Which has the lower trailing P/E, GS or MS?

GS has the lower trailing P/E: GS trades at 16.18 and MS at 17.47. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, GS or MS?

Over the past five years, MS grew revenue faster — GS at a 13.76% CAGR versus MS at 18.41%.

Does GS or MS pay a bigger dividend?

GS yields 1.62% and MS yields 1.86% based on trailing dividends and the latest price.

Is GS or MS more profitable?

GS runs the higher net margin — GS at 17.78% versus MS at 15.99%.

How have GS and MS total returns compared?

Over the past 10 years, GS delivered 22.84% and MS delivered 25.41% annualized total return. Past performance doesn't predict future results.

The Goldman Sachs Group, Inc. (GS) vs Morgan Stanley (MS)

A side-by-side comparison of The Goldman Sachs Group, Inc. and Morgan Stanley across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

The Goldman Sachs Group, Inc.

$304.84B

$1,033.34Financial ServicesDelayed quote: Jul 28, 2026, 4:00 PM EDT

Morgan Stanley

$333.74B

$211.59Financial ServicesDelayed quote: Jul 28, 2026, 3:59 PM EDT

Total return — GS vs MS

growth of $100 · dividends reinvested · last 27y

GS +2019.5%MS +739.4%GS compounded faster

GS MS

GS vs MS: by the numbers

•MS is the larger company ($333.74B vs $304.84B market cap).
•GS trades at the lower trailing earnings multiple (16.18 vs 17.47 P/E), one valuation lens rather than an overall verdict.
•GS converts more revenue to profit (17.78% vs 15.99% net margin).
•MS grew revenue faster over the past five years (18.41% vs 13.76% CAGR).
•MS pays the higher dividend yield (1.86% vs 1.62%).

Metrics side by side

Valuation

Metric	GS	MS
P/E ratio	16.18	17.47
Forward P/E	15.11	16.68
P/S ratio	2.71	2.70
P/B ratio	2.60	2.99
PEG ratio	0.65	0.60

Profitability

Metric	GS	MS
Gross margin	47.48%	59.72%
Operating margin	24.81%	20.70%
Net margin	17.78%	15.99%
ROE	17.05%	17.70%
ROIC	1.92%	1.69%

Dividends

Metric	GS	MS
Dividend yield	1.62%	1.86%
Payout ratio	32.72%	38.68%

Growth (annualized)

Metric	GS	MS
Revenue CAGR (5Y)	13.76%	18.41%
EPS CAGR (5Y)	15.75%	9.56%
Total return CAGR (5Y)	25.27%	20.87%

Frequently asked

Which has the lower trailing P/E, GS or MS?: GS has the lower trailing P/E: GS trades at 16.18 and MS at 17.47. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, GS or MS?: Over the past five years, MS grew revenue faster — GS at a 13.76% CAGR versus MS at 18.41%.
Does GS or MS pay a bigger dividend?: GS yields 1.62% and MS yields 1.86% based on trailing dividends and the latest price.
Is GS or MS more profitable?: GS runs the higher net margin — GS at 17.78% versus MS at 15.99%.
How have GS and MS total returns compared?: Over the past 10 years, GS delivered 22.84% and MS delivered 25.41% annualized total return. Past performance doesn't predict future results.

Go deeper

Full GS analysis Full MS analysis Interactive comparison tool

Dig into the metrics

Goldman Sachs P/E ratio Morgan Stanley P/E ratio Goldman Sachs dividend yield Morgan Stanley dividend yield Goldman Sachs ROE Morgan Stanley ROE Goldman Sachs operating margin Morgan Stanley operating margin Goldman Sachs revenue growth Morgan Stanley revenue growth Goldman Sachs free cash flow Morgan Stanley free cash flow

Goldman Sachs & Morgan Stanley appear in these rankings

Fastest Revenue Growth Stocks Highest 10-Year Total Return Stocks Largest Companies by Market Cap

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 July 28, 2026.