What is the current annual operating profit of MS?

As of today, MS annual operating profit is $21.79B

What is 1-year change in MS annual operating profit?

MS annual operating profit is up +25.19% year-over-year

What is 3-year change in MS annual operating profit?

MS annual operating profit is up +54.89% over the past 3 years

How far is MS annual operating profit from its all-time high?

MS annual operating profit is currently at its all-time high

How does MS annual operating profit rank versus sector peers?

MS annual operating profit is higher than 99.40% 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 operating profit of MS?

As of today, MS quarterly operating profit is $6.48B

What is MS quarterly operating profit most recent change?

MS quarterly operating profit was down -10.86% on September 30, 2026

What is 1-year change in MS quarterly operating profit?

MS quarterly operating profit is up +8.56% year-over-year

How far is MS quarterly operating profit from its all-time high?

MS quarterly operating profit is currently -43.44% below its historical high of $11.45B set on December 31, 2015

How does MS quarterly operating profit rank versus sector peers?

MS quarterly operating profit is higher than 99.28% 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 operating profit of MS?

As of today, MS TTM operating profit is $26.40B

What is MS TTM operating profit most recent change?

MS TTM operating profit was up +1.97% on September 30, 2026

What is 1-year change in MS TTM operating profit?

MS TTM operating profit is up +53.63% year-over-year

How far is MS TTM operating profit from its all-time high?

MS TTM operating profit is currently at its all-time high

How does MS TTM operating profit rank versus sector peers?

MS TTM operating profit is higher than 99.36% 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) Operating Income History & Chart

Annual Operating Profit

$21.79B$4.38B+25.19%

December 31, 2025

Summary

Current Value: As of today, MS annual operating profit is $21.79B, up +25.19% on December 31, 2025
Historical Performance: MS annual operating profit is up +54.89% over the past 3 years, up +47.78% over the past 5 years
All-Time High Comparison: MS annual operating profit is currently at its all-time high
3-Year Low Comparison: MS annual operating profit is +85.72% above its 3-year low of $11.73B reached on December 31, 2023
Sector Comparison: MS annual operating profit is higher than 99.40% of companies in Financial Services sector

Operating Profit Chart

beforeafter

Performance

MS Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Profit	Dec 31, 25	$21.79B	+25.2%	+54.9%	+47.8%	+272.3%
Quarterly Operating Profit	Sep 30, 26	$6.48B	+8.6%	+107.1%	+33.3%	+75.4%
TTM Operating Profit	Sep 30, 26	$26.40B	+53.6%	+112.4%	+37.5%	+191.0%
Price	Oct 23, 26	$179.49	+12.7%	+150.3%	+76.3%	+954.6%
PE Ratio	Oct 23, 26	14.24	-12.9%	+10.8%	+9.5%	+40.6%
Annual Revenue	Dec 31, 25	$119.72B	+11.5%	+81.4%	+129.8%	+219.8%
Annual EPS	Dec 31, 25	$10.21	+28.5%	+65.9%	+57.9%	+288.3%
Annual Gross Profit	Dec 31, 25	$0.00	0.0%	0.0%	0.0%	0.0%
Annual Operating Expenses	Dec 31, 25	-$21.79B	-25.2%	-54.9%	-47.8%	-272.3%

Operating Profit Highs

MS Annual Operating Profit Highs Comparison
Period	High	Date	Current
3Y	$21.79B	Dec 31, 25	at high
5Y	$21.79B	Dec 31, 25	at high
All	$21.79B	Dec 31, 25	at high

Operating Profit Lows

MS Annual Operating Profit Lows Comparison
Period	Low	Date	Current
3Y	$11.73B	Dec 31, 23	+85.7%
5Y	$11.73B	Dec 31, 23	+85.7%
All	-$1.14B	Dec 31, 89	+2015.3%

Operating Profit History

Year	Value	Change
2025	$21.79B	+25.2%
2024	$17.41B	+48.4%
2023	$11.73B	-16.6%
2022	$14.07B	-28.3%
2021	$19.61B	+33.0%
2020	$14.74B	+26.6%
2019	$11.65B	+2.5%
2018	$11.36B	+5.7%
2017	$10.75B	+16.3%
2016	$9.25B	+9.7%
2015	$8.43B	+157.3%
2014	$3.28B	-11.8%
2013	$3.71B	+557.3%
2012	$565.00M	-92.7%
2011	$7.77B	+32.7%
2010	$5.85B	+462.2%
2009	$1.04B	-55.5%
2008	$2.34B	-31.1%
2007	$3.39B	-62.7%

Year	Value	Change
2006	$9.10B	+28.0%
2005	$7.11B	+4.3%
2004	$6.82B	+12.0%
2003	$6.09B	+22.9%
2002	$4.96B	-14.1%
2001	$5.77B	-32.0%
2000	$8.49B	+9.9%
1999	$7.73B	+64.4%
1998	$4.70B	+8.1%
1997	$4.35B	+181.4%
1996	$1.55B	+136.9%
1995	$652.20M	-2.1%
1994	$666.20M	+23.7%
1993	$538.60M	+188.5%
1992	$186.70M	+82.7%
1991	$102.20M	+109.7%
1990	-$1.06B	+7.1%
1989	-$1.14B	-

FAQ

What is the current annual operating profit of MS?: As of today, MS annual operating profit is $21.79B
What is 1-year change in MS annual operating profit?: MS annual operating profit is up +25.19% year-over-year
What is 3-year change in MS annual operating profit?: MS annual operating profit is up +54.89% over the past 3 years
How far is MS annual operating profit from its all-time high?: MS annual operating profit is currently at its all-time high
How does MS annual operating profit rank versus sector peers?: MS annual operating profit is higher than 99.40% 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

Operating Profit Formula

Operating Profit = Gross Profit − Operating Expenses

Quarterly Operating Profit

$6.48B$789.00M-10.86%

September 30, 2026

Summary

Current Value: As of today, MS quarterly operating profit is $6.48B, down -10.86% on September 30, 2026
Historical Performance: MS quarterly operating profit is up +8.56% year-over-year, up +107.10% over the past 3 years
All-Time High Comparison: MS quarterly operating profit is currently -43.44% below its historical high of $11.45B set on December 31, 2015
3-Year Low Comparison: MS quarterly operating profit is +635.81% above its 3-year low of -$1.21B reached on December 31, 2023
Sector Comparison: MS quarterly operating profit is higher than 99.28% of companies in Financial Services sector

Performance

MS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Profit	Sep 30, 26	$6.48B	-10.9%	+8.6%	+107.1%	+33.3%
Annual Operating Profit	Dec 31, 25	$21.79B	–	+25.2%	+54.9%	+47.8%
TTM Operating Profit	Sep 30, 26	$26.40B	+2.0%	+53.6%	+112.4%	+37.5%
Price	Oct 23, 26	$179.49	-16.6%	+12.7%	+150.3%	+76.3%
PE Ratio	Oct 23, 26	14.24	-18.1%	-12.9%	+10.8%	+9.5%
Quarterly Revenue	Sep 30, 26	$33.28B	-3.7%	+6.6%	+41.6%	+121.1%
Quarterly EPS	Sep 30, 26	$3.03	-12.5%	+8.3%	+120.1%	+53.2%
Quarterly Gross Profit	Sep 30, 26	$0.00	0.0%	0.0%	0.0%	0.0%
Quarterly Operating Expenses	Sep 30, 26	-$6.48B	+10.9%	-8.6%	-107.1%	-33.3%

Quarterly Operating Profit Highs

MS Quarterly Operating Profit Highs Comparison
Period	High	Date	Current
1Y	$7.27B	Jun 30, 26	-10.9%
3Y	$7.27B	Jun 30, 26	-10.9%
5Y	$7.27B	Jun 30, 26	-10.9%
All	$11.45B	Dec 31, 15	-43.4%

Quarterly Operating Profit Lows

MS Quarterly Operating Profit Lows Comparison
Period	Low	Date	Current
1Y	$5.73B	Dec 31, 25	+13.0%
3Y	-$1.21B	Dec 31, 23	+635.8%
5Y	-$1.21B	Dec 31, 23	+635.8%
All	-$5.85B	Nov 30, 07	+210.7%

Quarterly Operating Profit History

Month	Value	Change
Sep 2026	$6.48B	-10.9%
Jun 2026	$7.27B	+4.9%
Mar 2026	$6.93B	+20.8%
Dec 2025	$5.73B	-4.0%
Sep 2025	$5.97B	+29.6%
Jun 2025	$4.60B	-16.1%
Mar 2025	$5.49B	+386.4%
Dec 2024	$1.13B	-72.9%
Sep 2024	$4.16B	+3.3%
Jun 2024	$4.02B	-7.3%
Mar 2024	$4.34B	+458.9%
Dec 2023	-$1.21B	-138.7%
Sep 2023	$3.13B	+13.7%
Jun 2023	$2.75B	-26.4%
Mar 2023	$3.74B	+32.9%
Dec 2022	$2.81B	-16.5%
Sep 2022	$3.37B	+2.0%
Jun 2022	$3.30B	-27.9%
Mar 2022	$4.58B	-3.6%
Dec 2021	$4.75B	-2.2%
Sep 2021	$4.86B	+7.6%
Jun 2021	$4.52B	-16.0%
Mar 2021	$5.38B	+21.2%
Dec 2020	$4.44B	+26.6%
Sep 2020	$3.51B	-20.6%
Jun 2020	$4.42B	+108.4%
Mar 2020	$2.12B	-25.8%
Dec 2019	$2.86B	+5.9%
Sep 2019	$2.70B	-7.1%
Jun 2019	$2.91B	-4.0%
Mar 2019	$3.03B	+57.1%
Dec 2018	$1.93B	-31.6%
Sep 2018	$2.82B	-8.2%
Jun 2018	$3.07B	-7.7%
Mar 2018	$3.32B	+22.9%
Dec 2017	$2.70B	+10.5%
Sep 2017	$2.45B	-7.0%
Jun 2017	$2.63B	-4.6%
Mar 2017	$2.76B	+20.0%
Dec 2016	$2.30B	-5.2%
Sep 2016	$2.42B	-3.2%
Jun 2016	$2.50B	+44.9%
Mar 2016	$1.73B	-84.9%
Dec 2015	$11.45B	+699.2%
Sep 2015	$1.43B	-47.2%
Jun 2015	$2.71B	-3.7%
Mar 2015	$2.82B	+192.6%
Dec 2014	-$3.04B	-240.8%
Sep 2014	$2.16B	+12.6%
Jun 2014	$1.92B	-13.2%
Mar 2014	$2.21B	+1,277.1%
Dec 2013	-$188.00M	-113.8%
Sep 2013	$1.37B	-24.5%
Jun 2013	$1.81B	+29.7%
Mar 2013	$1.40B	+77.0%
Dec 2012	$788.00M	+158.6%
Sep 2012	-$1.35B	-243.1%
Jun 2012	$940.00M	+345.5%
Mar 2012	$211.00M	-82.4%
Dec 2011	$1.20B	-67.6%
Sep 2011	$3.69B	+87.5%
Jun 2011	$1.97B	-11.2%

Month	Value	Change
Mar 2011	$2.22B	+86.5%
Dec 2010	$1.19B	+48.8%
Sep 2010	$800.00M	-53.0%
Jun 2010	$1.70B	-32.6%
Mar 2010	$2.53B	+211.7%
Dec 2009	$810.00M	-46.2%
Sep 2009	$1.51B	+408.0%
Jun 2009	-$489.00M	+19.4%
Mar 2009	-$607.00M	+81.7%
Nov 2008	-$3.32B	-270.5%
Aug 2008	$1.95B	+34.7%
May 2008	$1.45B	-34.7%
Feb 2008	$2.21B	+137.8%
Nov 2007	-$5.85B	-358.3%
Aug 2007	$2.27B	-41.5%
May 2007	$3.87B	+0.3%
Feb 2007	$3.86B	+45.9%
Nov 2006	$2.65B	-0.7%
Aug 2006	$2.67B	-16.0%
May 2006	$3.18B	+197.4%
Feb 2006	$1.07B	-49.9%
Nov 2005	$2.13B	+22.3%
Aug 2005	$1.74B	+25.3%
May 2005	$1.39B	-24.4%
Feb 2005	$1.84B	+8.8%
Nov 2004	$1.69B	+31.8%
Aug 2004	$1.28B	-28.9%
May 2004	$1.80B	-5.9%
Feb 2004	$1.92B	+23.7%
Nov 2003	$1.55B	-17.5%
Aug 2003	$1.88B	+56.2%
May 2003	$1.20B	-17.8%
Feb 2003	$1.46B	+1.4%
Nov 2002	$1.44B	+45.2%
Aug 2002	$993.00M	-20.4%
May 2002	$1.25B	-7.4%
Feb 2002	$1.35B	-7.4%
Nov 2001	$1.46B	+25.6%
Aug 2001	$1.16B	-21.0%
May 2001	$1.47B	-13.5%
Feb 2001	$1.69B	-10.4%
Nov 2000	$1.89B	+0.7%
Aug 2000	$1.88B	-18.3%
May 2000	$2.30B	-5.6%
Feb 2000	$2.43B	-7.7%
Nov 1999	$2.64B	+68.6%
Aug 1999	$1.56B	-15.9%
May 1999	$1.86B	+11.1%
Feb 1999	$1.67B	+32.6%
Nov 1998	$1.26B	+33.6%
Aug 1998	$944.00M	-32.6%
May 1998	$1.40B	+23.6%
Feb 1998	$1.13B	-16.5%
Nov 1997	$1.36B	+22.7%
Aug 1997	$1.11B	+15.6%
May 1997	$957.00M	+110.6%
Mar 1997	$454.50M	+25.0%
Dec 1996	$363.60M	-7.5%
Sep 1996	$393.00M	+1.3%
Jun 1996	$388.10M	-3.1%
Mar 1996	$400.40M	-

FAQ

What is the current quarterly operating profit of MS?: As of today, MS quarterly operating profit is $6.48B
What is MS quarterly operating profit most recent change?: MS quarterly operating profit was down -10.86% on September 30, 2026
What is 1-year change in MS quarterly operating profit?: MS quarterly operating profit is up +8.56% year-over-year
How far is MS quarterly operating profit from its all-time high?: MS quarterly operating profit is currently -43.44% below its historical high of $11.45B set on December 31, 2015
How does MS quarterly operating profit rank versus sector peers?: MS quarterly operating profit is higher than 99.28% of companies in Financial Services sector
When is MS next earnings release?: The next earnings release for MS is on January 14, 2027

Operating Profit Formula

Operating Profit = Gross Profit − Operating Expenses

TTM Operating Profit

$26.40B$511.00M+1.97%

September 30, 2026

Summary

Current Value: As of today, MS TTM operating profit is $26.40B, up +1.97% on September 30, 2026
Historical Performance: MS TTM operating profit is up +53.63% year-over-year, up +112.38% over the past 3 years
All-Time High Comparison: MS TTM operating profit is currently at its all-time high
3-Year Low Comparison: MS TTM operating profit is +213.96% above its 3-year low of $8.41B reached on December 31, 2023
Sector Comparison: MS TTM operating profit is higher than 99.36% of companies in Financial Services sector

Performance

MS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Operating Profit	Sep 30, 26	$26.40B	+2.0%	+53.6%	+112.4%	+37.5%
Annual Operating Profit	Dec 31, 25	$21.79B	–	+25.2%	+54.9%	+47.8%
Quarterly Operating Profit	Sep 30, 26	$6.48B	-10.9%	+8.6%	+107.1%	+33.3%
Price	Oct 23, 26	$179.49	-16.6%	+12.7%	+150.3%	+76.3%
PE Ratio	Oct 23, 26	14.24	-18.1%	-12.9%	+10.8%	+9.5%
TTM Revenue	Sep 30, 26	$130.90B	+1.6%	+15.8%	+48.6%	+116.8%
TTM EPS	Sep 30, 26	$12.61	+1.9%	+29.4%	+125.9%	+61.0%
TTM Gross Profit	Sep 30, 26	$0.00	0.0%	0.0%	0.0%	0.0%
Quarterly Operating Expenses	Sep 30, 26	-$6.48B	+10.9%	-8.6%	-107.1%	-33.3%

TTM Operating Profit Highs

MS TTM Operating Profit Highs Comparison
Period	High	Date	Current
1Y	$26.40B	Sep 30, 26	at high
3Y	$26.40B	Sep 30, 26	at high
5Y	$26.40B	Sep 30, 26	at high
All	$26.40B	Sep 30, 26	at high

TTM Operating Profit Lows

MS TTM Operating Profit Lows Comparison
Period	Low	Date	Current
1Y	$17.19B	N/A	+53.6%
3Y	$8.41B	Dec 31, 23	+214.0%
5Y	$8.41B	Dec 31, 23	+214.0%
All	-$2.91B	Sep 30, 09	+1006.9%

TTM Operating Profit History

Month	Value	Change
Sep 2026	$26.40B	+2.0%
Jun 2026	$25.89B	+11.5%
Mar 2026	$23.23B	+6.6%
Dec 2025	$21.79B	+26.8%
Sep 2025	$17.19B	+11.8%
Jun 2025	$15.37B	+3.9%
Mar 2025	$14.79B	+8.4%
Dec 2024	$13.65B	+20.7%
Sep 2024	$11.31B	+10.0%
Jun 2024	$10.28B	+14.1%
Mar 2024	$9.01B	+7.1%
Dec 2023	$8.41B	-32.4%
Sep 2023	$12.43B	-1.9%
Jun 2023	$12.67B	-4.2%
Mar 2023	$13.22B	-6.0%
Dec 2022	$14.07B	-12.1%
Sep 2022	$16.01B	-8.5%
Jun 2022	$17.50B	-6.5%
Mar 2022	$18.72B	-4.1%
Dec 2021	$19.51B	+1.6%
Sep 2021	$19.20B	+7.6%
Jun 2021	$17.85B	+0.6%
Mar 2021	$17.75B	+22.5%
Dec 2020	$14.49B	+12.3%
Sep 2020	$12.90B	+6.7%
Jun 2020	$12.09B	+14.3%
Mar 2020	$10.58B	-7.9%
Dec 2019	$11.49B	+8.8%
Sep 2019	$10.56B	-1.1%
Jun 2019	$10.67B	-1.5%
Mar 2019	$10.83B	-2.7%
Dec 2018	$11.13B	-6.5%
Sep 2018	$11.91B	+3.2%
Jun 2018	$11.54B	+3.9%
Mar 2018	$11.10B	+5.4%
Dec 2017	$10.53B	+4.0%
Sep 2017	$10.13B	+0.2%
Jun 2017	$10.10B	+1.3%
Mar 2017	$9.98B	+11.5%
Dec 2016	$8.95B	-50.6%
Sep 2016	$18.11B	+5.8%
Jun 2016	$17.12B	-1.2%
Mar 2016	$17.33B	-5.9%
Dec 2015	$18.42B	+369.7%
Sep 2015	$3.92B	-15.7%
Jun 2015	$4.65B	+20.6%
Mar 2015	$3.86B	+18.6%
Dec 2014	$3.25B	-46.7%
Sep 2014	$6.11B	+15.0%
Jun 2014	$5.31B	+2.1%
Mar 2014	$5.20B	+18.7%
Dec 2013	$4.38B	-18.2%
Sep 2013	$5.36B	+102.4%
Jun 2013	$2.65B	+48.9%
Mar 2013	$1.78B	+199.3%
Dec 2012	$594.00M	-40.8%
Sep 2012	$1.00B	-83.4%
Jun 2012	$6.04B	-14.6%
Mar 2012	$7.07B	-22.1%
Dec 2011	$9.08B	+0.1%
Sep 2011	$9.07B	+46.8%
Jun 2011	$6.18B	+4.5%

Month	Value	Change
Mar 2011	$5.91B	-4.9%
Dec 2010	$6.22B	+6.5%
Sep 2010	$5.84B	-10.8%
Jun 2010	$6.54B	+50.4%
Mar 2010	$4.35B	+256.7%
Dec 2009	$1.22B	+141.9%
Sep 2009	-$2.91B	-17.9%
Jun 2009	-$2.47B	-362.4%
Mar 2009	-$534.00M	-123.3%
Nov 2008	$2.29B	+1,041.2%
Aug 2008	-$243.00M	-428.4%
May 2008	$74.00M	-97.0%
Feb 2008	$2.50B	-39.7%
Nov 2007	$4.15B	-67.2%
Aug 2007	$12.65B	-3.1%
May 2007	$13.05B	+5.6%
Feb 2007	$12.36B	+29.2%
Nov 2006	$9.56B	+5.7%
Aug 2006	$9.04B	+11.4%
May 2006	$8.12B	+28.2%
Feb 2006	$6.33B	-10.8%
Nov 2005	$7.10B	+6.6%
Aug 2005	$6.66B	+7.4%
May 2005	$6.20B	-6.2%
Feb 2005	$6.61B	-1.2%
Nov 2004	$6.69B	+2.2%
Aug 2004	$6.55B	-8.3%
May 2004	$7.14B	+9.2%
Feb 2004	$6.54B	+7.5%
Nov 2003	$6.09B	+1.8%
Aug 2003	$5.98B	+17.3%
May 2003	$5.10B	-0.9%
Feb 2003	$5.14B	+2.3%
Nov 2002	$5.03B	-0.3%
Aug 2002	$5.04B	-3.2%
May 2002	$5.21B	-4.0%
Feb 2002	$5.43B	-6.0%
Nov 2001	$5.77B	-7.0%
Aug 2001	$6.21B	-10.4%
May 2001	$6.92B	-10.7%
Feb 2001	$7.75B	-8.7%
Nov 2000	$8.49B	-8.1%
Aug 2000	$9.24B	+3.5%
May 2000	$8.93B	+5.1%
Feb 2000	$8.49B	+9.8%
Nov 1999	$7.73B	+21.6%
Aug 1999	$6.35B	+10.8%
May 1999	$5.74B	+8.7%
Feb 1999	$5.28B	+11.4%
Nov 1998	$4.74B	-2.0%
Aug 1998	$4.83B	-3.2%
May 1998	$5.00B	+9.7%
Feb 1998	$4.55B	+17.5%
Nov 1997	$3.87B	+34.5%
Aug 1997	$2.88B	+32.9%
May 1997	$2.17B	+35.6%
Mar 1997	$1.60B	+3.5%
Dec 1996	$1.55B	+30.8%
Sep 1996	$1.18B	+49.8%
Jun 1996	$788.50M	+96.9%
Mar 1996	$400.40M	-

FAQ

What is the current TTM operating profit of MS?: As of today, MS TTM operating profit is $26.40B
What is MS TTM operating profit most recent change?: MS TTM operating profit was up +1.97% on September 30, 2026
What is 1-year change in MS TTM operating profit?: MS TTM operating profit is up +53.63% year-over-year
How far is MS TTM operating profit from its all-time high?: MS TTM operating profit is currently at its all-time high
How does MS TTM operating profit rank versus sector peers?: MS TTM operating profit is higher than 99.36% of companies in Financial Services sector
When is MS next earnings release?: The next earnings release for MS is on January 14, 2027

Operating Profit Formula

Operating Profit = Gross Profit − Operating Expenses

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