MORGAN STANLEY
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $37.95B | $34.63B | $35.16B | $34.28B | $32.49B | $26.18B | $32.23B | $31.23B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $16.10B | $12.17B | $11.24B | $7.27B | $8.99B | $6.49B | $12.99B | $12.61B |
| Operating Margin | 42.4% | 35.1% | 32.0% | 21.2% | 27.7% | 24.8% | 40.3% | 40.4% |
| Interest Expense | $5.70B | $3.32B | $2.74B | $3.68B | $4.43B | $5.90B | $6.88B | $6.41B |
| Pretax Income | $10.40B | $8.85B | $8.50B | $3.59B | $4.56B | $596.0M | $6.11B | $6.20B |
| Income Tax Expense | $4.17B | $2.73B | $2.20B | $-90.0M | $902.0M | $-161.0M | $1.41B | $743.0M |
| Net Income | $6.11B | $5.98B | $6.13B | $3.47B | $2.93B | $68.0M | $4.11B | $4.70B |
| Net Margin | 16.1% | 17.3% | 17.4% | 10.1% | 9.0% | 0.3% | 12.8% | 15.1% |
| EPS (Basic) | $3.14 | $2.98 | $2.97 | $1.64 | $1.39 | $-0.02 | $1.25 | $2.64 |
| EPS (Diluted) | $3.07 | $2.92 | $2.90 | $1.60 | $1.36 | $-0.02 | $1.23 | $2.63 |
| Shares Outstanding (Basic) | 1.78B | 1.85B | 1.91B | 1.92B | 1.91B | 1.89B | 1.65B | 1.36B |
| Shares Outstanding (Diluted) | 1.82B | 1.89B | 1.95B | 1.97B | 1.96B | 1.92B | 1.68B | 1.41B |
| Dividends Per Share | $0.90 | $0.70 | $0.55 | $0.35 | $0.20 | $0.20 | $0.20 | $0.20 |