Morgan Stanley
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
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Morgan Stanley (MS) Net income
Morgan Stanley's net income for fiscal 2025 was $17.0B, up 25.8% from $13.5B in fiscal 2024. Over the twelve months to 30 June 2026 it was $20.4B. Over the past ten years it has ranged from $6.1B (fiscal 2016) to $17.0B (fiscal 2025) — the current reading is the highest in ten years. Morgan Stanley ranks 2nd of 93 Capital Markets companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2025 | $17.0B | 25.84% |
| FY2024 | $13.5B | 46.58% |
| FY2023 | $9.2B | (17.43%) |
| FY2022 | $11.2B | (26.06%) |
| FY2021 | $15.1B | 35.25% |
| FY2020 | $11.2B | 21.02% |
| FY2019 | $9.2B | 3.99% |
| FY2018 | $8.9B | 42.91% |
| FY2017 | $6.2B | 1.52% |
| FY2016 | $6.1B | (2.48%) |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Jun 2026 | $5.7B | 0.27% |
| Mar 2026 | $5.6B | 27.44% |
| Dec 2025 | $4.4B | (4.96%) |
| Sep 2025 | $4.7B | 30.21% |
| 42 more quarters | Free account |
Against its own ten years
Net income against peers
| Company | Net income |
|---|---|
| GS The Goldman Sachs Group, Inc. compare | $22.2B |
| MS Morgan Stanley | $20.4B |
| SCHW The Charles Schwab Corporation compare | $10.1B |
| IBKR Interactive Brokers Group, Inc. compare | $4.9B |
| HOOD Robinhood Markets, Inc. compare | $2.0B |
| LPLA LPL Financial Holdings Inc. compare | $1.4B |
| TW Tradeweb Markets Inc. compare | $1.0B |
| CRCL Circle Internet Group, Inc. compare | $462.9M |
| NMR Nomura Holdings Inc ADR compare | $0.00 |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
More on MS
- Revenue
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement