Morgan Stanley Operating Income 2012-2025 | MS

Morgan Stanley annual/quarterly operating income history and growth rate from 2012 to 2025. Operating income can be defined as income after operating expenses have been deducted and before interest payments and taxes have been deducted.
  • Morgan Stanley operating income for the quarter ending December 31, 2025 was $5.760B, a 17.41% increase year-over-year.
  • Morgan Stanley operating income for the twelve months ending December 31, 2025 was $21.954B, a 24.77% increase year-over-year.
  • Morgan Stanley annual operating income for 2025 was $21.954B, a 24.77% increase from 2024.
  • Morgan Stanley annual operating income for 2024 was $17.596B, a 48.95% increase from 2023.
  • Morgan Stanley annual operating income for 2023 was $11.813B, a 16.15% decline from 2022.
Morgan Stanley Annual Operating Income
(Millions of US $)
2025 $21,954
2024 $17,596
2023 $11,813
2022 $14,089
2021 $19,668
2020 $14,418
2019 $11,301
2018 $11,237
2017 $10,403
2016 $8,848
2015 $8,495
2014 $3,591
2013 $4,558
2012 $596
2011 $6,110
Morgan Stanley Quarterly Operating Income
(Millions of US $)
2025-12-31 $5,760
2025-09-30 $6,028
2025-06-30 $4,622
2025-03-31 $5,544
2024-12-31 $4,906
2024-09-30 $4,221
2024-06-30 $4,074
2024-03-31 $4,395
2023-12-31 $2,096
2023-09-30 $3,145
2023-06-30 $2,812
2023-03-31 $3,760
2022-12-31 $2,794
2022-09-30 $3,388
2022-06-30 $3,319
2022-03-31 $4,588
2021-12-31 $4,884
2021-09-30 $4,874
2021-06-30 $4,566
2021-03-31 $5,344
2020-12-31 $4,430
2020-09-30 $3,487
2020-06-30 $4,355
2020-03-31 $2,146
2019-12-31 $2,733
2019-09-30 $2,710
2019-06-30 $2,903
2019-03-31 $2,955
2018-12-31 $1,857
2018-09-30 $2,851
2018-06-30 $3,109
2018-03-31 $3,420
2017-12-31 $2,471
2017-09-30 $2,482
2017-06-30 $2,642
2017-03-31 $2,808
2016-12-31 $2,246
2016-09-30 $2,381
2016-06-30 $2,483
2016-03-31 $1,738
2015-12-31 $1,439
2015-09-30 $1,474
2015-06-30 $2,727
2015-03-31 $2,855
2014-12-31 $-2,931
2014-09-30 $2,220
2014-06-30 $1,932
2014-03-31 $2,370
2013-12-31 $-186
2013-09-30 $1,365
2013-06-30 $1,796
2013-03-31 $1,583
2012-12-31 $940
2012-09-30 $-1,483
2012-06-30 $937
2012-03-31 $202
2011-12-31 $-446
2011-09-30 $3,685
2011-06-30 $1,970
2011-03-31 $901
Sector Industry Market Cap Revenue
Finance Finance - Investment Banks $284.486B $119.662B
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
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Bank Of America (BAC) United States $377.685B 13.50
Goldman Sachs (GS) United States $275.598B 17.92
Wells Fargo (WFC) United States $272.975B 13.80
Citigroup (C) United States $203.243B 14.25
Charles Schwab (SCHW) United States $181.567B 20.94
Interactive Brokers (IBKR) United States $131.587B 35.26
Robinhood Markets (HOOD) United States $96.204B 55.15
PNC Financial Services (PNC) United States $86.036B 13.22
Raymond James Financial (RJF) United States $33.378B 15.89
LPL Financial Holdings (LPLA) United States $28.983B 18.95
Nomura Holdings Inc ADR (NMR) Japan $26.285B 10.80
Tradeweb Markets (TW) United States $24.310B 30.60
Evercore Inc (EVR) United States $14.001B 28.28
Stifel Financial (SF) United States $13.065B 20.11
SBI Holdings (SBHGF) Japan $7.470B 3.89
MarketAxess Holdings (MKTX) United States $6.376B 23.05
Piper Sandler (PIPR) United States $6.375B 23.01
Moelis (MC) United States $5.768B 24.30
BGC (BGC) United States $4.177B 7.82
UP Fintech Holding (TIGR) Singapore $1.616B 10.54
Sky Constant Century (SKYC) Hong Kong, SAR China $1.399B 0.00
Oppenheimer Holdings (OPY) United States $0.812B 10.36
Diamond Hill Investment (DHIL) United States $0.461B 13.12
Siebert Financial (SIEB) United States $0.120B 16.44
TOP Financial Group (TOP) Singapore $0.038B 0.00