Morgan Stanley MS-PF NYSE

Morgan Stanley (MS-PF) generated $49B in operating cash flow for fiscal year 2025. After capital expenditures of $2.9B, free cash flow was $46.1B.

Free cash flow margin was 40.1% of revenue. Cash conversion ratio was 2.91x, indicating earnings are backed by cash.

The company returned $6.59B in dividends and $5.84B in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (17/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (73/100, Pass) — $46.1B (40.1% FCF margin) supports a durable competitive advantage
• INCOME (55/100) — Cash conversion ratio was 2.91x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 61/100 with 3/7 criteria passed.