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

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

Historic Data

Download Data
DateValue
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