KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Asset ManagementConsolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Financial Services FeesIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest Expense - DebtInterest Expense - DepositsInterest Expense - Fed FundsInterest ExpensesInterest Income - Debt SecuritiesInterest Income - NetInterest Income - TotalInterest income - LoansInvestment Gain (Loss)Net Income towards Common StockholdersNon-Interest IncomeOperating ExpensesOther Non-Interest IncomeOther Operating ExpensesOther interest incomePreferred Dividend PaymentsProfit After TaxProvisionsResearch & DevelopmentRevenueShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTrading IncomeWages, Salaries and Other
Others
Ratios

Morgan Stanley (MS) Tax Rate (2016 - 2025)

Morgan Stanley (MS) has disclosed Tax Rate for 17 consecutive years, with 23.19% as the latest value for Q4 2025.

  • On a quarterly basis, Tax Rate fell 90.0% to 23.19% in Q4 2025 year-over-year; TTM through Dec 2025 was 22.45%, a 66.0% decrease, with the full-year FY2025 number at 22.45%, down 66.0% from a year prior.
  • Tax Rate was 23.19% for Q4 2025 at Morgan Stanley, up from 22.78% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 26.48% in Q4 2023 to a low of 18.9% in Q4 2022.
  • A 5-year average of 22.36% and a median of 22.71% in 2025 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: plummeted -502bps in 2022, then skyrocketed 758bps in 2023.
  • Morgan Stanley's Tax Rate stood at 23.91% in 2021, then dropped by -21bps to 18.9% in 2022, then soared by 40bps to 26.48% in 2023, then fell by -9bps to 24.09% in 2024, then decreased by -4bps to 23.19% in 2025.
  • Per Business Quant, the three most recent readings for MS's Tax Rate are 23.19% (Q4 2025), 22.78% (Q3 2025), and 22.65% (Q2 2025).