DB
Deutsche Bank AG
There isn't enough reported data to score DB yet.
MS
Morgan Stanley
MS's fundamentals are strong: revenue grew 16% and earnings per share grew 29%. At 15x earnings, it's trading in line with its usual 14x. Analysts expect earnings growth.
DB Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Strong | |
| N/A | |
| N/A |
DB's profitability is currently strong. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like DB.
MS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
MS's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like MS.
DB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.4x | $16.75 | -54% |
| Fair | 7.2x | $22.14 | -40% |
| Expensive | 11x | $34.17 | -6.8% |
| Current | 12x | $36.65 | — |
Historical ranges are pointers, not guarantees.
DB's PE is 12x, but its earnings don't support one, so it isn't a reliable read right now.
MS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $134 | -29% |
| Fair | 14x | $178 | -5.7% |
| Forward | 14x | $189 | — |
| Current | 15x | $189 | — |
| Expensive | 18x | $223 | +18% |
Historical ranges are pointers, not guarantees.
MS has the edge over DB in the historical PE scenario, which offers more potential upside but is not a forecast.
DB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for DB, with profitability improving.
MS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for MS, with profitability improving.
DB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2023 | $3.08 | +19% |
| Q2 2023 | $2.02 | +28% |
| Q4 2022 | $2.58 | +139% |
| Q4 2019 | -$3.01 | -$3.00 |
| Q4 2018 | -$0.01 | +$0.58 |
| Q4 2017 | -$0.59 | +$0.62 |
DB has the edge over MS in the latest year-over-year earnings comparison.
MS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.39 | +6.3% |
| Q3 2026 | $12.60 | +29% |
| Q2 2026 | $12.37 | +40% |
| Q1 2026 | $11.04 | +29% |
| Q4 2025 | $10.21 | +28% |
| Q3 2025 | $9.76 | +48% |
| Q2 2025 | $8.84 | +45% |
| Q1 2025 | $8.53 | +55% |
| Q4 2024 | $7.95 | +53% |
MS's earnings per share have climbed steadily: $12.60 over the past year, up 29% from the year before, and higher year over year for 10 quarters in a row.
DB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2023 | $18.1B | +34% |
| Q2 2023 | $16.5B | -0.3% |
| Q4 2022 | $13.5B | +3.7% |
| Q2 2022 | $16.5B | +7.9% |
| Q4 2021 | $13B | +2.6% |
| Q2 2021 | $15.3B | +9.8% |
| Q4 2020 | $12.7B | -51% |
| Q2 2020 | $14B | 0% |
DB has the edge over MS in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2023 | 30% | +27 points |
| Q2 2023 | 20% | -2 points |
| Q4 2022 | 11% | +4.7 points |
| Q2 2022 | 28% | +25 points |
| Q4 2021 | 3.8% | +15 points |
| Q2 2021 | 22% | +28 points |
| Q4 2020 | 6.3% | +4.7 points |
| Q2 2020 | 2.3% | -6.1 points |
DB's operating margin was 30% last quarter, up 27 points from the same quarter a year ago, near the top of its range since 2016.
MS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.3B | +12% |
| Q2 2026 | $21.3B | +27% |
| Q1 2026 | $20.6B | +16% |
| Q4 2025 | $17.9B | +10% |
| Q3 2025 | $18.2B | +18% |
| Q2 2025 | $16.8B | +12% |
| Q1 2025 | $17.7B | +17% |
| Q4 2024 | $16.2B | +26% |
MS's revenue has grown year over year for 14 quarters in a row: $20.3B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 32% | -1.2 points |
| Q2 2026 | 34% | +6.9 points |
| Q1 2026 | 34% | +2.8 points |
| Q4 2025 | 32% | +2 points |
| Q3 2025 | 33% | +5.6 points |
| Q2 2025 | 28% | +0.4 points |
| Q1 2025 | 31% | +2.2 points |
| Q4 2024 | 30% | +14 points |
MS's operating margin was 32% last quarter, down 1.2 points from the same quarter a year ago.
DB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2023 | $23.9B | +981% |
| Q2 2023 | -$18.5B | -$14.3B |
| Q4 2022 | $2.2B | +$19.8B |
| Q2 2022 | -$4.2B | -128% |
| Q4 2021 | -$17.6B | -356% |
| Q2 2021 | $14.9B | -44% |
| Q4 2020 | $6.9B | +$52.2B |
| Q2 2020 | $26.7B | +$49.6B |
DB's free cash flow was $3.4B over the past year, down 89% from the year before. Free cash flow isn't a meaningful measure for financial services companies like DB.
MS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$46B | -$42.7B |
| Q2 2026 | -$2.7B | -123% |
| Q1 2026 | -$7.1B | +$16.9B |
| Q4 2025 | -$2.4B | -120% |
| Q3 2025 | -$3.3B | +$14B |
| Q2 2025 | $11.8B | +368% |
| Q1 2025 | -$24B | -650% |
| Q4 2024 | $11.8B | +$29.6B |
MS's free cash flow was −$58.3B over the past year, against −$3.7B the year before. Free cash flow isn't a meaningful measure for financial services companies like MS.
DB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -5.6M shares |
| 1 year | +52% | +716M shares |
DB has 2.1B diluted shares, up 52% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | $499.9M |
| Q2 2023 | $452.1M |
| Q4 2022 | $1.5B |
| Q2 2022 | $772.1M |
| Q4 2021 | $705.4M |
| Q2 2021 | $321.1M |
| Q4 2020 | $26.7M |
| Q2 2020 | $283.3M |
MS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -3M shares |
| 1 year | -1.5% | -24M shares |
| 3 years | -4.7% | -77M shares |
| 5 years | -14% | -246M shares |
| Available history | -4.5% | -74M shares |
MS has the edge over DB on shareholder dilution, with a more favorable share count trend.
DB Net Leverage
MS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 7.8x | High |
| Q2 2026 | 7.3x | High |
| Q1 2026 | 8.2x | High |
| Q4 2025 | 8.6x | High |
| Q3 2025 | 8.4x | High |
| Q2 2025 | 8.7x | High |
| Q1 2025 | 8.7x | High |
| Q4 2024 | 7.9x | High |
MS's net debt is about 7.8 years of its operating earnings (EBITDA), down from 8.4 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MS.
DB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.7 | Neutral |
| Stochastic | 39.4 | Neutral |
DB's weekly RSI is 54 (neutral) and its Stochastic is 39 (neutral).
MS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.0 | Neutral |
| Stochastic | 18.7 | Oversold |
MS's weekly RSI is 45 (neutral) and its Stochastic is 19 (oversold).
DB PE vs Financial Services Sector
| Metric | DB | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 8.5% below |
| PE % | 94 | 63 | 31 pts above |
DB has the edge over MS on valuation relative to its sector.
MS PE vs Financial Services Sector
| Metric | MS | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 13x | 15% above |
| PE % | 59 | 63 | 4 pts below |
MS is trading at 15x earnings, a 15% premium to the Financial Services sector's median of 13x.
DB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $34.3 | 6.9% above |
| 20 week MA | $36.3 | 0.9% above |
| 50 week MA | $35.1 | 4.4% above |
| 100 week MA | $31.6 | 16% above |
| 200 week MA | $22.6 | 62% above |
DB has the edge over MS on trend strength, trading above more of its moving averages.
MS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $186.5 | 1.5% above |
| 20 week MA | $203.3 | 6.9% below |
| 50 week MA | $191.9 | 1.4% below |
| 100 week MA | $164.9 | 15% above |
| 200 week MA | $129.3 | 46% above |
MS's trend is mixed: it's above three of its five weekly moving averages, and 46% above its 200-week average.
DB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $7.69 | $10.9 | +41% |
| 2021 | $10.9 | $12.6 | +16% |
| 2022 | $12.6 | $11.4 | -9.8% |
| 2023 | $11.4 | $13.6 | +19% |
| 2024 | $13.6 | $17.2 | +27% |
| 2025 | $17.2 | $39.7 | +131% |
| 2026 YTD | $39.7 | $36.7 | -7.6% |
DB has finished higher in five of the last six years. It's down 7.6% so far in 2026.
MS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $51.1 | $68.1 | +33% |
| 2021 | $68.1 | $99.3 | +46% |
| 2022 | $99.3 | $86.1 | -13% |
| 2023 | $86.1 | $93.3 | +8.3% |
| 2024 | $93.3 | $126.8 | +36% |
| 2025 | $126.8 | $181.9 | +43% |
| 2026 YTD | $181.9 | $189.2 | +4% |
MS has the edge over DB on returns for 2026, with the stronger performance.