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Morgan Stanley (MS)
NYSE: MS · Real-Time Price · USD
189.50
+1.94 (1.03%)
Nov 11, 2026, 10:42 AM EST - Market open

Morgan Stanley Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Revenue
20,19021,25020,48217,87218,22416,59617,60416,10815,30414,94315,14212,89313,13913,29614,28312,66212,95113,03114,74414,519
Revenue Growth
10.79%28.04%16.35%10.95%19.08%11.06%16.26%24.94%16.48%12.39%6.01%1.82%1.45%2.03%-3.13%-12.79%-12.07%-11.27%-6.78%6.81%
Operating Income
7,8758,8338,3196,9037,0845,6626,4505,9765,0775,0155,2523,5613,9963,7594,6803,6724,2174,3395,4525,977
Net Income
4,7515,4365,4114,2504,4503,3924,1573,5643,0282,9423,2661,3832,2622,0492,8362,1132,4942,3913,5423,592
Earnings Per Share
3.033.463.432.682.802.132.602.221.881.822.020.841.381.241.701.261.471.392.022.01
EPS Growth
8.21%62.44%31.92%20.72%48.94%17.03%28.71%163.62%36.23%46.77%18.82%-33.19%-6.12%-10.79%-15.84%-37.24%-25.76%-24.87%-7.76%11.02%

Revenue by Segment
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Institutional Securities
10,02911,04010,7217,9318,5237,6438,9837,2676,8156,9827,0164,9405,6695,6546,7974,8005,8176,1197,6576,669
Wealth Management
9,0658,8568,5198,4298,2347,7647,3277,4787,2706,7926,8806,6456,4046,6606,5596,6266,1205,7365,9356,254
Investment Management
1,4591,6461,5351,7201,6511,5521,6021,6431,4551,3861,3771,4641,3361,2811,2891,4611,1681,4111,3351,751
Eliminations
-215-194-195-190-184-167-173-165-157-141-137-153-136-138-128-138-119-134-126-150
Revenue (Total)
20,33821,34820,58017,89018,22416,79217,73916,22315,38315,01915,13612,89613,27313,45714,51712,74912,98613,13214,80114,524

Cash & Debt
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash & Investments
767,412739,076663,305600,391570,777563,002548,955532,663574,627528,663727,047526,501541,129548,275573,243553,531550,470572,968604,910570,016
Total Debt
579,486607,496579,512513,408467,028479,194449,336418,581424,726407,455416,833394,787379,197356,762363,960367,465349,616353,232355,272357,380
Net Cash (Debt)
187,926131,58083,79386,983103,74983,80899,619114,082149,901121,208310,214131,714161,932191,513209,283186,066200,854219,736249,638212,636
Net Cash Growth
81.14%57.00%-15.89%-23.75%-30.79%-30.86%-67.89%-13.39%-7.43%-36.71%48.23%-29.21%-19.38%-12.84%-16.16%-12.50%-10.05%-0.84%19.21%22.36%
Net Cash Per Share
120.0083.8653.1754.8465.2552.6162.2670.9593.1675.24191.9681.0598.56116.00125.85110.82118.36127.53142.24119.12

Cash Flow & CapEx
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Operating Cash Flow
-46,024-2,747-7,098-2,410-3,33211,829-23,97611,800-17,3232,5254,360-17,7523,747-9,666-9,865-13,996-7,55314,913239349
Capital Expenditures
-945-819-754-709-713-763-713-879-916-851-816-929-913-851-719-770-857-799-652-650
Free Cash Flow
-46,969-3,566-7,852-3,119-4,04511,066-24,68910,921-18,2391,6743,544-18,6812,834-10,517-10,584-14,766-8,41014,114-413-301
Free Cash Flow Growth
-----561.05%-----------244.16%--

Margins
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Operating Margin
39.00%41.57%40.62%38.63%38.87%34.12%36.64%37.10%33.17%33.56%34.69%27.62%30.41%28.27%32.77%29.00%32.56%33.30%36.98%41.17%
Pretax Margin
32.09%34.58%34.23%32.23%33.08%27.85%31.49%30.46%27.58%27.26%29.03%16.26%23.94%21.15%26.33%22.07%26.16%25.47%31.12%33.64%
Profit Margin
23.53%25.58%26.42%23.78%24.42%20.44%23.61%22.13%19.79%19.69%21.57%10.73%17.22%15.41%19.86%16.69%19.26%18.35%24.02%24.74%
FCF Margin
-232.64%-16.78%-38.34%-17.45%-22.20%66.68%-140.25%67.80%-119.18%11.20%23.41%-144.89%21.57%-79.10%-74.10%-116.62%-64.94%108.31%-2.80%-2.07%

Dividends
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Dividend Per Share
1.1501.1501.0001.0751.0001.0000.9251.0000.9250.9250.8500.8500.8500.8500.7750.7750.7750.7750.7000.700
Dividend Per Share Growth
15.00%15.00%8.11%7.50%8.11%8.11%8.82%17.65%8.82%8.82%9.68%9.68%9.68%9.68%10.71%10.71%10.71%10.71%100.00%100.00%
Dividend Yield
2.32%2.01%2.46%2.24%2.46%2.72%3.22%2.94%3.39%3.56%3.59%3.53%3.94%3.69%3.51%3.53%3.68%3.72%3.16%2.46%

Valuation
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
PE Ratio
14.8816.8714.9317.3616.3115.9813.7415.8215.8816.0317.1817.9414.6115.0315.0213.6311.2910.1511.0212.09
Forward PE
14.4317.4314.4116.7817.3116.3213.4016.1914.6214.3214.8415.3212.6113.0312.3512.4511.3210.3511.6612.91
P/FCF Ratio
-----------------8.92--
PS Ratio
3.704.243.574.013.703.442.943.292.892.822.832.862.542.682.792.692.462.332.652.95