Morgan Stanley

MS · NYSE · USD

$190.31+1.22%+$2.30

Close · October 2, 2026

At a glance

Revenue growth
+14.31%
2025 vs 2024
Net income growth
+25.92%
2025 vs 2024
Net margin
24.0%
2024: 21.8%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets1,675,0571,581,4181,420,2701,364,8061,353,8701,300,2961,215,0711,258,0271,212,4471,228,5031,193,6931,169,013
Current assets1,468,5471,369,7031,204,9361,148,9611,137,6591,091,3121,004,0051,045,4001,005,7871,024,382——
Cash and equivalents160,135133,529111,695103,734109,13090,739105,38691,08490,160102,30589,232108,401
Short-term investments310,874283,450272,151240,847246,714259,274242,424269,764241,619255,585231,831222,485
Receivables438,136405,425381,902367,322342,555323,122310,078307,209300,044283,909——
Net property, plant and equipment——4,164———4,114———4,368—
Goodwill17,10517,10516,72616,72516,73416,71416,70616,73516,71916,72216,70716,699
Other intangible assets5,8735,9606,0106,0976,1856,3056,4536,6206,7636,9147,0557,204
Long-term investments155,332162,538165,610165,574165,663160,266161,548162,886157,374154,544——
Current liabilities734,462698,376587,047507,119532,799526,522441,779481,879486,075520,705——
Accounts payable273,801254,670221,856222,050211,185197,941172,000211,118200,560214,370203,788195,761
Long-term debt376,616352,136320,627326,336315,695287,414264,409289,755268,861259,139242,206246,174
Total debt412,975385,676363,760332,196343,665319,264303,840295,509276,554272,327——
Total liabilities1,557,6171,466,0341,307,6181,253,7551,244,6001,192,4491,109,6431,153,3561,110,8411,128,3631,093,7111,068,855
Total equity (incl. minority)117,440115,384112,652111,051109,270107,847105,428104,671101,606100,14099,982100,158
Retained earnings122,774118,913115,091112,426109,567107,653104,989102,911101,37499,81197,99698,007
Minority interest1,1111,0981,0201,0891,0861,0359171,024892942944947