MS
Morgan StanleyStock · FinancialsS&P 500 0.4% · US Stock Market 0.3% · Russell 1000 0.3% · Russell 3000 0.3% · MSCI World 0.3% · S&P 500 Equal Weight 0.2% · MSCI ACWI 0.2%$214.38+0.81%
as of market close, Sep 11, 2026
☾ AH — —
How Morgan Stanley uses its cash
Period
FY2024
Where does Morgan Stanley's cash go? This Sankey traces cash from net income through operating cash flow into capex, free cash flow, dividends, buybacks, and debt paydown. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.
Morgan Stanley · FY2024 · year ended 2024-12-31
Each fiscal year from SEC filings. Percentages are share of operating cash flow. Sources (net income + non-cash add-backs) flow into operating cash flow, which splits into capex and free cash flow; free cash flow goes to dividends, buybacks, debt paydown, and what's retained. Annual only. For informational purposes only.