Morgan Stanley logo

Morgan Stanley

MS-PA

NYSEFinancial ServicesFinancial - Capital Markets

Previous close

$19.01

+$0.05 · +0.26%

Aug 24, 3:59 PM ET

After-hours

$19.01

$0.00 · 0.00%

Aug 24, 5:05 PM ET

MS-PA company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

81

Deep Value

Momentum

39

Weakening

Sentiment

58

Mixed

Risk resilience

75

Moderate Risk

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Company profile

Company website

Morgan Stanley, a distinguished financial holding company established in New York in 1924, provides a comprehensive range of financial solutions and services worldwide. Its diverse clientele includes corporations, government entities, financial institutions, and individual clients spanning the Americas, Europe, the Middle East, Africa, and Asia. The firm operates through three core divisions: 1. Institutional Securities: This segment focuses on capital markets and strategic financial advisory. It assists clients with raising capital by underwriting debt, equity, and other securities, and offers expert counsel on mergers and acquisitions, corporate restructurings, real estate transactions, and project financing. Furthermore, it delivers extensive sales and trading services, including market-making, prime brokerage, financing, and trading across equities, fixed income, foreign exchange, and commodities. Lending activities, encompassing corporate and commercial real estate loans, secured lending facilities, and asset-backed and mortgage lending, are also part of its offerings, alongside select wealth management and research capabilities. 2. Wealth Management: Catering primarily to individual investors, small-to-medium sized businesses, and certain institutions, this division provides a broad spectrum of wealth-building and management services. These offerings include financial advisor-led and self-directed brokerage, holistic financial and wealth planning, workplace solutions such as stock plan administration, and annuity and insurance products. Additionally, it offers various lending products, including securities-based loans and residential real estate loans, banking services, and retirement plan administration. 3. Investment Management: This segment specializes in asset management for a wide array of institutional clients, such as pension funds, foundations, endowments, government entities, sovereign wealth funds, insurance companies, and corporations. It offers diverse investment products, including equity, fixed income, liquidity, and alternative strategies, distributed through both direct institutional and intermediary channels.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
US
CEO
Edward N. Pick
Listed since
Jul 10, 2006
Employees
83,000

Market position

Day range

Current $19.01

52-week range

Current $19.01

Open
$18.975
Previous close
$18.96
Volume
83.57K
1.06× average
Average volume
79.01K
Average daily volume
Market cap
66.94B USD
Beta
1.21
Market reference 1
50-day average
$19.0854
-0.40% below average
200-day average
$19.5238
-2.63% below average

Financials

Financial snapshot

Latest / TTM

Financial health

Altman Z-score
-0.03
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends106%71%36%2%Gross margin, FY2021: 97.63%Gross margin, FY2022: 79.92%Gross margin, FY2023: 56.79%Gross margin, FY2024: 55.61%Gross margin, FY2025: 57.07%Operating margin, FY2021: 34.04%Operating margin, FY2022: 22.55%Operating margin, FY2023: 13.38%Operating margin, FY2024: 17.06%Operating margin, FY2025: 19.09%Net margin, FY2021: 26.02%Net margin, FY2022: 17.65%Net margin, FY2023: 10.29%Net margin, FY2024: 12.98%Net margin, FY2025: 14.66%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 97.63%. Gross margin FY2022 79.92%. Gross margin FY2023 56.79%. Gross margin FY2024 55.61%. Gross margin FY2025 57.07%. Operating margin FY2021 34.04%. Operating margin FY2022 22.55%. Operating margin FY2023 13.38%. Operating margin FY2024 17.06%. Operating margin FY2025 19.09%. Net margin FY2021 26.02%. Net margin FY2022 17.65%. Net margin FY2023 10.29%. Net margin FY2024 12.98%. Net margin FY2025 14.66%.

Income trends

Revenue

114.98B USD+11.48%

Operating income

21.95B USD+24.77%

Net income

16.86B USD+25.92%
Income trends across reported periods125.57B USD83.21B USD40.86B USD−1.5B USDRevenue, FY2021: 57.78B USDRevenue, FY2022: 62.48B USDRevenue, FY2023: 88.29B USDRevenue, FY2024: 103.15B USDRevenue, FY2025: 114.98B USDOperating income, FY2021: 19.67B USDOperating income, FY2022: 14.09B USDOperating income, FY2023: 11.81B USDOperating income, FY2024: 17.6B USDOperating income, FY2025: 21.95B USDNet income, FY2021: 15.03B USDNet income, FY2022: 11.03B USDNet income, FY2023: 9.09B USDNet income, FY2024: 13.39B USDNet income, FY2025: 16.86B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 57.78B USD. Revenue FY2022 62.48B USD. Revenue FY2023 88.29B USD. Revenue FY2024 103.15B USD. Revenue FY2025 114.98B USD. Operating income FY2021 19.67B USD. Operating income FY2022 14.09B USD. Operating income FY2023 11.81B USD. Operating income FY2024 17.6B USD. Operating income FY2025 21.95B USD. Net income FY2021 15.03B USD. Net income FY2022 11.03B USD. Net income FY2023 9.09B USD. Net income FY2024 13.39B USD. Net income FY2025 16.86B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue114.98B USD103.15B USD88.29B USD62.48B USD57.78B USD
Cost of goods sold49.37B USD45.79B USD38.15B USD12.55B USD1.37B USD
Gross profit65.62B USD57.36B USD50.14B USD49.93B USD56.41B USD
Selling, general, and administrative30.25B USD27.14B USD25.1B USD23.96B USD25.27B USD
Operating expenses43.66B USD39.76B USD38.32B USD35.84B USD36.74B USD
Interest income59.06B USD54.14B USD45.85B USD21.6B USD9.41B USD
Interest expense49.02B USD45.52B USD37.62B USD12.27B USD1.37B USD
Depreciation and amortization4.66B USD5.16B USD4.26B USD4B USD4.22B USD
Operating income21.95B USD17.6B USD11.81B USD14.09B USD19.67B USD
Net income16.86B USD13.39B USD9.09B USD11.03B USD15.03B USD

Company facts updated Aug 25, 2026.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.3069

2025 complete year+27.8% since 2021

2026 partial: $0.5825

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 30, 2026

$0.3012

Quarterly

Record Sep 30, 2026 · Payment Oct 15, 2026

Dividend

Ex-dividend Jun 30, 2026

$0.2929

Quarterly

Record Jun 30, 2026 · Payment Jul 15, 2026

Dividend

Ex-dividend Mar 31, 2026

$0.2896

Quarterly

Record Mar 31, 2026 · Payment Apr 15, 2026

Dividend

Ex-dividend Dec 31, 2025

$0.3109

Quarterly

Record Dec 31, 2025 · Payment Jan 15, 2026

Dividend

Ex-dividend Sep 30, 2025

$0.3373

Quarterly

Record Sep 30, 2025 · Payment Oct 15, 2025

Dividend

Ex-dividend Jun 30, 2025

$0.3297

Quarterly

Record Jun 30, 2025 · Payment Jul 15, 2025

MS-PA peers

ETFs holding MS-PA

Funds reporting this stock among their holdings, ordered by reported position size.

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