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
Market Cap
$204.57 B
$186.69 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%

Income Statement

Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue
  • $62.48 B
  • $88.29 B
  • $103.15 B
  • $68.71 B
  • $108.42 B
  • $126.85 B
Y/Y
8.13%
41.31%
16.83%
5.73%
57.79%
17%
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
  • $14.09 B
  • $11.81 B
  • $17.60 B
  • $13.49 B
  • $10.74 B
  • $18.40 B
Y/Y
28.37%
16.15%
48.95%
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%
Revenue Per Employee
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue Per Employee
  • $761.93 K
  • $1.10 M
  • $1.29 M
  • $1.42 M
  • $2.39 M
  • $2.73 M
Y/Y
1.1%
44.84%
16.83%
4.3%
68.93%
13.98%
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%

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%
1.52%
13.86%
2.09%
Total Liabilities
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Liabilities
  • $1.08 T
  • $1.09 T
  • $1.11 T
  • $1.32 T
  • $1.52 T
  • $1.55 T
Y/Y
0.24%
1.36%
1.46%
2.18%
15.1%
1.92%
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 (%)
  • 22.55%
  • 13.38%
  • 17.06%
  • 19.63%
  • 9.91%
  • 14.50%
Y/Y
33.75%
40.67%
27.5%
52.82%
49.52%
46.32%
Net Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Margin (%)
  • 17.65%
  • 10.29%
  • 12.98%
  • 16.39%
  • 7.85%
  • 11.25%
Y/Y
32.17%
41.7%
26.14%
50.77%
52.1%
43.31%
EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
EBITDA
  • $18.09 B
  • $16.07 B
  • $22.76 B
  • $15.94 B
  • $15.60 B
  • $20.79 B
Y/Y
24.27%
11.16%
41.62%
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%
  • 9.61%
  • 7.28%
  • 11.70%
Y/Y
22.79%
16.62%
39.54%
51.17%
24.25%
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%
  • 370.81%
  • 498.81%
  • 505.70%
Y/Y
6.46%
11.03%
0.76%
16.43%
34.52%
1.38%

Valuation

Enterprise Value
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value
  • $359.77 B
  • $432.19 B
  • $484.77 B
  • $313.63 B
  • $473.03 B
  • $622.72 B
Y/Y
8.63%
20.13%
12.17%
13.08%
50.83%
31.65%
Enterprise value to Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to Revenue
  • 5.76
  • 4.90
  • 4.70
  • 4.56
  • 4.36
  • 4.91
Y/Y
15.5%
14.99%
3.99%
17.79%
4.41%
12.51%
Enterprise value to EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to EBITDA
  • 19.89
  • 26.90
  • 21.30
  • 19.67
  • 30.33
  • 29.95
Y/Y
20.66%
35.21%
20.8%
58.45%
54.17%
1.25%