MS vs RJF
Morgan Stanley (MS) and Raymond James Financial (RJF) compared side by side. Morgan Stanley (MS) is larger, with a market cap of $280.9B versus $30.3B for Raymond James Financial, about 9.3 times the size. On trailing earnings, RJF is cheaper at 13.7x versus 14.2x for MS.
Head to head
| Metric | MS | RJF |
|---|---|---|
| Market cap | $280.9B | $30.3B |
| P/E (TTM) | 14.2x | 13.7x |
| Forward P/E | 13.2x | 11.1x |
| Revenue (TTM) | $79.8B | $15.2B |
| Revenue growth | 10.8% | 15.1% |
| Gross margin | 87.3% | 93.2% |
| Operating margin | 39.9% | 19.3% |
| Free cash flow | -$18.6B | $1.4B |
| Dividend yield | 2.56% | 1.37% |
| 1-year return | +15.2% | -3.1% |
| 5-year return (annual) | +15.6% | +10.6% |
| Max drawdown | -88% | -70% |
| FI Handbook grade | C+ | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
MS vs RJF FAQ
Which is bigger, MS or RJF?
Morgan Stanley (MS) is larger, with a market cap of $280.9B versus $30.3B for Raymond James Financial, about 9.3 times the size.
Is MS or RJF cheaper?
On trailing earnings, RJF is cheaper at 13.7x versus 14.2x for MS. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, MS or RJF?
MS returned +15.2% over the past year including dividends, versus -3.1% for RJF, through October 23, 2026.
Which pays a higher dividend, MS or RJF?
MS yields 2.56% versus 1.37% for RJF.
Full pages: Morgan Stanley · Raymond James Financial