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Morgan Stanley MS Free cash flow

Free cash flow at other companies

Jefferies Financial Group logo
Jefferies Financial GroupJEF
-$1.8B+33.6%
Charles Schwab Corporation logo
Charles Schwab CorporationSCHW
$7.2B+15.4%
Raymond James Financial logo
Raymond James FinancialRJF
$1.05B+1,385%
Oppenheimer Holdings logo
Oppenheimer HoldingsOPY
-$189.98M-103%
Ameriprise Financial logo
Ameriprise FinancialAMP
$430M-73.9%
Stifel Financial logo
Stifel FinancialSF

Other financials

Income statement

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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%
CapEx$754.0M+5.8%

Valuation

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Market cap$348.64B+63.8%
Enterprise value$586.68B+34.6%
P/E19.3×+4.4×
P/S4.7×+1.4×

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

Calculated from Morgan Stanley’s reported figures.

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 free cash flow?
Morgan Stanley (MS) reported free cash flow of -$7.85B in Q1 2026.
How has Morgan Stanley's free cash flow changed year-over-year?
Morgan Stanley's free cash flow increased by 68.2% year-over-year, from -$24.69B to -$7.85B.
What is the long-term trend for Morgan Stanley's free cash flow?
Over 2 years (2021 to 2023), Morgan Stanley's free cash flow has grown at a 11.6% compound annual growth rate (CAGR), from $31.96B to -$39.78B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.