Morgan Stanley (MS) EV to EBITDA (2010 - 2026)
Morgan Stanley's (MS) EV to EBITDA came in at 2.07 for Q2 2026, up 27.3% from 1.63 a year earlier and up 28.0% from the prior quarter.
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Analysis
Morgan Stanley (MS) EV to EBITDA (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBITDA at Morgan Stanley was -2.22; for FY2025, it was 2.24, up 58.2% from FY2024.
- Annual EV to EBITDA has increased for three consecutive years.
- In prior years, Morgan Stanley's EV to EBITDA was 1.41 in FY2024 (+21.6%), 1.16 in FY2023 (+146.6%), 0.47 in FY2022 (-74.2%) and 1.83 in FY2021 (+119.8%).
- Quarterly EV to EBITDA has run from a low of -0.01 in Q2 2022 to a high of 2.24 in Q4 2025 over five years.
- On a year-over-year basis, EV to EBITDA has increased in each of the last nine quarters, with growth averaging 54.1% over the last eight quarters.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q4 2023, with growth of 146.6%; the weakest was Q4 2022, with a decline of 74.2%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 1.62 (Q1 2026), 2.24 (Q4 2025) and 2.01 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - |
| 10 | American Express | 210.06 Bn | 9.55 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.07 |
| Mar 31, 2026 | 1.62 |
| Dec 31, 2025 | 2.24 |
| Sep 30, 2025 | 2.01 |
| Jun 30, 2025 | 1.63 |
| Mar 31, 2025 | 1.39 |
| Dec 31, 2024 | 1.41 |
| Sep 30, 2024 | 1.18 |
| Jun 30, 2024 | 1.08 |
| Mar 31, 2024 | 0.88 |
| Dec 31, 2023 | 1.16 |
| Sep 30, 2023 | 0.51 |
| Jun 30, 2023 | 0.84 |
| Mar 31, 2023 | 0.96 |
| Dec 31, 2022 | 0.47 |
| Sep 30, 2022 | 0.86 |
| Jun 30, 2022 | -0.01 |
| Mar 31, 2022 | 0.71 |
| Dec 31, 2021 | 1.83 |
| Sep 30, 2021 | 2.05 |
API Access
Morgan Stanley EV to EBITDA 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=ev-to-ebitda&ticker=MS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=MS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();