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
Download Data
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 |