Morgan Stanley (MS)

From the record

Morgan Stanley's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Morgan Stanley's 10 filed years say what it did: revenue went from $7.0 billion in fiscal 2016 to $59 billion in fiscal 2025, up 26.7% a year; it rose in 7 of 9 years; the deepest fall was 45% from fiscal 2019 to fiscal 2021; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Morgan Stanley's diluted share count shrank about 2.4% a year, and dividends and buybacks returned about 47% of its net income over 3 years (its filed statements). Its officers and directors filed 34 sales and 0 purchases of their own stock on the open market in the year to 2026-11-10 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Morgan Stanley earned about 15 cents of profit for every dollar of shareholders' money. Leverage: it owed about 92 cents per dollar of assets, and net share issuance: its share count shrank 1.2% over the year (the filed statements).

From the record

Morgan Stanley's standing among 29 graded names in its industry family: revenue of $59 billion in fiscal 2025 ranks in the top 6% by size; a net margin of 28.5% ranks in the top 29%; revenue growth of 39.8% a year over the last 3 filed years ranks in the top 27% (its annual reports).

From the record

Morgan Stanley's leadership, from its insiders' filings and its current reports: the chief executive on the record is Pick, Edward N (Chairman and CEO, as filed), filing under that title since 2024-01-19, 2.8 years (bottom 31% of its family); the 22 officers and directors filing in the last fifteen months have been on the record a median of 6.4 years (bottom 25%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 22 people in charge now (bottom 45%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Morgan Stanley's room to grow, from the newest filed statements (fiscal 2025): cash of $112 billion against debt of $342 billion leaves -16.2% of its assets as net cash, bottom 9% of its family; cash from operations less capital spending is -30.3% of revenue (bottom 12%) (its annual report).

From the record

Morgan Stanley's growth drivers, from the filed years to fiscal 2025: revenue grew 39.8% a year over the last three filed years against 26.7% over all 10, speeding up (top 17% of its family); the newest year grew 9.1% (bottom 30%) (its annual reports). Morgan Stanley reported 3 lines of business in fiscal 2025: Institutional Securities at $33 billion, Wealth Management at $32 billion, Investment Management at $6.5 billion. 3 of 3 grew in the latest filed year, and the largest line is 46% of revenue (its annual report).

From the record

Morgan Stanley's newest year against its own record: revenue of $59 billion in fiscal 2025 came in 31.1% below the $86 billion its prior three years' pace pointed to (bottom 2% of its family); net income of $17 billion against a prior three-year average of $11 billion (top 48%); a net margin of 28.5% against 31.9% before (bottom 18%) (its annual reports).