Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Morgan Stanley's EPS (Basic) for the
three
months ended in Mar. 2026 was CHF2.73.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was CHF8.90.
During the past 12 months, Morgan Stanley's average EPS without NRIGrowth Rate was 30.30% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 17.40% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 5.70% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 12.10% per year.
During the past 13 years, Morgan Stanley's highest 3-Year average EPS without NRI Growth Rate was 426.00% per year. The lowest was -26.20% per year. And the median was 10.40% per year.
Morgan Stanley (XSWX:MS) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Morgan Stanley Earnings per Share (Diluted) Related Terms
Morgan Stanley Earnings per Share (Diluted) Historical Data
* Premium members only.
The historical data trend for Morgan Stanley's Earnings per Share (Diluted) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:MS vs GS, SCHW, HOOD: Earnings per Share (Diluted) Comparison
For the Capital Markets subindustry, Morgan Stanley's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Morgan Stanley PE Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Morgan Stanley's PE Ratio distribution charts can be found below:
* The bar in red indicates where Morgan Stanley's PE Ratio falls into.
Morgan Stanley Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
Morgan Stanley's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as
Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF8.80
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of CHF8.80 mean?
Morgan Stanley (XSWX:MS) has a Earnings per Share (Diluted) of CHF8.80 as of Mar. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Morgan Stanley and its competitors. According to the industry distribution chart, Morgan Stanley ranks #268 out of 580 companies in the Capital Markets industry, placing it in the top 46.2%.
Is Morgan Stanley's Earnings per Share (Diluted) too high?
Morgan Stanley's current Earnings per Share (Diluted) is CHF8.80. Based on the distribution chart, Morgan Stanley ranks #268 out of 580 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Morgan Stanley has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Morgan Stanley's Earnings per Share (Diluted) compare to GS and SCHW?
According to the Capital Markets industry distribution chart, Morgan Stanley ranks #268 out of 580 companies for Earnings per Share (Diluted). This puts Morgan Stanley in the upper half of its industry. The industry median Earnings per Share (Diluted) is 14.25. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a Capital Markets company?
The median Earnings per Share (Diluted) among Capital Markets companies is 14.25, based on 580 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Morgan Stanley and its competitors. For the Capital Markets industry, the median Earnings per Share (Diluted) is 14.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morgan Stanley's current Earnings per Share (Diluted) is CHF8.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Stanley stock overvalued right now?
Morgan Stanley (XSWX:MS) has a current Earnings per Share (Diluted) of CHF8.80. The stock's GF Value™ is CHF122.43, compared to a current price of CHF183.84 — trading 50.2% above its estimated fair value. The current Earnings per Share (Diluted) is CHF8.80. Morgan Stanley's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Morgan Stanley (XSWX:MS), the current Earnings per Share (Diluted) is CHF8.80 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Morgan Stanley (XSWX:MS) Overvalued in 2026?
Based on GuruFocus' analysis, Morgan Stanley stock appears to be overvalued.
The current stock price of CHF183.84 is trading 50.2% above its estimated GF Value™ of CHF122.43.
Key valuation signals for XSWX:MS:
Earnings per Share (Diluted): CHF8.80
GF Value™: CHF122.43 vs. price of CHF183.84 (50.2% above fair value)
No single metric tells the full story. See the XSWX:MS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morgan Stanley is a massive global financial services firm, with offices in 42 countries and more than 82,000 employees as of year-end 2025. The firm cut its teeth in investment banking and institutional trading, where it maintains a strong presence today, but generates the lion share of its income from wealth and asset management franchises, where it boasted $9.3 trillion in client assets at the end of 2025. After reincorporation as a bank holding company in the wake of the global financial crisis, Morgan Stanley also boasts a top 10 banking franchise by deposits, with more than $400 billion in customer deposits, predominately attributable to cash sweeps from its wealth management and brokerage businesses.
71GF Score
Get the complete analysis for XSWX:MS
Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:MS has been successfully added to your 
