JPMorgan Chase & Co (JPM) vs Morgan Stanley (MS)

A side-by-side look at how these two compare on valuation, profitability and shareholder returns.

JPMorgan Chase & vs Morgan Stanley at a glance

Both companies operate in the Financials sector, so these figures are broadly like-for-like.

MetricJPMMS
Market cap$999.08B$342.13B
Price$357.62$214.77
P/E ratio (TTM)15.6216.72
P/B ratio (MRQ)2.462.53
P/S ratio (TTM)3.192.45
Revenue growth (1Y)3.31%11.48%
Return on equity (TTM)15.74%15.10%
Return on invested capital (TTM)6.62%2.81%
Gross margin (TTM)60.87%57.99%
Net margin (TTM)20.66%15.13%
Dividend yield (TTM)1.68%2.14%

How they differ

JPMorgan Chase & is the larger company at $999.08B versus $342.13B — about 2.9x the size.

On trailing earnings, JPMorgan Chase & is the cheaper of the two at 15.62 against 16.72 for Morgan Stanley.

On sales, Morgan Stanley is the cheaper of the two at 2.45 against 3.19 for JPMorgan Chase &.

Morgan Stanley leads on revenue growth over the past year, 11.48% against 3.31%.

JPMorgan Chase & leads on return on invested capital, 6.62% against 2.81%.

JPMorgan Chase & leads on gross margin, 60.87% against 57.99%.

Morgan Stanley offers the higher yield at 2.14% against 1.68%.

Go deeper

Ratios describe the past. Whether either is worth owning depends on what you pay today.

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