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. Also see MS company net worth for the company's overall valuation and market capitalisation.
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.
Morgan Stanley Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Morgan Stanley ranked by their cash flow conversion efficiency. Explore how high is Morgan Stanley's earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Merck & Company Inc
NYSE:MRK
|
0.128x |
|
Agricultural Bank of China Ltd Class A
SHG:601288
|
0.359x |
|
Industrial and Commercial Bank of China Ltd
SHG:601398
|
-0.011x |
|
Palantir Technologies Inc. Class A Common Stock
NYSE:PLTR
|
0.056x |
|
Cisco Systems Inc
NASDAQ:CSCO
|
0.038x |
|
Netflix Inc
NASDAQ:NFLX
|
0.079x |
|
Arm Holdings plc American Depositary Shares
NASDAQ:ARM
|
0.105x |
|
Philip Morris International Inc
NYSE:PM
|
-0.825x |
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. View MS share price today for real-time trading data and today's change.
| 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