MS vs SCHW
Morgan Stanley and Charles Schwab Corporation, both Financial Services
Morgan Stanley is the larger company at $352B against $159B. On trailing earnings MS is the cheaper of the two at a P/E of 15.4 against 17.6, a gap that is only a bargain if the two are growing at similar rates. Over the past year MS returned +21% against +4.7% for SCHW.
| Figure | MS | SCHW |
|---|---|---|
| Last close | $190 | $96.71 |
| Market cap | $352B | $159B |
| Trailing P/Elower is cheaper for the same earnings, not automatically better | 15.4 | 17.6 |
| Dividend yield | 2.1% | 1.1% |
| 1-year return | +21% | +4.7% |
| 5-year return | +112% | +43% |
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.
Morgan Stanley
Revenue of $21B in Q2 2026, net income $5.6B.
Charles Schwab Corporation
Revenue of $7.1B in Q2 2026, net income $2.8B. Its largest reported line is Asset Management And Administration Service, 27% of the disclosed total.
Open these two in the interactive comparison to add more names, change the period or see the correlation.