Blackstone Inc. (BX) vs Morgan Stanley (MS)
A side-by-side comparison of Blackstone Inc. and Morgan Stanley across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.
BX
Blackstone Inc.
$143.38Financial ServicesAt close: Aug 21, 2026, 4:00 PM ET
MS
Morgan Stanley
$214.20Financial ServicesAt close: Aug 21, 2026, 4:00 PM ET
Total return — BX vs MS
growth of $100 · dividends reinvested · last 10yBX +694.0% (+23.0%/yr)MS +836.5% (+25.1%/yr)MS compounded faster over this window
BX MS
BX vs MS: by the numbers
- •MS is the larger company ($337.85B vs $173.19B market cap).
- •MS trades at the lower trailing earnings multiple (17.44 vs 31.86 P/E), one valuation lens rather than an overall verdict.
- •BX converts more revenue to profit (21.93% vs 15.99% net margin).
- •MS grew revenue faster over the past five years (18.41% vs 3.73% CAGR).
- •BX pays the higher dividend yield (3.65% vs 1.94%).
Metrics side by side
Valuation
| Metric | BX | MS |
|---|---|---|
| P/E ratio | 31.86 | 17.44 |
| Forward P/E | 24.04 | 16.61 |
| P/S ratio | 7.00 | 2.70 |
| P/B ratio | 12.46 | 3.09 |
Profitability
| Metric | BX | MS |
|---|---|---|
| Gross margin | 88.82% | 59.72% |
| Operating margin | 52.08% | 20.70% |
| Net margin | 21.93% | 15.99% |
| ROE | 39.04% | 18.32% |
Dividends
| Metric | BX | MS |
|---|---|---|
| Dividend yield | 3.65% | 1.94% |
| Payout ratio | 134.79% | 40.14% |
Growth (annualized)
| Metric | BX | MS |
|---|---|---|
| Revenue CAGR (5Y) | 3.73% | 18.41% |
| EPS CAGR (5Y) | 20.94% | 9.56% |
| Total return CAGR (5Y) | 8.55% | 20.03% |
Frequently asked
- Which has the lower trailing P/E, BX or MS?
- MS has the lower trailing P/E: BX trades at 31.86 and MS at 17.44. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BX or MS?
- Over the past five years, MS grew revenue faster — BX at a 3.73% CAGR versus MS at 18.41%.
- Does BX or MS pay a bigger dividend?
- BX yields 3.65% and MS yields 1.94% based on trailing dividends and the latest price.
- Is BX or MS more profitable?
- BX runs the higher net margin — BX at 21.93% versus MS at 15.99%.
- How have BX and MS total returns compared?
- Over the past 10 years, BX delivered 23.00% and MS delivered 24.93% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Blackstone P/E ratioMorgan Stanley P/E ratioBlackstone dividend yieldMorgan Stanley dividend yieldBlackstone ROEMorgan Stanley ROEBlackstone operating marginMorgan Stanley operating marginBlackstone revenue growthMorgan Stanley revenue growth
Blackstone & Morgan Stanley appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 23, 2026.