Morgan Stanley balance sheet
At the end of its fiscal year on Dec 31, 2025, Morgan Stanley reported total assets of $1.42T and shareholders' equity of $111.63B. That works out to liabilities equal to 92% of assets, long-term debt of 3.06× shareholders' equity.
Balance sheet at each fiscal year end
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $814.95B | $851.73B | $853.53B | $895.43B | $1.12T | $1.19T | $1.18T | $1.19T | $1.22T | $1.42T |
| Cash & equivalents | $77.36B | $80.39B | $87.20B | $82.17B | $105.65B | $127.72B | $128.13B | $89.23B | $105.39B | $111.69B |
| Total liabilities | $737.77B | $773.27B | $772.12B | $812.73B | $1.01T | $1.08T | $1.08T | $1.09T | $1.11T | $1.31T |
| Long-term debt | $164.78B | $191.06B | $188.12B | $190.06B | $213.39B | $227.36B | $233.87B | $260.54B | $284.31B | $341.68B |
| Shareholders' equity | $76.05B | $77.39B | $80.25B | $81.55B | $101.78B | $105.44B | $100.14B | $99.04B | $104.51B | $111.63B |
| Reported in | 10-K 2018 | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 |
Balance-sheet figures are point-in-time values on the last day of each fiscal year. Some companies (for example banks and insurers) do not present current assets and liabilities; those cells show —.
Source: SEC EDGAR XBRL company facts for CIK 895421 (raw data). Most recent filing in this dataset: 10-Q filed Aug 4, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.