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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |