Morgan Stanley (MS) Return on Invested Capital (ROIC): 1.69%
Is Morgan Stanley’s return on invested capital (ROIC) high or low?
Morgan Stanley's return on invested capital (ROIC) of 1.69% is 26% below its 5-year average of 2.29%, near the low end of its 5-year range (1.69%–3.10%).
The return on invested capital (ROIC) for Morgan Stanley (MS) is 1.69% as of Tuesday, June 9, 2026. It is below its 12-month average by 18.75% (2.08%).
MS Return on Invested Capital (ROIC) Chart
MS Average Return on Invested Capital (ROIC) Chart
MS Current vs Average Return on Invested Capital (ROIC) Chart
MS Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
1.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
2.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
1.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
1.41%
CURRENT VS TTM AVG
-18.75%
CURRENT VS 3Y AVG
-17.76%
CURRENT VS 5Y AVG
-26.09%
CURRENT VS 10Y AVG
-20.45%
CURRENT VS 15Y AVG
+0.75%
CURRENT VS 20Y AVG
+19.77%
MS Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Morgan Stanley (MS) | — | 1.69% | 2.08% | 2.05% | 2.29% |
| The Goldman Sachs Group, Inc. (GS) | $304.45B | 1.92% | 1.77% | 1.58% | 1.82% |
| Bank of America Corporation (BAC) | $386.20B | 3.39% | 2.82% | 2.82% | 2.93% |
| Wells Fargo & Company (WFC) | $250.94B | 3.16% | 3.37% | 3.29% | 3.29% |
| Citigroup Inc. (C) | $229.72B | 0.95% | 1.21% | 1.34% | 1.63% |
| Mastercard Incorporated (MA) | $437.59B | 48.63% | 46.52% | 44.16% | 40.01% |
| American Express Company (AXP) | $217.24B | 8.29% | 8.50% | 7.85% | 7.26% |
| Invesco QQQ Trust, Series 1 (QQQ) | $495.94B | N/A | N/A | N/A | N/A |
| BlackRock, Inc. (BLK) | $157.09B | 3.27% | 3.80% | 4.01% | 3.73% |
| The Charles Schwab Corporation (SCHW) | $154.38B | 9.50% | 7.55% | 7.32% | 6.89% |
Capital Efficiency
ROIC
1.7%
ROE
15.1%
Morgan Stanley Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Morgan Stanley Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Morgan Stanley (MS)?
- The return on invested capital (ROIC) for MS stock is 1.69%.
- Is Morgan Stanley's return on invested capital (ROIC) high or low?
- Morgan Stanley's return on invested capital (ROIC) of 1.69% is 26% below its 5-year average of 2.29%, near the low end of its 5-year range (1.69%–3.10%).
- What is the TTM average return on invested capital (ROIC) for Morgan Stanley (MS)?
- The TTM average return on invested capital (ROIC) for MS stock is 2.08%.
- What is the 3Y average return on invested capital (ROIC) for Morgan Stanley (MS)?
- The 3Y average return on invested capital (ROIC) for MS stock is 2.05%.
- What is the 5Y average return on invested capital (ROIC) for Morgan Stanley (MS)?
- The 5Y average return on invested capital (ROIC) for MS stock is 2.29%.
- What is the 10Y average return on invested capital (ROIC) for Morgan Stanley (MS)?
- The 10Y average return on invested capital (ROIC) for MS stock is 2.12%.
- What is the 15Y average return on invested capital (ROIC) for Morgan Stanley (MS)?
- The 15Y average return on invested capital (ROIC) for MS stock is 1.68%.
- What is the 20Y average return on invested capital (ROIC) for Morgan Stanley (MS)?
- The 20Y average return on invested capital (ROIC) for MS stock is 1.41%.
Morgan Stanley Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 1.69% |
| 2024-12-31 | 2.47% |
| 2023-12-31 | 1.78% |
| 2022-12-31 | 2.28% |
| 2021-12-31 | 3.10% |
| 2020-12-31 | 2.40% |
| 2019-12-31 | 2.30% |
| 2018-12-31 | 2.30% |
| 2017-12-31 | 1.57% |
| 2016-12-31 | 1.66% |
| 2015-12-31 | 1.82% |
| 2014-12-31 | 0.86% |
| 2013-12-31 | 0.74% |
| 2012-12-31 | 0.12% |
| 2011-12-31 | 0.84% |
| 2010-12-31 | 0.91% |
| 2009-12-31 | 0.20% |
| 2008-11-30 | 0.25% |
| 2007-11-30 | 0.26% |
| 2006-11-30 | 0.67% |
| 2005-11-30 | 0.62% |
| 2004-11-30 | 0.66% |
| 2003-11-30 | 0.64% |
| 2002-11-30 | 0.58% |
| 2001-11-30 | 0.77% |
| 2000-11-30 | 1.33% |
| 1999-11-30 | 1.34% |
| 1998-11-30 | 1.10% |
| 1997-11-30 | 0.88% |
| 1996-12-31 | 2.64% |
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