Morgan Stanley (MS) EBT Margin (2009 - 2026)

Morgan Stanley (MS) posted quarterly EBT Margin of 34.07% for Q1 2026, up 281.0% year-over-year from 8.94% in Q1 2025, and up 5.81% quarter-over-quarter from 32.2% in Q4 2025.

Morgan Stanley (MS) EBT Margin (2009 - 2026) Analysis & Trends

Morgan Stanley (MS) has reported EBT Margin for 18 consecutive years, with 34.07% the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBT Margin rose 281.0% year-over-year to 34.07%; the TTM figure through Mar 2026 stood at 31.87% (up 275.0% YoY), while the FY2025 annual figure was 31.08%, up 259.0% from the prior year.
  • EBT Margin improved to 34.07% in Q1 2026 per MS's latest filing, from 32.2% in the prior quarter.
  • Across five years, EBT Margin topped out at 34.07% in Q1 2026 and bottomed at 16.25% in Q4 2023.
  • Historically, EBT Margin has averaged 27.23% across 5 years, with a median of 27.44% in 2024.
  • Annual changes were most pronounced in 2022 — EBT Margin slumped 1171 bps — and 2024, when it soared 1399 bps.
  • Morgan Stanley's EBT Margin stood at 21.92% in 2022, then slipped by 26 bps to 16.25% in 2023, then surged by 86 bps to 30.24% in 2024, then gained by 6 bps to 32.2% in 2025, then increased by 6 bps to 34.07% in 2026.
  • Business Quant data shows MS's EBT Margin at 34.07% in Q1 2026, 32.2% in Q4 2025, and 33.08% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 34.42%
2 Goldman Sachs 316.34 Bn -660.01 Bn - 42.10%
3 Schwab Charles 220.55 Bn 135.80 Bn - 49.18%
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 144.51%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 54.20%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -175.48%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 77.17%
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 9.94%
10 Tradeweb Markets 23.53 Bn 22.17 Bn - 48.34%

Historic Data

Download Data
DateValue
Jun 30, 2026 34.42%
Mar 31, 2026 34.07%
Dec 31, 2025 32.20%
Sep 30, 2025 33.08%
Jun 30, 2025 27.53%
Mar 31, 2025 31.25%
Dec 31, 2024 30.24%
Sep 30, 2024 27.44%
Jun 30, 2024 27.13%
Mar 31, 2024 29.04%
Dec 31, 2023 16.25%
Sep 30, 2023 23.69%
Jun 30, 2023 20.90%
Mar 31, 2023 25.90%
Dec 31, 2022 21.92%
Sep 30, 2022 26.09%
Jun 30, 2022 25.27%
Mar 31, 2022 31.00%
Dec 31, 2021 33.63%
Sep 30, 2021 33.04%