MSNYSESecurity Brokers, Dealers & Flotation CompaniesFiscal year ends December 31Also trades as MS.PA, MS.PE, MS.PF, MS.PI, MS.PK, MS.PL, MS.PO, MS.PP, MS.PQ

MORGAN STANLEY

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026

$178.47−2.10 (-1.16%)

Close on Oct 19, 2026

Market cap: $280.02B
P/E (TTM): 14.4
Dividend yield: 2.16%

MORGAN STANLEY income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2008 2008-11-30	FY 2007 2007-11-30
Revenue	70,645	61,761	54,143	53,668	59,755	48,757	41,538	40,107	37,945	34,631	35,155	34,275	32,493	26,178	32,227	31,230	22,140	26,478
Advertising Expenses	1,173	965	898	905	643	434	660	691	609	587	681	658	638	601	594	571	714	752
Interest Expense	–	–	42,051	12,268	1,366	3,849	12,404	10,086	5,697	3,318	2,742	3,678	4,431	5,897	6,883	6,407	36,263	57,283
Interest & Investment Income	9,761	8,404	8,584	4,935	1,596	1,515	3,756	3,531	2,167	1,393	1,094	–	–	–	–	–	–	–
Income from Equity Investments	–	–	–	–	–	–	–	20	-34	-79	114	156	451	52	-995	-37	258	–
Other Non-Operating Income	–	–	–	–	–	–	–	–	–	–	–	–	–	36	-241	-307	–	–
Asset Impairment Charges	0	0	0	0	0	0	0	–	91	130	69	111	198	271	159	201	1,238	437
Gain (Loss) on Investments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	-668	–	–
Gain (Loss) on Sale of Assets	–	–	–	–	–	–	–	–	–	–	–	–	34	156	24	570	2,232	168
Legal Settlements	-137	-106	-488	-443	-157	–	–	–	–	–	–	–	–	–	775	–	–	–
Pretax Income	21,954	17,596	11,813	14,089	19,668	14,418	11,301	11,237	10,403	8,848	8,495	3,591	4,558	596	596	6,198	1,254	2,776
Income Tax Expense	4,929	4,067	2,583	2,910	4,548	3,239	2,064	2,350	4,168	2,726	2,200	-90	902	-161	1,414	743	16	576
Income from Continuing Operations	–	–	–	–	–	11,179	9,237	8,887	6,235	6,122	6,295	3,681	3,656	138	4,168	4,469	1,205	2,162
Income from Discontinued Operations	–	–	–	–	–	0	0	-4.00	-19	1.00	-16	-14	-43	-41	-51	247	540	1,049
Net Income incl. Noncontrolling Interests	17,025	13,529	9,230	11,179	15,120	11,179	9,237	8,883	6,216	6,123	6,279	3,667	3,613	716	4,645	5,702	1,778	3,249
Minority Interest in Earnings	–	–	–	–	–	–	–	–	–	–	–	–	–	–	535	999	71	40
Net Income	16,861	13,390	9,087	11,029	15,034	10,996	9,042	8,748	6,111	5,979	6,127	3,467	2,932	68	4,110	4,703	1,707	3,209
Preferred Dividends	612	590	557	489	468	496	530	526	523	471	456	315	277	98	2,043	–	–	–
Net Income to Common	16,249	12,800	8,530	10,540	14,566	10,500	8,512	8,222	5,588	5,508	5,671	3,152	2,655	-30	2,067	3,594	1,495	2,976
EPS (Basic)(per share)	10.32	8.04	5.24	6.23	8.16	6.55	5.26	4.81	3.14	2.98	2.97	1.64	1.39	-0.02	1.25	2.64	1.45	2.97
EPS (Diluted)(per share)	10.21	7.95	5.18	6.15	8.03	6.46	5.19	4.73	3.07	2.92	2.90	1.60	1.36	-0.02	1.23	2.63	1.39	2.90
Shares Outstanding (Basic, Weighted)(shares)	1,574	1,591	1,628	1,691	1,785	1,603	1,617	1,708	1,780	1,849	1,909	1,924	1,906	1,886	1,655	1,362	1,028	1,002
Shares Outstanding (Diluted, Weighted)(shares)	1,592	1,611	1,646	1,713	1,814	1,624	1,640	1,738	1,821	1,887	1,953	1,971	1,957	1,919	1,675	1,411	1,073	1,025
Dividend per Share(per share)	3.85	3.55	3.25	2.95	2.10	1.40	1.30	1.10	0.90	0.70	0.55	0.35	0.20	0.20	0.20	0.20	–	–
Total Interest Income	59,063	54,135	45,849	21,595	9,411	10,162	17,098	13,892	8,997	7,016	5,835	5,413	5,209	5,692	7,234	7,305	38,931	60,069
Net Interest Income	10,046	8,611	8,230	9,327	8,045	6,313	4,694	3,806	3,300	3,698	3,093	1,735	778	-205	351	898	2,668	2,786
Non-Interest Income	60,599	53,150	45,913	44,341	51,710	42,444	36,844	36,301	34,645	30,933	32,062	32,540	31,715	26,383	31,876	30,332	19,472	23,692
Provision for Credit Losses	–	–	–	–	-48	558	119	-24	22	131	87	23	110	155	–	–	0	478
Non-Interest Expense	48,342	43,901	41,798	39,299	40,083	33,578	30,076	28,870	27,542	25,783	26,660	30,684	27,935	25,582	26,117	25,032	20,886	23,702

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: –
Net margin: 25.8%
Return on equity, FY2025: 15.6%

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: 14.4
Price to sales: 3.59
Price to book: 2.41
Dividend yield: 2.16%