Morgan Stanley's Income Statement Analysis: Revenue to Profit Breakdown
Morgan Stanley's Income Statement Analysis: Revenue to Profit Breakdown
|
|
Chart |
FY21
Dec 31, 2021
|
FY22
Dec 31, 2022
|
FY23
Dec 31, 2023
|
FY24
Dec 31, 2024
|
FY25
Dec 31, 2025
|
TTM
Trailing 12M
|
|---|---|---|---|---|---|---|---|
|
Revenue
Total sales generated. |
|
$57.78 B | $62.48 B | $88.29 B | $103.15 B | $116.11 B | $120.22 B |
|
Cost of Revenue Direct cost of goods/services. |
|
$1.37 B | $12.55 B | $38.15 B | $45.79 B | $49.37 B | $50.50 B |
Gross Profit Revenue minus cost of revenue. |
|
$56.41 B | $49.93 B | $50.14 B | $57.36 B | $66.75 B | $69.72 B |
|
Operating Expense
Costs to run business. |
|
$36.74 B | $35.84 B | $38.32 B | $39.76 B | $44.79 B | $46.30 B |
Research and Development Investment in innovation. |
|
- | - | - | - | - | - |
|
Sales, General and Administrative
Selling and admin costs. |
|
$25.27 B | $23.96 B | $25.10 B | $27.14 B | $23.18 B | $34.57 B |
General and Administrative Corporate overhead costs. |
|
$24.63 B | $23.05 B | $24.21 B | $26.18 B | $22.01 B | $33.32 B |
Sales and Marketing Customer acquisition costs. |
|
$643.00 M | $905.00 M | $898.00 M | $965.00 M | $1.17 B | $1.25 B |
Other Expenses Other operating costs. |
|
$11.47 B | $11.88 B | $13.22 B | $12.62 B | $21.61 B | $11.73 B |
Operating Income Profit from operations. |
|
$19.67 B | $14.09 B | $11.81 B | $17.60 B | $21.95 B | $23.42 B |
|
Net Interest Income
Interest income minus expense. |
|
$8.05 B | $9.33 B | $8.23 B | $8.61 B | $10.05 B | $10.40 B |
Interest Income Income from investments. |
|
$9.41 B | $21.60 B | $45.85 B | $54.14 B | $59.06 B | $60.59 B |
Interest Expense Cost of borrowing. |
|
$1.37 B | $12.27 B | $37.62 B | $45.52 B | $49.02 B | $50.19 B |
Non-Operating Income (ex-Int) Income outside core operations. |
|
- | - | - | - | - | - |
Total Other Income (Net) Net non-operating items. |
|
- | - | - | - | - | - |
Income Before Tax Profit before taxes. |
|
$19.67 B | $14.09 B | $11.81 B | $17.60 B | $21.95 B | $23.42 B |
Income Tax Expense Taxes on income. |
|
$4.55 B | $2.91 B | $2.58 B | $4.07 B | $4.93 B | $5.13 B |
|
Net Income
Final profit. |
|
$15.03 B | $11.03 B | $9.09 B | $13.39 B | $16.86 B | $18.18 B |
Net Income From Continuing Operations Profit from core business. |
|
$15.12 B | $11.18 B | $9.23 B | $13.53 B | $17.03 B | $18.29 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
|
- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
|
- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
|
- | - | - | - | - | $383.00 M |
|
Earnings Per Share
Company profit allocated to each outstanding share. |
|||||||
EPS Earnings per share. Formula: Net Income ÷ Shares |
|
$8.16 | $6.23 | $5.24 | $8.04 | $10.34 | $11.13 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
|
$8.03 | $6.15 | $5.18 | $7.95 | $10.20 | $11.00 |
|
Shares for EPS
Number of shares used to calculate EPS. |
|||||||
Weighted Average Shares Outst. Avg shares used for EPS. |
|
1.79 B | 1.69 B | 1.63 B | 1.59 B | 1.57 B | 1.57 B |
Diluted Average Shares Outst. Shares including dilution. |
|
1.81 B | 1.71 B | 1.65 B | 1.61 B | 1.59 B | 1.59 B |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
|
$19.67 B | $14.09 B | $11.81 B | $17.60 B | $21.95 B | $23.42 B |
EBITDA Earnings before interest, tax, D&A. |
|
$23.88 B | $18.09 B | $16.07 B | $22.76 B | $26.56 B | $27.21 B |
Depreciation and Amortization Non-cash expense for assets. |
|
$4.22 B | $4.00 B | $4.26 B | $5.16 B | $4.61 B | $3.79 B |
| Company Report |
Morgan Stanley's Assets vs Liabilities & Equity
| Loading balance sheet when needed... |
| Loading cash flow statement when needed... |
| Loading profitability metrics when needed... |




