Morgan Stanley (MS) Invested Capital (2010 - 2026)
Morgan Stanley's (MS) quarterly Invested Capital came in at $240.4 billion in Q2 2026, up 21.4% year-over-year from $198.0 billion in Q2 2025, and down 5.66% quarter-over-quarter from $254.8 billion in Q1 2026.
Analysis
Morgan Stanley (MS) Invested Capital (2010 - 2026) Analysis & Trends
Morgan Stanley (MS) has reported Invested Capital for 17 consecutive years, with $240.4 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Invested Capital rose 21.4% year-over-year to $240.4 billion in Q2 2026; TTM through Jun 2026 was $240.4 billion, a 21.4% increase from a year earlier, with the FY2025 full-year figure at $208.5 billion, up 22.13% from the prior year.
- Invested Capital was $240.4 billion for Q2 2026 at Morgan Stanley, down from $254.8 billion in the prior quarter.
- Over five years, Invested Capital peaked at $254.8 billion in Q1 2026 and troughed at $170.7 billion in Q4 2024.
- A 5-year average of $191.7 billion and a median of $183.5 billion in 2022 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital declined 6.32% in 2023 and jumped 31.53% in 2026, its largest moves.
- Over 5 years, Invested Capital stood at $179.4 billion in 2022, then retreated by 0.98% to $177.7 billion in 2023, then slipped by 3.92% to $170.7 billion in 2024, then grew by 22.13% to $208.5 billion in 2025, then advanced by 15.29% to $240.4 billion in 2026.
- The last three Invested Capital figures came in at $240.4 billion (Q2 2026), $254.8 billion (Q1 2026), and $208.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 439.96 Bn | -148.54 Bn | 30.39 Bn | 707.90 Bn |
| 2 | Morgan Stanley | 336.99 Bn | 176.86 Bn | - | 240.38 Bn |
| 3 | Goldman Sachs | 299.92 Bn | -676.43 Bn | - | 616.25 Bn |
| 4 | Royal Bank Of Canada | 288.24 Bn | 61.39 Bn | - | 230.26 Bn |
| 5 | Mitsubishi Ufj Financial | 283.40 Bn | -100.92 Bn | 10.89 Bn | 237.43 Bn |
| 6 | Wells Fargo & Company | 273.32 Bn | 71.49 Bn | - | 414.80 Bn |
| 7 | Banco Santander | 219.61 Bn | 227.22 Bn | 28.01 Bn | 2,472.89 Bn |
| 8 | American Express | 219.16 Bn | 169.84 Bn | 17.99 Bn | 95.36 Bn |
| 9 | Toronto Dominion Bank | 204.38 Bn | 43.05 Bn | - | 312.70 Bn |
| 10 | Schwab Charles | 185.52 Bn | 111.93 Bn | - | 86.76 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 240.38 Bn |
| Mar 31, 2026 | 254.80 Bn |
| Dec 31, 2025 | 208.50 Bn |
| Sep 30, 2025 | 188.50 Bn |
| Jun 30, 2025 | 198.00 Bn |
| Mar 31, 2025 | 193.72 Bn |
| Dec 31, 2024 | 170.72 Bn |
| Sep 30, 2024 | 180.46 Bn |
| Jun 30, 2024 | 184.36 Bn |
| Mar 31, 2024 | 198.49 Bn |
| Dec 31, 2023 | 177.69 Bn |
| Sep 30, 2023 | 189.88 Bn |
| Jun 30, 2023 | 171.09 Bn |
| Mar 31, 2023 | 178.03 Bn |
| Dec 31, 2022 | 179.44 Bn |
| Sep 30, 2022 | 175.32 Bn |
| Jun 30, 2022 | 182.63 Bn |
| Mar 31, 2022 | 178.37 Bn |
| Dec 31, 2021 | 181.09 Bn |
| Sep 30, 2021 | 180.24 Bn |