Morgan Stanley (MS) Exchange Rate Effect (2010 - 2026)
Morgan Stanley (MS) posted quarterly Exchange Rate Effect of -$928.0 million for Q1 2026, down 170.41% year-over-year from $1.3 billion in Q1 2025, and down 359.41% quarter-over-quarter from -$202.0 million in Q4 2025.
Morgan Stanley (MS) Exchange Rate Effect (2010 - 2026) Analysis & Trends
Morgan Stanley (MS) has reported Exchange Rate Effect for 17 consecutive years, with -$928.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Exchange Rate Effect fell 170.41% year-over-year to -$928.0 million; the TTM figure through Mar 2026 stood at $973.0 million (up 8008.33% YoY), while the FY2025 annual figure was $3.2 billion, up 228.55% from the prior year.
- Exchange Rate Effect eased to -$928.0 million in Q1 2026 per MS's latest filing, from -$202.0 million in the prior quarter.
- Across five years, Exchange Rate Effect topped out at $3.6 billion in Q4 2022 and bottomed at -$3.3 billion in Q3 2022.
- Historically, Exchange Rate Effect has averaged -$237.9 million across 5 years, with a median of -$464.0 million in 2025.
- Annual changes were most pronounced in 2022 — Exchange Rate Effect tumbled 2307.59% — and 2025, when it soared 529.26%.
- Morgan Stanley's Exchange Rate Effect stood at $3.6 billion in 2022, then plunged by 52.45% to $1.7 billion in 2023, then sank by 254.02% to -$2.6 billion in 2024, then surged by 92.24% to -$202.0 million in 2025, then plunged by 359.41% to -$928.0 million in 2026.
- Business Quant data shows MS's Exchange Rate Effect at -$928.0 million in Q1 2026, -$202.0 million in Q4 2025, and -$464.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | -503.00 Mn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | -713.00 Mn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | -3.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | -57.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | -441,000.00 |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | -1.90 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | UP Fintech Holding | 13.78 Bn | 13.78 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -503.00 Mn |
| Jun 30, 2026 | -503.00 Mn |
| Mar 31, 2026 | -928.00 Mn |
| Mar 31, 2026 | -928.00 Mn |
| Dec 31, 2025 | -202.00 Mn |
| Dec 31, 2025 | -202.00 Mn |
| Sep 30, 2025 | -464.00 Mn |
| Sep 30, 2025 | -464.00 Mn |
| Jun 30, 2025 | 2.57 Bn |
| Jun 30, 2025 | 2.57 Bn |
| Mar 31, 2025 | 1.32 Bn |
| Mar 31, 2025 | 1.32 Bn |
| Dec 31, 2024 | -2.60 Bn |
| Dec 31, 2024 | -2.60 Bn |
| Sep 30, 2024 | 1.90 Bn |
| Sep 30, 2024 | 1.90 Bn |
| Jun 30, 2024 | -598.00 Mn |
| Jun 30, 2024 | -598.00 Mn |
| Mar 31, 2024 | -1.20 Bn |
| Mar 31, 2024 | -1.20 Bn |