Stock Analysis
Morgan StanleyMS
P/E 14.07×· 5Y range 8.78–20.31×· 42th percentile of history
Sector: Financial Services · Industry: Security Brokers, Dealers & Flotation Companies
AnalystsBuy33 analystsP/E 14.1× sits at the 42nd percentile of its 5.089664613278576-year history.
Cash covers 26% of debt · Q2 2026.
PMP Verdict
Weak fundamentals
Strengths
- Profitability75
Risks
- Financial Health18
- Growth24
Weak fundamentals — valuation is the only support.
Bull Case
- ✓ROE 17.2% — efficient capital deployment
What's happening with MS
Profile
Strong profitability; financial health, growth, moat and valuation lag behind.
How is each axis scored?
- Valuation37/100 · Weak
- P/E vs own history (42th pct)12/25
- FCF yield (-6.5%)0/25
- P/S (3.6x)20/25
- EV/EBIT (25.3x)5/25
- Growth24/100 · Weak
- Revenue CAGR (4.3%)6/25
- Net income CAGR (2.9%)6/25
- EPS CAGR 5Y (6.3%)12/25
- Fwd implied growth (-5.3%)0/25
- Profitability75/100 · Strong
- ROIC (4.0%)5/25
- ROE (17.2%)20/25
- Net margin (25.8%)25/25
- Operating margin (37.1%)25/25
- Financial Health18/100 · Weak
- Altman Z (0.27)3/25
- Current ratio (0.35)0/25
- Interest coverage (0.4x)3/25
- Net cash / debt (D/A 27%)12/25
- Quality55/100 · Moderate
- Piotroski F (4/9)10/25
- Beneish M (-2.27)20/25
- FCF conversion (-92%)0/25
- Margin stability (σ 4.2%)25/25
- Moat25/100 · Weak
- ROIC >12% years (0/9 yrs)0/25
- Median gross margin (n/a)0/25
- FCF-positive years (1/5 yrs)0/25
- Worst-year net margin (worst 16.1%)25/25
Risk Flags
- ⚠Altman Z 0.3 — distress-zone balance sheet
- ⚠Negative FCF margin (-0.2%) — burning cash
- ⚠Interest coverage 0.4× — thin debt cushion
About Morgan Stanley
Morgan Stanley is a massive global financial services firm, with offices in 42 countries and more than 82,000 employees as of year-end 2025. Show more
The firm cut its teeth in investment banking and institutional trading, where it maintains a strong presence today, but generates the lion share of its income from wealth and asset management franchises, where it boasted $9.3 trillion in client assets at the end of 2025. After reincorporation as a bank holding company in the wake of the global financial crisis, Morgan Stanley also boasts a top 10 banking franchise by deposits, with more than $400 billion in customer deposits, predominately attributable to cash sweeps from its wealth management and brokerage businesses.
Headquarters: NEW YORK, NY · Employees: 83,000 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
37DP/E (TTM)14.1xA
Grade A: CheapPrice / TTM EPS (own statements) — vs own 5Y history: 8.8x–20.3x · 42nd pct
P/FCF12.9xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield-6.5%D
Grade D: NegativeTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -6.6%–-1.1% · lowest in history
P/S (TTM)3.64xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 2.2x–4.9x · 77th pct
EV/EBIT25.3xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 25.3x–34.3x · lowest in history
EV/Sales8.6xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E14.9xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.42xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio1.37B
Grade B: FairFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield2.40%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio33.6%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
75B+ROIC4.0%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE17.2%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA1.3%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin25.8%A
Grade A: HighNet Income / Revenue
Operating Margin37.1%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin57.2%A
Grade A: PremiumGross Profit / Revenue
FCF Margin-23.8%D
Grade D: LowFCF / Revenue
True FCF Margin-26.4%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
24ERevenue CAGR4.3%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR2.9%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)6.3%C
Grade C: OkCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth-5.3%D
Grade D: Decl.Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-14.1%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income10.2%C
Grade C: MedStock-based comp/Net income. >30% = dilution risk
SBC / Revenue2.6%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
18EAltman Z-Score0.27D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.35xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.35xD
Grade D: Low(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage0.4xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT15.5xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity5.17xD
Grade D: HighDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.26xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
55CPiotroski F-Score4/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.27A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion-92.2%D
Grade D: PoorFCF / Net Income
Margin Stability4.2%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue3.8%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.09xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
MITSUBISHI UFJ FINANCIAL GROUP INC Filed | MITSUBISHI UFJ FINANCIAL GROUP INC | SellDisposition | -1340519 | |
MITSUBISHI UFJ FINANCIAL GROUP INC Filed | MITSUBISHI UFJ FINANCIAL GROUP INC | SellDisposition | -414396 | |
SCHAPIRO MARY L Filed | SCHAPIRO MARY L | Gift | -2325 | |
SCHAPIRO MARY L Filed | SCHAPIRO MARY L | SellOpen market sale | -1000 | |
Pizzi Michael A. Filed | Pizzi Michael A. | SellOpen market sale | -7101 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Pizzi Michael A. Filed | Pizzi Michael A. | SellOpen market sale | -17064 | |
YESHAYA SHARON Filed | YESHAYA SHARON | SellOpen market sale | -9172 | |
YESHAYA SHARON Filed | YESHAYA SHARON | SellOpen market sale | -6382 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
25EROIC >12% Years0/9 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)—
Median annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years1/5 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor16.1%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$12.83
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$101.87
Cash & short-term investments per share (Finnhub)
Book Value / Share$74.00
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$607.50B
Total debt obligations (short + long term)
Cash & Equiv.$160.13B
Cash and short-term investments
Net Debt$447.36B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$117.44B
Shareholders' equity (book value)
Asset / Liability1.08xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$283.80B
Current Market Capitalization
Beta1.23C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Morgan Stanley (MS)
MS is down 0.84% at the last close. Piotroski F-Score of 4/9 indicates mixed fundamentals for Morgan Stanley. Altman Z-Score of 0.27 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -2.27 suggests a low likelihood of earnings manipulation.
- Free-cash-flow margin is negative (-24%) — the business currently burns cash.
- Company has negative FCF, making debt repayment from operations difficult.
- Interest coverage of 0.4× leaves little room for earnings shocks.
- The stock currently yields 2.4% in dividends.
See how MS ranks on the Capex Tracker — top 50 capital spenders compared.
Earnings
View earnings calendar →Recent Earnings Results
| Date | Time | EPS Est. | EPS Actual | Surprise | Rev Est. | Rev Actual |
|---|---|---|---|---|---|---|
| Oct 14, 2026 | After-Hrs | $3.00 | $3.03 | +1.1% | $20.6B | $20.3B |
No significant market moves for MS in the last 30 days.
See MS move history →Frequently Asked Questions about MS
What is the current Morgan Stanley (MS) stock price?
MS is trading at $180.57 at the last market close, down 0.84% on the session. PreMarketPrice tracks MS pre-market, intraday and after-hours prices.
Is MS stock a buy right now?
PreMarketPrice's quantitative model rates Morgan Stanley's financial health at 18/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is MS stock overvalued?
Morgan Stanley trades at a trailing P/E of 14.1 and our valuation score rates it 37/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Morgan Stanley report earnings?
No confirmed earnings date is currently scheduled for MS. The Earnings section lists recent reports and updates as dates are announced.
What sector does Morgan Stanley operate in?
Morgan Stanley operates in the Financial Services sector, within the Security Brokers, Dealers & Flotation Companies industry. The Related Stocks section lists sector peers for comparison.
What does Morgan Stanley do?
Morgan Stanley is a massive global financial services firm, with offices in 42 countries and more than 82,000 employees as of year-end 2025.
About Morgan Stanley (MS) Stock
Morgan Stanley (MS) is a US-listed stock operating in the Financial Services sector, specifically the Security Brokers, Dealers & Flotation Companies industry. As of the latest update, Morgan Stanley is trading at $180.57, down 0.84% on the day with a market capitalization of $283.8 billion. The financial health score for MS is 18/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for MS stock.
MS Stock Analysis & Key Metrics
On PreMarketPrice, you can track Morgan Stanley (MS) across multiple dimensions:
- Pre-market price & movement: Real-time MS stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Earnings calendar: Upcoming and past earnings reports for MS, including EPS estimates, actual results, and surprise percentages.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for MS with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Morgan Stanley across multiple reporting periods.
- Financial health score: A composite score of 18/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for MS.
- Sector peers: Compare MS against 6 other financial services stocks on key financial metrics.
Is MS a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Morgan Stanley (MS) as an investment. The financial health score of 18/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average. Earnings data reveals whether the company is meeting or beating analyst expectations.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Morgan Stanley (MS) trades on NYSE. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.