Morgan Stanley MS
- Market cap
- $309.4B
- P/E
- 15.7×
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Morgan Stanley (MS) Return on equity
Morgan Stanley's return on equity over the twelve months to 30 June 2026 was 18.9%, up 2.5 percentage points from fiscal 2025 (16.4%). Over the past ten years it has ranged from 7.96% (fiscal 2016) to 16.4% (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 9.01%.
Return on equity, annual
Annual
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 16.4% | 2.67 |
| FY2024 | 13.7% | 4.41 |
| FY2023 | 9.29% | (1.73) |
| FY2022 | 11.0% | (4.09) |
| FY2021 | 15.1% | 2.62 |
| FY2020 | 12.5% | 0.91 |
| FY2019 | 11.6% | 0.07 |
| FY2018 | 11.5% | 3.50 |
| FY2017 | 8.01% | 0.05 |
| FY2016 | 7.96% | (0.46) |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| HOOD Robinhood Markets, Inc. compare | 23.5% |
| SCHW The Charles Schwab Corporation compare | 22.5% |
| MS Morgan Stanley | 18.9% |
| LPLA LPL Financial Holdings Inc. compare | 18.6% |
| GS The Goldman Sachs Group, Inc. compare | 18.3% |
| CRCL Circle Internet Group, Inc. compare | 15.4% |
| TW Tradeweb Markets Inc. compare | 12.8% |
| NMR Nomura Holdings Inc ADR compare | 11.8% |
| IBKR Interactive Brokers Group, Inc. compare | 5.52% |
| Capital Markets industry median | 0.00% |
| Financial sector median | 9.01% |
| Market median | 1.76% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on MS
- Revenue
- Net income
- 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
- EV/EBITDA
- EV/Sales
- 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