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Friday 6 November 2026 Export MS’s income statement to Excel — free account

Morgan Stanley

MS Financial Capital Markets

Morgan Stanley’s revenue for fiscal 2025 (year ended December 2025) was $119.7 billion, up 11.5% from fiscal 2024.

Revenue
+6.69%
EPS
+8.48%
Free cash flow
−132.2%
Total debt
+19.4%

Quarter to September 2026, against a year earlier

183.12 10.85 −5.59%
Market cap
$286.5B
P/E
14.4×
Fwd P/E
14.3×
Dividend yield
2.35%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Morgan Stanley (MS) Current ratio

Alert me on Current ratio

Morgan Stanley's current ratio at the end of the quarter to 30 June 2026 was 0.8×, down 0.0× from fiscal 2025 (0.8×). Over the past ten years it has ranged from 0.7× (fiscal 2020) to 0.8× (fiscal 2024); the current reading is higher than 91% of that period. That is below the Capital Markets industry median of 1.5× and below the Financial sector median of 1.0×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 0.8× (1.06%)
FY2024 0.8× 9.64%
FY2023 0.7× (5.94%)
FY2022 0.8× 1.82%
FY2021 0.8× 6.49%
FY2020 0.7× (1.97%)
FY2019 0.7× (7.61%)
FY2018 0.8× 4.57%
FY2017 0.8× (0.66%)
FY2016 0.8× 4.47%

Quarterly newest first

Period Current ratio Change
Jun 2026 0.8× 2.95%
Mar 2026 0.8× (4.86%)
Dec 2025 0.8× 3.01%
Sep 2025 0.8× 1.13%
42 more quarters

Against its own ten years

Low 0.7× High 0.8×
Ten-year median 0.8×
Current reading's percentile 91

Current ratio against peers

Company Current ratio
TW Tradeweb Markets Inc. compare 4.5×
LPLA LPL Financial Holdings Inc. compare 2.6×
HOOD Robinhood Markets, Inc. compare 1.2×
IBKR Interactive Brokers Group, Inc. compare 1.1×
NMR Nomura Holdings Inc ADR compare 1.1×
CRCL Circle Internet Group, Inc. compare 1.0×
MS Morgan Stanley 0.8×
SCHW The Charles Schwab Corporation compare 0.6×
GS The Goldman Sachs Group, Inc. compare 0.6×
Capital Markets industry median 1.5×
Financial sector median 1.0×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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