Morgan Stanley (MS)
S&P 500 · Top 100 by market cap · Financials · data since 1993-02-23 · last close 2026-09-09
Morgan Stanley (MS) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.5 | -8.9 | -1.2 | 16.4 | 9.1 | 0.5 | 0.7 | 1.4 | 0.9 | · | · | · |
| 2025 | 10.8 | -3.8 | -12.3 | -0.3 | 10.9 | 10.0 | 1.8 | 5.6 | 5.6 | 3.8 | 3.5 | 4.6 |
| 2024 | -5.5 | -1.4 | 9.4 | -2.6 | 7.7 | -0.7 | 7.2 | 0.4 | 0.6 | 12.4 | 13.2 | -4.5 |
| 2023 | 15.4 | -0.8 | -9.0 | 3.4 | -9.1 | 4.5 | 8.2 | -7.0 | -4.1 | -12.2 | 12.0 | 17.5 |
| 2022 | 5.2 | -11.5 | -3.7 | -7.0 | 6.9 | -11.7 | 11.9 | 1.1 | -7.3 | 5.0 | 13.3 | -8.7 |
| 2021 | -1.7 | 14.7 | 1.0 | 6.8 | 10.2 | 0.8 | 5.5 | 8.8 | -6.8 | 6.3 | -7.7 | 3.5 |
| 2020 | 2.9 | -13.8 | -24.5 | 17.0 | 12.1 | 9.3 | 1.9 | 6.9 | -7.5 | 0.3 | 28.4 | 10.8 |
| 2019 | 7.4 | -0.8 | 0.5 | 15.1 | -15.7 | 7.7 | 2.5 | -6.9 | 2.8 | 8.7 | 7.5 | 3.3 |
| 2018 | 8.3 | -0.9 | -3.7 | -3.9 | -2.9 | -5.5 | 7.3 | -3.4 | -4.6 | -1.3 | -2.8 | -10.7 |
| 2017 | 1.0 | 7.5 | -6.2 | 1.7 | -3.8 | 6.8 | 5.8 | -3.0 | 5.9 | 4.3 | 3.2 | 1.7 |
| 2016 | -18.2 | -4.6 | 1.3 | 8.8 | 1.1 | -5.1 | 11.3 | 11.6 | 0.0 | 5.3 | 23.2 | 2.1 |
| 2015 | -12.6 | 5.9 | -0.3 | 5.0 | 2.4 | 1.5 | 0.5 | -11.3 | -8.6 | 5.2 | 4.0 | -7.3 |
| 2014 | -5.7 | 4.4 | 1.2 | -0.4 | -0.2 | 4.8 | 0.3 | 6.1 | 0.8 | 1.4 | 0.7 | 10.3 |
| 2013 | 19.5 | -1.1 | -2.5 | 1.0 | 16.9 | -5.7 | 11.6 | -5.3 | 4.6 | 6.8 | 8.9 | 0.2 |
| 2012 | 23.6 | -0.6 | 5.9 | -11.8 | -22.7 | 9.2 | -6.0 | 9.8 | 11.6 | 4.1 | -2.9 | 13.3 |
| 2011 | 8.2 | 0.9 | -8.0 | -4.1 | -7.6 | -4.8 | -3.1 | -21.4 | -22.8 | 31.0 | -16.2 | 2.3 |
| 2010 | -9.4 | 5.2 | 3.9 | 3.4 | -10.3 | -14.4 | 16.5 | -8.5 | -0.0 | 1.0 | -1.6 | 11.2 |
| 2009 | 27.9 | -3.4 | 16.5 | 4.2 | 28.3 | -6.0 | 0.1 | 1.6 | 6.6 | 4.2 | -1.7 | -6.3 |
| 2008 | -6.5 | -14.6 | 8.5 | 7.0 | -9.0 | -18.4 | 10.3 | 3.4 | -43.7 | -23.1 | -15.6 | 8.8 |
| 2007 | 2.0 | -9.5 | 5.1 | 7.0 | 1.2 | -1.4 | -7.9 | -2.4 | 1.0 | 7.2 | -21.6 | 0.7 |
| 2006 | 8.8 | -2.9 | 5.3 | 2.8 | -7.3 | 6.0 | 5.7 | -1.1 | 10.8 | 5.2 | -0.3 | 6.9 |
| 2005 | 1.3 | 0.9 | 1.4 | -7.6 | -7.0 | 7.2 | 1.6 | -4.1 | 6.0 | 1.4 | 3.0 | 1.3 |
| 2004 | 1.0 | 2.7 | -4.1 | -9.9 | 4.1 | -1.4 | -6.1 | 2.8 | -2.8 | 4.2 | -0.7 | 9.4 |
| 2003 | -4.5 | -2.8 | 4.1 | 17.3 | 2.2 | -6.6 | 11.5 | 2.9 | 3.4 | 9.2 | 0.8 | 4.7 |
| 2002 | -1.3 | -10.7 | 16.7 | -16.4 | -4.7 | -5.2 | -5.8 | 5.9 | -20.7 | 15.6 | 16.2 | -11.8 |
| 2001 | 7.3 | -23.2 | -17.9 | 17.9 | 3.5 | -1.2 | -6.5 | -10.8 | -13.1 | 6.1 | 13.4 | 0.8 |
| 2000 | -6.9 | 6.3 | 17.7 | -7.2 | -6.8 | 16.4 | 9.9 | 17.9 | -15.0 | -12.0 | -21.1 | 25.1 |
| 1999 | 22.4 | 4.5 | 10.4 | -0.5 | -2.7 | 6.3 | -11.8 | -4.9 | 3.9 | 24.0 | 9.3 | 18.3 |
| 1998 | -0.9 | 19.6 | 4.4 | 8.5 | -1.0 | 17.1 | -4.5 | -33.3 | -25.7 | 51.4 | 7.1 | 2.0 |
| 1997 | 15.1 | 1.0 | -9.1 | 9.7 | 8.9 | 3.8 | 22.1 | -8.2 | 12.3 | -9.1 | 10.8 | 8.9 |
| 1996 | 15.2 | -0.3 | 6.5 | -4.8 | 9.1 | -3.6 | -10.9 | -1.3 | 10.0 | 7.0 | 16.5 | -3.1 |
| 1995 | 10.3 | 7.8 | 1.6 | 4.0 | 12.5 | -1.1 | 7.5 | 1.8 | 9.8 | -11.6 | 2.8 | -7.8 |
| 1994 | 10.8 | -5.8 | -9.4 | 15.3 | 4.0 | -3.9 | 7.0 | 6.6 | -11.7 | 2.7 | -9.1 | -3.2 |
| 1993 | · | 6.8 | 15.8 | 1.0 | -11.0 | 9.1 | -0.7 | 4.6 | 13.2 | -6.5 | -7.3 | -8.9 |
| Avg | 4.7 | -1.0 | 0.7 | 2.8 | 0.9 | 0.7 | 3.1 | -1.0 | -2.5 | 4.8 | 2.7 | 2.9 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
MS seasonality — average by calendar month
Morgan Stanley has monthly history back to 1993. Its strongest month by median is October — positive in 26 of 33 years, median +4.3%, and higher in 7 of the last 9. February is the soft spot, down in 20 of 34 with a median of -0.8%. Across its full record it has closed 59% of months higher, swings ±10.2% in an average month and has fallen 88.1% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +4.7% | -1.0% | +0.8% | +2.8% | +0.9% | +0.7% | +3.1% | -1.0% | -2.6% | +4.8% | +2.7% | +2.9% |
| Win rate | 67%/33 | 41%/34 | 59%/34 | 62%/34 | 53%/34 | 50%/34 | 71%/34 | 53%/34 | 52%/33 | 79%/33 | 61%/33 | 70%/33 |
Win rate = share of positive months / sample size.
MS risk & extremes
MS drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
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Frequently asked questions
What was Morgan Stanley's best month?+
Morgan Stanley's strongest completed month on record is October 1998, at +51.38%.
What was Morgan Stanley's worst month?+
Its weakest completed month on record is September 2008, at -43.67%.
Is Morgan Stanley up this year?+
Morgan Stanley is up 22.63% year to date, measured from its last close before 1 January.
What is Morgan Stanley's 1-year return?+
+43.89% over the past twelve months, comparing the latest close with the most recent close on or before the same date a year earlier.
What is Morgan Stanley's biggest drawdown?+
The deepest peak-to-trough fall on record is 88.1%, measured on month-end closes since 1993.
Which calendar month is historically best for Morgan Stanley?+
October has the highest average return across every completed October since 1993. An average is not a forecast.
About Morgan Stanley
Morgan Stanley is an S&P 500 company, a financials business worth about $338 billion. It has survived more market cycles than most coins have months — with price receipts on this site going back to 1993. And the long game: $100 at its first close here (1993) would be about $5,825 today.
Did you know?
- Its best month on record was October 1998 at +51.38%; its worst, September 2008 at -43.67%.
- It has closed October in the green 26 out of 33 times — past performance, future shrug.
Trivia for entertainment — the numbers come from our price data; the jokes don't.