BN vs. MS: Brookfield vs. Morgan Stanley Stock Comparison

November 11, 2026

How do Brookfield (BN) and Morgan Stanley (MS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Brookfield (BN) and Morgan Stanley (MS) both belong to the Capital Markets industry, though BN is classified under Asset Management & Custody Banks while MS falls under Investment Banking & Brokerage.

Company profile comparison for Brookfield (BN) and Morgan Stanley (MS)
Profile Item	BN	MS
Name	Brookfield Corporation	Morgan Stanley Common Stock
Country/Region	Canada	United States
GICS Sector	Financials	Financials
GICS Industry Group	Financial Services	Financial Services
GICS Industry	Capital Markets	Capital Markets
GICS Sub-Industry	Asset Management & Custody Banks	Investment Banking & Brokerage
Market Capitalization	92.37 billion USD	283.60 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	December 30, 1983	February 23, 1993
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

GSPC

Brookfield (BN) vs. Morgan Stanley (MS), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Brookfield (BN) and Morgan Stanley (MS). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Brookfield (BN) and Morgan Stanley (MS). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Brookfield (BN) and Morgan Stanley (MS)
Metric	BN	MS
Total Return (1Y)	-5.98%	19.44%
Total Return (3Y, Annualized)	26.70%	40.69%
Total Return (5Y, Annualized)	6.17%	17.38%

Risk Profile

Drawdown History

GSPC

Brookfield (BN) vs. Morgan Stanley (MS), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Brookfield (BN) and Morgan Stanley (MS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Brookfield (BN) and Morgan Stanley (MS)
Metric	BN	MS
Volatility (1Y, Annualized)	29.18%	29.73%
Beta (5Y)	1.49	1.21
Max Drawdown (5Y)	-41.29%	-32.38%
Avg. Volume (3M)	4.91M	5.37M

Risk-Adjusted Performance

Risk-Return Positioning

BN and MS are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Brookfield (BN) and Morgan Stanley (MS)
Metric	BN	MS
Sharpe Ratio (1Y)	-0.35	0.51
Sortino Ratio (1Y)	-0.50	0.73

Profitability

ROE (TTM)

Morgan Stanley (MS) at 18.04% is around its peer norm for ROE, while Brookfield (BN) at 2.26% drops into the bottom quartile, signaling weaker returns on shareholders’ equity.

BN

Financial Services industry group

2.26%

Max: 44.78%
Q3: 21.85%
Median: 12.91%
Q1: 4.48%
BN: 2.26%
Min: -18.71%

MS

Financial Services industry group

18.04%

Max: 44.78%
Q3: 21.85%
MS: 18.04%
Median: 12.91%
Q1: 4.48%
Min: -18.71%

Brookfield (BN) vs. Morgan Stanley (MS): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

Morgan Stanley (MS) at 25.63% keeps about the industry-typical share of revenue as profit, while Brookfield (BN) at 1.77% retains only a bottom-quartile share.

BN

Financial Services industry group

1.77%

Max: 62.84%
Q3: 28.05%
Median: 15.36%
Q1: 4.82%
BN: 1.77%
Min: -28.52%

MS

Financial Services industry group

25.63%

Max: 62.84%
Q3: 28.05%
MS: 25.63%
Median: 15.36%
Q1: 4.82%
Min: -28.52%

Brookfield (BN) vs. Morgan Stanley (MS): A comparison of their net margin against the Financial Services industry group benchmark.

Operating Margin (TTM)

Both Brookfield (BN) at 25.67% and Morgan Stanley (MS) at 39.00% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

BN

Financial Services industry group

25.67%

Max: 107.33%
Q3: 55.90%
Median: 30.09%
BN: 25.67%
Q1: 14.60%
Min: -44.34%

MS

Financial Services industry group

39.00%

Max: 107.33%
Q3: 55.90%
MS: 39.00%
Median: 30.09%
Q1: 14.60%
Min: -44.34%

Brookfield (BN) vs. Morgan Stanley (MS): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for Brookfield (BN) and Morgan Stanley (MS)
Metric	BN	MS
ROE (TTM)	2.26%	18.04%
ROA (TTM)	2.66%	1.35%
Net Margin (TTM)	1.77%	25.63%
Operating Margin (TTM)	25.67%	39.00%
Gross Margin (TTM)	--	--

Growth

Revenue Growth

Morgan Stanley (MS) at 14.48% is around its peer norm for revenue growth, while Brookfield (BN) at -12.68% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Brookfield (BN) vs. Morgan Stanley (MS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Brookfield (BN) at 137.06% sits in the top EPS growth quartile, while Morgan Stanley (MS) at 28.43% is closer to the peer norm — faster per-share earnings growth for BN.

Brookfield (BN) vs. Morgan Stanley (MS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Brookfield (BN) and Morgan Stanley (MS)
Metric	BN	MS
Revenue Growth (YoY)	-12.68%	14.48%
Revenue Growth (3Y CAGR)	-6.80%	9.52%
EPS Growth (YoY)	137.06%	28.43%
EPS Growth (3Y CAGR)	-25.60%	18.41%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Brookfield (BN) in Financial Services and Morgan Stanley (MS) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for both: Brookfield (BN) in Financial Services and Morgan Stanley (MS) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Financial strength metrics for Brookfield (BN) and Morgan Stanley (MS)
Metric	BN	MS
Current Ratio (MRQ)	--	--
Debt / Equity (MRQ)	--	--
Net Debt / EBITDA	--	--

Dividends

Dividend Yield (TTM)

Both Brookfield (BN) at 0.62% and Morgan Stanley (MS) at 2.40% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

BN

Financial Services industry group

0.62%

Max: 9.77%
Q3: 3.92%
Median: 1.09%
BN: 0.62%
Q1: 0.00%
Min: 0.00%

MS

Financial Services industry group

2.40%

Max: 9.77%
Q3: 3.92%
MS: 2.40%
Median: 1.09%
Q1: 0.00%
Min: 0.00%

Brookfield (BN) vs. Morgan Stanley (MS): A comparison of their dividend yield against the Financial Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both Brookfield (BN) at 48.15% and Morgan Stanley (MS) at 32.91% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

BN

Financial Services industry group

48.15%

Max: 241.07%
Q3: 97.36%
BN: 48.15%
Median: 25.77%
Q1: 0.00%
Min: 0.00%

MS

Financial Services industry group

32.91%

Max: 241.07%
Q3: 97.36%
MS: 32.91%
Median: 25.77%
Q1: 0.00%
Min: 0.00%

Brookfield (BN) vs. Morgan Stanley (MS): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for Brookfield (BN) and Morgan Stanley (MS)
Metric	BN	MS
Dividend Yield (TTM)	0.62%	2.40%
Dividend Payout Ratio (TTM)	48.15%	32.91%

Valuation

P/E Ratio (TTM)

Morgan Stanley (MS) at 14.39 is near its industry’s usual P/E ratio, while Brookfield (BN) at 76.63 sits above its peer range — an unusually expensive price for BN’s trailing earnings.

BN

Financial Services industry group

76.63

BN: 76.63
Max: 45.85
Q3: 24.64
Median: 15.37
Q1: 9.68
Min: 0.16

MS

Financial Services industry group

14.39

Max: 45.85
Q3: 24.64
Median: 15.37
MS: 14.39
Q1: 9.68
Min: 0.16

Brookfield (BN) vs. Morgan Stanley (MS): A comparison of their P/E ratio against the Financial Services industry group benchmark.

P/S Ratio (TTM)

Brookfield (BN) at 1.14 sits in the cheaper P/S ratio quartile while Morgan Stanley (MS) at 3.55 prices around its industry’s middle — BN costs less per dollar of sales, though read it alongside growth and margins.

BN

Financial Services industry group

1.14

Max: 9.23
Q3: 4.57
Median: 2.72
Q1: 1.28
BN: 1.14
Min: -0.55

MS

Financial Services industry group

3.55

Max: 9.23
Q3: 4.57
MS: 3.55
Median: 2.72
Q1: 1.28
Min: -0.55

Brookfield (BN) vs. Morgan Stanley (MS): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Brookfield (BN) at 2.18 and Morgan Stanley (MS) at 2.65 are valued close to their industries’ norm against book — neither stands out from peers.

BN

Financial Services industry group

2.18

Max: 7.79
Q3: 3.63
BN: 2.18
Median: 1.57
Q1: 0.81
Min: -0.39

MS

Financial Services industry group

2.65

Max: 7.79
Q3: 3.63
MS: 2.65
Median: 1.57
Q1: 0.81
Min: -0.39

Brookfield (BN) vs. Morgan Stanley (MS): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for Brookfield (BN) and Morgan Stanley (MS)
Metric	BN	MS
P/E Ratio (TTM)	76.63	14.39
P/S Ratio (TTM)	1.14	3.55
P/B Ratio (MRQ)	2.18	2.65
Free Cash Flow Yield (TTM)	--	--