MORGAN STANLEYMS

Market cap

$281.8B

P/E ratio

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Investment banking	5,122	4,991	4,758	5,246	5,948	5,594	4,933	6,003	6,482	6,163	7,674	10,994	5,599	4,948	6,705
Trading	9,406	12,392	6,991	9,359	9,377	10,114	10,209	11,116	11,551	11,095	13,992	12,810	13,928	15,263	16,763
Investments	1,825	573	742	1,777	836	541	160	820	437	1,540	986	1,376	15	573	824
Commissions and fees	-	-	-	-	-	-	-	-	4,190	3,919	4,851	5,521	4,938	4,537	5,094
Asset management	7,957	8,502	9,008	9,638	-	-	-	-	12,898	13,083	14,272	19,967	19,578	19,617	22,499
Other	1,501	209	555	990	1,096	493	825	848	743	925	110	1,042	283	975	1,265
Total non-interest revenues	30,758	32,046	26,311	31,639	32,540	32,062	30,933	34,645	36,301	36,725	41,885	51,710	44,341	45,913	53,150
Interest income	7,278	7,264	5,725	5,209	5,413	5,835	7,016	8,997	13,892	17,098	10,162	9,411	21,595	50,281	54,135
Interest expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45,524
Net interest	864	357	-199	778	1,735	3,093	3,698	3,300	3,806	4,694	6,313	8,045	9,327	8,230	8,611
Net revenues	-	-	-	-	-	35,155	34,631	37,945	40,107	41,419	48,198	59,755	53,668	54,143	61,761
Provision for credit losses	-	-	-	-	-	-	-	-	-	-	-	4	280	532	264
Compensation and benefits	16,048	16,403	15,622	16,277	17,824	16,016	15,878	17,166	17,632	18,837	20,854	24,628	23,053	24,558	26,178
Brokerage, clearing and exchange fees	1,431	1,652	1,536	1,711	1,806	1,892	1,920	2,093	2,393	2,493	2,929	3,341	3,458	3,476	4,140
Information processing and communications	1,665	1,815	1,913	1,768	1,635	1,767	1,787	1,791	2,016	2,194	2,465	3,119	3,493	3,775	4,088
Professional Fees	1,911	1,803	1,923	1,894	2,117	2,298	2,128	2,169	2,265	2,137	2,205	2,933	3,070	3,058	2,901
Occupancy, Net	1,570	1,564	1,546	1,499	1,433	1,382	1,308	1,329	1,391	1,428	1,559	1,725	1,729	1,895	1,905
Marketing and Advertising Expense	582	602	602	638	658	681	587	609	691	660	434	643	905	898	965
Other	2,213	2,450	2,455	4,148	5,211	2,624	2,175	2,385	2,482	2,369	3,334	3,694	3,591	4,138	3,724
Total non-interest expenses	25,420	26,289	25,597	27,935	30,684	26,660	25,783	27,542	28,870	30,118	33,780	40,083	39,299	41,798	43,901
Income before provision for income taxes	-	6,114	515	4,482	3,591	8,495	8,848	10,403	11,237	11,301	14,418	19,668	14,089	11,813	17,596
Provision for income taxes	739	1,418	-239	826	-90	2,200	2,726	4,168	2,350	2,064	3,239	4,548	2,910	2,583	4,067
Net income	5,702	4,645	716	3,613	3,667	6,279	6,123	6,216	8,883	9,237	11,179	15,120	11,179	9,230	13,529
Net income applicable to noncontrolling interests	-	-	524	459	200	152	144	105	135	195	183	86	150	143	139
Net income applicable to Morgan Stanley	5,702	4,645	716	3,613	3,667	6,279	6,123	6,216	8,883	9,237	11,179	15,120	11,179	9,230	13,529
Preferred stock dividends	-	-	-	277	315	456	471	523	526	530	496	468	489	557	590
Earnings applicable to Morgan Stanley common shareholders	3,594	2,067	-30	2,655	3,152	5,671	5,508	5,588	8,222	8,512	10,500	14,566	10,540	8,530	12,800
Earnings Per Share, Basic	2.64	1.25	-0.02	1.39	1.64	2.97	2.98	3.14	4.81	5.26	6.55	8.16	6.23	5.24	8.04
Earnings Per Share, Diluted	2.63	1.23	-0.02	1.36	1.6	2.9	2.92	3.07	4.73	5.19	6.46	8.03	6.15	5.18	7.95