Morgan Stanley Depreciation & Amortization Growth & History (MS)
Morgan Stanley's depreciation and amortization was $4.66B for fiscal 2025.
View full Morgan Stanley company overviewMorgan Stanley annual depreciation and amortization history
| Fiscal year | Period ended | Depreciation and amortization | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.66B | −$503.0M | −9.75% |
| 2024 | 2024-12-31 | $5.16B | $905.0M | +21.26% |
| 2023 | 2023-12-31 | $4.26B | $258.0M | +6.45% |
| 2022 | 2022-12-31 | $4.00B | −$218.0M | −5.17% |
| 2021 | 2021-12-31 | $4.22B | $447.0M | +11.86% |
| 2020 | 2020-12-31 | $3.77B | $1.13B | +42.60% |
| 2019 | 2019-12-31 | $2.64B | $799.0M | +43.33% |
| 2018 | 2018-12-31 | $1.84B | $91.0M | +5.19% |
| 2017 | 2017-12-31 | $1.75B | $17.0M | +0.98% |
| 2016 | 2016-12-31 | $1.74B | $303.0M | +21.14% |
| 2015 | 2015-12-31 | $1.43B | $272.0M | +23.43% |
| 2014 | 2014-12-31 | $1.16B | −$350.0M | −23.16% |
| 2013 | 2013-12-31 | $1.51B | −$70.0M | −4.43% |
| 2012 | 2012-12-31 | $1.58B | $177.0M | +12.61% |
| 2011 | 2011-12-31 | $1.40B | −$15.0M | −1.06% |
| 2010 | 2010-12-31 | $1.42B | $195.0M | +15.93% |
| 2009 | 2009-12-31 | $1.22B | — | — |
| 2008 | 2008-11-30 | $794.0M | $319.0M | +67.16% |
| 2007 | 2007-11-30 | $475.0M | — | — |
Morgan Stanley quarterly depreciation and amortization
| Fiscal quarter | Period ended | Depreciation and amortization | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.20B | −$105.0M | −8.03% |
| Q1 2026 | 2026-03-31 | $714.0M | −$151.0M | −17.46% |
| Q4 2025 | 2025-12-31 | $1.14B | — | — |
| Q3 2025 | 2025-09-30 | $1.35B | $78.0M | +6.14% |
| Q2 2025 | 2025-06-30 | $1.31B | $36.0M | +2.83% |
| Q1 2025 | 2025-03-31 | $865.0M | −$110.0M | −11.28% |
| Q3 2024 | 2024-09-30 | $1.27B | $282.0M | +28.54% |
| Q2 2024 | 2024-06-30 | $1.27B | $349.0M | +37.85% |
| Q1 2024 | 2024-03-31 | $975.0M | $35.0M | +3.72% |
| Q3 2023 | 2023-09-30 | $988.0M | $60.0M | +6.47% |
| Q2 2023 | 2023-06-30 | $922.0M | $1.0M | +0.11% |
| Q1 2023 | 2023-03-31 | $940.0M | −$2.0M | −0.21% |
| Q3 2022 | 2022-09-30 | $928.0M | −$107.0M | −10.34% |
| Q2 2022 | 2022-06-30 | $921.0M | −$136.0M | −12.87% |
| Q1 2022 | 2022-03-31 | $942.0M | $55.0M | +6.20% |
| Q3 2021 | 2021-09-30 | $1.03B | $182.0M | +21.34% |
| Q2 2021 | 2021-06-30 | $1.06B | $371.0M | +54.08% |
| Q1 2021 | 2021-03-31 | $887.0M | $63.0M | +7.65% |
| Q3 2020 | 2020-09-30 | $853.0M | $199.0M | +30.43% |
| Q2 2020 | 2020-06-30 | $686.0M | $11.0M | +1.63% |
| Q1 2020 | 2020-03-31 | $824.0M | $166.0M | +25.23% |
| Q3 2019 | 2019-09-30 | $654.0M | $186.0M | +39.74% |
| Q2 2019 | 2019-06-30 | $675.0M | $158.0M | +30.56% |
| Q1 2019 | 2019-03-31 | $658.0M | $268.0M | +68.72% |
| Q3 2018 | 2018-09-30 | $468.0M | $17.0M | +3.77% |
| Q2 2018 | 2018-06-30 | $517.0M | $62.0M | +13.63% |
| Q1 2018 | 2018-03-31 | $390.0M | −$44.0M | −10.14% |
| Q3 2017 | 2017-09-30 | $451.0M | −$27.0M | −5.65% |
| Q2 2017 | 2017-06-30 | $455.0M | −$9.0M | −1.94% |
| Q1 2017 | 2017-03-31 | $434.0M | $19.0M | +4.58% |
| Q3 2016 | 2016-09-30 | $478.0M | $109.0M | +29.54% |
| Q2 2016 | 2016-06-30 | $464.0M | $131.0M | +39.34% |
| Q1 2016 | 2016-03-31 | $415.0M | $94.0M | +29.28% |
| Q3 2015 | 2015-09-30 | $369.0M | $233.0M | +171.32% |
| Q2 2015 | 2015-06-30 | $333.0M | $47.0M | +16.43% |
| Q1 2015 | 2015-03-31 | $321.0M | −$5.0M | −1.53% |
| Q3 2014 | 2014-09-30 | $136.0M | −$232.0M | −63.04% |
| Q2 2014 | 2014-06-30 | $286.0M | −$70.0M | −19.66% |
| Q1 2014 | 2014-03-31 | $326.0M | −$34.0M | −9.44% |
| Q3 2013 | 2013-09-30 | $368.0M | −$57.0M | −13.41% |
| Q2 2013 | 2013-06-30 | $356.0M | −$62.0M | −14.83% |
| Q1 2013 | 2013-03-31 | $360.0M | −$15.0M | −4.00% |
| Q3 2012 | 2012-09-30 | $425.0M | −$3.0M | −0.70% |
| Q2 2012 | 2012-06-30 | $418.0M | $38.0M | +10.00% |
| Q1 2012 | 2012-03-31 | $375.0M | −$4.0M | −1.06% |
| Q3 2011 | 2011-09-30 | $428.0M | −$218.0M | −33.75% |
| Q2 2011 | 2011-06-30 | $380.0M | −$657.0M | −63.36% |
| Q1 2011 | 2011-03-31 | $379.0M | $225.0M | +146.10% |
| Q3 2010 | 2010-09-30 | $646.0M | $180.0M | +38.63% |
| Q2 2010 | 2010-06-30 | $1.04B | $829.0M | +398.56% |
| Q1 2010 | 2010-03-31 | $154.0M | −$1.0M | −0.65% |
| Q3 2009 | 2009-09-30 | $466.0M | $172.0M | +58.50% |
| Q2 2009 | 2009-06-30 | $208.0M | — | — |
| Q1 2009 | 2009-03-31 | $155.0M | — | — |
| Q3 2008 | 2008-09-30 | $294.0M | — | — |
Morgan Stanley depreciation and amortization trends
Over the last five fiscal years, Morgan Stanley's depreciation and amortization increased from $3.77B to $4.66B, a change of $889.0M. The latest reported quarter, Q2 2026, shows $1.20B.
What depreciation and amortization mean
Depreciation and amortization allocate the cost of tangible and intangible assets over their useful lives. These non-cash expenses reduce reported earnings and are commonly added back when calculating EBITDA and operating cash flow.
Reported depreciation and amortization
TickerStat uses a combined depreciation and amortization value when reported. If a company reports the two components separately for an aligned period, they are added together without duplicating overlapping facts. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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