Morgan Stanley (MS) EBT Margin (2009 - 2026)
Morgan Stanley's EBT Margin came in at 34.42% for Q2 2026, up 6.90 percentage points from 27.53% a year earlier and up 0.35 percentage points from the prior quarter.
Morgan Stanley (MS) EBT Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Morgan Stanley reported EBT Margin of 33.50%, up 4.33 percentage points year-over-year; for FY2025, it came in at 31.08%, up 2.59 percentage points from FY2024.
- EBT Margin carries a five-year change of +1.51 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 28.49% in FY2024 (+6.67 pp), 21.82% in FY2023 (-4.43 pp), 26.25% in FY2022 (-6.66 pp) and 32.91% in FY2021 (+3.34 pp).
- The Q2 2026 figure represents the highest quarterly EBT Margin since Q3 2011.
- Year-over-year, EBT Margin has increased for ten consecutive quarters, with an average year-over-year change of +4.71 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in Q4 2024 (a gain of 13.99 percentage points), and the weakest in Q4 2022 (a drop of 11.71 percentage points).
- Business Quant data shows MS's EBT Margin at 34.07% (Q1 2026), 32.20% (Q4 2025) and 33.08% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 47.98% |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 36.65% |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 34.42% |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 41.80% |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 42.10% |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 35.57% |
| 10 | American Express | 204.37 Bn | -3.81 Bn | - | 20.73% |
Historic 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% |
Morgan Stanley EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=MS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "MS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=MS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();