Morgan Stanley MS
196.31
(0.01)
(0.01%)
as of 25 Sep
- Market cap
- $309.4B
- P/E
- 15.7×
Follow MS
Indexes
indicate stock being part of an index,
Growth Flags
show if company had growth for consecutive years
Morgan Stanley (MS) Operating margin
Morgan Stanley's operating margin over the twelve months to 30 June 2026 was 59.7%, up 0.4 percentage points from fiscal 2025 (59.3%). Over the past ten years it has ranged from 29.7% (fiscal 2015) to 59.3% (fiscal 2025) — the current reading is the highest in ten years. That is above the Capital Markets industry median of 0.00% and above the Financial sector median of 0.00%.
Operating margin, annual
Annual
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 59.3% | 0.48 |
| FY2024 | 58.8% | 4.96 |
| FY2023 | 53.9% | 13.90 |
| FY2022 | 40.0% | 5.56 |
| FY2021 | 34.4% | (0.31) |
| FY2020 | 34.7% | (9.23) |
| FY2019 | 44.0% | 1.47 |
| FY2018 | 42.5% | 5.59 |
| FY2017 | 36.9% | 4.83 |
| FY2016 | 32.1% | 2.41 |
Quarterly
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 59.4% | 0.31 |
| Mar 2026 | 59.1% | (0.48) |
| Dec 2025 | 59.6% | (1.35) |
| Sep 2025 | 60.9% | 2.37 |
| 42 more quarters | Free account |
Against its own ten years
Low 29.7%
High 59.3%
Ten-year median
40.0%
Current reading's percentile
100
Operating margin against peers
| Company | Operating margin |
|---|---|
| IBKR Interactive Brokers Group, Inc. compare | 78.2% |
| NMR Nomura Holdings Inc ADR compare | 73.1% |
| MS Morgan Stanley | 59.7% |
| SCHW The Charles Schwab Corporation compare | 55.0% |
| HOOD Robinhood Markets, Inc. compare | 46.0% |
| TW Tradeweb Markets Inc. compare | 43.7% |
| GS The Goldman Sachs Group, Inc. compare | 39.7% |
| LPLA LPL Financial Holdings Inc. compare | 9.06% |
| CRCL Circle Internet Group, Inc. compare | 7.42% |
| Capital Markets industry median | 0.00% |
| Financial sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on MS
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- 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
- The full statement