TTM
$27.21B
YoY change
+16.9%
5Y CAGR
+7.9%
Peak year (2025)
$26.61B
Cumulative EBITDA
$308.01B
EBITDA history chart for Morgan Stanley (MS) from 1985 to 2025
Latest: $26.61B
EBITDA growth chart for Morgan Stanley (MS) from 1985 to 2025
Latest: +16.9%
EBITDA history table for Morgan Stanley (MS) from 1985 to 2025
| 2025 | $26.61B | +16.9% | +$3.85B | ||
| 2024 | $22.76B | +41.6% | +$6.69B | ||
| 2023 | $16.07B | -11.2% | −$2.02B | ||
| 2022 | $18.09B | -24.3% | −$5.80B | ||
| 2021 | $23.88B | +31.3% | +$5.70B | ||
| 2020 | $18.19B | +30.4% | +$4.24B | ||
| 2019 | $13.94B | +6.6% | +$863.00M | ||
| 2018 | $13.08B | +7.6% | +$925.00M | ||
| 2017 | $12.16B | +14.9% | +$1.57B | ||
| 2016 | $10.58B | +6.6% | +$656.00M | ||
| 2015 | $9.93B | +108.9% | +$5.18B | ||
| 2014 | $4.75B | -21.7% | −$1.32B | ||
| 2013 | $6.07B | +178.8% | +$3.89B | ||
| 2012 | $2.18B | -71.0% | −$5.34B | ||
| 2011 | $7.51B | -1.4% | −$103.00M | ||
| 2010 | $7.62B | +223.6% | +$5.26B | ||
| 2009 | $2.35B | +14.9% | +$306.00M | ||
| 2008 | $2.05B | -37.0% | −$1.20B | ||
| 2007 | $3.25B | -67.3% | −$6.69B | ||
| 2006 | $9.94B | +39.4% | +$2.81B | ||
| 2005 | $7.13B | -6.5% | −$492.00M | ||
| 2004 | $7.62B | +27.7% | +$1.65B | ||
| 2003 | $5.97B | +10.2% | +$551.00M | ||
| 2002 | $5.42B | -15.5% | −$993.00M | ||
| 2001 | $6.41B | -30.7% | −$2.84B | ||
| 2000 | $9.25B | +11.9% | +$984.00M | ||
| 1999 | $8.27B | +38.7% | +$2.31B | ||
| 1998 | $5.96B | +29.2% | +$1.35B | ||
| 1997 | $4.61B | +183.2% | +$2.98B | ||
| 1996 | $1.63B | +11.1% | +$162.50M | ||
| 1995 | $1.47B | +15.1% | +$192.50M | ||
| 1994 | $1.27B | +21.6% | +$225.90M | ||
| 1993 | $1.05B | +32.0% | +$254.00M | ||
| 1992 | $793.50M | +2.7% | +$21.00M | ||
| 1991 | $772.50M | +64.3% | +$302.30M | ||
| 1990 | $470.20M | -36.3% | −$268.10M | ||
| 1989 | $738.30M | +16.0% | +$101.80M | ||
| 1988 | $636.50M | — | +$636.50M | ||
| 1987 | $0.00 | -100.0% | −$322.60M | ||
| 1986 | $322.60M | +76.0% | +$139.30M | ||
| 1985 | $183.30M | — | — |
- 2025$26.61B+16.9%
- 2024$22.76B+41.6%
- 2023$16.07B-11.2%
- 2022$18.09B-24.3%
- 2021$23.88B+31.3%
- 2020$18.19B+30.4%
- 2019$13.94B+6.6%
- 2018$13.08B+7.6%
- 2017$12.16B+14.9%
- 2016$10.58B+6.6%
- 2015$9.93B+108.9%
- 2014$4.75B-21.7%
- 2013$6.07B+178.8%
- 2012$2.18B-71.0%
- 2011$7.51B-1.4%
- 2010$7.62B+223.6%
- 2009$2.35B+14.9%
- 2008$2.05B-37.0%
- 2007$3.25B-67.3%
- 2006$9.94B+39.4%
- 2005$7.13B-6.5%
- 2004$7.62B+27.7%
- 2003$5.97B+10.2%
- 2002$5.42B-15.5%
- 2001$6.41B-30.7%
- 2000$9.25B+11.9%
- 1999$8.27B+38.7%
- 1998$5.96B+29.2%
- 1997$4.61B+183.2%
- 1996$1.63B+11.1%
- 1995$1.47B+15.1%
- 1994$1.27B+21.6%
- 1993$1.05B+32.0%
- 1992$793.50M+2.7%
- 1991$772.50M+64.3%
- 1990$470.20M-36.3%
- 1989$738.30M+16.0%
- 1988$636.50M—
- 1987$0.00-100.0%
- 1986$322.60M+76.0%
- 1985$183.30M—
EBITDA values are taken from Morgan Stanley's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Morgan Stanley (MS)
According to Morgan Stanley's latest reported financial statements, the company's current EBITDA (TTM) is $27.21B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Morgan Stanley (MS) reported EBITDA of $26.61B – grew 16.9% year-over-year.
Morgan Stanley EBITDA compound annual growth for the 2020–2025 (5 years) window is +7.9%, sustaining 2 straight years of year-over-year growth.
$26.61B stands as the all-time-high annual EBITDA, posted in 2025, against a low of $0.00 during 1987.
Morgan Stanley EBITDA by Year
Morgan Stanley EBITDA 2025: $26.61B
Morgan Stanley EBITDA in 2025 was $26.61B, grew 16.9% from 2024. This figure represents the highest annual value in the available history.
Morgan Stanley EBITDA 2024: $22.76B
2024's EBITDA for Morgan Stanley came in at $22.76B, surged 41.6% from 2023.
Morgan Stanley EBITDA 2023: $16.07B
Morgan Stanley posted EBITDA of $16.07B in 2023, declined 11.2% below 2022.
Morgan Stanley EBITDA 2022: $18.09B
In 2022, Morgan Stanley reported EBITDA of $18.09B, declined 24.3% below 2021.
Morgan Stanley EBITDA 2021: $23.88B
Morgan Stanley EBITDA in 2021 was $23.88B.
See more financial history for Morgan Stanley (MS).
Sector peers by EBITDA
Financial Services peers of Morgan Stanley (MS), ranked by their latest EBITDA
| $81.42B | |
| $72.36B | |
| $40.01B | |
| $29.35B | |
| $26.00B | |
| $24.03B | |
| $23.10B | |
| $20.19B |
- $81.42B
- $72.36B
- $40.01B
- $29.35B
- $26.00B
- $24.03B
- $23.10B
- $20.19B
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