Morgan Stanley MS
NYSE MS
$181.39 -1.08 (-0.59%)
At close: Nov 6, 2026 · 4:00 PM EST

Morgan Stanley (MS) Free Cash Flow (2009 - 2025)

Updated

Morgan Stanley (MS) reported Free Cash Flow of -$3.57 billion for Q2 2026, compared with $11.07 billion a year earlier.

Analysis

Morgan Stanley (MS) Free Cash Flow (2009 - 2025) Analysis & Trends

Over the twelve months ended Jun 30, 2026, Morgan Stanley's Free Cash Flow came in at -$18.58 billion; for FY2025, it came in at -$20.79 billion.

  • By year, Free Cash Flow came in at -$2.1 billion in FY2024, -$36.95 billion in FY2023, -$9.48 billion in FY2022 and $31.66 billion in FY2021.
  • Five-year quarterly Free Cash Flow spans a low of -$24.69 billion in Q1 2025 and a high of $14.11 billion in Q2 2022.
  • Per Business Quant data, the three quarters before Q2 2026 came in at -$7.85 billion (Q1 2026), -$3.12 billion (Q4 2025) and -$4.05 billion (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Yr)
1 Jpmorgan Chase 896.53 Bn 896.53 Bn - -147.78 Bn
2 Bank Of America 354.20 Bn -2,021.91 Bn - 12.61 Bn
3 Hsbc Holdings 303.54 Bn -1,800.05 Bn - 28.32 Bn
4 Royal Bank Of Canada 283.29 Bn -546.75 Bn - 39.44 Bn
5 Morgan Stanley 281.19 Bn -262.84 Bn - -20.79 Bn
6 Goldman Sachs 256.26 Bn -3,487.19 Bn - -47.22 Bn
7 Wells Fargo & Company 253.33 Bn 253.33 Bn - -19.00 Bn
8 Mitsubishi Ufj Financial 238.77 Bn -102.62 Bn 10.89 Bn -24.38 Bn
9 American Express 216.03 Bn 15.51 Bn - 16.00 Bn
10 Toronto Dominion Bank 211.21 Bn -464.66 Bn - -49.75 Bn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 -20.79 Bn
Dec 31, 2024 -2.10 Bn
Dec 31, 2023 -36.95 Bn
Dec 31, 2022 -9.48 Bn
Dec 31, 2021 31.66 Bn
Dec 31, 2020 -26.68 Bn
Dec 31, 2019 38.95 Bn
Dec 31, 2018 5.44 Bn
Dec 31, 2017 -6.13 Bn
Dec 31, 2016 4.11 Bn
Dec 31, 2015 -5.84 Bn
Dec 31, 2014 94.00 Mn
Dec 31, 2013 33.69 Bn
Dec 31, 2012 23.45 Bn
Dec 31, 2011 14.08 Bn
Dec 31, 2010 39.41 Bn
Dec 31, 2009 -48.83 Bn
API Access

Morgan Stanley Free Cash Flow 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=free-cash-flow-annual&ticker=MS&period=max&api_key=YOUR_API_KEY