Morgan Stanley (MS) — Cash Flow Reinvestment Rate
Morgan Stanley (MS) has a Cash Flow Reinvestment Rate of 1.56x as of June 2025, reinvesting $18.43 Billion (capex $763.00 Million plus investments $-17.67 Billion) from operating cash flow of $11.83 Billion. See MS free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Morgan Stanley Cash Flow Reinvestment Rate (1992–2025)
Historical reinvestment intensity for Morgan Stanley across 20 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Morgan Stanley.
Annual Cash Flow Reinvestment Rate for Morgan Stanley (1992–2025)
Year-by-year capital reinvestment analysis for Morgan Stanley. See Morgan Stanley free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.09x | $4.30 Billion | $49.00 Billion | $2.90 Billion | ▼ -99.6% |
| 2024 | 24.17x | $32.92 Billion | $1.36 Billion | $3.46 Billion | ▲ +7863.7% |
| 2021 | 0.30x | $10.31 Billion | $33.97 Billion | $2.31 Billion | ▼ -62.0% |
| 2019 | 0.80x | $32.61 Billion | $40.77 Billion | $1.83 Billion | ▼ -74.1% |
| 2018 | 3.09x | $22.58 Billion | $7.30 Billion | $1.86 Billion | ▼ -61.6% |
| 2016 | 8.05x | $19.71 Billion | $2.45 Billion | $1.28 Billion | ▲ +41.6% |
| 2015 | 5.69x | $20.89 Billion | $3.67 Billion | $1.37 Billion | ▼ -82.2% |
| 2014 | 31.92x | $36.10 Billion | $1.13 Billion | $992.00 Million | ▲ +4239.9% |
| 2013 | 0.74x | $25.75 Billion | $35.01 Billion | $1.32 Billion | ▲ +28.8% |
| 2012 | 0.57x | $14.14 Billion | $24.76 Billion | $1.31 Billion | ▲ +573.6% |
| 2011 | 0.08x | $1.30 Billion | $15.38 Billion | $1.30 Billion | ▼ -89.0% |
| 2010 | 0.77x | $31.19 Billion | $40.61 Billion | $1.20 Billion | ▲ +3927.2% |
| 2008 | 0.02x | $1.40 Billion | $73.42 Billion | $1.40 Billion | ▼ -92.6% |
| 2003 | 0.26x | $603.00 Million | $2.35 Billion | $603.00 Million | — |
| 1998 | 0.00x | $0.00 | $15.37 Billion | $0.00 | ▼ -100.0% |
| 1996 | 0.07x | $152.00 Million | $2.21 Billion | $152.00 Million | — |
| 1995 | 0.00x | $0.00 | $1.48 Billion | $0.00 | — |
| 1994 | 0.00x | $0.00 | $2.89 Billion | $0.00 | — |
| 1993 | 0.00x | $0.00 | $1.35 Billion | $0.00 | ▼ -100.0% |
| 1992 | 0.01x | $66.30 Million | $4.80 Billion | $66.30 Million | — |