Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 16.7B | 2.9% |
| Gross Profit | 5.59B | 4.9% |
| Cost of Revenue | 11.1B | 2% |
| Operating expense | 3.52B | 1.1% |
| Net Income | 3.19B | 3.6% |
| EBITDA | 3.35B | 7.1% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 1,258B | 3.8% |
| Total Liabilities | 1,153B | 3.8% |
| Total Equity | 104B | 2.9% |
| Shares Outstanding | 1.61B | 0.4% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | -17.3B | 786.1% |
| Cash from investing | -6.7B | 51% |
| Cash from financing | 23B | 5805% |
EPS
Financial Highlights for Morgan Stanley in Q3 '24
Morgan Stanley reported a revenue of 16.7B, which is a 2.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 5.59B, marking a 4.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 11.1B, a 2% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 3.52B, showing a 1.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 3.19B, showing a 3.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 3.35B, showing a 7.1% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Morgan Stanley with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
