,109 | 27,157 | 31,786 |
Operating Income Operating Income Growth | 26,147 | 21,954 | 17,596 | 11,813 | 14,089 | 19,668 |
Net Income Net Income Growth | 19,547 | 16,249 | 12,800 | 8,530 | 10,540 | 14,566 |
Earnings Per Share EPS Growth | 12.37 | 10.21 | 7.95 | 5.18 | 6.15 | 8.03 |
EPS Growth | 40.09% | 28.43% | 53.47% | -15.77% | -23.41% | 24.30% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 |
Institutional Securities Institutional Securities Growth | 38,215 | 33,080 | 28,080 | 23,060 | 24,393 | 29,833 |
Wealth Management Wealth Management Growth | 34,038 | 31,754 | 28,420 | 26,268 | 24,417 | 24,243 |
Investment Management Investment Management Growth | 6,552 | 6,525 | 5,861 | 5,370 | 5,375 | 6,220 |
Eliminations Eliminations Growth | -763 | -714 | -600 | -555 | -517 | -541 |
Revenue (Total) Revenue (Total) Growth | 78,042 | 70,645 | 61,761 | 54,143 | 53,668 | 59,755 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 |
Cash & Investments Cash & Investments Growth | 160,135 | 111,695 | 105,386 | 89,232 | 128,127 | 127,725 |
Total Debt Total Debt Growth | 970,645 | 864,600 | 736,495 | 690,842 | 665,396 | 652,930 |
Net Cash (Debt) Net Cash Growth | -810,510 | -752,905 | -631,109 | -601,610 | -537,269 | -525,205 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -512.90 | -472.93 | -391.75 | -365.50 | -313.64 | -289.53 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 |
Operating Cash Flow Operating Cash Flow Growth | -15,587 | -17,889 | 1,362 | -33,536 | -6,397 | 33,971 |
Capital Expenditures CapEx Growth | -2,995 | -2,898 | -3,462 | -3,412 | -3,078 | -2,308 |
Free Cash Flow Free Cash Flow Growth | -18,582 | -20,787 | -2,100 | -36,948 | -9,475 | 31,663 |
Free Cash Flow Growth | - | - | - | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 |
Gross Margin | 53.59% | 52.02% | 50.91% | 48.22% | 50.60% | 53.19% |
Operating Margin | 33.50% | 31.08% | 28.49% | 21.82% | 26.25% | 32.91% |
Pretax Margin | 33.50% | 31.08% | 28.49% | 21.82% | 26.25% | 32.91% |
Profit Margin | 26.10% | 24.10% | 21.91% | 17.05% | 20.83% | 25.30% |
FCF Margin | -23.81% | -29.42% | -3.40% | -68.24% | -17.65% | 52.99% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 11, 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 |
Dividend Per Share Dividend Per Share Growth | 4.600 | 3.925 | 3.625 | 3.325 | 3.025 | 2.450 |
Dividend Per Share Growth | 9.93% | 8.28% | 9.02% | 9.92% | 23.47% | 75.00% |
Dividend Yield | 2.14% | 2.36% | 3.07% | 3.80% | 3.76% | 2.38% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 11, 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 |
PE Ratio | 17.40 | 17.39 | 15.81 | 18.00 | 13.82 | 12.22 |
Forward PE | 16.48 | 16.78 | 16.19 | 15.32 | 12.45 | 12.91 |
P/FCF Ratio | - | - | - | - | - | 5.49 |
PS Ratio | 4.35 | 3.98 | 3.27 | 2.80 | 2.65 | 2.91 |