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.
TIPT
Tiptree Inc.
There isn't enough reported data to score TIPT 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.
TIPT Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| N/A | |
| N/A |
TIPT's profitability is currently healthy. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like TIPT.
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.
TIPT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 1.6x | $17.52 | — |
| Cheap | 8.4x | $92.06 | +425% |
| Fair | 18x | $198 | +1029% |
| Expensive | 30x | $328 | +1775% |
Historical ranges are pointers, not guarantees.
TIPT has the edge over MS in the historical PE scenario, which offers more potential upside but is not a forecast.
MS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for MS, with profitability improving.
TIPT Forward outlook
There aren't enough analyst estimates for TIPT 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'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.
TIPT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $10.91 | +883% |
| Q2 2026 | $10.90 | +758% |
| Q1 2026 | $0.97 | -20% |
| Q4 2025 | $0.76 | -42% |
| Q3 2025 | $1.11 | +13% |
| Q2 2025 | $1.27 | +74% |
| Q1 2025 | $1.21 | +109% |
| Q4 2024 | $1.30 | +294% |
TIPT's earnings per share have jumped to their highest in seven years: $10.91 over the past year, up from $1.11 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 100% for TIPT.
| 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.
TIPT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2025 | $540.3M | +9.3% |
| Q2 2025 | $528.8M | -3.3% |
| Q1 2025 | $497.4M | -0.2% |
| Q4 2024 | $503.6M | +13% |
| Q3 2024 | $494.4M | +19% |
| Q2 2024 | $546.7M | +35% |
| Q1 2024 | $498.2M | +31% |
| Q4 2023 | $446.4M | +21% |
TIPT's revenue has slid since its 2024 peak: $0 last quarter, down 100% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2025 | 7.1% | -0.4 points |
| Q2 2025 | 10% | +2.5 points |
| Q1 2025 | 5.1% | -0.9 points |
| Q4 2024 | 8.4% | +1.6 points |
| Q3 2024 | 7.4% | +2.4 points |
| Q2 2024 | 7.4% | +1.6 points |
| Q1 2024 | 6% | +3.8 points |
| Q4 2023 | 6.7% | 0 points |
TIPT's operating margin was 7.1% last quarter, about level with 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.
TIPT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$182.1M | -237% |
| Q2 2026 | $53M | +164% |
| Q1 2026 | -$18.2M | +$16.3M |
| Q4 2025 | $49.2M | -28% |
| Q3 2025 | $133.4M | +120% |
| Q2 2025 | $20.1M | -56% |
| Q1 2025 | -$34.4M | -156% |
| Q4 2024 | $68.2M | +$91.8M |
TIPT's free cash flow was −$98M over the past year, against $187M the year before. Free cash flow isn't a meaningful measure for financial services companies like TIPT.
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 1.6B diluted shares, down 1.5% from a year ago.
TIPT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.8% | +287K shares |
| 1 year | -2.1% | -796K shares |
| 3 years | +0.3% | +104K shares |
| 5 years | +11% | +3.7M shares |
| Available history | +9.8% | +3.4M shares |
TIPT has the edge over MS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q4 2022 | $73,000 |
| Q3 2022 | $718,000 |
| Q2 2022 | $936,000 |
| Q1 2022 | — |
| Q4 2021 | $5.3M |
| Q3 2021 | — |
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.
TIPT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.6x | Very low |
| Q1 2025 | 0.9x | Very low |
| Q4 2024 | 0.6x | Very low |
| Q3 2024 | -0.1x | Net Cash |
| Q2 2024 | -0.8x | Net Cash |
| Q1 2024 | -0.5x | Net Cash |
| Q4 2023 | -0.6x | Net Cash |
TIPT's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago. Net leverage isn't a meaningful measure for financial services companies like TIPT.
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).
TIPT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.9 | Neutral |
| Stochastic | 46.4 | Neutral |
TIPT's weekly RSI is 50 (neutral) and its Stochastic is 46 (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.
TIPT PE vs Financial Services Sector
| Metric | TIPT | Sector median | Relative |
|---|---|---|---|
| PE | 1.6x | 13x | 88% below |
| PE % | 2 | 63 | 61 pts below |
TIPT has the edge over MS on valuation relative to its sector.
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 TIPT on trend strength, trading above more of its moving averages.
TIPT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.1 | 2.6% above |
| 20 week MA | $17.7 | 0.7% below |
| 50 week MA | $17.5 | 0.2% above |
| 100 week MA | $19.3 | 9.3% below |
| 200 week MA | $18.2 | 3.7% below |
TIPT's trend is mixed: it's above two of its five weekly moving averages, and 3.7% 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 TIPT on returns for 2026, with the stronger performance.
TIPT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $8.04 | $5.00 | -38% |
| 2021 | $5.00 | $13.7 | +174% |
| 2022 | $13.7 | $14.3 | +4.3% |
| 2023 | $14.3 | $19.0 | +33% |
| 2024 | $19.0 | $20.7 | +9.2% |
| 2025 | $20.7 | $18.1 | -13% |
| 2026 YTD | $18.1 | $17.5 | -3.3% |
TIPT has finished higher in four of the last six years. It's down 3.3% so far in 2026.