Where do Morgan Stanley's ratios come from?

Every ratio is computed from Morgan Stanley's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Morgan Stanley MSDL Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Returns
Return on equity	5%-1.8pp	6.8%-1.2pp	8%-1.3pp	9.3%-1.2pp	10.6%-1.5pp
Return on assets	2.3%-0.8pp	3.1%-0.6pp	3.8%-0.7pp	4.5%-0.8pp	5.3%-0.7pp
Leverage
Debt-to-equity	1.2×0.0×	1.2×0.0×	1.2×0.0×	1.1×0.0×	1.1×0.0×
Debt-to-assets	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×
Per Share
Book value per share	$19.71-1.6%	$20.03-1.8%	$20.40-0.7%	$20.53-0.1%	$20.56-1.1%
Valuation
Market capitalization	$1.27B-24.4%	$1.43B+2.5%	$1.4B-16.2%	$1.67B-5.2%	$1.76B-4.1%
Enterprise value	$3.25B-10.4%	$3.44B+1.0%	$3.4B-7.1%	$3.66B-0.9%	$3.7B-1.0%
Price / earnings	14.5×+5.8×	11.7×+2.1×	9.6×-0.1×	9.8×+0.7×	9.1×+0.6×
Price / book	0.8×-0.2×	0.8×0.0×	0.8×-0.1×	0.9×0.0×	1×0.0×
Earnings yield	6.9%-4.6pp	8.5%-1.9pp	10.4%+0.1pp	10.2%-0.8pp	11%-0.7pp
Dividend yield	13.7%+2.7pp	12.9%-1.0pp	13.9%+2.2pp	11.7%+1.2pp	10.5%+1.3pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

Where do Morgan Stanley's ratios come from?: Every ratio is computed from Morgan Stanley's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.