Morgan Stanley (MS) vs Wells Fargo & Company (WFC)
WFC leads on 11 of 16 compared metrics.
A side-by-side comparison of Morgan Stanley and Wells Fargo & Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
MS
Morgan Stanley
$214.04Financial Services
WFC
Wells Fargo & Company
$83.74Financial Services
Total return — MS vs WFC
growth of $100 · last 30yMS +1582.7%WFC +867.0%MS compounded faster
MS WFC
MS vs WFC: by the numbers
- •MS is the larger company ($337.60B vs $256.26B market cap).
- •WFC trades at the lower earnings multiple (12.82 vs 19.46 P/E).
- •WFC converts more revenue to profit (17.29% vs 15.13% net margin).
- •MS grew revenue faster over the past five years (17.47% vs 9.46% CAGR).
- •WFC pays the higher dividend yield (2.15% vs 1.87%).
Which is better, MS or WFC?
Metric tally: MS 5 · WFC 11It depends on what you're optimizing for:
ValueWFC(lower P/E)
GrowthMS(faster 5Y revenue CAGR)
IncomeWFC(higher dividend yield)
QualityWFC(higher ROIC)
Valuation
| Metric | MS | WFC |
|---|---|---|
| P/E ratio | 19.46 | 12.82● |
| Forward P/E | 18.00 | 11.96● |
| P/S ratio | 2.84 | 2.14● |
| P/B ratio | 2.98 | 1.51● |
| PEG ratio | 0.58● | 0.79 |
| EV / EBITDA | 22.11 | 17.27● |
| FCF yield | — | 0.44% |
Profitability
| Metric | MS | WFC |
|---|---|---|
| Gross margin | 57.99% | 64.55%● |
| Operating margin | 19.48% | 20.47%● |
| Net margin | 15.13% | 17.29%● |
| ROE | 15.91%● | 12.18% |
| ROIC | 1.69% | 3.16%● |
Dividends
| Metric | MS | WFC |
|---|---|---|
| Dividend yield | 1.87% | 2.15%● |
| Payout ratio | 38.68% | 28.17% |
Growth (annualized)
| Metric | MS | WFC |
|---|---|---|
| Revenue CAGR (5Y) | 17.47%● | 9.46% |
| EPS CAGR (5Y) | 9.56% | 72.38%● |
| FCF CAGR (5Y) | 28.69%● | -10.02% |
| Total return CAGR (5Y) | 22.22%● | 15.64% |
Frequently asked
- Which is better, MS or WFC?
- It depends on your goal. value: WFC (lower P/E); growth: MS (faster 5Y revenue CAGR); income: WFC (higher dividend yield); quality: WFC (higher ROIC). Across all compared metrics, WFC leads 11 to 5.
- Is MS or WFC cheaper?
- On trailing earnings, WFC is cheaper: MS trades at a 19.46 P/E and WFC at 12.82.
- Which has grown faster, MS or WFC?
- Over the past five years, MS grew revenue faster — MS at a 17.47% CAGR versus WFC at 9.46%.
- Does MS or WFC pay a bigger dividend?
- MS yields 1.87% and WFC yields 2.15% based on trailing dividends and the latest price.
- Is MS or WFC more profitable?
- WFC runs the higher net margin — MS at 15.13% versus WFC at 17.29%.
- Which has been the better investment, MS or WFC?
- Over the past 10-year, MS delivered the higher annualized total return — MS at 27.20% versus WFC at 8.62%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Morgan Stanley P/E ratioWells Fargo & P/E ratioMorgan Stanley dividend yieldWells Fargo & dividend yieldMorgan Stanley ROEWells Fargo & ROEMorgan Stanley operating marginWells Fargo & operating marginMorgan Stanley revenue growthWells Fargo & revenue growthMorgan Stanley free cash flowWells Fargo & free cash flow
Morgan Stanley & Wells Fargo & 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 13, 2026.