Morgan Stanley (MS) EBITDA (2009 - 2026)
Morgan Stanley's (MS) quarterly EBITDA came in at $20.5 billion in Q2 2026, up 19.15% year-over-year from $17.2 billion in Q2 2025, and up 4.54% quarter-over-quarter from $19.6 billion in Q1 2026.
Analysis
Morgan Stanley (MS) EBITDA (2009 - 2026) Analysis & Trends
Morgan Stanley (MS) has reported EBITDA for 18 consecutive years, with $20.5 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA rose 19.15% year-over-year to $20.5 billion in Q2 2026; TTM through Jun 2026 was $76.9 billion, a 16.21% increase from a year earlier, with the FY2025 full-year figure at $71.0 billion, up 12.44% from the prior year.
- EBITDA was $20.5 billion for Q2 2026 at Morgan Stanley, up from $19.6 billion in the prior quarter.
- Over five years, EBITDA peaked at $20.5 billion in Q2 2026 and troughed at $4.6 billion in Q2 2022.
- A 5-year average of $13.9 billion and a median of $15.5 billion in 2024 frame the typical range for EBITDA.
- Across the five-year window, EBITDA decreased 12.71% in 2022 and soared 151.99% in 2023, its largest moves.
- Over 5 years, EBITDA stood at $9.7 billion in 2022, then surged by 34.22% to $13.0 billion in 2023, then increased by 21.61% to $15.8 billion in 2024, then grew by 12.71% to $17.9 billion in 2025, then grew by 14.62% to $20.5 billion in 2026.
- The last three EBITDA figures came in at $20.5 billion (Q2 2026), $19.6 billion (Q1 2026), and $17.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 439.96 Bn | -148.54 Bn | 30.39 Bn | 11.77 Bn |
| 2 | Morgan Stanley | 336.99 Bn | 176.86 Bn | - | 20.47 Bn |
| 3 | Goldman Sachs | 299.92 Bn | -676.43 Bn | - | 26.66 Bn |
| 4 | Royal Bank Of Canada | 288.24 Bn | 61.39 Bn | - | 18.35 Bn |
| 5 | Mitsubishi Ufj Financial | 283.40 Bn | -100.92 Bn | 10.89 Bn | 5.11 Bn |
| 6 | Wells Fargo & Company | 273.32 Bn | 71.49 Bn | - | 19.01 Bn |
| 7 | Banco Santander | 219.61 Bn | 227.22 Bn | 28.01 Bn | 10.44 Bn |
| 8 | American Express | 219.16 Bn | 169.84 Bn | 17.99 Bn | 3.51 Bn |
| 9 | Toronto Dominion Bank | 204.38 Bn | 43.05 Bn | - | 1.33 Bn |
| 10 | Schwab Charles | 185.52 Bn | 111.93 Bn | - | 4.46 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.47 Bn |
| Mar 31, 2026 | 19.58 Bn |
| Dec 31, 2025 | 17.86 Bn |
| Sep 30, 2025 | 18.99 Bn |
| Jun 30, 2025 | 17.18 Bn |
| Mar 31, 2025 | 16.94 Bn |
| Dec 31, 2024 | 15.85 Bn |
| Sep 30, 2024 | 16.21 Bn |
| Jun 30, 2024 | 15.54 Bn |
| Mar 31, 2024 | 15.53 Bn |
| Dec 31, 2023 | 13.03 Bn |
| Sep 30, 2023 | 13.29 Bn |
| Jun 30, 2023 | 11.72 Bn |
| Mar 31, 2023 | 11.39 Bn |
| Dec 31, 2022 | 9.71 Bn |
| Sep 30, 2022 | 6.98 Bn |
| Jun 30, 2022 | 4.65 Bn |
| Mar 31, 2022 | 5.02 Bn |
| Dec 31, 2021 | 5.21 Bn |
| Sep 30, 2021 | 5.16 Bn |