Morgan Stanley (MS) EBITDA Margin: 23.14%
Is Morgan Stanley’s ebitda margin high or low?
Morgan Stanley's ebitda margin of 23.14% is 18% below its 5-year average of 28.38%, near the low end of its 5-year range (18.20%–41.34%).
The ebitda margin for Morgan Stanley (MS) is 23.14% as of Tuesday, June 9, 2026. It is above its 12-month average by 2.39% (22.60%).
MS EBITDA Margin Chart
MS Average EBITDA Margin Chart
MS Current vs Average EBITDA Margin Chart
MS EBITDA Margin Metrics
EBITDA MARGIN
23.14%
EBITDA MARGIN AVG TTM
22.60%
EBITDA MARGIN AVG 3Y
23.09%
EBITDA MARGIN AVG 5Y
28.38%
EBITDA MARGIN AVG 10Y
28.27%
EBITDA MARGIN AVG 15Y
24.37%
EBITDA MARGIN AVG 20Y
21.01%
CURRENT VS TTM AVG
+2.39%
CURRENT VS 3Y AVG
+0.23%
CURRENT VS 5Y AVG
-18.47%
CURRENT VS 10Y AVG
-18.15%
CURRENT VS 15Y AVG
-5.03%
CURRENT VS 20Y AVG
+10.13%
MS Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Morgan Stanley (MS) | — | 23.14% | 22.60% | 23.09% | 28.38% |
| The Goldman Sachs Group, Inc. (GS) | $304.45B | 19.21% | 17.80% | 18.30% | 24.13% |
| Bank of America Corporation (BAC) | $386.20B | 20.89% | 18.62% | 20.89% | 24.00% |
| Wells Fargo & Company (WFC) | $250.94B | 23.76% | 24.21% | 24.89% | 26.28% |
| Citigroup Inc. (C) | $229.72B | 13.72% | 13.12% | 15.12% | 19.94% |
| Mastercard Incorporated (MA) | $437.59B | 61.58% | 60.61% | 59.82% | 59.50% |
| American Express Company (AXP) | $217.24B | 19.35% | 19.50% | 19.30% | 20.05% |
| Invesco QQQ Trust, Series 1 (QQQ) | $495.94B | N/A | N/A | N/A | N/A |
| BlackRock, Inc. (BLK) | $157.09B | 34.99% | 37.61% | 37.93% | 38.33% |
| The Charles Schwab Corporation (SCHW) | $154.38B | 46.33% | 40.72% | 39.84% | 41.10% |
Margin Comparison
Gross Margin
57.1%
EBITDA Margin
23.1%
Operating Margin
19.1%
Net Margin
14.7%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
Morgan Stanley EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Morgan Stanley EBITDA Margin FAQ
- What is the ebitda margin for Morgan Stanley (MS)?
- The ebitda margin for MS stock is 23.14%.
- Is Morgan Stanley's ebitda margin high or low?
- Morgan Stanley's ebitda margin of 23.14% is 18% below its 5-year average of 28.38%, near the low end of its 5-year range (18.20%–41.34%).
- What is the TTM average ebitda margin for Morgan Stanley (MS)?
- The TTM average ebitda margin for MS stock is 22.60%.
- What is the 3Y average ebitda margin for Morgan Stanley (MS)?
- The 3Y average ebitda margin for MS stock is 23.09%.
- What is the 5Y average ebitda margin for Morgan Stanley (MS)?
- The 5Y average ebitda margin for MS stock is 28.38%.
- What is the 10Y average ebitda margin for Morgan Stanley (MS)?
- The 10Y average ebitda margin for MS stock is 28.27%.
- What is the 15Y average ebitda margin for Morgan Stanley (MS)?
- The 15Y average ebitda margin for MS stock is 24.37%.
- What is the 20Y average ebitda margin for Morgan Stanley (MS)?
- The 20Y average ebitda margin for MS stock is 21.01%.
Morgan Stanley EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 23.14% |
| 2024-12-31 | 22.06% |
| 2023-12-31 | 18.20% |
| 2022-12-31 | 28.95% |
| 2021-12-31 | 41.34% |
| 2020-12-31 | 36.61% |
| 2019-12-31 | 27.10% |
| 2018-12-31 | 27.37% |
| 2017-12-31 | 29.26% |
| 2016-12-31 | 29.38% |
| 2015-12-31 | 27.57% |
| 2014-12-31 | 13.15% |
| 2013-12-31 | 17.24% |
| 2012-12-31 | 7.13% |
| 2011-12-31 | 20.05% |
| 2010-12-31 | 21.30% |
| 2009-12-31 | 8.32% |
| 2008-11-30 | 3.80% |
| 2007-11-30 | 3.95% |
| 2006-11-30 | 14.32% |
| 2005-11-30 | 15.42% |
| 2004-11-30 | 19.85% |
| 2003-11-30 | 17.09% |
| 2002-11-30 | 16.72% |
| 2001-11-30 | 14.62% |
| 2000-11-30 | 20.51% |
| 1999-11-30 | 23.91% |
| 1998-11-30 | 19.14% |
| 1997-11-30 | 17.00% |
| 1996-12-31 | 18.04% |