Morgan Stanley
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | Q3 16 | Q4 16 | Q1 17 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 | Q1 19 | Q2 19 | Q3 19 | Q4 19 | Q1 20 | Q2 20 | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||||||||||||
| 11.6 | 13.1 | 11.6 | 11.7 | 12.3 | 15.4 | 14.0 | 11.0 | 10.2 | 7.7 | 8.3 | 8.8 | 8.3 | 9.1 | 6.4 | 8.1 | 7.7 | 11.2 | 10.5 | 12.3 | 12.0 | 11.7 | 10.5 | 9.7 | 10.7 | 12.9 | 14.1 | 14.1 | 13.7 | 16.7 | 16.0 | 15.0 | 15.0 | 15.1 | 13.1 | 15.2 | 15.7 | 16.8 | 14.4 | 16.5 | |
| 1.8 | 2.2 | 2.1 | 2.1 | 2.2 | 2.3 | 2.2 | 1.8 | 1.7 | 1.4 | 1.5 | 1.5 | 1.4 | 1.6 | 1.1 | 1.5 | 1.5 | 2.5 | 2.6 | 3.1 | 3.1 | 3.0 | 2.7 | 2.3 | 2.3 | 2.3 | 2.1 | 1.8 | 1.6 | 1.7 | 1.6 | 1.6 | 1.7 | 2.0 | 1.8 | 2.1 | 2.3 | 2.5 | 2.2 | 2.6 | |
| 0.8 | 1.0 | 1.0 | 1.0 | 1.1 | 1.2 | 1.2 | 1.0 | 1.0 | 0.8 | 0.9 | 0.9 | 0.8 | 1.0 | 0.6 | 0.9 | 0.9 | 1.2 | 1.3 | 1.6 | 1.7 | 1.7 | 1.5 | 1.3 | 1.3 | 1.4 | 1.4 | 1.4 | 1.4 | 1.5 | 1.5 | 1.6 | 1.6 | 1.9 | 1.7 | 2.1 | 2.3 | 2.5 | 2.3 | 3.0 | |
| 6.7 | 7.1 | 7.0 | 7.0 | 7.1 | 7.2 | 6.9 | 5.2 | 5.9 | 5.4 | 5.5 | 5.9 | 5.6 | 5.6 | 4.6 | 5.6 | 5.6 | 6.8 | 5.5 | 6.1 | 7.0 | 6.7 | 6.3 | 6.0 | 6.0 | 5.7 | 5.5 | 4.9 | 4.5 | 4.8 | 4.8 | 4.6 | 4.7 | 4.7 | 4.9 | 4.9 | 5.3 | 5.8 | 4.3 | 5.5 | |
| 23.5 | 24.3 | 22.9 | 23.5 | 24.3 | 24.7 | 23.5 | 17.9 | 20.6 | 19.8 | 20.7 | 22.6 | 21.7 | 20.7 | 17.2 | 18.9 | 17.6 | 18.6 | 13.7 | 15.0 | 16.9 | 16.3 | 15.4 | 15.6 | 17.2 | 19.7 | 22.3 | 22.6 | 23.0 | 26.9 | 27.0 | 24.7 | 24.4 | 21.4 | 22.0 | 22.0 | 22.6 | 25.0 | 18.7 | 23.7 | |
| 3.3 | 66.9 | – | – | – | – | 11.9 | 27.0 | 5.6 | 12.4 | 7.3 | 2.2 | 2.2 | 2.1 | 1.2 | 4.0 | – | – | – | – | 29.2 | 5.5 | 31.3 | 8.8 | 26.9 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |
| 30.0% | 1.5% | -5.9% | -30.2% | -14.8% | -6.5% | 8.4% | 3.7% | 17.7% | 8.0% | 13.7% | 45.5% | 45.7% | 47.6% | 85.9% | 24.8% | -1.6% | -21.6% | -16.9% | -1.5% | 3.4% | 18.1% | 3.2% | 11.4% | 3.7% | -6.6% | -13.5% | -31.4% | -24.6% | -24.3% | -15.0% | -6.8% | -18.9% | -1.0% | -16.2% | -9.3% | -2.7% | -6.3% | -0.4% | -4.7% | |
| Margins | ||||||||||||||||||||||||||||||||||||||||
| 91.8% | 90.8% | 90.4% | 89.2% | 87.4% | 86.3% | 85.3% | 83.7% | 81.9% | 78.9% | 76.3% | 74.4% | 73.8% | 75.8% | 76.4% | 81.7% | 86.3% | 90.7% | 95.6% | 96.7% | 97.5% | 97.6% | 97.3% | 95.4% | 89.8% | 79.9% | 71.3% | 64.3% | 59.3% | 56.0% | 54.4% | 53.8% | 53.7% | 55.6% | 56.3% | 56.3% | 56.9% | 57.1% | 58.0% | 59.7% | |
| 23.5% | 24.6% | 25.9% | 25.6% | 25.1% | 25.0% | 25.3% | 25.2% | 25.1% | 23.5% | 22.2% | 21.5% | 21.0% | 22.0% | 21.2% | 23.8% | 25.8% | 29.0% | 32.8% | 32.8% | 33.7% | 34.0% | 33.2% | 31.4% | 28.0% | 22.6% | 19.1% | 16.5% | 14.9% | 13.2% | 13.3% | 14.0% | 14.6% | 17.1% | 17.7% | 17.8% | 18.8% | 19.1% | 19.5% | 20.7% | |
| 15.2% | 16.6% | 17.7% | 17.6% | 17.6% | 14.7% | 15.8% | 16.5% | 16.6% | 18.3% | 17.6% | 16.8% | 16.8% | 17.6% | 16.8% | 18.6% | 20.0% | 22.1% | 25.0% | 25.3% | 25.8% | 26.0% | 25.6% | 24.1% | 21.6% | 17.7% | 14.9% | 13.0% | 11.7% | 10.2% | 10.2% | 10.7% | 11.0% | 13.0% | 13.5% | 13.6% | 14.4% | 14.7% | 15.1% | 16.0% | |
| 52.8% | 3.3% | -12.0% | -62.5% | -32.1% | -14.8% | 18.6% | 6.7% | 30.2% | 11.4% | 20.1% | 67.1% | 64.0% | 75.9% | 92.7% | 37.1% | -2.5% | -53.7% | -44.3% | -4.5% | 10.6% | 54.8% | 8.6% | 26.5% | 8.6% | -15.2% | -28.3% | -57.3% | -39.3% | -41.3% | -24.4% | -10.9% | -31.3% | -2.0% | -28.7% | -19.3% | -6.0% | -15.6% | -0.9% | -12.4% | |
| Returns | ||||||||||||||||||||||||||||||||||||||||
| 6.8% | 7.9% | 8.7% | 8.8% | 9.0% | 7.9% | 8.8% | 9.5% | 10.0% | 10.9% | 10.5% | 10.1% | 10.1% | 11.1% | 9.7% | 10.7% | 11.1% | 10.8% | 12.6% | 12.9% | 13.9% | 14.3% | 14.2% | 13.4% | 12.4% | 11.0% | 10.3% | 10.0% | 9.9% | 9.2% | 9.6% | 10.3% | 10.8% | 12.8% | 13.4% | 13.6% | 14.7% | 15.1% | 15.9% | 18.3% | |
| 0.6% | 0.7% | 0.8% | 0.8% | 0.8% | 0.7% | 0.8% | 0.9% | 0.9% | 1.0% | 1.0% | 0.9% | 0.9% | 1.0% | 0.9% | 1.0% | 1.0% | 1.0% | 1.2% | 1.2% | 1.2% | 1.3% | 1.2% | 1.2% | 1.1% | 0.9% | 0.9% | 0.9% | 0.8% | 0.8% | 0.8% | 0.9% | 0.9% | 1.1% | 1.1% | 1.1% | 1.2% | 1.2% | 1.1% | 1.2% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||||||||||||
| 170,517 | 178,392 | 188,948 | 196,062 | 200,905 | 206,395 | 203,901 | 154,129 | 200,718 | 191,162 | 195,421 | 217,821 | 209,977 | 206,838 | 174,742 | 203,403 | 200,928 | 214,358 | 152,800 | 162,473 | 221,487 | 213,050 | 203,038 | 208,722 | 213,630 | 212,980 | 238,211 | 237,515 | 246,482 | 280,377 | 299,065 | 296,898 | 312,920 | 284,745 | 336,094 | 311,715 | 341,151 | 381,746 | 259,670 | 363,349 | |
| 17.4 | 16.9 | 16.2 | 16.6 | 16.9 | 17.0 | 16.0 | 11.6 | 14.7 | 14.6 | 15.2 | 17.0 | 16.3 | 14.8 | 13.1 | 13.8 | 12.8 | 11.8 | 7.1 | 7.4 | 9.4 | 8.9 | 8.8 | 9.6 | 10.6 | 11.8 | 13.8 | 14.2 | 14.9 | 17.4 | 17.9 | 16.2 | 15.9 | 12.5 | 14.1 | 12.8 | 13.0 | 14.3 | 9.3 | 12.4 | |
| 9.5% | 9.3% | 9.4% | 9.4% | 9.3% | 9.1% | 9.1% | 9.0% | 9.1% | 9.4% | 9.2% | 9.2% | 9.1% | 9.1% | 9.1% | 8.9% | 9.2% | 9.1% | 9.2% | 9.2% | 8.9% | 8.9% | 8.4% | 8.7% | 8.7% | 8.5% | 8.4% | 8.6% | 8.5% | 8.3% | 8.1% | 8.3% | 8.2% | 8.6% | 8.2% | 8.0% | 8.1% | 7.9% | 7.2% | 6.6% | |
| 2.8 | 2.9 | 3.0 | 3.1 | 3.2 | 3.3 | 3.3 | 2.6 | 3.3 | 3.0 | 3.0 | 3.3 | 3.1 | 3.1 | 2.9 | 3.1 | 2.9 | 2.8 | 2.1 | 2.3 | 2.8 | 2.8 | 2.9 | 2.9 | 2.8 | 3.1 | 3.1 | 3.1 | 3.3 | 3.4 | 3.7 | 3.6 | 3.6 | 3.4 | 3.7 | 3.9 | 3.8 | 4.4 | 3.4 | 4.7 | |
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| 2.78 | 3.23 | 3.68 | 3.80 | 3.92 | 3.40 | 3.87 | 4.31 | 4.55 | 5.13 | 5.07 | 5.00 | 5.12 | 5.64 | 5.28 | 5.98 | 6.29 | 6.10 | 7.38 | 7.46 | 8.13 | 8.42 | 8.31 | 7.87 | 7.36 | 6.57 | 6.22 | 6.08 | 5.97 | 5.59 | 5.89 | 6.46 | 6.96 | 8.33 | 8.93 | 9.26 | 10.16 | 10.58 | 11.41 | 12.70 | |
| 18.23 | 19.44 | 20.78 | 21.55 | 22.29 | 23.13 | 24.54 | 26.04 | 27.38 | 28.04 | 28.88 | 29.69 | 30.52 | 32.04 | 31.50 | 32.21 | 31.43 | 27.59 | 29.57 | 29.53 | 31.45 | 32.37 | 32.43 | 32.61 | 34.00 | 37.21 | 41.73 | 46.82 | 51.21 | 55.02 | 57.92 | 60.58 | 62.99 | 64.14 | 66.07 | 68.04 | 70.37 | 72.18 | 75.47 | 79.43 | |
| 41.06 | 41.04 | 42.30 | 43.07 | 43.44 | 43.09 | 44.06 | 45.26 | 45.57 | 47.07 | 48.14 | 49.38 | 50.63 | 50.90 | 54.58 | 55.65 | 56.45 | 56.48 | 58.45 | 58.05 | 58.45 | 59.07 | 58.63 | 58.96 | 59.52 | 59.64 | 60.63 | 60.80 | 60.38 | 60.87 | 61.38 | 62.52 | 64.42 | 64.99 | 66.76 | 67.91 | 69.03 | 70.08 | 71.74 | 69.31 | |
| 9.63 | 0.63 | -2.50 | -13.47 | -7.15 | -3.42 | 4.55 | 1.76 | 8.27 | 3.19 | 5.79 | 19.94 | 19.52 | 24.31 | 29.19 | 11.96 | -0.80 | -14.80 | -13.09 | -1.34 | 3.33 | 17.74 | 2.79 | 8.65 | 2.94 | -5.64 | -11.81 | -26.82 | -20.11 | -22.71 | -14.12 | -6.60 | -19.70 | -1.31 | -18.96 | -13.15 | -4.24 | -11.23 | -0.66 | -9.85 | |
Showing the most recent 40 periods — older statements are on file for this stock.
Data as of: October 2, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.