Morgan Stanley (MS-PI) Free Cash Flow (2010 - 2026)
Morgan Stanley (MS-PI) posted quarterly Free Cash Flow of -$7.9 billion for Q1 2026, up 68.2% YoY from -$4.7 billion in Q1 2025, and down 151.75% sequentially from -$3.1 billion in Q4 2025.
Morgan Stanley (MS-PI) Free Cash Flow (2010 - 2026) Analysis & Trends
Morgan Stanley has disclosed Free Cash Flow across 17 years of filings, most recently posting -$7.9 billion for Q1 2026.
- In Q1 2026, Free Cash Flow rose 68.2% year-over-year to -$7.9 billion; the TTM figure through Mar 2026 stood at -$4.0 billion (up 86.98% YoY), while the FY2025 annual figure was -$20.8 billion, down 889.86% from the prior year.
- Free Cash Flow declined to -$7.9 billion in Q1 2026, from -$3.1 billion in the prior quarter.
- Over the last five years, Free Cash Flow for MS-PI reached as high as $14.1 billion in Q2 2022 and fell as low as -$24.7 billion in Q1 2025.
- The 5-year median for Free Cash Flow is -$4.0 billion (2025), against an average of -$4.5 billion.
- Annual changes were most pronounced in 2022 — Free Cash Flow slumped 4805.65% — and 2025, when it surged 561.05%.
- A 5-year view of Free Cash Flow shows it stood at -$14.8 billion in 2022, then fell by 26.51% to -$18.7 billion in 2023, then surged by 158.46% to $10.9 billion in 2024, then plunged by 128.56% to -$3.1 billion in 2025, then plunged by 151.75% to -$7.9 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$7.9 billion, -$3.1 billion, and -$4.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | -7.85 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | -32.43 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 7.20 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 2.03 Bn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 124.64 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 103.58 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 11.72 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -1.15 Bn |
| 10 | Morgan Stanley | - | - | - | -7.85 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.85 Bn |
| Mar 31, 2026 | -7.85 Bn |
| Dec 31, 2025 | -3.12 Bn |
| Dec 31, 2025 | -3.12 Bn |
| Sep 30, 2025 | -4.05 Bn |
| Sep 30, 2025 | -4.05 Bn |
| Jun 30, 2025 | 11.07 Bn |
| Jun 30, 2025 | 11.07 Bn |
| Mar 31, 2025 | -24.69 Bn |
| Mar 31, 2025 | -24.69 Bn |
| Dec 31, 2024 | 10.92 Bn |
| Dec 31, 2024 | 10.92 Bn |
| Sep 30, 2024 | -18.24 Bn |
| Sep 30, 2024 | -18.24 Bn |
| Jun 30, 2024 | 1.67 Bn |
| Jun 30, 2024 | 1.67 Bn |
| Mar 31, 2024 | 3.54 Bn |
| Mar 31, 2024 | 3.54 Bn |
| Dec 31, 2023 | -18.68 Bn |
| Dec 31, 2023 | -18.68 Bn |