Invesaro

Stocks Finance MS

NYSE · Finance

Morgan Stanley (MS)

Morgan Stanley brought in $78B of revenue over the twelve months to June 30, 2026, up 18.0% from a year earlier. Net income was $20.2B, a net margin of 25.8%. At June 30, 2026 it held $160.1B in cash against $383.2B of debt.

Price
$196.31
-0.01% on the day · September 25, 2026
52-week range $151.84 to $232.25
Market cap
$308.3B
Revenue (last 12 months)
$78B
+18.0% year on year
Net margin
25.8%
P/E
19.2
on FY2025 diluted EPS

What Morgan Stanley does

Morgan Stanley provides investment banking, securities trading, and wealth and asset management services. Its clients include corporations, governments, financial institutions, and high-net-worth individuals. Its shares trade on NYSE under the ticker MS.

Revenue and profit by year

Revenue
FY18: $40.1B $40.1B FY18FY19: $41.5B $41.5B FY19FY20: $48.8B $48.8B FY20FY21: $59.8B $59.8B FY21FY22: $53.7B $53.7B FY22FY23: $54.1B $54.1B FY23FY24: $61.8B $61.8B FY24FY25: $70.6B $70.6B FY25
Net income
FY18: $8.7B $8.7B FY18FY19: $9B $9B FY19FY20: $11B $11B FY20FY21: $15B $15B FY21FY22: $11B $11B FY22FY23: $9.1B $9.1B FY23FY24: $13.4B $13.4B FY24FY25: $16.9B $16.9B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$70.6Bn/a$16.9B$10.21n/a
2024$61.8Bn/a$13.4B$7.95n/a
2023$54.1Bn/a$9.1B$5.18n/a
2022$53.7Bn/a$11B$6.15n/a
2021$59.8Bn/a$15B$8.03n/a
2020$48.8Bn/a$11B$6.46n/a

Latest SEC filings

What Morgan Stanley has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 25, 2026
    Securities offering prospectus 424B2
  2. September 25, 2026
    Securities offering prospectus 424B2
  3. September 25, 2026
    Securities offering prospectus 424B2
  4. September 25, 2026
    Securities offering prospectus 424B2
  5. September 25, 2026
    Securities offering prospectus 424B2
  6. September 25, 2026
    Securities offering prospectus 424B2
  7. September 25, 2026
    Securities offering prospectus 424B2
  8. September 25, 2026
    Securities offering prospectus 424B2
  9. September 25, 2026
    Offering term sheet FWP
  10. September 25, 2026
    Offering term sheet FWP

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 24, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about MS

What does Morgan Stanley do?

Morgan Stanley provides investment banking, securities trading, and wealth and asset management services. Its clients include corporations, governments, financial institutions, and high-net-worth individuals. Its shares trade on NYSE under the ticker MS.

Is Morgan Stanley profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $20.2B on revenue of $78B, a net margin of 25.8%.

How much revenue does Morgan Stanley make?

Over the twelve months to June 30, 2026 Morgan Stanley reported revenue of $78B. That is 18.0% more than a year earlier.

When did Morgan Stanley last report?

Its newest filing of any kind is the securities offering prospectus from September 25, 2026.

Similar companies

GLXY
Galaxy Digital Inc.
BLK
BlackRock, Inc.
SCHW
Schwab Charles Corp
RJF
Raymond James Financial Inc
ETOR
eToro Group Ltd.
JEF
Jefferies Financial Group Inc.

Follow MS

Get an email when Morgan Stanley files with the SEC: results, executive changes, material agreements and annual reports.

Follow MS: get an email when it files

Where the numbers come from

Financial figures are the values Morgan Stanley tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.