Invesaro

Stocks Comparison

eToro vs Morgan Stanley: revenue, profit, margins and growth compared

eToro brought in $13.8B of revenue in fiscal 2025, Morgan Stanley $70.6B in fiscal 2025. Revenue changed by +9.5% at eToro and +14.4% at Morgan Stanley on the year before, so Morgan Stanley grew faster. eToro kept 1.6% of its revenue as net profit, Morgan Stanley 23.9%.

Side by side, latest fiscal year

ETORMS
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$13.8B$70.6B
Revenue growth+9.5%+14.4%
Net income$215.7M$16.9B
Net margin1.6%23.9%
Free cash flow$313.4Mn/a
Free cash flow margin2.3%n/a
Earnings per share (diluted)$2.27$10.21
Cash$1.1B$111.7B
Debtn/a$341.7B
Price to earningsn/a19.2
Market value$2.1B$308.3B
Dividend yieldn/a1.96%
Rank by revenue in sector#50 of 444 · Finance#9 of 444 · Finance

Over the years

Revenue
ETOR FY2023: $3.9BETOR FY2025: $12.6BETOR FY2025: $13.8BMS FY2018: $40.1BMS FY2019: $41.5BMS FY2020: $48.8BMS FY2021: $59.8BMS FY2022: $53.7BMS FY2023: $54.1BMS FY2024: $61.8BMS FY2025: $70.6BFY18FY19FY20FY21FY22FY23FY24FY25
ETOR $13.8BMS $70.6B
Net income
ETOR FY2023: $15.3METOR FY2025: $192.4METOR FY2025: $215.7MMS FY2018: $8.7BMS FY2019: $9BMS FY2020: $11BMS FY2021: $15BMS FY2022: $11BMS FY2023: $9.1BMS FY2024: $13.4BMS FY2025: $16.9BFY18FY19FY20FY21FY22FY23FY24FY25
ETOR $215.7MMS $16.9B
Net margin
ETOR FY2023: 0.4%ETOR FY2025: 1.5%ETOR FY2025: 1.6%MS FY2018: 21.8%MS FY2019: 21.8%MS FY2020: 22.6%MS FY2021: 25.2%MS FY2022: 20.6%MS FY2023: 16.8%MS FY2024: 21.7%MS FY2025: 23.9%FY18FY19FY20FY21FY22FY23FY24FY25
ETOR 1.6%MS 23.9%
Revenue growth
ETOR FY2025: +225.3%ETOR FY2025: +9.5%MS FY2019: +3.6%MS FY2020: +17.4%MS FY2021: +22.6%MS FY2022: -10.2%MS FY2023: +0.9%MS FY2024: +14.1%MS FY2025: +14.4%FY19FY20FY21FY22FY23FY24FY25
ETOR +9.5%MS +14.4%
Free cash flow
ETOR FY2023: $111.4METOR FY2025: $266.2METOR FY2025: $313.4MFY23FY25
ETOR $313.4MMS

Fiscal years as each company reports them; the two may end in different months.

Questions about eToro and Morgan Stanley

Which is bigger by revenue, eToro or Morgan Stanley?

Morgan Stanley is bigger by revenue: $70.6B in fiscal 2025, against $13.8B for eToro in fiscal 2025.

Which keeps more of its revenue as profit, eToro or Morgan Stanley?

eToro had a net margin of 1.6% in fiscal 2025; Morgan Stanley had 23.9% in fiscal 2025.

Which grew revenue faster, eToro or Morgan Stanley?

In their latest fiscal years revenue changed by +9.5% at eToro and +14.4% at Morgan Stanley.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies