Morgan Stanley Free Cash Flow Generation Index
Morgan Stanley free cash flow generation index. Morgan Stanley (MS) has a Free Cash Flow Generation Index of 0.94x as of June 2025. Free cash flow of $11.07 Billion represents 1% of operating cash flow ($11.83 Billion). Check Morgan Stanley (MS) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of Morgan Stanley (1992–2025)
Free cash flow generation index of Morgan Stanley from 1992 to 2025. Historical FCF Generation Index trend for Morgan Stanley across 20 annual periods. Explore MS capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Morgan Stanley Free Cash Flow Generation Index by Year (1992–2025)
Morgan Stanley free cash flow generation index by year from 1992 to 2025. Year-by-year Free Cash Flow Generation Index for Morgan Stanley. For the full cash flow conversion analysis, see Morgan Stanley cash conversion from operations.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.94x | $46.10 Billion | $49.00 Billion | $2.90 Billion | ▲ +161.0% |
| 2024 | -1.54x | $-2.10 Billion | $1.36 Billion | $3.46 Billion | ▼ -265.4% |
| 2021 | 0.93x | $31.66 Billion | $33.97 Billion | $2.31 Billion | ▼ -2.4% |
| 2019 | 0.96x | $38.95 Billion | $40.77 Billion | $1.83 Billion | ▲ +28.3% |
| 2018 | 0.74x | $5.44 Billion | $7.30 Billion | $1.86 Billion | ▲ +55.6% |
| 2016 | 0.48x | $1.17 Billion | $2.45 Billion | $1.28 Billion | ▼ -23.6% |
| 2015 | 0.63x | $2.30 Billion | $3.67 Billion | $1.37 Billion | ▲ +409.6% |
| 2014 | 0.12x | $139.00 Million | $1.13 Billion | $992.00 Million | ▼ -87.4% |
| 2013 | 0.98x | $34.24 Billion | $35.01 Billion | $1.32 Billion | ▲ +4.2% |
| 2012 | 0.94x | $23.24 Billion | $24.76 Billion | $1.31 Billion | ▲ +168.3% |
| 2011 | 0.35x | $5.38 Billion | $15.38 Billion | $1.30 Billion | ▼ -63.7% |
| 2010 | 0.96x | $39.11 Billion | $40.61 Billion | $1.20 Billion | ▼ -1.8% |
| 2008 | 0.98x | $72.02 Billion | $73.42 Billion | $1.40 Billion | ▲ +31.9% |
| 2003 | 0.74x | $1.75 Billion | $2.35 Billion | $603.00 Million | ▼ -25.6% |
| 1998 | 1.00x | $15.37 Billion | $15.37 Billion | $0.00 | ▲ +0.0% |
| 1996 | 1.00x | $2.21 Billion | $2.21 Billion | $152.00 Million | ▲ +0.0% |
| 1995 | 1.00x | $1.48 Billion | $1.48 Billion | $0.00 | ▲ +0.0% |
| 1994 | 1.00x | $2.89 Billion | $2.89 Billion | $0.00 | ▲ +0.0% |
| 1993 | 1.00x | $1.35 Billion | $1.35 Billion | $0.00 | ▲ +1.4% |
| 1992 | 0.99x | $4.73 Billion | $4.80 Billion | $66.30 Million | — |