Morgan Stanley (MS) EV/FCF Ratio: 13.94x
Is Morgan Stanley’s EV/FCF ratio high or low?
Morgan Stanley's EV/FCF ratio of 13.94x is 61% below its 5-year average of 35.81x, near the low end of its 5-year range (5.15x–94.96x).
The EV/FCF ratio for Morgan Stanley (MS) is 13.94x as of Wednesday, June 10, 2026. It is below its 12-month average by 71.49% (48.89x).
MS EV/FCF Ratio Chart
MS Average EV/FCF Ratio Chart
MS Current vs Average EV/FCF Ratio Chart
MS EV/FCF Ratio Metrics
EV/FCF RATIO
13.94x
EV/FCF RATIO AVG TTM
48.89x
EV/FCF RATIO AVG 3Y
37.78x
EV/FCF RATIO AVG 5Y
35.81x
EV/FCF RATIO AVG 10Y
34.84x
EV/FCF RATIO AVG 15Y
32.84x
EV/FCF RATIO AVG 20Y
34.93x
CURRENT VS TTM AVG
-71.49%
CURRENT VS 3Y AVG
-63.11%
CURRENT VS 5Y AVG
-61.07%
CURRENT VS 10Y AVG
-59.99%
CURRENT VS 15Y AVG
-57.55%
CURRENT VS 20Y AVG
-60.09%
MS Competitors' EV/FCF Ratio
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Morgan Stanley (MS) | $327.17B | 13.94x | 48.89x | 37.78x | 35.81x |
| The Goldman Sachs Group, Inc. (GS) | $296.20B | N/A | 49.06x | 34.41x | 25.36x |
| Bank of America Corporation (BAC) | $388.93B | 9.68x | 50.43x | 33.70x | 64.50x |
| Wells Fargo & Company (WFC) | $251.58B | 458.18x | 251.26x | 52.53x | 41.69x |
| Citigroup Inc. (C) | $228.07B | N/A | 18.56x | 27.07x | 25.22x |
| Mastercard Incorporated (MA) | $432.15B | 25.28x | 30.31x | 35.50x | 37.90x |
| American Express Company (AXP) | $214.47B | 15.53x | 16.30x | 12.65x | 11.82x |
| Invesco QQQ Trust, Series 1 (QQQ) | $488.15B | N/A | N/A | N/A | N/A |
| BlackRock, Inc. (BLK) | $156.77B | 48.22x | 46.16x | 36.59x | 32.56x |
| The Charles Schwab Corporation (SCHW) | $156.50B | 15.00x | 14.59x | 18.34x | 27.29x |
Cash Flow Valuation Comparison
EV/FCF
13.9x
P/FCF
N/A
FCF Yield
N/A
Formula: EV/FCF = Enterprise Value / Free Cash Flow
EV/FCF vs P/FCF:
- EV/FCF accounts for debt and cash through enterprise value
- P/FCF only considers equity value
- EV/FCF can be compared across companies with different debt levels
- Both measure how the market values cash generation
Morgan Stanley EV/FCF Ratio Formula & Definition
EV/FCF = Enterprise Value / Free Cash Flow (TTM)
Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Morgan Stanley EV/FCF Ratio FAQ
- What is the EV/FCF ratio for Morgan Stanley (MS)?
- The EV/FCF ratio for MS stock is 13.94x.
- Is Morgan Stanley's EV/FCF ratio high or low?
- Morgan Stanley's EV/FCF ratio of 13.94x is 61% below its 5-year average of 35.81x, near the low end of its 5-year range (5.15x–94.96x).
- What is the TTM average EV/FCF ratio for Morgan Stanley (MS)?
- The TTM average EV/FCF ratio for MS stock is 48.89x.
- What is the 3Y average EV/FCF ratio for Morgan Stanley (MS)?
- The 3Y average EV/FCF ratio for MS stock is 37.78x.
- What is the 5Y average EV/FCF ratio for Morgan Stanley (MS)?
- The 5Y average EV/FCF ratio for MS stock is 35.81x.
- What is the 10Y average EV/FCF ratio for Morgan Stanley (MS)?
- The 10Y average EV/FCF ratio for MS stock is 34.84x.
- What is the 15Y average EV/FCF ratio for Morgan Stanley (MS)?
- The 15Y average EV/FCF ratio for MS stock is 32.84x.
- What is the 20Y average EV/FCF ratio for Morgan Stanley (MS)?
- The 20Y average EV/FCF ratio for MS stock is 34.93x.
Morgan Stanley EV/FCF Ratio History
| DATE | EV/FCF RATIO |
|---|---|
| 2023-02-23 | 76.79x |
| 2023-02-22 | 76.56x |
| 2023-02-21 | 76.68x |
| 2023-02-17 | 77.32x |
| 2023-02-16 | 77.34x |
| 2023-02-15 | 77.77x |
| 2023-02-14 | 77.68x |
| 2023-02-13 | 77.30x |
| 2023-02-10 | 76.96x |
| 2023-02-09 | 76.83x |
| 2023-02-08 | 77.14x |
| 2023-02-07 | 77.22x |
| 2023-02-06 | 77.12x |
| 2023-02-03 | 77.30x |
| 2023-02-02 | 77.22x |
| 2023-02-01 | 76.87x |
| 2023-01-31 | 76.58x |
| 2023-01-30 | 76.12x |
| 2023-01-27 | 76.42x |
| 2023-01-26 | 76.30x |
| 2023-01-25 | 76.01x |
| 2023-01-24 | 75.96x |
| 2023-01-23 | 76.51x |
| 2023-01-20 | 76.21x |
| 2023-01-19 | 75.50x |
| 2023-01-18 | 76.33x |
| 2023-01-17 | 76.50x |
| 2023-01-13 | 74.65x |
| 2023-01-12 | 74.27x |
| 2023-01-11 | 73.90x |
| 2023-01-10 | 73.72x |
| 2023-01-09 | 73.29x |
| 2023-01-06 | 73.26x |
| 2023-01-05 | 72.70x |
| 2023-01-04 | 72.95x |
| 2023-01-03 | 72.63x |
| 2022-12-30 | 72.40x |
| 2022-12-29 | 72.47x |
| 2022-12-28 | 72.20x |
| 2022-12-27 | 72.41x |
| 2022-12-23 | 72.77x |
| 2022-12-22 | 72.85x |
| 2022-12-21 | 73.02x |
| 2022-12-20 | 72.44x |
| 2022-12-19 | 72.58x |
| 2022-12-16 | 73.02x |
| 2022-12-15 | 73.34x |
| 2022-12-14 | 74.26x |
| 2022-12-13 | 75.01x |
| 2022-12-12 | 74.47x |
| 2022-12-09 | 73.91x |
| 2022-12-08 | 73.64x |
| 2022-12-07 | 73.16x |
| 2022-12-06 | 73.24x |
| 2022-12-05 | 74.02x |
| 2022-12-02 | 74.80x |
| 2022-12-01 | 75.11x |
| 2022-11-30 | 75.13x |
| 2022-11-29 | 74.46x |
| 2022-11-28 | 74.05x |
| 2022-11-25 | 74.40x |
| 2022-11-23 | 74.07x |
| 2022-11-22 | 73.98x |
| 2022-11-21 | 73.78x |
| 2022-11-18 | 73.82x |
| 2022-11-17 | 73.73x |
| 2022-11-16 | 74.03x |
| 2022-11-15 | 74.26x |
| 2022-11-14 | 74.02x |
| 2022-11-11 | 74.35x |
| 2022-11-10 | 73.68x |
| 2022-11-09 | 71.86x |
| 2022-11-08 | 72.48x |
| 2022-11-07 | 72.58x |
| 2022-11-04 | 72.34x |
| 2022-11-03 | 71.92x |
| 2022-11-02 | 23.93x |
| 2022-11-01 | 23.86x |
| 2022-10-31 | 23.68x |
| 2022-10-28 | 23.68x |
| 2022-10-27 | 23.51x |
| 2022-10-26 | 23.53x |
| 2022-10-25 | 23.49x |
| 2022-10-24 | 23.36x |
| 2022-10-21 | 23.34x |
| 2022-10-20 | 23.04x |
| 2022-10-19 | 23.16x |
| 2022-10-18 | 23.36x |
| 2022-10-17 | 23.10x |
| 2022-10-14 | 22.89x |
| 2022-10-13 | 23.35x |
| 2022-10-12 | 23.04x |
| 2022-10-11 | 23.08x |
| 2022-10-10 | 23.24x |
| 2022-10-07 | 23.30x |
| 2022-10-06 | 23.58x |
| 2022-10-05 | 23.79x |
| 2022-10-04 | 23.89x |
| 2022-10-03 | 23.47x |
| 2022-09-30 | 23.31x |
| 2022-09-29 | 23.41x |
| 2022-09-28 | 23.60x |
| 2022-09-27 | 23.37x |
| 2022-09-26 | 23.40x |
| 2022-09-23 | 23.60x |
| 2022-09-22 | 23.98x |
| 2022-09-21 | 24.16x |
| 2022-09-20 | 24.26x |
| 2022-09-19 | 24.44x |
| 2022-09-16 | 24.29x |
| 2022-09-15 | 24.38x |
| 2022-09-14 | 24.26x |
| 2022-09-13 | 24.24x |
| 2022-09-12 | 24.60x |
| 2022-09-09 | 24.52x |
| 2022-09-08 | 24.40x |
| 2022-09-07 | 24.22x |
| 2022-09-06 | 24.02x |
| 2022-09-02 | 24.17x |
| 2022-09-01 | 24.14x |
| 2022-08-31 | 24.03x |
| 2022-08-30 | 23.94x |
| 2022-08-29 | 24.05x |
| 2022-08-26 | 24.22x |
| 2022-08-25 | 24.57x |
| 2022-08-24 | 24.42x |
| 2022-08-23 | 24.39x |
| 2022-08-22 | 24.41x |
| 2022-08-19 | 24.59x |
| 2022-08-18 | 24.78x |
| 2022-08-17 | 24.74x |
| 2022-08-16 | 24.79x |
| 2022-08-15 | 24.82x |
| 2022-08-12 | 24.78x |
| 2022-08-11 | 24.61x |
| 2022-08-10 | 24.46x |
| 2022-08-09 | 24.16x |
| 2022-08-08 | 24.13x |
| 2022-08-05 | 24.14x |
| 2022-08-04 | 72.25x |
| 2022-08-03 | 72.14x |
| 2022-08-02 | 71.59x |
| 2022-08-01 | 71.79x |
| 2022-07-29 | 71.87x |
| 2022-07-28 | 71.38x |
| 2022-07-27 | 71.23x |
| 2022-07-26 | 70.61x |
| 2022-07-25 | 71.24x |
| 2022-07-22 | 71.20x |
| 2022-07-21 | 71.41x |
| 2022-07-20 | 70.98x |
| 2022-07-19 | 70.92x |
| 2022-07-18 | 69.92x |
| 2022-07-15 | 69.63x |
| 2022-07-14 | 68.42x |
| 2022-07-13 | 68.53x |
| 2022-07-12 | 68.87x |
| 2022-07-11 | 68.83x |
| 2022-07-08 | 69.16x |
| 2022-07-07 | 69.25x |
| 2022-07-06 | 68.70x |
| 2022-07-05 | 68.93x |
| 2022-07-01 | 69.16x |
| 2022-06-30 | 68.91x |
| 2022-06-29 | 69.68x |
| 2022-06-28 | 69.67x |
| 2022-06-27 | 69.41x |
| 2022-06-24 | 69.55x |
| 2022-06-23 | 68.17x |
| 2022-06-22 | 68.32x |
| 2022-06-21 | 68.40x |
| 2022-06-17 | 67.78x |
| 2022-06-16 | 68.16x |
| 2022-06-15 | 68.90x |
| 2022-06-14 | 68.52x |
| 2022-06-13 | 68.60x |
| 2022-06-10 | 69.40x |
| 2022-06-09 | 70.74x |
| 2022-06-08 | 71.47x |
| 2022-06-07 | 72.24x |
| 2022-06-06 | 72.07x |
| 2022-06-03 | 71.80x |
| 2022-06-02 | 72.19x |
| 2022-06-01 | 72.12x |
| 2022-05-31 | 72.53x |
| 2022-05-27 | 72.64x |
| 2022-05-26 | 72.12x |
| 2022-05-25 | 71.13x |
| 2022-05-24 | 71.03x |
| 2022-05-23 | 71.16x |
| 2022-05-20 | 70.10x |
| 2022-05-19 | 70.31x |
| 2022-05-18 | 70.57x |
| 2022-05-17 | 71.38x |
| 2022-05-16 | 70.29x |
| 2022-05-13 | 70.52x |
| 2022-05-12 | 69.82x |
| 2022-05-11 | 69.93x |
| 2022-05-10 | 70.42x |
| 2022-05-09 | 70.74x |
| 2022-05-06 | 71.84x |
| 2022-05-05 | 72.10x |
| 2022-05-04 | 72.92x |
| 2022-05-03 | 11.62x |
| 2022-05-02 | 11.52x |
| 2022-04-29 | 11.44x |
| 2022-04-28 | 11.60x |
| 2022-04-27 | 11.54x |
| 2022-04-26 | 11.54x |
| 2022-04-25 | 11.70x |
| 2022-04-22 | 11.68x |
| 2022-04-21 | 11.91x |
| 2022-04-20 | 12.01x |
| 2022-04-19 | 11.91x |
| 2022-04-18 | 11.78x |
| 2022-04-14 | 11.68x |
| 2022-04-13 | 11.64x |
| 2022-04-12 | 11.63x |
| 2022-04-11 | 11.64x |
| 2022-04-08 | 11.64x |
| 2022-04-07 | 11.59x |
| 2022-04-06 | 11.59x |
| 2022-04-05 | 11.71x |
| 2022-04-04 | 11.82x |
| 2022-04-01 | 11.81x |
| 2022-03-31 | 11.83x |
| 2022-03-30 | 11.99x |
| 2022-03-29 | 12.08x |
| 2022-03-28 | 12.05x |
| 2022-03-25 | 12.11x |
| 2022-03-24 | 12.10x |
| 2022-03-23 | 12.11x |
| 2022-03-22 | 12.21x |
| 2022-03-21 | 12.12x |
| 2022-03-18 | 12.25x |
| 2022-03-17 | 12.19x |
| 2022-03-16 | 12.07x |
| 2022-03-15 | 11.77x |
| 2022-03-14 | 11.68x |
| 2022-03-11 | 11.70x |
| 2022-03-10 | 11.74x |
| 2022-03-09 | 11.83x |
| 2022-03-08 | 11.60x |
| 2022-03-07 | 11.61x |
| 2022-03-04 | 11.77x |
| 2022-03-03 | 11.85x |
| 2022-03-02 | 11.88x |
| 2022-03-01 | 11.84x |
| 2022-02-28 | 12.02x |
| 2022-02-25 | 12.23x |
| 2022-02-24 | 12.08x |
| 2022-02-23 | 64.87x |
| 2022-02-22 | 65.23x |
| 2022-02-18 | 65.43x |
| 2022-02-17 | 65.65x |
| 2022-02-16 | 67.15x |
| 2022-02-15 | 67.84x |
| 2022-02-14 | 67.58x |
| 2022-02-11 | 68.18x |
| 2022-02-10 | 69.08x |
Showing the most recent 260 of 2,904 data points. The chart above shows the full history.
Related Metrics
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.
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- CEO
- Edward N. Pick