Morgan Stanley (MEX:MS) Pretax Margin %

: 27.57% (As of Mar. 2023)

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Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Morgan Stanley's Pre-Tax Income for the three months ended in Mar. 2023 was MXN67,774 Mil. Morgan Stanley's Revenue for the three months ended in Mar. 2023 was MXN245,789 Mil. Therefore, Morgan Stanley's pretax margin for the quarter that ended in Mar. 2023 was 27.57%.

The historical rank and industry rank for Morgan Stanley's Pretax Margin % or its related term are showing as below:

MEX:MS' s Pretax Margin % Range Over the Past 10 Years
Min: 11.06 Med: 28.5 Max: 34.86
Current: 26.56

MEX:MS's Pretax Margin % is ranked better than
63.25% of 762 companies
in the Capital Markets industry
Industry Median: 15.44 vs MEX:MS: 26.56

Morgan Stanley Pretax Margin % Historical Data

The historical data trend for Morgan Stanley's Pretax Margin % 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.

* Premium members only.

Morgan Stanley Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Pretax Margin %

29.80

28.94

31.46

34.86

28.06

Morgan Stanley Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Pretax Margin %																32.96	27.09	27.91	23.48	27.57

Morgan Stanley Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Morgan Stanley's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	274679.144	/	978894.161
	=	28.06 %

Morgan Stanley's Pretax Margin for the quarter that ended in Mar. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	67774	/	245788.9
	=	27.57 %

Morgan Stanley (MEX:MS) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Morgan Stanley Pretax Margin % Related Terms

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Morgan Stanley (MEX:MS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Morgan Stanley (MEX:MS) » Definitions » Pretax Margin %

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Address

1585 Broadway, New York, NY, USA, 10036

Website

https://www.morganstanley.com

Morgan Stanley is a global investment bank whose history, through its legacy firms, can be traced back to 1924. The company has institutional securities, wealth management, and investment management segments. The company had about $5 trillion of client assets as well as over 70,000 employees at the end of 2021. Approximately 50% of the company's net revenue is from its institutional securities business, with the remainder coming from wealth and investment management. The company derives about 30% of its total revenue outside the Americas.