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Morgan Stanley (MS)
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Morgan Stanley (MS) Enterprise Value (EV): $642.76B

The enterprise value (EV) for Morgan Stanley (MS) is $642.76B as of Wednesday, June 10, 2026.

MS Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$642.76B

MS Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Morgan Stanley (MS)$642.76B
The Goldman Sachs Group, Inc. (GS)$296.20B$720.14B
Bank of America Corporation (BAC)$388.93B$539.13B
Wells Fargo & Company (WFC)$251.58B$547.80B
Citigroup Inc. (C)$228.07B$578.63B
Mastercard Incorporated (MA)$432.15B$520.51B
American Express Company (AXP)$214.47B$267.17B
Invesco QQQ Trust, Series 1 (QQQ)$488.15BN/A
BlackRock, Inc. (BLK)$156.77B$169.54B
The Charles Schwab Corporation (SCHW)$156.50B$161.96B

Enterprise Value Calculation

Market Cap

$327.17B

+

Total Debt

$471.38B

Cash

$111.69B

=

Enterprise Value

$642.76B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Morgan Stanley Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Morgan Stanley Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Morgan Stanley (MS)?
The enterprise value (EV) for MS stock is $642.76B.

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