Morgan Stanley (NYSE: MS) net income
Morgan Stanley reported a net profit of $16,861m for fiscal 2025, 25.9% more than in fiscal 2024 ($13,390m). Its net margin was 23.9%. Earnings per share were $10.32.
Net income by fiscal year
| Fiscal year | Net income | Change | Net margin | Earnings per share |
|---|---|---|---|---|
| 2025 | $16,861m | +25.9% | 23.9% | $10.32 |
| 2024 | $13,390m | +47.4% | 21.7% | $8.04 |
| 2023 | $9,087m | −17.6% | 16.8% | $5.24 |
| 2022 | $11,029m | −26.6% | 20.6% | $6.23 |
| 2021 | $15,034m | +36.7% | 25.2% | $8.16 |
| 2020 | $10,996m | +21.6% | 22.6% | $6.55 |
| 2019 | $9,042m | +3.4% | 21.8% | $5.26 |
| 2018 | $8,748m | +43.2% | 21.8% | $4.81 |
| 2017 | $6,111m | +2.2% | 16.1% | $3.14 |
| 2016 | $5,979m | — | 17.3% | $2.98 |
The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the net income of Morgan Stanley
- How much did Morgan Stanley earn in fiscal 2025?
- Morgan Stanley reported a net profit of $16,861m for fiscal 2025. In fiscal 2024 it reported a net profit of $13,390m.
- What are the earnings per share of Morgan Stanley?
- They were $10.32 in fiscal 2025, compared with $8.04 in fiscal 2024.
- What is the net margin of Morgan Stanley?
- In fiscal 2025 its net profit was 23.9% of its revenue.
- What was the most profitable year for Morgan Stanley?
- Of its last 10 fiscal years, fiscal 2025, with $16,861m.
- Where do the figures for Morgan Stanley come from?
- From the annual report (Form 10-K) that Morgan Stanley files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that Morgan Stanley files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Morgan Stanley: the Morgan Stanley page · annual accounts · revenue · dividends paid · insider transactions.
Dividend per share of Morgan Stanley by fiscal year, with the filing behind every figure: Morgan Stanley dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.