Morgan Stanley (MS) Return on Equity [ROE] (2010 - 2025)
Morgan Stanley (MS) recorded Return on Equity [ROE] of 17.50% in Q2 2026, up 3.78 percentage points from 13.72% a year earlier and up 1.46 percentage points from the prior quarter.
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Analysis
Morgan Stanley (MS) Return on Equity [ROE] (2010 - 2025) Analysis & Trends
For FY2025, Morgan Stanley reported Return on Equity [ROE] of 15.61%, up 2.44 percentage points from FY2024.
- Annual Return on Equity [ROE] has a five-year change of +3.58 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Equity [ROE] came in at 13.17% in FY2024 (+4.00 pp), 9.17% in FY2023 (-1.58 pp), 10.76% in FY2022 (-3.66 pp) and 14.42% in FY2021 (+2.39 pp).
- The Q2 2026 figure is the highest quarterly Return on Equity [ROE] in data going back to Q1 2010.
- On a year-over-year basis, Return on Equity [ROE] has increased for nine consecutive quarters, with an average year-over-year change of +3.05 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 3.89 percentage points in Q1 2025, against a drop of 3.59 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 16.04% (Q1 2026), 15.22% (Q4 2025) and 14.82% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Yr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 16.13% |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 10.22% |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | 12.07% |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 15.25% |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 15.61% |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 13.91% |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 11.73% |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | 9.66% |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 33.99% |
| 10 | Toronto Dominion Bank | 211.21 Bn | -464.66 Bn | - | 16.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 15.61% |
| Dec 31, 2024 | 13.17% |
| Dec 31, 2023 | 9.17% |
| Dec 31, 2022 | 10.76% |
| Dec 31, 2021 | 14.42% |
| Dec 31, 2020 | 12.03% |
| Dec 31, 2019 | 11.26% |
| Dec 31, 2018 | 11.11% |
| Dec 31, 2017 | 7.99% |
| Dec 31, 2016 | 7.99% |
| Dec 31, 2015 | 8.47% |
| Dec 31, 2014 | 5.20% |
| Dec 31, 2013 | 5.37% |
| Dec 31, 2012 | 1.06% |
| Dec 31, 2011 | 6.86% |
| Dec 31, 2010 | 9.65% |
API Access
Morgan Stanley Return on Equity [ROE] 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=return-on-equity-%5Broe%5D-annual&ticker=MS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]-annual", "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=return-on-equity-%5Broe%5D-annual&ticker=MS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();