Morgan Stanley
0QYU.L
$178.00 0.94%
Exchange: LSE | Sector: Financial Services | Industry: Financial Diversified
Q4 2024
Published: Feb 21, 2025

Earnings Highlights

  • Revenue of $25.98B up 7.4% year-over-year
  • EPS of $2.22 increased by 161.6% from previous year
  • Gross margin of 57.5%
  • Net income of 3.71B
  • ""We are investing significantly in technology to enhance our customer experiences. This positions us not just to attract new clients, but also to deepen relationships with existing ones."" - CEO James Gorman
0QYU.L
Morgan Stanley

Executive Summary

Morgan Stanley's performance in Q4 2024 showcased robust growth with a 144.83% year-over-year increase in net income, reaching $3.71 billion, and a 161.63% rise in EPS to $2.25. The firm reported revenues of $25.98 billion, slightly declining by 1.31% from the previous quarter. Despite a challenging economic environment, management highlighted strategic initiatives that have bolstered profitability, particularly in the wealth and investment management segments.

The earnings call emphasized the firm's commitment to operational efficiency and leveraging technology to enhance client engagement. Management expressed optimism about future earnings growth, projecting a stabilizing economic environment, which they believe will further enhance operational metrics. Overall, the solid financial performance this quarter strengthens the investment case for Morgan Stanley, given its effective cost management and diversified revenue streams.

Key Performance Indicators

Revenue
Increasing
25.98B
QoQ: -1.31% | YoY: 7.40%
Gross Profit
Increasing
14.93B
57.46% margin
QoQ: 4.68% | YoY: 24.11%
Operating Income
Increasing
4.91B
QoQ: 16.23% | YoY: 134.06%
Net Income
Increasing
3.71B
QoQ: 16.50% | YoY: 144.83%
EPS
Increasing
2.25
QoQ: 17.80% | YoY: 161.63%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 31,189.00 2.80 +18.5% View
Q2 2025 29,350.00 2.13 +15.2% View
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