Morgan Stanley (MS) — Free Cash Flow Yield

Financial Services

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Asia, Europe, the Middle East, and Africa. It operates through Institutional Securities, Wealth Management, and Investment Management segments. The company offers capital raising and financial advisory services, including services related to the underwriting of debt, equity securities, and other products, as well as advice on mergers and acquisitions, restructurings, and project finance. It also provides equity and fixed income products comprising sales, financing, prime brokerage, and market-making services; Asia wealth management; business-related investments services; originating corporate and commercial real estate loans, secured lending facilities, and extending securities-based and other financing; and research activities. In addition, the company offers financial advisor-led brokerage, investment advisory, custody, cash management, and administrative services; self-directed brokerage services; financial and wealth planning services; stock plan administration; securities-based lending, residential real estate loans, and other lending products; banking; and retirement plan services. Further, it provides equity, fixed income, alternatives and solutions, and liquidity and overlay services to benefit/defined contribution plans, foundations, endowments, government entities, sovereign wealth funds, insurance companies, third-party fund sponsors, corporations, and individuals. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.

MetricValue
FCF Yield-6.1%
Financial Services Sector Avg FCF Yield6.6%
Annual Free Cash Flow$-20.8B
Market Cap$341.7B
P/E Ratio17.5x

Morgan Stanley's FCF yield of -6.1% is below the Financial Services sector average (6.6%).

Frequently Asked Questions

What is Morgan Stanley's (MS) free cash flow yield?

Morgan Stanley's (MS) free cash flow yield is -6.1%. That is below the Financial Services sector average (6.6%).

Is MS's free cash flow yield good?

At -6.1%, MS's free cash flow yield is considered weak — yields above 10% are generally excellent, 7–10% good, 4–7% fair, and below 4% weak, though context varies by sector and growth stage.

How much free cash flow does Morgan Stanley generate?

Morgan Stanley generated $-20.8B in free cash flow, against a market cap of $341.7B.

How is free cash flow yield calculated?

Free cash flow yield = (Free Cash Flow ÷ Market Capitalization) × 100%. Free cash flow equals operating cash flow minus capital expenditures.

Data from public filings. Not investment advice. Calculate your own FCF yield →