Goldman Sachs vs Morgan Stanley
GS and MS side by side, both in security brokers, dealers, and flotation. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How GS and MS compare
Goldman Sachs and Morgan Stanley are about the same size, with market caps of $260B and $289B.
On earnings, Goldman Sachs is cheaper: it trades at 13.8× trailing earnings, against 14.9× for Morgan Stanley.
Morgan Stanley grew revenue faster over the last twelve months (18.0% versus 17.8% for Goldman Sachs).
Goldman Sachs keeps more of each dollar of sales as profit, with a net margin of 31.7% compared with 25.8% at Morgan Stanley.
Both pay dividends: Goldman Sachs yields 2.0% and Morgan Stanley 2.3%.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | GS | MS |
|---|---|---|
| Size and price | ||
| Market cap | $260B | $289B |
| Share price | $894.55 | $184.30 |
| Change, 1 year | 14.2% | 12.4% |
| Change, 5 years | 120% | 84.5% |
| Beta (5Y) | 1.22 | 1.20 |
| Employees | 20K | 83K |
| StockData Score | ||
| Total score | 17 | 17 |
| Valuation score | 4 | 4 |
| Growth score | 2 | 2 |
| Performance score | 4 | 4 |
| Health score | 4 | 4 |
| Dividend score | 3 | 3 |
| Valuation | ||
| P/E | 13.8× (better) | 14.9× |
| P/S | 3.9× | 3.7× (better) |
| P/B | 2.1× (better) | 2.5× |
| PEG | 0.71 (better) | 0.81 |
| FCF yield | −15.9% | – |
| Fair value | $989.55 | $190.74 |
| Margin of safety | 9.6% (better) | 3.4% |
| Growth | ||
| Revenue growth (TTM) | 17.8% | 18.0% (better) |
| Revenue growth, 5Y average | 5.5% | 7.7% (better) |
| Net income growth (TTM) | 34.8% | 36.6% (better) |
| EPS growth (TTM) | 42.8% (better) | 40.1% |
| EPS growth, 5Y average | 15.7% (better) | 9.6% |
| Profitability | ||
| Net margin | 31.7% (better) | 25.8% |
| FCF margin | −62.7% | – |
| Return on equity | 17.0% | 18.0% (better) |
| Financial health | ||
| Debt / equity | 0.00 | 0.00 |
| Altman Z-score | 0.22 | 0.26 (better) |
| Piotroski F-score | 5 | 5 |
| Dividends and buybacks | ||
| Dividend yield | 2.0% | 2.3% (better) |
| Payout ratio | 29.2% | 33.6% |
| Years of dividend growth | 13 (better) | 12 |
| Dividend growth, 5Y average | 22.9% (better) | 22.4% |
| Buyback yield | 5.4% | – |
| Shareholder yield | 7.4% (better) | 2.3% |
| Ownership | ||
| Held by institutions | 73.9% | 85.9% |
| Held by insiders | 0.45% | 24.4% |
| Insider net buying, 12 months | −$149M | −$51.7M (better) |
| Superinvestors holding | 4 (better) | 2 |
| Short interest, % of float | – | 1.2% |
Go deeper
- GS stock overview
- GS income statement
- GS valuation and score
- MS stock overview
- MS income statement
- MS valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.