Discontinued — last reported Q4 '24

Tax

State and Local Income Taxes, Net

Morgan Stanley State and Local Income Taxes, Net remained flat by 0.0% to $0.01 in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 33.3%, from $0.01 to $0.01. Over 4 years (FY 2021 to FY 2025), State and Local Income Taxes, Net shows relatively stable performance with a -1.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2024

How to read this metric

An increase indicates higher state-level tax burdens, potentially due to changes in operations or tax laws in specific regions.

Detailed definition

Represents the net expense incurred for state and local income taxes after accounting for the federal tax benefit of ded...

Peer comparison

Standard line item for US-based companies with significant domestic operations.

Metric ID: is_cat_state_and_local_income_taxes_net

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value00000
YoY Change-14.3%+88.9%-11.8%-33.3%
Range00
CAGR-1.2%
Avg YoY Growth+7.4%
Median YoY Growth-13.0%
Current Streak2 years decline

Frequently Asked Questions

What is Morgan Stanley's state and local income taxes, net?
Morgan Stanley (MS) reported state and local income taxes, net of $0.01 in Q4 2025.
How has Morgan Stanley's state and local income taxes, net changed year-over-year?
Morgan Stanley's state and local income taxes, net decreased by 33.3% year-over-year, from $0.01 to $0.01.
What is the long-term trend for Morgan Stanley's state and local income taxes, net?
Over 4 years (2021 to 2025), Morgan Stanley's state and local income taxes, net has grown at a -1.2% compound annual growth rate (CAGR), from $0.02 to $0.02.
What does state and local income taxes, net mean?
The net cost of state and local income taxes after federal tax deductions.