Morgan Stanley (MS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Morgan Stanley (MS) has a cash flow conversion efficiency ratio of -0.062x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-7.10 Billion) by net assets ($115.38 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See MS net asset quality score to measure how much of total assets are equity-financed.
Morgan Stanley - Cash Flow Conversion Efficiency Trend (1989–2025)
This chart illustrates how Morgan Stanley's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Morgan Stanley (MS) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Morgan Stanley Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Morgan Stanley ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Procter & Gamble Company
NYSE:PG
|
0.093x |
|
HSBC Holdings plc
MX:HBCN
|
N/A |
|
GE Aerospace
NYSE:GE
|
0.100x |
|
The Home Depot Inc
NYSE:HD
|
0.331x |
|
Palantir Technologies Inc. Class A Common Stock
NYSE:PLTR
|
0.056x |
|
Palantir Technologies Inc.
NASDAQ:PLTR
|
0.105x |
|
Netflix Inc
NASDAQ:NFLX
|
0.079x |
|
Cisco Systems Inc
NASDAQ:CSCO
|
0.038x |
Annual Cash Flow Conversion Efficiency for Morgan Stanley (1989–2025)
The table below shows the annual cash flow conversion efficiency of Morgan Stanley from 1989 to 2025. For the full company profile with market capitalisation and key ratios, see MS stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $112.65 Billion | $49.00 Billion | 0.435x | +3266.81% |
| 2024-12-31 | $105.43 Billion | $1.36 Billion | 0.013x | +103.85% |
| 2023-12-31 | $99.98 Billion | $-33.54 Billion | -0.335x | -430.79% |
| 2022-12-31 | $101.23 Billion | $-6.40 Billion | -0.063x | -119.83% |
| 2021-12-31 | $106.60 Billion | $33.97 Billion | 0.319x | +230.28% |
| 2020-12-31 | $103.15 Billion | $-25.23 Billion | -0.245x | -149.61% |
| 2019-12-31 | $82.70 Billion | $40.77 Billion | 0.493x | +449.44% |
| 2018-12-31 | $81.41 Billion | $7.30 Billion | 0.090x | +256.30% |
| 2017-12-31 | $78.47 Billion | $-4.50 Billion | -0.057x | -281.08% |
| 2016-12-31 | $77.18 Billion | $2.45 Billion | 0.032x | -34.25% |
| 2015-12-31 | $76.18 Billion | $3.67 Billion | 0.048x | +207.45% |
| 2014-12-31 | $72.10 Billion | $1.13 Billion | 0.016x | -96.91% |
| 2013-12-31 | $69.03 Billion | $35.01 Billion | 0.507x | +34.02% |
| 2012-12-31 | $65.43 Billion | $24.76 Billion | 0.378x | +72.40% |
| 2011-12-31 | $70.08 Billion | $15.38 Billion | 0.219x | -64.65% |
| 2010-12-31 | $65.41 Billion | $40.61 Billion | 0.621x | +171.32% |
| 2009-12-31 | $52.78 Billion | $-45.95 Billion | -0.871x | -158.65% |
| 2008-12-31 | $49.46 Billion | $73.42 Billion | 1.484x | +310.11% |
| 2007-12-31 | $31.27 Billion | $-22.09 Billion | -0.707x | +58.91% |
| 2006-12-31 | $35.36 Billion | $-60.80 Billion | -1.719x | -60.03% |
| 2005-12-31 | $29.18 Billion | $-31.35 Billion | -1.074x | -23.66% |
| 2004-12-31 | $28.21 Billion | $-24.51 Billion | -0.869x | -1121.08% |
| 2003-12-31 | $27.68 Billion | $2.35 Billion | 0.085x | +138.88% |
| 2002-12-31 | $23.09 Billion | $-5.05 Billion | -0.219x | +80.08% |
| 2001-12-31 | $21.93 Billion | $-24.09 Billion | -1.099x | -806.60% |
| 2000-12-31 | $19.67 Billion | $-2.38 Billion | -0.121x | +92.79% |
| 1999-12-31 | $17.41 Billion | $-29.27 Billion | -1.681x | -269.72% |
| 1998-12-31 | $15.52 Billion | $15.37 Billion | 0.990x | +2618.95% |
| 1997-12-31 | $14.96 Billion | $-588.00 Million | -0.039x | -109.19% |
| 1996-12-31 | $5.16 Billion | $2.21 Billion | 0.428x | +39.96% |
| 1995-12-31 | $4.83 Billion | $1.48 Billion | 0.306x | -56.63% |
| 1994-12-31 | $4.11 Billion | $2.89 Billion | 0.705x | +81.37% |
| 1993-12-31 | $3.48 Billion | $1.35 Billion | 0.388x | -72.21% |
| 1992-12-31 | $3.43 Billion | $4.80 Billion | 1.398x | +251.76% |
| 1991-12-31 | $2.99 Billion | $-2.76 Billion | -0.921x | +57.27% |
| 1990-12-31 | $2.17 Billion | $-4.68 Billion | -2.155x | +48.51% |
| 1989-12-31 | $2.02 Billion | $-8.46 Billion | -4.185x | -- |
About Morgan Stanley
Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Asia, Europe, the Middle East, and Africa. It operates through Institutional Securities, Wealth Management, and Investment Management segments. The company offers capital raising and financial advisory services, includ… Read more