​

Morgan Stanley (MS) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Morgan Stanley Revenue Highlights

Latest Revenue (Y)

$61.50B

Latest Revenue (Q)

$15.30B

Main Segment (Y)

Wealth Management Segment

Main Geography (Y)

Americas

Morgan Stanley Revenue by Period

Morgan Stanley Revenue by Year

DateRevenueChange
2024-12-31$61.50B14.71%
2023-12-31$53.61B0.42%
2022-12-31$53.39B-10.65%
2021-12-31$59.75B24.49%
2020-12-31$48.00B16.00%
2019-12-31$41.38B3.17%
2018-12-31$40.11B5.70%
2017-12-31$37.95B9.57%
2016-12-31$34.63B-1.69%
2015-12-31$35.23B3.68%
2014-12-31$33.98B4.57%
2013-12-31$32.49B24.12%
2012-12-31$26.18B-19.21%
2011-12-31$32.40B2.47%
2010-12-31$31.62B35.38%
2009-12-31$23.36B16.30%
2008-11-30$20.09B-23.83%
2007-11-30$26.37B-20.83%
2006-11-30$33.31B21.81%
2005-11-30$27.34B10.75%
2004-11-30$24.69B11.60%
2003-11-30$22.12B8.21%
2002-11-30$20.45B-10.91%
2001-11-30$22.95B-15.86%
2000-11-30$27.27B21.00%
1999-11-30$22.54B27.93%
1998-11-30$17.62B7.91%
1997-11-30$16.33B118.78%
1996-12-31$7.46B16.24%
1995-12-31$6.42B15.58%
1994-12-31$5.55B10.94%
1993-12-31$5.01B-

Morgan Stanley generated $61.50B in revenue during NA 2024, up 14.71% compared to the previous quarter, and up 148.63% compared to the same period a year ago.

Morgan Stanley Revenue by Quarter

DateRevenueChange
2024-09-29$15.30B2.42%
2024-06-30$14.94B-1.31%
2024-03-31$15.14B17.44%
2023-12-31$12.89B-1.87%
2023-09-30$13.14B-1.18%
2023-06-30$13.30B-6.91%
2023-03-31$14.28B12.80%
2022-12-31$12.66B-2.23%
2022-09-30$12.95B-0.61%
2022-06-30$13.03B-11.62%
2022-03-31$14.74B1.55%
2021-12-31$14.52B-1.43%
2021-09-30$14.73B0.29%
2021-06-30$14.69B-7.15%
2021-03-31$15.82B16.36%
2020-12-31$13.59B17.08%
2020-09-30$11.61B-13.49%
2020-06-30$13.42B43.20%
2020-03-31$9.37B-13.68%
2019-12-31$10.86B8.22%
2019-09-30$10.03B-2.07%
2019-06-30$10.24B-0.41%
2019-03-31$10.29B20.33%
2018-12-31$8.55B-13.41%
2018-09-30$9.87B-6.96%
2018-06-30$10.61B-4.22%
2018-03-31$11.08B16.60%
2017-12-31$9.50B3.29%
2017-09-30$9.20B-3.22%
2017-06-30$9.50B2.89%
2017-03-31$9.24B8.14%
2016-12-31$8.54B1.46%
2016-09-30$8.42B-0.08%
2016-06-30$8.43B14.99%
2016-03-31$7.33B0.63%
2015-12-31$7.28B-0.01%
2015-09-30$7.28B-21.33%
2015-06-30$9.26B-1.99%
2015-03-31$9.44B29.44%
2014-12-31$7.30B-13.86%
2014-09-30$8.47B3.93%
2014-06-30$8.15B-3.96%
2014-03-31$8.49B14.47%
2013-12-31$7.41B-1.37%
2013-09-30$7.52B-6.60%
2013-06-30$8.05B4.10%
2013-03-31$7.73B48.14%
2012-12-31$5.22B-1.34%
2012-09-30$5.29B-23.93%
2012-06-30$6.95B0.26%
2012-03-31$6.93B81.69%
2011-12-31$3.82B-61.41%
2011-09-30$9.89B6.57%
2011-06-30$9.28B21.57%
2011-03-31$7.63B30.65%
2010-12-31$5.84B-13.79%
2010-09-30$6.78B-14.73%
2010-06-30$7.95B-12.43%
2010-03-31$9.08B95.44%
2009-12-31$4.64B-46.46%
2009-09-30$8.68B60.32%
2009-06-30$5.41B77.88%
2009-03-31$3.04B-207.68%
2008-11-30$-2.83B-135.06%
2008-08-31$8.06B23.40%
2008-05-31$6.53B-21.55%
2008-02-29$8.32B-1949.33%
2007-11-30$-450.00M-

Morgan Stanley generated $15.30B in revenue during Q3 2024, up 2.42% compared to the previous quarter, and up 115.10% compared to the same period a year ago.

Morgan Stanley Revenue Breakdown

Morgan Stanley Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Investment Management Segment$5.86B$5.37B---
Wealth Management Segment$28.42B$26.27B---
Institutional Securities Segment$28.08B$23.06B$24.39B$29.83B$25.95B

Morgan Stanley's latest annual revenue breakdown by segment (product or service), as of Dec 24: Wealth Management Segment (45.57%), Institutional Securities Segment (45.03%), and Investment Management Segment (9.40%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Investment Management Segment$3.03B$1.46B$1.38B$1.46B$1.34B---------------
Wealth Management Segment$14.27B$7.27B$6.88B$6.64B$6.40B---------------
Institutional Securities Segment$14.25B$6.82B$7.02B$4.94B$5.67B$5.65B$6.80B$4.80B$5.82B$6.12B$7.66B$6.67B$7.50B$7.09B$8.58B$7.00B$6.06B$7.98B$4.91B$5.05B

Morgan Stanley's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Wealth Management Segment (45.23%), Institutional Securities Segment (45.17%), and Investment Management Segment (9.60%).

Morgan Stanley Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22Dec 21Dec 20
EMEA$7.20B$6.06B$6.81B$7.70B$6.43B
Americas$46.93B$41.65B$40.12B$44.60B$35.02B
Asia$7.63B$6.43B$6.74B$7.45B$6.75B

Morgan Stanley's latest annual revenue breakdown by geography, as of Dec 24: Americas (75.98%), Asia (12.36%), and EMEA (11.65%).

Quarterly Revenue by Country

CountryDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
EMEA$3.54B$1.83B$1.83B$1.34B$1.48B$1.50B$1.74B$1.43B$1.39B$1.68B$2.31B$1.70B$1.75B$2.09B$2.16B$1.76B$1.47B$2.05B$1.15B$1.37B
Americas$23.80B$11.56B$11.57B$10.20B$10.27B$10.39B$10.79B$9.90B$10.09B$9.66B$10.46B$11.27B$11.26B$10.88B$11.19B$10.22B$8.39B$9.77B$6.65B$7.89B
Asia$3.89B$2.00B$1.74B$1.36B$1.53B$1.56B$1.99B$1.42B$1.50B$1.79B$2.03B$1.55B$1.75B$1.78B$2.37B$1.66B$1.80B$1.60B$1.69B$1.59B

Morgan Stanley's latest quarterly revenue breakdown by geography, as of Dec 24: Americas (76.20%), Asia (12.46%), and EMEA (11.34%).

Morgan Stanley Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
MSMorgan Stanley$61.50B$15.30B
GSGoldman Sachs Group$52.16B$12.73B
SFStifel Financial$5.95B$1.48B
LAZLazard$3.14B$807.41M
EVREvercore$3.00B$738.42M
PJTPJT Partners$1.49B$326.32M
MCMoelis$1.19B$273.75M
MARAMarathon Digital$656.38M$131.65M
CLSKCleanSpark$378.97M$162.31M
RIOTRiot Blockchain$376.66M$84.80M
APLDApplied Digital$165.57M$52.92M
BITFBitfarms$149.05M$50.09M
BTBTBit Digital$108.05M$30.29M
HUTHut 8$81.80M$48.18M
MEGLMagic Empire Global$13.79M$7.71M
TOPTOP Financial Group$9.70M$3.57M
NCPLNetcapital$4.95M$152.68K

MS Revenue FAQ

What is Morgan Stanley’s yearly revenue?

Morgan Stanley's yearly revenue for 2024 was $61.5B, representing an increase of 14.71% compared to 2023. The company's yearly revenue for 2023 was $53.61B, representing an increase of 0.42% compared to 2022. MS's yearly revenue for 2022 was $53.39B, representing a decrease of -10.65% compared to 2021.

What is Morgan Stanley’s quarterly revenue?

Morgan Stanley's quarterly revenue for Q3 2024 was $15.3B, a 2.42% increase from the previous quarter (Q2 2024), and a 16.48% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $14.94B, a -1.31% decrease from the previous quarter (Q1 2024), and a 12.39% increase year-over-year (Q2 2023). MS's quarterly revenue for Q1 2024 was $15.14B, a 17.44% increase from the previous quarter (Q4 2023), and a 6.01% increase year-over-year (Q1 2023).

What is Morgan Stanley’s revenue growth rate?

Morgan Stanley's revenue growth rate for the last 3 years (2022-2024) was 15.19%, and for the last 5 years (2020-2024) was 28.13%.

What are Morgan Stanley’s revenue streams?

Morgan Stanley's revenue streams in c 24 are Investment Management Segment, Wealth Management Segment, and Institutional Securities Segment. Investment Management Segment generated $5.86B in revenue, accounting 9.40% of the company's total revenue, up 9.14% year-over-year. Wealth Management Segment generated $28.42B in revenue, accounting 45.57% of the company's total revenue, up 8.19% year-over-year. Institutional Securities Segment generated $28.08B in revenue, accounting 45.03% of the company's total revenue, up 21.77% year-over-year.

What is Morgan Stanley’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Morgan Stanley was Wealth Management Segment. This segment made a revenue of $28.42B, representing 45.57% of the company's total revenue.