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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 EV/FCF Ratio
76.79x+18.38% 1Y
Zoom

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

NAMEMARKET CAPEV/FCF RATIOTTM3Y5Y
Morgan Stanley (MS)$327.17B13.94x48.89x37.78x35.81x
The Goldman Sachs Group, Inc. (GS)$296.20BN/A49.06x34.41x25.36x
Bank of America Corporation (BAC)$388.93B9.68x50.43x33.70x64.50x
Wells Fargo & Company (WFC)$251.58B458.18x251.26x52.53x41.69x
Citigroup Inc. (C)$228.07BN/A18.56x27.07x25.22x
Mastercard Incorporated (MA)$432.15B25.28x30.31x35.50x37.90x
American Express Company (AXP)$214.47B15.53x16.30x12.65x11.82x
Invesco QQQ Trust, Series 1 (QQQ)$488.15BN/AN/AN/AN/A
BlackRock, Inc. (BLK)$156.77B48.22x46.16x36.59x32.56x
The Charles Schwab Corporation (SCHW)$156.50B15.00x14.59x18.34x27.29x

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

DATEEV/FCF RATIO
2023-02-2376.79x
2023-02-2276.56x
2023-02-2176.68x
2023-02-1777.32x
2023-02-1677.34x
2023-02-1577.77x
2023-02-1477.68x
2023-02-1377.30x
2023-02-1076.96x
2023-02-0976.83x
2023-02-0877.14x
2023-02-0777.22x
2023-02-0677.12x
2023-02-0377.30x
2023-02-0277.22x
2023-02-0176.87x
2023-01-3176.58x
2023-01-3076.12x
2023-01-2776.42x
2023-01-2676.30x
2023-01-2576.01x
2023-01-2475.96x
2023-01-2376.51x
2023-01-2076.21x
2023-01-1975.50x
2023-01-1876.33x
2023-01-1776.50x
2023-01-1374.65x
2023-01-1274.27x
2023-01-1173.90x
2023-01-1073.72x
2023-01-0973.29x
2023-01-0673.26x
2023-01-0572.70x
2023-01-0472.95x
2023-01-0372.63x
2022-12-3072.40x
2022-12-2972.47x
2022-12-2872.20x
2022-12-2772.41x
2022-12-2372.77x
2022-12-2272.85x
2022-12-2173.02x
2022-12-2072.44x
2022-12-1972.58x
2022-12-1673.02x
2022-12-1573.34x
2022-12-1474.26x
2022-12-1375.01x
2022-12-1274.47x
2022-12-0973.91x
2022-12-0873.64x
2022-12-0773.16x
2022-12-0673.24x
2022-12-0574.02x
2022-12-0274.80x
2022-12-0175.11x
2022-11-3075.13x
2022-11-2974.46x
2022-11-2874.05x
2022-11-2574.40x
2022-11-2374.07x
2022-11-2273.98x
2022-11-2173.78x
2022-11-1873.82x
2022-11-1773.73x
2022-11-1674.03x
2022-11-1574.26x
2022-11-1474.02x
2022-11-1174.35x
2022-11-1073.68x
2022-11-0971.86x
2022-11-0872.48x
2022-11-0772.58x
2022-11-0472.34x
2022-11-0371.92x
2022-11-0223.93x
2022-11-0123.86x
2022-10-3123.68x
2022-10-2823.68x
2022-10-2723.51x
2022-10-2623.53x
2022-10-2523.49x
2022-10-2423.36x
2022-10-2123.34x
2022-10-2023.04x
2022-10-1923.16x
2022-10-1823.36x
2022-10-1723.10x
2022-10-1422.89x
2022-10-1323.35x
2022-10-1223.04x
2022-10-1123.08x
2022-10-1023.24x
2022-10-0723.30x
2022-10-0623.58x
2022-10-0523.79x
2022-10-0423.89x
2022-10-0323.47x
2022-09-3023.31x
2022-09-2923.41x
2022-09-2823.60x
2022-09-2723.37x
2022-09-2623.40x
2022-09-2323.60x
2022-09-2223.98x
2022-09-2124.16x
2022-09-2024.26x
2022-09-1924.44x
2022-09-1624.29x
2022-09-1524.38x
2022-09-1424.26x
2022-09-1324.24x
2022-09-1224.60x
2022-09-0924.52x
2022-09-0824.40x
2022-09-0724.22x
2022-09-0624.02x
2022-09-0224.17x
2022-09-0124.14x
2022-08-3124.03x
2022-08-3023.94x
2022-08-2924.05x
2022-08-2624.22x
2022-08-2524.57x
2022-08-2424.42x
2022-08-2324.39x
2022-08-2224.41x
2022-08-1924.59x
2022-08-1824.78x
2022-08-1724.74x
2022-08-1624.79x
2022-08-1524.82x
2022-08-1224.78x
2022-08-1124.61x
2022-08-1024.46x
2022-08-0924.16x
2022-08-0824.13x
2022-08-0524.14x
2022-08-0472.25x
2022-08-0372.14x
2022-08-0271.59x
2022-08-0171.79x
2022-07-2971.87x
2022-07-2871.38x
2022-07-2771.23x
2022-07-2670.61x
2022-07-2571.24x
2022-07-2271.20x
2022-07-2171.41x
2022-07-2070.98x
2022-07-1970.92x
2022-07-1869.92x
2022-07-1569.63x
2022-07-1468.42x
2022-07-1368.53x
2022-07-1268.87x
2022-07-1168.83x
2022-07-0869.16x
2022-07-0769.25x
2022-07-0668.70x
2022-07-0568.93x
2022-07-0169.16x
2022-06-3068.91x
2022-06-2969.68x
2022-06-2869.67x
2022-06-2769.41x
2022-06-2469.55x
2022-06-2368.17x
2022-06-2268.32x
2022-06-2168.40x
2022-06-1767.78x
2022-06-1668.16x
2022-06-1568.90x
2022-06-1468.52x
2022-06-1368.60x
2022-06-1069.40x
2022-06-0970.74x
2022-06-0871.47x
2022-06-0772.24x
2022-06-0672.07x
2022-06-0371.80x
2022-06-0272.19x
2022-06-0172.12x
2022-05-3172.53x
2022-05-2772.64x
2022-05-2672.12x
2022-05-2571.13x
2022-05-2471.03x
2022-05-2371.16x
2022-05-2070.10x
2022-05-1970.31x
2022-05-1870.57x
2022-05-1771.38x
2022-05-1670.29x
2022-05-1370.52x
2022-05-1269.82x
2022-05-1169.93x
2022-05-1070.42x
2022-05-0970.74x
2022-05-0671.84x
2022-05-0572.10x
2022-05-0472.92x
2022-05-0311.62x
2022-05-0211.52x
2022-04-2911.44x
2022-04-2811.60x
2022-04-2711.54x
2022-04-2611.54x
2022-04-2511.70x
2022-04-2211.68x
2022-04-2111.91x
2022-04-2012.01x
2022-04-1911.91x
2022-04-1811.78x
2022-04-1411.68x
2022-04-1311.64x
2022-04-1211.63x
2022-04-1111.64x
2022-04-0811.64x
2022-04-0711.59x
2022-04-0611.59x
2022-04-0511.71x
2022-04-0411.82x
2022-04-0111.81x
2022-03-3111.83x
2022-03-3011.99x
2022-03-2912.08x
2022-03-2812.05x
2022-03-2512.11x
2022-03-2412.10x
2022-03-2312.11x
2022-03-2212.21x
2022-03-2112.12x
2022-03-1812.25x
2022-03-1712.19x
2022-03-1612.07x
2022-03-1511.77x
2022-03-1411.68x
2022-03-1111.70x
2022-03-1011.74x
2022-03-0911.83x
2022-03-0811.60x
2022-03-0711.61x
2022-03-0411.77x
2022-03-0311.85x
2022-03-0211.88x
2022-03-0111.84x
2022-02-2812.02x
2022-02-2512.23x
2022-02-2412.08x
2022-02-2364.87x
2022-02-2265.23x
2022-02-1865.43x
2022-02-1765.65x
2022-02-1667.15x
2022-02-1567.84x
2022-02-1467.58x
2022-02-1168.18x
2022-02-1069.08x

Showing the most recent 260 of 2,904 data points. The chart above shows the full history.

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