Morgan Stanley vs Stonex Group
Stonex Group is the larger business, with $132.38bn of revenue in fiscal 2025 against $70.64bn for Morgan Stanley (1.9 times as much). Stonex Group grew faster (32.5% against 14.4%). Morgan Stanley kept more of each dollar of sales as profit: a net margin of 23.9% against 0.2%.
| Latest fiscal year | Morgan StanleyMS, 2025 | Stonex GroupSNEX, 2025 |
|---|---|---|
| Revenue | $70.64bn | $132.38bn |
| Revenue growth | 14.4% | 32.5% |
| Net income | $16.86bn | $306m |
| Operating margin | — | — |
| Net margin | 23.9% | 0.2% |
| Return on equity | 15.6% | 15.0% |
| Free cash flow | — | $4.32bn |
| Cash | $111.69bn | $1.61bn |
| Total debt | $348.94bn | $1.94bn |
| Debt to equity | — | 81.6% |
| Dividend per share | $3.85 | — |
| Dividend yield | 2.3% | — |
| Share buybacks | — | — |
| Employees | 83,000 | 5,400 |
| Market value | $292.41bn | $6.68bn |
| Price vs our value range | — | — |
| Moat score | 72 (Strong) | 38 (Weak) |
| Insider trades, 12 months | 0 buys, 33 sales | 2 buys, 60 sales |