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| Date | Value |
|---|---|
| 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% |