What is Morgan Stanley's intangibles (net)?

Morgan Stanley (MS) reported intangibles (net) of $2.12B in Q4 2025.

How has Morgan Stanley's intangibles (net) changed year-over-year?

Morgan Stanley's intangibles (net) increased by 0.2% year-over-year, from $2.11B to $2.12B.

What is the long-term trend for Morgan Stanley's intangibles (net)?

Over 5 years (2020 to 2025), Morgan Stanley's intangibles (net) has grown at a -15.7% compound annual growth rate (CAGR), from $4.98B to $2.12B.

What does intangibles (net) mean?

Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

Morgan Stanley MS Intangibles (Net)

Discontinued — last reported Q4 '25

Intangibles (Net) at other companies

Jefferies Financial GroupJEF

$111.03M-49.0%

Stifel FinancialSF

$95.32M-10.1%

Oppenheimer HoldingsOPY

$34.88M-1.9%

CitigroupC

$4.31B-2.8%

Piper SandlerPIPR

$98.68M-6.3%

EvercoreEVR

$25.87M—

Segments

By segment

See full

Asset Management$3.38B-3.0%

Global Wealth Management Group$2.61B-11.3%

Institutional Securities$21M-22.2%

Other financials

Income statement

See full

Revenue$21.3B+27.1%

Net income$3.2B-9.8%

EPS (diluted)$3.46+62.4%

Balance sheet

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Cash & equivalents$133.53B+47.2%

Total debt$383.16B+13.5%

Total equity$114.29B+7.0%

Total assets$1.68T+23.7%

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$359.28B+57.1%

P/E20.2×+4.7×

P/S4.6×+1.1×

Profitability

See full

Net margin22.8%+0.5pp

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:IndefiniteLivedIntangibleAssetsExcludingGoodwill.

The official record: Morgan Stanley’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Morgan Stanley's intangibles (net)?: Morgan Stanley (MS) reported intangibles (net) of $2.12B in Q4 2025.
How has Morgan Stanley's intangibles (net) changed year-over-year?: Morgan Stanley's intangibles (net) increased by 0.2% year-over-year, from $2.11B to $2.12B.
What is the long-term trend for Morgan Stanley's intangibles (net)?: Over 5 years (2020 to 2025), Morgan Stanley's intangibles (net) has grown at a -15.7% compound annual growth rate (CAGR), from $4.98B to $2.12B.
What does intangibles (net) mean?: Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.