Morgan Stanley (MS) Free Cash Flow (2009 - 2025)
Morgan Stanley (MS) reported Free Cash Flow of -$3.57 billion for Q2 2026, compared with $11.07 billion a year earlier.
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 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
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow-annual", "ticker": "MS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow-annual&ticker=MS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();