MS vs SNEX vs WFC Stock Comparison

Morgan Stanley, StoneX and Wells Fargo & Company Prices as of Oct 23, 2026 Peers: Industry group
1 more company in this comparison (HSBC) Create a free account to keep reading and compare up to 10 companies.
MS Morgan Stanley
$179.49 -9.5% 1M +12.7% 1Y
Market cap
$285.21B
P/E
14.6x
Revenue (TTM)
$78.04B
Div. yield
–
Money Center Banks Financial Services
3 wins
SNEX StoneX Group Inc.
$56.55 -16.6% 1M -15.0% 1Y
Market cap
$6.46B
P/E
12.3x
Revenue (TTM)
$157.71B
Div. yield
–
Institutional Trading Financial Services
3 wins
WFC Wells Fargo & Company/Mn
$82.38 +0.5% 1M -2.5% 1Y
Market cap
$251.40B
P/E
11.6x
Revenue (TTM)
$86.80B
Div. yield
0.02%
Money Center Banks Financial Services
5 wins

Head to Head

11 decided of 12

Wells Fargo & Company leads on 5 of the 12 questions below (Wells Fargo & Company 5, Morgan Stanley 3, StoneX 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMSSNEXWFCLeader
Larger companyMarket capitalisation $285.21B $6.46B $251.40B MS
Cheaper on earningsLower P/E, profitable companies only 14.6x 12.3x 11.6x WFC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.2x 12.4x 10.5x WFC
Faster revenue growthRevenue growth, trailing twelve months +18.0% +20.6% +6.2% SNEX
More profitableNet margin, trailing twelve months 25.0% 0.3% 24.9% MS
Better return on capitalReturn on invested capital 12.0% 6.6% 14.8% WFC
Less leveragedLower net debt / EBITDA 2.9x 10.3x 2.7x WFC
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months +12.7% -15.0% -2.5% MS
Better 5-year returnAnnualised price return, 5 years +12.0%/yr +21.8%/yr +10.2%/yr SNEX
Less volatileAnnualised volatility, 1 year 28.5% 60.5% 25.6% WFC
Higher overall scoreMean of the five percentile scores vs peers 39/100 52/100 39/100 SNEX

Percentile Scorecard

MSSNEXWFC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisMSSNEXWFC
Valuation 7 #337 of 361 96 #5 of 97 27 #265 of 361
Growth 88 #44 of 344 90 #8 of 69 52 #165 of 344
Profitability 25 #263 of 348 41 #42 of 70 32 #238 of 348
Financial Health 2 #332 of 340 14 #87 of 101 6 #320 of 340
Shareholder Returns 75 #88 of 352 18 #33 of 40 78 #77 of 352
Overall 39 52 39
  • MS ranked among 370 companies in Banking
  • SNEX ranked among 112 companies in Capital Markets
  • WFC ranked among 370 companies in Banking

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodMSSNEXWFCSPY
1 month -9.5%-16.6%+0.5% -1.0%
3 months -16.3%-23.8%-4.6% +2.9%
6 months -4.6%-46.7%+3.7% +6.4%
Year to date +1.1%-10.8%-11.6% +11.4%
1 year +12.7%-15.0%-2.5% +13.1%
3 years +150.8%+117.7%+109.7% +79.4%
3 years, per year +35.9%+29.6%+28.0% +21.5%
5 years +76.3%+168.4%+62.6% +67.7%
5 years, per year +12.0%+21.8%+10.2% +10.9%
10 years +436.8%+411.3%+82.7% +255.2%
10 years, per year +18.3%+17.7%+6.2% +13.5%

Risk

MeasureMSSNEXWFCSPY
Volatility, 1Y 28.5%60.5%25.6% 12.7%
Downside volatility, 1Y 29.8%74.5%29.0% 12.7%
Beta vs S&P 500, 1Y 1.421.230.68 1.00
Return / volatility, 1Y 0.45-0.25-0.10 1.03
Max drawdown, 5Y -35.3%-59.5%-38.7% -25.4%
From 52-week high -21.5%-59.3%-14.5% -2.5%
52-week high $228.55$139.01$96.39 $779.14
52-week low $154.37$55.81$73.42 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleMSSNEXWFC
P/E now vs peer median 14.3xmedian 12.5x 12.4xmedian 29.4x 11.6xmedian 12.5x
P/S now vs peer median 3.6xmedian 3.5x 0.0xmedian 2.8x 2.9xmedian 3.5x
EV/EBITDA now vs peer median 6.3xmedian 4.8x 12.2xmedian 12.8x 5.9xmedian 4.8x
P/FCF now vs peer median -15.2xmedian 11.4x 1.8xmedian 15.9x 13.0xmedian 11.4x
P/B now vs peer median 2.4xmedian 1.2x 2.4xmedian 2.5x 1.4xmedian 1.2x
PEG now vs peer median 0.49median 1.48 0.55median 0.51 0.61median 1.48

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsMSSNEXWFC
Revenue $78.04B $157.71B $86.80B
Gross profit – $5.68B –
Operating income – $3.50B –
Net income $20.37B $526.90M $22.61B
Free cash flow -$18.58B $3.78B $19.17B
EPS (diluted) $12.46 $4.23 $7.03
Cash & equivalents $160.14B $2.19B –
Total debt $392.56B $142.62B $207.31B
Shares (diluted) 1.57B 124.48M 3.07B
Enterprise value -$223.89B -$1.06B $251.40B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricMSSNEXWFC
P/E 14.3x 12.4x 11.6x
P/FCF -15.2x 1.8x 13.0x
P/Operating cash flow -18.1x 1.8x 13.0x
P/S 3.6x 0.0x 2.9x
P/B 2.4x 2.4x 1.4x
P/Tangible book 2.5x 2.4x 1.4x
EV/EBITDA 6.3x 12.2x 5.9x
EV/EBIT 6.7x 12.5x 6.6x
EV/Revenue 6.6x 0.3x 5.3x
EV/FCF -27.7x 11.6x 23.8x
EV/Operating cash flow -33.0x 11.4x 23.8x
PEG (3Y EPS CAGR) 0.49 0.55 0.61

Growth

14 metrics
MetricMSSNEXWFC
Revenue growth (1Y) 18.0% 20.6% 6.2%
Revenue CAGR (3Y) 13.3% 37.5% 2.4%
Gross profit growth (1Y) – 47.6% –
Gross profit CAGR (3Y) – 27.8% –
Operating income growth (1Y) – 51.2% –
Operating income CAGR (3Y) – 35.6% –
Net income growth (1Y) 36.7% 77.5% 9.9%
Net income CAGR (3Y) 26.0% 30.0% 10.7%
EPS growth (1Y) 40.3% 60.2% 17.9%
EPS CAGR (3Y) 29.4% 22.6% 18.9%
Operating cash flow growth (1Y) 11.8% 266.9% 309.7%
Operating cash flow CAGR (3Y) 27.6% 217.7% -9.6%
Free cash flow growth (1Y) 11.3% 282.3% 309.7%
Free cash flow CAGR (3Y) 25.1% 188.0% -9.6%

Profitability

14 metrics
MetricMSSNEXWFC
Gross margin – 3.6% –
EBITDA margin 104.2% 2.3% 88.9%
Operating margin – 2.2% –
Pretax margin 33.5% 0.4% 31.6%
Net margin 25.0% 0.3% 24.9%
FCF margin -23.8% 2.4% 22.1%
Operating cash flow margin -20.0% 2.4% 22.1%
Return on equity 17.5% 19.0% 12.7%
Return on assets 1.3% 1.0% 1.0%
Return on invested capital 12.0% 6.6% 14.8%
Return on capital employed – – –
Asset turnover 0.0x 2.9x 0.0x
Cash conversion (OCF / net income) -0.8x 7.3x 0.8x
Stock comp / revenue 2.6% 0.0% –

Financial Health

11 metrics
MetricMSSNEXWFC
Debt / assets 23.4% 72.8% 9.1%
Debt / equity 3.3x 13.8x 1.1x
Net debt / EBITDA 2.9x 10.3x 2.7x
Debt / FCF -21.1x 10.4x 10.8x
Liabilities / assets 93.0% 94.7% 92.0%
Equity / assets 7.0% 5.3% 8.0%
Interest coverage 1.5x 1.9x 1.7x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricMSSNEXWFC
Dividend yield 2.3% – 2.2%
Net buyback yield 2.6% -0.3% 7.7%
Shareholder yield 4.9% -0.3% 10.0%
Payout ratio (earnings) – – 24.7%
Payout ratio (FCF) – – 29.1%
Dividend growth (1Y) – – 5.6%
Dividend CAGR (3Y) – – 7.3%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusMSSNEXWFC
Forward P/E 13.2xFY2026 12.4xFY2026 10.5xFY2026
EPS, next fiscal year $13.63FY2026 $4.57FY2026 $7.82FY2026
EPS growth, next FY +33.5%FY2026 +74.4%FY2026 +24.9%FY2026
EPS growth, the year after -4.0% +1.8% +7.2%
Revenue, next fiscal year $79.95BFY2026 $5.64BFY2026 $94.38BFY2026
Revenue growth, next FY +13.2%FY2026 +36.5%FY2026 +12.8%FY2026
Revenue growth, the year after +13.3% +10.8% +4.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMSSNEXWFC
Held by institutions 85.7% 83.8% 76.8%
Institutions holding 2,740 468 2,875
Change in shares held, QoQ +1.5% +2.5% +1.1%
Institutions buying 1,466 277 1,290
Institutions selling 939 145 1,134
Buyers to sellers 1.56 1.91 1.14

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

MSSNEXWFC
MS 1.00 0.36 0.53
SNEX 0.36 1.00 0.24
WFC 0.53 0.24 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MS, SNEX and WFC?

Morgan Stanley (MS) is the largest by market capitalisation: Morgan Stanley (MS) $285.21B, StoneX (SNEX) $6.46B, Wells Fargo & Company (WFC) $251.40B.

Which stock is cheaper, MS, SNEX and WFC?

Wells Fargo & Company (WFC) trades on the lowest price-to-earnings ratio (Morgan Stanley (MS) 14.6x, StoneX (SNEX) 12.3x, Wells Fargo & Company (WFC) 11.6x). On next year's consensus earnings, Wells Fargo & Company (WFC) is cheapest (Morgan Stanley (MS) 13.2x, StoneX (SNEX) 12.4x, Wells Fargo & Company (WFC) 10.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

StoneX (SNEX) grew revenue fastest over the trailing twelve months: Morgan Stanley (MS) +18.0%, StoneX (SNEX) +20.6%, Wells Fargo & Company (WFC) +6.2%.

Which company is more profitable?

Morgan Stanley (MS) has the highest net margin (Morgan Stanley (MS) 25.0%, StoneX (SNEX) 0.3%, Wells Fargo & Company (WFC) 24.9%). On return on invested capital, Wells Fargo & Company (WFC) leads (Morgan Stanley (MS) 12.0%, StoneX (SNEX) 6.6%, Wells Fargo & Company (WFC) 14.8%).

Which stock has performed better?

Over the past year Morgan Stanley (MS) returned the most: Morgan Stanley (MS) +12.7%, StoneX (SNEX) -15.0%, Wells Fargo & Company (WFC) -2.5%. Over five years, StoneX (SNEX) compounded fastest (Morgan Stanley (MS) +12.0%/yr, StoneX (SNEX) +21.8%/yr, Wells Fargo & Company (WFC) +10.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Morgan Stanley (MS) 0.00%, StoneX (SNEX) 0.00%, Wells Fargo & Company (WFC) 0.02%. Morgan Stanley (MS) and StoneX (SNEX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Wells Fargo & Company (WFC) has been the steadiest (Morgan Stanley (MS) 28.5%, StoneX (SNEX) 60.5%, Wells Fargo & Company (WFC) 25.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MS, SNEX and WFC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Wells Fargo & Company (WFC) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.