Pre-tax margin

Name: Morgan Stanley Pre-tax margin by Business Segments
Creator: OpenCapital
License: https://www.opencapital.sh/terms

Morgan Stanley·Business Segments·3 segments·Rolls up to Pre-Tax Margin

Breakdown

Segment	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26
Institutional Securities1	37%	28%	37%	—	39%	3,900%
Wealth Management1	27%	28%	30%	—	30%	3,000%
Investment Management	20%	21%	22%	2%	18%	2,500%
Total	—	—	—	—	—	—

Investment ManagementView metric

Institutional Securities1View metric

Wealth Management1View metric