As of June 30, 2026, Morgan Stanley carries a market capitalization of 271.42B, placing it among publicly traded companies globally. Its enterprise value stands at 493.12B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 271.42B |
| Enterprise Value | 493.12B |
Morgan Stanley's next confirmed earnings release is scheduled for January 14, 2027.
| Earnings Date | 1/14/2027 |
As of June 30, 2026, Morgan Stanley has 1.57B shares outstanding.
| Shares Outstanding | 1.57B |
As of June 30, 2026, Morgan Stanley trades at a trailing price-to-earnings ratio of 17.09. The price-to-sales ratio is 4.57, and the price-to-book ratio stands at 3.15.
| PE Ratio | 17.09 |
| PS Ratio | 4.57 |
| PB Ratio | 3.15 |
| P/TBV Ratio | 4.02 |
| P/FCF Ratio | -21.67 |
| P/OCF Ratio | -21.43 |
These figures are as of June 30, 2026. The EV/Sales ratio of 8.36 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 493.12B versus a market cap of 271.42B, with the gap driven by net debt and cash on the balance sheet.
| EV / Sales | 8.36 |
These figures are as of June 30, 2026.
| Debt / Equity | 359.65 |
Over the twelve months ended June 30, 2026, Morgan Stanley posted a return on equity (ROE) of 19.07, showing how much profit the company earns on every dollar of shareholder capital. Return on assets (ROA) stands at 1.33, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 3.98, useful for judging operating efficiency across full business cycles. The company generates approximately 717,500.36 in revenue per employee across its workforce of 82,250.00, a quick read on workforce productivity versus industry peers.
| Return on Equity (ROE) | 19.07 |
| Return on Assets (ROA) | 1.33 |
| Return on Capital Employed (ROCE) | 3.98 |
| Revenue Per Employee | 717,500.36 |
| Employee Count | 82,250.00 |
Over the twelve months ended June 30, 2026, Morgan Stanley recorded 4.67B in income tax expense. That works out to an effective tax rate of 22.09, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 21.12B, leaving 16.28B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.
| Income Tax | 4.67B |
| Effective Tax Rate | 22.09 |
As of the close on October 20, 2026, Morgan Stanley's stock has gained approximately 16.53% over the past 52 weeks. The 50-day moving average sits at 160.49, while the 200-day moving average is 120.96.
| 52-Week Price Change | 16.53% |
| 50-Day Moving Average | 160.49 |
| 200-Day Moving Average | 120.96 |
Over the twelve months ended June 30, 2026, Morgan Stanley generated 59.01B in revenue and converted that into 16.28B in net income, yielding earnings per share of 10.41.
| Revenue | 59.01B |
| Pretax Income | 21.12B |
| Net Income | 16.28B |
| Earnings Per Share (EPS) | 10.41 |
As of June 30, 2026, Morgan Stanley holds 128.28B in cash and equivalents against 341.21B in total debt, resulting in a net debt position of 241.81B.
| Cash & Cash Equivalents | 128.28B |
| Total Debt | 341.21B |
| Net Debt | 241.81B |
| Equity (Book Value) | 86.10B |
| Book Value Per Share | 54.77 |
Morgan Stanley produced -12.59B in operating cash flow over the twelve months ended June 30, 2026.
| Operating Cash Flow | -12.59B |
| Free Cash Flow | -12.59B |
| FCF Per Share | -8.06 |
These figures cover the twelve months ended June 30, 2026.
| Pretax Margin | 35.79 |
| Profit Margin | 27.59 |
Over the twelve months ended June 30, 2026, Morgan Stanley paid dividends of 3.50 per share. The dividend payout ratio of 30.89 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield is negative at -4.61: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -31.72, meaning Morgan Stanley raised more capital through share issuance and new debt than it returned via dividends and buybacks.
| Dividend Per Share | 3.50 |
| Payout Ratio | 30.89 |
| Shareholder Yield | -31.72 |
| FCF Yield | -4.61 |
Morgan Stanley's most recent stock split took place on January 27, 2000 with a 1:2 split ratio.
| Last Split Date | 1/27/2000 |
| Split Ratio | 1:2 |