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.
OFS
OFS Capital Corporation
There isn't enough reported data to score OFS yet.
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.
OFS Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Stable | |
| N/A | |
| N/A |
OFS's profitability is currently stable, but its revenue is weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like OFS.
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's PE is in its fair range at 15x. If earnings grow as analysts expect, today's price would be 14x next year's earnings.
OFS PE Valuation
OFS has no meaningful PE right now: it lost money over the past year.
MS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for MS, with profitability improving.
OFS Forward outlook
There aren't enough analyst estimates for OFS to show an outlook.
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 has the stronger earnings trend. Trailing diluted EPS is up 29% for MS versus OFS down 266%.
OFS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2022 | $1.27 | -67% |
| Q2 2022 | $1.92 | -53% |
| Q1 2022 | $4.54 | +52% |
| Q4 2021 | $4.23 | +1467% |
| Q3 2021 | $3.81 | +$4.34 |
| Q2 2021 | $4.08 | +$5.73 |
| Q1 2021 | $2.98 | +$4.95 |
| Q4 2020 | $0.27 | -62% |
OFS has swung to a loss: it lost $2.11 per share over the past year, after a profit the year before.
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 has the stronger quarterly revenue trend. Revenue is up 12% for MS versus down 124% for OFS.
| 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.
OFS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2022 | $14.4M | +15% |
| Q4 2021 | $26.5M | +52% |
| Q3 2021 | $18.8M | -21% |
| Q2 2021 | $27.9M | +100% |
| Q4 2020 | $17.5M | +182% |
OFS's revenue has slid since its 2021 peak: −$7M last quarter, down 124% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q1 2022 | 58% | +25 points |
| Q4 2021 | 64% | -0.9 points |
| Q3 2021 | 70% | -0.7 points |
| Q2 2021 | 80% | +25 points |
| Q1 2021 | 33% | N/A |
| Q4 2020 | 65% | +54 points |
| Q3 2020 | 71% | N/A |
| Q2 2020 | 55% | N/A |
OFS's operating margin was 58% last quarter, up 25 points from the same quarter a year ago.
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.
OFS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $32.8M | +444% |
| Q2 2026 | $17.4M | +13% |
| Q1 2026 | $21.8M | +666% |
| Q4 2025 | $19.4M | +$28.3M |
| Q3 2025 | $6M | -69% |
| Q2 2025 | $15.4M | +14% |
| Q1 2025 | $2.8M | -69% |
| Q4 2024 | -$8.9M | -126% |
OFS has the edge over MS on cash generation, producing positive trailing cash flow while its opponent burns cash.
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 OFS on shareholder dilution, with a more favorable share count trend.
OFS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | -- |
| 3 years | 0% | -- |
| 5 years | -0.1% | -17.2K shares |
| Available history | +0.2% | +26.6K shares |
OFS has 13M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | $5,000 |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | $5,000 |
| Q4 2020 | — |
| Q3 2020 | — |
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.
OFS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | 11.5x | High |
| Q1 2022 | 5.4x | High |
| Q4 2021 | 5.3x | High |
| Q3 2021 | 6.0x | High |
| Q2 2021 | 5.1x | High |
| Q1 2021 | 6.7x | High |
| Q4 2020 | 69.6x | High |
| Q4 2019 | 34.8x | High |
OFS's net debt is about 11 years of its operating earnings (EBITDA), up from 5.1 years a year ago. Net leverage isn't a meaningful measure for financial services companies like OFS.
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).
OFS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.6 | Neutral |
| Stochastic | 36.0 | Neutral |
OFS's weekly RSI is 47 (neutral) and its Stochastic is 36 (neutral).
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.
OFS PE vs Financial Services Sector
| Metric | OFS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
OFS has no meaningful PE right now: it lost money over the past year.
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 has the edge over OFS on trend strength, trading above more of its moving averages.
OFS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.76 | 3.5% below |
| 20 week MA | $3.68 | 1.4% below |
| 50 week MA | $3.91 | 7.2% below |
| 100 week MA | $5.97 | 39% below |
| 200 week MA | $7.90 | 54% below |
OFS is in a downtrend: it's below all five of its weekly moving averages, and 54% below its 200-week average.
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 OFS on returns for 2026, with the stronger performance.
OFS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.3 | $7.17 | -37% |
| 2021 | $7.17 | $10.7 | +50% |
| 2022 | $10.7 | $10.4 | -3.2% |
| 2023 | $10.4 | $11.7 | +13% |
| 2024 | $11.7 | $7.94 | -32% |
| 2025 | $7.94 | $4.60 | -42% |
| 2026 YTD | $4.60 | $3.63 | -21% |
OFS has finished lower in four of the last six years. It's down 21% so far in 2026.