MORGAN STANLEY — Income Charts
8 quarters of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Revenue, Gross Profit, Operating Income & Net Income
Margin (%)
Operating Expenses
Income Breakdown
Revenue↑+10.8% +$1.46B
$14.95B
D&A↓-30.8% -$507M
$1.14B
EBITDA↓-30.8% -$507M
$1.14B
Interest Expense
$11.13B
Interest Income↓-0.5% -$7M
$1.34B
Pretax Income↑+17.4% +$854M
$5.76B
Tax Provision↑+13.0% +$154M
$1.34B
Net Income↑+18.4% +$683M
$4.40B
Net Margin↑+1.9pts
29.4%
Effective Tax Rate↓-0.9pts
23.2%
ETR (Continuing Operations)↓-0.6pts
22.5%
ETR Federal Statutory↑+0.0pts
21.0%
ETR State + Local (pp)↓-0.1pts
2.0%
ETR Foreign Differential (pp)
1.8%
Operating Lease Cost↓-20.6% -$86M
$332M
Pension Net Periodic Cost
—
Revenue YoY Variation↓-29.3pts
10.8%
Revenue QoQ Variation↑+1.6pts
-3.2%