Shares Outstanding for Morgan Stanley (MS)
According to Morgan Stanley's latest reported financial statements, the company's latest reported diluted shares outstanding is 1.59B. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingShares OutstandingSwitch metric
Latest period
1.59B
YoY change
-1.1%
5Y CAGR
-0.4%
Peak year (2014)
1.97B
Latest annual
1.59B
Shares Outstanding history chart for Morgan Stanley (MS) from 1985 to 2025
Shares Outstanding history table for Morgan Stanley (MS) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 1.59B | -1.1% | ||
| 2024 | 1.61B | -2.1% | ||
| 2023 | 1.65B | -3.9% | ||
| 2022 | 1.71B | -5.6% | ||
| 2021 | 1.81B | +11.7% | ||
| 2020 | 1.62B | -1.0% | ||
| 2019 | 1.64B | -5.6% | ||
| 2018 | 1.74B | -4.6% | ||
| 2017 | 1.82B | -3.5% | ||
| 2016 | 1.89B | -3.4% | ||
| 2015 | 1.95B | -0.9% | ||
| 2014 | 1.97B | +0.7% | ||
| 2013 | 1.96B | +2.0% | ||
| 2012 | 1.92B | +14.5% | ||
| 2011 | 1.68B | +18.7% | ||
| 2010 | 1.41B | +19.1% | ||
| 2009 | 1.19B | +8.2% | ||
| 2008 | 1.10B | +3.9% | ||
| 2007 | 1.05B | -0.1% | ||
| 2006 | 1.05B | -2.3% | ||
| 2005 | 1.08B | -2.3% | ||
| 2004 | 1.11B | +0.6% | ||
| 2003 | 1.10B | -1.0% | ||
| 2002 | 1.11B | -1.0% | ||
| 2001 | 1.12B | -2.0% | ||
| 2000 | 1.15B | -1.2% | ||
| 1999 | 1.16B | -4.4% | ||
| 1998 | 1.21B | -0.5% | ||
| 1997 | 1.22B | +92.6% | ||
| 1996 | 632.43M | -16.6% | ||
| 1995 | 757.88M | -0.8% | ||
| 1994 | 763.81M | +39.2% | ||
| 1993 | 548.73M | +237.8% | ||
| 1992 | 162.45M | +2.1% | ||
| 1991 | 159.04M | +7.3% | ||
| 1990 | 148.22M | -1.9% | ||
| 1989 | 151.07M | +2.3% | ||
| 1988 | 147.70M | -4.0% | ||
| 1987 | 153.93M | +8.4% | ||
| 1986 | 142.06M | +20.5% | ||
| 1985 | 117.86M | — |
Shares Outstanding values are taken from Morgan Stanley's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual diluted shares outstanding for Morgan Stanley (MS) came in at 1.59B – edged down 1.1% year-over-year.
Morgan Stanley diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is -0.4%, with a net decline across the window.
Morgan Stanley diluted shares outstanding peaked at 1.97B in 2014; the latest annual figure is 1.59B in 2025 (19.2% below peak).
Across the available history, diluted shares outstanding reached its high of 1.97B in 2014 and its low of 117.86M in 1985.
Morgan Stanley (MS) sits 7th of 8 Financial Services peers we track on this metric, against a peer median of 2.06B.
Morgan Stanley Shares Outstanding by Year
Morgan Stanley Shares Outstanding 2025: 1.59B
Morgan Stanley diluted shares outstanding in 2025 was 1.59B, edged down 1.1% below 2024.
Morgan Stanley Shares Outstanding 2024: 1.61B
Morgan Stanley diluted shares outstanding in 2024 was 1.61B, edged down 2.1% below 2023.
Morgan Stanley Shares Outstanding 2023: 1.65B
Morgan Stanley diluted shares outstanding in 2023 was 1.65B, edged down 3.9% below 2022.
Morgan Stanley Shares Outstanding 2022: 1.71B
Morgan Stanley diluted shares outstanding in 2022 was 1.71B, declined 5.6% below 2021.
Morgan Stanley Shares Outstanding 2021: 1.81B
Morgan Stanley diluted shares outstanding in 2021 was 1.81B.
See more financial history for Morgan Stanley (MS).
Sector peers — Shares Outstanding
Companies in the same sector as Morgan Stanley, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Bank of America Corporation (BAC) | 7.55B | Financial Services |
| Wells Fargo & Company (WFC) | 3.22B | Financial Services |
| JPMorgan Chase & Co. (JPM) | 2.79B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | 2.16B | Financial Services |
| Visa Inc. (V) | 1.97B | Financial Services |
| Citigroup Inc. (C) | 1.86B | Financial Services |
| Mastercard Incorporated (MA) | 898.00M | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | 317.60M | Financial Services |
Frequently asked questions
What is Morgan Stanley's diluted shares outstanding?
- Latest reported diluted shares outstanding for Morgan Stanley (MS) is 1.59B (period ending March 31, 2026).
How has Morgan Stanley diluted shares outstanding changed year-over-year?
- Morgan Stanley (MS) diluted shares outstanding changed -1.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Morgan Stanley diluted shares outstanding?
- Morgan Stanley (MS) diluted shares outstanding compound annual growth rate is -0.4% over the most recent 5 years available.
When did Morgan Stanley diluted shares outstanding hit its highest annual value?
- Morgan Stanley diluted shares outstanding reached its highest annual value of 1.97B in 2014.
What was Morgan Stanley diluted shares outstanding in 2024?
- Morgan Stanley (MS) diluted shares outstanding in 2024 was 1.61B.
What was Morgan Stanley diluted shares outstanding in 2025?
- Morgan Stanley (MS) diluted shares outstanding in 2025 was 1.59B.
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