Morgan Stanley logo

Morgan Stanley

MS-PK

NYSEFinancial ServicesFinancial - Capital Markets

Latest quote

$22.26

+$0.06 · +0.27%

Aug 24, 4:00 PM ET

After-hours

$22.26

$0.00 · 0.00%

Aug 24, 4:15 PM ET

MS-PK 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

76

Undervalued

Momentum

44

Neutral

Sentiment

58

Mixed

Risk resilience

80

Low Risk

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Company profile

Company website

Morgan Stanley, a prominent financial conglomerate, delivers a broad spectrum of financial offerings and expertise. Its client base spans global corporations, governmental bodies, financial organizations, and private individuals across continents, including North and South America, Europe, the Middle East, Africa, and Asia. The firm's operations are strategically organized into three distinct divisions: Institutional Securities, Wealth Management, and Investment Management. The Institutional Securities division focuses on facilitating capital generation and providing expert financial guidance. This encompasses underwriting various securities such as debt and equity, alongside offering consultancy on mergers, acquisitions, corporate restructurings, real estate transactions, and specialized project financing. Furthermore, this segment is active in sales and trading, delivering services like direct sales, financing solutions, prime brokerage, and acting as a market maker for equities and fixed-income instruments, including foreign exchange and commodities. It also extends corporate and commercial real estate loans, offering secured credit lines and funding to its sales and trading clients, in addition to asset-backed and mortgage lending. Complementing these are specialized wealth management, investment analysis, and research services. The Wealth Management division caters to individual investors, small-to-midsize businesses, and various institutions. It delivers a comprehensive suite of services, including personalized brokerage and investment advice from financial advisors, self-service brokerage options, extensive financial and wealth strategy planning, and workplace solutions such as stock plan management. This segment also provides annuity and insurance offerings, various lending options like securities-backed loans and residential property financing, general banking services, and retirement planning solutions. Finally, the Investment Management segment furnishes a diverse array of investment vehicles, including equity, fixed income, liquidity management, and alternative strategies. These are distributed through institutional and intermediary networks to a broad clientele, such as pension and defined contribution schemes, charitable foundations, university endowments, governmental bodies, sovereign wealth funds, insurers, and external fund sponsors and corporate clients. Established in 1924, Morgan Stanley maintains its primary headquarters in New York, New York.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
US
CEO
Edward N. Pick
Listed since
Jan 25, 2017
Employees
83,000

Market position

Day range

Current $22.26

52-week range

Current $22.26

Open
$22.26
Previous close
$22.20
Volume
0
0× average
Average volume
67.82K
Average daily volume
Market cap
320.48B USD
Beta
1.21
Market reference 1
50-day average
$23.2132
-4.11% below average
200-day average
$24.0861
-7.58% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
642.76B USD
P/E (TTM)
17.21×
P/B (TTM)
3.05×
P/S (TTM)
2.67×
EV / EBITDA
24.15×
Earnings yield
6.05%
Free cash flow yield
16.53%
Dividend yield
1.94%

Profitability & efficiency

Gross margin
59.72%
Operating margin
20.70%
Net margin
15.99%
Return on equity
15.10%
Return on assets
1.19%
Return on invested capital
1.69%

Financial health

Debt / equity
4.75×
Current ratio
1.17×
Altman Z-score
-1.4
Piotroski F-score
5 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 24, 2026.

Earnings

Latest fiscal-year EPS
10.2
FY2025 · +28.30% year over year
Latest fiscal-year revenue
114.98B USD
FY2025 · +11.48% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend10.78.696.694.68FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend120.7B97.82B74.94B52.06BFY21FY22FY23FY24FY25

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

39 ratings
Strong buy00%
Buy2256%
Hold1641%
Sell13%
Strong sell00%

Corporate actions

Annual dividends per share

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

$1.4625

2025 complete year0.0% since 2021

2026 partial: $0.7313

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 30, 2026

$0.3656

Quarterly

Record Sep 30, 2026 · Payment Oct 15, 2026

Dividend

Ex-dividend Jun 30, 2026

$0.3656

Quarterly

Record Jun 30, 2026 · Payment Jul 15, 2026

Dividend

Ex-dividend Mar 31, 2026

$0.3656

Quarterly

Record Mar 31, 2026 · Payment Apr 15, 2026

Dividend

Ex-dividend Dec 31, 2025

$0.3656

Quarterly

Record Dec 31, 2025 · Payment Jan 15, 2026

Dividend

Ex-dividend Sep 30, 2025

$0.3656

Quarterly

Record Sep 30, 2025 · Payment Oct 15, 2025

Dividend

Ex-dividend Jun 30, 2025

$0.3656

Quarterly

Record Jun 30, 2025 · Payment Jul 15, 2025

MS-PK peers

ETFs holding MS-PK

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

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