What is the current annual payout ratio of MS?

As of today, MS annual payout ratio is 38.73%

What is 1-year change in MS annual payout ratio?

MS annual payout ratio is down -14.64% year-over-year

What is 3-year change in MS annual payout ratio?

MS annual payout ratio is down -19.83% over the past 3 years

How far is MS annual payout ratio from its all-time high?

MS annual payout ratio is currently -70.62% below its historical high of 131.81% set on December 31, 2009

How does MS annual payout ratio rank versus sector peers?

MS annual payout ratio is higher than 69.84% 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 TTM payout ratio of MS?

As of today, MS TTM payout ratio is 32.92%

What is MS TTM payout ratio most recent change?

MS TTM payout ratio remained unchanged on October 26, 2026

What is 1-year change in MS TTM payout ratio?

MS TTM payout ratio is down -15.05% year-over-year

How far is MS TTM payout ratio from its all-time high?

MS TTM payout ratio is currently -96.65% below its historical high of 981.82% set on August 29, 2008

How does MS TTM payout ratio rank versus sector peers?

MS TTM payout ratio is higher than 85.24% of companies in Financial Services sector

When is MS next earnings release?

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

When is MS next earnings release?

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

Morgan Stanley (MS) Payout Ratio History & Chart Since 1989

Annual Payout Ratio

38.73%6.64%-14.64%

December 31, 2025

Summary

Current Value: As of today, MS annual payout ratio is 38.73%, down -14.64% on December 31, 2025
Historical Performance: MS annual payout ratio is down -19.83% over the past 3 years, up +58.08% over the past 5 years
All-Time High Comparison: MS annual payout ratio is currently -70.62% below its historical high of 131.81% set on December 31, 2009
3-Year Low Comparison: MS annual payout ratio is at its 3-year low
Sector Comparison: MS annual payout ratio is higher than 69.84% of companies in Financial Services sector

Payout Ratio Chart

Performance

MS Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Payout Ratio	Dec 31, 25	38.73%	-14.6%	-19.8%	+58.1%	+75.9%
Quarterly Payout Ratio	Sep 30, 26	-	–	–	–	–
TTM Payout Ratio	Oct 26, 26	32.92%	-15.1%	-42.1%	+47.4%	+176.6%
Price	Oct 26, 26	$183.49	+12.0%	+154.6%	+77.3%	+1002.7%
Annual Dividend Yield	Oct 26, 26	2.10%	-3.2%	-48.7%	+55.6%	+75.0%
Annual Dividends Paid	Dec 31, 25	$6.59B	+7.4%	+22.1%	+140.7%	+470.3%
Annual Dividend	Dec 31, 25	$3.85	+8.4%	+30.5%	+175.0%	+1825.0%
Annual Free Cash Flow	Dec 31, 25	$46.10B	+439.3%	+93.8%	+1256.8%	+504.3%
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%

Payout Ratio Highs

MS Annual Payout Ratio Highs Comparison
Period	High	Date	Current
3Y	62.44%	Dec 31, 23	-38.0%
5Y	62.44%	Dec 31, 23	-38.0%
All	131.81%	Dec 31, 09	-70.6%

Payout Ratio Lows

MS Annual Payout Ratio Lows Comparison
Period	Low	Date	Current
3Y	38.73%	Dec 31, 25	at low
5Y	24.50%	N/A	+58.1%
All	10.95%	Dec 31, 94	+253.7%

Payout Ratio History

Year	Value	Change
2025	38.73%	-14.6%
2024	45.37%	-27.3%
2023	62.44%	+29.2%
2022	48.31%	+75.1%
2021	27.59%	+12.6%
2020	24.50%	-13.9%
2019	28.44%	+6.4%
2018	26.72%	-20.1%
2017	33.44%	+17.2%
2016	28.53%	+23.3%
2015	23.13%	-5.9%
2014	24.59%	+89.0%
2013	13.01%	-79.1%
2012	62.12%	+247.4%
2011	17.88%	-18.8%
2010	22.02%	-83.3%
2009	131.81%	+91.8%
2008	68.74%	+44.5%
2007	47.56%	+158.2%

Year	Value	Change
2006	18.42%	-19.0%
2005	22.73%	-3.9%
2004	23.65%	-6.2%
2003	25.22%	-22.4%
2002	32.52%	+12.9%
2001	28.81%	+70.1%
2000	16.94%	+41.2%
1999	12.00%	-21.6%
1998	15.30%	-4.9%
1997	16.09%	+14.3%
1996	14.08%	+17.8%
1995	11.95%	+9.1%
1994	10.95%	-90.4%
1993	114.36%	+210.3%
1992	36.86%	+9.7%
1991	33.60%	+30.7%
1990	25.70%	+106.9%
1989	12.42%	-

FAQ

What is the current annual payout ratio of MS?: As of today, MS annual payout ratio is 38.73%
What is 1-year change in MS annual payout ratio?: MS annual payout ratio is down -14.64% year-over-year
What is 3-year change in MS annual payout ratio?: MS annual payout ratio is down -19.83% over the past 3 years
How far is MS annual payout ratio from its all-time high?: MS annual payout ratio is currently -70.62% below its historical high of 131.81% set on December 31, 2009
How does MS annual payout ratio rank versus sector peers?: MS annual payout ratio is higher than 69.84% 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

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

TTM Payout Ratio

32.92%0.00%0.00%

81 min ago

Summary

Current Value: As of today, MS TTM payout ratio is 32.92%, unchanged on October 26, 2026
Historical Performance: MS TTM payout ratio is down -15.05% year-over-year, down -42.12% over the past 3 years
All-Time High Comparison: MS TTM payout ratio is currently -96.65% below its historical high of 981.82% set on August 29, 2008
3-Year Low Comparison: MS TTM payout ratio is +1.86% above its 3-year low of 32.32% reached on June 30, 2026
Sector Comparison: MS TTM payout ratio is higher than 85.24% of companies in Financial Services sector

Performance

MS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Payout Ratio	Oct 26, 26	32.92%	+1.9%	-15.1%	-42.1%	+47.4%
Quarterly Payout Ratio	Sep 30, 26	-	–	–	–	–
Annual Payout Ratio	Dec 31, 25	38.73%	–	-14.6%	-19.8%	+58.1%
Price	Oct 26, 26	$183.49	-14.4%	+12.0%	+154.6%	+77.3%
TTM Dividend Yield	Oct 26, 26	2.26%	+21.5%	-1.7%	-48.8%	+33.7%
TTM Dividends Paid	Sep 30, 26	-	–	–	–	–
TTM Dividend	Oct 26, 26	$4.15	+3.8%	+9.9%	+30.7%	+137.1%
TTM Free Cash Flow	Sep 30, 26	-	–	–	–	–
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 Payout Ratio Highs

MS TTM Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	47.52%	Jan 30, 26	-30.7%
3Y	64.27%	Jan 30, 24	-48.8%
5Y	64.27%	Jan 30, 24	-48.8%
All	981.82%	Aug 29, 08	-96.7%

TTM Payout Ratio Lows

MS TTM Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	32.32%	Jun 30, 26	+1.9%
3Y	32.32%	Jun 30, 26	+1.9%
5Y	22.34%	Oct 26, 21	+47.4%
All	-694.44%	Dec 31, 12	+104.7%

TTM Payout Ratio History

Month	Value	Change
Oct 2026	32.92%	+1.9%
Jun 2026	32.32%	-9.1%
Mar 2026	35.55%	-5.8%
Dec 2025	37.72%	-2.7%
Sep 2025	38.75%	-7.6%
Jun 2025	41.92%	-1.4%
Mar 2025	42.53%	-4.8%
Dec 2024	44.68%	-15.4%
Sep 2024	52.82%	-5.6%
Jun 2024	55.98%	-7.6%
Mar 2024	60.58%	-3.6%
Dec 2023	62.82%	+10.4%
Sep 2023	56.88%	+4.1%
Jun 2023	54.63%	+5.1%
Mar 2023	51.97%	+8.1%
Dec 2022	48.09%	+15.2%
Sep 2022	41.74%	+10.2%
Jun 2022	37.86%	+21.5%
Mar 2022	31.17%	+19.2%
Dec 2021	26.15%	+17.1%
Sep 2021	22.34%	+19.8%
Jun 2021	18.64%	+1.4%
Mar 2021	18.38%	-15.5%
Dec 2020	21.74%	-8.0%
Sep 2020	23.62%	-6.6%
Jun 2020	25.29%	-10.0%
Mar 2020	28.09%	+12.1%
Dec 2019	25.06%	-6.1%
Sep 2019	26.68%	+2.0%
Jun 2019	26.16%	+6.0%
Mar 2019	24.69%	+5.9%
Dec 2018	23.31%	-7.1%
Sep 2018	25.10%	-1.0%
Jun 2018	25.36%	-6.2%
Mar 2018	27.04%	-8.1%
Dec 2017	29.43%	+25.0%
Sep 2017	23.55%	+2.7%
Jun 2017	22.93%	+3.1%
Mar 2017	22.24%	-7.1%
Dec 2016	23.94%	-8.0%
Sep 2016	26.02%	-5.8%
Jun 2016	27.63%	+4.5%
Mar 2016	26.43%	+39.3%
Dec 2015	18.98%	-39.2%
Sep 2015	31.24%	+35.1%
Jun 2015	23.13%	+16.8%
Mar 2015	19.80%	-10.8%
Dec 2014	22.20%	+85.3%
Sep 2014	11.98%	+1.9%
Jun 2014	11.76%	-5.2%
Mar 2014	12.40%	-15.6%
Dec 2013	14.70%	+20.2%
Sep 2013	12.23%	-61.3%
Jun 2013	31.57%	-18.4%
Mar 2013	38.68%	+105.6%
Dec 2012	-694.44%	-1,523.3%
Sep 2012	-42.78%	-365.1%
Jun 2012	16.14%	-54.6%
Mar 2012	35.54%	+100.1%
Dec 2011	17.76%	+49.2%
Sep 2011	11.90%	-72.9%
Jun 2011	43.99%	+323.8%
Mar 2011	10.38%	+25.4%
Dec 2010	8.28%	-4.5%
Sep 2010	8.67%	+19.8%
Jun 2010	7.24%	-80.9%
Mar 2010	37.89%	+185.6%
Dec 2009	-44.28%	-145.2%

Month	Value	Change
Sep 2009	-18.06%	+44.5%
Jun 2009	-32.52%	+80.6%
Mar 2009	-167.29%	-312.9%
Nov 2008	78.58%	-92.0%
Aug 2008	981.82%	+109.1%
May 2008	469.57%	+685.6%
Feb 2008	59.77%	+68.7%
Nov 2007	35.42%	+220.5%
Aug 2007	11.05%	+9.0%
May 2007	10.14%	-6.7%
Feb 2007	10.87%	-12.6%
Nov 2006	12.44%	+2.6%
Aug 2006	12.12%	-21.9%
May 2006	15.51%	-17.2%
Feb 2006	18.74%	-4.8%
Nov 2005	19.68%	-25.6%
Aug 2005	26.46%	+21.7%
May 2005	21.74%	+8.2%
Feb 2005	20.10%	-1.2%
Nov 2004	20.34%	-2.2%
Aug 2004	20.80%	+11.7%
May 2004	18.62%	-11.0%
Feb 2004	20.92%	-5.8%
Nov 2003	22.20%	-7.3%
Aug 2003	23.94%	-18.8%
May 2003	29.48%	+6.5%
Feb 2003	27.67%	-2.2%
Nov 2002	28.28%	+4.1%
Aug 2002	27.17%	+3.5%
May 2002	26.24%	+3.4%
Feb 2002	25.37%	+6.0%
Nov 2001	23.94%	+12.4%
Aug 2001	21.29%	+16.6%
May 2001	18.26%	+15.4%
Feb 2001	15.82%	+13.3%
Nov 2000	13.96%	+19.5%
Aug 2000	11.68%	+6.7%
May 2000	10.95%	+7.5%
Feb 2000	10.19%	+4.8%
Nov 1999	9.72%	-5.4%
Aug 1999	10.28%	-3.8%
May 1999	10.69%	-4.2%
Feb 1999	11.16%	-6.1%
Nov 1998	11.88%	-6.8%
Aug 1998	12.74%	-9.0%
May 1998	14.00%	-7.6%
Feb 1998	15.15%	-2.8%
Nov 1997	15.58%	-27.4%
Aug 1997	21.45%	+6.5%
May 1997	20.14%	+0.5%
Mar 1997	20.04%	+1.5%
Dec 1996	19.75%	+17.8%
Sep 1996	16.77%	+4.2%
Jun 1996	16.10%	+7.8%
Mar 1996	14.93%	+13.4%
Dec 1995	13.16%	-1.3%
Sep 1995	13.33%	+2.5%
Jun 1995	13.00%	+3.8%
Mar 1995	12.52%	-2.0%
Dec 1994	12.78%	+36.5%
Sep 1994	9.36%	+4.7%
Jun 1994	8.94%	-0.8%
Mar 1994	9.01%	+28.5%
Dec 1993	7.01%	-37.7%
Sep 1993	11.26%	-21.0%
Jun 1993	14.25%	-9.4%
Mar 1993	15.72%	-

FAQ

What is the current TTM payout ratio of MS?: As of today, MS TTM payout ratio is 32.92%
What is MS TTM payout ratio most recent change?: MS TTM payout ratio remained unchanged on October 26, 2026
What is 1-year change in MS TTM payout ratio?: MS TTM payout ratio is down -15.05% year-over-year
How far is MS TTM payout ratio from its all-time high?: MS TTM payout ratio is currently -96.65% below its historical high of 981.82% set on August 29, 2008
How does MS TTM payout ratio rank versus sector peers?: MS TTM payout ratio is higher than 85.24% of companies in Financial Services sector
When is MS next earnings release?: The next earnings release for MS is on January 14, 2027

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

Quarterly Payout Ratio

N/A

September 30, 2026

Performance

MS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Payout Ratio	Sep 30, 26	-	–	–	–	–
Annual Payout Ratio	Dec 31, 25	38.73%	–	-14.6%	-19.8%	+58.1%
TTM Payout Ratio	Oct 26, 26	32.92%	+1.9%	-15.1%	-42.1%	+47.4%
Price	Oct 26, 26	$183.49	-14.4%	+12.0%	+154.6%	+77.3%
TTM Dividend Yield	Oct 26, 26	2.26%	+21.5%	-1.7%	-48.8%	+33.7%
Quarterly Dividends Paid	Sep 30, 26	-	–	–	–	–
TTM Dividend	Oct 26, 26	$4.15	+3.8%	+9.9%	+30.7%	+137.1%
Quarterly Free Cash Flow	Sep 30, 26	-	–	–	–	–
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 Payout Ratio Highs

MS Quarterly Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	38.16%	Dec 31, 25	N/A
3Y	95.85%	Dec 31, 23	N/A
5Y	95.85%	Dec 31, 23	N/A
All	356.46%	Jun 30, 93	N/A

Quarterly Payout Ratio Lows

MS Quarterly Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	29.67%	Jun 30, 26	N/A
3Y	29.67%	Jun 30, 26	N/A
5Y	29.67%	Jun 30, 26	N/A
All	-280.43%	Mar 31, 09	N/A

Quarterly Payout Ratio History

Month	Value	Change
Jun 2026	29.67%	-2.0%
Mar 2026	30.29%	-20.6%
Dec 2025	38.16%	+4.2%
Sep 2025	36.63%	-17.3%
Jun 2025	44.31%	+19.9%
Mar 2025	36.97%	-13.1%
Dec 2024	42.56%	-13.7%
Sep 2024	49.29%	+4.7%
Jun 2024	47.06%	+8.9%
Mar 2024	43.21%	-54.9%
Dec 2023	95.85%	+55.5%
Sep 2023	61.64%	-0.7%
Jun 2023	62.09%	+33.9%
Mar 2023	46.36%	-23.8%
Dec 2022	60.81%	+15.2%
Sep 2022	52.78%	+2.6%
Jun 2022	51.42%	+45.4%
Mar 2022	35.37%	+0.0%
Dec 2021	35.36%	-2.9%
Sep 2021	36.41%	+71.4%
Jun 2021	21.24%	+17.3%
Mar 2021	18.11%	-15.5%
Dec 2020	21.42%	-13.3%
Sep 2020	24.72%	+25.0%
Jun 2020	19.78%	-48.8%
Mar 2020	38.65%	+63.5%
Dec 2019	23.64%	-21.7%
Sep 2019	30.21%	-9.4%
Jun 2019	33.35%	+24.2%
Mar 2019	26.86%	-28.8%
Dec 2018	37.70%	+20.7%
Sep 2018	31.23%	+49.4%
Jun 2018	20.90%	-5.6%
Mar 2018	22.14%	-72.0%
Dec 2017	79.12%	+132.3%
Sep 2017	34.06%	+38.1%
Jun 2017	24.67%	-3.8%
Mar 2017	25.64%	-1.0%
Dec 2016	25.91%	-18.7%
Sep 2016	31.88%	+48.1%
Jun 2016	21.53%	-42.8%
Mar 2016	37.62%	-1.2%
Dec 2015	38.07%	-5.5%
Sep 2015	40.29%	+87.8%
Jun 2015	21.45%	+70.6%
Mar 2015	12.57%	+178.6%
Dec 2014	-16.00%	-206.0%
Sep 2014	15.10%	+18.5%
Jun 2014	12.74%	+37.4%
Mar 2014	9.27%	-73.3%
Dec 2013	34.72%	+191.8%
Sep 2013	11.90%	+6.0%
Jun 2013	11.23%	+17.7%
Mar 2013	9.54%	-32.7%
Dec 2012	14.18%	+213.9%
Sep 2012	-12.45%	-175.0%
Jun 2012	16.60%	-78.1%
Mar 2012	75.68%	+195.9%
Dec 2011	-78.95%	-1,578.5%
Sep 2011	5.34%	-73.8%
Jun 2011	20.41%	-23.4%
Mar 2011	26.65%	+2.3%
Dec 2010	26.06%	-24.9%
Sep 2010	34.71%	+56.3%
Jun 2010	22.21%	+46.6%
Mar 2010	15.15%	-53.1%
Dec 2009	32.32%	-33.6%
Sep 2009	48.67%	+255.5%
Jun 2009	-31.29%	+88.8%
Mar 2009	-280.43%	-2,029.3%
Nov 2008	-13.17%	-160.7%
Aug 2008	21.68%	-28.7%
May 2008	30.41%	+50.2%

Month	Value	Change
Feb 2008	20.25%	+337.4%
Nov 2007	-8.53%	-141.2%
Aug 2007	20.69%	+76.2%
May 2007	11.74%	-1.5%
Feb 2007	11.92%	-20.1%
Nov 2006	14.91%	-3.5%
Aug 2006	15.45%	+4.5%
May 2006	14.78%	-18.7%
Feb 2006	18.19%	+9.1%
Nov 2005	16.67%	-33.7%
Aug 2005	25.13%	-20.9%
May 2005	31.79%	+42.0%
Feb 2005	22.38%	-1.9%
Nov 2004	22.81%	-28.7%
Aug 2004	31.97%	+42.3%
May 2004	22.47%	+0.8%
Feb 2004	22.30%	-4.4%
Nov 2003	23.32%	+23.3%
Aug 2003	18.92%	-51.4%
May 2003	38.97%	+45.1%
Feb 2003	26.86%	-18.3%
Nov 2002	32.89%	-16.9%
Aug 2002	39.56%	+29.1%
May 2002	30.65%	+6.2%
Feb 2002	28.85%	+1.6%
Nov 2001	28.39%	-21.6%
Aug 2001	36.19%	+27.5%
May 2001	28.39%	+16.0%
Feb 2001	24.47%	+28.5%
Nov 2000	19.04%	+3.1%
Aug 2000	18.46%	+16.5%
May 2000	15.84%	+5.0%
Feb 2000	15.09%	+73.4%
Nov 1999	8.70%	-41.0%
Aug 1999	14.74%	+17.8%
May 1999	12.51%	-11.2%
Feb 1999	14.08%	+39.0%
Nov 1998	10.13%	-49.8%
Aug 1998	20.16%	+31.4%
May 1998	15.34%	-20.9%
Feb 1998	19.39%	+61.9%
Nov 1997	11.98%	-42.0%
Aug 1997	20.65%	-24.6%
May 1997	27.40%	+118.8%
Mar 1997	12.52%	-19.9%
Dec 1996	15.63%	+6.4%
Sep 1996	14.69%	-3.6%
Jun 1996	15.24%	+39.3%
Mar 1996	10.94%	-28.1%
Dec 1995	15.22%	+24.2%
Sep 1995	12.25%	+7.0%
Jun 1995	11.45%	+19.9%
Mar 1995	9.55%	-37.5%
Dec 1994	15.29%	+32.5%
Sep 1994	11.54%	+12.1%
Jun 1994	10.29%	+26.1%
Mar 1994	8.16%	-33.5%
Dec 1993	12.27%	+23.8%
Sep 1993	9.91%	-97.2%
Jun 1993	356.46%	+404.9%
Mar 1993	70.60%	+235.1%
Jan 1993	21.07%	-22.8%
Oct 1992	27.31%	+6.9%
Jul 1992	25.55%	+186.8%
Apr 1992	8.91%	-64.1%
Dec 1991	24.85%	+53.7%
Sep 1991	16.17%	-2.3%
Jun 1991	16.55%	+22.7%
Mar 1991	13.49%	-50.2%
Dec 1990	27.10%	+8.8%
Sep 1990	24.90%	-18.9%
Jun 1990	30.69%	+40.0%
Mar 1990	21.92%	-

FAQ

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

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

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