GS vs MS
Goldman Sachs and Morgan Stanley, both Financial Services
Morgan Stanley is the larger company at $352B against $323B. On trailing earnings GS is the cheaper of the two at a P/E of 13.8 against 15.4, a gap that is only a bargain if the two are growing at similar rates. Over the past year MS returned +21% against +13% for GS.
| Figure | GS | MS |
|---|---|---|
| Last close | $896 | $190 |
| Market cap | $323B | $352B |
| Trailing P/Elower is cheaper for the same earnings, not automatically better | 13.8 | 15.4 |
| Dividend yield | 1.6% | 2.1% |
| 1-year return | +13% | +21% |
| 5-year return | +146% | +112% |
Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.
Goldman Sachs
Revenue of $20B in Q2 2026, net income $6.6B.
Morgan Stanley
Revenue of $21B in Q2 2026, net income $5.6B.
Open these two in the interactive comparison to add more names, change the period or see the correlation.