Morgan Stanley

MS-PF · NYSE · Financial Services / Capital Markets

23.45USD-0.25 (-1.05%)

Price History

Full chart

Market Stats

Previous Close23.70

Open23.71

Day Range23.37 – 23.72

52-Week Range23.50 – 25.00

Volume184.86K

Market Cap65.22B

P/E (TTM)3.14

Forward P/E0.00

EPS7.86

Dividend Yield6.97%

Beta1.21

50-Day Avg25.25

200-Day Avg25.27

About

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Asia, Europe, the Middle East, and Africa. It operates through Institutional Securities, Wealth Management, and Investment Management segments. The company offers capital raising and financial advisory services, including services related to the underwriting of debt, equity securities, and other products, as well as advice on mergers and acquisitions, restructurings, and project finance. It also provides equity and fixed income products comprising sales, financing, prime brokerage, and market-making services; Asia wealth management; business-related investments services; originating corporate and commercial real estate loans, secured lending facilities, and extending securities-based and other financing; and research activities. In addition, the company offers financial advisor-led brokerage, investment advisory, custody, cash management, and administrative services; self-directed brokerage services; financial and wealth planning services; stock plan administration; securities-based lending, residential real estate loans, and other lending products; banking; and retirement plan services. Further, it provides equity, fixed income, alternatives and solutions, and liquidity and overlay services to benefit/defined contribution plans, foundations, endowments, government entities, sovereign wealth funds, insurance companies, third-party fund sponsors, corporations, and individuals. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.

Company Details

SectorFinancial Services
IndustryCapital Markets
CEOMr. Edward N. Pick
Employees83.00K
Headquarters1585 Broadway, New York, NY, United States, 10036, USA
Websitehttps://www.morganstanley.com

Leadership

Mr. Edward N. PickCEO & Chairman of the Board · b. 1969
Mr. Daniel Aaron SimkowitzCo-President · b. 1966
Mr. Andrew Michael SapersteinCo-President · b. 1967
Ms. Sharon YeshayaExecutive VP & CFO · b. 1980
Mr. Eric F. GrossmanExecutive VP and Chief Legal & Administrative Officer · b. 1967
Mr. Michael A. PizziExecutive VP & Global Head of Technology and Operations · b. 1975
Mr. Michael John WilsonChief U.S. Equity Strategist & Chief Investment Officer
Victoria WorsterChief Accounting Officer & Controller
Ms. Robyn Maslynsky GoldschmidManaging Director
Mr. Clint G. GartinChairman of Investment Banking

Financials

Income Statement

Currency: USD	1986-12-31	1987-12-31	1988-12-31	1989-12-31	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: USD	1986-12-31	1987-12-31	1988-12-31	1989-12-31	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	-1.04B	-	-1.90B	4.70B	4.78B	5.19B	5.85B	5.82B	6.60B	7.93B	9.03B	27.13B	31.13B	34.59B	45.11B	43.87B	32.41B	34.93B	38.41B	46.26B	69.39B	82.27B	53.92B	28.29B	35.77B	37.48B	30.54B	35.21B	36.15B	36.01B	36.03B	41.55B	47.80B	51.45B	49.68B	57.78B	62.48B	88.29B	103.14B	114.98B
Growth (%)	-	-	-	+346.89%	+1.71%	+8.51%	+12.71%	-0.48%	+13.42%	+20.17%	+13.79%	+200.51%	+14.74%	+11.10%	+30.41%	-2.73%	-26.12%	+7.77%	+9.95%	+20.44%	+50.01%	+18.56%	-34.45%	-47.55%	+26.45%	+4.78%	-18.51%	+15.30%	+2.65%	-0.39%	+0.07%	+15.32%	+15.04%	+7.63%	-3.44%	+16.31%	+8.13%	+41.31%	+16.83%	+11.48%
Cost of Revenue	1.04B	-	1.90B	3.38B	3.71B	3.92B	4.36B	1.27B	1.60B	2.26B	2.80B	12.30B	14.69B	13.04B	18.99B	21.83B	13.31B	14.08B	15.63B	24.43B	41.65B	57.28B	36.26B	6.69B	6.41B	6.88B	5.90B	4.43B	3.68B	2.74B	3.32B	5.70B	10.09B	12.56B	4.61B	1.37B	12.55B	38.15B	45.79B	49.37B
Gross Profit	-1.04B	-	-1.90B	1.32B	1.07B	1.27B	1.49B	4.55B	5.01B	5.68B	6.23B	14.83B	16.44B	21.55B	26.12B	22.04B	19.11B	20.86B	22.78B	21.83B	27.74B	24.98B	17.66B	21.60B	29.36B	30.59B	24.64B	30.78B	32.47B	33.26B	32.71B	35.85B	37.71B	38.88B	45.07B	56.41B	49.93B	50.13B	57.36B	65.62B
Gross Margin	100.00%	-	100.00%	28.16%	22.41%	24.38%	25.42%	78.13%	75.81%	71.54%	69.00%	54.67%	52.82%	62.30%	57.91%	50.24%	58.95%	59.71%	59.30%	47.19%	39.97%	30.37%	32.75%	76.36%	82.09%	81.63%	80.69%	87.42%	89.82%	92.38%	90.79%	86.29%	78.90%	75.58%	90.72%	97.63%	79.92%	56.79%	55.61%	57.07%
Operating Expense	-1.36B	-	-2.54B	585.90M	601.80M	493.00M	693.70M	3.55B	3.79B	4.28B	4.68B	10.56B	11.06B	13.82B	17.59B	16.36B	14.48B	15.52B	15.96B	15.51B	18.67B	22.21B	16.41B	20.47B	23.16B	24.48B	24.05B	26.22B	28.88B	24.77B	23.86B	25.45B	26.48B	27.58B	30.65B	36.74B	35.84B	38.32B	39.76B	43.66B
Operating Income	322.60M	-364.20M	636.50M	738.30M	470.20M	772.50M	793.50M	996.20M	1.21B	1.40B	1.55B	4.27B	5.38B	7.73B	8.53B	5.68B	4.63B	5.33B	6.82B	6.32B	9.06B	2.78B	1.25B	1.13B	6.20B	6.11B	596.00M	4.56B	3.59B	8.49B	8.85B	10.40B	11.24B	11.30B	14.42B	19.67B	14.09B	11.81B	17.60B	21.95B
Operating Margin	-31.17%	-	-33.42%	15.70%	9.83%	14.88%	13.57%	17.11%	18.40%	17.59%	17.11%	15.75%	17.30%	22.34%	18.90%	12.96%	14.29%	15.27%	17.75%	13.65%	13.06%	3.37%	2.33%	3.99%	17.33%	16.30%	1.95%	12.94%	9.93%	23.59%	24.56%	25.04%	23.51%	21.97%	29.02%	34.04%	22.55%	13.38%	17.06%	19.09%
EBITDA	322.60M	364.20M	636.50M	738.30M	470.20M	772.50M	793.50M	1.05B	1.27B	1.47B	1.63B	4.61B	5.96B	8.27B	9.25B	6.41B	5.42B	5.97B	7.62B	7.13B	9.94B	3.25B	2.05B	2.35B	7.62B	7.51B	2.18B	6.07B	4.75B	9.93B	10.58B	12.16B	13.08B	13.94B	18.19B	23.88B	18.09B	16.07B	22.76B	26.61B
EBITDA Margin	-31.17%	-	-33.42%	15.70%	9.83%	14.88%	13.57%	17.99%	19.29%	18.48%	18.04%	17.00%	19.14%	23.91%	20.51%	14.62%	16.72%	17.09%	19.85%	15.42%	14.32%	3.95%	3.80%	8.32%	21.30%	20.05%	7.13%	17.24%	13.15%	27.57%	29.38%	29.26%	27.37%	27.10%	36.61%	41.34%	28.95%	18.20%	22.06%	23.14%
Net Income	201.30M	230.90M	394.60M	443.00M	270.40M	475.10M	510.50M	603.60M	740.90M	856.40M	951.40M	2.59B	3.28B	4.79B	5.46B	3.52B	2.99B	3.79B	4.49B	4.94B	7.47B	3.21B	1.71B	1.35B	4.70B	4.08B	66.00M	2.93B	3.47B	6.13B	5.98B	6.11B	8.75B	9.04B	11.00B	15.03B	11.03B	9.09B	13.39B	16.86B
Net Income Margin	-19.45%	-	-20.72%	9.42%	5.65%	9.15%	8.73%	10.37%	11.22%	10.79%	10.54%	9.53%	10.52%	13.85%	12.10%	8.03%	9.22%	10.84%	11.68%	10.68%	10.77%	3.90%	3.17%	4.76%	13.15%	10.90%	0.22%	8.33%	9.59%	17.02%	16.59%	14.71%	18.30%	17.57%	22.13%	26.02%	17.65%	10.29%	12.98%	14.66%
R&D	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-
R&D as % of Total Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00%	0.00%	0.00%	0.00%	-	-	-	-	-	-	-
Interest Expense	1.04B	0	1.90B	3.38B	3.71B	3.92B	4.36B	815.30M	1.05B	1.51B	1.57B	10.81B	13.51B	12.52B	18.18B	20.78B	11.97B	12.81B	14.71B	23.55B	40.90B	57.28B	36.26B	6.69B	6.41B	6.88B	5.90B	4.43B	3.68B	2.74B	3.32B	5.70B	10.09B	12.40B	3.85B	1.37B	12.27B	37.62B	45.52B	49.02B
Interest Expense % of Total Revenue	-100.00%	-	-100.00%	71.84%	77.59%	75.62%	74.58%	14.00%	15.88%	19.09%	17.35%	39.83%	43.41%	36.18%	40.30%	47.36%	36.93%	36.67%	38.29%	50.91%	58.94%	69.63%	67.25%	23.64%	17.91%	18.37%	19.31%	12.58%	10.18%	7.62%	9.21%	13.71%	21.10%	24.11%	7.75%	2.36%	19.64%	42.61%	44.14%	42.63%

Balance Sheet

Currency: USD	1986-12-31	1987-12-31	1988-12-31	1989-12-31	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: USD	1986-12-31	1987-12-31	1988-12-31	1989-12-31	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	28.39B	29.66B	40.05B	53.28B	53.53B	63.71B	80.35B	27.66B	31.86B	38.21B	42.41B	302.29B	317.59B	366.97B	421.28B	482.63B	529.50B	602.84B	747.33B	898.52B	1.12T	1.05T	676.76B	771.46B	807.70B	749.90B	780.96B	832.70B	801.51B	787.47B	814.95B	851.73B	853.53B	895.43B	1.12T	1.19T	1.18T	1.19T	1.22T	1.42T
Total Liabilities	27.61B	28.66B	38.71B	51.25B	51.35B	60.72B	76.92B	24.19B	27.75B	33.37B	37.25B	287.33B	302.07B	349.55B	401.61B	460.70B	506.40B	575.17B	719.13B	869.34B	1.09T	1.01T	627.31B	718.68B	742.29B	679.82B	715.53B	763.67B	729.41B	711.28B	737.77B	773.27B	772.13B	812.73B	1.01T	1.08T	1.08T	1.09T	1.11T	1.31T
Total Equity	785.60M	1.00B	1.34B	2.02B	2.17B	2.99B	3.43B	3.48B	4.11B	4.83B	5.16B	14.96B	15.52B	17.01B	19.27B	20.72B	21.89B	24.87B	28.21B	29.18B	35.36B	31.27B	48.75B	46.69B	57.21B	62.05B	62.11B	65.92B	70.90B	75.18B	76.05B	77.39B	80.25B	81.55B	101.78B	106.60B	100.14B	99.04B	104.51B	111.63B
Cash	-	-	-	1.86B	2.31B	3.23B	2.56B	830.30M	1.33B	1.46B	2.00B	8.26B	16.88B	12.32B	18.82B	26.60B	29.21B	29.69B	32.81B	69.54B	50.17B	87.21B	102.71B	55.70B	66.50B	76.25B	77.35B	98.42B	87.40B	54.08B	43.38B	46.16B	51.84B	49.66B	67.45B	86.84B	92.75B	58.66B	75.74B	111.69B
Total Debt	539.20M	582.60M	814.80M	46.55B	44.40B	51.95B	66.67B	11.17B	14.05B	18.00B	27.62B	196.88B	202.89B	233.26B	241.28B	284.81B	371.93B	258.68B	566.54B	480.91B	567.26B	450.70B	330.36B	432.43B	434.72B	382.29B	310.11B	315.61B	237.07B	221.41B	251.72B	260.28B	248.89B	261.52B	283.53B	243.46B	308.75B	339.04B	360.49B	475.56B
Net Debt	539.20M	582.60M	814.80M	44.69B	42.09B	48.72B	64.10B	10.34B	12.72B	16.53B	25.62B	188.63B	186.01B	220.94B	222.46B	258.22B	342.72B	228.98B	533.73B	411.36B	517.09B	363.49B	227.65B	376.73B	368.22B	306.04B	232.76B	217.18B	149.67B	167.33B	208.34B	214.11B	197.05B	211.87B	216.08B	156.33B	216.00B	280.38B	284.75B	363.87B

Cash Flow

Currency: USD	1989-12-31	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: USD	1989-12-31	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-8.46B	-4.68B	-2.76B	4.80B	1.35B	2.89B	1.48B	2.21B	-588.00M	15.37B	-29.27B	-2.38B	-24.09B	-5.05B	2.35B	-24.51B	-31.35B	-60.80B	-22.09B	73.42B	-45.95B	40.61B	15.38B	24.76B	35.01B	1.13B	3.67B	2.45B	-4.50B	7.30B	40.77B	-25.23B	33.97B	-6.40B	-33.54B	1.36B	49.00B
Investing Cash Flow	-70.60M	-165.30M	-211.40M	-66.30M	-2.77B	-4.40B	-6.03B	-2.80B	-2.53B	3.19B	-6.65B	-2.69B	-887.00M	-5.66B	1.76B	-3.10B	-4.12B	-2.35B	-11.44B	729.00M	-4.47B	-29.16B	-10.73B	-12.63B	-24.46B	-35.32B	-20.00B	-19.51B	-12.39B	-22.88B	-33.56B	-37.90B	-49.90B	-11.63B	-3.08B	-29.46B	-144.22B
Financing Cash Flow	7.84B	5.53B	4.37B	-3.83B	1.12B	2.01B	4.68B	1.13B	5.99B	-9.94B	31.37B	11.56B	32.76B	13.32B	-3.64B	30.72B	32.08B	54.34B	38.52B	-18.54B	3.02B	4.16B	-5.15B	-11.90B	2.63B	23.14B	24.36B	7.36B	16.26B	24.20B	-11.97B	83.78B	41.55B	22.71B	-2.73B	46.76B	98.31B
Capital Expenditure	70.60M	165.30M	211.40M	66.30M	0	0	0	0	301.00M	0	656.00M	836.00M	2.00B	1.12B	603.00M	569.00M	540.00M	0	1.47B	1.40B	2.88B	1.20B	1.30B	1.31B	1.32B	992.00M	1.37B	1.28B	1.63B	1.86B	1.83B	1.44B	2.31B	3.08B	3.41B	3.46B	2.90B
Free Cash Flow	-8.53B	-4.84B	-2.97B	4.73B	1.35B	2.89B	1.48B	2.21B	-889.00M	15.37B	-29.93B	-3.22B	-26.09B	-6.18B	1.75B	-25.07B	-31.89B	-60.80B	-23.56B	72.02B	-48.83B	39.11B	5.38B	23.24B	34.24B	139.00M	2.30B	1.17B	-6.13B	5.44B	38.95B	-26.68B	31.66B	-9.47B	-36.95B	-2.10B	46.10B
Dividends Paid	55.00M	69.50M	85.50M	102.90M	690.30M	81.10M	102.30M	134.00M	416.00M	519.00M	575.00M	924.00M	1.04B	1.00B	994.00M	1.10B	1.18B	1.17B	1.22B	1.23B	1.73B	1.16B	834.00M	469.00M	475.00M	904.00M	1.46B	1.75B	2.08B	2.38B	2.63B	2.74B	4.17B	5.40B	5.76B	6.14B	6.59B
FCF to OCF	100.83%	103.53%	107.67%	98.62%	100.00%	100.00%	100.00%	100.00%	151.19%	100.00%	102.24%	135.07%	108.29%	122.24%	74.39%	102.32%	101.72%	100.00%	106.65%	98.09%	106.26%	96.29%	34.98%	93.85%	97.79%	12.29%	62.63%	47.85%	136.16%	74.47%	95.52%	105.72%	93.21%	148.12%	110.17%	-154.19%	94.09%
Dividend Paid to FCF	-0.64%	-1.43%	-2.88%	2.17%	51.11%	2.80%	6.93%	6.07%	-46.79%	3.38%	-1.92%	-28.70%	-3.99%	-16.19%	56.74%	-4.37%	-3.70%	-1.92%	-5.17%	1.70%	-3.55%	2.96%	15.50%	2.02%	1.39%	650.36%	63.23%	149.10%	-33.99%	43.66%	6.75%	-10.27%	13.17%	-57.00%	-15.60%	-292.29%	14.30%

Key Statistics & Ratios

Market Cap65.22B

Enterprise Value-82.02B

Trailing P/E3.14

Forward P/E0.00

Price / Sales0.89

Price / Book0.00

EPS7.86

Book Value67.80

Revenue (TTM)77.83B

Gross Profit (TTM)68.21B

Profit Margin25.90%

Operating Margin41.57%

Return on Equity17.97%

Return on Assets1.35%

Shares Outstanding1.72B

Shares Float1.19B

Beta1.21

Dividend Yield6.97%

Dividend Rate1.74

Payout Ratio0.00%

Ownership Breakdown

Institutions: 0.07%
Insiders: 0.00%
Retail / Other: 99.93%

Top Institutional Holders

Golden State Equity Partners
9.60K0.00%
PNC Financial Services Group Inc
2770.00%
First Command Advisory Services, Inc.
720.00%
Nbc Securities Inc
00.00%

Dividends

20263×

0.44Sep 30, 20260.43Jun 30, 20260.43Mar 31, 2026

20254×

0.44Dec 31, 20250.44Sep 30, 20250.43Jun 30, 20250.43Mar 31, 2025

20244×

0.44Dec 31, 20240.44Sep 30, 20240.43Jun 28, 20240.43Mar 27, 2024

20234×

0.43Dec 28, 20230.43Sep 28, 20230.43Jun 29, 20230.43Mar 30, 2023

20224×

0.43Dec 29, 20220.43Sep 29, 20220.43Jun 29, 20220.43Mar 30, 2022

20214×

0.43Dec 30, 20210.43Sep 29, 20210.43Jun 29, 20210.43Mar 30, 2021

20201×

0.43Dec 30, 2020