MS
Morgan Stanley
196.30$
+0.0%
vs. previous close
Closing price · As of: Sep 25, 2026
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 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| 11.0 | 13.9 | 13.1 | 17.3 | 16.6 | 17.8 | 14.8 | 16.8 | 13.7 | 12.4 | 11.5 | 17.4 | 10.3 | 26.1 | 8.2 | 6.2 | 555.3 | 21.0 | 22.1 | 10.1 | 13.4 | 15.6 | 7.9 | 9.3 | 10.1 | 11.8 | 13.2 | 16.9 | 15.1 | 16.8 | |
| 1.2 | 1.3 | 1.4 | 2.4 | 2.0 | 1.4 | 1.4 | 1.8 | 1.6 | 1.3 | 1.2 | 0.7 | 0.3 | 1.2 | 1.1 | 0.7 | 1.2 | 1.7 | 2.1 | 1.7 | 2.2 | 2.3 | 1.4 | 1.6 | 2.2 | 3.1 | 2.3 | 1.7 | 2.0 | 2.5 | |
| 2.0 | 2.4 | 2.8 | 4.9 | 4.7 | 3.0 | 2.0 | 2.6 | 2.2 | 2.1 | 2.4 | 1.8 | 0.4 | 0.8 | 0.7 | 0.4 | 0.6 | 0.9 | 1.1 | 0.8 | 1.0 | 1.2 | 0.9 | 1.0 | 1.1 | 1.7 | 1.5 | 1.6 | 1.9 | 2.5 | |
| 2.0 | 7.4 | 6.5 | 8.0 | 6.9 | 7.3 | 11.9 | 8.4 | 15.2 | 9.7 | 8.4 | 4.7 | 3.8 | 13.4 | 11.1 | 7.4 | 8.3 | 7.6 | 6.0 | 5.6 | 7.2 | 7.3 | 5.4 | 5.6 | 6.6 | 6.8 | 5.7 | 4.9 | 4.7 | 5.8 | |
| 11.2 | 43.3 | 33.8 | 33.3 | 33.9 | 50.1 | 71.4 | 49.0 | 76.4 | 63.2 | 58.8 | 119.6 | 101.0 | 160.4 | 52.1 | 36.7 | 116.8 | 44.3 | 45.3 | 20.4 | 24.4 | 24.8 | 19.9 | 20.8 | 17.9 | 16.4 | 19.8 | 27.0 | 21.4 | 25.0 | |
| 4.7 | – | 2.8 | – | – | – | – | 36.3 | – | – | – | – | 0.2 | – | 1.0 | 4.7 | 1.6 | 1.8 | 550.2 | 27.0 | 68.2 | – | 12.7 | 2.2 | – | 5.6 | – | – | – | 6.1 | |
| 21.1% | -2.5% | 35.7% | -36.1% | -3.5% | -41.6% | -13.9% | 2.8% | -40.9% | -52.1% | -70.8% | -42.1% | 410.8% | -139.2% | 101.9% | 21.3% | 63.4% | 55.7% | 0.2% | 3.7% | 1.5% | -6.4% | 7.9% | 46.5% | -24.0% | 17.8% | -6.5% | -24.1% | -1.0% | 16.3% | |
| Margins | ||||||||||||||||||||||||||||||
| 69.0% | 54.7% | 52.8% | 62.3% | 57.9% | 50.2% | 59.0% | 59.7% | 59.3% | 47.2% | 40.0% | 30.4% | 32.8% | 76.4% | 82.1% | 81.6% | 80.7% | 87.4% | 89.8% | 92.4% | 90.8% | 86.3% | 78.9% | 75.6% | 90.7% | 97.6% | 79.9% | 56.8% | 55.6% | 57.1% | |
| 17.1% | 15.8% | 17.3% | 22.3% | 18.9% | 13.0% | 14.3% | 15.3% | 17.8% | 13.7% | 13.1% | 3.4% | 2.3% | 4.0% | 17.3% | 16.3% | 2.0% | 12.9% | 9.9% | 23.6% | 24.6% | 25.0% | 23.5% | 22.0% | 29.0% | 34.0% | 22.6% | 13.4% | 17.1% | 19.1% | |
| 10.5% | 9.5% | 10.5% | 13.9% | 12.1% | 8.0% | 9.2% | 10.8% | 11.7% | 10.7% | 10.8% | 3.9% | 3.2% | 4.8% | 13.1% | 10.9% | 0.2% | 8.3% | 9.6% | 17.0% | 16.6% | 14.7% | 18.3% | 17.6% | 22.1% | 26.0% | 17.7% | 10.3% | 13.0% | 14.7% | |
| 24.5% | -3.3% | 49.4% | -86.5% | -7.1% | -59.5% | -19.1% | 5.0% | -65.3% | -68.9% | -87.6% | -28.6% | 133.6% | -172.6% | 109.3% | 14.4% | 76.1% | 97.2% | 0.4% | 6.4% | 3.3% | -14.8% | 11.4% | 75.7% | -53.7% | 54.8% | -15.2% | -41.9% | -2.0% | 40.1% | |
| Returns | ||||||||||||||||||||||||||||||
| 18.4% | 17.3% | 21.1% | 28.2% | 28.3% | 17.0% | 13.7% | 15.2% | 15.9% | 16.9% | 21.1% | 10.3% | 3.5% | 2.9% | 8.2% | 6.6% | 0.1% | 4.4% | 4.9% | 8.1% | 7.9% | 7.9% | 10.9% | 11.1% | 10.8% | 14.3% | 11.0% | 9.2% | 12.8% | 15.1% | |
| 2.2% | 0.9% | 1.0% | 1.3% | 1.3% | 0.7% | 0.6% | 0.6% | 0.6% | 0.5% | 0.7% | 0.3% | 0.3% | 0.2% | 0.6% | 0.5% | 0.0% | 0.4% | 0.4% | 0.8% | 0.7% | 0.7% | 1.0% | 1.0% | 1.0% | 1.3% | 0.9% | 0.8% | 1.1% | 1.2% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| 7,682 | 163,838 | 158,578 | 192,335 | 222,533 | 258,285 | 342,722 | 228,984 | 520,968 | 389,249 | 498,819 | 332,682 | 189,285 | 342,563 | 358,273 | 250,509 | 217,676 | 207,201 | 138,980 | 139,985 | 178,392 | 206,395 | 191,162 | 206,838 | 214,358 | 213,050 | 212,980 | 280,377 | 284,745 | 381,746 | |
| 4.7 | 35.5 | 26.6 | 23.3 | 24.0 | 40.3 | 63.2 | 38.3 | 68.3 | 54.6 | 50.2 | 102.3 | 92.4 | 145.5 | 47.0 | 33.3 | 100.0 | 34.1 | 29.2 | 14.1 | 16.9 | 17.0 | 14.6 | 14.8 | 11.8 | 8.9 | 11.8 | 17.4 | 12.5 | 14.3 | |
| 12.2% | 4.9% | 4.9% | 4.6% | 4.6% | 4.3% | 4.1% | 4.1% | 3.8% | 3.2% | 3.2% | 3.0% | 7.2% | 6.1% | 7.1% | 8.3% | 8.0% | 7.9% | 8.8% | 9.5% | 9.3% | 9.1% | 9.4% | 9.1% | 9.1% | 8.9% | 8.5% | 8.3% | 8.6% | 7.9% | |
| 1.9 | 11.5 | 11.3 | 12.0 | 12.5 | 13.8 | 17.0 | 10.4 | 19.6 | 15.7 | 15.5 | 13.4 | 6.0 | 8.5 | 7.4 | 5.3 | 4.8 | 4.6 | 3.2 | 2.6 | 2.9 | 3.3 | 3.0 | 3.1 | 2.8 | 2.8 | 3.1 | 3.4 | 3.4 | 4.4 | |
| Per Share | ||||||||||||||||||||||||||||||
| 1.50 | 2.12 | 2.70 | 4.13 | 4.77 | 3.14 | 2.69 | 3.45 | 4.06 | 4.57 | 7.08 | 3.04 | 1.56 | 1.14 | 3.33 | 2.44 | 0.03 | 1.50 | 1.76 | 3.14 | 3.17 | 3.36 | 5.03 | 5.51 | 6.77 | 8.29 | 6.44 | 5.52 | 8.31 | 10.58 | |
| 14.28 | 22.27 | 25.67 | 29.83 | 39.39 | 39.11 | 29.18 | 31.78 | 34.75 | 42.83 | 65.79 | 78.04 | 49.21 | 23.86 | 25.34 | 22.37 | 15.92 | 18.00 | 18.34 | 18.44 | 19.09 | 22.82 | 27.50 | 31.37 | 30.59 | 31.85 | 36.47 | 53.64 | 64.03 | 72.18 | |
| 8.17 | 12.28 | 12.80 | 14.67 | 16.83 | 18.47 | 19.70 | 22.62 | 25.52 | 27.02 | 33.53 | 29.66 | 44.49 | 39.39 | 40.54 | 37.04 | 32.37 | 33.69 | 35.97 | 38.50 | 40.30 | 42.50 | 46.17 | 49.73 | 62.67 | 58.13 | 58.46 | 60.17 | 64.87 | 70.08 | |
| 3.49 | -0.73 | 12.67 | -25.81 | -2.81 | -23.26 | -5.56 | 1.59 | -22.69 | -29.53 | -57.64 | -22.35 | 65.73 | -41.19 | 27.71 | 3.21 | 12.11 | 17.50 | 0.07 | 1.18 | 0.62 | -3.37 | 3.13 | 23.75 | -16.43 | 17.45 | -5.53 | -22.45 | -1.30 | 28.94 | |
Data as of: September 25, 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.