Morgan Stanley (MS-PQ) Net Margin (2009 - 2026)
Morgan Stanley (MS-PQ) 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% on a QoQ basis from 23.76% in Q4 2025.
Morgan Stanley (MS-PQ) has 18 years of Net Margin data on file, last reported at 26.29% in Q1 2026.
- Quarterly Net Margin rose 286.0% year-over-year to 26.29% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.82% (up 255.0% YoY) and the FY2025 annual result came in at 23.0%, up 228.0% from the prior year.
- Net Margin advanced to 26.29% in Q1 2026 per MS-PQ's latest filing, from 23.76% in the prior quarter.
- Across five years, Net Margin topped out at 26.29% in Q1 2026 and bottomed at 10.72% in Q4 2023.
- The 5-year median for Net Margin is 19.68% (2024), against an average of 20.08%.
- The widest annual swing landed in 2022, when Net Margin slumped 816 bps; it then soared 1124 bps in 2024.
- Tracing MS-PQ's Net Margin over 5 years: stood at 16.57% in 2022, then sank by 35 bps to 10.72% in 2023, then jumped by 105 bps to 21.97% in 2024, then gained by 8 bps to 23.76% in 2025, then climbed by 11 bps to 26.29% in 2026.
- Per Business Quant, the three latest MS-PQ Net Margin figures stand at 26.29% (Q1 2026), 23.76% (Q4 2025), and 24.42% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 26.29% |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 31.36% |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 36.98% |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 32.80% |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 16.00% |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 132.82% |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 7.22% |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -171.16% |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 37.74% |
| 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% |
| Mar 31, 2021 | 25.33% |
| Dec 31, 2020 | 23.94% |
| Sep 30, 2020 | 22.16% |
| Jun 30, 2020 | 22.31% |
| Mar 31, 2020 | 16.26% |
| Dec 31, 2019 | 19.20% |
| Sep 30, 2019 | 20.53% |
| Jun 30, 2019 | 19.83% |
| Mar 31, 2019 | 22.71% |
| Dec 31, 2018 | 15.92% |
| Sep 30, 2018 | 20.45% |
| Jun 30, 2018 | 21.37% |
| Mar 31, 2018 | 23.25% |
| Dec 31, 2017 | 4.98% |
| Sep 30, 2017 | 18.35% |
| Jun 30, 2017 | 16.70% |
| Mar 31, 2017 | 18.88% |
| Dec 31, 2016 | 16.74% |
| Sep 30, 2016 | 17.04% |
| Jun 30, 2016 | 16.00% |
| Mar 31, 2016 | 13.54% |
| Dec 31, 2015 | 9.73% |
| Sep 30, 2015 | 12.09% |
| Jun 30, 2015 | 17.09% |
| Mar 31, 2015 | 23.36% |
| Dec 31, 2014 | -22.53% |
| Sep 30, 2014 | 18.29% |
| Jun 30, 2014 | 21.14% |
| Mar 31, 2014 | 16.11% |
| Dec 31, 2013 | 0.46% |
| Sep 30, 2013 | 11.06% |
| Jun 30, 2013 | 9.42% |
| Mar 31, 2013 | 11.45% |
| Dec 31, 2012 | 8.16% |
| Sep 30, 2012 | -19.84% |
| Jun 30, 2012 | 8.13% |
| Mar 31, 2012 | -1.72% |
| Dec 31, 2011 | -1.87% |
| Sep 30, 2011 | 0.20% |
| Jun 30, 2011 | -0.28% |
| Mar 31, 2011 | -0.16% |
| Dec 31, 2010 | -0.28% |
| Sep 30, 2010 | -2.50% |
| Jun 30, 2010 | 10.64% |
| Mar 31, 2010 | 15.70% |
| Dec 31, 2009 | 5.89% |
| Sep 30, 2009 | 5.88% |
| Jun 30, 2009 | -24.17% |
| Mar 31, 2009 | -19.95% |