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

Morgan Stanley (MS) Interest Expense - Debt (2009 - 2026)

Morgan Stanley's (MS) quarterly Interest Expense - Debt came in at $3.4 billion in Q2 2026, up 6.6% year-over-year from $3.2 billion in Q2 2025, and up 7.13% quarter-over-quarter from $3.2 billion in Q1 2026.

Analysis

Morgan Stanley (MS) Interest Expense - Debt (2009 - 2026) Analysis & Trends

Morgan Stanley (MS) has reported Interest Expense - Debt for 18 consecutive years, with $3.4 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Interest Expense - Debt rose 6.6% year-over-year to $3.4 billion in Q2 2026; TTM through Jun 2026 was $12.9 billion, a 0.19% change from a year earlier, with the FY2025 full-year figure at $12.6 billion, down 5.18% from the prior year.
  • Interest Expense - Debt was $3.4 billion for Q2 2026 at Morgan Stanley, up from $3.2 billion in the prior quarter.
  • Over five years, Interest Expense - Debt peaked at $3.4 billion in Q3 2024 and troughed at $685.0 million in Q1 2022.
  • A 5-year average of $2.7 billion and a median of $3.2 billion in 2023 frame the typical range for Interest Expense - Debt.
  • Across the five-year window, Interest Expense - Debt surged 265.84% in 2023 and decreased 7.37% in 2025, its largest moves.
  • Over 5 years, Interest Expense - Debt stood at $2.1 billion in 2022, then soared by 53.59% to $3.2 billion in 2023, then advanced by 2.74% to $3.3 billion in 2024, then declined by 3.04% to $3.2 billion in 2025, then advanced by 7.98% to $3.4 billion in 2026.
  • The last three Interest Expense - Debt figures came in at $3.4 billion (Q2 2026), $3.2 billion (Q1 2026), and $3.2 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Debt (Qtr)
1 Bank Of America 439.96 Bn -148.54 Bn 30.39 Bn 6.61 Bn
2 Morgan Stanley 336.99 Bn 176.86 Bn - 3.41 Bn
3 Goldman Sachs 299.92 Bn -676.43 Bn - 2.62 Bn
4 Royal Bank Of Canada 288.24 Bn 61.39 Bn - 1.07 Bn
5 Mitsubishi Ufj Financial 283.40 Bn -100.92 Bn 10.89 Bn -
6 Wells Fargo & Company 273.32 Bn 71.49 Bn - 2.39 Bn
7 Banco Santander 219.61 Bn 227.22 Bn 28.01 Bn -
8 American Express 219.16 Bn 169.84 Bn 17.99 Bn 682.00 Mn
9 Toronto Dominion Bank 204.38 Bn 43.05 Bn - 7.55 Bn
10 Schwab Charles 185.52 Bn 111.93 Bn - 228.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.41 Bn
Mar 31, 2026 3.18 Bn
Dec 31, 2025 3.16 Bn
Sep 30, 2025 3.18 Bn
Jun 30, 2025 3.20 Bn
Mar 31, 2025 3.02 Bn
Dec 31, 2024 3.26 Bn
Sep 30, 2024 3.43 Bn
Jun 30, 2024 3.33 Bn
Mar 31, 2024 3.22 Bn
Dec 31, 2023 3.17 Bn
Sep 30, 2023 2.99 Bn
Jun 30, 2023 2.77 Bn
Mar 31, 2023 2.51 Bn
Dec 31, 2022 2.06 Bn
Sep 30, 2022 1.37 Bn
Jun 30, 2022 934.00 Mn
Mar 31, 2022 685.00 Mn
Dec 31, 2021 695.00 Mn
Sep 30, 2021 597.00 Mn