Quick answer: latest quarter results, by ticker or company name

Reported Q: Q1 2024 Rev YoY: +23.8% EPS YoY: +18.6% Move: 0.00%

Morgan Stanley

DWD.DE

€153.68 0.00%

Exchange XETRA Sector Financial Services Industry Financial Capital Markets

Q1 2024

Published: May 3, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for DWD.DE

Reported

Report Date

May 3, 2024

Quarter Q1 2024

Revenue

26.34B

YoY: +23.8%

EPS

2.02

YoY: +18.6%

Market Move

0.00%

Previous quarter: N/A

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Earnings Highlights

Revenue of $26.34B up 23.8% year-over-year
EPS of $2.02 increased by 18.6% from previous year
Gross margin of 54.0%
Net income of 3.41B
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DWD.DE

Company DWD.DE

Period Q1 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 10, 2026

Executive Summary

Morgan Stanley posted a solid QQ1 2024 performance with revenue of USD 26.337 billion, up 23.82% year over year and 8.87% sequentially. Net income totaled USD 3.412 billion, corresponding to an earnings per diluted share of USD 2.02 (USD 2.04 basic), reflecting a resilient profitability setup despite a challenging macro backdrop and ongoing market volatility. The quarter delivered an operating margin of ~16.7% and a gross margin near 54%, underscoring a favorable revenue mix and disciplined cost management amid market activity in the Institutional Securities, Wealth Management, and Investment Management platforms.

Key Performance Indicators

Revenue

Increasing

26.34B

QoQ: 8.87% | YoY: 23.82%

Gross Profit

Increasing

14.22B

54.00% margin

QoQ: 18.23% | YoY: 6.11%

Operating Income

Decreasing

4.40B

QoQ: 109.69% | YoY: -32.13%

Net Income

Increasing

3.41B

QoQ: 124.92% | YoY: 14.50%

EPS

Increasing

2.04

QoQ: 137.21% | YoY: 18.60%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue: USD 26.337B; YoY +23.82%, QoQ +8.87%; Gross Profit: USD 14.221B; Gross Margin 53.996% (YoY +6.11%, QoQ +18.23%); Operating Income: USD 4.395B; Operating Margin 16.69% (YoY -32.13%, QoQ +109.69%); Net Income: USD 3.412B; Net Margin 12.96% (YoY +14.50%, QoQ +124.92%); EPS (Diluted): USD 2.02; EPS (Basic): USD 2.04; Cash Flow: Operating cash flow USD 4.36B; Free cash flow USD 3.544B; Free cash flow yield and operating cash flow ratios reflect solid liquidity generation; Balance Sheet: Total assets USD 1.229T; Total liabilities USD 1.128T; Total stockholders’ equity USD 99.198B; Net debt USD 299.065B; Long-term debt USD 272.327B; Short-term debt USD 96.551B; Cash and cash equivalents USD 69.813B; Cash and short-term investments USD 434.106B; Liquidity indicators show robust cash position and sizable invested assets; Capital allocation: Dividends USD 1.496B; Share repurchases USD 1.718B; Net cash used for financing activities USD 8.857B; Net change in cash USD 13.073B; End-of-period cash USD 102.305B. Valuation metrics (from ratiosInfo): P/E ~ 10.91x; P/B ~ 1.50x; P/S ~ 10.47x; Dividend yield ~ 1.00%.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	26.34B	23.82%	8.87%
Gross Profit	14.22B	6.11%	18.23%
Operating Income	4.40B	-32.13%	109.69%
Net Income	3.41B	14.50%	124.92%
EPS	2.04	18.60%	137.21%

Key Financial Ratios

Gross Profit Margin

Weak

1.07%

Gross profit margin is below industry norms, profitability concerns

Operating Profit Margin

Excellent

36.90%

Operating margin is exceptional, indicating strong pricing power and operational efficiency

Net Profit Margin

Excellent

24.00%

Net profit margin is exceptional, indicating strong pricing power and operational efficiency

Return on Assets

Weak

0.28%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

3.44%

Return on equity suggests inefficient capital allocation

Current Ratio

Concern

0.45

Current ratio below safe levels, potential liquidity risk

Debt to Equity

High Risk

2.89

Debt-to-equity indicates high leverage and elevated financial risk

P/E Ratio

Value

10.91x

P/E ratio suggests potential undervaluation or stable earnings

Price to Book

Fair Value

1.50x

Price-to-book ratio reasonable for profitable companies

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2025	27,912.00	2.60	+6.0%	View
Q4 2024	25,982.00	2.22	+7.4%	View
Q3 2024	26,328.00	1.88	+16.7%	View
Q2 2024	25,486.00	1.82	+18.6%	View
Q1 2024	26,337.00	2.02	+23.8%	View

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Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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Q1 2024 Reports in Financial Services Sector

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Sector Analysis: Financial Services

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