Morgan Stanley (MS) Return on Equity [ROE] (2010 - 2026)
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 - 2026) 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 (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 17.62% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 11.19% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | 13.21% |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 17.50% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 15.91% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 17.08% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 11.72% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 12.67% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | 12.87% |
| 10 | American Express | 210.06 Bn | 9.55 Bn | - | 34.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.50% |
| Mar 31, 2026 | 16.04% |
| Dec 31, 2025 | 15.22% |
| Sep 30, 2025 | 14.82% |
| Jun 30, 2025 | 13.72% |
| Mar 31, 2025 | 13.54% |
| Dec 31, 2024 | 12.88% |
| Sep 30, 2024 | 11.00% |
| Jun 30, 2024 | 10.46% |
| Mar 31, 2024 | 9.65% |
| Dec 31, 2023 | 9.22% |
| Sep 30, 2023 | 9.88% |
| Jun 30, 2023 | 10.02% |
| Mar 31, 2023 | 10.33% |
| Dec 31, 2022 | 11.00% |
| Sep 30, 2022 | 12.34% |
| Jun 30, 2022 | 13.24% |
| Mar 31, 2022 | 13.92% |
| Dec 31, 2021 | 14.15% |
| Sep 30, 2021 | 13.76% |
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&ticker=MS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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&ticker=MS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();