
Morgan Stanley
NYSE:MS
128.68 (USD) • At close June 3, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue
| 103,145 | 88,286 | 62,478 | 57,780 | 49,677 | 51,449 | 47,800 | 41,549 | 36,029 | 36,005 | 36,147 | 35,213 | 30,540 | 37,477 | 35,768 | 28,286 | 53,925 | 82,268 | 69,391 | 46,259 | 38,409 | 34,933 | 32,415 | 43,874 | 45,106 | 34,587 | 31,131 | 27,132 | 9,028.6 | 7,934.4 | 6,602.6 | 5,821.6 | 5,849.6 | 5,190 | 4,783 | 4,702.6 | -1,904.7 | 0 | -1,035.1 | -900.2 |
Cost of Revenue
| 45,788 | 38,151 | 12,548 | 1,370 | 4,610 | 12,565 | 10,086 | 5,697 | 3,318 | 2,742 | 3,678 | 4,431 | 5,897 | 6,883 | 6,407 | 6,687 | 36,263 | 57,283 | 41,653 | 24,430 | 15,633 | 14,076 | 13,306 | 21,831 | 18,986 | 13,041 | 14,687 | 12,299 | 2,798.5 | 2,258.5 | 1,596.9 | 1,272.9 | 4,362.4 | 3,924.5 | 3,711 | 3,378.4 | 0 | 0 | 0 | 0 |
Gross Profit
| 57,357 | 50,135 | 49,930 | 56,410 | 45,067 | 38,884 | 37,714 | 35,852 | 32,711 | 33,263 | 32,469 | 30,782 | 24,643 | 30,594 | 29,361 | 21,599 | 17,662 | 24,985 | 27,738 | 21,829 | 22,776 | 20,857 | 19,109 | 22,043 | 26,120 | 21,546 | 16,444 | 14,833 | 6,230.1 | 5,675.9 | 5,005.7 | 4,548.7 | 1,487.2 | 1,265.5 | 1,072 | 1,324.2 | -1,904.7 | 0 | -1,035.1 | -900.2 |
Gross Profit Ratio
| 0.556 | 0.568 | 0.799 | 0.976 | 0.907 | 0.756 | 0.789 | 0.863 | 0.908 | 0.924 | 0.898 | 0.874 | 0.807 | 0.816 | 0.821 | 0.764 | 0.328 | 0.304 | 0.4 | 0.472 | 0.593 | 0.597 | 0.59 | 0.502 | 0.579 | 0.623 | 0.528 | 0.547 | 0.69 | 0.715 | 0.758 | 0.781 | 0.254 | 0.244 | 0.224 | 0.282 | 1 | 0 | 1 | 1 |
Reseach & Development Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
General & Administrative Expenses
| 26,178 | 24,205 | 23,053 | 24,628 | 20,703 | 18,665 | 17,632 | 17,166 | 15,878 | 16,016 | 17,824 | 16,277 | 15,615 | 16,325 | 15,866 | 14,331 | 11,851 | 16,122 | 13,986 | 10,749 | 9,853 | 8,545 | 7,933 | 9,372 | 10,896 | 8,398 | 6,636 | 6,019 | 2,208.2 | 1,981.6 | 1,764.2 | 1,703.9 | 1,456.8 | 1,396 | 1,057 | 1,137.6 | 0 | 0 | 0 | 0 |
Selling & Marketing Expenses
| 965 | 898 | 905 | 643 | 434 | 660 | 691 | 609 | 587 | 681 | 658 | 638 | 601 | 594 | 571 | 500 | 714 | 752 | 643 | 576 | 1,123 | 967 | 1,133 | 1,277 | 1,582 | 1,221 | 1,411 | 1,179 | 856.8 | 735.1 | 607.2 | 470.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
SG&A
| 27,143 | 25,103 | 23,958 | 25,271 | 21,137 | 19,325 | 18,323 | 17,775 | 16,465 | 16,697 | 18,482 | 16,915 | 16,216 | 16,919 | 16,437 | 14,831 | 12,565 | 16,874 | 14,629 | 11,325 | 10,976 | 9,512 | 9,066 | 10,649 | 12,478 | 9,619 | 8,047 | 7,198 | 3,065 | 2,716.7 | 2,371.4 | 2,174.3 | 1,456.8 | 1,396 | 1,057 | 1,137.6 | 0 | 0 | 0 | 0 |
Other Expenses
| 12,618 | 13,219 | 11,883 | 11,471 | 9,512 | 8,258 | 8,154 | 7,674 | 7,398 | 8,071 | 10,396 | 9,309 | 7,831 | 7,565 | 6,726 | 5,638 | 3,843 | 5,335 | 4,045 | 4,188 | 4,982 | 6,011 | 5,410 | 5,710 | 5,116 | 4,199 | 3,012 | 3,361 | 1,620 | 1,563.3 | 1,419.7 | 1,378.2 | -763.1 | -903 | -455.2 | -551.7 | -1,904.7 | 364.2 | -1,035.1 | -900.2 |
Operating Expenses
| 39,761 | 38,322 | 35,841 | 36,742 | 30,649 | 27,583 | 26,477 | 25,449 | 23,863 | 24,768 | 28,878 | 26,224 | 24,047 | 24,484 | 23,163 | 20,469 | 16,408 | 22,209 | 18,674 | 15,513 | 15,958 | 15,523 | 14,476 | 16,359 | 17,594 | 13,818 | 11,059 | 10,559 | 4,685 | 4,280 | 3,791.1 | 3,552.5 | 693.7 | 493 | 601.8 | 585.9 | -1,904.7 | 364.2 | -1,035.1 | -900.2 |
Operating Income
| 17,596 | 11,813 | 14,089 | 19,668 | 14,418 | 11,301 | 11,237 | 10,403 | 8,848 | 8,495 | 3,591 | 4,558 | 596 | 6,110 | 6,198 | 1,130 | 1,254 | 2,776 | 9,064 | 6,316 | 6,818 | 5,334 | 4,633 | 5,684 | 8,526 | 7,728 | 5,385 | 4,274 | 1,545.1 | 1,395.9 | 1,214.6 | 996.2 | 793.5 | 772.5 | 470.2 | 738.3 | 0 | -364.2 | 0 | 0 |
Operating Income Ratio
| 0.171 | 0.134 | 0.226 | 0.34 | 0.29 | 0.22 | 0.235 | 0.25 | 0.246 | 0.236 | 0.099 | 0.129 | 0.02 | 0.163 | 0.173 | 0.04 | 0.023 | 0.034 | 0.131 | 0.137 | 0.178 | 0.153 | 0.143 | 0.13 | 0.189 | 0.223 | 0.173 | 0.158 | 0.171 | 0.176 | 0.184 | 0.171 | 0.136 | 0.149 | 0.098 | 0.157 | 0 | 0 | 0 | 0 |
Total Other Income Expenses Net
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 636.5 | 728.4 | 322.6 | 183.3 |
Income Before Tax
| 17,596 | 11,813 | 14,089 | 19,668 | 14,418 | 11,301 | 11,237 | 10,403 | 8,848 | 8,495 | 3,591 | 4,558 | 596 | 6,110 | 6,198 | 1,130 | 1,254 | 2,776 | 9,064 | 6,316 | 6,818 | 5,334 | 4,633 | 5,684 | 8,526 | 7,728 | 5,385 | 4,274 | 1,545.1 | 1,395.9 | 1,214.6 | 996.2 | 793.5 | 772.5 | 470.2 | 738.3 | 636.5 | 364.2 | 322.6 | 183.3 |
Income Before Tax Ratio
| 0.171 | 0.134 | 0.226 | 0.34 | 0.29 | 0.22 | 0.235 | 0.25 | 0.246 | 0.236 | 0.099 | 0.129 | 0.02 | 0.163 | 0.173 | 0.04 | 0.023 | 0.034 | 0.131 | 0.137 | 0.178 | 0.153 | 0.143 | 0.13 | 0.189 | 0.223 | 0.173 | 0.158 | 0.171 | 0.176 | 0.184 | 0.171 | 0.136 | 0.149 | 0.098 | 0.157 | -0.334 | 0 | -0.312 | -0.204 |
Income Tax Expense
| 4,067 | 2,583 | 2,910 | 4,548 | 3,239 | 2,064 | 2,350 | 4,168 | 2,726 | 2,200 | -90 | 902 | -161 | 1,414 | 743 | -297 | 16 | 576 | 2,729 | 1,473 | 1,856 | 1,547 | 1,645 | 2,074 | 3,070 | 2,937 | 1,992 | 1,688 | 593.7 | 539.5 | 473.7 | 392.6 | 283 | 297.4 | 199.8 | 295.3 | 241.9 | 133.3 | 121.3 | 77.4 |
Net Income
| 13,390 | 9,087 | 11,029 | 15,034 | 10,996 | 9,042 | 8,748 | 6,111 | 5,979 | 6,127 | 3,467 | 2,932 | 68 | 4,110 | 4,703 | 1,346 | 1,707 | 3,209 | 7,472 | 4,939 | 4,486 | 3,787 | 2,988 | 3,521 | 5,456 | 4,791 | 3,276 | 2,586 | 951.4 | 856.4 | 740.9 | 603.6 | 510.5 | 475.1 | 270.4 | 443 | 394.6 | 230.9 | 201.3 | 105.9 |
Net Income Ratio
| 0.13 | 0.103 | 0.177 | 0.26 | 0.221 | 0.176 | 0.183 | 0.147 | 0.166 | 0.17 | 0.096 | 0.083 | 0.002 | 0.11 | 0.131 | 0.048 | 0.032 | 0.039 | 0.108 | 0.107 | 0.117 | 0.108 | 0.092 | 0.08 | 0.121 | 0.139 | 0.105 | 0.095 | 0.105 | 0.108 | 0.112 | 0.104 | 0.087 | 0.092 | 0.057 | 0.094 | -0.207 | 0 | -0.194 | -0.118 |
EPS
| 8.04 | 5.24 | 6.23 | 8.16 | 6.55 | 5.26 | 4.82 | 3.15 | 2.98 | 2.98 | 1.65 | 1.42 | 0.006 | 1.25 | 2.64 | -0.77 | 1.45 | 2.97 | 7.38 | 4.7 | 4.15 | 3.52 | 2.76 | 3.21 | 4.95 | 4.33 | 2.8 | 2.13 | 1.4 | 1.15 | 0.98 | 1.12 | 2.95 | 2.97 | 1.69 | 2.81 | 2.57 | 1.5 | 1.41 | 0.89 |
EPS Diluted
| 7.95 | 5.18 | 6.15 | 8.03 | 6.46 | 5.19 | 4.73 | 3.08 | 2.92 | 2.91 | 1.61 | 1.38 | 0.001 | 1.23 | 2.63 | -0.77 | 1.39 | 2.9 | 7.07 | 4.57 | 4.06 | 3.45 | 2.69 | 3.11 | 4.73 | 4.1 | 2.67 | 2.08 | 1.39 | 1.13 | 0.97 | 1.1 | 2.86 | 2.81 | 1.69 | 2.81 | 2.57 | 1.5 | 1.41 | 0.89 |
EBITDA
| 22,757 | 16,069 | 18,087 | 23,884 | 18,187 | 13,944 | 13,081 | 12,156 | 10,584 | 9,928 | 4,752 | 6,069 | 2,177 | 7,514 | 7,617 | 2,354 | 2,048 | 3,251 | 9,940 | 7,131 | 7,623 | 5,971 | 5,420 | 6,413 | 9,253 | 8,269 | 5,960 | 4,612 | 1,628.4 | 1,465.9 | 1,273.4 | 1,047.5 | 793.5 | 772.5 | 470.2 | 738.3 | 0 | 364.2 | 0 | 0 |
EBITDA Ratio
| 0.221 | 0.182 | 0.289 | 0.413 | 0.366 | 0.271 | 0.274 | 0.293 | 0.294 | 0.276 | 0.131 | 0.172 | 0.071 | 0.2 | 0.213 | 0.083 | 0.038 | 0.04 | 0.143 | 0.154 | 0.198 | 0.171 | 0.167 | 0.146 | 0.205 | 0.239 | 0.191 | 0.17 | 0.18 | 0.185 | 0.193 | 0.18 | 0.136 | 0.149 | 0.098 | 0.157 | 0 | 0 | 0 | 0 |