Morgan Stanley (MS) Tax Provisions (2009 - 2026)
Morgan Stanley's (MS) quarterly Tax Provisions came in at $1.7 billion in Q2 2026, up 61.89% year-over-year from $1.0 billion in Q2 2025, and up 23.45% quarter-over-quarter from $1.4 billion in Q1 2026.
Analysis
Morgan Stanley (MS) Tax Provisions (2009 - 2026) Analysis & Trends
Morgan Stanley (MS) has reported Tax Provisions for 18 consecutive years, with $1.7 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Provisions rose 61.89% year-over-year to $1.7 billion in Q2 2026; TTM through Jun 2026 was $5.8 billion, a 31.39% increase from a year earlier, with the FY2025 full-year figure at $4.9 billion, up 21.19% from the prior year.
- Tax Provisions was $1.7 billion for Q2 2026 at Morgan Stanley, up from $1.4 billion in the prior quarter.
- Over five years, Tax Provisions peaked at $1.7 billion in Q2 2026 and troughed at $528.0 million in Q4 2022.
- A 5-year average of $975.4 million and a median of $945.0 million in 2024 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions tumbled 54.79% in 2022 and soared 112.97% in 2024, its largest moves.
- Over 5 years, Tax Provisions stood at $528.0 million in 2022, then advanced by 5.11% to $555.0 million in 2023, then soared by 112.97% to $1.2 billion in 2024, then advanced by 13.03% to $1.3 billion in 2025, then gained by 26.87% to $1.7 billion in 2026.
- The last three Tax Provisions figures came in at $1.7 billion (Q2 2026), $1.4 billion (Q1 2026), and $1.3 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 439.96 Bn | -148.54 Bn | 30.39 Bn | 2.49 Bn |
| 2 | Morgan Stanley | 336.99 Bn | 176.86 Bn | - | 1.70 Bn |
| 3 | Goldman Sachs | 299.92 Bn | -676.43 Bn | - | 1.94 Bn |
| 4 | Royal Bank Of Canada | 288.24 Bn | 61.39 Bn | - | 1.24 Bn |
| 5 | Mitsubishi Ufj Financial | 283.40 Bn | -100.92 Bn | 10.89 Bn | 1.70 Bn |
| 6 | Wells Fargo & Company | 273.32 Bn | 71.49 Bn | - | 1.40 Bn |
| 7 | Banco Santander | 219.61 Bn | 227.22 Bn | 28.01 Bn | - |
| 8 | American Express | 219.16 Bn | 169.84 Bn | 17.99 Bn | 961.00 Mn |
| 9 | Toronto Dominion Bank | 204.38 Bn | 43.05 Bn | - | 883.59 Mn |
| 10 | Schwab Charles | 185.52 Bn | 111.93 Bn | - | 869.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.70 Bn |
| Mar 31, 2026 | 1.37 Bn |
| Dec 31, 2025 | 1.34 Bn |
| Sep 30, 2025 | 1.37 Bn |
| Jun 30, 2025 | 1.05 Bn |
| Mar 31, 2025 | 1.17 Bn |
| Dec 31, 2024 | 1.18 Bn |
| Sep 30, 2024 | 995.00 Mn |
| Jun 30, 2024 | 957.00 Mn |
| Mar 31, 2024 | 933.00 Mn |
| Dec 31, 2023 | 555.00 Mn |
| Sep 30, 2023 | 710.00 Mn |
| Jun 30, 2023 | 591.00 Mn |
| Mar 31, 2023 | 727.00 Mn |
| Dec 31, 2022 | 528.00 Mn |
| Sep 30, 2022 | 726.00 Mn |
| Jun 30, 2022 | 783.00 Mn |
| Mar 31, 2022 | 873.00 Mn |
| Dec 31, 2021 | 1.17 Bn |
| Sep 30, 2021 | 1.15 Bn |