MS logo Morgan Stanley +
Ticker
MS
GS
Headquarter
New York ,NY
US
New York ,NY
US
CEO
Mr. Edward N. Pick
Mr. David Solomon
Industry
Financial - Capital Markets
Financial - Capital Markets
Stock Price
Stock Price
Market Cap
$186.16 B
$170.17 B
Employees
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Employees
  • 82.00 K
  • 80.00 K
  • 80.00 K
  • 48.50 K
  • 45.30 K
  • 46.50 K
Y/Y
9.33%
2.44%
0%
10.48%
6.6%
2.65%
Revenue Per Employee
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue Per Employee
  • $651.07 K
  • $670.14 K
  • $768.71 K
  • $976.60 K
  • $1.02 M
  • $1.15 M
Y/Y
18.28%
2.93%
14.71%
27.75%
4.55%
12.71%
Net Income Per Employee
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Per Employee
  • $134.50 K
  • $113.59 K
  • $167.38 K
  • $232.19 K
  • $187.99 K
  • $307.01 K
Y/Y
32.9%
15.55%
47.35%
52.89%
19.03%
63.31%

Income Statement

Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue
  • $53.39 B
  • $53.61 B
  • $61.50 B
  • $47.37 B
  • $46.25 B
  • $53.51 B
Y/Y
10.65%
0.42%
14.71%
20.18%
2.35%
15.69%
Revenue by Products / Services
Revenue by Geography
Research and Development
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Research and Development
  • -
  • -
  • -
  • -
  • -
  • -
Y/Y
0%
0%
0%
0%
0%
0%
Operating Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income
  • $24.63 B
  • $23.56 B
  • $29.55 B
  • $13.49 B
  • $10.74 B
  • $18.40 B
Y/Y
17.41%
4.37%
25.44%
50.13%
20.37%
71.31%
Tax Rate (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Tax Rate (%)
  • 21.00%
  • 22.00%
  • 23.00%
  • 17.00%
  • 21.00%
  • 22.00%
Y/Y
10.68%
5.91%
5.67%
17.5%
25.45%
8.21%
Net Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income
  • $11.03 B
  • $9.09 B
  • $13.39 B
  • $11.26 B
  • $8.52 B
  • $14.28 B
Y/Y
26.64%
17.61%
47.35%
47.95%
24.38%
67.64%

Assets & Liabilities | Cash Flow

Total Assets
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Assets
  • $1.18 T
  • $1.19 T
  • $1.22 T
  • $1.44 T
  • $1.64 T
  • $1.68 T
Y/Y
0.67%
1.14%
1.79%
1.44%
13.84%
2.09%
Total Liabilities
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Liabilities
  • $1.08 T
  • $1.09 T
  • $1.11 T
  • $1.33 T
  • $1.52 T
  • $1.55 T
Y/Y
0.24%
1.36%
1.46%
2.07%
15.04%
1.95%
Capital Expenditures (Capex)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Capital Expenditures (Capex)
  • -$3.08 B
  • -$3.41 B
  • -$3.46 B
  • -$3.75 B
  • -$2.32 B
  • -$2.09 B
Y/Y
33.36%
10.85%
1.47%
19.69%
38.21%
9.72%

Profitability

Operating Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income Margin (%)
  • 46.14%
  • 43.94%
  • 48.05%
  • 28.47%
  • 23.22%
  • 34.38%
Y/Y
7.55%
4.77%
9.35%
37.54%
18.44%
48.06%
Net Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Margin (%)
  • 20.66%
  • 16.95%
  • 21.77%
  • 23.77%
  • 18.41%
  • 26.68%
Y/Y
17.89%
17.96%
28.44%
34.81%
22.55%
44.92%
EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
EBITDA
  • $24.63 B
  • $23.56 B
  • $17.60 B
  • $15.94 B
  • $15.60 B
  • $20.79 B
Y/Y
17.41%
4.37%
25.3%
45.14%
2.17%
33.31%
Free Cash Flow (FCF)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Free Cash Flow (FCF)
  • -$9.48 B
  • -$36.95 B
  • -$2.10 B
  • $4.96 B
  • -$14.90 B
  • -$15.30 B
Y/Y
129.92%
289.95%
94.32%
232.41%
400.46%
2.68%

Ratios

Return on Equity (ROE)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Equity (ROE)
  • 11.01%
  • 9.18%
  • 12.81%
  • 9.62%
  • 7.28%
  • 11.70%
Y/Y
22.79%
16.62%
39.54%
51.09%
24.32%
60.71%
Return on Assets (ROA)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Assets (ROA)
  • 0.93%
  • 0.76%
  • 1.10%
  • 0.78%
  • 0.52%
  • 0.85%
Y/Y
26.77%
18.28%
44.74%
47.3%
33.33%
63.46%
Debt to Equity
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Debt to Equity
  • 308.32%
  • 342.33%
  • 344.93%
  • 263.25%
  • 285.06%
  • 280.79%
Y/Y
6.46%
11.03%
0.76%
3.8%
8.28%
1.5%

Valuation

Enterprise Value
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value
  • $359.77 B
  • $432.19 B
  • $484.77 B
  • -$-38.04 B
  • $223.14 B
  • $348.34 B
Y/Y
8.63%
20.13%
12.17%
121.85%
686.63%
56.11%
Enterprise value to Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to Revenue
  • 6.74
  • 8.06
  • 7.88
  • -0.80
  • 4.82
  • 6.51
Y/Y
2.26%
19.63%
2.22%
127.37%
700.71%
34.93%
Enterprise value to EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to EBITDA
  • 14.61
  • 18.35
  • 27.55
  • -2.39
  • 14.31
  • 16.76
Y/Y
10.63%
25.62%
50.15%
139.83%
699.64%
17.11%