Senior unsecured notes, net

Non-Current Liabilities

Morgan Stanley Senior unsecured notes, net increased by 6.3% to $329.50B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 21.8%, from $270.59B to $329.50B. Over 4 years (FY 2021 to FY 2025), Senior unsecured notes, net shows an upward trend with a 11.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025

How to read this metric

An increase reflects active capital raising or debt refinancing, while a decrease indicates debt repayment or deleveraging.

Detailed definition

Senior unsecured notes represent debt obligations that are not backed by specific collateral and rank above subordinated...

Peer comparison

Common across all large-cap financial institutions and REITs as a standard measure of long-term debt financing.

Metric ID: reit_unsecured_notes

Historical Data

17 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$213.78B$212.69B$207.33B$202.25B$221.67B$231.21B$231.71B$231.05B$248.17B$252.55B$256.28B$277.09B$270.59B$283.05B$306.03B$309.98B$329.50B
QoQ Change-0.5%-2.5%-2.4%+9.6%+4.3%+0.2%-0.3%+7.4%+1.8%+1.5%+8.1%-2.3%+4.6%+8.1%+1.3%+6.3%
YoY Change+3.7%+8.7%+11.8%+14.2%+12.0%+9.2%+10.6%+19.9%+9.0%+12.1%+19.4%+11.9%+21.8%
Range$202.25B$329.50B
CAGR+11.4%
Avg YoY Growth+12.6%
Median YoY Growth+11.9%
Current Streak4 quarters growth

Frequently Asked Questions

What is Morgan Stanley's senior unsecured notes, net?
Morgan Stanley (MS) reported senior unsecured notes, net of $329.50B in Q4 2025.
How has Morgan Stanley's senior unsecured notes, net changed year-over-year?
Morgan Stanley's senior unsecured notes, net increased by 21.8% year-over-year, from $270.59B to $329.50B.
What is the long-term trend for Morgan Stanley's senior unsecured notes, net?
Over 4 years (2021 to 2025), Morgan Stanley's senior unsecured notes, net has grown at a 11.4% compound annual growth rate (CAGR), from $213.78B to $329.50B.
What does senior unsecured notes, net mean?
Corporate debt obligations that are not backed by specific assets.

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