Latest period
-$1.05B
YoY change
-2295.2%
5Y CAGR
—
Peak year (FY2008)
$72B
Latest annual
$46.1B
Free Cash Flow history chart for Morgan Stanley (MS) from 2016 to 2025
Latest: $46.1B
Free Cash Flow growth chart for Morgan Stanley (MS) from 2016 to 2025
Latest: -2295.2%
Free Cash Flow history table for Morgan Stanley (MS) from 1989 to 2025
| FY2025 | $46.1B | -2295.2% | +$48.2B | ||
| FY2024 | -$2.1B | -94.3% | +$34.8B | ||
| FY2023 | -$36.9B | +290.0% | -$27.5B | ||
| FY2022 | -$9.48B | -129.9% | -$41.1B | ||
| FY2021 | $31.7B | -218.7% | +$58.3B | ||
| FY2020 | -$26.7B | -168.5% | -$65.6B | ||
| FY2019 | $38.9B | +615.9% | +$33.5B | ||
| FY2018 | $5.44B | -188.7% | +$11.6B | ||
| FY2017 | -$6.13B | -623.8% | -$7.31B | ||
| FY2016 | $1.17B | -49.1% | -$1.13B | ||
| FY2015 | $2.3B | +1555.4% | +$2.16B | ||
| FY2014 | $139M | -99.6% | -$34.1B | ||
| FY2013 | $34.2B | +47.3% | +$11B | ||
| FY2012 | $23.2B | +331.9% | +$17.9B | ||
| FY2011 | $5.38B | -86.2% | -$33.7B | ||
| FY2010 | $39.1B | -180.1% | +$87.9B | ||
| FY2009 | -$48.8B | -167.8% | -$121B | ||
| FY2008 | $72B | -405.6% | +$95.6B | ||
| FY2007 | -$23.6B | -61.2% | +$37.2B | ||
| FY2006 | -$60.8B | +90.7% | -$28.9B | ||
| FY2005 | -$31.9B | +27.2% | -$6.82B | ||
| FY2004 | -$25.1B | -1531.2% | -$26.8B | ||
| FY2003 | $1.75B | -128.4% | +$7.93B | ||
| FY2002 | -$6.18B | -76.3% | +$19.9B | ||
| FY2001 | -$26.1B | +710.2% | -$22.9B | ||
| FY2000 | -$3.22B | -89.2% | +$26.7B | ||
| FY1999 | -$29.9B | -294.7% | -$45.3B | ||
| FY1998 | $15.4B | -1828.8% | +$16.3B | ||
| FY1997 | -$889M | -140.3% | -$3.1B | ||
| FY1996 | $2.21B | +49.5% | +$732M | ||
| FY1995 | $1.48B | -49.0% | -$1.42B | ||
| FY1994 | $2.89B | +114.3% | +$1.54B | ||
| FY1993 | $1.35B | -71.5% | -$3.38B | ||
| FY1992 | $4.73B | -259.5% | +$7.7B | ||
| FY1991 | -$2.97B | -38.7% | +$1.88B | ||
| FY1990 | -$4.84B | -43.2% | +$3.68B | ||
| FY1989 | -$8.53B | — | — |
- FY2025$46.1B-2295.2%
- FY2024-$2.1B-94.3%
- FY2023-$36.9B+290.0%
- FY2022-$9.48B-129.9%
- FY2021$31.7B-218.7%
- FY2020-$26.7B-168.5%
- FY2019$38.9B+615.9%
- FY2018$5.44B-188.7%
- FY2017-$6.13B-623.8%
- FY2016$1.17B-49.1%
- FY2015$2.3B+1555.4%
- FY2014$139M-99.6%
- FY2013$34.2B+47.3%
- FY2012$23.2B+331.9%
- FY2011$5.38B-86.2%
- FY2010$39.1B-180.1%
- FY2009-$48.8B-167.8%
- FY2008$72B-405.6%
- FY2007-$23.6B-61.2%
- FY2006-$60.8B+90.7%
- FY2005-$31.9B+27.2%
- FY2004-$25.1B-1531.2%
- FY2003$1.75B-128.4%
- FY2002-$6.18B-76.3%
- FY2001-$26.1B+710.2%
- FY2000-$3.22B-89.2%
- FY1999-$29.9B-294.7%
- FY1998$15.4B-1828.8%
- FY1997-$889M-140.3%
- FY1996$2.21B+49.5%
- FY1995$1.48B-49.0%
- FY1994$2.89B+114.3%
- FY1993$1.35B-71.5%
- FY1992$4.73B-259.5%
- FY1991-$2.97B-38.7%
- FY1990-$4.84B-43.2%
- FY1989-$8.53B—
Free Cash Flow values are taken from Morgan Stanley's reported cash flow 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 Free Cash Flow at Morgan Stanley (MS)
Free Cash Flow for Morgan Stanley (MS): headline value -$1.05B · YoY -2,295.2%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Morgan Stanley (MS) free cash flow totalled $46.1B – plunged 2295.2% year-over-year.
Morgan Stanley free cash flow has grown for 2 consecutive years, with a +35.0% compound annual growth rate over 2015–2025 (10 years).
Between 2008 and 2025, Morgan Stanley free cash flow plunged 36.0%, falling from $72B to $46.1B.
2008 marks the peak free cash flow at $72B, with the historical low of -$60.8B recorded in 2006.
Morgan Stanley Free Cash Flow by Year
Morgan Stanley Free Cash Flow 2025: $46.1B
Morgan Stanley posted free cash flow of $46.1B in 2025, plunged 2295.2% below 2024.
Morgan Stanley Free Cash Flow 2024: -$2.1B
In 2024, Morgan Stanley reported free cash flow of -$2.1B, plunged 94.3% below 2023.
Morgan Stanley Free Cash Flow 2023: -$36.9B
Morgan Stanley free cash flow in 2023 was -$36.9B, surged 290.0% from 2022.
Morgan Stanley Free Cash Flow 2022: -$9.48B
2022's free cash flow for Morgan Stanley came in at -$9.48B, plunged 129.9% below 2021.
Morgan Stanley Free Cash Flow 2021: $31.7B
Morgan Stanley free cash flow in 2021 was $31.7B.
See more financial history for Morgan Stanley (MS).
Sector peers by Free Cash Flow
Financial Services peers of Morgan Stanley (MS), ranked by their latest free cash flow
| $101B | |
| $25B | |
| $21.6B | |
| $16.9B | |
| $12.6B | |
| -$19B | |
| -$47.2B | |
| -$74.2B |
- $101B
- $21.6B
- $16.9B
- $12.6B
- -$19B
- -$47.2B
- -$74.2B
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- Buybacks3.66% TTM
- Dividend Profile1.97% yield
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- Stock Split History2 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.