MS vs SCHW
Morgan Stanley (MS) and Charles Schwab (SCHW) compared side by side. Morgan Stanley (MS) is larger, with a market cap of $280.9B versus $156.6B for Charles Schwab, about 1.8 times the size. On trailing earnings, MS is cheaper at 14.2x versus 15.5x for SCHW.
Head to head
| Metric | MS | SCHW |
|---|---|---|
| Market cap | $280.9B | $156.6B |
| P/E (TTM) | 14.2x | 15.5x |
| Forward P/E | 13.2x | 11.6x |
| Revenue (TTM) | $79.8B | $27.1B |
| Revenue growth | 10.8% | 16.9% |
| Gross margin | 87.3% | 97.5% |
| Operating margin | 39.9% | 52.7% |
| Free cash flow | -$18.6B | $10.8B |
| Dividend yield | 2.56% | 1.41% |
| 1-year return | +15.2% | -3.0% |
| 5-year return (annual) | +15.6% | +3.0% |
| Max drawdown | -88% | -87% |
| 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 SCHW FAQ
Which is bigger, MS or SCHW?
Morgan Stanley (MS) is larger, with a market cap of $280.9B versus $156.6B for Charles Schwab, about 1.8 times the size.
Is MS or SCHW cheaper?
On trailing earnings, MS is cheaper at 14.2x versus 15.5x for SCHW. 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 SCHW?
MS returned +15.2% over the past year including dividends, versus -3.0% for SCHW, through October 23, 2026.
Which pays a higher dividend, MS or SCHW?
MS yields 2.56% versus 1.41% for SCHW.
Full pages: Morgan Stanley · Charles Schwab