KPIs & Operating Metrics(New)

Morgan Stanley (MS) Tax Rate: 2009-2025

Historic Tax Rate for Morgan Stanley (MS) over the last 17 years, with Sep 2025 value amounting to 22.78%.

  • Morgan Stanley's Tax Rate fell 80.00% to 22.78% in Q3 2025 from the same period last year, while for Sep 2025 it was 22.63%, marking a year-over-year decrease of 63.00%. This contributed to the annual value of 23.11% for FY2024, which is 125.00% up from last year.
  • Per Morgan Stanley's latest filing, its Tax Rate stood at 22.78% for Q3 2025, which was up 0.55% from 22.65% recorded in Q2 2025.
  • In the past 5 years, Morgan Stanley's Tax Rate ranged from a high of 26.48% in Q4 2023 and a low of 18.90% during Q4 2022.
  • In the last 3 years, Morgan Stanley's Tax Rate had a median value of 22.65% in 2025 and averaged 22.58%.
  • Its Tax Rate has fluctuated over the past 5 years, first plummeted by 502bps in 2022, then soared by 758bps in 2023.
  • Quarterly analysis of 5 years shows Morgan Stanley's Tax Rate stood at 23.91% in 2021, then slumped by 502bps to 18.90% in 2022, then spiked by 758bps to 26.48% in 2023, then plummeted by 239bps to 24.09% in 2024, then slumped by 80bps to 22.78% in 2025.
  • Its Tax Rate was 22.78% in Q3 2025, compared to 22.65% in Q2 2025 and 21.16% in Q1 2025.