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.

Compare

Total returnBX vs MS

growth of $100 · dividends reinvested · last 10y
BX +694.0% (+23.0%/yr)MS +836.5% (+25.1%/yr)MS compounded faster over this window
2004006008001kStart $10020182020202220242026$794$936
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

MetricBXMS
P/E ratio31.8617.44
Forward P/E24.0416.61
P/S ratio7.002.70
P/B ratio12.463.09

Profitability

MetricBXMS
Gross margin88.82%59.72%
Operating margin52.08%20.70%
Net margin21.93%15.99%
ROE39.04%18.32%

Dividends

MetricBXMS
Dividend yield3.65%1.94%
Payout ratio134.79%40.14%

Growth (annualized)

MetricBXMS
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.

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.