What is the current annual interest expense of MS?

As of today, MS annual interest expense is $49.02B

What is 1-year change in MS annual interest expense?

MS annual interest expense is up +7.67% year-over-year

What is 3-year change in MS annual interest expense?

MS annual interest expense is up +299.55% over the past 3 years

How far is MS annual interest expense from its all-time high?

MS annual interest expense is currently -14.46% below its historical high of $57.30B set on November 30, 2007

How does MS annual interest expense rank versus sector peers?

MS annual interest expense is higher than 99.54% 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 interest expense of MS?

As of today, MS quarterly interest expense is $12.94B

What is MS quarterly interest expense most recent change?

MS quarterly interest expense was down -1.40% on September 30, 2026

What is 1-year change in MS quarterly interest expense?

MS quarterly interest expense is down -0.21% year-over-year

How far is MS quarterly interest expense from its all-time high?

MS quarterly interest expense is currently -19.17% below its historical high of $16.01B set on May 31, 2007

How does MS quarterly interest expense rank versus sector peers?

MS quarterly interest expense is higher than 99.52% of companies in Financial Services sector

When is MS next earnings release?

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

What is the current TTM interest expense of MS?

As of today, MS TTM interest expense is $50.73B

What is MS TTM interest expense most recent change?

MS TTM interest expense was down -0.05% on September 30, 2026

What is 1-year change in MS TTM interest expense?

MS TTM interest expense is up +6.00% year-over-year

How far is MS TTM interest expense from its all-time high?

MS TTM interest expense is currently -12.42% below its historical high of $57.93B set on November 30, 2007

How does MS TTM interest expense rank versus sector peers?

MS TTM interest expense is higher than 99.52% 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) Interest Expense History & Chart

Annual Interest Expense

$49.02B$3.49B+7.67%

December 31, 2025

Summary

Current Value: As of today, MS annual interest expense is $49.02B, up +7.67% on December 31, 2025
Historical Performance: MS annual interest expense is up +299.55% over the past 3 years, up +1173.50% over the past 5 years
All-Time High Comparison: MS annual interest expense is currently -14.46% below its historical high of $57.30B set on November 30, 2007
3-Year Low Comparison: MS annual interest expense is +299.55% above its 3-year low of $12.27B reached on an earlier date
Sector Comparison: MS annual interest expense is higher than 99.54% of companies in Financial Services sector

Interest Expense Chart

beforeafter

Performance

MS Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Interest Expense	Dec 31, 25	$49.02B	+7.7%	+299.6%	+1173.5%	+664.2%
Quarterly Interest Expense	Sep 30, 26	$12.94B	-0.2%	+27.5%	+4392.4%	+704.6%
TTM Interest Expense	Sep 30, 26	$50.73B	+6.0%	+51.0%	+3477.5%	+606.3%
Price	Oct 26, 26	$184.02	+12.3%	+155.3%	+77.8%	+1005.9%
Annual Interest Coverage Ratio	Dec 31, 25	1.45	+4.3%	-32.6%	-69.5%	-26.4%
Annual EBIT	Dec 31, 25	$70.97B	+12.4%	+169.3%	+288.5%	+461.3%
Annual Total Debt	Dec 31, 25	$471.38B	+23.8%	+43.1%	+58.9%	+23.1%
Annual Revenue	Dec 31, 25	$119.72B	+11.5%	+81.4%	+129.8%	+219.8%

Interest Expense Highs

MS Annual Interest Expense Highs Comparison
Period	High	Date	Current
3Y	$49.02B	Dec 31, 25	at high
5Y	$49.02B	Dec 31, 25	at high
All	$57.30B	Nov 30, 07	-14.5%

Interest Expense Lows

MS Annual Interest Expense Lows Comparison
Period	Low	Date	Current
3Y	$12.27B	N/A	+299.6%
5Y	$1.37B	Dec 31, 21	+3488.4%
All	$815.30M	Dec 31, 93	+5912.1%

Interest Expense History

Year	Value	Change
2025	$49.02B	+7.7%
2024	$45.52B	+21.0%
2023	$37.62B	+206.6%
2022	$12.27B	+798.1%
2021	$1.37B	-64.5%
2020	$3.85B	-69.0%
2019	$12.40B	+23.0%
2018	$10.09B	+77.0%
2017	$5.70B	+71.7%
2016	$3.32B	+21.0%
2015	$2.74B	-25.4%
2014	$3.68B	-17.0%
2013	$4.43B	-24.9%
2012	$5.90B	-14.6%
2011	$6.90B	+7.6%
2010	$6.41B	-4.3%
2009	$6.71B	-82.1%
2008	$37.52B	-34.5%
2007	$57.30B	+40.1%

Year	Value	Change
2006	$40.90B	+67.4%
2005	$24.43B	+66.1%
2004	$14.71B	+14.8%
2003	$12.81B	+7.0%
2002	$11.97B	-42.4%
2001	$20.78B	+14.3%
2000	$18.18B	+59.6%
1999	$11.39B	-15.7%
1998	$13.51B	+25.1%
1997	$10.81B	+590.0%
1996	$1.57B	+3.4%
1995	$1.51B	+44.5%
1994	$1.05B	+28.6%
1993	$815.30M	-15.6%
1992	$965.80M	-10.7%
1991	$1.08B	-8.1%
1990	$1.18B	+5.9%
1989	$1.11B	-6.5%
1988	$1.19B	-

FAQ

What is the current annual interest expense of MS?: As of today, MS annual interest expense is $49.02B
What is 1-year change in MS annual interest expense?: MS annual interest expense is up +7.67% year-over-year
What is 3-year change in MS annual interest expense?: MS annual interest expense is up +299.55% over the past 3 years
How far is MS annual interest expense from its all-time high?: MS annual interest expense is currently -14.46% below its historical high of $57.30B set on November 30, 2007
How does MS annual interest expense rank versus sector peers?: MS annual interest expense is higher than 99.54% 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

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

Quarterly Interest Expense

$12.94B$184.00M-1.40%

September 30, 2026

Summary

Current Value: As of today, MS quarterly interest expense is $12.94B, down -1.40% on September 30, 2026
Historical Performance: MS quarterly interest expense is down -0.21% year-over-year, up +27.48% over the past 3 years
All-Time High Comparison: MS quarterly interest expense is currently -19.17% below its historical high of $16.01B set on May 31, 2007
3-Year Low Comparison: MS quarterly interest expense is +27.48% above its 3-year low of $10.15B reached on an earlier date
Sector Comparison: MS quarterly interest expense is higher than 99.52% of companies in Financial Services sector

Performance

MS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Interest Expense	Sep 30, 26	$12.94B	-1.4%	-0.2%	+27.5%	+4392.4%
Annual Interest Expense	Dec 31, 25	$49.02B	–	+7.7%	+299.6%	+1173.5%
TTM Interest Expense	Sep 30, 26	$50.73B	-0.1%	+6.0%	+51.0%	+3477.5%
Price	Oct 26, 26	$184.02	-14.2%	+12.3%	+155.3%	+77.8%
Quarterly Interest Coverage Ratio	Sep 30, 26	1.50	-3.9%	+2.7%	+14.5%	-91.6%
Quarterly EBIT	Sep 30, 26	$19.42B	-5.2%	+2.2%	+46.0%	+276.1%
Quarterly Total Debt	Sep 30, 26	$407.49B	-25.3%	-5.4%	+17.6%	+30.1%
Quarterly Revenue	Sep 30, 26	$33.28B	-3.7%	+6.6%	+41.6%	+121.1%

Quarterly Interest Expense Highs

MS Quarterly Interest Expense Highs Comparison
Period	High	Date	Current
1Y	$13.12B	Jun 30, 26	-1.4%
3Y	$13.12B	Jun 30, 26	-1.4%
5Y	$13.12B	Jun 30, 26	-1.4%
All	$16.01B	May 31, 07	-19.2%

Quarterly Interest Expense Lows

MS Quarterly Interest Expense Lows Comparison
Period	Low	Date	Current
1Y	$12.10B	Dec 31, 25	+6.9%
3Y	$10.15B	N/A	+27.5%
5Y	$288.00M	N/A	+4392.4%
All	$288.00M	Sep 30, 21	+4392.4%

Quarterly Interest Expense History

Month	Value	Change
Sep 2026	$12.94B	-1.4%
Jun 2026	$13.12B	+4.4%
Mar 2026	$12.57B	+3.9%
Dec 2025	$12.10B	-6.7%
Sep 2025	$12.97B	+3.2%
Jun 2025	$12.56B	+10.2%
Mar 2025	$11.40B	+4.2%
Dec 2024	$10.94B	-8.8%
Sep 2024	$11.99B	+4.6%
Jun 2024	$11.46B	+2.9%
Mar 2024	$11.13B	-8.4%
Dec 2023	$12.16B	+19.8%
Sep 2023	$10.15B	+14.0%
Jun 2023	$8.90B	+16.6%
Mar 2023	$7.63B	+10.4%
Dec 2022	$6.91B	+92.5%
Sep 2022	$3.59B	+170.0%
Jun 2022	$1.33B	+206.5%
Mar 2022	$434.00M	+34.8%
Dec 2021	$322.00M	+11.8%
Sep 2021	$288.00M	-17.0%
Jun 2021	$347.00M	-15.2%
Mar 2021	$409.00M	+9.4%
Dec 2020	$374.00M	-34.4%
Sep 2020	$570.00M	-24.8%
Jun 2020	$758.00M	-64.7%
Mar 2020	$2.15B	-14.8%
Dec 2019	$2.52B	-19.6%
Sep 2019	$3.13B	-9.9%
Jun 2019	$3.48B	+6.1%
Mar 2019	$3.28B	+4.9%
Dec 2018	$3.12B	+16.0%
Sep 2018	$2.69B	+12.7%
Jun 2018	$2.39B	+26.7%
Mar 2018	$1.89B	+18.5%
Dec 2017	$1.59B	+2.2%
Sep 2017	$1.56B	+14.9%
Jun 2017	$1.36B	+13.5%
Mar 2017	$1.19B	+21.2%
Dec 2016	$985.00M	+34.7%
Sep 2016	$731.00M	-3.1%
Jun 2016	$754.00M	-11.1%
Mar 2016	$848.00M	+77.8%
Dec 2015	$477.00M	-30.8%
Sep 2015	$689.00M	+0.1%
Jun 2015	$688.00M	-22.5%
Mar 2015	$888.00M	+6.6%
Dec 2014	$833.00M	+0.7%
Sep 2014	$827.00M	-15.9%
Jun 2014	$983.00M	-5.0%
Mar 2014	$1.04B	+29.4%
Dec 2013	$800.00M	-30.5%
Sep 2013	$1.15B	+8.2%
Jun 2013	$1.06B	-11.8%
Mar 2013	$1.21B	-7.4%
Dec 2012	$1.30B	-15.2%
Sep 2012	$1.54B	+3.5%
Jun 2012	$1.48B	-7.3%
Mar 2012	$1.60B	+13.4%
Dec 2011	$1.41B	-12.2%
Sep 2011	$1.61B	-20.7%
Jun 2011	$2.03B	+9.5%

Month	Value	Change
Mar 2011	$1.85B	+9.5%
Dec 2010	$1.69B	-3.5%
Sep 2010	$1.75B	+9.2%
Jun 2010	$1.61B	+17.4%
Mar 2010	$1.37B	+6.3%
Dec 2009	$1.29B	-14.6%
Sep 2009	$1.51B	-22.1%
Jun 2009	$1.93B	-16.1%
Mar 2009	$2.31B	-61.6%
Nov 2008	$6.00B	-30.7%
Aug 2008	$8.65B	-13.6%
May 2008	$10.01B	-22.2%
Feb 2008	$12.86B	-15.2%
Nov 2007	$15.16B	+14.2%
Aug 2007	$13.27B	-17.1%
May 2007	$16.01B	+18.7%
Feb 2007	$13.49B	+30.0%
Nov 2006	$10.37B	-12.4%
Aug 2006	$11.84B	+18.5%
May 2006	$9.99B	+5.3%
Feb 2006	$9.48B	+14.9%
Nov 2005	$8.25B	+37.9%
Aug 2005	$5.99B	+7.0%
May 2005	$5.60B	+20.1%
Feb 2005	$4.66B	-1.1%
Nov 2004	$4.71B	+13.6%
Aug 2004	$4.15B	+40.7%
May 2004	$2.95B	-2.2%
Feb 2004	$3.02B	-18.3%
Nov 2003	$3.69B	+9.6%
Aug 2003	$3.37B	+10.1%
May 2003	$3.06B	+13.8%
Feb 2003	$2.69B	-10.5%
Nov 2002	$3.00B	-5.8%
Aug 2002	$3.19B	+12.1%
May 2002	$2.84B	-3.1%
Feb 2002	$2.94B	-11.1%
Nov 2001	$3.30B	-32.3%
Aug 2001	$4.88B	-23.9%
May 2001	$6.41B	+3.8%
Feb 2001	$6.18B	+34.9%
Nov 2000	$4.58B	-12.6%
Aug 2000	$5.24B	+18.6%
May 2000	$4.42B	+11.1%
Feb 2000	$3.98B	+302.4%
Nov 1999	$989.00M	-76.7%
Aug 1999	$4.25B	+29.5%
May 1999	$3.28B	+13.9%
Feb 1999	$2.88B	-16.3%
Nov 1998	$3.44B	+1.8%
Aug 1998	$3.38B	-5.0%
May 1998	$3.55B	+13.0%
Feb 1998	$3.15B	+10.2%
Nov 1997	$2.85B	+3.2%
Aug 1997	$2.77B	+11.6%
May 1997	$2.48B	+497.3%
Mar 1997	$414.90M	+2.3%
Dec 1996	$405.40M	+3.8%
Sep 1996	$390.40M	+2.8%
Jun 1996	$379.70M	-2.8%
Mar 1996	$390.70M	-

FAQ

What is the current quarterly interest expense of MS?: As of today, MS quarterly interest expense is $12.94B
What is MS quarterly interest expense most recent change?: MS quarterly interest expense was down -1.40% on September 30, 2026
What is 1-year change in MS quarterly interest expense?: MS quarterly interest expense is down -0.21% year-over-year
How far is MS quarterly interest expense from its all-time high?: MS quarterly interest expense is currently -19.17% below its historical high of $16.01B set on May 31, 2007
How does MS quarterly interest expense rank versus sector peers?: MS quarterly interest expense is higher than 99.52% of companies in Financial Services sector
When is MS next earnings release?: The next earnings release for MS is on January 14, 2027

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

TTM Interest Expense

$50.73B$27.00M-0.05%

September 30, 2026

Summary

Current Value: As of today, MS TTM interest expense is $50.73B, down -0.05% on September 30, 2026
Historical Performance: MS TTM interest expense is up +6.00% year-over-year, up +50.98% over the past 3 years
All-Time High Comparison: MS TTM interest expense is currently -12.42% below its historical high of $57.93B set on November 30, 2007
3-Year Low Comparison: MS TTM interest expense is +50.98% above its 3-year low of $33.60B reached on an earlier date
Sector Comparison: MS TTM interest expense is higher than 99.52% of companies in Financial Services sector

Performance

MS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Interest Expense	Sep 30, 26	$50.73B	-0.1%	+6.0%	+51.0%	+3477.5%
Annual Interest Expense	Dec 31, 25	$49.02B	–	+7.7%	+299.6%	+1173.5%
Quarterly Interest Expense	Sep 30, 26	$12.94B	-1.4%	-0.2%	+27.5%	+4392.4%
Price	Oct 26, 26	$184.02	-14.2%	+12.3%	+155.3%	+77.8%
TTM EBIT	Sep 30, 26	$77.33B	+0.6%	+12.1%	+67.7%	+274.8%
TTM Revenue	Sep 30, 26	$130.90B	+1.6%	+15.8%	+48.6%	+116.8%

TTM Interest Expense Highs

MS TTM Interest Expense Highs Comparison
Period	High	Date	Current
1Y	$50.76B	Jun 30, 26	-0.1%
3Y	$50.76B	Jun 30, 26	-0.1%
5Y	$50.76B	Jun 30, 26	-0.1%
All	$57.93B	Nov 30, 07	-12.4%

TTM Interest Expense Lows

MS TTM Interest Expense Lows Comparison
Period	Low	Date	Current
1Y	$47.86B	N/A	+6.0%
3Y	$33.60B	N/A	+51.0%
5Y	$1.37B	Dec 31, 21	+3613.7%
All	$390.70M	Mar 31, 96	>+9999.0%

TTM Interest Expense History

Month	Value	Change
Sep 2026	$50.73B	-0.1%
Jun 2026	$50.76B	+1.1%
Mar 2026	$50.19B	+2.4%
Dec 2025	$49.02B	+2.4%
Sep 2025	$47.86B	+2.1%
Jun 2025	$46.88B	+2.4%
Mar 2025	$45.79B	+0.6%
Dec 2024	$45.52B	-2.6%
Sep 2024	$46.75B	+4.1%
Jun 2024	$44.91B	+6.0%
Mar 2024	$42.35B	+9.0%
Dec 2023	$38.85B	+15.6%
Sep 2023	$33.60B	+24.3%
Jun 2023	$27.04B	+38.9%
Mar 2023	$19.47B	+58.7%
Dec 2022	$12.27B	+116.1%
Sep 2022	$5.68B	+139.1%
Jun 2022	$2.37B	+70.7%
Mar 2022	$1.39B	+1.8%
Dec 2021	$1.37B	-3.7%
Sep 2021	$1.42B	-16.6%
Jun 2021	$1.70B	-19.5%
Mar 2021	$2.11B	-45.2%
Dec 2020	$3.85B	-35.8%
Sep 2020	$5.99B	-29.9%
Jun 2020	$8.56B	-24.1%
Mar 2020	$11.28B	-9.1%
Dec 2019	$12.40B	-4.6%
Sep 2019	$13.01B	+3.5%
Jun 2019	$12.57B	+9.5%
Mar 2019	$11.48B	+13.8%
Dec 2018	$10.09B	+17.9%
Sep 2018	$8.56B	+15.3%
Jun 2018	$7.42B	+16.2%
Mar 2018	$6.39B	+12.1%
Dec 2017	$5.70B	+11.9%
Sep 2017	$5.09B	+19.4%
Jun 2017	$4.27B	+16.4%
Mar 2017	$3.66B	+10.4%
Dec 2016	$3.32B	+18.1%
Sep 2016	$2.81B	+1.5%
Jun 2016	$2.77B	+2.4%
Mar 2016	$2.70B	-1.5%
Dec 2015	$2.74B	-11.5%
Sep 2015	$3.10B	-4.3%
Jun 2015	$3.24B	-8.4%
Mar 2015	$3.53B	-4.0%
Dec 2014	$3.68B	+0.9%
Sep 2014	$3.65B	-8.2%
Jun 2014	$3.97B	-2.0%
Mar 2014	$4.05B	-4.1%
Dec 2013	$4.22B	-10.6%
Sep 2013	$4.72B	-7.5%
Jun 2013	$5.11B	-7.6%
Mar 2013	$5.53B	-6.7%
Dec 2012	$5.92B	-1.8%
Sep 2012	$6.03B	-1.2%
Jun 2012	$6.11B	-8.2%
Mar 2012	$6.65B	-3.7%
Dec 2011	$6.90B	-3.9%
Sep 2011	$7.18B	-2.0%
Jun 2011	$7.33B	+6.1%

Month	Value	Change
Mar 2011	$6.91B	+7.6%
Dec 2010	$6.42B	+6.7%
Sep 2010	$6.02B	+4.3%
Jun 2010	$5.77B	-5.4%
Mar 2010	$6.10B	-13.3%
Dec 2009	$7.03B	-40.1%
Sep 2009	$11.75B	-37.8%
Jun 2009	$18.89B	-30.0%
Mar 2009	$26.97B	-28.1%
Nov 2008	$37.52B	-19.6%
Aug 2008	$46.69B	-9.0%
May 2008	$51.31B	-10.5%
Feb 2008	$57.30B	-1.1%
Nov 2007	$57.93B	+9.0%
Aug 2007	$53.14B	+2.8%
May 2007	$51.70B	+13.2%
Feb 2007	$45.68B	+9.6%
Nov 2006	$41.68B	+5.4%
Aug 2006	$39.56B	+17.4%
May 2006	$33.71B	+15.0%
Feb 2006	$29.32B	+19.7%
Nov 2005	$24.50B	+16.9%
Aug 2005	$20.96B	+9.6%
May 2005	$19.12B	+16.1%
Feb 2005	$16.47B	+11.1%
Nov 2004	$14.83B	+7.4%
Aug 2004	$13.81B	+6.0%
May 2004	$13.03B	-0.8%
Feb 2004	$13.14B	+2.6%
Nov 2003	$12.81B	+5.7%
Aug 2003	$12.12B	+1.5%
May 2003	$11.94B	+1.8%
Feb 2003	$11.72B	-2.1%
Nov 2002	$11.97B	-2.5%
Aug 2002	$12.27B	-12.1%
May 2002	$13.97B	-20.4%
Feb 2002	$17.54B	-15.6%
Nov 2001	$20.78B	-5.8%
Aug 2001	$22.06B	-1.6%
May 2001	$22.42B	+9.8%
Feb 2001	$20.42B	+12.1%
Nov 2000	$18.22B	+24.6%
Aug 2000	$14.63B	+7.3%
May 2000	$13.64B	+9.1%
Feb 2000	$12.49B	+9.7%
Nov 1999	$11.39B	-17.7%
Aug 1999	$13.84B	+6.7%
May 1999	$12.97B	-2.1%
Feb 1999	$13.25B	-2.0%
Nov 1998	$13.51B	+4.5%
Aug 1998	$12.93B	+5.0%
May 1998	$12.32B	+9.6%
Feb 1998	$11.24B	+32.1%
Nov 1997	$8.51B	+40.4%
Aug 1997	$6.06B	+64.4%
May 1997	$3.69B	+131.9%
Mar 1997	$1.59B	+1.5%
Dec 1996	$1.57B	+34.9%
Sep 1996	$1.16B	+50.7%
Jun 1996	$770.40M	+97.2%
Mar 1996	$390.70M	-

FAQ

What is the current TTM interest expense of MS?: As of today, MS TTM interest expense is $50.73B
What is MS TTM interest expense most recent change?: MS TTM interest expense was down -0.05% on September 30, 2026
What is 1-year change in MS TTM interest expense?: MS TTM interest expense is up +6.00% year-over-year
How far is MS TTM interest expense from its all-time high?: MS TTM interest expense is currently -12.42% below its historical high of $57.93B set on November 30, 2007
How does MS TTM interest expense rank versus sector peers?: MS TTM interest expense is higher than 99.52% of companies in Financial Services sector
When is MS next earnings release?: The next earnings release for MS is on January 14, 2027

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

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