Morgan Stanley MS
NYSE MS
$181.58 -0.86 (-0.47%)
As of: Nov 6, 2026 · 3:59 PM EST

Morgan Stanley (MS) Net Income (2009 - 2025)

Updated

Morgan Stanley (MS) recorded Net Income of $5.65 billion in Q2 2026, up 58.1% from $3.58 billion a year earlier and up 0.3% from the prior quarter.

Analysis

Morgan Stanley (MS) Net Income (2009 - 2025) Analysis & Trends

On a TTM basis, Morgan Stanley's Net Income came in at $20.37 billion as of Jun 30, 2026, up 36.7% year-over-year; for FY2025, it was $17.03 billion, up 25.8% from FY2024.

  • Annual Net Income has a five-year compound annual growth rate of 8.8% (FY2020 to FY2025).
  • Across earlier years, Net Income came in at $13.53 billion in FY2024 (+46.6%), $9.23 billion in FY2023 (-17.4%), $11.18 billion in FY2022 (-26.1%) and $15.12 billion in FY2021 (+35.3%).
  • The Q2 2026 figure is the highest quarterly Net Income in data going back to Q1 2009.
  • On a year-over-year basis, Net Income has increased for ten consecutive quarters, with growth averaging 45.7% over the last eight quarters.
  • Peak year-over-year performance for Net Income in the last five years was growth of 141.7% in Q4 2024, against a decline of 39.0% in Q4 2022 at the low end.
  • Per Business Quant, the preceding three quarters came in at $5.64 billion (Q1 2026), $4.42 billion (Q4 2025) and $4.66 billion (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Yr)
1 Jpmorgan Chase 896.53 Bn 896.53 Bn - 57.05 Bn
2 Bank Of America 354.20 Bn -2,021.91 Bn - 30.51 Bn
3 Hsbc Holdings 303.54 Bn -1,800.05 Bn - 23.13 Bn
4 Royal Bank Of Canada 283.29 Bn -546.75 Bn - 14.55 Bn
5 Morgan Stanley 281.19 Bn -262.84 Bn - 17.03 Bn
6 Goldman Sachs 256.26 Bn -3,487.19 Bn - 17.18 Bn
7 Wells Fargo & Company 253.33 Bn 253.33 Bn - 21.34 Bn
8 Mitsubishi Ufj Financial 238.77 Bn -102.62 Bn 10.89 Bn 12.52 Bn
9 American Express 216.03 Bn 15.51 Bn - 10.83 Bn
10 Toronto Dominion Bank 211.21 Bn -464.66 Bn - 14.67 Bn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 17.03 Bn
Dec 31, 2024 13.53 Bn
Dec 31, 2023 9.23 Bn
Dec 31, 2022 11.18 Bn
Dec 31, 2021 15.12 Bn
Dec 31, 2020 11.18 Bn
Dec 31, 2019 9.24 Bn
Dec 31, 2018 8.88 Bn
Dec 31, 2017 6.22 Bn
Dec 31, 2016 6.12 Bn
Dec 31, 2015 6.28 Bn
Dec 31, 2014 3.67 Bn
Dec 31, 2013 3.61 Bn
Dec 31, 2012 716.00 Mn
Dec 31, 2011 4.65 Bn
Dec 31, 2010 5.70 Bn
Dec 31, 2009 1.41 Bn
API Access

Morgan Stanley Net Income 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=net-income-annual&ticker=MS&period=max&api_key=YOUR_API_KEY