Morgan Stanley Dossier
Financial Snapshot
Revenue, profitability, returns, debt, and capital allocation
Revenue $78.9BTTM through 30 Jun 2026
Net Income $20.2B+50.5% YoYTTM through 30 Jun 2026
Free Cash Flow -$15.6BTTM through 30 Jun 2026
Margins
| Current |
|---|
Returns
17.3%ROE
1.2%ROA
5.9%ROIC
Balance Sheet Health
Debt / Equity3.29x
Net Debt$223B
Cash & Equivalents$160.1B
Quality Metrics
Piotroski F-Score4 / 9
FCF Margin-19.8%
Rule of 40-15.0
Earnings-Beat Rate100.0%
Multi-Year Trend
RevenueFY2014: $34.3B
Diluted EPS$12.38TTMFY2025: $10.21
Dividend
$2.00Per share, FY20261.00%Yield-1.0%5-yr growth
Segment Performance
Figures as of 31 Dec 2025
| Segment | Revenue | YoY | Outlook |
|---|---|---|---|
| Institutional Securities | $33.1B | +18.0% | |
| Wealth Management | $31.8B | +12.0% | |
| Investment Management | $6.5B | +11.0% |
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