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	Jun '26 Jun 29, 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	333,943	281,001	201,989	151,702	142,450	173,962
Market Cap Growth	57.79%	39.12%	33.15%	6.49%	-18.11%	40.28%
Enterprise Value	250,150	1,044,680	843,765	763,006	689,559	708,074
Last Close Price	211.72	177.53	125.72	93.25	85.02	98.16
PE Ratio	19.19	17.39	15.81	18.00	13.82	12.22
Forward PE	17.74	16.78	16.19	15.32	12.45	12.91
PEG Ratio	1.73	1.43	1.20	3.58	4.15	2.65
PS Ratio	4.56	3.98	3.27	2.80	2.65	2.91
PB Ratio	3.20	2.52	1.93	1.53	1.42	1.65
P/TBV Ratio	3.68	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	3.42	14.79	13.66	14.09	12.85	11.85
EV/EBITDA Ratio	-	39.26	37.08	47.48	38.12	29.65
EV/EBIT Ratio	-	47.58	47.95	64.59	48.94	36.00
EV/FCF Ratio	-	-	-	-	-	22.36
Debt / Equity Ratio	8.16	7.67	6.99	6.91	6.57	6.13
Debt / EBITDA Ratio	33.73	32.49	32.36	42.99	36.79	27.34
Debt / FCF Ratio	-	-	-	-	-	20.62
Net Debt / Equity Ratio	7.07	6.75	6.04	6.08	5.37	4.98
Net Debt / EBITDA Ratio	28.95	28.29	27.73	37.44	29.71	21.99
Net Debt / FCF Ratio	-204.68	-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	0.12	0.12	0.13	0.11	0.15	0.15
Current Ratio	0.98	0.97	0.93	0.93	0.90	0.91
Return on Equity (ROE)	16.04%	15.61%	13.17%	9.17%	10.76%	14.42%
Return on Assets (ROA)	1.22%	1.29%	1.12%	0.78%	0.94%	1.31%
Return on Invested Capital (ROIC)	1.46%	1.51%	1.30%	0.90%	1.10%	1.57%
Return on Capital Employed (ROCE)	4.94%	5.13%	4.64%	3.36%	4.15%	5.96%
Earnings Yield	5.24%	5.75%	6.32%	5.55%	7.23%	8.18%
FCF Yield	-	-	-	-	-	18.20%
Dividend Yield	1.89%	2.36%	3.07%	3.80%	3.76%	2.38%
Payout Ratio	36.25%	40.57%	47.95%	67.56%	51.24%	28.64%
Buyback Yield / Dilution	1.31%	1.18%	2.13%	3.91%	5.57%	-11.70%
Total Shareholder Return	3.20%	3.54%	5.20%	7.71%	9.32%	-9.32%

SEC Filings: 10-K · 10-Q