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Morgan Stanley MS Investment Management — Interest Expense

Other segment segments

Institutional Securities1
$11.28B+17.5%
Wealth Management1
$1.48B-28.2%

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Other financials

Income statement

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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

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Operating cash flow-$7.1B+70.4%
CapEx$754.0M+5.8%
Free cash flow-$7.9B+68.2%

Valuation

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Market cap$359.28B+57.1%
P/E20.2×+4.7×
P/S4.6×+1.1×

Profitability

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Net margin22.8%+0.5pp
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

Reported directly by Morgan Stanley in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseOperating.

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 investment management — interest expense?
Morgan Stanley (MS) reported investment management — interest expense of $42M in Q1 2026.
How has Morgan Stanley's investment management — interest expense changed year-over-year?
Morgan Stanley's investment management — interest expense decreased by 19.2% year-over-year, from $52M to $42M.
What is the long-term trend for Morgan Stanley's investment management — interest expense?
Over 3 years (2022 to 2025), Morgan Stanley's investment management — interest expense has grown at a 13.0% compound annual growth rate (CAGR), from $120M to $173M.
What does investment management — interest expense mean?
The cost of borrowing funds or paying interest on liabilities held by the segment. This represents the financial cost of maintaining the segment's capital structure and funding its operations.