Morgan Stanley
Compare market positioning with top industry peers
Explore Morgan Stanley
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$70.645B
Market Cap
$155.2B
Net Income
$16.9B
Employees
80,000
Morgan Stanley is dominating global finance by executing a multi-year pivot away from volatile trading into stable wealth management. Under CEO Ted Pick, the Wall Street titan generated exactly $54.1 billion in revenue and maintains a $155.2 billion market cap with exactly 80000 employees. The financial narrative in 2026 is entirely defined by asset gathering; absorbing E*TRADE and Eaton Vance, Morgan Stanley extracts recurring fees by monopolizing the financial lives of wealthy aging baby boomers frantically transferring generational wealth.
Revenue Trend Analysis
YoY Change
+14.4%
2-Year CAGR
+14.2%
Peak Year
2025
Trend
Consistent Growth
Morgan Stanley has reported revenue across 3 fiscal years, compounding at +14.2% annually over 2 years. The most recent year saw a 14.4% increase versus the prior year. Revenue peaked in 2025 at $70.6B. Out of 2 reported periods, 2 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $70.6B | $16.9B | +14.4% |
| FY2024 | $61.8B | $13.4B | +14.1% |
| FY2023 | $54.1B | $9.1B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Morgan Stanley reported approximately $54.1B in fiscal year 2025 with a team of 80,000 employees worldwide.
Morgan Stanley strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Investment Banking, Wealth Management, and Asset Management is driven by steady cash generation and pricing power, enabling Morgan Stanley to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Morgan Stanley Revenue & Financials." CorpDigest, https://corpdigest.com/company/morgan-stanley/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Morgan Stanley reported $71B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/morgan-stanley/financials" target="_blank" rel="noopener">CorpDigest — Morgan Stanley financials</a></div>