79/100B181.420
USD
-1.04
(-0.57%)
Post Trading·181.950USD+0.530(+0.29%)
Last updated: · Delayed 15 min
Fair value193.70Plus-6%116Price 181.42269
Q4 FY2026 · Earnings report
EPS estimate 2.93Revenue estimate 20.26B
Q4 FY2026 · Earnings report
EPS estimate 2.93Revenue estimate 20.26B
Morgan Stanley cash flow statement 1989–2026What is a cash flow statement? The cash flow statement shows the cash that came into a company and went out over a period, split into operating, investing and financing activities.
In fiscal year 2025 Morgan Stanley spent 5.84B USD buying back its shares and paid 6.59B USD in dividends: 12.43B USD in all. That is 27% of its free cash flow.
Operating cash flow Free cash flow
Click a line's chart icon in the table to add it to the chart; hover over it for a quick look.
| Fiscal year | TTM 30 Sept 2026 | FY2025 31 Dec 2025 | FY2024 31 Dec 2024 | FY2023 31 Dec 2023 | FY2022 31 Dec 2022 | FY2021 31 Dec 2021 | FY2020 31 Dec 2020 | FY2019 31 Dec 2019 | FY2018 31 Dec 2018 | FY2017 31 Dec 2017 | FY2016 31 Dec 2016 | FY2015 31 Dec 2015 | FY2014 31 Dec 2014 | FY2013 31 Dec 2013 | FY2012 31 Dec 2012 | FY2011 31 Dec 2011 | FY2010 31 Dec 2010 | FY2009 31 Dec 2009 | FY2008 31 Dec 2008 | FY2007 30 Nov 2007 | FY2006 30 Nov 2006 | FY2005 30 Nov 2005 | FY2004 30 Nov 2004 | FY2003 30 Nov 2003 | FY2002 30 Nov 2002 | FY2001 30 Nov 2001 | FY2000 30 Nov 2000 | FY1999 30 Nov 1999 | FY1998 30 Nov 1998 | FY1997 30 Nov 1997 | FY1996 31 Dec 1996 | FY1995 31 Dec 1995 | FY1994 31 Dec 1994 | FY1993 31 Dec 1993 | FY1992 31 Jan 1993 | FY1991 31 Dec 1991 | FY1990 31 Dec 1990 | FY1989 31 Dec 1989 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income | 20.68B | 16.86B | 13.53B | 9.09B | 11.18B | 15.12B | 11.18B | 9.24B | 8.88B | 6.22B | 6.12B | 6.28B | 3.67B | 3.61B | 716.00M | 4.65B | 5.70B | 1.41B | 1.71B | 3.21B | 7.47B | 4.94B | 4.49B | 3.79B | 2.99B | 3.52B | 5.46B | 4.79B | 3.39B | 2.59B | 951.40M | 856.40M | 740.90M | 603.60M | 510.50M | 475.10M | 270.40M | 443.00M |
Depreciation and amortization | 4.17B | 4.66B | 5.16B | 4.26B | 4.00B | 4.22B | 3.77B | 2.64B | 1.84B | 1.75B | 1.74B | 1.43B | 1.16B | 1.51B | 1.58B | 1.40B | 1.42B | 1.22B | 794.00M | 475.00M | 876.00M | 815.00M | 805.00M | 637.00M | 787.00M | 729.00M | 727.00M | 541.00M | 575.00M | 338.00M | 83.30M | 70.00M | 58.80M | 51.30M | 0.00 | 0.00 | 0.00 | 0.00 |
Stock-based compensation | 2.14B | 1.93B | 1.62B | 1.71B | 1.88B | 2.09B | 1.31B | 1.15B | 920.00M | 1.03B | 1.14B | 1.10B | 1.26B | 1.18B | 891.00M | 1.30B | 1.26B | 1.27B | 1.88B | 1.94B | 1.96B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Change in working capital | -43.84B | 24.07B | -19.37B | -49.11B | -23.50B | 12.69B | -42.28B | 27.61B | -4.98B | -16.43B | -8.17B | -6.65B | -4.59B | 29.41B | 21.81B | -1.91B | 32.13B | -48.64B | 73.51B | -26.43B | -72.20B | -6.88B | -31.32B | 2.35B | -10.79B | -29.77B | 54.45B | -5.61B | 8.21B | 5.22B | -62.30M | 169.40M | 1.66B | 340.50M | 170.40M | -6.63B | 5.52B | 902.60M |
Change in receivables | -11.48B | 0.00 | -5.31B | 602.00M | 14.66B | 774.00M | -29.77B | 233.00M | -728.00M | -9.32B | -2.88B | |||||||||||||||||||||||||||
Change in inventory | — | 0.00 | 0.00 | 0.00 | 0.00 | 7.84B | -31.62B | 14.74B | -20.93B | 19.49B | 3.64B | |||||||||||||||||||||||||||
Change in payables | — | 0.00 | 0.00 | -3.63B | -4.90B | 7.76B | 10.19B | 19.94B | -13.06B | 2.01B | 1.80B | |||||||||||||||||||||||||||
Change in other working capital | -57.17B | 24.07B | -14.06B | -46.08B | -33.27B | -3.68B | 8.93B | -7.31B | 29.75B | -28.61B | -10.73B | |||||||||||||||||||||||||||
Other non-cash items | -42.00B | 921.00M | 268.00M | 983.00M | 898.00M | -143.00M | 1.04B | -33.00M | 184.00M | 182.00M | 42.00M | 316.00M | -134.00M | -590.00M | 397.00M | 9.53B | 228.00M | -274.00M | -3.25B | 756.00M | 881.00M | -29.15B | 1.72B | -4.62B | 1.91B | 1.85B | -62.80B | -28.84B | 3.25B | -8.66B | 1.32B | 474.40M | 585.40M | 457.60M | 4.23B | 3.47B | -10.49B | -9.88B |
Operating cash flowWhat is a cash flow statement? The cash flow statement shows the cash that came into a company and went out over a period, split into operating, investing and financing activities. | -58.28B | 49.00B | 1.36B | -33.54B | -6.40B | 33.97B | -25.23B | 40.77B | 7.31B | -4.51B | 2.45B | 3.67B | 1.13B | 35.01B | 24.76B | 15.38B | 40.61B | -45.95B | 73.42B | -22.09B | -60.80B | -31.35B | -24.51B | 2.36B | -5.05B | -24.09B | -2.38B | -29.27B | 15.37B | -588.00M | 2.21B | 1.48B | 2.89B | 1.35B | 4.80B | -2.76B | -4.68B | -8.46B |
Operating cash flow growth | — | +3,497.50% | — | — | -118.83% | — | -161.88% | +458.15% | — | -284.10% | -33.40% | |||||||||||||||||||||||||||
Capital expenditure | — | -2.90B | -3.46B | -3.41B | -3.08B | -2.31B | -1.44B | -1.83B | -1.87B | -1.63B | -1.28B | -1.37B | -992.00M | -1.32B | -1.31B | -1.30B | -1.20B | -2.88B | -1.40B | -1.47B | 0.00 | -540.00M | -569.00M | -603.00M | -1.12B | -2.00B | -836.00M | -656.00M | 0.00 | -301.00M | 0.00 | 0.00 | 0.00 | 0.00 | -66.30M | -211.40M | -165.30M | -70.60M |
Acquisitions | — | 0.00 | 0.00 | 0.00 | 0.00 | -2.65B | 3.81B | -17.36B | -8.79B | -12.13B | -9.60B | 998.00M | 989.00M | 1.15B | 1.73B | 0.00 | 787.00M | -1.60B | 2.13B | -693.00M | -2.71B | -323.00M | -758.00M | 0.00 | 0.00 | -183.00M | -199.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Purchases of investments | 18.30B | -134.02B | -39.19B | -23.08B | -29.83B | -69.57B | -59.78B | -42.59B | -27.80B | -23.96B | -50.91B | -47.29B | -32.62B | -30.56B | -24.48B | -20.60B | -29.99B | 0.00 | 0.00 | -14.07B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Sales and maturities of investments | -4.56B | 35.17B | 37.29B | 28.39B | 45.28B | 61.57B | 38.27B | 29.16B | 15.88B | 25.58B | 42.08B | 43.59B | 17.63B | 16.18B | 15.14B | 20.00B | 1.25B | 0.00 | 0.00 | 4.27B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other investing | -48.93B | -42.48B | -24.10B | -4.98B | -24.00B | -36.94B | -18.75B | -953.00M | -298.00M | -251.00M | 200.00M | -15.92B | -20.33B | -9.92B | -3.70B | -8.83B | 0.00 | 0.00 | 0.00 | 525.00M | 361.00M | -3.26B | -1.77B | 2.37B | -4.53B | 1.29B | -1.65B | -6.00B | 3.19B | -2.23B | -2.80B | -6.03B | -4.40B | -2.77B | 0.00 | 0.00 | 0.00 | 0.00 |
Investing cash flow | -35.52B | -144.22B | -29.46B | -3.08B | -11.63B | -49.90B | -37.90B | -33.56B | -22.88B | -12.39B | -19.51B | -20.00B | -35.32B | -24.46B | -12.63B | -10.73B | -29.16B | -4.47B | 729.00M | -11.44B | -2.35B | -4.12B | -3.10B | 1.76B | -5.66B | -887.00M | -2.69B | -6.65B | 3.19B | -2.53B | -2.80B | -6.03B | -4.40B | -2.77B | -66.30M | -211.40M | -165.30M | -70.60M |
Debt issued (repaid) | 28.75B | 71.46B | 28.14B | 13.62B | 37.56B | 20.15B | 10.24B | -6.25B | 5.28B | 19.59B | 27.79B | 4.44B | 3.76B | -21.53B | -20.15B | -5.05B | -1.13B | 3.06B | -32.22B | 49.69B | 24.78B | 13.85B | 29.79B | -1.60B | 22.52B | 12.39B | 2.56B | 10.93B | 8.32B | 1.32B | 818.90M | 3.53B | 2.68B | 683.10M | -3.06B | 1.31B | 133.10M | 1.46B |
Shares issued | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.58B | 6.26B | 397.00M | 927.00M | 1.74B | 327.00M | 322.00M | 222.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share buybacksWhat are stock buybacks? A stock buyback is a company buying its own shares on the market. With fewer shares left, each remaining share owns a bigger part of the company. | 1.07B | -5.84B | -4.20B | -6.18B | -10.87B | -12.08B | -1.89B | -5.95B | -5.57B | -4.29B | -3.93B | -2.77B | -1.46B | -691.00M | -227.00M | -317.00M | -317.00M | -11.00B | -1.83B | -4.26B | -3.38B | -3.69B | -1.13B | -350.00M | -990.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Dividends paid | -6.98B | -6.59B | -6.14B | -5.76B | -5.40B | -4.17B | -2.74B | -2.63B | -2.38B | -2.09B | -1.75B | -1.46B | -904.00M | -475.00M | -469.00M | -834.00M | -1.16B | -1.73B | -1.23B | -1.22B | -1.17B | -1.18B | -1.10B | -994.00M | -1.00B | -1.04B | -924.00M | -575.00M | -519.00M | -416.00M | -134.00M | -102.30M | -81.10M | -690.30M | -102.90M | -85.50M | -69.50M | -55.00M |
Other financing | 107.22B | 39.29B | 27.96B | -4.40B | 430.00M | 36.37B | 78.17B | 2.37B | 26.87B | 2.05B | -14.74B | 22.67B | 18.97B | 23.63B | 8.95B | 1.06B | 1.19B | 6.44B | -2.66B | -6.62B | 32.71B | 22.77B | 2.83B | -918.00M | -7.04B | 21.99B | 13.69B | 23.17B | -14.80B | 5.36B | 1.02B | 1.33B | -505.70M | 267.00M | -563.40M | 2.82B | 5.47B | 6.44B |
Financing cash flow | 130.05B | 98.31B | 46.76B | -2.73B | 22.71B | 41.55B | 83.78B | -11.97B | 24.21B | 16.26B | 7.36B | 24.37B | 23.14B | 2.63B | -11.90B | -5.15B | 4.16B | 3.02B | -18.54B | 38.52B | 54.34B | 32.08B | 30.72B | -3.64B | 13.33B | 32.76B | 11.56B | 31.37B | -9.94B | 5.99B | 1.13B | 4.68B | 2.01B | 1.12B | -3.83B | 4.37B | 5.53B | 7.84B |
Net change in cash | 34.94B | 6.31B | 16.15B | -38.90B | 402.00M | 22.07B | 23.48B | -5.03B | 6.80B | 3.04B | -10.70B | 7.10B | -12.90B | 12.98B | -408.00M | -303.00M | 15.62B | -46.68B | 53.06B | 4.99B | -8.81B | -3.40B | 3.12B | 480.00M | 2.62B | 7.78B | 6.49B | -4.55B | 8.62B | 2.87B | 534.70M | 130.40M | 503.80M | -305.00M | 901.30M | 1.40B | 685.70M | -693.80M |
Free cash flowWhat is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks. | — | 46.10B | -2.10B | -36.95B | -9.48B | 31.66B | -26.68B | 38.95B | 5.44B | -6.13B | 1.17B | 2.30B | 139.00M | 33.69B | 23.45B | 14.08B | 39.41B | -48.83B | 72.02B | -23.56B | -60.80B | -31.89B | -25.08B | 1.75B | -6.18B | -26.09B | -3.22B | -29.93B | 15.37B | -889.00M | 2.21B | 1.48B | 2.89B | 1.35B | 4.73B | -2.97B | -4.84B | -8.53B |
Free cash flow growth | — | — | — | — | -129.92% | — | -168.49% | +615.94% | — | -623.83% | -49.11% | |||||||||||||||||||||||||||
Free cash flow margin | — | 69.88% | -3.64% | -72.92% | -18.87% | 56.13% | -58.21% | 99.75% | 14.42% | -17.11% | 3.58% | |||||||||||||||||||||||||||
Free cash flow per share | — | 28.94 | -1.30 | -22.45 | -5.53 | 17.45 | -16.43 | 23.75 | 3.13 | -3.37 | 0.62 | 1.18 | 0.07 | 17.22 | 12.22 | 8.40 | 27.93 | -41.19 | 65.73 | -22.35 | -57.64 | -29.53 | -22.69 | 1.59 | -5.56 | -23.26 | -2.81 | -25.81 | 12.67 | -0.73 | 3.49 | 1.95 | 3.79 | 2.46 | 29.13 | -18.66 | -32.68 | -56.46 |
Free cash flow per share growth | — | — | — | — | -131.69% | — | -169.17% | +658.72% | — | -642.81% | -47.33% | |||||||||||||||||||||||||||
Interest paid | 5.39B | — | 46.36B | 41.94B | 9.82B | 1.30B | 4.12B | 12.51B | 9.98B | 5.38B | 2.83B | 2.67B | 3.58B | 4.79B | 5.21B | 6.84B | 5.89B | 7.61B | 35.59B | 59.96B | 39.67B | 23.42B | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Income taxes paid | 588.00M | 0.00 | 1.89B | 2.04B | 4.15B | 4.23B | 2.59B | 1.91B | 1.38B | 1.39B | 831.00M | 677.00M | 886.00M | 930.00M | 388.00M | 892.00M | 1.09B | 1.03B | 1.41B | 3.40B | 3.12B | 1.54B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Quarter | Q3 FY2026 30 Sept 2026 | Q2 FY2026 30 Jun 2026 | Q1 FY2026 31 Mar 2026 | Q4 FY2025 31 Dec 2025 | Q3 FY2025 30 Sept 2025 | Q2 FY2025 30 Jun 2025 | Q1 FY2025 31 Mar 2025 | Q4 FY2024 31 Dec 2024 | Q3 FY2024 30 Sept 2024 | Q2 FY2024 30 Jun 2024 | Q1 FY2024 31 Mar 2024 | Q4 FY2023 31 Dec 2023 | Q3 FY2023 30 Sept 2023 | Q2 FY2023 30 Jun 2023 | Q1 FY2023 31 Mar 2023 | Q4 FY2022 31 Dec 2022 | Q3 FY2022 30 Sept 2022 | Q2 FY2022 30 Jun 2022 | Q1 FY2022 31 Mar 2022 | Q4 FY2021 31 Dec 2021 | Q3 FY2021 30 Sept 2021 | Q2 FY2021 30 Jun 2021 | Q1 FY2021 31 Mar 2021 | Q4 FY2020 31 Dec 2020 | Q3 FY2020 30 Sept 2020 | Q2 FY2020 30 Jun 2020 | Q1 FY2020 31 Mar 2020 | Q4 FY2019 31 Dec 2019 | Q3 FY2019 30 Sept 2019 | Q2 FY2019 30 Jun 2019 | Q1 FY2019 31 Mar 2019 | Q4 FY2018 31 Dec 2018 | Q3 FY2018 30 Sept 2018 | Q2 FY2018 30 Jun 2018 | Q1 FY2018 31 Mar 2018 | Q4 FY2017 31 Dec 2017 | Q3 FY2017 30 Sept 2017 | Q2 FY2017 30 Jun 2017 | Q1 FY2017 31 Mar 2017 | Q4 FY2016 31 Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income | 4.97B | 5.65B | 5.64B | 4.42B | 4.66B | 3.58B | 4.37B | 3.72B | 3.23B | 3.12B | 3.46B | 1.54B | 2.44B | 2.22B | 3.03B | 2.27B | 2.66B | 2.54B | 3.72B | 3.72B | 3.72B | 3.51B | 4.17B | 3.41B | 2.75B | 3.24B | 1.78B | 2.31B | 2.22B | 2.25B | 2.47B | 1.56B | 2.15B | 2.47B | 2.70B | 663.00M | 1.79B | 1.79B | 1.97B | 1.68B |
Depreciation and amortization | 1.12B | 1.20B | 714.00M | 1.14B | 1.35B | 1.31B | 865.00M | 1.65B | 1.27B | 1.27B | 975.00M | 1.41B | 988.00M | 922.00M | 940.00M | 1.21B | 928.00M | 921.00M | 942.00M | 1.24B | 1.04B | 1.06B | 887.00M | 1.41B | 853.00M | 686.00M | 824.00M | 656.00M | 654.00M | 675.00M | 658.00M | 469.00M | 468.00M | 517.00M | 390.00M | 413.00M | 451.00M | 455.00M | 434.00M | 379.00M |
Stock-based compensation | 542.00M | 562.00M | 571.00M | 469.00M | 449.00M | 469.00M | 539.00M | 391.00M | 372.00M | 417.00M | 442.00M | 361.00M | 367.00M | 423.00M | 558.00M | 498.00M | 528.00M | 418.00M | 431.00M | 449.00M | 500.00M | 618.00M | 518.00M | 510.00M | 254.00M | 394.00M | 154.00M | 328.00M | 233.00M | 299.00M | 293.00M | 177.00M | 217.00M | 205.00M | 321.00M | 251.00M | 257.00M | 249.00M | 269.00M | 342.00M |
Change in working capital | -52.85B | -10.45B | -14.19B | 33.66B | -9.90B | 6.12B | -29.88B | 5.89B | -22.32B | -2.44B | -501.00M | -20.86B | -105.00M | -13.44B | -14.70B | -17.32B | -11.86B | 10.63B | -4.96B | -5.06B | -3.17B | -575.00M | 21.50B | -30.08B | -10.90B | -20.92B | 19.63B | -3.57B | 10.18B | 7.32B | 13.68B | -10.07B | 11.77B | -15.92B | 9.24B | -2.68B | 755.00M | -10.28B | -4.23B | -9.27B |
Change in receivables | 1.59B | -15.59B | -24.61B | 27.14B | -13.89B | -4.14B | -9.11B | 5.01B | -2.58B | -8.01B | ||||||||||||||||||||||||||||||
Change in inventory | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||||||||
Change in payables | -6.93B | 0.00 | 31.74B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||||||||
Change in other working capital | -47.51B | 5.14B | -21.32B | 6.51B | 3.99B | 10.27B | -20.78B | 881.00M | -19.74B | 5.57B | ||||||||||||||||||||||||||||||
Other non-cash items | 201.00M | 284.00M | 172.00M | -42.66B | 112.00M | 354.00M | 133.00M | 150.00M | 125.00M | 163.00M | -18.00M | 264.00M | -72.00M | 50.00M | 300.00M | 197.00M | 187.00M | 406.00M | 108.00M | 2.00M | 16.00M | -70.00M | -95.00M | -389.00M | 64.00M | -445.00M | 1.04B | -81.00M | 7.00M | -29.00M | -92.00M | 164.00M | -37.00M | 67.00M | 5.00M | 2.55B | 100.00M | -74.00M | -74.00M | -163.00M |
Operating cash flowWhat is a cash flow statement? The cash flow statement shows the cash that came into a company and went out over a period, split into operating, investing and financing activities. | -46.02B | -2.75B | -7.10B | -2.41B | -3.33B | 11.83B | -23.98B | 11.80B | -17.32B | 2.53B | 4.36B | -17.75B | 3.75B | -9.67B | -9.87B | -14.00B | -7.55B | 14.91B | 239.00M | 349.00M | 2.13B | 4.62B | 26.88B | -25.39B | -6.87B | -16.81B | 23.84B | -136.00M | 13.34B | 10.53B | 17.04B | -7.18B | 14.57B | -12.73B | 12.65B | 4.04B | 3.36B | -7.86B | -1.61B | -5.37B |
Operating cash flow growth | — | -123.22% | — | -120.42% | — | +368.48% | -649.91% | — | -562.32% | — | ||||||||||||||||||||||||||||||
Capital expenditure | -945.00M | -819.00M | -754.00M | — | -713.00M | -763.00M | -713.00M | -879.00M | -916.00M | -851.00M | -816.00M | -929.00M | -913.00M | -851.00M | -719.00M | -770.00M | -857.00M | -799.00M | -652.00M | -650.00M | -619.00M | -514.00M | -525.00M | -539.00M | -123.00M | -428.00M | -354.00M | -366.00M | -452.00M | -479.00M | -529.00M | -504.00M | -453.00M | -498.00M | -410.00M | -452.00M | -454.00M | -373.00M | -350.00M | -335.00M |
Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 929.00M | 913.00M | 851.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -12.91B | -5.77B | -10.95B | -2.65B | -550.00M | -4.89B | 4.54B | -13.24B | -7.28B | -5.19B | -3.56B | -1.33B | -1.10B | -3.14B | -759.00M | -3.80B | -2.78B | -4.02B | -4.22B | -1.11B | -1.90B |
Purchases of investments | -7.50B | 12.36B | -13.65B | 27.09B | -10.08B | -12.13B | -6.56B | -7.95B | -9.93B | -10.84B | -10.47B | -13.56B | -3.11B | -2.94B | -3.48B | -1.97B | -4.33B | -6.07B | -17.46B | -12.24B | -17.21B | -7.79B | -32.33B | -18.63B | -7.95B | -20.27B | -12.92B | -7.51B | -9.02B | -10.17B | -15.90B | -10.96B | -4.45B | -6.91B | -5.48B | -4.25B | -11.30B | -1.97B | -6.45B | -9.68B |
Sales and maturities of investments | 8.54B | -1.79B | 15.57B | -26.88B | 10.79B | 7.34B | 8.75B | 7.86B | 8.88B | 7.59B | 12.97B | 6.13B | 7.24B | 8.47B | 6.54B | 3.84B | 5.97B | 9.60B | 25.87B | 10.88B | 8.67B | 22.56B | 19.46B | 19.81B | 9.26B | 3.69B | 5.51B | 7.42B | 6.84B | 4.37B | 10.54B | 3.80B | 3.37B | 5.77B | 2.94B | 4.09B | 4.29B | 11.53B | 5.68B | 7.17B |
Other investing | -8.42B | -16.95B | -7.76B | -15.80B | -10.67B | -12.13B | -6.51B | -9.18B | -4.73B | -9.57B | -626.00M | -1.38B | -3.61B | 707.00M | -3.39B | -203.00M | -4.94B | -11.26B | -7.60B | -385.00M | -216.00M | -187.00M | -6.52B | -548.00M | -116.00M | -45.00M | -93.00M | -105.00M | -72.00M | -764.00M | -12.00M | -53.00M | -98.00M | 17.00M | -164.00M | -174.00M | -38.00M | -100.00M | 61.00M | 224.00M |
Investing cash flow | -8.32B | -7.20B | -6.60B | -13.40B | -10.68B | -17.67B | -5.03B | -10.15B | -6.70B | -13.67B | 1.05B | -8.80B | 517.00M | 6.24B | -1.04B | 898.00M | -4.16B | -8.53B | 158.00M | -15.31B | -15.15B | 3.12B | -22.56B | -460.00M | -3.82B | -12.51B | -21.11B | -7.84B | -7.90B | -10.60B | -7.23B | -8.82B | -4.76B | -2.38B | -6.92B | -3.56B | -11.52B | 4.86B | -2.17B | -4.52B |
Debt issued (repaid) | 6.33B | 17.28B | 28.13B | -22.99B | -1.26B | 12.66B | 11.59B | 2.36B | 10.04B | 5.38B | 10.36B | 1.55B | 6.27B | -710.00M | 6.02B | 10.30B | 7.51B | 11.07B | 9.19B | 3.26B | 8.09B | 4.46B | 4.34B | 6.22B | -4.37B | 2.65B | 5.63B | -5.41B | -5.67B | 2.02B | -5.41B | -72.00M | 745.00M | 1.26B | 3.99B | -3.90B | 6.44B | 2.94B | 12.08B | 8.64B |
Shares issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share buybacksWhat are stock buybacks? A stock buyback is a company buying its own shares on the market. With fewer shares left, each remaining share owns a bigger part of the company. | -1.56B | 1.20B | -2.88B | 4.31B | -1.15B | -1.13B | -2.03B | -852.00M | -806.00M | -823.00M | -1.72B | -1.34B | -1.54B | -1.09B | -2.21B | -1.75B | -2.61B | -2.84B | -3.68B | -2.85B | -3.63B | -3.02B | -2.58B | -50.00M | -30.00M | -28.00M | -1.78B | -1.51B | -1.54B | -1.26B | -1.65B | -1.19B | -1.21B | -1.31B | -1.87B | -1.28B | -1.30B | -548.00M | -1.16B | -1.03B |
Dividends paid | -1.91B | -1.68B | -1.71B | -1.69B | -1.71B | -1.58B | -1.62B | -1.59B | -1.59B | -1.47B | -1.50B | -1.48B | -1.50B | -1.38B | -1.41B | -1.38B | -1.41B | -1.30B | -1.31B | -1.31B | -1.36B | -746.00M | -755.00M | -731.00M | -680.00M | -640.00M | -688.00M | -545.00M | -670.00M | -749.00M | -663.00M | -587.00M | -673.00M | -516.00M | -599.00M | -523.00M | -608.00M | -443.00M | -511.00M | -435.00M |
Other financing | 29.71B | 20.26B | 12.92B | 44.34B | 13.19B | 11.73B | 5.10B | 15.33B | 15.41B | -3.49B | 1.71B | 6.96B | -2.86B | 685.00M | -8.70B | 18.80B | -8.07B | -14.91B | 5.10B | 20.62B | 8.68B | -213.00M | 8.56B | 29.42B | 2.40B | 1.67B | 44.79B | 16.68B | 3.96B | -1.40B | -8.15B | 12.69B | 2.67B | 12.02B | -1.16B | 4.43B | 5.64B | 2.69B | -8.68B | 5.66B |
Financing cash flow | 32.56B | 37.06B | 36.46B | 23.97B | 9.08B | 21.67B | 13.05B | 15.26B | 23.05B | -404.00M | 8.86B | 5.69B | 361.00M | -2.49B | -6.29B | 25.98B | -4.57B | -7.99B | 9.29B | 19.72B | 11.78B | 485.00M | 9.56B | 34.86B | -2.67B | 3.65B | 47.95B | 9.21B | -3.92B | -1.40B | -15.86B | 10.84B | 1.54B | 11.46B | 363.00M | -1.27B | 10.17B | 4.64B | 2.72B | 12.84B |
Net change in cash | -21.47B | 26.61B | 21.83B | 7.96B | -5.40B | 18.39B | -14.65B | 14.30B | 924.00M | -12.15B | 13.07B | -19.17B | 3.41B | -6.26B | -16.87B | 16.43B | -19.59B | -4.80B | 8.36B | 3.86B | -2.62B | 8.36B | 12.46B | 10.88B | -11.50B | -25.23B | 49.34B | 2.52B | 76.00M | -1.10B | -6.51B | -5.29B | 10.89B | -5.76B | 6.95B | 32.20B | 3.53B | 1.81B | -527.00M | 829.00M |
Free cash flowWhat is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks. | -46.97B | -3.57B | -7.85B | — | -4.05B | 11.07B | -24.69B | 10.92B | -18.24B | 1.67B | 3.54B | -18.68B | 2.83B | -10.52B | -10.58B | -14.77B | -8.41B | 14.11B | -413.00M | -301.00M | 1.51B | 4.10B | 26.35B | -25.93B | -6.99B | -17.24B | 23.48B | -502.00M | 12.89B | 10.05B | 16.51B | -7.68B | 14.11B | -13.23B | 12.24B | 3.59B | 2.90B | -8.23B | -1.96B | -5.70B |
Free cash flow growth | — | -132.22% | — | — | — | +561.05% | -796.64% | — | -743.58% | — | ||||||||||||||||||||||||||||||
Free cash flow margin | -230.94% | -16.70% | -38.15% | — | -23.68% | 70.92% | -149.48% | 72.60% | -127.20% | 11.94% | ||||||||||||||||||||||||||||||
Free cash flow per share | -29.99 | -2.24 | -4.93 | — | -2.54 | 6.95 | -15.43 | 6.79 | -11.34 | 1.04 | 2.19 | -11.48 | 1.72 | -6.37 | -6.36 | -8.79 | -4.96 | 8.19 | -0.24 | -0.17 | 0.83 | 2.23 | 14.50 | -14.39 | -4.46 | -11.07 | 14.93 | -0.31 | 7.92 | 6.07 | 9.85 | -4.51 | 8.17 | -7.57 | 6.91 | 2.00 | 1.60 | -4.50 | -1.06 | -3.08 |
Free cash flow per share growth | — | -132.22% | — | — | — | +568.52% | -803.61% | — | -757.18% | — | ||||||||||||||||||||||||||||||
Interest paid | 13.49B | 12.39B | 14.20B | -34.68B | 10.14B | 12.08B | 12.46B | 11.86B | 11.48B | 11.14B | 11.88B | 11.64B | 11.14B | 10.25B | 8.91B | 5.48B | 2.93B | 784.00M | 623.00M | 67.00M | 355.00M | 295.00M | 586.00M | 373.00M | 1.01B | 619.00M | 2.12B | 2.75B | 3.45B | 3.42B | 2.90B | 3.16B | 2.88B | 2.53B | 1.41B | 1.96B | 1.50B | 1.19B | 737.00M | 1.05B |
Income taxes paid | 1.10B | 1.77B | 398.00M | -2.68B | 339.00M | 1.81B | 534.00M | -1.45B | 406.00M | 810.00M | 233.00M | 787.00M | 270.00M | 671.00M | 307.00M | 1.34B | 817.00M | 1.61B | 383.00M | 928.00M | 1.27B | 1.69B | 339.00M | 916.00M | 996.00M | 337.00M | 342.00M | 305.00M | 488.00M | 870.00M | 245.00M | 368.00M | 219.00M | 540.00M | 250.00M | 423.00M | 235.00M | 470.00M | 262.00M | 327.00M |
Figures in USD. Free cash flow is operating cash flow less capital expenditure. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
Common questions about Morgan Stanley's cash flow
Source: Financial Modeling Prep