KPIs & Operating Metrics(New)

Morgan Stanley (MS) Accumulated Expenses (2016 - 2025)

Morgan Stanley (MS) has disclosed Accumulated Expenses for 17 consecutive years, with $28.9 billion as the latest value for Q3 2025.

  • On a quarterly basis, Accumulated Expenses changed N/A to $28.9 billion in Q3 2025 year-over-year; TTM through Sep 2025 was $28.9 billion, a N/A change, with the full-year FY2024 number at $28.2 billion, changed 0.25% from a year prior.
  • Accumulated Expenses was $28.9 billion for Q3 2025 at Morgan Stanley, up from $25.6 billion in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $30.9 billion in Q3 2021 to a low of $24.0 billion in Q1 2021.
  • A 5-year average of $26.9 billion and a median of $26.6 billion in 2022 define the central range for Accumulated Expenses.
  • Peak YoY movement for Accumulated Expenses: dropped 14.65% in 2022, then rose 2.92% in 2023.
  • Morgan Stanley's Accumulated Expenses stood at $30.9 billion in 2021, then fell by 11.43% to $27.4 billion in 2022, then grew by 2.92% to $28.2 billion in 2023, then grew by 0.25% to $28.2 billion in 2024, then grew by 2.25% to $28.9 billion in 2025.
  • Per Business Quant, the three most recent readings for MS's Accumulated Expenses are $28.9 billion (Q3 2025), $25.6 billion (Q1 2025), and $28.2 billion (Q4 2024).