Morgan Stanley (MS) Net Long-Term Debt Issued (Repaid) (2009 - 2026)
Morgan Stanley (MS) recorded Non-Current Debt of $29.82 billion in Q2 2026, up 26.7% from $23.54 billion a year earlier and up 31.6% from the prior quarter.
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Analysis
Morgan Stanley (MS) Net Long-Term Debt Issued (Repaid) (2009 - 2026) Analysis & Trends
At the end of FY2025, Morgan Stanley reported Non-Current Debt of $21.6 billion, unchanged from FY2024.
- Annual Non-Current Debt has a five-year compound annual growth rate of 6.4% (FY2020 to FY2025).
- Across earlier years, Non-Current Debt came in at $21.6 billion in FY2024 (+70.7%), $12.66 billion in FY2023 (+55.1%), $8.16 billion in FY2022 (-18.8%) and $10.04 billion in FY2021 (-36.7%).
- The Q2 2026 figure is the highest quarterly Non-Current Debt since Q3 2016.
- On a year-over-year basis, Non-Current Debt rose in seven of the last eight quarters, with growth averaging 36.2%.
- Peak year-over-year performance for Non-Current Debt in the last five years was growth of 106.7% in Q2 2024, against a decline of 36.7% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $22.67 billion (Q1 2026), $21.6 billion (Q4 2025) and $21.44 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 8.51 Bn |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | -11.99 Bn |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | 6.33 Bn |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | - |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | 22.36 Bn |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | - |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | 7.07 Bn |
| 10 | American Express | 215.12 Bn | 14.60 Bn | - | 2.43 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.33 Bn |
| Jun 30, 2026 | 16.77 Bn |
| Mar 31, 2026 | 28.63 Bn |
| Dec 31, 2025 | 16.79 Bn |
| Sep 30, 2025 | -1.26 Bn |
| Jun 30, 2025 | 12.66 Bn |
| Mar 31, 2025 | 11.59 Bn |
| Dec 31, 2024 | 2.36 Bn |
| Sep 30, 2024 | 10.04 Bn |
| Jun 30, 2024 | 5.38 Bn |
| Mar 31, 2024 | 10.36 Bn |
| Dec 31, 2023 | 1.55 Bn |
| Sep 30, 2023 | 6.27 Bn |
| Jun 30, 2023 | -216.00 Mn |
| Mar 31, 2023 | 6.02 Bn |
| Dec 31, 2022 | 10.30 Bn |
| Sep 30, 2022 | 7.01 Bn |
| Jun 30, 2022 | 11.07 Bn |
| Mar 31, 2022 | 9.19 Bn |
| Dec 31, 2021 | 3.26 Bn |
API Access
Morgan Stanley Net Long-Term Debt Issued (Repaid) 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=non-current-debt&ticker=MS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "MS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=MS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();