What is Morgan Stanley's D&A?

Morgan Stanley (MS) reported D&A of $714M in Q1 2026.

How has Morgan Stanley's D&A changed year-over-year?

Morgan Stanley's D&A decreased by 17.5% year-over-year, from $865M to $714M.

What is the long-term trend for Morgan Stanley's D&A?

Over 4 years (2021 to 2025), Morgan Stanley's D&A has grown at a 2.5% compound annual growth rate (CAGR), from $4.22B to $4.66B.

Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

Morgan Stanley MS D&A

D&A at other companies

Travel + LeisureTNL

$32M+6.7%

HES

Hess MidstreamHESM

$58.5M+13.6%

Warrior Met CoalHCC

$52.27M+15.5%

UnifirstUNF

$35.39M+1.3%

MYR GroupMYRG

$1.22M+2.4%

PennyMac Financial Services, Inc.PFSI

$13.51M-2.8%

Segments

By segment

See full

Global Wealth Management Group$334M-30.3%

Asset Management$113M0.0%

Institutional Securities$7M-30.0%

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

See full

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

See full

Operating cash flow-$7.1B+70.4%

CapEx$754.0M+5.8%

Free cash flow-$7.9B+68.2%

Valuation

See full

Market cap$348.64B+63.8%

Enterprise value$586.68B+34.6%

P/E19.3×+4.4×

P/S4.7×+1.4×

Profitability

See full

Net margin24.6%+2.4pp

FCF margin-54.3%-8.4pp

Returns & leverage

See full

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:DepreciationAndAmortization.

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

Ask your AI about Morgan Stanley's d&a.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Morgan Stanley's D&A?: Morgan Stanley (MS) reported D&A of $714M in Q1 2026.
How has Morgan Stanley's D&A changed year-over-year?: Morgan Stanley's D&A decreased by 17.5% year-over-year, from $865M to $714M.
What is the long-term trend for Morgan Stanley's D&A?: Over 4 years (2021 to 2025), Morgan Stanley's D&A has grown at a 2.5% compound annual growth rate (CAGR), from $4.22B to $4.66B.
What does D&A mean?: Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.