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

MS has the lower trailing P/E: MS trades at 17.73 and TD at 17.96. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, MS or TD?

Over the past five years, MS grew revenue faster — MS at a 18.41% CAGR versus TD at 16.57%.

Does MS or TD pay a bigger dividend?

MS yields 1.91% and TD yields 2.55% based on trailing dividends and the latest price.

Is MS or TD more profitable?

MS runs the higher net margin — MS at 15.99% versus TD at 14.41%.

How have MS and TD total returns compared?

Over the past 10 years, MS delivered 24.60% and TD delivered 15.02% annualized total return. Past performance doesn't predict future results.

Morgan Stanley (MS) vs The Toronto-Dominion Bank (TD)

A side-by-side comparison of Morgan Stanley and The Toronto-Dominion Bank across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 7, 2026. Differences are shown without an overall score or investment verdict.

Morgan Stanley

$343.37B

$217.70Financial ServicesDelayed quote: Sep 4, 2026, 4:00 PM EDT

The Toronto-Dominion Bank

$205.49B

$121.63Financial ServicesDelayed quote: Sep 4, 2026, 4:00 PM EDT

Total return — MS vs TD

growth of $100 · dividends reinvested · last 10y

MS +793.1% (+24.5%/yr)TD +313.6% (+15.3%/yr)MS compounded faster over this window

MS TD

MS vs TD: by the numbers

•MS is the larger company ($343.37B vs $205.49B market cap).
•MS trades at the lower trailing earnings multiple (17.73 vs 17.96 P/E), one valuation lens rather than an overall verdict.
•MS converts more revenue to profit (15.99% vs 14.41% net margin).
•MS grew revenue faster over the past five years (18.41% vs 16.57% CAGR).
•TD pays the higher dividend yield (2.55% vs 1.91%).

Metrics side by side

Valuation

Metric	MS	TD
P/E ratio	17.73	17.96
Forward P/E	16.88	11.83
P/S ratio	2.74	1.76
P/B ratio	3.14	1.58

Profitability

Metric	MS	TD
Gross margin	59.72%	54.21%
Operating margin	20.70%	17.92%
Net margin	15.99%	14.41%
ROE	18.32%	12.95%

Dividends

Metric	MS	TD
Dividend yield	1.91%	2.55%
Payout ratio	33.79%	45.81%

Growth (annualized)

Metric	MS	TD
Revenue CAGR (5Y)	18.41%	16.57%
EPS CAGR (5Y)	9.56%	11.35%
Total return CAGR (5Y)	19.58%	18.01%

Frequently asked

Which has the lower trailing P/E, MS or TD?: MS has the lower trailing P/E: MS trades at 17.73 and TD at 17.96. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MS or TD?: Over the past five years, MS grew revenue faster — MS at a 18.41% CAGR versus TD at 16.57%.
Does MS or TD pay a bigger dividend?: MS yields 1.91% and TD yields 2.55% based on trailing dividends and the latest price.
Is MS or TD more profitable?: MS runs the higher net margin — MS at 15.99% versus TD at 14.41%.
How have MS and TD total returns compared?: Over the past 10 years, MS delivered 24.60% and TD delivered 15.02% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MS analysis Full TD analysis Interactive comparison tool

Dig into the metrics

Morgan Stanley P/E ratio Toronto-Dominion Bank P/E ratio Morgan Stanley dividend yield Toronto-Dominion Bank dividend yield Morgan Stanley ROE Toronto-Dominion Bank ROE Morgan Stanley operating margin Toronto-Dominion Bank operating margin Morgan Stanley revenue growth Toronto-Dominion Bank revenue growth

Morgan Stanley & Toronto-Dominion Bank appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

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 September 7, 2026.