Amortization expense
Morgan Stanley Amortization expense remained flat by 0.0% to $113.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 24.6%, from $150.50M to $113.50M. Over 4 years (FY 2021 to FY 2025), Amortization expense shows a downward trend with a -7.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase often follows significant acquisitions, while a decrease may signal that older intangible assets are becoming fully amortized.
Detailed definition
The systematic allocation of the cost of intangible assets, such as patents, trademarks, or customer relationships, over...
Peer comparison
Standard operating expense for companies with significant intellectual property or acquired intangible assets.
cat_amortization_expenseHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $612.00M | $610.00M | $601.00M | $602.00M | $454.00M |
| YoY Change | — | -0.3% | -1.5% | +0.2% | -24.6% |
Business Segments
| Segment | FY'21 | FY'22 | FY'23 | FY'24 | FY'25 |
|---|---|---|---|---|---|
| Global Wealth Management Group | $495.00M | $483.00M | $481.00M | $479.00M | $334.00M |
| Asset Management | $94.00M | $111.00M | $110.00M | $113.00M | $113.00M |
| Institutional Securities | $23.00M | $16.00M | $10.00M | $10.00M | $7.00M |
| Total | $612.00M | $610.00M | $601.00M | $602.00M | $454.00M |
All segment values are derived from annual filings.
Amortization expense at Other Companies
Frequently Asked Questions
- What is Morgan Stanley's amortization expense?
- Morgan Stanley (MS) reported amortization expense of $113.50M in Q4 2025.
- How has Morgan Stanley's amortization expense changed year-over-year?
- Morgan Stanley's amortization expense decreased by 24.6% year-over-year, from $150.50M to $113.50M.
- What is the long-term trend for Morgan Stanley's amortization expense?
- Over 4 years (2021 to 2025), Morgan Stanley's amortization expense has grown at a -7.2% compound annual growth rate (CAGR), from $612.00M to $454.00M.
- What does amortization expense mean?
- The periodic cost recorded for the gradual expiration of intangible assets.