Morgan Stanley MS
NYSE MS
$214.38 +1.67 (+0.79%)
At close: Sep 11, 2026 · 4:00 PM EDT

Morgan Stanley (MS) FCF Margin (2010 - 2026)

Morgan Stanley's (MS) quarterly FCF Margin came in at 16.7% in Q2 2026, down 8260.0% year-over-year from 0.2% in Q2 2025, and up 56.22% quarter-over-quarter from 38.15% in Q1 2026.

Analysis

Morgan Stanley (MS) FCF Margin (2010 - 2026) Analysis & Trends

Morgan Stanley (MS) has reported FCF Margin for 17 consecutive years, with 16.7% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, FCF Margin fell 8260.0% year-over-year to 16.7% in Q2 2026; TTM through Jun 2026 was 23.81%, a 785.0% increase from a year earlier, with the FY2025 full-year figure at 29.42%, down 2602.0% from the prior year.
  • FCF Margin was 16.7% for Q2 2026 at Morgan Stanley, up from 38.15% in the prior quarter.
  • Over five years, FCF Margin peaked at 107.48% in Q2 2022 and troughed at 144.86% in Q4 2023.
  • A 5-year average of 29.72% and a median of 19.82% in 2025 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin plunged 18563 bps in 2023 and jumped 21218 bps in 2024, its largest moves.
  • Over 5 years, FCF Margin stood at 115.82% in 2022, then slipped by 25 bps to 144.86% in 2023, then surged by 146 bps to 67.32% in 2024, then tumbled by 126 bps to 17.43% in 2025, then advanced by 4 bps to 16.7% in 2026.
  • The last three FCF Margin figures came in at 16.7% (Q2 2026), 38.15% (Q1 2026), and 17.43% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Bank Of America 439.96 Bn -148.54 Bn 30.39 Bn 92.03%
2 Morgan Stanley 336.99 Bn 176.86 Bn - -16.70%
3 Goldman Sachs 299.92 Bn -676.43 Bn - 27.55%
4 Royal Bank Of Canada 288.24 Bn 61.39 Bn - 189.34%
5 Mitsubishi Ufj Financial 283.40 Bn -100.92 Bn 10.89 Bn -
6 Wells Fargo & Company 273.32 Bn 71.49 Bn - 29.95%
7 Banco Santander 219.61 Bn 227.22 Bn 28.01 Bn 619.29%
8 American Express 219.16 Bn 169.84 Bn 17.99 Bn 22.78%
9 Toronto Dominion Bank 204.38 Bn 43.05 Bn - 48.23%
10 Schwab Charles 185.52 Bn 111.93 Bn - 58.19%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -16.70%
Mar 31, 2026 -38.15%
Dec 31, 2025 -17.43%
Sep 30, 2025 -22.20%
Jun 30, 2025 65.90%
Mar 31, 2025 -139.18%
Dec 31, 2024 67.32%
Sep 30, 2024 -118.57%
Jun 30, 2024 11.15%
Mar 31, 2024 23.41%
Dec 31, 2023 -144.86%
Sep 30, 2023 21.35%
Jun 30, 2023 -78.15%
Mar 31, 2023 -72.91%
Dec 31, 2022 -115.82%
Sep 30, 2022 -64.76%
Jun 30, 2022 107.48%
Mar 31, 2022 -2.79%
Dec 31, 2021 -2.07%
Sep 30, 2021 10.23%