Morgan Stanley MSDL Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Returns | ||||||
| Return on equity | 5%-5.6pp | 6.8%-5.3pp | 8%-5.3pp | 9.3%-5.3pp | 10.6%-4.1pp | |
| Return on assets | 2.3%-3.0pp | 3.1%-2.9pp | 3.8%-2.5pp | 4.5%— | 5.3%— | |
| Leverage | ||||||
| Debt-to-equity | 1.2×+0.1× | 1.2×+0.1× | 1.2×+0.2× | 1.1×+0.3× | 1.1×+0.3× | |
| Debt-to-assets | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×+0.1× | 0.5×+0.1× | |
| Per Share | ||||||
| Book value per share | $19.71-4.1% | $20.03-3.6% | $20.40-1.8% | $20.53-1.6% | $20.56-2.2% | |
| Valuation | ||||||
| Market capitalization | $1.27B-24.4% | $1.43B-22.0% | $1.4B— | $1.67B— | $1.76B— | |
| Enterprise value | $3.25B-10.4% | $3.44B-8.0% | $3.4B— | $3.66B— | $3.7B— | |
| Price / earnings | 14.5×+5.8× | 11.7×+3.2× | 9.6×— | 9.8×— | 9.1×— | |
| Price / book | 0.8×-0.2× | 0.8×-0.2× | 0.8×— | 0.9×— | 1×— | |
| Earnings yield | 6.9%-4.6pp | 8.5%-3.2pp | 10.4%— | 10.2%— | 11%— | |
| Dividend yield | 13.7%+2.7pp | 12.9%+3.6pp | 13.9%— | 11.7%— | 10.5%— |
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.