Saturday 17 October 2026
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Morgan Stanley
Morgan Stanley’s revenue for fiscal 2025 (year ended December 2025) was $119.7 billion, up 11.5% from fiscal 2024. In the quarter to September 2026, revenue grew 6.69%, EPS grew 13.4%, free cash flow fell 132.2% and total debt rose 19.4%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five.
180.57
1.53
−0.84%
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| Older periods | Dec '25 | Mar '26 | Jun '26 | Sep '26 | |
|---|---|---|---|---|---|
P/E ratio |
+8 more quarters Free account |
17.20 | 14.73 | 16.70 | 14.58 |
P/S ratio |
2.34 | 2.08 | 2.52 | 2.22 | |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 0.00 | |
P/Operating CF |
(115.95) | (36.19) | (118.26) | (105.99) | |
P/B ratio |
2.72 | 2.43 | 3.02 | 2.70 | |
Price to Tangible BV |
3.49 | 3.11 | 3.83 | 3.44 | |
EV/Sales |
2.04 | 1.71 | 1.91 | — | |
EV/EBITDA |
3.23 | 2.71 | 3.03 | — | |
EV/Operating CF |
(13.67) | (209.18) | (15.81) | — | |
EV/FCF |
(11.76) | (53.54) | (13.26) | — | |
Quick Ratio |
0.81 | 0.77 | 0.79 | — | |
Current Ratio |
0.81 | 0.77 | 0.79 | — | |
Net Debt/EBITDA |
(1.84) | (2.24) | (3.62) | — | |
Debt/Assets |
24.57% | 23.50% | 23.44% | — | |
Debt/Equity |
3.10 | 3.22 | 3.34 | — | |
Asset Turnover |
0.09 | 0.09 | 0.09 | 0.00 | |
Operating CF/Net income |
(0.57) | (1.31) | (0.51) | 0.00 | |
Capex/Depreciation |
(0.62) | (1.06) | (0.68) | — | |
Interest Coverage |
1.48 | 1.56 | 1.56 | 1.50 | |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | |
Selling, General and Administrative Expense of Revenue |
32.82% | 33.44% | 31.78% | 32.60% | |
Intangible Assets out of Total Assets |
0.02 | 0.01 | 0.01 | — | |
Share Based Compensation of Revenue |
1.56% | 1.72% | 1.63% | 0.00% | |
Graham Net Nets |
(1.90) | (2.42) | (1.95) | (2.17) | |
Graham Number |
123.21 | 130.41 | 139.72 | 0.00 | |
Earnings Yield |
5.81% | 6.79% | 5.99% | 6.86% | |
Free Cash Flow Yield |
(7.44%) | (1.54%) | (5.72%) | (6.38%) | |
Revenue per Share |
19.05 | 21.24 | 22.18 | 21.50 | |
Operating CF per Share |
(1.53) | (4.55) | (1.77) | 0.00 | |
Capex per Share |
(0.45) | (0.48) | (0.53) | 0.00 | |
Free Cash Flow per Share |
(1.98) | (5.03) | (2.29) | 0.00 | |
Cash per Share |
243.87 | 267.12 | 303.09 | 0.00 | |
Shareholders Equity per Share |
71.57 | 73.92 | 75.57 | 0.00 | |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | |
Book value per Share |
71.57 | 73.92 | 75.57 | 0.00 | |
Free Cash Flow |
(3,119.00) | (7,852.00) | (3,566.00) | — | |
Working Capital |
(182,023.00) | (250,974.00) | (240,667.00) | — | |
Capital Expenditures |
(709.00) | (754.00) | (819.00) | — | |
Net Current Asset Value |
(530,958.00) | (622,542.00) | (633,223.00) | — | |
EV/EBIT |
3.45 | 2.87 | 3.20 | — | |
Capex to Sales |
0.02 | 0.02 | 0.02 | 0.00 | |
Price to Operating Income |
3.94 | 3.49 | 4.22 | 3.77 | |
| Other line items | |||||
Average Receivables |
358,562.50 | 383,784.50 | 404,840.50 | — | |
Average Payables |
201,228.50 | 230,510.00 | 247,207.50 | — | |
Average Assets |
1,317,670.50 | 1,440,857.00 | 1,514,463.50 | — | |
Average Common Equity |
99,290.00 | 101,865.50 | 103,605.00 | — |
Columns are period end dates · fundamentals updated 15 Oct 2026