Other

Effective Income Tax Rate Reconciliation, Percent

Morgan Stanley Effective Income Tax Rate Reconciliation, Percent remained flat by 0.0% to 5.6% in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 2.6%, from 5.8% to 5.6%. Over 4 years (FY 2021 to FY 2025), Effective Income Tax Rate Reconciliation, Percent shows relatively stable performance with a -0.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement
SectionOther
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ4 2025Feb 19, 2026

How to read this metric

A lower rate generally improves net income, while a higher rate may indicate increased tax liabilities or fewer tax credits.

Detailed definition

This metric represents the total effective income tax rate applied to earnings from continuing operations. It is calcula...

Peer comparison

A standard financial ratio reported by all public companies to explain their tax efficiency.

Metric ID: other_effective_income_tax_rate_continuing_operations

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value23.1%20.7%21.9%23.1%22.5%
YoY Change-10.4%+5.8%+5.5%-2.6%
Range20.7%23.1%
CAGR-0.7%
Avg YoY Growth-0.4%
Median YoY Growth+1.4%

Frequently Asked Questions

What is Morgan Stanley's effective income tax rate reconciliation, percent?
Morgan Stanley (MS) reported effective income tax rate reconciliation, percent of 5.6% in Q4 2025.
How has Morgan Stanley's effective income tax rate reconciliation, percent changed year-over-year?
Morgan Stanley's effective income tax rate reconciliation, percent decreased by 2.6% year-over-year, from 5.8% to 5.6%.
What is the long-term trend for Morgan Stanley's effective income tax rate reconciliation, percent?
Over 4 years (2021 to 2025), Morgan Stanley's effective income tax rate reconciliation, percent has grown at a -0.7% compound annual growth rate (CAGR), from 23.1% to 22.5%.
What does effective income tax rate reconciliation, percent mean?
The actual percentage of pre-tax income paid as income taxes from ongoing business operations.