MORGAN STANLEY (MS) Return on equity 2016–2025
MORGAN STANLEY (MS) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
15.1%FY2025 · since FY2016: 7.9% → 15.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 15.1% | +2.3 pp |
| FY2024 | 12.8% | +3.6 pp |
| FY2023 | 9.2% | -1.8 pp |
| FY2022 | 11.0% | -3.2 pp |
| FY2021 | 14.3% | +3.5 pp |
| FY2020 | 10.8% | -0.3 pp |
| FY2019 | 11.1% | +0.2 pp |
| FY2018 | 10.9% | +3.0 pp |
| FY2017 | 7.9% | +0.0 pp |
| FY2016 | 7.9% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice