Morgan StanleyMSNYSE
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Operating Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+7.7%
5Y CAGR+7.9%
Year-over-Year Change

Expenses from normal business operations (SG&A, R&D, etc.)

3Y CAGR
+7.7%/yr
vs +7.9%/yr prior
5Y CAGR
+7.9%/yr
Consistent
Acceleration
-0.2pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.5x
Solid growth
Streak
3 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$44.79B+12.7%
2024$39.76B+3.8%
2023$38.32B+6.9%
2022$35.84B-2.5%
2021$36.74B+19.9%
2020$30.65B+11.1%
2019$27.58B+4.2%
2018$26.48B+4.0%
2017$25.45B+6.6%
2016$23.86B-