Morgan Stanley (MS) EBITDA Margin (2009 - 2026)
Morgan Stanley (MS) posted quarterly EBITDA Margin of 95.15% for Q1 2026, down 34.0% YoY from 144.16% in Q1 2025, and down 4.69% sequentially from 99.83% in Q4 2025.
Morgan Stanley (MS) EBITDA Margin (2009 - 2026) Analysis & Trends
Morgan Stanley has disclosed EBITDA Margin across 18 years of filings, most recently posting 95.15% for Q1 2026.
- In Q1 2026, EBITDA Margin fell 34.0% year-over-year to 95.15%; the TTM figure through Mar 2026 stood at 100.17% (down 9.0% YoY), while the FY2025 annual figure was 100.46%, down 174.0% from the prior year.
- EBITDA Margin declined to 95.15% in Q1 2026, from 99.83% in the prior quarter.
- Over the last five years, EBITDA Margin for MS reached as high as 105.38% in Q3 2024 and fell as low as 33.93% in Q1 2022.
- The 5-year median for EBITDA Margin is 97.67% (2024), against an average of 86.59%.
- Annual changes were most pronounced in 2023 — EBITDA Margin jumped 5165 bps — and 2025, when it slumped 711 bps.
- A 5-year view of EBITDA Margin shows it stood at 76.14% in 2022, then surged by 33 bps to 101.03% in 2023, then declined by 3 bps to 97.67% in 2024, then advanced by 2 bps to 99.83% in 2025, then dropped by 5 bps to 95.15% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 95.15%, 99.83%, and 104.22% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 95.15% |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 136.81% |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 61.80% |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 124.07% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 28.49% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 11.84% |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 47.66% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 110.52% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -176.07% |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 23.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 95.15% |
| Dec 31, 2025 | 99.83% |
| Sep 30, 2025 | 104.22% |
| Jun 30, 2025 | 102.31% |
| Mar 31, 2025 | 95.49% |
| Dec 31, 2024 | 97.67% |
| Sep 30, 2024 | 105.38% |
| Jun 30, 2024 | 103.44% |
| Mar 31, 2024 | 102.60% |
| Dec 31, 2023 | 101.03% |
| Sep 30, 2023 | 100.16% |
| Jun 30, 2023 | 87.06% |
| Mar 31, 2023 | 78.49% |
| Dec 31, 2022 | 76.14% |
| Sep 30, 2022 | 53.74% |
| Jun 30, 2022 | 35.40% |
| Mar 31, 2022 | 33.93% |
| Dec 31, 2021 | 35.84% |
| Sep 30, 2021 | 34.99% |
| Jun 30, 2021 | 33.29% |