Morgan Stanley (MS) vs The Charles Schwab Corporation (SCHW)
SCHW leads on 9 of 14 compared metrics.
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 June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
MS
Morgan Stanley
$214.04Financial Services
SCHW
The Charles Schwab Corporation
$91.10Financial Services
Total return — MS vs SCHW
growth of $100 · last 30yMS +1596.0%SCHW +2395.9%SCHW compounded faster
MS SCHW
MS vs SCHW: by the numbers
- •MS is the larger company ($337.60B vs $158.44B market cap).
- •SCHW trades at the lower earnings multiple (18.08 vs 19.46 P/E).
- •SCHW converts more revenue to profit (33.26% vs 15.13% net margin).
- •MS grew revenue faster over the past five years (17.47% vs 14.85% CAGR).
- •MS pays the higher dividend yield (1.87% vs 1.30%).
Which is better, MS or SCHW?
Metric tally: MS 5 · SCHW 9It depends on what you're optimizing for:
ValueSCHW(lower P/E)
GrowthMS(faster 5Y revenue CAGR)
IncomeMS(higher dividend yield)
QualitySCHW(higher ROIC)
Metrics side by side
Valuation
| Metric | MS | SCHW |
|---|---|---|
| P/E ratio | 19.46 | 18.08● |
| Forward P/E | 18.00 | 12.44● |
| P/S ratio | 2.84● | 5.63 |
| P/B ratio | 2.98● | 3.24 |
| PEG ratio | 0.58 | 0.36● |
Profitability
| Metric | MS | SCHW |
|---|---|---|
| Gross margin | 57.99% | 87.57%● |
| Operating margin | 19.48% | 43.04%● |
| Net margin | 15.13% | 33.26%● |
| ROE | 15.91% | 19.14%● |
| ROIC | 1.69% | 9.50%● |
Dividends
| Metric | MS | SCHW |
|---|---|---|
| Dividend yield | 1.87%● | 1.30% |
| Payout ratio | 38.68% | 25.21% |
Growth (annualized)
| Metric | MS | SCHW |
|---|---|---|
| Revenue CAGR (5Y) | 17.47%● | 14.85% |
| EPS CAGR (5Y) | 9.56% | 17.05%● |
| Total return CAGR (5Y) | 22.22%● | 5.66% |
Frequently asked
- Which is better, MS or SCHW?
- It depends on your goal. value: SCHW (lower P/E); growth: MS (faster 5Y revenue CAGR); income: MS (higher dividend yield); quality: SCHW (higher ROIC). Across all compared metrics, SCHW leads 9 to 5.
- Is MS or SCHW cheaper?
- On trailing earnings, SCHW is cheaper: MS trades at a 19.46 P/E and SCHW at 18.08.
- Which has grown faster, MS or SCHW?
- Over the past five years, MS grew revenue faster — MS at a 17.47% CAGR versus SCHW at 14.85%.
- Does MS or SCHW pay a bigger dividend?
- MS yields 1.87% and SCHW yields 1.30% based on trailing dividends and the latest price.
- Is MS or SCHW more profitable?
- SCHW runs the higher net margin — MS at 15.13% versus SCHW at 33.26%.
- Which has been the better investment, MS or SCHW?
- Over the past 10-year, MS delivered the higher annualized total return — MS at 27.20% versus SCHW at 13.78%. 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 June 15, 2026.