Morgan Stanley (MS) Interest Expenses (2009 - 2026)
Morgan Stanley (MS) posted quarterly Interest Expenses of $14.2 billion for Q1 2026, up 13.89% year-over-year from $12.5 billion in Q1 2025, and up 14.35% quarter-over-quarter from $12.4 billion in Q4 2025.
Morgan Stanley (MS) Interest Expenses (2009 - 2026) Analysis & Trends
Morgan Stanley (MS) has reported Interest Expenses for 18 consecutive years, with $14.2 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses rose 13.89% year-over-year to $14.2 billion; the TTM figure through Mar 2026 stood at $52.1 billion (up 11.26% YoY), while the FY2025 annual figure was $49.0 billion, up 5.73% from the prior year.
- Interest Expenses rose to $14.2 billion in Q1 2026 per MS's latest filing, from $12.4 billion in the prior quarter.
- Across five years, Interest Expenses topped out at $14.2 billion in Q1 2026 and bottomed at $623.0 million in Q1 2022.
- Historically, Interest Expenses has averaged $9.3 billion across 5 years, with a median of $10.9 billion in 2024.
- Annual changes were most pronounced in 2022 — Interest Expenses soared 10217.91% — and 2025, when it climbed 4.93%.
- Morgan Stanley's Interest Expenses stood at $6.9 billion in 2022, then gained by 5.89% to $7.3 billion in 2023, then surged by 49.44% to $10.9 billion in 2024, then rose by 13.48% to $12.4 billion in 2025, then climbed by 14.35% to $14.2 billion in 2026.
- Business Quant data shows MS's Interest Expenses at $14.2 billion in Q1 2026, $12.4 billion in Q4 2025, and $13.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 13.12 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 18.09 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 789.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 102.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 1.18 Bn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 101.50 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 505,000.00 |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | - |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | UP Fintech Holding | 13.78 Bn | 13.78 Bn | - | -18.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.12 Bn |
| Jun 30, 2026 | 13.12 Bn |
| Mar 31, 2026 | 14.20 Bn |
| Mar 31, 2026 | 14.20 Bn |
| Dec 31, 2025 | 12.41 Bn |
| Dec 31, 2025 | 12.41 Bn |
| Sep 30, 2025 | 12.97 Bn |
| Sep 30, 2025 | 12.97 Bn |
| Jun 30, 2025 | 12.56 Bn |
| Jun 30, 2025 | 12.56 Bn |
| Mar 31, 2025 | 12.46 Bn |
| Mar 31, 2025 | 12.46 Bn |
| Dec 31, 2024 | 10.94 Bn |
| Dec 31, 2024 | 10.94 Bn |
| Sep 30, 2024 | 11.99 Bn |
| Sep 30, 2024 | 11.99 Bn |
| Jun 30, 2024 | 11.46 Bn |
| Jun 30, 2024 | 11.46 Bn |
| Mar 31, 2024 | 11.88 Bn |
| Mar 31, 2024 | 11.88 Bn |