What is the current annual book value of MS?

As of today, MS annual book value is $101.88B

What is 1-year change in MS annual book value?

MS annual book value is up +7.51% year-over-year

What is 3-year change in MS annual book value?

MS annual book value is up +11.48% over the past 3 years

How far is MS annual book value from its all-time high?

MS annual book value is currently at its all-time high

How does MS annual book value rank versus sector peers?

MS annual book value is higher than 99.14% of companies in Financial Services sector

When is MS next annual earnings release?

As of today, the next annual earnings release for MS has not been scheduled

What is the current quarterly book value of MS?

As of today, MS quarterly book value is $101.88B

What is MS quarterly book value most recent change?

MS quarterly book value was up +1.67% on December 31, 2025

What is 1-year change in MS quarterly book value?

MS quarterly book value is up +7.51% year-over-year

How far is MS quarterly book value from its all-time high?

MS quarterly book value is currently at its all-time high

How does MS quarterly book value rank versus sector peers?

MS quarterly book value is higher than 99.10% of companies in Financial Services sector

When is MS next earnings release?

The next earnings release for MS is on April 15, 2026

Morgan Stanley (MS) Book Value History & Chart Since 1985

Annual Book Value

$101.88B$7.12B+7.51%

December 31, 2025

Summary

Current Value: As of today, MS annual book value is $101.88B, up +7.51% on December 31, 2025
Historical Performance: MS annual book value is up +11.48% over the past 3 years, up +10.11% over the past 5 years
All-Time High Comparison: MS annual book value is currently at its all-time high
3-Year Low Comparison: MS annual book value is +12.84% above its 3-year low of $90.29B reached on December 31, 2023
Sector Comparison: MS annual book value is higher than 99.14% of companies in Financial Services sector

Book Value Chart

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Performance

MS Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Book Value	Dec 31, 25	$101.88B	+7.5%	+11.5%	+10.1%	+114.0%
Quarterly Book Value	Dec 31, 25	$101.88B	+7.5%	+11.5%	+10.1%	+114.0%
Price	Feb 25, 26	$173.73	+34.0%	+77.8%	+121.5%	+481.6%
Annual Total Assets	Dec 31, 25	$1,423.28B	+16.9%	+20.3%	+27.3%	+76.2%
Annual Total Liabilities	Dec 31, 25	$1,310.62B	+17.8%	+21.1%	+29.1%	+76.6%
PB Ratio	Feb 25, 26	2.71	+22.6%	+50.6%	+76.0%	+179.4%
Annual Shareholders Equity	Dec 31, 25	$111.63B	+6.8%	+11.5%	+9.7%	+95.1%
Market Cap	Feb 25, 26	$276B	+32.1%	+68.0%	+94.1%	+498.1%

Book Value Highs

MS Annual Book Value Highs Comparison
Period	High	Date	Current
3Y	$101.88B	Dec 31, 25	at high
5Y	$101.88B	Dec 31, 25	at high
All	$101.88B	Dec 31, 25	at high

Book Value Lows

MS Annual Book Value Lows Comparison
Period	Low	Date	Current
3Y	$90.29B	Dec 31, 23	+12.8%
5Y	$90.29B	Dec 31, 23	+12.8%
All	$302.10M	Dec 31, 85	>+9999.0%

Book Value History

Year	Value	Change
2025	$101.88B	+7.5%
2024	$94.76B	+5.0%
2023	$90.29B	-1.2%
2022	$91.39B	-6.4%
2021	$97.69B	+5.6%
2020	$92.53B	+26.7%
2019	$73.03B	+1.8%
2018	$71.73B	+4.1%
2017	$68.87B	+0.5%
2016	$68.53B	+1.3%
2015	$67.66B	+4.3%
2014	$64.88B	+3.5%
2013	$62.70B	+3.5%
2012	$60.60B	+0.1%
2011	$60.54B	+27.1%
2010	$47.61B	+28.4%
2009	$37.09B	+17.1%
2008	$31.68B	+5.0%
2007	$30.17B	-12.1%
2006	$34.33B	+17.4%
2005	$29.25B	+3.5%

Year	Value	Change
2004	$28.27B	+13.4%
2003	$24.94B	+13.5%
2002	$21.96B	+7.3%
2001	$20.47B	+8.6%
2000	$18.84B	+10.9%
1999	$16.98B	+17.1%
1998	$14.50B	+2.5%
1997	$14.15B	+173.9%
1996	$5.16B	+6.8%
1995	$4.83B	+17.7%
1994	$4.11B	+18.1%
1993	$3.48B	+30.1%
1992	$2.67B	-10.7%
1991	$2.99B	+37.8%
1990	$2.17B	+7.4%
1989	$2.02B	+51.1%
1988	$1.34B	+33.7%
1987	$1.00B	+27.4%
1986	$785.60M	+160.0%
1985	$302.10M	-

FAQ

What is the current annual book value of MS?
As of today, MS annual book value is $101.88B
What is 1-year change in MS annual book value?
MS annual book value is up +7.51% year-over-year
What is 3-year change in MS annual book value?
MS annual book value is up +11.48% over the past 3 years
How far is MS annual book value from its all-time high?
MS annual book value is currently at its all-time high
How does MS annual book value rank versus sector peers?
MS annual book value is higher than 99.14% of companies in Financial Services sector
When is MS next annual earnings release?
As of today, the next annual earnings release for MS has not been scheduled

Quarterly Book Value

$101.88B$1.67B+1.67%

December 31, 2025

Summary

Current Value: As of today, MS quarterly book value is $101.88B, up +1.67% on December 31, 2025
Historical Performance: MS quarterly book value is up +7.51% year-over-year, up +11.48% over the past 3 years
All-Time High Comparison: MS quarterly book value is currently at its all-time high
3-Year Low Comparison: MS quarterly book value is +12.84% above its 3-year low of $90.29B reached on December 31, 2023
Sector Comparison: MS quarterly book value is higher than 99.10% of companies in Financial Services sector

Performance

MS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Book Value	Dec 31, 25	$101.88B	+1.7%	+7.5%	+11.5%	+10.1%
Annual Book Value	Dec 31, 25	$101.88B	–	+7.5%	+11.5%	+10.1%
Price	Feb 25, 26	$173.73	+5.0%	+34.0%	+77.8%	+121.5%
Quarterly Total Assets	Dec 31, 25	$1,423.28B	+4.3%	+16.9%	+20.3%	+27.3%
Quarterly Total Liabilities	Dec 31, 25	$1,310.62B	+4.5%	+17.8%	+21.1%	+29.1%
PB Ratio	Feb 25, 26	2.71	+3.4%	+22.6%	+50.6%	+76.0%
Quarterly Shareholders Equity	Dec 31, 25	$111.63B	+1.5%	+6.8%	+11.5%	+9.7%
Market Cap	Feb 25, 26	$276B	+5.0%	+32.1%	+68.0%	+94.1%

Quarterly Book Value Highs

MS Quarterly Book Value Highs Comparison
Period	High	Date	Current
1Y	$101.88B	Dec 31, 25	at high
3Y	$101.88B	Dec 31, 25	at high
5Y	$101.88B	Dec 31, 25	at high
All	$101.88B	Dec 31, 25	at high

Quarterly Book Value Lows

MS Quarterly Book Value Lows Comparison
Period	Low	Date	Current
1Y	$94.76B	N/A	+7.5%
3Y	$90.29B	Dec 31, 23	+12.8%
5Y	$90.29B	Dec 31, 23	+12.8%
All	$302.10M	Dec 31, 85	>+9999.0%

Quarterly Book Value History

Month	Value	Change
Dec 2025	$101.88B	+1.7%
Sep 2025	$100.21B	+1.8%
Jun 2025	$98.43B	+1.4%
Mar 2025	$97.06B	+2.4%
Dec 2024	$94.76B	+0.9%
Sep 2024	$93.90B	+2.1%
Jun 2024	$91.96B	+1.7%
Mar 2024	$90.45B	+0.2%
Dec 2023	$90.29B	-0.2%
Sep 2023	$90.46B	-1.3%
Jun 2023	$91.64B	-0.5%
Mar 2023	$92.08B	+0.7%
Dec 2022	$91.39B	-0.9%
Sep 2022	$92.26B	-1.7%
Jun 2022	$93.85B	-1.4%
Mar 2022	$95.15B	-2.6%
Dec 2021	$97.69B	-0.5%
Sep 2021	$98.15B	-1.0%
Jun 2021	$99.12B	+0.6%
Mar 2021	$98.51B	+6.5%
Dec 2020	$92.53B	+15.8%
Sep 2020	$79.87B	+2.2%
Jun 2020	$78.13B	+1.0%
Mar 2020	$77.34B	+5.9%
Dec 2019	$73.03B	-1.1%
Sep 2019	$73.86B	+0.9%
Jun 2019	$73.20B	+1.4%
Mar 2019	$72.20B	+0.7%
Dec 2018	$71.73B	+2.2%
Sep 2018	$70.18B	-0.6%
Jun 2018	$70.59B	+1.5%
Mar 2018	$69.51B	+0.9%
Dec 2017	$68.87B	-2.3%
Sep 2017	$70.46B	+0.2%
Jun 2017	$70.31B	+1.3%
Mar 2017	$69.40B	+1.3%
Dec 2016	$68.53B	-1.6%
Sep 2016	$69.63B	+0.0%
Jun 2016	$69.60B	+1.6%
Mar 2016	$68.49B	+1.2%
Dec 2015	$67.66B	-0.2%
Sep 2015	$67.77B	+0.4%
Jun 2015	$67.52B	+1.3%
Mar 2015	$66.64B	+2.7%
Dec 2014	$64.88B	-3.0%
Sep 2014	$66.90B	+1.8%
Jun 2014	$65.73B	+3.0%
Mar 2014	$63.85B	+1.8%
Dec 2013	$62.70B	-0.1%
Sep 2013	$62.76B	+1.8%
Jun 2013	$61.67B	+0.8%
Mar 2013	$61.20B	+1.0%
Dec 2012	$60.60B	+0.5%
Sep 2012	$60.29B	-1.7%
Jun 2012	$61.33B	+0.9%
Mar 2012	$60.82B	+0.5%
Dec 2011	$60.54B	+0.4%
Sep 2011	$60.32B	+3.6%
Jun 2011	$58.20B	+19.8%
Mar 2011	$48.59B	+2.0%
Dec 2010	$47.61B	+0.7%
Sep 2010	$47.28B	+14.2%
Jun 2010	$41.42B	+7.1%
Mar 2010	$38.67B	+4.2%
Dec 2009	$37.09B	+0.9%
Sep 2009	$36.75B	-0.6%
Jun 2009	$36.99B	+26.2%
Mar 2009	$29.31B	-7.5%
Nov 2008	$31.68B	-8.6%
Aug 2008	$34.67B	+3.8%
May 2008	$33.39B	+3.8%
Feb 2008	$32.18B	+6.7%
Nov 2007	$30.17B	-11.7%
Aug 2007	$34.15B	-11.1%
May 2007	$38.41B	+4.2%
Feb 2007	$36.85B	+7.4%

Month	Value	Change
Nov 2006	$34.33B	+3.6%
Aug 2006	$33.14B	+2.5%
May 2006	$32.32B	+7.1%
Feb 2006	$30.19B	+3.5%
Nov 2005	$29.18B	+3.1%
Aug 2005	$28.29B	-0.4%
May 2005	$28.40B	-0.6%
Feb 2005	$28.56B	+1.0%
Nov 2004	$28.27B	+2.8%
Aug 2004	$27.49B	+1.5%
May 2004	$27.07B	+3.6%
Feb 2004	$26.13B	+4.8%
Nov 2003	$24.94B	+4.9%
Aug 2003	$23.78B	+4.7%
May 2003	$22.71B	+0.7%
Feb 2003	$22.54B	+2.6%
Nov 2002	$21.96B	+2.1%
Aug 2002	$21.51B	+0.7%
May 2002	$21.37B	+1.8%
Feb 2002	$20.99B	+2.5%
Nov 2001	$20.47B	+3.6%
Aug 2001	$19.75B	+0.8%
May 2001	$19.59B	+1.4%
Feb 2001	$19.32B	+2.5%
Nov 2000	$18.84B	+1.3%
Aug 2000	$18.60B	+3.0%
May 2000	$18.06B	+1.4%
Feb 2000	$17.80B	+4.8%
Nov 1999	$16.98B	+10.2%
Aug 1999	$15.42B	+0.2%
May 1999	$15.38B	+1.1%
Feb 1999	$15.22B	+5.0%
Nov 1998	$14.50B	+3.3%
Aug 1998	$14.03B	+0.1%
May 1998	$14.02B	-4.7%
Feb 1998	$14.72B	+4.0%
Nov 1997	$14.15B	+8.9%
Aug 1997	$12.99B	+5.1%
May 1997	$12.36B	+126.3%
Mar 1997	$5.46B	+5.7%
Dec 1996	$5.16B	+3.7%
Sep 1996	$4.98B	+0.5%
Jun 1996	$4.95B	+0.8%
Mar 1996	$4.91B	+1.6%
Dec 1995	$4.83B	+2.3%
Sep 1995	$4.72B	+4.4%
Jun 1995	$4.52B	+5.1%
Mar 1995	$4.30B	+4.8%
Dec 1994	$4.11B	+2.0%
Sep 1994	$4.03B	+4.3%
Jun 1994	$3.86B	+5.2%
Mar 1994	$3.67B	+5.5%
Dec 1993	$3.48B	+3.6%
Sep 1993	$3.36B	+4.9%
Jun 1993	$3.20B	+5.2%
Mar 1993	$3.04B	-11.5%
Jan 1993	$3.43B	+7.2%
Oct 1992	$3.20B	+2.1%
Jul 1992	$3.14B	-1.3%
Apr 1992	$3.18B	+6.2%
Dec 1991	$2.99B	+15.9%
Sep 1991	$2.58B	+4.1%
Jun 1991	$2.48B	+9.7%
Mar 1991	$2.26B	+4.2%
Dec 1990	$2.17B	+3.1%
Sep 1990	$2.11B	+2.3%
Jun 1990	$2.06B	+1.8%
Mar 1990	$2.02B	+0.1%
Dec 1989	$2.02B	+8.9%
Sep 1989	$1.86B	+5.2%
Jun 1989	$1.76B	+31.9%
Dec 1988	$1.34B	+33.7%
Dec 1987	$1.00B	+27.4%
Dec 1986	$785.60M	+160.0%
Dec 1985	$302.10M	-

FAQ

What is the current quarterly book value of MS?
As of today, MS quarterly book value is $101.88B
What is MS quarterly book value most recent change?
MS quarterly book value was up +1.67% on December 31, 2025
What is 1-year change in MS quarterly book value?
MS quarterly book value is up +7.51% year-over-year
How far is MS quarterly book value from its all-time high?
MS quarterly book value is currently at its all-time high
How does MS quarterly book value rank versus sector peers?
MS quarterly book value is higher than 99.10% of companies in Financial Services sector
When is MS next earnings release?
The next earnings release for MS is on April 15, 2026

Book Value Formula

Book Value = Total Assets − Total Liabilities

Data Sources & References

MS Official Website www.morganstanley.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/895421/000089542126000086/0000895421-26-000086-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/895421/000089542126000086/0000895421-26-000086-index.htm
MS Profile on Yahoo Finance finance.yahoo.com/quote/MS
MS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ms