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Side-by-side financial comparison of CGI INC (GIB) and Morgan Stanley (MS). Click either name above to swap in a different company.

Morgan Stanley is the larger business by last-quarter revenue ($17.9B vs $11.0B, roughly 1.6× CGI INC).

CGI Inc. is a Canadian multinational information technology consulting and software development company headquartered in Montreal, Quebec, Canada. CGI went public in 1986 with a primary listing on the Toronto Stock Exchange. CGI is also a constituent of the S&P/TSX 60 and has a secondary listing on the New York Stock Exchange.

Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 61 in the 2023 Fortune 500 list of the largest United States corporations by total revenue and in the same year ranked No. 30 in the Forbes Global 2000.

GIB vs MS — Head-to-Head

Bigger by revenue
MS
MS
1.6× larger
MS
$17.9B
$11.0B
GIB

Income Statement — Q3 FY2024 vs Q4 FY2025

Metric
GIB
GIB
MS
MS
Revenue
$11.0B
$17.9B
Net Profit
$4.4B
Gross Margin
Operating Margin
32.2%
Net Margin
24.6%
Revenue YoY
Net Profit YoY
EPS (diluted)
$2.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GIB
GIB
MS
MS
Q4 25
$17.9B
Q3 25
$18.2B
Q2 25
$16.8B
Q1 25
$17.7B
Q3 24
$15.4B
Q2 24
$11.0B
$15.0B
Q1 24
$15.1B
Net Profit
GIB
GIB
MS
MS
Q4 25
$4.4B
Q3 25
$4.6B
Q2 25
$3.5B
Q1 25
$4.3B
Q3 24
$3.2B
Q2 24
$3.1B
Q1 24
$3.4B
Operating Margin
GIB
GIB
MS
MS
Q4 25
32.2%
Q3 25
33.1%
Q2 25
27.5%
Q1 25
31.3%
Q3 24
27.4%
Q2 24
27.1%
Q1 24
29.0%
Net Margin
GIB
GIB
MS
MS
Q4 25
24.6%
Q3 25
25.3%
Q2 25
21.1%
Q1 25
24.3%
Q3 24
20.7%
Q2 24
20.5%
Q1 24
22.5%
EPS (diluted)
GIB
GIB
MS
MS
Q4 25
$2.68
Q3 25
$2.80
Q2 25
$2.13
Q1 25
$2.60
Q3 24
$1.88
Q2 24
$1.82
Q1 24
$2.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GIB
GIB
MS
MS
Cash + ST InvestmentsLiquidity on hand
$111.7B
Total DebtLower is stronger
$341.7B
Stockholders' EquityBook value
$111.6B
Total Assets
$1420.3B
Debt / EquityLower = less leverage
3.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GIB
GIB
MS
MS
Q4 25
$111.7B
Q3 25
$103.7B
Q2 25
$109.1B
Q1 25
$90.7B
Q3 24
$91.1B
Q2 24
$90.2B
Q1 24
$102.3B
Total Debt
GIB
GIB
MS
MS
Q4 25
$341.7B
Q3 25
$324.1B
Q2 25
$320.1B
Q1 25
$297.0B
Q3 24
$291.2B
Q2 24
$269.9B
Q1 24
$266.1B
Stockholders' Equity
GIB
GIB
MS
MS
Q4 25
$111.6B
Q3 25
$110.0B
Q2 25
$108.2B
Q1 25
$106.8B
Q3 24
$103.6B
Q2 24
$100.7B
Q1 24
$99.2B
Total Assets
GIB
GIB
MS
MS
Q4 25
$1420.3B
Q3 25
$1364.8B
Q2 25
$1353.9B
Q1 25
$1300.3B
Q3 24
$1258.0B
Q2 24
$1212.4B
Q1 24
$1228.5B
Debt / Equity
GIB
GIB
MS
MS
Q4 25
3.06×
Q3 25
2.95×
Q2 25
2.96×
Q1 25
2.78×
Q3 24
2.81×
Q2 24
2.68×
Q1 24
2.68×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GIB
GIB
MS
MS
Operating Cash FlowLast quarter
$1.5B
$-2.4B
Free Cash FlowOCF − Capex
$1.4B
FCF MarginFCF / Revenue
12.3%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
-0.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GIB
GIB
MS
MS
Q4 25
$-2.4B
Q3 25
$-3.3B
Q2 25
$11.8B
Q1 25
$-24.0B
Q3 24
Q2 24
$1.5B
Q1 24
$4.4B
Free Cash Flow
GIB
GIB
MS
MS
Q4 25
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
$1.4B
Q1 24
FCF Margin
GIB
GIB
MS
MS
Q4 25
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
12.3%
Q1 24
Capex Intensity
GIB
GIB
MS
MS
Q4 25
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
1.1%
Q1 24
Cash Conversion
GIB
GIB
MS
MS
Q4 25
-0.55×
Q3 25
-0.72×
Q2 25
3.34×
Q1 25
-5.56×
Q3 24
Q2 24
Q1 24
1.28×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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