Morgan Stanley (MS) Interest Expense - Debt (2009 - 2026)
Morgan Stanley's Interest Expense - Debt was $3.41 billion in Q2 2026, up 6.6% from $3.2 billion a year earlier and up 7.1% from the prior quarter.
Morgan Stanley (MS) Interest Expense - Debt (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Morgan Stanley's Interest Expense - Debt was $12.93 billion through Jun 30, 2026, up 0.2% year-over-year; for FY2025, it came in at $12.56 billion, down 5.2% from FY2024.
- Interest Expense - Debt shows a five-year compound annual growth rate of 31.0% (FY2020 to FY2025).
- In earlier years, Interest Expense - Debt was $13.24 billion in FY2024 (+15.8%), $11.44 billion in FY2023 (+126.3%), $5.05 billion in FY2022 (+85.5%) and $2.73 billion in FY2021 (-16.2%).
- The Q2 2026 figure marks the highest quarterly Interest Expense - Debt since Q3 2024.
- Compared with a year earlier, Interest Expense - Debt was higher in four of the last eight quarters, with growth averaging 1.1%.
- The best year-over-year quarter for Interest Expense - Debt over five years was Q1 2023 (growth of 265.8%); the worst was Q3 2021 (a decline of 16.4%).
- Per Business Quant data, MS's Interest Expense - Debt in the three quarters before Q2 2026 was $3.18 billion (Q1 2026), $3.16 billion (Q4 2025) and $3.18 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 4.47 Bn |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 3.10 Bn |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 3.41 Bn |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 2.62 Bn |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 2.39 Bn |
| 10 | American Express | 204.37 Bn | -3.81 Bn | - | 682.00 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
Morgan Stanley Interest Expense - Debt 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=interest-expense-debt&ticker=MS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "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=interest-expense-debt&ticker=MS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();