Morgan Stanley (MS-PA) Capital Expenditures (2010 - 2026)

Morgan Stanley (MS-PA) reported Capital Expenditures of $754.0 million for Q1 2026, up 5.75% year-over-year from $713.0 million in Q1 2025, and up 6.35% on a QoQ basis from $709.0 million in Q4 2025.

Morgan Stanley (MS-PA) has 17 years of Capital Expenditures data on file, last reported at $754.0 million in Q1 2026.

  • Quarterly Capital Expenditures rose 5.75% year-over-year to $754.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.9 billion (down 12.5% YoY) and the FY2025 annual result came in at $2.9 billion, down 16.29% from the prior year.
  • Capital Expenditures rose to $754.0 million in Q1 2026 per MS-PA's latest filing, from $709.0 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $929.0 million in Q4 2023 and bottomed at $652.0 million in Q1 2022.
  • The 5-year median for Capital Expenditures is $799.0 million (2022), against an average of $800.2 million.
  • The widest annual swing landed in 2022, when Capital Expenditures surged 55.45%; it then declined 22.16% in 2025.
  • Tracing MS-PA's Capital Expenditures over 5 years: stood at $770.0 million in 2022, then advanced by 20.65% to $929.0 million in 2023, then retreated by 5.38% to $879.0 million in 2024, then decreased by 19.34% to $709.0 million in 2025, then gained by 6.35% to $754.0 million in 2026.
  • Per Business Quant, the three latest MS-PA Capital Expenditures figures stand at $754.0 million (Q1 2026), $709.0 million (Q4 2025), and $713.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 754.00 Mn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 565.00 Mn
3 Schwab Charles 154.74 Bn 109.76 Bn - 140.00 Mn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 9.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - 26.00 Mn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 9.36 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 165.76 Mn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 1.22 Bn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 254,000.00
10 Morgan Stanley - - - 754.00 Mn

Historic Data

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DateValue
Mar 31, 2026 754.00 Mn
Mar 31, 2026 754.00 Mn
Dec 31, 2025 709.00 Mn
Dec 31, 2025 709.00 Mn
Sep 30, 2025 713.00 Mn
Sep 30, 2025 713.00 Mn
Jun 30, 2025 763.00 Mn
Jun 30, 2025 763.00 Mn
Mar 31, 2025 713.00 Mn
Mar 31, 2025 713.00 Mn
Dec 31, 2024 879.00 Mn
Dec 31, 2024 879.00 Mn
Sep 30, 2024 916.00 Mn
Sep 30, 2024 916.00 Mn
Jun 30, 2024 851.00 Mn
Jun 30, 2024 851.00 Mn
Mar 31, 2024 816.00 Mn
Mar 31, 2024 816.00 Mn
Dec 31, 2023 929.00 Mn
Dec 31, 2023 929.00 Mn
Sep 30, 2023 913.00 Mn
Sep 30, 2023 913.00 Mn
Jun 30, 2023 851.00 Mn
Jun 30, 2023 851.00 Mn
Mar 31, 2023 719.00 Mn
Mar 31, 2023 719.00 Mn
Dec 31, 2022 770.00 Mn
Dec 31, 2022 770.00 Mn
Sep 30, 2022 857.00 Mn
Sep 30, 2022 857.00 Mn
Jun 30, 2022 799.00 Mn
Jun 30, 2022 799.00 Mn
Mar 31, 2022 652.00 Mn
Mar 31, 2022 652.00 Mn
Dec 31, 2021 650.00 Mn
Dec 31, 2021 650.00 Mn
Sep 30, 2021 619.00 Mn
Sep 30, 2021 619.00 Mn
Jun 30, 2021 514.00 Mn
Jun 30, 2021 514.00 Mn
Mar 31, 2021 525.00 Mn
Mar 31, 2021 525.00 Mn
Dec 31, 2020 539.00 Mn
Dec 31, 2020 539.00 Mn
Sep 30, 2020 123.00 Mn
Sep 30, 2020 123.00 Mn
Jun 30, 2020 428.00 Mn
Jun 30, 2020 428.00 Mn
Mar 31, 2020 354.00 Mn
Mar 31, 2020 354.00 Mn
Dec 31, 2019 366.00 Mn
Dec 31, 2019 366.00 Mn
Sep 30, 2019 452.00 Mn
Sep 30, 2019 452.00 Mn
Jun 30, 2019 479.00 Mn
Jun 30, 2019 479.00 Mn
Mar 31, 2019 529.00 Mn
Mar 31, 2019 529.00 Mn
Dec 31, 2018 504.00 Mn
Dec 31, 2018 504.00 Mn
Sep 30, 2018 453.00 Mn
Sep 30, 2018 453.00 Mn
Jun 30, 2018 498.00 Mn
Jun 30, 2018 498.00 Mn
Mar 31, 2018 410.00 Mn
Mar 31, 2018 410.00 Mn
Dec 31, 2017 452.00 Mn
Dec 31, 2017 452.00 Mn
Sep 30, 2017 454.00 Mn
Sep 30, 2017 454.00 Mn
Jun 30, 2017 373.00 Mn
Jun 30, 2017 373.00 Mn
Mar 31, 2017 350.00 Mn
Mar 31, 2017 350.00 Mn
Dec 31, 2016 335.00 Mn
Dec 31, 2016 335.00 Mn
Sep 30, 2016 296.00 Mn
Sep 30, 2016 296.00 Mn
Jun 30, 2016 330.00 Mn
Jun 30, 2016 330.00 Mn
Mar 31, 2016 315.00 Mn
Mar 31, 2016 315.00 Mn
Dec 31, 2015 409.00 Mn
Dec 31, 2015 409.00 Mn
Sep 30, 2015 344.00 Mn
Sep 30, 2015 344.00 Mn
Jun 30, 2015 300.00 Mn
Jun 30, 2015 300.00 Mn
Mar 31, 2015 320.00 Mn
Mar 31, 2015 320.00 Mn
Dec 31, 2014 459.00 Mn
Dec 31, 2014 459.00 Mn
Sep 30, 2014 120.00 Mn
Sep 30, 2014 120.00 Mn
Jun 30, 2014 415.00 Mn
Jun 30, 2014 415.00 Mn
Mar 31, 2014 -2.00 Mn
Mar 31, 2014 -2.00 Mn
Dec 31, 2013 372.00 Mn
Dec 31, 2013 372.00 Mn
Sep 30, 2013 361.00 Mn
Sep 30, 2013 361.00 Mn
Jun 30, 2013 320.00 Mn
Jun 30, 2013 320.00 Mn
Mar 31, 2013 263.00 Mn
Mar 31, 2013 263.00 Mn
Dec 31, 2012 447.00 Mn
Dec 31, 2012 447.00 Mn
Sep 30, 2012 429.00 Mn
Sep 30, 2012 429.00 Mn
Jun 30, 2012 224.00 Mn
Jun 30, 2012 224.00 Mn
Mar 31, 2012 212.00 Mn
Mar 31, 2012 212.00 Mn
Dec 31, 2011 216.00 Mn
Dec 31, 2011 216.00 Mn
Sep 30, 2011 363.00 Mn
Sep 30, 2011 363.00 Mn
Jun 30, 2011 316.00 Mn
Jun 30, 2011 316.00 Mn
Mar 31, 2011 409.00 Mn
Mar 31, 2011 409.00 Mn
Dec 31, 2010 401.00 Mn
Dec 31, 2010 401.00 Mn
Sep 30, 2010 364.00 Mn
Sep 30, 2010 364.00 Mn
Jun 30, 2010 298.00 Mn
Jun 30, 2010 298.00 Mn
Mar 31, 2010 138.00 Mn
Mar 31, 2010 138.00 Mn