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Saturday 17 October 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. 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%
Market cap
$286.0B
P/E
14.0×
Fwd P/E
17.9×
Dividend yield
2.30%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Morgan Stanley (MS) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Morgan Stanley (MS) trades at a P/E ratio of 14.0×. Over the past ten years it has ranged from 5.3× (March 2020) to 20.3× (June 2026); the current reading is higher than 62% of that period. That is in line with the Capital Markets industry median of 14.2× and above the Financial sector median of 12.4×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 17.2× 10.15%
FY2024 15.6× (13.18%)
FY2023 18.0× 30.32%
FY2022 13.8× 14.75%
FY2021 12.0× 14.45%
FY2020 10.5× 8.15%
FY2019 9.7× 17.65%
FY2018 8.3× (50.14%)
FY2017 16.6× 15.07%
FY2016 14.4× 33.98%

Quarterly newest first

Period P/E ratio Change
Sep 2026 14.6× (12.68%)
Jun 2026 16.7× 13.33%
Mar 2026 14.7× (14.35%)
Dec 2025 17.2× 6.60%
43 more quarters

Against its own ten years

Low 5.3× High 20.3×
Ten-year median 12.6×
Current reading's percentile 59

P/E ratio against peers

Company P/E ratio
NMR Nomura Holdings Inc ADR compare 9.4×
GS The Goldman Sachs Group, Inc. compare 12.4×
MS Morgan Stanley 14.0×
SCHW The Charles Schwab Corporation compare 15.5×
LPLA LPL Financial Holdings Inc. compare 25.5×
TW Tradeweb Markets Inc. compare 27.0×
IBKR Interactive Brokers Group, Inc. compare 32.7×
HOOD Robinhood Markets, Inc. compare 42.8×
CRCL Circle Internet Group, Inc. compare 43.0×
Capital Markets industry median 14.2×
Financial sector median 12.4×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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