Market Capitalization & Enterprise Value
Research-grade valuation history for MS. Track market capitalization versus enterprise value to see the impact of net debt and share changes. Use the interactive chart to explore different horizons; the table updates accordingly to support auditability and export.
Market Cap & Enterprise Value
Comparison of market capitalization and enterprise value over time
Market Cap
Market Capitalization = Stock Price × Number of Shares Outstanding. Represents the total value of a company's equity.
200.02B
257.5x increase over period
CAGR: +15.28%
Compound Annual Growth Rate - The mean annual growth rate over time, accounting for compounding effects.
Enterprise Value
Enterprise Value = Market Cap + Total Debt - Cash and Cash Equivalents. Represents the total value of a company including its debt.
484.77B
427.2x increase over period
CAGR: +16.79%
Compound Annual Growth Rate - The mean annual growth rate over time, accounting for compounding effects.
Market Cap History
Enterprise Value Data
| Date | Market Cap | Enterprise Value | Stock Price | Shares |
|---|---|---|---|---|
| Dec 31, 2024 | 200.02B | 484.77B | $125.72 | 1.59B |
| Dec 31, 2023 | 151.81B | 432.19B | $93.25 | 1.63B |
| Dec 31, 2022 | 143.77B | 359.77B | $85.02 | 1.69B |
| Dec 31, 2021 | 175.22B | 393.73B | $98.16 | 1.78B |
| Dec 31, 2020 | 109.85B | 325.93B | $68.53 | 1.60B |
| Dec 31, 2019 | 82.66B | 294.53B | $51.12 | 1.62B |
| Dec 31, 2018 | 67.72B | 264.77B | $39.65 | 1.71B |
| Dec 31, 2017 | 104.11B | 318.22B | $52.47 | 1.98B |
| Dec 31, 2016 | 78.12B | 286.46B | $42.25 | 1.85B |
| Dec 31, 2015 | 60.73B | 228.06B | $31.81 | 1.91B |
| Dec 31, 2014 | 74.65B | 224.32B | $38.80 | 1.92B |
| Dec 31, 2013 | 59.77B | 276.95B | $31.36 | 1.91B |
| Dec 31, 2012 | 36.06B | 268.82B | $19.12 | 1.89B |
| Dec 31, 2011 | 25.04B | 331.07B | $15.13 | 1.65B |
| Dec 31, 2010 | 37.05B | 405.27B | $27.21 | 1.36B |
| Dec 31, 2009 | 35.09B | 411.81B | $29.60 | 1.19B |
| Nov 30, 2008 | 11.67B | 239.32B | $11.35 | 1.03B |
| Nov 30, 2007 | 52.82B | 416.31B | $52.72 | 1.00B |
| Nov 30, 2006 | 65.40B | 582.50B | $64.74 | 1.01B |
| Nov 30, 2005 | 50.01B | 461.37B | $47.63 | 1.05B |
| Nov 30, 2004 | 46.60B | 580.33B | $43.14 | 1.08B |
| Nov 30, 2003 | 51.72B | 280.70B | $48.03 | 1.08B |
| Nov 30, 2002 | 41.65B | 384.37B | $38.45 | 1.08B |
| Nov 30, 2001 | 51.24B | 309.46B | $47.18 | 1.09B |
| Nov 30, 2000 | 59.03B | 281.50B | $53.87 | 1.10B |
| Nov 30, 1999 | 56.23B | 277.17B | $51.27 | 1.10B |
| Nov 30, 1998 | 34.08B | 220.09B | $29.59 | 1.15B |
| Nov 30, 1997 | 27.44B | 216.07B | $23.85 | 1.15B |
| Dec 31, 1996 | 8.90B | 34.53B | $14.08 | 632.43M |
| Dec 31, 1995 | 7.48B | 24.01B | $10.04 | 744.70M |
| Dec 31, 1994 | 5.44B | 18.16B | $7.20 | 756.02M |
| Jan 31, 1993 | 1.03B | 65.13B | $6.59 | 155.59M |
| Dec 31, 1991 | 991.60M | 49.71B | $6.59 | 150.47M |
| Dec 31, 1990 | 976.80M | 43.07B | $6.59 | 148.22M |
| Dec 31, 1989 | 995.54M | 45.69B | $6.59 | 151.07M |
| Dec 31, 1988 | 973.37M | 1.79B | $6.59 | 147.70M |
| Dec 31, 1987 | 1.01B | 1.60B | $6.59 | 153.93M |
| Dec 31, 1986 | 936.16M | 1.48B | $6.59 | 142.06M |
| Dec 31, 1985 | 776.73M | 1.13B | $6.59 | 117.86M |
Enterprise Value Analysis
Price Change (Dec 2023 to Dec 2024)
The stock price has increased from Dec 2023 to Dec 2024.
+34.82%
Recent Volatility
The stock price has been relatively volatile over the last 5 periods, indicating a higher risk profile.
0.22
Risk-Adjusted Return
The stock offers a reasonable return for its level of risk.
0.84
Market Cap Change (Dec 2023 to Dec 2024)
The company's market capitalization has increased from Dec 2023 to Dec 2024.
+31.76%
Enterprise Value Change (Dec 2023 to Dec 2024)
The company's enterprise value has increased from Dec 2023 to Dec 2024, suggesting growth in the company's total economic value.
+12.17%
Market Cap vs. Enterprise Value
A lower enterprise value growth rate compared to market cap growth could suggest that the company is reducing debt or increasing cash reserves.
Market Cap Growth > EV Growth
Market Cap CAGR
The Compound Annual Growth Rate (CAGR) of market capitalization represents the mean annual growth rate over the entire available history (40 periods), accounting for compounding effects.
15.28%
Enterprise Value CAGR
The Compound Annual Growth Rate (CAGR) of enterprise value represents the mean annual growth rate over the entire available history (40 periods), accounting for compounding effects.
16.79%