Morgan Stanley (MS-PP) Tax Rate (2009 - 2026)

Morgan Stanley (MS-PP) has 18 years of Tax Rate data on file, last reported at 19.58% in Q1 2026.

• Tax Rate for Q1 2026 came in at 19.58%, down 157.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.9% (down 108.0% YoY), and the FY2025 annual result was 22.45%, down 66.0% from the prior year.
• Tax Rate fell to 19.58% in Q1 2026 per MS-PP's latest filing, from 23.19% in the prior quarter.
• Over five years, Tax Rate peaked at 26.48% in Q4 2023 and troughed at 18.9% in Q4 2022.
• A 5-year average of 22.01% and a median of 22.58% in 2023 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2022 and 2023: Tax Rate sank 502 bps in 2022, then jumped 758 bps in 2023.
• A 5-year view of Tax Rate shows it stood at 18.9% in 2022, then surged by 40 bps to 26.48% in 2023, then decreased by 9 bps to 24.09% in 2024, then retreated by 4 bps to 23.19% in 2025, then slipped by 16 bps to 19.58% in 2026.
• Business Quant data shows MS-PP's Tax Rate at 19.58% in Q1 2026, 23.19% in Q4 2025, and 22.78% in Q3 2025.