Morgan Stanley (MS-PE) Net Margin (2009 - 2026)
Morgan Stanley (MS-PE) posted quarterly Net Margin of 26.29% for Q1 2026, up 286.0% YoY from 6.81% in Q1 2025, and up 10.68% sequentially from 23.76% in Q4 2025.
Morgan Stanley (MS-PE) Net Margin (2009 - 2026) Analysis & Trends
Morgan Stanley has disclosed Net Margin across 18 years of filings, most recently posting 26.29% for Q1 2026.
- In Q1 2026, Net Margin rose 286.0% year-over-year to 26.29%; the TTM figure through Mar 2026 stood at 23.82% (up 255.0% YoY), while the FY2025 annual figure was 23.0%, up 228.0% from the prior year.
- Net Margin climbed to 26.29% in Q1 2026, from 23.76% in the prior quarter.
- Over the last five years, Net Margin for MS-PE reached as high as 26.29% in Q1 2026 and fell as low as 10.72% in Q4 2023.
- The 5-year median for Net Margin is 19.68% (2024), against an average of 20.08%.
- Annual changes were most pronounced in 2022 — Net Margin slumped 816 bps — and 2024, when it surged 1124 bps.
- A 5-year view of Net Margin shows it stood at 16.57% in 2022, then sank by 35 bps to 10.72% in 2023, then soared by 105 bps to 21.97% in 2024, then climbed by 8 bps to 23.76% in 2025, then increased by 11 bps to 26.29% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 26.29%, 23.76%, and 24.42% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 26.29% |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 31.36% |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 36.98% |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 122.40% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 32.80% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 7.22% |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 37.74% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 132.82% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -171.16% |
| 10 | Morgan Stanley | - | - | - | 26.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.29% |
| Dec 31, 2025 | 23.76% |
| Sep 30, 2025 | 24.42% |
| Jun 30, 2025 | 20.20% |
| Mar 31, 2025 | 23.43% |
| Dec 31, 2024 | 21.97% |
| Sep 30, 2024 | 19.68% |
| Jun 30, 2024 | 19.59% |
| Mar 31, 2024 | 21.58% |
| Dec 31, 2023 | 10.72% |
| Sep 30, 2023 | 17.04% |
| Jun 30, 2023 | 15.23% |
| Mar 31, 2023 | 19.54% |
| Dec 31, 2022 | 16.57% |
| Sep 30, 2022 | 19.21% |
| Jun 30, 2022 | 18.21% |
| Mar 31, 2022 | 23.93% |
| Dec 31, 2021 | 24.73% |
| Sep 30, 2021 | 24.29% |
| Jun 30, 2021 | 23.09% |