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Morgan Stanley (MS-PF) Rent Expense (2016 - 2026)

Morgan Stanley (MS-PF) has 18 years of Rent Expense data on record, last reported at $483.0 million in Q1 2026.

  • On a quarterly basis, Rent Expense rose 7.57% to $483.0 million in Q1 2026 year-over-year; TTM through Mar 2026 was $1.9 billion, a 0.37% change, with the full-year FY2025 number at $1.9 billion, down 1.73% from a year prior.
  • Rent Expense reached $483.0 million in Q1 2026 per MS-PF's latest filing, down from $491.0 million in the prior quarter.
  • Over the last five years, Rent Expense for MS-PF hit a ceiling of $528.0 million in Q4 2023 and a floor of $427.0 million in Q1 2022.
  • A 5-year average of $463.8 million and a median of $459.0 million in 2025 define the central range for Rent Expense.
  • Peak YoY movement for Rent Expense: dropped 7.52% in 2022, then increased 19.19% in 2023.
  • Tracing MS-PF's Rent Expense over 5 years: stood at $443.0 million in 2022, then grew by 19.19% to $528.0 million in 2023, then decreased by 0.19% to $527.0 million in 2024, then fell by 6.83% to $491.0 million in 2025, then decreased by 1.63% to $483.0 million in 2026.
  • Business Quant data shows Rent Expense for MS-PF at $483.0 million in Q1 2026, $491.0 million in Q4 2025, and $473.0 million in Q3 2025.