Morgan Stanley (MS-PF) Net Margin (2009 - 2026)

Morgan Stanley (MS-PF) reported Net Margin of 26.29% for Q1 2026, up 286.0% year-over-year from 6.81% in Q1 2025, and up 10.68% quarter-over-quarter from 23.76% in Q4 2025.

Morgan Stanley (MS-PF) Net Margin (2009 - 2026) Analysis & Trends

Morgan Stanley (MS-PF) has 18 years of Net Margin data on file, last reported at 26.29% in Q1 2026.

  • Net Margin for Q1 2026 came in at 26.29%, up 286.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.82% (up 255.0% YoY), and the FY2025 annual result was 23.0%, up 228.0% from the prior year.
  • Net Margin grew to 26.29% in Q1 2026 per MS-PF's latest filing, from 23.76% in the prior quarter.
  • Over five years, Net Margin peaked at 26.29% in Q1 2026 and troughed at 10.72% in Q4 2023.
  • A 5-year average of 20.08% and a median of 19.68% in 2024 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2022 and 2024: Net Margin plunged 816 bps in 2022, then surged 1124 bps in 2024.
  • A 5-year view of Net Margin shows it stood at 16.57% in 2022, then tumbled 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.
  • Business Quant data shows MS-PF's Net Margin at 26.29% in Q1 2026, 23.76% in Q4 2025, and 24.42% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 26.29%
3 Goldman Sachs 317.73 Bn -619.82 Bn - 31.36%
4 Schwab Charles 153.74 Bn 108.77 Bn - 36.98%
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 32.80%
6 Interactive Brokers 38.91 Bn 49.50 Bn - 16.00%
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 7.22%
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 37.74%
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 132.82%
10 Morgan Stanley - - - 26.29%

Historic Data

Download Data
DateValue
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%