Morgan Stanley (MS) Non-Current Debt (2010 - 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.
Morgan Stanley (MS) Non-Current Debt (2010 - 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | - |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | - |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | - |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 29.82 Bn |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | - |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 347.96 Bn |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 106.10 Bn |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | - |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | American Express | 210.06 Bn | 9.55 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.82 Bn |
| Mar 31, 2026 | 22.67 Bn |
| Dec 31, 2025 | 21.60 Bn |
| Sep 30, 2025 | 21.44 Bn |
| Jun 30, 2025 | 23.54 Bn |
| Mar 31, 2025 | 22.27 Bn |
| Dec 31, 2024 | 21.60 Bn |
| Sep 30, 2024 | 18.14 Bn |
| Jun 30, 2024 | 17.14 Bn |
| Mar 31, 2024 | 15.09 Bn |
| Dec 31, 2023 | 12.66 Bn |
| Sep 30, 2023 | 9.67 Bn |
| Jun 30, 2023 | 8.29 Bn |
| Mar 31, 2023 | 8.67 Bn |
| Dec 31, 2022 | 8.16 Bn |
| Sep 30, 2022 | 7.70 Bn |
| Jun 30, 2022 | 7.24 Bn |
| Mar 31, 2022 | 8.81 Bn |
| Dec 31, 2021 | 10.04 Bn |
| Sep 30, 2021 | 10.27 Bn |
Morgan Stanley Non-Current Debt 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_KEY
import 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();