Morgan Stanley Debt to Equity Ratio 2011-2025 | MS

Current and historical debt to equity ratio values for Morgan Stanley (MS) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Morgan Stanley debt/equity for the three months ending September 30, 2025 was 3.27.
Morgan Stanley Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2025-09-30 $0.00B 0.00
2025-06-30 $1,244.60B $109.27B 11.39
2025-03-31 $1,192.45B $107.85B 11.06
2024-12-31 $1,109.64B $105.43B 10.53
2024-09-30 $1,153.36B $104.67B 11.02
2024-06-30 $1,110.84B $101.61B 10.93
2024-03-31 $1,128.36B $100.14B 11.27
2023-12-31 $1,093.71B $99.98B 10.94
2023-09-30 $1,068.86B $100.16B 10.67
2023-06-30 $1,063.55B $101.36B 10.49
2023-03-31 $1,097.95B $101.95B 10.77
2022-12-31 $1,079.00B $101.23B 10.66
2022-09-30 $1,057.94B $102.09B 10.36
2022-06-30 $1,071.11B $102.66B 10.43
2022-03-31 $1,118.16B $104.08B 10.74
2021-12-31 $1,081.54B $106.60B 10.15
2021-09-30 $1,083.36B $107.12B 10.11
2021-06-30 $1,053.64B $108.16B 9.74
2021-03-31 $1,051.18B $107.59B 9.77
2020-12-31 $1,012.71B $103.15B 9.82
2020-09-30 $866.12B $89.82B 9.64
2020-06-30 $887.35B $88.01B 10.08
2020-03-31 $860.57B $87.23B 9.87
2019-12-31 $812.73B $82.70B 9.83
2019-09-30 $819.05B $83.55B 9.80
2019-06-30 $809.11B $82.85B 9.77
2019-03-31 $794.07B $81.89B 9.70
2018-12-31 $772.13B $81.41B 9.49
2018-09-30 $785.44B $80.07B 9.81
2018-06-30 $795.37B $80.51B 9.88
2018-03-31 $779.01B $79.49B 9.80
2017-12-31 $773.27B $78.47B 9.86
2017-09-30 $773.58B $80.11B 9.66
2017-06-30 $761.05B $79.97B 9.52
2017-03-31 $753.31B $79.08B 9.53
2016-12-31 $737.77B $77.18B 9.56
2016-09-30 $735.43B $78.46B 9.37
2016-06-30 $750.50B $78.38B 9.58
2016-03-31 $730.32B $77.18B 9.46
2015-12-31 $711.28B $76.18B 9.34
2015-09-30 $757.69B $76.42B 9.92
2015-06-30 $749.69B $76.07B 9.86
2015-03-31 $753.63B $75.47B 9.99
2014-12-31 $729.41B $72.10B 10.12
2014-09-30 $740.50B $74.01B 10.01
2014-06-30 $754.37B $72.20B 10.45
2014-03-31 $761.11B $70.27B 10.83
2013-12-31 $763.67B $69.03B 11.06
2013-09-30 $763.98B $68.24B 11.20
2013-06-30 $736.58B $66.11B 11.14
2013-03-31 $735.31B $66.07B 11.13
2012-12-31 $715.53B $65.43B 10.94
2012-09-30 $699.82B $65.17B 10.74
2012-06-30 $676.88B $71.64B 9.45
2012-03-31 $710.44B $70.59B 10.06
2011-12-31 $679.82B $70.08B 9.70
2011-09-30 $724.85B $70.09B 10.34
2011-06-30 $762.60B $68.14B 11.19
2011-03-31 $769.68B $66.51B 11.57
2010-12-31 $742.29B $65.41B 11.35
2010-09-30 $775.79B $65.58B 11.83
2010-06-30 $750.30B $59.16B 12.68
2010-03-31 $764.54B $55.18B 13.86
2009-12-31 $718.68B $52.78B 13.62
2009-09-30 $717.28B $52.22B 13.74
2009-06-30 $625.49B $51.46B 12.15
2009-03-31 $576.82B $49.21B 11.72
2008-12-31 $627.31B $49.46B 12.68
2008-11-30 $607.50B $51.54B 11.79
2008-09-30 $0.00B 0.00
2008-08-31 $951.64B $35.77B 26.61
2008-06-30 $0.00B 0.00
2008-05-31 $996.74B $34.49B 28.90
2008-03-31 $0.00B 0.00
2008-02-29 $1,057.62B $33.28B 31.78
2007-12-31 $0.00B 0.00
2007-11-30 $1,014.14B $31.27B 32.43
2007-08-31 $1,149.88B $35.25B 32.62
2007-05-31 $1,160.48B $39.51B 29.37
2007-02-28 $1,144.11B $37.95B 30.15
2006-11-30 $1,085.83B $35.36B 30.70
2006-08-31 $994.70B $34.17B 29.11
2006-05-31 $994.79B $32.26B 30.84
2006-02-28 $929.49B $30.12B 30.86
2005-11-30 $869.34B $29.18B 29.79
2005-08-31 $809.17B $28.23B 28.67
2005-05-31 $790.38B $28.33B 27.90
2005-02-28 $773.72B $28.50B 27.15
2004-11-30 $719.13B $28.21B 25.50
2004-08-31 $717.61B $27.42B 26.17
2004-05-31 $702.50B $27.00B 26.02
2004-02-29 $630.83B $26.06B 24.20
2003-11-30 $577.98B $24.87B 23.24
2003-08-31 $556.93B $23.71B 23.49
2003-05-31 $564.25B $22.63B 24.93
2003-02-28 $536.97B $22.47B 23.90
2002-11-30 $507.61B $21.89B 23.20
2002-08-31 $495.36B $21.42B 23.13
2002-05-31 $532.65B $21.28B 25.04
2002-02-28 $470.76B $20.89B 22.53
2001-11-30 $461.91B $20.72B 22.30
2001-08-31 $485.79B $19.99B 24.30
2001-05-31 $477.36B $20.02B 23.85
2001-02-28 $430.35B $19.75B 21.79
2000-12-31 $407.52B $19.27B 21.15
2000-11-30 $407.52B $19.27B 21.15
2000-09-30 $385.47B $18.65B 20.66
2000-08-31 $0.00B 0.00
2000-06-30 $399.48B $18.11B 22.06
2000-05-31 $0.00B 0.00
2000-03-31 $345.93B $0.55B 634.73
2000-02-29 $0.00B 0.00
1999-12-31 $349.95B $17.01B 20.57
1999-11-30 $0.00B 0.00
1999-09-30 $324.84B $16.03B 20.27
1999-06-30 $327.00B $15.35B 21.30
1999-03-31 $305.94B $15.84B 19.32
1998-12-31 $302.47B $15.12B 20.01
1998-09-30 $347.29B $13.64B 25.46
1998-06-30 $366.84B $13.83B 26.54
1998-03-31 $330.01B $15.52B 21.26
1997-12-31 $287.33B $14.96B 19.21
1997-09-30 $268.69B $13.79B 19.49
1997-06-30 $257.83B $12.16B 21.21
1997-03-31 $7.69B $5.46B 1.41
1996-12-31 $37.25B $5.16B 7.21
1996-09-30 $32.21B $4.98B 6.47
1996-06-30 $31.11B $4.95B 6.28
1996-03-31 $30.43B $4.91B 6.19
1995-12-31 $33.38B $4.83B 6.91
1995-09-30 $28.16B $4.72B 5.96
1995-06-30 $29.13B $4.52B 6.44
1995-03-31 $27.28B $4.31B 6.34
1994-12-31 $27.75B $4.11B 6.76
1994-09-30 $24.66B $4.03B 6.13
1994-06-30 $23.79B $3.86B 6.16
1994-03-31 $23.25B $3.67B 6.34
1993-12-31 $24.19B $3.48B 6.96
1993-09-30 $23.43B $3.36B 6.98
1993-06-30 $22.20B $3.20B 6.94
1993-03-31 $19.41B $3.04B 6.39
1992-12-31 $21.15B $2.67B 7.91
1991-12-31 $20.66B $2.10B 9.83
1991-03-31 $20.66B $2.10B 9.83
1990-12-31 $19.00B $1.85B 10.29
1990-03-31 $19.00B $1.85B 10.29
1989-12-31 $19.00B $1.85B 10.29
1989-03-31 $0.00B 0.00
1988-12-31 $0.00B 0.00
Sector Industry Market Cap Revenue
Finance Finance - Investment Banks $260.424B $107.285B
Morgan Stanley, being the leading financial services holding company, serves corporations, governments, FIs & individuals world wide. It has 3 business units. The Institutional Securities unit includes capital raising, financial advisory services on mergers & acquisitions, restructurings, real estate & project finance, corporate lending, sales, trading, financing & market-making activities in equity & fixed income securities & related products. The Wealth Management unit provides brokerage & investment advisory services on various investment alternatives, financial & wealth planning services, annuity & other insurance products, credit & other lending products, cash management & retirement services and trust & fiduciary services and engages in fixed income principal trading. The Investment Management unit provides global asset management products & services in equity, fixed income, alternative investments in hedge funds & funds of funds and merchant banking i.e. real estate, private equity & infrastructure.
Stock Name Country Market Cap PE Ratio
JPMorgan Chase (JPM) United States $826.506B 15.25
Bank Of America (BAC) United States $384.184B 14.34
Wells Fargo (WFC) United States $266.979B 14.27
Goldman Sachs (GS) United States $237.216B 16.07
Citigroup (C) United States $179.463B 13.37
Charles Schwab (SCHW) United States $167.725B 20.98
Interactive Brokers (IBKR) United States $111.996B 32.09
Robinhood Markets (HOOD) United States $110.151B 63.14
PNC Financial Services (PNC) United States $72.153B 11.89
Raymond James Financial (RJF) United States $31.648B 14.92
LPL Financial Holdings (LPLA) United States $29.661B 19.39
Tradeweb Markets (TW) United States $25.899B 32.60
Nomura Holdings Inc ADR (NMR) Japan $21.846B 8.90
SBI Holdings (SBHGF) Japan $13.897B 7.92
Stifel Financial (SF) United States $12.301B 18.93
Evercore Inc (EVR) United States $11.903B 24.04
MarketAxess Holdings (MKTX) United States $6.504B 23.52
Piper Sandler (PIPR) United States $5.807B 20.96
Moelis (MC) United States $4.962B 20.91
BGC (BGC) United States $4.288B 7.93
UP Fintech Holding (TIGR) Singapore $1.774B 14.78
Oppenheimer Holdings (OPY) United States $0.707B 9.01
Sky Constant Century (SKYC) Hong Kong, SAR China $0.504B 0.00
Diamond Hill Investment (DHIL) United States $0.352B 10.02
Siebert Financial (SIEB) United States $0.112B 15.44
TOP Financial Group (TOP) Singapore $0.039B 0.00