Morgan Historical Income Statement

MS Stock

USD 128.64 2.70 2.14%

Historical analysis of Morgan Stanley income statement accounts such as Gross Profit of 64.7 B, Other Operating Expenses of 36.3 B or Operating Income of 28.4 B can show how well Morgan Stanley performed in making a profits. Evaluating Morgan Stanley income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Morgan Stanley's future profits or losses.

Cash Flow Balance Sheet Income Statement

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Morgan Stanley latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Morgan Stanley is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morgan Stanley. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Morgan Stock please use our How to Invest in Morgan Stanley guide.

About Morgan Income Statement Analysis

Morgan Stanley Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Morgan Stanley shareholders. The income statement also shows Morgan investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Morgan Stanley Income Statement Chart

At this time, Morgan Stanley's Net Income is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 29.2 B in 2025, whereas EBITDA is likely to drop slightly above 16.4 B in 2025.

Other Operating Expenses Ebitda Income Before Tax Preferred Stock And Other Adjustments Tax Provision Reconciled Depreciation

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Morgan Stanley. It is also known as Morgan Stanley overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Morgan Stanley income statement and is an important metric when analyzing Morgan Stanley profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most accounts from Morgan Stanley's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Morgan Stanley current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morgan Stanley. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Morgan Stock please use our How to Invest in Morgan Stanley guide.At this time, Morgan Stanley's Net Income is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 29.2 B in 2025, whereas EBITDA is likely to drop slightly above 16.4 B in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	12.3B	42.1B	48.4B	50.8B
Depreciation And Amortization	4.0B	4.3B	3.8B	4.0B

Interest Expense Depreciation And Amortization

Morgan Stanley income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Cost Of Revenue	Minority Interest	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.45	0.41	0.39	-0.08	0.66	0.5	0.62	-0.08	0.35	-0.9	0.38	0.13	0.45	0.24	0.26	-0.52	0.32	0.49	0.06	0.32	0.77	0.53	0.76
Interest Expense	0.45		0.65	0.68	0.51	0.62	0.45	0.47	0.51	0.37	-0.59	0.38	0.1	0.9	0.61	0.61	-0.52	-0.11	0.27	0.41	0.09	0.61	0.99	0.64
Total Revenue	0.41	0.65		1.0	0.82	0.93	0.87	0.84	0.82	0.88	-0.59	0.88	0.62	0.56	0.58	0.52	-0.58	-0.53	0.67	0.52	0.55	0.78	0.68	0.82
Gross Profit	0.39	0.68	1.0		0.84	0.91	0.85	0.82	0.84	0.87	-0.57	0.86	0.6	0.59	0.6	0.54	-0.58	-0.54	0.65	0.53	0.52	0.76	0.71	0.8
Other Operating Expenses	-0.08	0.51	0.82	0.84		0.55	0.53	0.45	1.0	0.6	-0.19	0.6	0.36	0.43	0.57	0.54	-0.19	-0.85	0.27	0.34	0.26	0.39	0.49	0.41
Operating Income	0.66	0.62	0.93	0.91	0.55		0.93	0.94	0.55	0.9	-0.74	0.9	0.68	0.54	0.48	0.41	-0.72	-0.23	0.81	0.54	0.63	0.89	0.68	0.93
Ebit	0.5	0.45	0.87	0.85	0.53	0.93		0.99	0.53	0.92	-0.62	0.9	0.8	0.45	0.46	0.27	-0.64	-0.3	0.8	0.55	0.62	0.84	0.5	0.86
Ebitda	0.62	0.47	0.84	0.82	0.45	0.94	0.99		0.45	0.88	-0.71	0.87	0.75	0.47	0.46	0.28	-0.66	-0.21	0.81	0.5	0.6	0.89	0.53	0.91
Total Operating Expenses	-0.08	0.51	0.82	0.84	1.0	0.55	0.53	0.45		0.6	-0.19	0.6	0.36	0.43	0.57	0.54	-0.19	-0.85	0.27	0.34	0.26	0.39	0.49	0.41
Income Before Tax	0.35	0.37	0.88	0.87	0.6	0.9	0.92	0.88	0.6		-0.41	0.99	0.84	0.27	0.38	0.3	-0.7	-0.32	0.88	0.56	0.69	0.7	0.43	0.76
Total Other Income Expense Net	-0.9	-0.59	-0.59	-0.57	-0.19	-0.74	-0.62	-0.71	-0.19	-0.41		-0.44	-0.16	-0.68	-0.33	-0.31	0.43	-0.04	-0.38	-0.19	-0.33	-0.8	-0.63	-0.8
Net Income	0.38	0.38	0.88	0.86	0.6	0.9	0.9	0.87	0.6	0.99	-0.44		0.76	0.28	0.41	0.36	-0.71	-0.29	0.89	0.53	0.62	0.73	0.45	0.78
Income Tax Expense	0.13	0.1	0.62	0.6	0.36	0.68	0.8	0.75	0.36	0.84	-0.16	0.76		0.06	0.21	-0.02	-0.56	-0.26	0.76	0.56	0.78	0.49	0.16	0.53
Selling General Administrative	0.45	0.9	0.56	0.59	0.43	0.54	0.45	0.47	0.43	0.27	-0.68	0.28	0.06		0.47	0.41	-0.36	-0.14	0.08	0.28	0.07	0.5	0.87	0.54
Selling And Marketing Expenses	0.24	0.61	0.58	0.6	0.57	0.48	0.46	0.46	0.57	0.38	-0.33	0.41	0.21	0.47		0.7	-0.48	-0.33	0.3	0.21	0.0	0.63	0.62	0.51
Cost Of Revenue	0.26	0.61	0.52	0.54	0.54	0.41	0.27	0.28	0.54	0.3	-0.31	0.36	-0.02	0.41	0.7		-0.35	-0.25	0.24	0.21	-0.07	0.49	0.62	0.45
Minority Interest	-0.52	-0.52	-0.58	-0.58	-0.19	-0.72	-0.64	-0.66	-0.19	-0.7	0.43	-0.71	-0.56	-0.36	-0.48	-0.35		-0.26	-0.78	-0.52	-0.49	-0.7	-0.6	-0.69
Discontinued Operations	0.32	-0.11	-0.53	-0.54	-0.85	-0.23	-0.3	-0.21	-0.85	-0.32	-0.04	-0.29	-0.26	-0.14	-0.33	-0.25	-0.26		0.05	-0.09	-0.12	-0.07	-0.06	-0.08
Net Income From Continuing Ops	0.49	0.27	0.67	0.65	0.27	0.81	0.8	0.81	0.27	0.88	-0.38	0.89	0.76	0.08	0.3	0.24	-0.78	0.05		0.53	0.61	0.74	0.37	0.78
Non Recurring	0.06	0.41	0.52	0.53	0.34	0.54	0.55	0.5	0.34	0.56	-0.19	0.53	0.56	0.28	0.21	0.21	-0.52	-0.09	0.53		0.44	0.45	0.44	0.49
Tax Provision	0.32	0.09	0.55	0.52	0.26	0.63	0.62	0.6	0.26	0.69	-0.33	0.62	0.78	0.07	0.0	-0.07	-0.49	-0.12	0.61	0.44		0.42	0.15	0.48
Net Interest Income	0.77	0.61	0.78	0.76	0.39	0.89	0.84	0.89	0.39	0.7	-0.8	0.73	0.49	0.5	0.63	0.49	-0.7	-0.07	0.74	0.45	0.42		0.68	0.97
Interest Income	0.53	0.99	0.68	0.71	0.49	0.68	0.5	0.53	0.49	0.43	-0.63	0.45	0.16	0.87	0.62	0.62	-0.6	-0.06	0.37	0.44	0.15	0.68		0.71
Reconciled Depreciation	0.76	0.64	0.82	0.8	0.41	0.93	0.86	0.91	0.41	0.76	-0.8	0.78	0.53	0.54	0.51	0.45	-0.69	-0.08	0.78	0.49	0.48	0.97	0.71

Click cells to compare fundamentals

Morgan Stanley Account Relationship Matchups

Morgan Stanley income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	3.8B	4.2B	4.0B	4.3B	3.8B	4.0B
Interest Expense	3.8B	1.4B	12.3B	42.1B	48.4B	50.8B
Total Revenue	48.0B	59.8B	53.4B	53.6B	61.7B	64.7B
Gross Profit	45.3B	56.4B	50.2B	53.6B	61.7B	64.7B
Other Operating Expenses	24.9B	29.9B	28.8B	30.1B	34.6B	36.3B
Operating Income	23.1B	29.8B	24.6B	23.6B	27.1B	28.4B
Ebit	19.3B	25.6B	20.6B	19.3B	22.2B	14.2B
Ebitda	23.1B	29.8B	24.6B	23.6B	27.1B	16.4B
Total Operating Expenses	24.9B	29.9B	28.8B	30.1B	34.6B	36.3B
Income Before Tax	14.4B	19.7B	14.1B	11.8B	13.6B	14.3B
Total Other Income Expense Net	(8.7B)	(10.2B)	(10.5B)	(11.7B)	(13.5B)	(14.2B)
Net Income	11.0B	15.0B	11.0B	9.1B	10.5B	11.0B
Income Tax Expense	3.2B	4.5B	2.9B	2.6B	3.0B	1.6B
Selling General Administrative	2.2B	2.9B	3.1B	24.2B	27.8B	29.2B
Selling And Marketing Expenses	434M	643M	905M	898M	808.2M	701.3M
Cost Of Revenue	14.9B	6.8B	4.7B	26.1B	23.5B	24.7B
Net Income Applicable To Common Shares	8.5B	10.5B	14.6B	10.5B	12.1B	12.7B
Minority Interest	183M	(86M)	(150M)	(143M)	(128.7M)	(122.3M)
Net Income From Continuing Ops	9.2B	11.2B	15.1B	9.2B	10.6B	8.2B
Preferred Stock And Other Adjustments	530M	496M	468M	489M	562.4M	500.6M
Tax Provision	3.2B	4.5B	2.9B	2.6B	3.0B	3.3B
Net Interest Income	6.3B	8.0B	9.3B	8.2B	9.5B	6.5B
Interest Income	10.2B	9.4B	21.6B	50.3B	57.8B	60.7B
Reconciled Depreciation	3.8B	4.2B	4.0B	4.3B	4.9B	3.5B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Morgan Stock Analysis

When running Morgan Stanley's price analysis, check to measure Morgan Stanley's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Morgan Stanley is operating at the current time. Most of Morgan Stanley's value examination focuses on studying past and present price action to predict the probability of Morgan Stanley's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Morgan Stanley's price. Additionally, you may evaluate how the addition of Morgan Stanley to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Morgan Historical Income Statement

About Morgan Income Statement Analysis

Morgan Stanley Income Statement Chart

Other Operating Expenses

Income Before Tax

Tax Provision

Morgan Stanley income statement Correlations

Morgan Stanley Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Morgan Stanley income statement Accounts

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Morgan Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Gross Profit	+ 1.0	Total Revenue
Total Operating Expenses	+ 1.0	Other Operating Expenses
Interest Income	+ 0.99	Interest Expense
Ebitda	+ 0.99	Ebit
Net Income	+ 0.99	Income Before Tax
Reconciled Depreciation	+ 0.97	Net Interest Income

Total Other Income Expense Net	- 0.9	Depreciation And Amortization
Discontinued Operations	- 0.85	Total Operating Expenses
Discontinued Operations	- 0.85	Other Operating Expenses
Reconciled Depreciation	- 0.8	Total Other Income Expense Net
Net Interest Income	- 0.8	Total Other Income Expense Net
Net Income From Continuing Ops	- 0.78	Minority Interest