MORGAN STANLEY
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $70.6B | $61.8B | $54.1B | $53.7B | $59.8B |
| Cash from operations | -$17.9B | $1.4B | -$33.5B | -$6.4B | $34.0B |
| Share repurchases | $4.6B | $3.2B | $5.3B | $9.9B | $11.5B |
| Impairments | $0 | $0 | $0 | $0 | $0 |
| Total assets | $1.4T | $1.2T | $1.2T | $1.2T | $1.2T |
| Total liabilities | $1.3T | $1.1T | $1.1T | $1.1T | $1.1T |
| Total debt | $348.9B | $288.8B | $263.7B | $238.1B | $233.1B |
Shares outstanding 1.6B · Free float 100.0%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.