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MS Morgan Stanley

Morgan Stanley EV/EBITDA

Data as of August 04, 2026

EV/EBITDA

41.91

Enterprise Value

$1.16T

EBITDA (TTM)

$27.68B

Sector

Financial Services

How It's Calculated

EV/EBITDA = Enterprise Value ÷ EBITDA
41.91 = $1.16T ÷ $27.68B

What This Means

Morgan Stanley's EV/EBITDA of 41.9 is elevated, which can reflect growth expectations, scarce assets, or cyclical EBITDA.

About Morgan Stanley

Morgan Stanley (MS) operates in the Financial Services sector, specifically in Financial Services. With a market capitalization of about $331.89B, it ranks as a mega-cap stock — one of the largest publicly traded companies.

Shares recently traded near $211.23, within a 52-week range of $136.17 to $232.25 (-9.1% from the high, +55.1% from the low). Beta of 1.22 suggests the stock has been more volatile than the broader market.

Trailing profit margin is about 15.7%, signaling a solid profit margin for its industry.

Understanding This Metric

EV/EBITDA is widely used when comparing companies with different debt loads because enterprise value includes net debt while EBITDA approximates operating cash earnings power. For Morgan Stanley, the ratio should be read with growth, capex needs, and cycle position in Financial Services. Pair EV/EBITDA with free cash flow yield and net debt metrics before drawing conclusions — especially when EBITDA is depressed or boosted by one-time items.

Using This Number in Practice

Near 41.91x EV/EBITDA, Morgan Stanley (MS) carries an elevated EV/EBITDA multiple that may embed growth expectations or scarcity within its peer set. Enterprise value of about $1.16T and EBITDA near $27.68B form the ratio — adjust for one-time items before treating the headline multiple as comparable.

Credit and LBO workflows often sort names on EV/EBITDA before drilling into free cash flow and maintenance capex. Pair this view with the EV/EBITDA calculator and the MS metrics hub for related valuation pages.

Sector Comparison

Among Financial Services names on our S&P 100 coverage, Morgan Stanley's EV/EBITDA of 41.91 can be compared with peers such as BRK-B (17.47), V (24.95), MA (25.34). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Financial Services stocks.

Key Takeaways

Related Tools & Guides

Explore calculators and guides connected to this metric, or view all metrics for MS.

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Frequently Asked Questions

What is MS's EV/EBITDA?

EV/EBITDA compares enterprise value to operating earnings before interest, taxes, depreciation, and amortization. Morgan Stanley's ratio is about 41.91 — common for comparing leveraged companies in Financial Services.

Is 41.91 high or low vs peers?

Among Financial Services peers (e.g. GS (62.73), SCHW (32.24), MA (25.34)), MS's 41.91 should be read with growth, capex, and debt levels.

When is EV/EBITDA misleading?

EBITDA ignores capex, working capital, and stock-based comp; negative or tiny EBITDA makes the ratio meaningless. Cross-check with free cash flow and net debt.

Calculate the ev/ebitda for any stock with our free calculator.

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Educational Disclaimer

This page displays publicly available market data for informational purposes only and should not be considered investment advice. Stock data may be delayed. Verify all data independently before making financial decisions.