Morgan Stanley (MS) Tax Rate (2009 - 2026)

Morgan Stanley (MS) has reported Tax Rate for 18 consecutive years, with 23.07% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Tax Rate rose 41.0% year-over-year to 23.07% in Q2 2026; TTM through Jun 2026 was 22.09%, a 70.0% decrease from a year earlier, with the FY2025 full-year figure at 22.45%, down 66.0% from the prior year.
• Tax Rate was 23.07% for Q2 2026 at Morgan Stanley, up from 19.58% in the prior quarter.
• Over five years, Tax Rate peaked at 26.48% in Q4 2023 and troughed at 18.9% in Q4 2022.
• A 5-year average of 22.06% and a median of 22.61% in 2023 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate slumped 502 bps in 2022 and soared 758 bps in 2023, its largest moves.
• Over 5 years, Tax Rate stood at 18.9% in 2022, then jumped by 40 bps to 26.48% in 2023, then retreated by 9 bps to 24.09% in 2024, then fell by 4 bps to 23.19% in 2025, then retreated by 1 bps to 23.07% in 2026.
• The last three Tax Rate figures came in at 23.07% (Q2 2026), 19.58% (Q1 2026), and 23.19% (Q4 2025), per Business Quant data.