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Stock Comparison

MET vs MS

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
MET
MetLife, Inc.

Insurance - Life

Financial ServicesNYSE • US
Market Cap$52.27B
5Y Perf.+122.6%
MS
Morgan Stanley

Financial - Capital Markets

Financial ServicesNYSE • US
Market Cap$307.53B
5Y Perf.+337.3%

MET vs MS — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
MET logoMET
MS logoMS
IndustryInsurance - LifeFinancial - Capital Markets
Market Cap$52.27B$307.53B
Revenue (TTM)$76.13B$103.14B
Net Income (TTM)$3.38B$16.18B
Gross Margin25.6%55.6%
Operating Margin6.1%17.1%
Forward P/E8.2x16.3x
Total Debt$20.18B$360.49B
Cash & Equiv.$22.03B$75.74B

MET vs MSLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

MET
MS
StockMay 20May 26Return
MetLife, Inc. (MET)100222.6+122.6%
Morgan Stanley (MS)100437.3+337.3%

Price return only. Dividends and distributions are not included.

Quick Verdict: MET vs MS

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: MS leads in 4 of 7 categories, making it the strongest pick for growth and revenue expansion and profitability and margin quality. MetLife, Inc. is the stronger pick specifically for valuation and capital efficiency and capital preservation and lower volatility. As sector peers, any of these can serve as alternatives in the same allocation.
MET
MetLife, Inc.
The Insurance Pick

MET is the clearest fit if your priority is income & stability and sleep-well-at-night.

  • Dividend streak 13 yrs, beta 1.09, yield 2.8%
  • Lower volatility, beta 1.09, Low D/E 69.8%, current ratio 0.65x
  • Beta 1.09, yield 2.8%, current ratio 0.65x
Best for: income & stability and sleep-well-at-night
MS
Morgan Stanley
The Banking Pick

MS carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.

  • Rev growth 16.8%, EPS growth 53.5%
  • 7.4% 10Y total return vs MET's 156.8%
  • 16.8% NII/revenue growth vs MET's 10.2%
Best for: growth exposure and long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthMS logoMS16.8% NII/revenue growth vs MET's 10.2%
ValueMET logoMETLower P/E (8.2x vs 16.3x)
Quality / MarginsMS logoMS13.0% margin vs MET's 4.4%
Stability / SafetyMET logoMETBeta 1.09 vs MS's 1.37, lower leverage
DividendsMET logoMET2.8% yield, 13-year raise streak, vs MS's 2.0%
Momentum (1Y)MS logoMS+66.7% vs MET's +7.9%
Efficiency (ROA)MS logoMS1.2% ROA vs MET's 0.5%, ROIC 2.9% vs 13.1%

MET vs MS — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

METMetLife, Inc.
FY 2025
Prepaid legal plans and administrative-only contracts
26.1%$637M
Vision fee for service arrangements
23.0%$561M
Other revenue from service contracts from customers
17.7%$432M
Fee-based investment management services
15.1%$369M
Administrative Service
12.1%$295M
Distribution Service
5.8%$142M
MSMorgan Stanley
FY 2024
Wealth Management Segment
45.6%$28.4B
Institutional Securities Segment
45.0%$28.1B
Investment Management Segment
9.4%$5.9B

MET vs MS — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLMETLAGGINGMS

Income & Cash Flow (Last 12 Months)

MS leads this category, winning 4 of 5 comparable metrics.

MS and MET operate at a comparable scale, with $103.1B and $76.1B in trailing revenue. MS is the more profitable business, keeping 13.0% of every revenue dollar as net income compared to MET's 4.4%.

MetricMET logoMETMetLife, Inc.MS logoMSMorgan Stanley
RevenueTrailing 12 months$76.1B$103.1B
EBITDAEarnings before interest/tax$5.7B$26.3B
Net IncomeAfter-tax profit$3.4B$16.2B
Free Cash FlowCash after capex$18.1B-$6.7B
Gross MarginGross profit ÷ Revenue+25.6%+55.6%
Operating MarginEBIT ÷ Revenue+6.1%+17.1%
Net MarginNet income ÷ Revenue+4.4%+13.0%
FCF MarginFCF ÷ Revenue+23.8%-2.0%
Rev. Growth (YoY)Latest quarter vs prior year+29.1%
EPS Growth (YoY)Latest quarter vs prior year-34.3%+48.9%
MS leads this category, winning 4 of 5 comparable metrics.

Valuation Metrics

MET leads this category, winning 5 of 5 comparable metrics.

At 16.7x trailing earnings, MET trades at a 31% valuation discount to MS's 24.3x P/E. On an enterprise value basis, MET's 8.8x EV/EBITDA is more attractive than MS's 26.0x.

MetricMET logoMETMetLife, Inc.MS logoMSMorgan Stanley
Market CapShares × price$52.3B$307.5B
Enterprise ValueMkt cap + debt − cash$50.4B$592.3B
Trailing P/EPrice ÷ TTM EPS16.70x24.31x
Forward P/EPrice ÷ next-FY EPS est.8.19x16.28x
PEG RatioP/E ÷ EPS growth rate2.73x
EV / EBITDAEnterprise value multiple8.81x26.03x
Price / SalesMarket cap ÷ Revenue0.68x2.98x
Price / BookPrice ÷ Book value/share1.84x2.95x
Price / FCFMarket cap ÷ FCF2.89x
MET leads this category, winning 5 of 5 comparable metrics.

Profitability & Efficiency

MET leads this category, winning 6 of 9 comparable metrics.

MS delivers a 14.6% return on equity — every $100 of shareholder capital generates $15 in annual profit, vs $12 for MET. MET carries lower financial leverage with a 0.70x debt-to-equity ratio, signaling a more conservative balance sheet compared to MS's 3.42x. On the Piotroski fundamental quality scale (0–9), MET scores 8/9 vs MS's 5/9, reflecting strong financial health.

MetricMET logoMETMetLife, Inc.MS logoMSMorgan Stanley
ROE (TTM)Return on equity+11.9%+14.6%
ROA (TTM)Return on assets+0.5%+1.2%
ROICReturn on invested capital+13.1%+2.9%
ROCEReturn on capital employed+1.0%+3.8%
Piotroski ScoreFundamental quality 0–985
Debt / EquityFinancial leverage0.70x3.42x
Net DebtTotal debt minus cash-$1.8B$284.7B
Cash & Equiv.Liquid assets$22.0B$75.7B
Total DebtShort + long-term debt$20.2B$360.5B
Interest CoverageEBIT ÷ Interest expense5.39x0.44x
MET leads this category, winning 6 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

MS leads this category, winning 6 of 6 comparable metrics.

A $10,000 investment in MS five years ago would be worth $24,217 today (with dividends reinvested), compared to $13,534 for MET. Over the past 12 months, MS leads with a +66.7% total return vs MET's +7.9%. The 3-year compound annual growth rate (CAGR) favors MS at 34.3% vs MET's 17.3% — a key indicator of consistent wealth creation.

MetricMET logoMETMetLife, Inc.MS logoMSMorgan Stanley
YTD ReturnYear-to-date+0.5%+7.4%
1-Year ReturnPast 12 months+7.9%+66.7%
3-Year ReturnCumulative with dividends+61.5%+142.1%
5-Year ReturnCumulative with dividends+35.3%+142.2%
10-Year ReturnCumulative with dividends+156.8%+739.4%
CAGR (3Y)Annualised 3-year return+17.3%+34.3%
MS leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

Evenly matched — MET and MS each lead in 1 of 2 comparable metrics.

MET is the less volatile stock with a 1.09 beta — it tends to amplify market swings less than MS's 1.37 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MS currently trades 99.2% from its 52-week high vs MET's 95.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricMET logoMETMetLife, Inc.MS logoMSMorgan Stanley
Beta (5Y)Sensitivity to S&P 5001.09x1.37x
52-Week HighHighest price in past year$83.64$194.83
52-Week LowLowest price in past year$67.33$117.21
% of 52W HighCurrent price vs 52-week peak+95.8%+99.2%
RSI (14)Momentum oscillator 0–10066.361.2
Avg Volume (50D)Average daily shares traded3.5M5.4M
Evenly matched — MET and MS each lead in 1 of 2 comparable metrics.

Analyst Outlook

MET leads this category, winning 2 of 2 comparable metrics.

Wall Street rates MET as "Buy" and MS as "Buy". Consensus price targets imply 20.4% upside for MET (target: $97) vs 6.5% for MS (target: $206). For income investors, MET offers the higher dividend yield at 2.83% vs MS's 1.97%.

MetricMET logoMETMetLife, Inc.MS logoMSMorgan Stanley
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$96.50$205.75
# AnalystsCovering analysts3352
Dividend YieldAnnual dividend ÷ price+2.8%+2.0%
Dividend StreakConsecutive years of raises1311
Dividend / ShareAnnual DPS$2.27$3.81
Buyback YieldShare repurchases ÷ mkt cap+7.4%+1.4%
MET leads this category, winning 2 of 2 comparable metrics.
Key Takeaway

MET leads in 3 of 6 categories (Valuation Metrics, Profitability & Efficiency). MS leads in 2 (Income & Cash Flow, Total Returns). 1 tied.

Best OverallMetLife, Inc. (MET)Leads 3 of 6 categories
Loading custom metrics...

MET vs MS: Frequently Asked Questions

10 questions · data-driven answers · updated daily

01

Is MET or MS a better buy right now?

For growth investors, Morgan Stanley (MS) is the stronger pick with 16.

8% revenue growth year-over-year, versus 10. 2% for MetLife, Inc. (MET). MetLife, Inc. (MET) offers the better valuation at 16. 7x trailing P/E (8. 2x forward), making it the more compelling value choice. Analysts rate MetLife, Inc. (MET) a "Buy" — based on 33 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — MET or MS?

On trailing P/E, MetLife, Inc.

(MET) is the cheapest at 16. 7x versus Morgan Stanley at 24. 3x. On forward P/E, MetLife, Inc. is actually cheaper at 8. 2x.

03

Which is the better long-term investment — MET or MS?

Over the past 5 years, Morgan Stanley (MS) delivered a total return of +142.

2%, compared to +35. 3% for MetLife, Inc. (MET). Over 10 years, the gap is even starker: MS returned +739. 4% versus MET's +156. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — MET or MS?

By beta (market sensitivity over 5 years), MetLife, Inc.

(MET) is the lower-risk stock at 1. 09β versus Morgan Stanley's 1. 37β — meaning MS is approximately 26% more volatile than MET relative to the S&P 500. On balance sheet safety, MetLife, Inc. (MET) carries a lower debt/equity ratio of 70% versus 3% for Morgan Stanley — giving it more financial flexibility in a downturn.

05

Which is growing faster — MET or MS?

By revenue growth (latest reported year), Morgan Stanley (MS) is pulling ahead at 16.

8% versus 10. 2% for MetLife, Inc. (MET). On earnings-per-share growth, the picture is similar: Morgan Stanley grew EPS 53. 5% year-over-year, compared to -19. 2% for MetLife, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — MET or MS?

Morgan Stanley (MS) is the more profitable company, earning 13.

0% net margin versus 4. 4% for MetLife, Inc. — meaning it keeps 13. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MS leads at 17. 1% versus 6. 0% for MET. At the gross margin level — before operating expenses — MS leads at 55. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is MET or MS more undervalued right now?

On forward earnings alone, MetLife, Inc.

(MET) trades at 8. 2x forward P/E versus 16. 3x for Morgan Stanley — 8. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for MET: 20. 4% to $96. 50.

08

Which pays a better dividend — MET or MS?

All stocks in this comparison pay dividends.

MetLife, Inc. (MET) offers the highest yield at 2. 8%, versus 2. 0% for Morgan Stanley (MS).

09

Is MET or MS better for a retirement portfolio?

For long-horizon retirement investors, Morgan Stanley (MS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (2.

0% yield, +739. 4% 10Y return). Both have compounded well over 10 years (MS: +739. 4%, MET: +156. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between MET and MS?

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: MET is a mid-cap deep-value stock; MS is a large-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

Find Stocks Like These

Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.

Stocks Like

MET

High-Growth Disruptor

  • Sector: Financial Services
  • Market Cap > $100B
  • Revenue Growth > 14%
  • Gross Margin > 15%
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MS

High-Growth Compounder

  • Sector: Financial Services
  • Market Cap > $100B
  • Revenue Growth > 8%
  • Net Margin > 7%
Run This Screen
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Beat Both

Find stocks that outperform MET and MS on the metrics below

Revenue Growth>
%
(MET: 29.1% · MS: 16.8%)
Net Margin>
%
(MET: 4.4% · MS: 13.0%)
P/E Ratio<
x
(MET: 16.7x · MS: 24.3x)

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