What if you invested $1,000 in Morgan Stanley in 2015? (Inflation-Adjusted)

MS · Financial · Adjusted to 2026 dollars using BLS CPI-U data

Nominal returns can be misleading over long periods. $1,000 in Morgan Stanley in 2015 became $6,605 by 2026. Over those 11 years, cumulative CPI inflation reached 39% (BLS CPI-U). Restating the return in constant purchasing power, the real value of your gain in 2015 dollars is $4,752, a real annualized return of +14.9%.

Nominal final value

$6,605

+560.5% total return

Real value (2015 dollars)

$4,752

+375.2% real total return

Real annualized return

+14.9%

vs. +18.3% nominal annualized

Cumulative CPI-U inflation since 2015: 39% (1 dollar in 2015 = $1.39 in 2026)

Year-by-Year (Inflation-Adjusted)

$1,000 in Morgan Stanley since 2015, values in constant 2015 dollars

Year	Nominal Value	Real Value (2015 $)
2015	$1,000	$1,000
2016	$777	$766
2017	$1,308	$1,261
2018	$1,774	$1,659
2019	$1,356	$1,239
2020	$1,725	$1,551
2021	$2,279	$1,951
2022	$3,569	$2,798
2023	$3,506	$2,649
2024	$3,265	$2,396
2025	$5,369	$3,863
2026	$7,288	$5,244

Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 2015 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.