Morgan Stanley Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 10, 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 Cap	338,190	281,001	201,989	151,702	142,450	173,962
Market Cap Growth	47.96%	39.12%	33.15%	6.49%	-18.11%	40.28%
Enterprise Value	206,610	1,044,676	843,765	763,006	689,559	708,074
Last Close Price	215.33	177.53	125.72	93.25	85.02	98.16
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
PEG Ratio	1.51	1.43	1.20	3.58	4.15	2.65
PS Ratio	4.35	3.98	3.27	2.80	2.65	2.91
PB Ratio	3.18	2.52	1.93	1.53	1.42	1.65
P/TBV Ratio	3.65	3.18	2.49	2.04	1.92	2.22
P/FCF Ratio	-	-	-	-	-	5.49
P/OCF Ratio	-	-	148.30	-	-	5.12
EV/Sales Ratio	2.65	14.79	13.66	14.09	12.85	11.85
EV/EBITDA Ratio	6.76	39.26	37.08	47.48	38.12	29.65
EV/EBIT Ratio	7.90	47.58	47.95	64.59	48.94	36.00
EV/FCF Ratio	-	-	-	-	-	22.36
Debt / Equity Ratio	8.27	7.67	6.99	6.91	6.57	6.13
Debt / EBITDA Ratio	31.77	32.49	32.36	42.99	36.79	27.34
Debt / FCF Ratio	-	-	-	-	-	20.62
Net Debt / Equity Ratio	6.97	6.75	6.04	6.08	5.37	4.98
Net Debt / EBITDA Ratio	26.53	28.29	27.73	37.44	29.71	21.99
Net Debt / FCF Ratio	-43.62	-36.22	-300.53	-16.28	-56.70	16.59
Asset Turnover	0.05	0.05	0.05	0.05	0.05	0.05
Quick Ratio	0.14	0.12	0.13	0.11	0.15	0.15
Current Ratio	1.00	0.97	0.93	0.93	0.90	0.91
Return on Equity (ROE)	17.71%	15.61%	13.17%	9.17%	10.76%	14.42%
Return on Assets (ROA)	1.32%	1.29%	1.12%	0.78%	0.94%	1.31%
Return on Invested Capital (ROIC)	2.20%	2.13%	1.88%	1.38%	1.76%	2.47%
Return on Capital Employed (ROCE)	5.38%	5.13%	4.64%	3.36%	4.15%	5.96%
Earnings Yield	5.78%	5.75%	6.32%	5.55%	7.23%	8.18%
FCF Yield	-	-	-	-	-	18.20%
Dividend Yield	2.14%	2.36%	3.07%	3.80%	3.76%	2.38%
Payout Ratio	37.17%	40.57%	47.95%	67.56%	51.24%	28.64%
Buyback Yield / Dilution	1.34%	1.18%	2.13%	3.91%	5.57%	-11.70%
Total Shareholder Return	3.48%	3.54%	5.20%	7.71%	9.32%	-9.32%

SEC Filings: 10-K · 10-Q