Companies: 10,795·Total market cap: $144.5T
Morgan Stanley

Morgan Stanley

MSNYSEFinancial Services● Active
$215.23
+$3.30(+1.56%)
Market Cap$339.5B
P/E Ratio—
52W High$218.32
52W Low$127.34
Overview

Morgan Stanley (MS) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

MS · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $16.86B for FY2025 (fiscal year ending 2025-12-31), up 25.9% year-over-year. Net profit margin was 14.7%. Based on available data, Morgan Stanley has been profitable since at least 2011.

FY2025 Net Income$16.86B▲ +25.9% YoY
Trailing 12M (TTM)$18.18Btrailing 4 quarters sum
Net Profit Margin14.7%$16.86B ÷ $114.98B
YoY Change+25.9%—
5-Year CAGR+8.9%FY2020 → FY2025
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · MS net income history · MS profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$16.86B▲ +25.9%14.7%
FY2024$13.39B▲ +47.4%13.0%
FY2023$9.09B▼ 17.6%10.3%
FY2022$11.03B▼ 26.6%17.6%
FY2021$15.03B▲ +36.7%26.0%

Net income vs peers (Financial Services)

#CompanyNet IncomeYoY
#1
Morgan Stanley
Morgan StanleyYOU
MS
$16.86B+25.9%
#2
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$66.97B-24.8%#3
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-A
$66.97B-24.8%#4
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$57.05B-2.4%#5
Visa Inc.
Visa Inc.
V
$20.06B+1.6%#6
Mastercard Incorporated
Mastercard Incorporated
MA
$14.97B+16.3%
Financial Services · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Morgan Stanley (MS) reported net income of $16.86B for FY2025 (fiscal year ending 2025-12-31), up 25.9% year-over-year. The net profit margin was 14.7% — meaning the company kept $0.15 of every dollar of revenue as profit.

Based on available data, Morgan Stanley has been profitable since at least 2011. Net income reached a peak of $16.86B in FY2025. Data available for 15 fiscal years.

Morgan Stanley's net profit margin was 14.7% for FY2025, based on the latest annual results.

Investors sometimes search for "Morgan Stanley net worth" — the company's market capitalization is a separate figure from MS net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

MS net income · 5 questions

Morgan Stanley is profitable. The company reported net income of $16.86B for FY2025, a net profit margin of 14.7%. Net income was up 25.9% year-over-year. Based on available data, Morgan Stanley has been profitable since at least 2011.

is MS profitabledoes MS make a profitMS profitabilityMS profitable company

▸ Source: FMP /income-statement · GAAP · Morgan Stanley · Morgan Stanley SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026