BlackRock (BLK) vs Morgan Stanley (MS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Morgan Stanley (MS) has outperformed BlackRock (BLK) over the past year, gaining 21.6% versus a loss of 8.3%. Over five years, MS leads with a +85.7% price change compared with +17.9% for BLK. Morgan Stanley is the larger company by market cap ($297.95 billion vs $173.79 billion), about 1.7 times the size, while BlackRock is growing revenue faster (+89.3% vs +14.4%).
On valuation, Morgan Stanley trades at a lower forward P/E (14.0x vs 16.7x for BlackRock). Morgan Stanley offers the higher dividend yield (2.19% vs 2.05%). Morgan Stanley converts more of its revenue into profit, with a net margin of 23.9% versus 22.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BLK | MS |
|---|---|---|
| Share price | $1,069.63 | $189.71 |
| Market cap | $173.79B | $297.95B |
| 1-day change | -0.91% | -0.69% |
| YTD return | -0.07% | +6.86% |
| 1-year return | -8.28% | +21.63% |
| 5-year return | +17.90% | +85.74% |
| P/E ratio (TTM) | 25.84 | 15.42 |
| Forward P/E | 16.68 | 13.98 |
| EPS (TTM) | $41.40 | $12.30 |
| Dividend yield | 2.05% | 2.19% |
| Annual dividend | $21.88 | $4.15 |
| Revenue (latest FY) | $24.22B | $70.64B |
| Revenue growth (YoY) | +89.28% | +14.38% |
| Net income (latest FY) | $5.55B | $16.86B |
| Operating margin | 29.09% | — |
| Net margin | 22.93% | 23.87% |
| 52-week high | $1,219.94 | $232.25 |
| 52-week low | $917.39 | $151.84 |
| Distance from 52-week high | -12.32% | -18.32% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +23.02% | +18.33% |
| Average volume | 633.36K | 5.14M |
| Shares outstanding | 154.87M | 1.57B |
| Employees | 26,200 | 83,000 |
| Sector | Finance | Finance |
| Industry | Investment Bankers/Brokers/Service | Investment Bankers/Brokers/Service |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- MS has outperformed BLK by 29.9 percentage points over the past year.
- BlackRock trades at a higher earnings multiple (25.8x vs 15.4x trailing P/E).
- BlackRock grew revenue faster in its latest fiscal year (+89.28% vs +14.38%).
About BlackRock
BLK stock →BlackRock, Inc. is a publicly owned investment manager.
Finance · Investment Bankers/Brokers/Service · 26,200 employees
About Morgan Stanley
MS stock →Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Asia, Europe, the Middle East, and Africa. It operates through Institutional Securities, Wealth Management, and Investment Management segments.
Finance · Investment Bankers/Brokers/Service · 83,000 employees
BLK vs MS FAQ
Which is bigger, BlackRock or Morgan Stanley?
Morgan Stanley (MS) is larger, with a market capitalization of $297.95B compared with $173.79B for BlackRock (BLK).
Which stock has performed better over the past year, BLK or MS?
MS returned +21.63% over the past 12 months, compared with -8.28% for BLK (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BLK or MS?
MS has the lower trailing P/E at 15.4, versus 25.8 for BLK. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, BlackRock or Morgan Stanley?
Morgan Stanley has the higher yield at 2.19%, compared with 2.05% for BlackRock.
Are BlackRock and Morgan Stanley in the same industry?
Yes. Both are classified in the Investment Bankers/Brokers/Service industry within the Finance sector.