Morgan Stanley (MS) vs The Charles Schwab Corporation (SCHW)
A side-by-side comparison of Morgan Stanley and The Charles Schwab Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 1, 2026. Differences are shown without an overall score or investment verdict.
MS
Morgan Stanley
$210.51Financial ServicesAt close: Jul 31, 2026, 4:00 PM ET
SCHW
The Charles Schwab Corporation
$105.24Financial ServicesDelayed quote: Jul 31, 2026, 4:00 PM EDT
Total return — MS vs SCHW
growth of $100 · dividends reinvested · last 30yMS +3543.0%SCHW +3888.0%SCHW compounded faster
MS SCHW
MS vs SCHW: by the numbers
- •MS is the larger company ($332.03B vs $183.03B market cap).
- •MS trades at the lower trailing earnings multiple (17.14 vs 19.13 P/E), one valuation lens rather than an overall verdict.
- •SCHW converts more revenue to profit (33.62% vs 15.99% net margin).
- •MS grew revenue faster over the past five years (18.41% vs 13.03% CAGR).
- •MS pays the higher dividend yield (1.90% vs 1.12%).
Metrics side by side
Valuation
| Metric | MS | SCHW |
|---|---|---|
| P/E ratio | 17.14 | 19.13 |
| Forward P/E | 16.36 | 16.18 |
| P/S ratio | 2.65 | 6.09 |
| P/B ratio | 2.93 | 3.67 |
| PEG ratio | 0.60 | 0.38 |
Profitability
| Metric | MS | SCHW |
|---|---|---|
| Gross margin | 59.72% | 86.67% |
| Operating margin | 20.70% | 43.49% |
| Net margin | 15.99% | 33.62% |
| ROE | 17.70% | 20.24% |
| ROIC | 1.69% | 9.50% |
Dividends
| Metric | MS | SCHW |
|---|---|---|
| Dividend yield | 1.90% | 1.12% |
| Payout ratio | 38.68% | 25.21% |
Growth (annualized)
| Metric | MS | SCHW |
|---|---|---|
| Revenue CAGR (5Y) | 18.41% | 13.03% |
| EPS CAGR (5Y) | 9.56% | 17.05% |
| Total return CAGR (5Y) | 20.76% | 10.60% |
Frequently asked
- Which has the lower trailing P/E, MS or SCHW?
- MS has the lower trailing P/E: MS trades at 17.14 and SCHW at 19.13. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, MS or SCHW?
- Over the past five years, MS grew revenue faster — MS at a 18.41% CAGR versus SCHW at 13.03%.
- Does MS or SCHW pay a bigger dividend?
- MS yields 1.90% and SCHW yields 1.12% based on trailing dividends and the latest price.
- Is MS or SCHW more profitable?
- SCHW runs the higher net margin — MS at 15.99% versus SCHW at 33.62%.
- How have MS and SCHW total returns compared?
- Over the past 10 years, MS delivered 25.49% and SCHW delivered 15.44% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Morgan Stanley P/E ratioCharles Schwab P/E ratioMorgan Stanley dividend yieldCharles Schwab dividend yieldMorgan Stanley ROECharles Schwab ROEMorgan Stanley operating marginCharles Schwab operating marginMorgan Stanley revenue growthCharles Schwab revenue growthMorgan Stanley free cash flowCharles Schwab free cash flow
Morgan Stanley & Charles Schwab 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 1, 2026.