Morgan Stanley (MS) Debt/Equity Ratio: History & Chart

Morgan Stanley (MS)MSMorgan Stanley

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

www.morganstanley.com

Financial Services / Financial - Capital Markets

Sector: Financial Services
Industry: Financial - Capital Markets
CEO: Edward N. Pick

View full financials

MS Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.00

DEBT TO EQUITY RATIO AVG TTM

3.10

DEBT TO EQUITY RATIO AVG 3Y

3.56

DEBT TO EQUITY RATIO AVG 5Y

3.35

DEBT TO EQUITY RATIO AVG 10Y

3.23

DEBT TO EQUITY RATIO AVG 15Y

3.33

DEBT TO EQUITY RATIO AVG 20Y

4.46

CURRENT VS TTM AVG

-100.00%

CURRENT VS 3Y AVG

-100.00%

CURRENT VS 5Y AVG

-100.00%

CURRENT VS 10Y AVG

-100.00%

CURRENT VS 15Y AVG

-100.00%

CURRENT VS 20Y AVG

-100.00%

SECTOR MEDIAN · FINANCIAL SERVICES

0.54

median of 95 covered companies

CURRENT VS SECTOR MEDIAN

-100.00%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Morgan Stanley (MS)	$338.20B	0.00	3.10	3.56	3.35
The Goldman Sachs Group, Inc. (GS)vs ›	$313.07B	4.88	4.97	4.66	4.58
Wells Fargo & Company (WFC)vs ›	$264.40B	2.35	1.96	1.69	1.55
Bank of America Corporation (BAC)vs ›	$440.34B	1.21	1.72	1.84	1.81
Citigroup Inc. (C)vs ›	$226.75B	3.37	3.10	2.93	2.76
American Express Company (AXP)vs ›	$222.55B	1.73	1.71	1.74	1.79
Invesco QQQ Trust, Series 1 (QQQ)vs ›	$475.41B	N/A	N/A	N/A	N/A
Mastercard Incorporated (MA)vs ›	$476.83B	2.46	2.63	2.44	2.27
The Charles Schwab Corporation (SCHW)vs ›	$177.34B	0.63	0.78	1.01	0.78
BlackRock, Inc. (BLK)vs ›	$163.62B	0.27	0.29	0.26	0.25

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Morgan Stanley (MS)

$338.20B

0.00

3.10

3.56

3.35

The Goldman Sachs Group, Inc. (GS)vs ›

$313.07B

4.88

4.97

4.66

4.58

Wells Fargo & Company (WFC)vs ›

$264.40B

2.35

1.96

1.69

1.55

Bank of America Corporation (BAC)vs ›

$440.34B

1.21

1.72

1.84

1.81

Citigroup Inc. (C)vs ›

$226.75B

3.37

3.10

2.93

2.76

American Express Company (AXP)vs ›

$222.55B

1.73

1.71

1.74

1.79

Invesco QQQ Trust, Series 1 (QQQ)vs ›

$475.41B

N/A

Mastercard Incorporated (MA)vs ›

$476.83B

2.46

2.63

2.44

2.27

The Charles Schwab Corporation (SCHW)vs ›

$177.34B

0.63

0.78

1.01

0.78

BlackRock, Inc. (BLK)vs ›

$163.62B

0.27

0.29

0.26

0.25

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 0.00.

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

The debt to equity ratio of 0.00 is 100% below its 5-year average of 3.19, near the low end of its 5-year range (0.00–4.26).

What is the TTM average debt to equity ratio for Morgan Stanley (MS)?

The TTM average debt to equity ratio for MS stock is 3.10.

What is the 3Y average debt to equity ratio for Morgan Stanley (MS)?

The 3Y average debt to equity ratio for MS stock is 3.56.

What is the 5Y average debt to equity ratio for Morgan Stanley (MS)?

The 5Y average debt to equity ratio for MS stock is 3.35.

What is the 10Y average debt to equity ratio for Morgan Stanley (MS)?

The 10Y average debt to equity ratio for MS stock is 3.23.

What is the 15Y average debt to equity ratio for Morgan Stanley (MS)?

The 15Y average debt to equity ratio for MS stock is 3.33.

What is the 20Y average debt to equity ratio for Morgan Stanley (MS)?

The 20Y average debt to equity ratio for MS stock is 4.46.

DATE	DEBT TO EQUITY RATIO
2026-06-30	0.00
2026-03-31	3.45
2025-12-31	4.26
2025-09-30	3.77
2025-06-30	4.04
2025-03-31	3.72
2024-12-31	3.45
2024-09-30	3.61
2024-06-30	3.55
2024-03-31	3.72
2023-12-31	3.42
2023-09-30	3.36
2023-06-30	3.11
2023-03-31	3.17
2022-12-31	3.08
2022-09-30	2.85
2022-06-30	2.95
2022-03-31	2.90
2021-12-31	2.90
2021-09-30	2.85
2021-06-30	2.74
2021-03-31	2.63
2020-12-31	2.79
2020-09-30	2.93
2020-06-30	3.12
2020-03-31	2.96
2019-12-31	3.21
2019-09-30	3.19
2019-06-30	3.33
2019-03-31	3.06
2018-12-31	3.10
2018-09-30	3.32
2018-06-30	3.20
2018-03-31	3.29
2017-12-31	3.36
2017-09-30	3.30
2017-06-30	3.47
2017-03-31	3.37
2016-12-31	3.31
2016-09-30	3.14
2016-06-30	3.16
2016-03-31	2.82
2015-12-31	2.95
2015-09-30	3.07
2015-06-30	3.18
2015-03-31	3.13
2014-12-31	3.34
2014-09-30	3.43
2014-06-30	3.91
2014-03-31	4.22
2013-12-31	4.79
2013-09-30	6.71
2013-06-30	6.95
2013-03-31	6.95
2012-12-31	4.99
2012-09-30	6.93
2012-06-30	4.67
2012-03-31	7.07
2011-12-31	6.16
2011-09-30	7.10
2011-06-30	8.07
2011-03-31	8.78
2010-12-31	7.60
2010-09-30	9.28
2010-06-30	9.74
2010-03-31	10.56
2009-12-31	9.26
2009-09-30	10.61
2009-06-30	8.42
2009-03-31	5.19
2008-11-30	6.33
2008-08-31	15.82
2008-05-31	17.66
2008-02-29	22.07
2007-11-30	14.41
2007-08-31	25.84
2007-05-31	23.48
2007-02-28	24.67
2006-11-30	16.04
2006-08-31	23.25
2006-05-31	9.98
2006-02-28	9.97
2005-11-30	16.48
2005-08-31	22.99
2005-05-31	22.05
2005-02-28	21.81
2004-11-30	20.09
2004-08-31	12.34
2004-05-31	12.08
2004-02-29	10.07
2003-11-30	10.40
2003-08-31	16.94
2003-05-31	18.40
2003-02-28	17.63
2002-11-30	16.99
2002-08-31	14.49

DATE

DEBT TO EQUITY RATIO

2026-06-30

0.00

2026-03-31

3.45

2025-12-31

4.26

2025-09-30

3.77

2025-06-30

4.04

2025-03-31

3.72

2024-12-31

3.45

2024-09-30

3.61

2024-06-30

3.55

2024-03-31

3.72

2023-12-31

3.42

2023-09-30

3.36

2023-06-30

3.11

2023-03-31

3.17

2022-12-31

3.08

2022-09-30

2.85

2022-06-30

2.95

2022-03-31

2.90

2021-12-31

2.90

2021-09-30

2.85

2021-06-30

2.74

2021-03-31

2.63

2020-12-31

2.79

2020-09-30

2.93

2020-06-30

3.12

2020-03-31

2.96

2019-12-31

3.21

2019-09-30

3.19

2019-06-30

3.33

2019-03-31

3.06

2018-12-31

3.10

2018-09-30

3.32

2018-06-30

3.20

2018-03-31

3.29

2017-12-31

3.36

2017-09-30

3.30

2017-06-30

3.47

2017-03-31

3.37

2016-12-31

3.31

2016-09-30

3.14

2016-06-30

3.16

2016-03-31

2.82

2015-12-31

2.95

2015-09-30

3.07

2015-06-30

3.18

2015-03-31

3.13

2014-12-31

3.34

2014-09-30

3.43

2014-06-30

3.91

2014-03-31

4.22

2013-12-31

4.79

2013-09-30

6.71

2013-06-30

6.95

2013-03-31

6.95

2012-12-31

4.99

2012-09-30

6.93

2012-06-30

4.67

2012-03-31

7.07

2011-12-31

6.16

2011-09-30

7.10

2011-06-30

8.07

2011-03-31

8.78

2010-12-31

7.60

2010-09-30

9.28

2010-06-30

9.74

2010-03-31

10.56

2009-12-31

9.26

2009-09-30

10.61

2009-06-30

8.42

2009-03-31

5.19

2008-11-30

6.33

2008-08-31

15.82

2008-05-31

17.66

2008-02-29

22.07

2007-11-30

14.41

2007-08-31

25.84

2007-05-31

23.48

2007-02-28

24.67

2006-11-30

16.04

2006-08-31

23.25

2006-05-31

9.98

2006-02-28

9.97

2005-11-30

16.48

2005-08-31

22.99

2005-05-31

22.05

2005-02-28

21.81

2004-11-30

20.09

2004-08-31

12.34

2004-05-31

12.08

2004-02-29

10.07

2003-11-30

10.40

2003-08-31

16.94

2003-05-31

18.40

2003-02-28

17.63

2002-11-30

16.99

2002-08-31

14.49

Debt to Equity Ratio: 0.00

MS Debt to Equity Ratio

MS Average Debt to Equity Ratio Chart

MS Current vs Average Debt to Equity Ratio Chart

MS Debt to Equity Ratio Metrics

MS Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

MS Debt to Equity Ratio History

Related Metrics