Morgan Stanley (MS) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1585 BROADWAY NEW YORK, NY 10036 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6211 - Security Brokers, Dealers, and Flotation Companies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 89,232 | 128,127 | 127,725 | 105,654 | 49,659 | 87,196 | |||
| Cash and cash equivalents | 89,232 | 128,127 | 127,725 | 105,654 | 49,659 | 87,196 | |||
| Total current assets: | 89,232 | 128,127 | 127,725 | 105,654 | 49,659 | 87,196 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 4,368 | 4,073 | 4,268 | 4,419 | 3,998 | ✕ | |||
| Long-term investments and receivables | 2,432 | ||||||||
| Long-term investments | 2,432 | ||||||||
| Intangible assets, net (including goodwill) | 23,762 | 24,270 | 25,193 | 16,615 | 9,250 | 8,851 | |||
| Goodwill | 16,707 | 16,652 | 16,833 | 11,635 | 7,143 | 6,688 | |||
| Intangible assets, net (excluding goodwill) | 7,055 | 7,618 | 8,360 | 4,980 | 2,107 | 2,163 | |||
| Investment, proportional amortization method, elected, amount | |||||||||
| Total noncurrent assets: | 28,130 | 28,343 | 29,461 | 21,034 | 13,248 | 11,283 | |||
| Other undisclosed assets | 1,076,331 | 1,023,761 | 1,030,954 | 989,174 | 832,522 | 755,052 | |||
| TOTAL ASSETS: | 1,193,693 | 1,180,231 | 1,188,140 | 1,115,862 | 895,429 | 853,531 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 62,651 | 62,534 | 62,188 | 50,587 | 54,200 | 49,759 | |||
| Securities loaned | 15,057 | 15,679 | 12,299 | 7,731 | 8,506 | 11,908 | |||
| Total current liabilities: | 77,708 | 78,213 | 74,487 | 58,318 | 62,706 | 61,667 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | |||||||||
| Investment program, proportional amortization method, elected, commitment | |||||||||
| Total noncurrent liabilities: | |||||||||
| Other undisclosed liabilities | 1,016,003 | 1,000,787 | 1,007,055 | 954,395 | 750,026 | 710,458 | |||
| Total liabilities: | 1,093,711 | 1,079,000 | 1,081,542 | 1,012,713 | 812,732 | 772,125 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 99,038 | 100,141 | 105,441 | 101,781 | 81,549 | 80,246 | |||
| Common stock | 20 | 20 | 20 | 20 | 20 | 20 | |||
| Treasury stock, value | (31,139) | (26,577) | (17,500) | (9,767) | (18,727) | (13,971) | |||
| Additional paid in capital | 29,832 | 29,339 | 28,841 | 25,546 | 23,935 | 23,794 | |||
| Accumulated other comprehensive loss | (6,421) | (6,253) | (3,102) | (1,962) | (2,788) | (2,292) | |||
| Retained earnings | 97,996 | 94,862 | 89,432 | 78,694 | 70,589 | 64,175 | |||
| Other undisclosed equity, attributable to parent | 8,750 | 8,750 | 7,750 | 9,250 | 8,520 | 8,520 | |||
| Equity, attributable to noncontrolling interest | 944 | 1,090 | 1,157 | 1,368 | 1,148 | 1,160 | |||
| Total equity: | 99,982 | 101,231 | 106,598 | 103,149 | 82,697 | 81,406 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,193,693 | 1,180,231 | 1,188,140 | 1,115,862 | 895,429 | 853,531 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 41,737 | 34,534 | 37,488 | 33,927 | 29,675 | 28,653 | ||
| Investment banking revenue | ✕ | ✕ | ✕ | 10,994 | 7,674 | 6,163 | 6,482 | |
| Principal transactions revenue, net | ✕ | ✕ | ✕ | 14,186 | 14,978 | 12,635 | ||
| Net investment income | 16,416 | 10,054 | 6,787 | 6,424 | 6,958 | 5,993 | ||
| Revenues, excluding interest and dividends | 25,321 | 24,480 | ||||||
| Financial services revenue | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 16,178 | |
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | (559) | (120) | ||||||
| Gross profit: | 41,737 | 34,534 | 37,488 | 33,368 | 29,555 | 28,653 | ||
| Operating expenses | (13,102) | (12,655) | (11,761) | (9,592) | (8,912) | (26,388) | ||
| Other operating income, net (Noninterest Income, Other Operating Income) | 975 | 283 | 1,042 | 110 | 925 | 743 | ||
| Operating income: | 29,610 | 22,162 | 26,769 | 23,886 | 21,568 | 3,008 | ||
| Interest and debt expense | (42,051) | (12,268) | (1,366) | (3,849) | (12,404) | (10,086) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (12,441) | 9,894 | 25,403 | 20,037 | 9,164 | (7,078) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 24,254 | 4,195 | (5,735) | (5,619) | 2,137 | 18,315 | ||
| Income from continuing operations before income taxes: | 11,813 | 14,089 | 19,668 | 14,418 | 11,301 | 11,237 | ||
| Income tax expense | (2,583) | (2,910) | (4,548) | (3,239) | (2,064) | (2,350) | ||
| Income from continuing operations: | 9,230 | 11,179 | 15,120 | 11,179 | 9,237 | 8,887 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 15,120 | 11,179 | 9,237 | 8,883 | |
| Loss from discontinued operations | (4) | |||||||
| Net income: | 9,230 | 11,179 | 15,120 | 11,179 | 9,237 | 8,883 | ||
| Net loss attributable to noncontrolling interest | (143) | (150) | (86) | (183) | (195) | (135) | ||
| Net income attributable to parent: | 9,087 | 11,029 | 15,034 | 10,996 | 9,042 | 8,748 | ||
| Preferred stock dividends and other adjustments | (557) | (489) | (468) | (496) | (530) | (526) | ||
| Net income available to common stockholders, diluted: | 8,530 | 10,540 | 14,566 | 10,500 | 8,512 | 8,222 | ||
Comprehensive Income ($ in millions)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 9,230 | 11,179 | 15,120 | 11,179 | 9,237 | 8,883 | ||
| Other comprehensive income (loss) | (279) | (3,233) | (1,230) | 868 | (565) | 1,292 | ||
| Comprehensive income: | 8,951 | 7,946 | 13,890 | 12,047 | 8,672 | 10,175 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 111 | 82 | 90 | (42) | 69 | (87) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (143) | (150) | (86) | (183) | (195) | (135) | ||
| Comprehensive income, net of tax, attributable to parent: | 8,919 | 7,878 | 13,894 | 11,822 | 8,546 | 9,953 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.