Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 16.19% is in line with its 5-year average of 15.92%, around the middle of its 5-year range (6.27%–26.33%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.04% above its 12-month average of 15.27%.
Reported quarterly profit margin; no daily interpolation.
NET PROFIT MARGIN
16.19%
NET PROFIT MARGIN AVG TTM
15.27%
NET PROFIT MARGIN AVG 3Y
13.71%
NET PROFIT MARGIN AVG 5Y
13.64%
NET PROFIT MARGIN AVG 10Y
16.98%
NET PROFIT MARGIN AVG 15Y
16.36%
NET PROFIT MARGIN AVG 20Y
14.45%
CURRENT VS TTM AVG
+6.04%
CURRENT VS 3Y AVG
+18.07%
CURRENT VS 5Y AVG
+18.73%
CURRENT VS 10Y AVG
-4.67%
CURRENT VS 15Y AVG
-1.01%
CURRENT VS 20Y AVG
+12.09%
SECTOR MEDIAN · FINANCIAL SERVICES
18.06%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
-10.35%
vs the sector median at left
Morgan Stanley
Market Cap
$332.03B
Net Profit Margin
16.19%
TTM Avg
15.27%
3Y Avg
13.71%
5Y Avg
13.64%
Market Cap
$300.43B
Net Profit Margin
17.78%
TTM Avg
12.49%
3Y Avg
12.30%
5Y Avg
16.70%
Market Cap
$264.55B
Net Profit Margin
17.54%
TTM Avg
16.50%
3Y Avg
16.50%
5Y Avg
16.12%
Market Cap
$227.07B
Net Profit Margin
10.77%
TTM Avg
13.55%
3Y Avg
13.26%
5Y Avg
13.23%
Market Cap
$439.63B
Net Profit Margin
18.95%
TTM Avg
15.02%
3Y Avg
17.34%
5Y Avg
20.42%
Market Cap
$183.03B
Net Profit Margin
33.62%
TTM Avg
27.42%
3Y Avg
26.72%
5Y Avg
27.49%
Market Cap
$169.00B
Net Profit Margin
24.09%
TTM Avg
27.07%
3Y Avg
28.48%
5Y Avg
29.14%
Market Cap
$168.90B
Net Profit Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Morgan Stanley (MS) | $332.03B | 16.19% | 15.27% | 13.71% | 13.64% |
| The Goldman Sachs Group, Inc. (GS)vs › | $300.43B | 17.78% | 12.49% | 12.30% | 16.70% |
| Wells Fargo & Company (WFC)vs › | $264.55B | 17.54% | 16.50% | 16.50% | 16.12% |
| Citigroup Inc. (C)vs › | $227.12B | 11.59% | 7.96% | 9.16% | 12.77% |
| American Express Company (AXP)vs › | $227.07B | 10.77% | 13.55% | 13.26% | 13.23% |
| Bank of America Corporation (BAC)vs › | $439.63B | 18.95% | 15.02% | 17.34% | 20.42% |
| The Charles Schwab Corporation (SCHW)vs › | $183.03B | 33.62% | 27.42% | 26.72% | 27.49% |
| BlackRock, Inc. (BLK)vs › | $169.00B | 24.09% | 27.07% | 28.48% | 29.14% |
| Vanguard FTSE Emerging Markets ETF (VWO)vs › | $168.90B | N/A | N/A | N/A | N/A |
| Mastercard Incorporated (MA)vs › | $506.38B | 46.34% | 45.68% | 45.16% | 44.76% |
Operating Margin
20.7%
Net Profit Margin
16.2%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-06-30 | 16.19% |
| 2026-03-31 | 17.01% |
| 2025-12-31 | 15.24% |
| 2025-09-30 | 15.34% |
| 2025-06-30 | 12.57% |
| 2025-03-31 | 15.46% |
| 2024-12-31 | 14.29% |
| 2024-09-30 | 12.11% |
| 2024-06-30 | 12.07% |
| 2024-03-31 | 13.46% |
| 2023-12-31 | 6.27% |
| 2023-09-30 | 10.67% |
| 2023-06-30 | 10.16% |
| 2023-03-31 | 14.01% |
| 2022-12-31 | 11.89% |
| 2022-09-30 | 16.73% |
| 2022-06-30 | 18.37% |
| 2022-03-31 | 25.54% |
| 2021-12-31 | 26.33% |
| 2021-09-30 | 26.08% |
| 2021-06-30 | 24.53% |
| 2021-03-31 | 27.07% |
| 2020-12-31 | 25.57% |
| 2020-09-30 | 23.43% |
| 2020-06-30 | 23.33% |
| 2020-03-31 | 15.18% |
| 2019-12-31 | 17.57% |
| 2019-09-30 | 17.35% |
| 2019-06-30 | 16.81% |
| 2019-03-31 | 18.73% |
| 2018-12-31 | 13.83% |
| 2018-09-30 | 17.59% |
| 2018-06-30 | 19.67% |
| 2018-03-31 | 21.63% |
| 2017-12-31 | 6.09% |
| 2017-09-30 | 17.41% |
| 2017-06-30 | 17.00% |
| 2017-03-31 | 18.50% |
| 2016-12-31 | 17.49% |
| 2016-09-30 | 17.46% |
| 2016-06-30 | 17.23% |
| 2016-03-31 | 13.87% |
| 2015-12-31 | 11.70% |
| 2015-09-30 | 12.77% |
| 2015-06-30 | 18.17% |
| 2015-03-31 | 23.17% |
| 2014-12-31 | -20.05% |
| 2014-09-30 | 18.21% |
| 2014-06-30 | 20.79% |
| 2014-03-31 | 15.70% |
| 2013-12-31 | 1.02% |
| 2013-09-30 | 10.42% |
| 2013-06-30 | 10.74% |
| 2013-03-31 | 10.78% |
| 2012-12-31 | 9.11% |
| 2012-09-30 | -15.85% |
| 2012-06-30 | 7.37% |
| 2012-03-31 | -1.16% |
| 2011-12-31 | -4.78% |
| 2011-09-30 | 19.26% |
| 2011-06-30 | 10.62% |
| 2011-03-31 | 10.27% |
| 2010-12-31 | 11.09% |
| 2010-09-30 | 1.54% |
| 2010-06-30 | 20.48% |
| 2010-03-31 | 17.01% |
| 2009-12-31 | 10.83% |
| 2009-09-30 | 7.71% |
| 2009-06-30 | 2.12% |
| 2009-03-31 | -3.40% |
| 2008-11-30 | -72.33% |
| 2008-08-31 | 8.53% |
| 2008-05-31 | 6.20% |
| 2008-02-29 | 7.32% |
| 2007-11-30 | -27.48% |
| 2007-08-31 | 7.27% |
| 2007-05-31 | 9.86% |
| 2007-02-28 | 10.83% |
| 2006-11-30 | 12.14% |
| 2006-08-31 | 9.93% |
| 2006-05-31 | 9.78% |
| 2006-02-28 | 8.66% |
| 2005-11-30 | 16.20% |
| 2005-08-31 | 1.09% |
| 2005-05-31 | 7.86% |
| 2005-02-28 | 12.16% |
| 2004-11-30 | 11.25% |
| 2004-08-31 | 8.55% |
| 2004-05-31 | 12.48% |
| 2004-02-29 | 13.07% |
| 2003-11-30 | 11.15% |
| 2003-08-31 | 11.73% |
| 2003-05-31 | 7.12% |
| 2003-02-28 | 10.64% |
| 2002-11-30 | 9.67% |
| 2002-08-31 | 7.49% |
