MORGAN STANLEY — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that MORGAN STANLEY filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2014 | Dec 31, 2014 | $7.76B | Mar 2, 2015 |
| FY2014 | Sep 30, 2014 | $8.91B | Mar 2, 2015 |
| FY2014 | Jun 30, 2014 | $8.61B | Mar 2, 2015 |
| FY2014 | Mar 31, 2014 | $9.00B | Mar 2, 2015 |
| FY2014 | Dec 31, 2013 | $7.85B | Mar 2, 2015 |
| FY2014 | Sep 30, 2013 | $7.96B | Mar 2, 2015 |
| FY2014 | Jun 30, 2013 | $8.52B | Mar 2, 2015 |
| FY2014 | Mar 31, 2013 | $8.17B | Mar 2, 2015 |
| FY2013 | Dec 31, 2012 | $6.96B | Feb 25, 2014 |
| FY2013 | Sep 30, 2012 | $5.28B | Feb 25, 2014 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $16.86B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $13.39B | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $9.09B | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $11.03B | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $15.03B | Feb 22, 2024 |
| FY2020 | Dec 31, 2020 | $3.39B | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | $2.72B | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | $3.20B | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | $1.70B | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | $2.24B | Feb 26, 2021 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($17.89B) | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $1.36B | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | ($33.54B) | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | ($6.40B) | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $33.97B | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | ($25.23B) | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $40.77B | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $7.31B | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | ($4.51B) | Feb 27, 2020 |
| FY2018 | Dec 31, 2016 | $5.38B | Feb 26, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1,420.27B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $1,215.07B | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $1,193.69B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $1,180.23B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $1,188.14B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $1,115.86B | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $895.43B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $853.53B | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | $851.73B | Feb 26, 2019 |
| FY2017 | Dec 31, 2016 | $814.95B | Feb 27, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1,307.62B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $1,109.64B | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $1,093.71B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $1,079.00B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $1,081.54B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $1,012.71B | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $812.73B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $772.13B | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | $773.27B | Feb 26, 2019 |
| FY2017 | Dec 31, 2016 | $737.77B | Feb 27, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $111.63B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $104.51B | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $99.04B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $100.14B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $105.44B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $101.78B | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $81.55B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $80.25B | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | $77.39B | Feb 26, 2019 |
| FY2017 | Dec 31, 2016 | $76.05B | Feb 27, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $16.73B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $16.71B | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $16.71B | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $16.65B | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $16.83B | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $11.64B | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $7.14B | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $6.69B | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $6.60B | Feb 27, 2020 |
| FY2018 | Dec 31, 2016 | $6.58B | Feb 26, 2019 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $115.09B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $104.99B | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $98.00B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $94.86B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $89.43B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $78.69B | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $70.59B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $64.18B | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | $57.58B | Feb 26, 2019 |
| FY2017 | Dec 31, 2016 | $53.68B | Feb 27, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $111.70B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $105.39B | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $89.23B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $128.13B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $127.73B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $105.65B | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $82.17B | Feb 26, 2021 |
| FY2018 | Dec 31, 2018 | $87.20B | Feb 26, 2019 |
| FY2018 | Dec 31, 2017 | $80.40B | Feb 26, 2019 |
| FY2018 | Dec 31, 2016 | $77.36B | Feb 26, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $341.68B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $284.31B | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $260.54B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $233.87B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $227.36B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $213.39B | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $190.06B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $188.12B | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | $191.06B | Feb 26, 2019 |
| FY2017 | Dec 31, 2016 | $164.78B | Feb 27, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 10 | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | 8 | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | 5 | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | 6 | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | 8 | Feb 22, 2024 |
| FY2020 | Dec 31, 2020 | 1 | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | 1 | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | 1 | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | 1 | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | 1 | Feb 26, 2021 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 10 | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | 7 | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | 5 | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | 6 | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | 8 | Feb 22, 2024 |
| FY2020 | Dec 31, 2020 | 1 | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | 1 | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | 1 | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | 1 | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | 1 | Feb 26, 2021 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 1.58B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | 1.61B | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | 1.63B | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | 1.68B | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | 1.77B | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | 1.81B | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | 1.59B | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | 1.70B | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | 1.79B | Feb 27, 2020 |
| FY2018 | Dec 31, 2016 | 1.85B | Feb 26, 2019 |