Stocks Comparison
Morgan Stanley vs Schwab Charles: revenue, profit, margins and growth compared
Morgan Stanley brought in $70.6B of revenue in fiscal 2025, Schwab Charles $23.9B in fiscal 2025. Revenue changed by +14.4% at Morgan Stanley and +22.0% at Schwab Charles on the year before, so Schwab Charles grew faster. Morgan Stanley kept 23.9% of its revenue as net profit, Schwab Charles 37.0%.
Side by side, latest fiscal year
| MS | SCHW | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $70.6B | $23.9B |
| Revenue growth | +14.4% | +22.0% |
| Net income | $16.9B | $8.9B |
| Net margin | 23.9% | 37.0% |
| Free cash flow | n/a | $8.8B |
| Free cash flow margin | n/a | 36.6% |
| Earnings per share (diluted) | $10.21 | $4.65 |
| Cash | $111.7B | $46B |
| Debt | $341.7B | $22.2B |
| Price to earnings | 19.2 | 21.3 |
| Market value | $308.3B | $171.3B |
| Dividend yield | 1.96% | 1.09% |
| Rank by revenue in sector | #9 of 444 · Finance | #26 of 444 · Finance |
Over the years
Questions about Morgan Stanley and Schwab Charles
Which is bigger by revenue, Morgan Stanley or Schwab Charles?
Morgan Stanley is bigger by revenue: $70.6B in fiscal 2025, against $23.9B for Schwab Charles in fiscal 2025.
Which keeps more of its revenue as profit, Morgan Stanley or Schwab Charles?
Morgan Stanley had a net margin of 23.9% in fiscal 2025; Schwab Charles had 37.0% in fiscal 2025.
Which grew revenue faster, Morgan Stanley or Schwab Charles?
In their latest fiscal years revenue changed by +14.4% at Morgan Stanley and +22.0% at Schwab Charles.
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.