Morgan Stanley (MS) Capital Expenditures (2010 - 2026)

Morgan Stanley (MS) posted quarterly Capital Expenditures of $754.0 million for Q1 2026, up 5.75% year-over-year from $713.0 million in Q1 2025, and up 6.35% quarter-over-quarter from $709.0 million in Q4 2025.

Morgan Stanley (MS) Capital Expenditures (2010 - 2026) Analysis & Trends

Morgan Stanley (MS) has reported Capital Expenditures for 17 consecutive years, with $754.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Capital Expenditures rose 5.75% year-over-year to $754.0 million; the TTM figure through Mar 2026 stood at $2.9 billion (down 12.5% YoY), while the FY2025 annual figure was $2.9 billion, down 16.29% from the prior year.
  • Capital Expenditures advanced to $754.0 million in Q1 2026 per MS's latest filing, from $709.0 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $929.0 million in Q4 2023 and bottomed at $652.0 million in Q1 2022.
  • Historically, Capital Expenditures has averaged $800.2 million across 5 years, with a median of $799.0 million in 2022.
  • Annual changes were most pronounced in 2022 — Capital Expenditures jumped 55.45% — and 2025, when it retreated 22.16%.
  • Morgan Stanley's Capital Expenditures stood at $770.0 million in 2022, then increased by 20.65% to $929.0 million in 2023, then dropped by 5.38% to $879.0 million in 2024, then declined by 19.34% to $709.0 million in 2025, then grew by 6.35% to $754.0 million in 2026.
  • Business Quant data shows MS's Capital Expenditures at $754.0 million in Q1 2026, $709.0 million in Q4 2025, and $713.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 819.00 Mn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 502.00 Mn
3 Schwab Charles 220.55 Bn 135.80 Bn - 140.00 Mn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 12.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 949.16 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 26.00 Mn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 199.45 Mn
10 Tradeweb Markets 23.53 Bn 22.17 Bn - 18.90 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 819.00 Mn
Jun 30, 2026 819.00 Mn
Mar 31, 2026 754.00 Mn
Mar 31, 2026 754.00 Mn
Dec 31, 2025 709.00 Mn
Dec 31, 2025 709.00 Mn
Sep 30, 2025 713.00 Mn
Sep 30, 2025 713.00 Mn
Jun 30, 2025 763.00 Mn
Jun 30, 2025 763.00 Mn
Mar 31, 2025 713.00 Mn
Mar 31, 2025 713.00 Mn
Dec 31, 2024 879.00 Mn
Dec 31, 2024 879.00 Mn
Sep 30, 2024 916.00 Mn
Sep 30, 2024 916.00 Mn
Jun 30, 2024 851.00 Mn
Jun 30, 2024 851.00 Mn
Mar 31, 2024 816.00 Mn
Mar 31, 2024 816.00 Mn