A Business at a Glance
0 of 5 daily views used (5 remaining). Sign up free for 10 daily views, or try AAPL for a full preview.
Table of Contents We are a global financial services firm that, through our subsidiaries and affiliates, advises, and originates, trades, manages and distributes capital for governments, institutions and individuals. We were originally incorporated under the laws of the State of Delaware in 1981, and our predecessor companies date back to 1924. We are a financial holding company (“FHC”) regulated by the Board of Governors of the Federal Reserve System (“Federal Reserve”) under the Bank Holding Company Act of 1956, as amended (“BHC Act”). We conduct our business from our headquarters in and around New York City, our regional offices and branches throughout the U.S. and our principal offices in London, Frankfurt, Tokyo, Hong Kong and other world financial centers. Unless the context otherwise requires, the terms “Morgan Stanley,” the “Firm,” “us,” “we” and “our” mean Morgan Stanley (the “Parent Company”) together with its consolidated subsidiaries.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 70.6B | 70.6B | 61.8B | 54.1B | 53.7B | 59.8B |
| Net Income | 16.2B | 16.2B | 12.8B | 8.5B | 10.5B | 14.6B |
| EPS | $10.21 | $10.21 | $7.95 | $5.18 | $6.15 | $8.03 |
| Free Cash Flow | -20.8B | -20.8B | -2.1B | -36.9B | -9.5B | 31.7B |
| ROIC | 3.6% | 3.9% | 3.3% | 2.4% | 3.2% | 4.4% |
| Gross Margin | 58.6% | 58.6% | 57.6% | 54.6% | 57.0% | 58.8% |
| Debt/Equity | 6.19 | 6.19 | 5.48 | 5.29 | 4.71 | 4.60 |
| Dividends/Share | $4.14 | $3.85 | $3.55 | $3.25 | $2.95 | $2.10 |
| Operating Income | 1.4B | 1.4B | 1.3B | 975M | 14.1B | 1.0B |
| Operating Margin | 2.0% | 2.0% | 2.0% | 1.8% | 26.3% | 1.7% |
| ROE | 14.6% | 15.0% | 12.2% | 8.6% | 10.5% | 13.8% |
| Shares Outstanding | 1,591M | 1,591M | 1,610M | 1,647M | 1,714M | 1,814M |
MORGAN STANLEY passes 5 of 9 quality checks, suggesting mixed fundamentals.
MORGAN STANLEY trades at 17.7x trailing earnings, compared to its 15-year median P/E of 11.8x, suggesting it is currently Expensive relative to its historical range. The company's 5-year average ROIC is 3.4% with a gross margin of 57.3%. Total shareholder yield (dividends + buybacks) is 3.9%. At current prices, the estimated annualized return to fair value is -7.3%.
MORGAN STANLEY (MS) has a current P/E ratio of 17.7, compared to its historical median P/E of 11.8. The stock is currently considered Expensive based on its historical valuation range.
MORGAN STANLEY (MS) has a 5-year average return on invested capital (ROIC) of 3.4%. This is below average and may indicate limited pricing power.
MORGAN STANLEY (MS) has a market capitalization of $288.3B. It is classified as a mega-cap stock.
Yes, MORGAN STANLEY (MS) pays a dividend with a trailing twelve-month yield of 2.29%. The company also returns capital through share buybacks, with a buyback yield of 1.59%.
Based on historical P/E analysis, MORGAN STANLEY (MS) appears expensive. The current P/E of 17.7 is 50% above its historical median of 11.8. The estimated fair value CAGR (P/E method) is 6.4%.
MORGAN STANLEY (MS) operates in the Security Brokers, Dealers & Flotation Companies industry, within the Financials sector.
MORGAN STANLEY (MS) reported annual revenue of $70.6 billion in its most recent fiscal year, based on SEC EDGAR filings.
MORGAN STANLEY (MS) has a net profit margin of 23.0%. This is a strong margin indicating high profitability.
MORGAN STANLEY (MS) generated $-20.8 billion in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
MORGAN STANLEY (MS) has a debt-to-equity ratio of 6.19. This indicates higher leverage, which may increase financial risk.
MORGAN STANLEY (MS) reported earnings per share (EPS) of $10.21 in its most recent fiscal year.
MORGAN STANLEY (MS) has a return on equity (ROE) of 15.0%. This indicates the company generates strong returns for shareholders.
MORGAN STANLEY (MS) has a 5-year average gross margin of 57.3%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 19 years of financial data for MORGAN STANLEY (MS), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
MORGAN STANLEY (MS) has a book value per share of $70.14, based on its most recent annual SEC filing.