Goldman Sachsvs.Morgan Stanley
GS vs MS · both in Investment banking & trading, part of the Banks, payments & capital markets value chain: Advisory, underwriting and market-making for companies and institutions.
Morgan Stanley is about 1.2× larger than Goldman Sachs by market cap; Goldman Sachs trades at the lower P/E (12.3 vs 14.7); year to date, Morgan Stanley leads (+5.6% vs +0.4%).
Side by side
| GS | MS | |
|---|---|---|
| Market cap | $257B | $296B |
| Price | $895.32 | $190.02 |
| Today | +1.4% | +1.4% |
| Return YTD | +0.4% | +5.6% |
| Return 1Y | +13.7% | +20.4% |
| Since July 13, 2026 | −14.4% | −14.1% |
| P/E | 12.3 | 14.7 |
| P/S | 1.9 | 2.3 |
| P/B | 2.1 | 2.5 |
Data as of 2026-10-09 · updates daily after U.S. close
Since July 13, 2026: the change in the closing price from the first session with a close for both companies. Sectivia records these closes itself, starting June 26, 2026.
The two companies
Goldman SachsGS
Deal advice and underwriting on one side, trading on the other, with asset and wealth management a growing third leg. Earnings rise and fall with deal flow and market activity.
Full GS profile →Morgan StanleyMS
Wealth and asset management now anchor the earnings of what began as a markets and advisory house. The pivot toward steadier fee income was deliberate.
Full MS profile →