What is Morgan Stanley's capex?

Morgan Stanley (MS) reported capex of $754M in Q1 2026.

How has Morgan Stanley's capex changed year-over-year?

Morgan Stanley's capex increased by 5.8% year-over-year, from $713M to $754M.

What is the long-term trend for Morgan Stanley's capex?

Over 4 years (2021 to 2025), Morgan Stanley's capex has grown at a 5.9% compound annual growth rate (CAGR), from $2.31B to $2.9B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Morgan Stanley MS CapEx

Discontinued — last reported Q1 '26

CapEx at other companies

Jefferies Financial GroupJEF

$48M+9.9%

Charles Schwab CorporationSCHW

$140M+19.7%

Raymond James FinancialRJF

$45M-2.2%

Stifel FinancialSF

$47.85M+189%

Oppenheimer HoldingsOPY

$0-100%

Ameriprise FinancialAMP

$29M-19.4%

Other financials

Income statement

See full

Revenue$20.6B+16.0%

Net income$5.6B+29.0%

EPS (diluted)$3.43+31.9%

Balance sheet

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Cash & equivalents$133.53B+47.2%

Total debt$371.57B+18.4%

Total equity$114.29B+7.0%

Total assets$1.58T+21.6%

Cash flow

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Operating cash flow-$7.1B+70.4%

Free cash flow-$7.9B+68.2%

Valuation

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Market cap$350.36B+51.9%

Enterprise value$588.4B+28.2%

P/E19.3×+3.7×

P/S4.8×+1.3×

Profitability

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Net margin24.6%+2.4pp

FCF margin-54.3%-8.4pp

Returns & leverage

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Return on equity16.4%+2.5pp

Debt / equity3.3×+0.3×

Where this comes from

Reported directly by Morgan Stanley in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForProceedsFromProductiveAssets.

The official record: Morgan Stanley’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Morgan Stanley's capex?: Morgan Stanley (MS) reported capex of $754M in Q1 2026.
How has Morgan Stanley's capex changed year-over-year?: Morgan Stanley's capex increased by 5.8% year-over-year, from $713M to $754M.
What is the long-term trend for Morgan Stanley's capex?: Over 4 years (2021 to 2025), Morgan Stanley's capex has grown at a 5.9% compound annual growth rate (CAGR), from $2.31B to $2.9B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.