What is the current annual debt to equity of MS?

As of today, MS annual debt to equity is 4.22

What is 1-year change in MS annual debt to equity?

MS annual debt to equity is up +15.93% year-over-year

What is 3-year change in MS annual debt to equity?

MS annual debt to equity is up +28.27% over the past 3 years

How far is MS annual debt to equity from its all-time high?

MS annual debt to equity is currently -76.54% below its historical high of 17.99 set on November 30, 2006

How does MS annual debt to equity rank versus sector peers?

MS annual debt to equity is higher than 96.19% of companies in Financial Services sector

When is MS next annual earnings release?

The next annual earnings release for MS is on January 14, 2027

What is the current quarterly debt to equity of MS?

As of today, MS quarterly debt to equity is 4.52

What is MS quarterly debt to equity most recent change?

MS quarterly debt to equity was down -3.62% on September 30, 2026

What is 1-year change in MS quarterly debt to equity?

MS quarterly debt to equity is up +15.31% year-over-year

How far is MS quarterly debt to equity from its all-time high?

MS quarterly debt to equity is currently -75.83% below its historical high of 18.70 set on February 28, 2006

How does MS quarterly debt to equity rank versus sector peers?

MS quarterly debt to equity is higher than 97.55% of companies in Financial Services sector

When is MS next earnings release?

The next earnings release for MS is on January 14, 2027

Morgan Stanley (MS) Debt To Equity Ratio History & Chart

Annual Debt To Equity

4.220.58+15.93%

December 31, 2025

Summary

Current Value: As of today, MS annual debt to equity is 4.22, up +15.93% on December 31, 2025
Historical Performance: MS annual debt to equity is up +28.27% over the past 3 years, up +45.02% over the past 5 years
All-Time High Comparison: MS annual debt to equity is currently -76.54% below its historical high of 17.99 set on November 30, 2006
3-Year Low Comparison: MS annual debt to equity is +28.27% above its 3-year low of 3.29 reached on an earlier date
Sector Comparison: MS annual debt to equity is higher than 96.19% of companies in Financial Services sector

Debt To Equity Chart

Performance

MS Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Debt To Equity	Dec 31, 25	4.22	+15.9%	+28.3%	+45.0%	-36.9%
Quarterly Debt To Equity	Sep 30, 26	4.52	+15.3%	+29.5%	+52.7%	-20.6%
Price	Nov 13, 26	$190.65	+15.1%	+154.1%	+90.9%	+1065.3%
Annual Total Debt	Dec 31, 25	$471.38B	+23.8%	+43.1%	+58.9%	+23.1%
Annual Shareholders Equity	Dec 31, 25	$111.63B	+6.8%	+11.5%	+9.7%	+95.1%
Annual Current Ratio	Dec 31, 25	1.40	+0.7%	+5.3%	+4.5%	-16.2%
Annual Quick Ratio	Dec 31, 25	-	–	–	–	–
Annual Short Term Debt	Dec 31, 25	$144.05B	+31.4%	+39.7%	+44.8%	-20.2%
Annual Long Term Debt	Dec 31, 25	$327.33B	+20.8%	+44.7%	+66.1%	+61.7%
Piotroski F-Score	Sep 30, 26	5	-16.7%	0.0%	+25.0%	-16.7%
Altman Z-Score	Nov 13, 26	0.70	0.0%	+48.9%	+45.8%	+11.1%

Debt To Equity Highs

MS Annual Debt To Equity Highs Comparison
Period	High	Date	Current
3Y	4.22	Dec 31, 25	at high
5Y	4.22	Dec 31, 25	at high
All	17.99	Nov 30, 06	-76.5%

Debt To Equity Lows

MS Annual Debt To Equity Lows Comparison
Period	Low	Date	Current
3Y	3.29	N/A	+28.3%
5Y	2.91	N/A	+45.0%
All	0.58	Dec 31, 87	+627.6%

Debt To Equity History

Year	Value	Change
2025	4.22	+15.9%
2024	3.64	+0.3%
2023	3.63	+10.3%
2022	3.29	+7.5%
2021	3.06	+5.2%
2020	2.91	-13.6%
2019	3.37	+3.7%
2018	3.25	-8.2%
2017	3.54	+8.9%
2016	3.25	+10.2%
2015	2.95	-20.3%
2014	3.70	-30.1%
2013	5.29	-4.9%
2012	5.56	+0.5%
2011	5.53	-17.3%
2010	6.69	-19.8%
2009	8.34	+39.7%
2008	5.97	-64.5%
2007	16.83	-6.4%
2006	17.99	+0.6%
2005	17.88	+21.1%

Year	Value	Change
2004	14.76	+33.8%
2003	11.03	-10.5%
2002	12.33	+12.2%
2001	10.99	+7.5%
2000	10.22	-8.4%
1999	11.16	+1.6%
1998	10.98	-4.8%
1997	11.53	+161.5%
1996	4.41	+63.3%
1995	2.70	+18.9%
1994	2.27	+23.4%
1993	1.84	-45.7%
1993	3.39	+4.0%
1992	3.26	+1.9%
1991	3.20	+2.2%
1990	3.13	+5.0%
1989	2.98	+388.5%
1988	0.61	+5.2%
1987	0.58	-15.9%
1986	0.69	-42.0%
1985	1.19	-

FAQ

What is the current annual debt to equity of MS?: As of today, MS annual debt to equity is 4.22
What is 1-year change in MS annual debt to equity?: MS annual debt to equity is up +15.93% year-over-year
What is 3-year change in MS annual debt to equity?: MS annual debt to equity is up +28.27% over the past 3 years
How far is MS annual debt to equity from its all-time high?: MS annual debt to equity is currently -76.54% below its historical high of 17.99 set on November 30, 2006
How does MS annual debt to equity rank versus sector peers?: MS annual debt to equity is higher than 96.19% of companies in Financial Services sector
When is MS next annual earnings release?: The next annual earnings release for MS is on January 14, 2027

Debt To Equity Formula

Debt To Equity =

Total Debt

Shareholders Equity

Quarterly Debt To Equity

4.520.17-3.62%

September 30, 2026

Summary

Current Value: As of today, MS quarterly debt to equity is 4.52, down -3.62% on September 30, 2026
Historical Performance: MS quarterly debt to equity is up +15.31% year-over-year, up +29.51% over the past 3 years
All-Time High Comparison: MS quarterly debt to equity is currently -75.83% below its historical high of 18.70 set on February 28, 2006
3-Year Low Comparison: MS quarterly debt to equity is +29.51% above its 3-year low of 3.49 reached on an earlier date
Sector Comparison: MS quarterly debt to equity is higher than 97.55% of companies in Financial Services sector

Performance

MS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Debt To Equity	Sep 30, 26	4.52	-3.6%	+15.3%	+29.5%	+52.7%
Annual Debt To Equity	Dec 31, 25	4.22	–	+15.9%	+28.3%	+45.0%
Price	Nov 13, 26	$190.65	-12.7%	+15.1%	+154.1%	+90.9%
Quarterly Total Debt	Sep 30, 26	$529.61B	-2.9%	+23.0%	+52.8%	+69.1%
Quarterly Shareholders Equity	Sep 30, 26	$117.11B	+0.7%	+6.5%	+18.0%	+10.6%
Quarterly Current Ratio	Sep 30, 26	1.49	+6.4%	-4.5%	+4.9%	+11.2%
Quarterly Quick Ratio	Sep 30, 26	-	–	–	–	–
Quarterly Short Term Debt	Sep 30, 26	$142.64B	-7.3%	+45.0%	+47.9%	+62.6%
Quarterly Long Term Debt	Sep 30, 26	$386.97B	-1.1%	+16.5%	+54.7%	+71.7%
Piotroski F-Score	Sep 30, 26	5	0.0%	-16.7%	0.0%	+25.0%
Altman Z-Score	Nov 13, 26	0.70	-2.8%	0.0%	+48.9%	+45.8%

Quarterly Debt To Equity Highs

MS Quarterly Debt To Equity Highs Comparison
Period	High	Date	Current
1Y	4.69	Jun 30, 26	-3.6%
3Y	4.69	Jun 30, 26	-3.6%
5Y	4.69	Jun 30, 26	-3.6%
All	18.70	Feb 28, 06	-75.8%

Quarterly Debt To Equity Lows

MS Quarterly Debt To Equity Lows Comparison
Period	Low	Date	Current
1Y	3.92	N/A	+15.3%
3Y	3.49	N/A	+29.5%
5Y	2.96	N/A	+52.7%
All	0.58	Dec 31, 87	+679.3%

Quarterly Debt To Equity History

Month	Value	Change
Sep 2026	4.52	-3.6%
Jun 2026	4.69	+0.4%
Mar 2026	4.67	+10.7%
Dec 2025	4.22	+7.7%
Sep 2025	3.92	-3.9%
Jun 2025	4.08	+5.4%
Mar 2025	3.87	+6.3%
Dec 2024	3.64	-3.7%
Sep 2024	3.78	+1.6%
Jun 2024	3.72	-4.1%
Mar 2024	3.88	+6.9%
Dec 2023	3.63	+4.0%
Sep 2023	3.49	+7.4%
Jun 2023	3.25	-2.1%
Mar 2023	3.32	+0.9%
Dec 2022	3.29	+10.4%
Sep 2022	2.98	-3.2%
Jun 2022	3.08	+1.3%
Mar 2022	3.04	-0.7%
Dec 2021	3.06	+3.4%
Sep 2021	2.96	+4.6%
Jun 2021	2.83	+4.4%
Mar 2021	2.71	-6.9%
Dec 2020	2.91	-3.6%
Sep 2020	3.02	-6.8%
Jun 2020	3.24	+4.9%
Mar 2020	3.09	-8.3%
Dec 2019	3.37	+0.3%
Sep 2019	3.36	-4.3%
Jun 2019	3.51	+7.3%
Mar 2019	3.27	+0.6%
Dec 2018	3.25	-6.3%
Sep 2018	3.47	+3.3%
Jun 2018	3.36	-2.9%
Mar 2018	3.46	-2.3%
Dec 2017	3.54	+1.1%
Sep 2017	3.50	+2.3%
Jun 2017	3.42	+2.1%
Mar 2017	3.35	+3.1%
Dec 2016	3.25	+5.2%
Sep 2016	3.09	-1.6%
Jun 2016	3.14	+3.0%
Mar 2016	3.05	+3.4%
Dec 2015	2.95	-11.7%
Sep 2015	3.34	-4.3%
Jun 2015	3.49	+0.6%
Mar 2015	3.47	-6.2%
Dec 2014	3.70	-2.9%
Sep 2014	3.81	-12.4%
Jun 2014	4.35	-7.4%
Mar 2014	4.70	-11.2%
Dec 2013	5.29	-0.8%
Sep 2013	5.33	-2.9%
Jun 2013	5.49	+0.2%
Mar 2013	5.48	-2.0%
Dec 2012	5.59	+1.3%
Sep 2012	5.52	+6.2%
Jun 2012	5.20	-5.3%
Mar 2012	5.49	-0.7%
Dec 2011	5.53	-2.8%
Sep 2011	5.69	-13.1%
Jun 2011	6.55	-6.0%
Mar 2011	6.97	+4.2%
Dec 2010	6.69	-10.7%
Sep 2010	7.49	-9.2%
Jun 2010	8.25	-6.3%
Mar 2010	8.80	+5.5%
Dec 2009	8.34	+0.8%
Sep 2009	8.27	+24.4%
Jun 2009	6.65	+13.3%
Mar 2009	5.87	-1.7%
Nov 2008	5.97	-46.1%
Aug 2008	11.07	-14.6%
May 2008	12.97	-16.1%
Feb 2008	15.46	-8.1%
Nov 2007	16.83	-7.7%
Aug 2007	18.23	+11.0%

Month	Value	Change
May 2007	16.43	-10.4%
Feb 2007	18.33	+1.9%
Nov 2006	17.99	+5.6%
Aug 2006	17.04	-6.6%
May 2006	18.24	-2.5%
Feb 2006	18.70	+4.4%
Nov 2005	17.92	+8.5%
Aug 2005	16.52	+3.8%
May 2005	15.91	-1.9%
Feb 2005	16.21	+9.8%
Nov 2004	14.76	+2.4%
Aug 2004	14.41	+1.1%
May 2004	14.25	+9.9%
Feb 2004	12.97	+17.6%
Nov 2003	11.03	+1.3%
Aug 2003	10.89	-5.6%
May 2003	11.53	-4.2%
Feb 2003	12.03	-2.4%
Nov 2002	12.33	+5.7%
Aug 2002	11.66	-8.0%
May 2002	12.68	+11.7%
Feb 2002	11.35	+3.3%
Nov 2001	10.99	-7.3%
Aug 2001	11.85	-2.0%
May 2001	12.09	+12.9%
Feb 2001	10.71	+4.8%
Nov 2000	10.22	+0.8%
Aug 2000	10.14	-4.7%
May 2000	10.64	-10.7%
Feb 2000	11.92	+6.8%
Nov 1999	11.16	+4.0%
Aug 1999	10.73	-2.2%
May 1999	10.97	+0.8%
Feb 1999	10.88	-0.9%
Nov 1998	10.98	-16.7%
Aug 1998	13.18	+3.3%
May 1998	12.76	+1.4%
Feb 1998	12.58	+9.1%
Nov 1997	11.53	-4.9%
Aug 1997	12.13	+3.2%
May 1997	11.75	+183.8%
Mar 1997	4.14	-6.1%
Dec 1996	4.41	+37.8%
Sep 1996	3.20	+2.9%
Jun 1996	3.11	+2.0%
Mar 1996	3.05	+13.0%
Dec 1995	2.70	+39.9%
Sep 1995	1.93	+0.5%
Jun 1995	1.92	-2.0%
Mar 1995	1.96	-13.7%
Dec 1994	2.27	+24.7%
Sep 1994	1.82	0.0%
Jun 1994	1.82	+9.0%
Mar 1994	1.67	-9.2%
Dec 1993	1.84	+4.5%
Sep 1993	1.76	+18.9%
Jun 1993	1.48	+41.0%
Mar 1993	1.05	-69.0%
Jan 1993	3.39	-5.3%
Oct 1992	3.58	+18.5%
Jul 1992	3.02	-7.1%
Apr 1992	3.25	+1.6%
Dec 1991	3.20	-16.9%
Sep 1991	3.85	+44.2%
Jun 1991	2.67	-32.4%
Mar 1991	3.95	+26.2%
Dec 1990	3.13	-4.9%
Sep 1990	3.29	-6.3%
Jun 1990	3.51	+9.3%
Mar 1990	3.21	+7.7%
Dec 1989	2.98	+25.7%
Sep 1989	2.37	-25.0%
Jun 1989	3.16	+418.0%
Dec 1988	0.61	+5.2%
Dec 1987	0.58	-15.9%
Dec 1986	0.69	-42.0%
Dec 1985	1.19	-

FAQ

What is the current quarterly debt to equity of MS?: As of today, MS quarterly debt to equity is 4.52
What is MS quarterly debt to equity most recent change?: MS quarterly debt to equity was down -3.62% on September 30, 2026
What is 1-year change in MS quarterly debt to equity?: MS quarterly debt to equity is up +15.31% year-over-year
How far is MS quarterly debt to equity from its all-time high?: MS quarterly debt to equity is currently -75.83% below its historical high of 18.70 set on February 28, 2006
How does MS quarterly debt to equity rank versus sector peers?: MS quarterly debt to equity is higher than 97.55% of companies in Financial Services sector
When is MS next earnings release?: The next earnings release for MS is on January 14, 2027

Debt To Equity Formula

Debt To Equity =

Total Debt

Shareholders Equity

Data Sources & References

MS Official Website www.morganstanley.com
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