Morgan Stanley (MS) — Capital Reinvestment Ratio
Morgan Stanley (MS) has a Capital Reinvestment Ratio of 0.06x as of June 2025, meaning it reinvests 0% of its operating cash flow ($11.83 Billion) in capital expenditures ($763.00 Million). Check Morgan Stanley tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Morgan Stanley Capital Reinvestment Ratio (1992–2025)
This chart tracks Morgan Stanley's Capital Reinvestment Ratio across 16 annual periods. For the full cash flow conversion analysis, see MS cash flow conversion.
Annual Capital Reinvestment Ratio for Morgan Stanley (1992–2025)
Year-by-year Capital Reinvestment Ratio for Morgan Stanley from 1992 to 2025. See how much free cash does Morgan Stanley generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.06x | $49.00 Billion | $2.90 Billion | ▼ -97.7% |
| 2024 | 2.54x | $1.36 Billion | $3.46 Billion | ▲ +3641.3% |
| 2021 | 0.07x | $33.97 Billion | $2.31 Billion | ▲ +51.7% |
| 2019 | 0.04x | $40.77 Billion | $1.83 Billion | ▼ -82.5% |
| 2018 | 0.26x | $7.30 Billion | $1.86 Billion | ▼ -51.0% |
| 2016 | 0.52x | $2.45 Billion | $1.28 Billion | ▲ +39.5% |
| 2015 | 0.37x | $3.67 Billion | $1.37 Billion | ▼ -57.4% |
| 2014 | 0.88x | $1.13 Billion | $992.00 Million | ▲ +2233.3% |
| 2013 | 0.04x | $35.01 Billion | $1.32 Billion | ▼ -29.1% |
| 2012 | 0.05x | $24.76 Billion | $1.31 Billion | ▼ -37.5% |
| 2011 | 0.08x | $15.38 Billion | $1.30 Billion | ▲ +186.7% |
| 2010 | 0.03x | $40.61 Billion | $1.20 Billion | ▲ +55.1% |
| 2008 | 0.02x | $73.42 Billion | $1.40 Billion | ▼ -92.6% |
| 2003 | 0.26x | $2.35 Billion | $603.00 Million | ▲ +272.0% |
| 1996 | 0.07x | $2.21 Billion | $152.00 Million | ▲ +398.2% |
| 1992 | 0.01x | $4.80 Billion | $66.30 Million | — |