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 $270B and $299B.
On earnings, Goldman Sachs is cheaper: it trades at 13.3× trailing earnings, against 15.1× for Morgan Stanley.
Goldman Sachs grew revenue faster over the last twelve months (18.7% versus 16.2% for Morgan Stanley).
Goldman Sachs keeps more of each dollar of sales as profit, with a net margin of 31.8% compared with 25.5% at Morgan Stanley.
Both pay dividends: Goldman Sachs yields 1.9% and Morgan Stanley 1.7%.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | GS | MS |
|---|---|---|
| Size and price | ||
| Market cap | $270B | $299B |
| Share price | $926.81 | $190.61 |
| Change, 1 year | 16.3% | 15.5% |
| Change, 5 years | 139% | 96.7% |
| Beta (5Y) | 1.22 | 1.20 |
| Employees | 20K | 83K |
| StockData Score | ||
| Total score | 17 | 17 |
| Valuation score | 4 | 4 |
| Growth score | 3 (better) | 2 |
| Performance score | 3 | 4 (better) |
| Health score | 4 | 4 |
| Dividend score | 3 | 3 |
| Valuation | ||
| P/E | 13.3× (better) | 15.1× |
| P/S | 3.9× | 3.7× (better) |
| P/B | 2.2× (better) | 2.6× |
| PEG | 0.68 (better) | 0.82 |
| FCF yield | −14.8% | – |
| Fair value | $1047.21 | $193.06 |
| Margin of safety | 11.5% (better) | 1.3% |
| Growth | ||
| Revenue growth (TTM) | 18.7% (better) | 16.2% |
| Revenue growth, 5Y average | 5.5% | 7.7% (better) |
| Net income growth (TTM) | 33.0% (better) | 26.4% |
| EPS growth (TTM) | 41.3% (better) | 29.2% |
| EPS growth, 5Y average | 15.7% (better) | 9.6% |
| Profitability | ||
| Net margin | 31.8% (better) | 25.5% |
| FCF margin | −57.4% | – |
| Return on equity | 17.8% | 18.0% (better) |
| Financial health | ||
| Debt / equity | 0.00 | 0.00 |
| Altman Z-score | 0.23 | 0.27 (better) |
| Piotroski F-score | 5 | 5 |
| Dividends and buybacks | ||
| Dividend yield | 1.9% (better) | 1.7% |
| Payout ratio | 28.4% | 34.1% |
| Years of dividend growth | 13 (better) | 12 |
| Dividend growth, 5Y average | 22.9% (better) | 22.4% |
| Buyback yield | 5.6% | – |
| Shareholder yield | 7.5% (better) | 1.7% |
| Ownership | ||
| Held by institutions | 73.9% | 85.9% |
| Held by insiders | 0.47% | 24.4% |
| Insider net buying, 12 months | −$160M | −$52.2M (better) |
| Superinvestors holding | 4 (better) | 2 |
| Short interest, % of float | – | 1.3% |
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.