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Morgan Stanley

$214.38 +$32.48 (+17.86%)
NYSE · 11 Sep 2026 19:59 UTC
Previous Close
$212.66
Day Range
$211.24$217.76
Year Range
$151.84$232.25
Market Cap
338.14B
AVG Volume
5.38M
Trailing/Forward PE
17.23/15.65
PEG ratio
2.77
Dividend Yield
1.94%
Next Earnings Date
2026-10-14
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
050B100B150B2016201720182019202020212022202320242025
MS Revenue (USD) by year
PeriodRevenue (USD)
2025114.98B
2024103.14B
202389.51B
202262.48B
202157.78B
202049.72B
201951.33B
201847.8B
201741.55B
201636.03B
Net Income (USD)
05B10B15B20B2016201720182019202020212022202320242025
MS Net Income (USD) by year
PeriodNet Income (USD)
202516.86B
202413.39B
20239.09B
202211.03B
202115.03B
202011B
20199.04B
20188.75B
20176.11B
20165.98B
Operating Income (USD)
010B20B30B2016201720182019202020212022202320242025
MS Operating Income (USD) by year
PeriodOperating Income (USD)
202521.95B
202417.6B
202311.81B
202214.09B
202119.67B
202014.42B
201911.3B
201811.24B
201710.4B
20168.85B
EBITDA (USD)
010B20B30B2016201720182019202020212022202320242025
MS EBITDA (USD) by year
PeriodEBITDA (USD)
202526.61B
202422.76B
202316.07B
202218.09B
202123.88B
202018.19B
201913.94B
201813.08B
201712.16B
201610.58B
Cash Flows (USD)
-40B-20B020B40B2016201720182019202020212022202320242025
MS Cash Flows (USD) by year
PeriodCash Flows (USD)
2025-17.89B
2024-2.1B
2023-36.95B
2022-9.47B
202131.66B
2020-26.68B
201938.95B
20185.44B
2017-6.13B
20161.17B
EPS (USD)
0510152016201720182019202020212022202320242025
MS EPS (USD) by year
PeriodEPS (USD)
202510.2
20247.94
20235.17
20226.14
20218.03
20206.44
20195.19
20184.72
20173.06
20162.92
Expenses (USD)
010B20B30B40BSG&ACapex2016201720182019202020212022202320242025
MS Expenses (USD) by year
PeriodExpenses (USD)
202530.1B
202430.61B
202328.52B
202227B
202127.44B
202022.73B
201921.32B
201820.19B
201719.4B
201617.74B
Cash & Debt (USD)
0200B400B600BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
MS Cash & Debt (USD) by year
PeriodCash & Debt (USD)
2025539.97B
2024401.59B
2023461.89B
2022467.86B
2021500.35B
2020474.23B
2019368.83B
2018357.29B
2017314.17B
2016318.11B
Debt ratios
-4-3-2-1020182019202020212022202320242025
MS Debt ratios by year
PeriodDebt ratios
2025-0.77
2024-0.51
2023-1.61
2022-2.15
2021-2.82
2020-3.32
2019-2.16
2018-2.37
Margins
0%25%50%75%100%2016201720182019202020212022202320242025
MS Margins by year
PeriodMargins
202557.07%
202455.61%
202356.01%
202279.92%
202197.63%
202090.74%
201975.83%
201878.9%
201786.29%
201690.79%
Return on Capital
0%5%10%15%2016201720182019202020212022202320242025
MS Return on Capital by year
PeriodReturn on Capital
202514.97%
202412.7%
20239.09%
202210.89%
202114.1%
202010.66%
201910.93%
201810.75%
20177.79%
20167.75%
Shares Outstanding
0500M1B1.5B2B2016201720182019202020212022202320242025
MS Shares Outstanding by year
PeriodShares Outstanding
20251.57B
20241.58B
20231.61B
20221.65B
20211.75B
20201.77B
20191.57B
20181.67B
20171.75B
20161.81B
Dividends (USD)
012342017201820192020202120222023202420252026
MS Dividends (USD) by year
PeriodDividends (USD)
20263.15
20253.85
20243.55
20233.25
20222.95
20212.1
20201.4
20191.3
20181.1
20170.9
Employee Count
025K50K75K100K20212022202320242025
MS Employee Count by year
PeriodEmployee Count
202583K
202480K
202380K
202282K
202175K
Book Value Per Share (USD)
0204060802016201720182019202020212022202320242025
MS Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
202571.71
202466.6
202362.26
202261.28
202160.88
202058.14
201952.57
201848.63
201744.79
201642.73
Total Assets (USD)
0500B1T1.5T2016201720182019202020212022202320242025
MS Total Assets (USD) by year
PeriodTotal Assets (USD)
20251.42T
20241.22T
20231.19T
20221.18T
20211.19T
20201.12T
2019895.43B
2018853.53B
2017851.73B
2016814.95B
PE Ratio
1012.51517.520med 16.82Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
MS PE Ratio by year
PeriodPE Ratio
Sep 2616.65
Sep 2616.91
Aug 2616.68
Aug 2616.64
Aug 2616.88
Aug 2616.8
Jul 2618.18
Jul 2618.53
Jul 2618.62
Jul 2619.2
Jul 2618.48
Jun 2618.32
Jun 2619.28
Jun 2618.49
Jun 2618.31
May 2617.97
May 2617.37
May 2616.63
May 2616.68
May 2617.72
Apr 2617.52
Apr 2617.59
Apr 2616.55
Apr 2615.45
Mar 2614.76
Mar 2615.04
Mar 2614.43
Mar 2614.93
Feb 2615.51
Feb 2616.34
Feb 2616.62
Feb 2617.48
Jan 2617.75
Jan 2617.38
Jan 2618.36
Jan 2618.09
Jan 2617.66
Dec 2517.66
Dec 2517.19
Dec 2517.32
Dec 2517.14
Nov 2516.48
Nov 2515.36
Nov 2515.91
Nov 2515.77
Oct 2517.53
Oct 2517.51
Oct 2516.96
Oct 2516.23
Oct 2516.84
Sep 2517.11
Sep 2517.09
Sep 2516.71
Sep 2515.83
Aug 2516.08
Aug 2515.82
Aug 2515.46
Aug 2515.3
Aug 2515.41
Jul 2515.85
Jul 2515.61
Jul 2515.77
Jul 2515.97
Jun 2515.59
Jun 2514.71
Jun 2514.35
Jun 2514.61
May 2514.19
May 2513.97
May 2514.65
May 2513.49
May 2514.21
Apr 2513.71
Apr 2512.91
Apr 2512.78
Apr 2511.8
Mar 2513.63
Mar 2514.2
Mar 2513.64
Mar 2514.1
Feb 2515.74
Feb 2515.57
Feb 2519.71
Feb 2519.86
Jan 2519.64
Jan 2519.55
Jan 2519.56
Jan 2517.51
Jan 2517.87
Dec 2417.98
Dec 2417.51
Dec 2418.07
Dec 2418.44
Nov 2418.67
Nov 2419.11
Nov 2419.02
Nov 2418.38
Nov 2417.89
Oct 2417.89
Oct 2418.53
Free Cash Flow Yield
-20%-15%-10%-5%0%med -6.04%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
MS Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 26-4.66%
Sep 26-4.59%
Aug 26-4.65%
Aug 26-4.66%
Aug 26-4.59%
Aug 26-4.61%
Jul 26-0.32%
Jul 26-0.31%
Jul 26-0.31%
Jul 26-0.3%
Jul 26-0.31%
Jun 26-0.32%
Jun 26-0.3%
Jun 26-0.31%
Jun 26-0.32%
May 26-0.32%
May 26-0.33%
May 26-0.35%
May 26-0.35%
May 26-5.99%
Apr 26-6.05%
Apr 26-6.03%
Apr 26-6.41%
Apr 26-6.87%
Mar 26-7.19%
Mar 26-7.05%
Mar 26-7.35%
Mar 26-7.1%
Feb 26-6.84%
Feb 26-6.49%
Feb 26-2.51%
Feb 26-2.39%
Jan 26-2.35%
Jan 26-2.4%
Jan 26-2.27%
Jan 26-2.31%
Jan 26-2.36%
Dec 25-2.36%
Dec 25-2.43%
Dec 25-2.41%
Dec 25-2.43%
Nov 25-2.53%
Nov 25-2.72%
Nov 25-2.62%
Nov 25-2.65%
Oct 25-8.1%
Oct 25-8.1%
Oct 25-8.37%
Oct 25-8.74%
Oct 25-8.43%
Sep 25-8.29%
Sep 25-8.3%
Sep 25-8.49%
Sep 25-8.97%
Aug 25-8.82%
Aug 25-8.97%
Aug 25-9.18%
Aug 25-9.27%
Aug 25-13.77%
Jul 25-13.39%
Jul 25-13.6%
Jul 25-13.46%
Jul 25-13.29%
Jun 25-13.61%
Jun 25-14.43%
Jun 25-14.79%
Jun 25-14.53%
May 25-14.96%
May 25-15.19%
May 25-14.49%
May 25-15.74%
May 25-1.1%
Apr 25-1.14%
Apr 25-1.22%
Apr 25-1.23%
Apr 25-1.33%
Mar 25-1.15%
Mar 25-1.1%
Mar 25-1.15%
Mar 25-1.11%
Feb 25-1%
Feb 25-1.01%
Feb 25-14.37%
Feb 25-14.26%
Jan 25-14.42%
Jan 25-14.49%
Jan 25-14.48%
Jan 25-16.17%
Jan 25-15.85%
Dec 24-15.75%
Dec 24-16.17%
Dec 24-15.67%
Dec 24-15.36%
Nov 24-15.17%
Nov 24-14.82%
Nov 24-14.89%
Nov 24-15.41%
Nov 24-5.71%
Oct 24-5.71%
Oct 24-5.51%
Price to Sales
1.522.53med 2.2Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
MS Price to Sales by year
PeriodPrice to Sales
Sep 262.66
Sep 262.7
Aug 262.67
Aug 262.66
Aug 262.7
Aug 262.69
Jul 262.75
Jul 262.8
Jul 262.82
Jul 262.9
Jul 262.8
Jun 262.77
Jun 262.92
Jun 262.8
Jun 262.77
May 262.72
May 262.63
May 262.52
May 262.52
May 262.6
Apr 262.57
Apr 262.58
Apr 262.43
Apr 262.27
Mar 262.16
Mar 262.21
Mar 262.12
Mar 262.19
Feb 262.28
Feb 262.4
Feb 262.4
Feb 262.52
Jan 262.56
Jan 262.51
Jan 262.65
Jan 262.61
Jan 262.55
Dec 252.55
Dec 252.48
Dec 252.5
Dec 252.47
Nov 252.38
Nov 252.22
Nov 252.3
Nov 252.28
Oct 252.39
Oct 252.38
Oct 252.31
Oct 252.21
Oct 252.29
Sep 252.33
Sep 252.33
Sep 252.28
Sep 252.15
Aug 252.19
Aug 252.15
Aug 252.1
Aug 252.08
Aug 252.08
Jul 252.14
Jul 252.11
Jul 252.13
Jul 252.16
Jun 252.11
Jun 251.99
Jun 251.94
Jun 251.98
May 251.92
May 251.89
May 251.98
May 251.82
May 251.85
Apr 251.78
Apr 251.68
Apr 251.66
Apr 251.53
Mar 251.77
Mar 251.84
Mar 251.77
Mar 251.83
Feb 252.04
Feb 252.02
Feb 252.18
Feb 252.19
Jan 252.17
Jan 252.16
Jan 252.16
Jan 251.93
Jan 251.97
Dec 241.99
Dec 241.93
Dec 242
Dec 242.04
Nov 242.06
Nov 242.11
Nov 242.1
Nov 242.03
Nov 241.91
Oct 241.91
Oct 241.98
EV/EBITDA
-100102030med 8.07Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
MS EV/EBITDA by year
PeriodEV/EBITDA
Sep 26-0.16
Sep 260.02
Aug 26-0.14
Aug 26-0.17
Aug 26-0
Aug 26-0.06
Jul 262.33
Jul 262.56
Jul 262.62
Jul 263
Jul 262.53
Jun 262.42
Jun 263.05
Jun 262.53
Jun 262.41
May 262.19
May 261.8
May 261.32
May 261.35
May 268.81
Apr 268.68
Apr 268.73
Apr 268.07
Apr 267.37
Mar 266.93
Mar 267.11
Mar 266.72
Mar 267.04
Feb 267.41
Feb 267.93
Feb 2622.1
Feb 2622.63
Jan 2622.8
Jan 2622.57
Jan 2623.17
Jan 2623.01
Jan 2622.74
Dec 2522.74
Dec 2522.45
Dec 2522.53
Dec 2522.42
Nov 2522.01
Nov 2521.32
Nov 2521.66
Nov 2521.57
Oct 2519.67
Oct 2519.66
Oct 2519.33
Oct 2518.89
Oct 2519.26
Sep 2519.42
Sep 2519.41
Sep 2519.18
Sep 2518.64
Aug 2518.8
Aug 2518.64
Aug 2518.42
Aug 2518.33
Aug 2522.26
Jul 2522.52
Jul 2522.38
Jul 2522.47
Jul 2522.6
Jun 2522.37
Jun 2521.83
Jun 2521.62
Jun 2521.78
May 2521.52
May 2521.39
May 2521.8
May 2521.1
May 256.56
Apr 256.26
Apr 255.79
Apr 255.71
Apr 255.14
Mar 256.22
Mar 256.55
Mar 256.22
Mar 256.49
Feb 257.45
Feb 257.35
Feb 258.16
Feb 258.24
Jan 258.12
Jan 258.07
Jan 258.07
Jan 256.91
Jan 257.11
Dec 247.18
Dec 246.91
Dec 247.23
Dec 247.43
Nov 247.57
Nov 247.81
Nov 247.76
Nov 247.4
Nov 248.06
Oct 248.06
Oct 248.42
Price/Operating Cashflow
0200040006000med 19.92Dec 20Nov 21Mar 22Jun 22Oct 22Jan 23May 25
MS Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
May 25139.73
Apr 25134.83
Apr 25126.9
Apr 25125.66
Apr 25116.03
Mar 25134.04
Mar 25139.63
Mar 25134.06
Mar 25138.65
Feb 25154.71
Feb 25153.06
Feb 2320.96
Feb 2320.73
Feb 2320.94
Jan 2320.4
Jan 2320.27
Jan 2319.31
Jan 2318.44
Dec 2217.91
Dec 2218.14
Dec 2218.29
Dec 2218.84
Dec 2219.4
Nov 2219.15
Nov 2218.79
Nov 2219.12
Nov 2217.87
Oct 227.95
Oct 227.66
Oct 227.28
Oct 227.63
Sep 227.64
Sep 227.88
Sep 228.45
Sep 228.65
Sep 228.35
Aug 228.39
Aug 228.7
Aug 228.86
Aug 228.33
Jul 2219.93
Jul 2219.49
Jul 2218.45
Jul 2218.14
Jul 2218.14
Jun 2218.4
Jun 2217.23
Jun 2218.3
Jun 2219.89
May 2220.44
May 2218.76
May 2219.04
May 2219.91
Apr 224.15
Apr 224.37
Apr 224.37
Apr 224.33
Apr 224.48
Mar 224.76
Mar 224.89
Mar 224.39
Mar 224.45
Feb 224.87
Feb 2220.64
Feb 2222.62
Feb 2222.52
Jan 2222.02
Jan 2221.39
Jan 2221.39
Jan 2222.51
Dec 2121.24
Dec 2121.49
Dec 2121.01
Dec 2121.3
Dec 2121.25
Nov 2121.19
Nov 2120.97
Nov 2121.6
Nov 2121.61
Feb 215095.3
Feb 215002.11
Feb 214908.92
Jan 214495.27
Jan 214969.93
Jan 215044.35
Jan 215045.02
Dec 204594.49
Dec 204564.99
Dec 204302.85
Dec 204245.19
Dec 204357.83
Nov 204280.06
Nov 203875.78
Nov 203795.33
Nov 203466.15
Oct 203.67
Oct 203.95
Oct 203.95
Oct 203.72
Oct 203.65
Price to Book
11.522.533.5med 2.22Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
MS Price to Book by year
PeriodPrice to Book
Sep 263.02
Sep 263.07
Aug 263.03
Aug 263.02
Aug 263.06
Aug 263.05
Jul 262.86
Jul 262.92
Jul 262.93
Jul 263.03
Jul 262.91
Jun 262.89
Jun 263.04
Jun 262.91
Jun 262.89
May 262.83
May 262.74
May 262.62
May 262.63
May 262.65
Apr 262.62
Apr 262.63
Apr 262.48
Apr 262.31
Mar 262.21
Mar 262.25
Mar 262.16
Mar 262.24
Feb 262.32
Feb 262.45
Feb 262.42
Feb 262.55
Jan 262.59
Jan 262.53
Jan 262.67
Jan 262.64
Jan 262.57
Dec 252.57
Dec 252.5
Dec 252.52
Dec 252.5
Nov 252.4
Nov 252.24
Nov 252.32
Nov 252.3
Oct 252.37
Oct 252.36
Oct 252.29
Oct 252.19
Oct 252.27
Sep 252.31
Sep 252.31
Sep 252.26
Sep 252.14
Aug 252.17
Aug 252.14
Aug 252.09
Aug 252.07
Aug 252.04
Jul 252.1
Jul 252.07
Jul 252.09
Jul 252.12
Jun 252.07
Jun 251.95
Jun 251.9
Jun 251.94
May 251.88
May 251.85
May 251.94
May 251.79
May 251.81
Apr 251.74
Apr 251.64
Apr 251.62
Apr 251.5
Mar 251.73
Mar 251.8
Mar 251.73
Mar 251.79
Feb 252
Feb 251.98
Feb 252.11
Feb 252.12
Jan 252.1
Jan 252.09
Jan 252.09
Jan 251.87
Jan 251.91
Dec 241.92
Dec 241.87
Dec 241.93
Dec 241.97
Nov 242
Nov 242.04
Nov 242.03
Nov 241.97
Nov 241.83
Oct 241.83
Oct 241.9
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News: MS

OpenAI Just Came for Wall Street’s Junior Bankers. Morgan Stanley Helped Build the Thing.

247wallst.com · 13 Sep 2026

OpenAI Just Came for Wall Street’s Junior Bankers. Morgan Stanley Helped Build the Thing.

Morgan Stanley helped OpenAI build a tool that automates the grunt work of junior banking analysts, which raises an uncomfortable question about whether the banks just engineered their own talent pipeline out of existence.

Frank Talk: Copper supply faces first annual decline since 2017

proactiveinvestors.com · 11 Sep 2026

Frank Talk: Copper supply faces first annual decline since 2017

Copper’s record-breaking rally is often attributed to the prospect of U.S. tariffs, but Frank Holmes, chief investment officer of U.S. Global Investors...

Morgan Stanley (MS) Sees a More Significant Dip Than Broader Market: Some Facts to Know

zacks.com · 10 Sep 2026

Morgan Stanley (MS) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Morgan Stanley (MS) closed at $212.66 in the latest trading session, marking a -1.25% move from the prior day.

Are Finance Stocks Lagging Morgan Stanley (MS) This Year?

zacks.com · 10 Sep 2026

Are Finance Stocks Lagging Morgan Stanley (MS) This Year?

Here is how Morgan Stanley (MS) and ANZ Group Holdings Limited - Sponsored ADR (ANZGY) have performed compared to their sector so far this year.

4 Thriving Investment Bank Behemoths to Buy With Attractive Valuation

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4 Thriving Investment Bank Behemoths to Buy With Attractive Valuation

JPM, GS, C and MS are four investment bank giants that have rallied more than 20% in six months while trading at attractive valuations.

Baird Financial Group Inc. Has $68.39 Million Holdings in Morgan Stanley $MS

defenseworld.net · 10 Sep 2026

Baird Financial Group Inc. Has $68.39 Million Holdings in Morgan Stanley $MS

Baird Financial Group Inc. increased its position in Morgan Stanley (NYSE: MS) by 5.0% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 327,172 shares of the financial services provider's stock after acquiring an additional 15,709 shares during the quarter. Baird Financial

Jim Cramer Dismisses Fintech Wave, Backs Morgan Stanley as Quiet Execution Winner

247wallst.com · 9 Sep 2026

Jim Cramer Dismisses Fintech Wave, Backs Morgan Stanley as Quiet Execution Winner

Jim Cramer watched a parade of fintech and blockchain listings ring the opening bell and walked away unimpressed, pivoting instead to a quiet incumbent that just crossed a milestone most new listings can only dream about.

MS Now rolls out membership program featuring live Q&A with reporters

reuters.com · 8 Sep 2026

MS Now rolls out membership program featuring live Q&A with reporters

Versant Media's MS Now cable network is rolling out a membership ​program featuring live Q&A sessions, ‌allowing users to directly chat with its anchors and reporters, as the company leans ​on direct-to-consumer offerings to boost ​engagement.

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