Morgan Stanley SG&A Expenses 2012-2026 | MS

Morgan Stanley annual/quarterly sg&a expenses history and growth rate from 2012 to 2026. Sg&a expenses can be defined as the sum of all selling, general and administrative expenses.
  • Morgan Stanley sg&a expenses for the quarter ending March 31, 2026 were $11.085B, a 11.61% increase year-over-year.
  • Morgan Stanley sg&a expenses for the twelve months ending March 31, 2026 were $40.671B, a 9.92% increase year-over-year.
  • Morgan Stanley annual sg&a expenses for 2025 were $39.518B, a 9.66% increase from 2024.
  • Morgan Stanley annual sg&a expenses for 2024 were $36.037B, a 5.42% increase from 2023.
  • Morgan Stanley annual sg&a expenses for 2023 were $34.184B, a 6% increase from 2022.
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Morgan Stanley Annual SG&A Expenses
(Millions of US $)
2025 $39,518
2024 $36,037
2023 $34,184
2022 $32,250
2021 $33,048
2020 $27,517
2019 $25,256
2018 $23,995
2017 $23,064
2016 $21,688
2015 $22,144
2014 $23,667
2013 $22,076
2012 $21,593
2011 $22,064
Morgan Stanley Quarterly SG&A Expenses
(Millions of US $)
2026-03-31 $11,085
2025-12-31 $9,841
2025-09-30 $9,999
2025-06-30 $9,746
2025-03-31 $9,932
2024-12-31 $8,952
2024-09-30 $9,183
2024-06-30 $8,933
2024-03-31 $8,969
2023-12-31 $8,512
2023-09-30 $8,288
2023-06-30 $8,662
2023-03-31 $8,722
2022-12-31 $8,139
2022-09-30 $7,887
2022-06-30 $7,814
2022-03-31 $8,410
2021-12-31 $7,833
2021-09-30 $8,015
2021-06-30 $8,494
2021-03-31 $8,706
2020-12-31 $7,443
2020-09-30 $6,695
2020-06-30 $7,587
2020-03-31 $5,792
2019-12-31 $6,925
2019-09-30 $6,025
2019-06-30 $6,121
2019-03-31 $6,185
2018-12-31 $5,499
2018-09-30 $5,896
2018-06-30 $6,222
2018-03-31 $6,378
2017-12-31 $5,826
2017-09-30 $5,620
2017-06-30 $5,734
2017-03-31 $5,884
2016-12-31 $5,601
2016-09-30 $5,511
2016-06-30 $5,474
2016-03-31 $5,102
2015-12-31 $5,297
2015-09-30 $4,959
2015-06-30 $5,971
2015-03-31 $5,917
2014-12-31 $6,669
2014-09-30 $5,642
2014-06-30 $5,665
2014-03-31 $5,691
2013-12-31 $5,552
2013-09-30 $5,343
2013-06-30 $5,568
2013-03-31 $5,613
2012-12-31 $5,209
2012-09-30 $5,421
2012-06-30 $5,128
2012-03-31 $5,835
2011-12-31 $5,259
2011-09-30 $5,059
2011-06-30 $6,079
Sector Industry Market Cap Revenue
Finance Finance - Investment Banks $280.918B $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
JPMorgan Chase (JPM) United States $831.139B 15.24
Bank Of America (BAC) United States $375.436B 13.72
Goldman Sachs (GS) United States $267.796B 17.70
Wells Fargo (WFC) United States $263.513B 13.56
Citigroup (C) United States $213.317B 15.61
Charles Schwab (SCHW) United States $164.772B 19.43
Interactive Brokers (IBKR) United States $120.797B 32.37
PNC Financial Services (PNC) United States $89.197B 13.33
Robinhood Markets (HOOD) United States $62.292B 33.59
Raymond James Financial (RJF) United States $28.813B 13.83
Tradeweb Markets (TW) United States $28.617B 35.00
LPL Financial Holdings (LPLA) United States $25.061B 15.56
Nomura Holdings Inc ADR (NMR) Japan $24.498B 10.57
Evercore Inc (EVR) United States $13.383B 23.27
Stifel Financial (SF) United States $11.956B 17.09
SBI Holdings (SBHGF) Japan $6.584B 3.43
MarketAxess Holdings (MKTX) United States $6.112B 23.27
BGC (BGC) United States $5.179B 9.10
Moelis (MC) United States $4.894B 21.15
UP Fintech Holding (TIGR) Singapore $1.243B 7.31
Oppenheimer Holdings (OPY) United States $1.125B 8.06
Sky Constant Century (SKYC) Hong Kong, SAR China $0.920B 0.00
Diamond Hill Investment (DHIL) United States $0.465B 14.86
Siebert Financial (SIEB) United States $0.072B 13.61
TOP Financial Group (TOP) Singapore $0.028B 0.00