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Morgan Stanley (MS) Debt to Equity Ratio: 4.26

Is Morgan Stanley’s debt to equity ratio high or low?

Morgan Stanley's debt to equity ratio of 4.26 is 28% above its 5-year average of 3.32, near the high end of its 5-year range (2.79–4.26).

The debt to equity ratio for Morgan Stanley (MS) is 4.26 as of Wednesday, June 10, 2026. It is above its 12-month average by 10.51% (3.85).

MS Debt to Equity Ratio Chart

MS Debt to Equity Ratio
4.26+23.48% 1Y
Zoom

MS Average Debt to Equity Ratio Chart

MS Current vs Average Debt to Equity Ratio Chart

MS Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

4.26

DEBT TO EQUITY RATIO AVG TTM

3.85

DEBT TO EQUITY RATIO AVG 3Y

3.55

DEBT TO EQUITY RATIO AVG 5Y

3.32

DEBT TO EQUITY RATIO AVG 10Y

3.26

DEBT TO EQUITY RATIO AVG 15Y

3.92

DEBT TO EQUITY RATIO AVG 20Y

5.46

CURRENT VS TTM AVG

+10.51%

CURRENT VS 3Y AVG

+19.92%

CURRENT VS 5Y AVG

+28.44%

CURRENT VS 10Y AVG

+30.78%

CURRENT VS 15Y AVG

+8.69%

CURRENT VS 20Y AVG

-21.98%

MS Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
Morgan Stanley (MS)$327.17B4.263.853.553.32
The Goldman Sachs Group, Inc. (GS)$296.20B4.884.974.664.58
Bank of America Corporation (BAC)$388.93B1.211.721.841.81
Wells Fargo & Company (WFC)$251.58B2.351.961.691.55
Citigroup Inc. (C)$228.07B3.373.102.932.76
Mastercard Incorporated (MA)$432.15B2.462.632.442.27
American Express Company (AXP)$214.47B1.731.711.741.79
Invesco QQQ Trust, Series 1 (QQQ)$493.31BN/AN/AN/AN/A
BlackRock, Inc. (BLK)$156.77B0.270.290.260.25
The Charles Schwab Corporation (SCHW)$156.50B0.630.781.010.78

Financial Health

Debt/Equity

4.26

Current Ratio

1.17

Morgan Stanley Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Morgan Stanley Debt to Equity Ratio FAQ

What is the debt to equity ratio for Morgan Stanley (MS)?
The debt to equity ratio for MS stock is 4.26.
Is Morgan Stanley's debt to equity ratio high or low?
Morgan Stanley's debt to equity ratio of 4.26 is 28% above its 5-year average of 3.32, near the high end of its 5-year range (2.79–4.26).
What is the TTM average debt to equity ratio for Morgan Stanley (MS)?
The TTM average debt to equity ratio for MS stock is 3.85.
What is the 3Y average debt to equity ratio for Morgan Stanley (MS)?
The 3Y average debt to equity ratio for MS stock is 3.55.
What is the 5Y average debt to equity ratio for Morgan Stanley (MS)?
The 5Y average debt to equity ratio for MS stock is 3.32.
What is the 10Y average debt to equity ratio for Morgan Stanley (MS)?
The 10Y average debt to equity ratio for MS stock is 3.26.
What is the 15Y average debt to equity ratio for Morgan Stanley (MS)?
The 15Y average debt to equity ratio for MS stock is 3.92.
What is the 20Y average debt to equity ratio for Morgan Stanley (MS)?
The 20Y average debt to equity ratio for MS stock is 5.46.

Morgan Stanley Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2025-12-314.26
2024-12-313.45
2023-12-313.42
2022-12-313.08
2021-12-312.90
2020-12-312.79
2019-12-313.21
2018-12-313.10
2017-12-313.36
2016-12-313.31
2015-12-312.95
2014-12-313.34
2013-12-314.79
2012-12-314.99
2011-12-316.16
2010-12-317.60
2009-12-319.26
2008-11-306.78
2007-11-3014.41
2006-11-3016.04
2005-11-3016.48
2004-11-3020.09
2003-11-3010.40
2002-11-3016.99
2001-11-3013.75
2000-11-3012.52
1999-11-3013.71
1998-11-3013.07
1997-11-3013.17
1996-12-315.35

About Morgan Stanley

Morgan Stanley operates as a prominent financial holding company, delivering a comprehensive suite of financial solutions and services. Its diverse clientele spans major corporations, governmental bodies, financial institutions, and individual clients across various global regions, including the Americas, Europe, the Middle East, Africa, and Asia. The firm's operations are structured into three primary divisions: Institutional Securities, Wealth Management, and Investment Management. Within the Institutional Securities segment, Morgan Stanley provides crucial capital-raising and strategic financial advisory services. This includes underwriting activities for debt, equity, and other financial instruments, alongside expert counsel on mergers and acquisitions, corporate reorganizations, real estate transactions, and project financing. Furthermore, this division is a key player in sales and trading, offering services like sales execution, financing solutions, prime brokerage, and market-making across equity and fixed-income products, encompassing foreign exchange and commodities. It also extends corporate and commercial real estate loans, furnishes secured lending facilities, supports sales and trading clients with financing, and engages in asset-backed and mortgage lending. Investment and research services, along with specific wealth management offerings, are also part of this segment. The Wealth Management segment caters to individual investors, as well as small to medium-sized enterprises and institutions. It offers a broad spectrum of services, from financial advisor-led and self-directed brokerage and investment guidance to comprehensive financial and wealth planning. This segment also delivers workplace solutions, such as stock plan administration, and provides annuity and insurance products. Lending options include securities-backed loans, residential real estate mortgages, and other credit facilities, complemented by banking and retirement plan services. Finally, the Investment Management segment is dedicated to providing specialized investment products, including equity, fixed income, liquidity, and alternative strategies. These offerings are distributed through institutional and intermediary channels to a sophisticated client base that features benefit and defined contribution plans, foundations, endowments, governmental entities, sovereign wealth funds, insurance companies, and corporate and third-party fund sponsors. Morgan Stanley's origins trace back to its founding in 1924, and its global headquarters are situated in New York, New York.

New York City, NY
81,000 employees
Financial Services / Financial - Capital Markets
Sector
Financial Services
Industry
Financial - Capital Markets
CEO
Edward N. Pick