KPIs & Operating Metrics(New)

Morgan Stanley (MS) Securities Borrowed (2016 - 2025)

Morgan Stanley (MS) has disclosed Securities Borrowed for 17 consecutive years, with $151.9 billion as the latest value for Q4 2025.

  • On a quarterly basis, Securities Borrowed rose 22.65% to $151.9 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $151.9 billion, a 22.65% increase, with the full-year FY2025 number at $151.9 billion, up 22.65% from a year prior.
  • Securities Borrowed was $151.9 billion for Q4 2025 at Morgan Stanley, up from $140.0 billion in the prior quarter.
  • In the past five years, Securities Borrowed ranged from a high of $151.9 billion in Q4 2025 to a low of $121.1 billion in Q4 2023.
  • A 5-year average of $134.2 billion and a median of $134.9 billion in 2022 define the central range for Securities Borrowed.
  • Peak YoY movement for Securities Borrowed: grew 24.92% in 2021, then decreased 9.21% in 2023.
  • Morgan Stanley's Securities Borrowed stood at $129.7 billion in 2021, then increased by 2.82% to $133.4 billion in 2022, then dropped by 9.21% to $121.1 billion in 2023, then increased by 2.29% to $123.9 billion in 2024, then grew by 22.65% to $151.9 billion in 2025.
  • Per Business Quant, the three most recent readings for MS's Securities Borrowed are $151.9 billion (Q4 2025), $140.0 billion (Q2 2025), and $140.2 billion (Q1 2025).