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Morgan Stanley MS Institutional Securities1 — Increase (decrease) in operating assets

Other segment segments

Wealth Management1
-$111B

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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:IncreaseDecreaseInOperatingAssets.

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 institutional securities1 — increase (decrease) in operating assets?
Morgan Stanley (MS) reported institutional securities1 — increase (decrease) in operating assets of $111B in Q1 2026.
What does institutional securities1 — increase (decrease) in operating assets mean?
This metric represents the net change in operating assets specifically attributed to the Institutional Securities business segment during a reporting period. It captures fluctuations in working capital items such as receivables, trading assets, and other operational balances essential to the firm's investment banking and sales and trading activities. Monitoring this change is critical for understanding the liquidity requirements and cash flow dynamics inherent in the segment's capital-intensive operations.