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Morgan Stanley MS Deferred Tax Assets, Net of Valuation Allowance

Deferred Tax Assets, Net of Valuation Allowance at other companies

Bank of America logo
Bank of AmericaBAC
$21.87B-6.2%
Jefferies Financial Group logo
Jefferies Financial GroupJEF
Raymond James Financial logo
Raymond James FinancialRJF
Stifel Financial logo
Stifel FinancialSF
Citigroup logo
CitigroupC
Lazard logo
LazardLAZ

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$330.21B+45.1%
P/E18.6×+3.2×
P/S4.2×+0.8×

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:DeferredTaxAssetsNet.

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 deferred tax assets, net of valuation allowance?
Morgan Stanley (MS) reported deferred tax assets, net of valuation allowance of $5.25B in Q4 2025.
What is the long-term trend for Morgan Stanley's deferred tax assets, net of valuation allowance?
Over 3 years (2022 to 2025), Morgan Stanley's deferred tax assets, net of valuation allowance has grown at a 2.0% compound annual growth rate (CAGR), from $4.94B to $5.25B.