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Morgan Stanley MS Occupancy and equipment

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Other financials

Income statement

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Revenue$20.6B+16.0%
Net income$5.6B+29.0%
EPS (diluted)$3.43+31.9%

Balance sheet

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Cash & equivalents$133.53B+47.2%
Total debt$371.57B+18.4%
Total equity$114.29B+7.0%
Total assets$1.58T+21.6%

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$352B+38.9%
Enterprise value$590.04B+21.4%
P/E19.4×+1.7×
P/S4.8×+0.9×

Profitability

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Net margin24.6%+2.4pp
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:OccupancyNet.

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 occupancy and equipment?
Morgan Stanley (MS) reported occupancy and equipment of $483M in Q1 2026.
How has Morgan Stanley's occupancy and equipment changed year-over-year?
Morgan Stanley's occupancy and equipment increased by 7.6% year-over-year, from $449M to $483M.
What is the long-term trend for Morgan Stanley's occupancy and equipment?
Over 4 years (2021 to 2025), Morgan Stanley's occupancy and equipment has grown at a 2.1% compound annual growth rate (CAGR), from $1.73B to $1.87B.
What does occupancy and equipment mean?
This represents the net costs associated with leasing, maintaining, and operating the firm's physical office space and facilities. It includes rent, utilities, and depreciation of leasehold improvements. It serves as a measure of the firm's physical footprint and fixed overhead costs.