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

Morgan Stanley (MS) has reported FCF Margin for 17 consecutive years, with 38.15% the latest figure, recorded in Q1 2026.

• In Q1 2026, FCF Margin rose 10103.0% year-over-year to 38.15%; the TTM figure through Mar 2026 stood at 5.38% (up 4175.0% YoY), while the FY2025 annual figure was 29.42%, down 2602.0% from the prior year.
• FCF Margin fell to 38.15% in Q1 2026 per MS's latest filing, from 17.43% in the prior quarter.
• Across five years, FCF Margin topped out at 107.48% in Q2 2022 and bottomed at 144.86% in Q4 2023.
• Historically, FCF Margin has averaged 30.48% across 5 years, with a median of 22.2% in 2025.
• Annual changes were most pronounced in 2023 — FCF Margin tumbled 18563 bps — and 2024, when it surged 21218 bps.
• Morgan Stanley's FCF Margin stood at 115.82% in 2022, then declined by 25 bps to 144.86% in 2023, then jumped by 146 bps to 67.32% in 2024, then tumbled by 126 bps to 17.43% in 2025, then slumped by 119 bps to 38.15% in 2026.
• Business Quant data shows MS's FCF Margin at 38.15% in Q1 2026, 17.43% in Q4 2025, and 22.2% in Q3 2025.