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

Morgan Stanley (MS-PQ) posted quarterly Net Margin of 26.29% for Q1 2026, up 286.0% YoY from 6.81% in Q1 2025, and up 10.68% sequentially from 23.76% in Q4 2025.

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

Morgan Stanley has disclosed Net Margin across 18 years of filings, most recently posting 26.29% for Q1 2026.

  • In Q1 2026, Net Margin rose 286.0% year-over-year to 26.29%; the TTM figure through Mar 2026 stood at 23.82% (up 255.0% YoY), while the FY2025 annual figure was 23.0%, up 228.0% from the prior year.
  • Net Margin climbed to 26.29% in Q1 2026, from 23.76% in the prior quarter.
  • Over the last five years, Net Margin for MS-PQ reached as high as 26.29% in Q1 2026 and fell as low as 10.72% in Q4 2023.
  • The 5-year median for Net Margin is 19.68% (2024), against an average of 20.08%.
  • Annual changes were most pronounced in 2022 — Net Margin slumped 816 bps — and 2024, when it surged 1124 bps.
  • A 5-year view of Net Margin shows it stood at 16.57% in 2022, then sank 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.
  • According to Business Quant data, Net Margin over the past three periods registered 26.29%, 23.76%, and 24.42% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 26.29%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 31.36%
3 Schwab Charles 167.21 Bn 122.24 Bn - 36.98%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 122.40%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 32.80%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 7.22%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 37.74%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 132.82%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -171.16%
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%