Morgan Stanley's Revenue
- Morgan Stanley's annual revenue was $103.15 B in fiscal year 2024. The annual revenue increased $14.86 B from $88.29 B (in 2023) to $103.15 B (in 2024), representing a 16.83% year-over-year growth.
- Morgan Stanley's quarterly revenue was $27.91 B in the quarter ending Mar 2025. The quarterly revenue increased $2.56 B from $25.35 B (in Q1: Dec 2024) to $27.91 B (in Q1: Dec 2025), representing a 10.11% year-over-year growth.
- The highest annual revenue for Morgan Stanley was $103.15 B in fiscal year 2024.
- The lowest annual revenue was $36.01 B in fiscal year 2015.
- The average revenue was $57.42 B.
- Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
Over the past 10 years (2015 - 2024):
Learn more about Morgan Stanley's Revenue by Segment and Revenue by Region.
Check out competitors to Morgan Stanley in a side-by-side comparison.
Explore additional financial metrics for Morgan Stanley.
Definition of Revenue :
| 2014 | 36147000000.00 |
|---|---|
| 2015 | 36005000000.00 |
| 2016 | 36029000000.00 |
| 2017 | 41549000000.00 |
| 2018 | 47800000000.00 |
| 2019 | 51449000000.00 |
| 2020 | 49677000000.00 |
| 2021 | 57780000000.00 |
| 2022 | 62478000000.00 |
| 2023 | 88286000000.00 |
| 2024 | 103145000000.00 |
| Mar 2015 | 10332000000.00 |
|---|---|
| Jun 2015 | 9944000000.00 |
| Sep 2015 | 7971000000.00 |
| Dec 2015 | 7758000000.00 |
| Mar 2016 | 8175000000.00 |
| Jun 2016 | 9179000000.00 |
| Sep 2016 | 9149000000.00 |
| Dec 2016 | 9526000000.00 |
| Mar 2017 | 10430000000.00 |
| Jun 2017 | 10333000000.00 |
| Sep 2017 | 10232000000.00 |
| Dec 2017 | 10554000000.00 |
| Mar 2018 | 12335000000.00 |
| Jun 2018 | 12389000000.00 |
| Sep 2018 | 12004000000.00 |
| Dec 2018 | 11072000000.00 |
| Mar 2019 | 12969000000.00 |
| Jun 2019 | 13091000000.00 |
| Sep 2019 | 12527000000.00 |
| Dec 2019 | 12743000000.00 |
| Mar 2020 | 11186000000.00 |
| Jun 2020 | 13702000000.00 |
| Sep 2020 | 11594000000.00 |
| Dec 2020 | 13238000000.00 |
| Mar 2021 | 15218000000.00 |
| Jun 2021 | 14311000000.00 |
| Sep 2021 | 14216000000.00 |
| Dec 2021 | 14035000000.00 |
| Mar 2022 | 14353000000.00 |
| Jun 2022 | 13584000000.00 |
| Sep 2022 | 15730000000.00 |
| Dec 2022 | 18811000000.00 |
| Mar 2023 | 21270000000.00 |
| Jun 2023 | 21485000000.00 |
| Sep 2023 | 22567000000.00 |
| Dec 2023 | 24192000000.00 |
| Mar 2024 | 25349000000.00 |
| Jun 2024 | 25486000000.00 |
| Sep 2024 | 26328000000.00 |
| Dec 2024 | 25982000000.00 |
| Mar 2025 | 27912000000.00 |
2024
Morgan Stanley's annual revenue was $103.15 B in fiscal year 2024.
Morgan Stanley's quarterly revenue was $25.35 B(Q1: Mar 2024), $25.49 B(Q2: Jun 2024), $26.33 B(Q3: Sep 2024), $25.98 B(Q4: Dec 2024) in fiscal year 2024.
2023
Morgan Stanley's annual revenue was $88.29 B in fiscal year 2024.
Morgan Stanley's quarterly revenue was $21.27 B(Q1: Mar 2023), $21.49 B(Q2: Jun 2023), $22.57 B(Q3: Sep 2023), $24.19 B(Q4: Dec 2023) in fiscal year 2023.
2022
Morgan Stanley's annual revenue was $62.48 B in fiscal year 2024.
Morgan Stanley's quarterly revenue was $14.35 B(Q1: Mar 2022), $13.58 B(Q2: Jun 2022), $15.73 B(Q3: Sep 2022), $18.81 B(Q4: Dec 2022) in fiscal year 2022.
2021
Morgan Stanley's annual revenue was $57.78 B in fiscal year 2024.
Morgan Stanley's quarterly revenue was $15.22 B(Q1: Mar 2021), $14.31 B(Q2: Jun 2021), $14.22 B(Q3: Sep 2021), $14.04 B(Q4: Dec 2021) in fiscal year 2021.
2020
Morgan Stanley's annual revenue was $49.68 B in fiscal year 2024.
Morgan Stanley's quarterly revenue was $11.19 B(Q1: Mar 2020), $13.70 B(Q2: Jun 2020), $11.59 B(Q3: Sep 2020), $13.24 B(Q4: Dec 2020) in fiscal year 2020.
2019
Morgan Stanley's annual revenue was $51.45 B in fiscal year 2024.
Morgan Stanley's quarterly revenue was $12.97 B(Q1: Mar 2019), $13.09 B(Q2: Jun 2019), $12.53 B(Q3: Sep 2019), $12.74 B(Q4: Dec 2019) in fiscal year 2019.
2018
Morgan Stanley's annual revenue was $47.80 B in fiscal year 2024.
Morgan Stanley's quarterly revenue was $12.34 B(Q1: Mar 2018), $12.39 B(Q2: Jun 2018), $12.00 B(Q3: Sep 2018), $11.07 B(Q4: Dec 2018) in fiscal year 2018.
2017
Morgan Stanley's annual revenue was $41.55 B in fiscal year 2024.
Morgan Stanley's quarterly revenue was $10.43 B(Q1: Mar 2017), $10.33 B(Q2: Jun 2017), $10.23 B(Q3: Sep 2017), $10.55 B(Q4: Dec 2017) in fiscal year 2017.
2016
Morgan Stanley's annual revenue was $36.03 B in fiscal year 2024.
Morgan Stanley's quarterly revenue was $8.18 B(Q1: Mar 2016), $9.18 B(Q2: Jun 2016), $9.15 B(Q3: Sep 2016), $9.53 B(Q4: Dec 2016) in fiscal year 2016.
2015
Morgan Stanley's annual revenue was $36.01 B in fiscal year 2024.
Morgan Stanley's quarterly revenue was $10.33 B(Q1: Mar 2015), $9.94 B(Q2: Jun 2015), $7.97 B(Q3: Sep 2015), $7.76 B(Q4: Dec 2015) in fiscal year 2015.
| 2014 | 0 |
|---|---|
| 2015 | -0.39 |
| 2016 | +0.07 |
| 2017 | +15.32 |
| 2018 | +15.04 |
| 2019 | +7.63 |
| 2020 | -3.44 |
| 2021 | +16.31 |
| 2022 | +8.13 |
| 2023 | +41.31 |
| 2024 | +16.83 |
| Q1: Mar 15 | 7.76 |
|---|---|
| Q2: Jun 15 | 8.88 |
| Q3: Sep 15 | -14.26 |
| Q4: Dec 15 | -4.56 |
| Q1: Mar 16 | -20.88 |
| Q2: Jun 16 | -7.69 |
| Q3: Sep 16 | 14.78 |
| Q4: Dec 16 | 22.79 |
| Q1: Mar 17 | 27.58 |
| Q2: Jun 17 | 12.57 |
| Q3: Sep 17 | 11.84 |
| Q4: Dec 17 | 10.79 |
| Q1: Mar 18 | 18.26 |
| Q2: Jun 18 | 19.90 |
| Q3: Sep 18 | 17.32 |
| Q4: Dec 18 | 4.91 |
| Q1: Mar 19 | 5.14 |
| Q2: Jun 19 | 5.67 |
| Q3: Sep 19 | 4.36 |
| Q4: Dec 19 | 15.09 |
| Q1: Mar 20 | -13.75 |
| Q2: Jun 20 | 4.67 |
| Q3: Sep 20 | -7.45 |
| Q4: Dec 20 | 3.88 |
| Q1: Mar 21 | 36.05 |
| Q2: Jun 21 | 4.44 |
| Q3: Sep 21 | 22.62 |
| Q4: Dec 21 | 6.02 |
| Q1: Mar 22 | -5.68 |
| Q2: Jun 22 | -5.08 |
| Q3: Sep 22 | 10.65 |
| Q4: Dec 22 | 34.03 |
| Q1: Mar 23 | 48.19 |
| Q2: Jun 23 | 58.16 |
| Q3: Sep 23 | 43.46 |
| Q4: Dec 23 | 28.61 |
| Q1: Mar 24 | 19.18 |
| Q2: Jun 24 | 18.62 |
| Q3: Sep 24 | 16.67 |
| Q4: Dec 24 | 7.40 |
| Q1: Mar 25 | 10.11 |
2024
Morgan Stanley’s annual revenue increased +16.83% during fiscal year 2024 compared to 2023. It represents a growth of $14.86 B from $88.29 B (in 2023) to $103.15 B (in 2024).
2023
Morgan Stanley’s annual revenue increased +41.31% during fiscal year 2023 compared to 2022. It represents a growth of $25.81 B from $62.48 B (in 2022) to $88.29 B (in 2023).
2022
Morgan Stanley’s annual revenue increased +8.13% during fiscal year 2022 compared to 2021. It represents a growth of $4.70 B from $57.78 B (in 2021) to $62.48 B (in 2022).
2021
Morgan Stanley’s annual revenue increased +16.31% during fiscal year 2021 compared to 2020. It represents a growth of $8.10 B from $49.68 B (in 2020) to $57.78 B (in 2021).
2020
Morgan Stanley’s annual revenue decreased -3.44% during fiscal year 2020 compared to 2019. It represents a decline of -$1.77 B from $51.45 B (in 2019) to $49.68 B (in 2020).
2019
Morgan Stanley’s annual revenue increased +7.63% during fiscal year 2019 compared to 2018. It represents a growth of $3.65 B from $47.80 B (in 2018) to $51.45 B (in 2019).
2018
Morgan Stanley’s annual revenue increased +15.04% during fiscal year 2018 compared to 2017. It represents a growth of $6.25 B from $41.55 B (in 2017) to $47.80 B (in 2018).
2017
Morgan Stanley’s annual revenue increased +15.32% during fiscal year 2017 compared to 2016. It represents a growth of $5.52 B from $36.03 B (in 2016) to $41.55 B (in 2017).
2016
Morgan Stanley’s annual revenue increased +0.07% during fiscal year 2016 compared to 2015. It represents a growth of $24.00 M from $36.01 B (in 2015) to $36.03 B (in 2016).
2015
Morgan Stanley’s annual revenue decreased -0.39% during fiscal year 2015 compared to 2014. It represents a decline of -$142.00 M from $36.15 B (in 2014) to $36.01 B (in 2015).
Summary Table (Annual)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| 2024 | $103.15 B | +16.83% |
| 2023 | $88.29 B | +41.31% |
| 2022 | $62.48 B | +8.13% |
| 2021 | $57.78 B | +16.31% |
| 2020 | $49.68 B | -3.44% |
| 2019 | $51.45 B | +7.63% |
| 2018 | $47.80 B | +15.04% |
| 2017 | $41.55 B | +15.32% |
| 2016 | $36.03 B | +0.07% |
| 2015 | $36.01 B | -0.39% |
Summary Table (Quarterly)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| Q1: Mar 25 | $27.91 B | 10.11% |
| Q4: Dec 24 | $25.98 B | 7.40% |
| Q3: Sep 24 | $26.33 B | 16.67% |
| Q2: Jun 24 | $25.49 B | 18.62% |
| Q1: Mar 24 | $25.35 B | 19.18% |
| Q4: Dec 23 | $24.19 B | 28.61% |
| Q3: Sep 23 | $22.57 B | 43.46% |
| Q2: Jun 23 | $21.49 B | 58.16% |
| Q1: Mar 23 | $21.27 B | 48.19% |
| Q4: Dec 22 | $18.81 B | 34.03% |
| Q3: Sep 22 | $15.73 B | 10.65% |
| Q2: Jun 22 | $13.58 B | -5.08% |
| Q1: Mar 22 | $14.35 B | -5.68% |
| Q4: Dec 21 | $14.04 B | 6.02% |
| Q3: Sep 21 | $14.22 B | 22.62% |
| Q2: Jun 21 | $14.31 B | 4.44% |
| Q1: Mar 21 | $15.22 B | 36.05% |
| Q4: Dec 20 | $13.24 B | 3.88% |
| Q3: Sep 20 | $11.59 B | -7.45% |
| Q2: Jun 20 | $13.70 B | 4.67% |
| Q1: Mar 20 | $11.19 B | -13.75% |
| Q4: Dec 19 | $12.74 B | 15.09% |
| Q3: Sep 19 | $12.53 B | 4.36% |
| Q2: Jun 19 | $13.09 B | 5.67% |
| Q1: Mar 19 | $12.97 B | 5.14% |
| Q4: Dec 18 | $11.07 B | 4.91% |
| Q3: Sep 18 | $12.00 B | 17.32% |
| Q2: Jun 18 | $12.39 B | 19.90% |
| Q1: Mar 18 | $12.34 B | 18.26% |
| Q4: Dec 17 | $10.55 B | 10.79% |
| Q3: Sep 17 | $10.23 B | 11.84% |
| Q2: Jun 17 | $10.33 B | 12.57% |
| Q1: Mar 17 | $10.43 B | 27.58% |
| Q4: Dec 16 | $9.53 B | 22.79% |
| Q3: Sep 16 | $9.15 B | 14.78% |
| Q2: Jun 16 | $9.18 B | -7.69% |
| Q1: Mar 16 | $8.18 B | -20.88% |
| Q4: Dec 15 | $7.76 B | -4.56% |
| Q3: Sep 15 | $7.97 B | -14.26% |
| Q2: Jun 15 | $9.94 B | 8.88% |
| Q1: Mar 15 | $10.33 B | 7.76% |
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