Morgan Stanley (MS) Capital Expenditures (2010 - 2026)
Morgan Stanley (MS) recorded Capital Expenditures of $819 million in Q2 2026, up 7.3% from $763 million a year earlier and up 8.6% from the prior quarter.
Powered by 
Analysis
Morgan Stanley (MS) Capital Expenditures (2010 - 2026) Analysis & Trends
On a TTM basis, Morgan Stanley's Capital Expenditures came in at $3 billion as of Jun 30, 2026, down 8.4% year-over-year; for FY2025, it was $2.9 billion, down 16.3% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 14.9% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $3.46 billion in FY2024 (+1.5%), $3.41 billion in FY2023 (+10.9%), $3.08 billion in FY2022 (+33.4%) and $2.31 billion in FY2021 (+59.8%).
- The Q2 2026 figure is the highest quarterly Capital Expenditures since Q4 2024.
- On a year-over-year basis, Capital Expenditures rose in three of the last eight quarters, with an average decline of 7.1%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 403.3% in Q3 2021, against a decline of 22.2% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $754 million (Q1 2026), $709 million (Q4 2025) and $713 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | - |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | - |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 819.00 Mn |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 502.00 Mn |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | - |
| 10 | American Express | 204.37 Bn | -3.81 Bn | - | 898.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 819.00 Mn |
| Mar 31, 2026 | 754.00 Mn |
| Dec 31, 2025 | 709.00 Mn |
| Sep 30, 2025 | 713.00 Mn |
| Jun 30, 2025 | 763.00 Mn |
| Mar 31, 2025 | 713.00 Mn |
| Dec 31, 2024 | 879.00 Mn |
| Sep 30, 2024 | 916.00 Mn |
| Jun 30, 2024 | 851.00 Mn |
| Mar 31, 2024 | 816.00 Mn |
| Dec 31, 2023 | 929.00 Mn |
| Sep 30, 2023 | 913.00 Mn |
| Jun 30, 2023 | 851.00 Mn |
| Mar 31, 2023 | 719.00 Mn |
| Dec 31, 2022 | 770.00 Mn |
| Sep 30, 2022 | 857.00 Mn |
| Jun 30, 2022 | 799.00 Mn |
| Mar 31, 2022 | 652.00 Mn |
| Dec 31, 2021 | 650.00 Mn |
| Sep 30, 2021 | 619.00 Mn |
API Access
Morgan Stanley Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "MS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();