Standings, 1931-32 season
A win is worth 2 points. A tie (T) is worth 1.
American Division
| # | Team | GP | W | L | T | Points | Goals for | Goals against | Diff |
|---|---|---|---|---|---|---|---|---|---|
| 1 |  New York Rangers y |
48 | 23 | 17 | 8 | 54 | 134 | 112 | +22 |
| 2 |  Chicago Blackhawks x |
48 | 18 | 19 | 11 | 47 | 86 | 101 | -15 |
| 3 |  Detroit Falcons x |
48 | 18 | 20 | 10 | 46 | 95 | 108 | -13 |
| 4 |  Boston Bruins e |
48 | 15 | 21 | 12 | 42 | 122 | 117 | +5 |
Canadian Division
| # | Team | GP | W | L | T | Points | Goals for | Goals against | Diff |
|---|---|---|---|---|---|---|---|---|---|
| 1 |  Montréal Canadiens y |
48 | 25 | 16 | 7 | 57 | 128 | 111 | +17 |
| 2 |  Toronto Maple Leafs  x |
48 | 23 | 18 | 7 | 53 | 155 | 127 | +28 |
| 3 |  Montreal Maroons x |
48 | 19 | 22 | 7 | 45 | 142 | 139 | +3 |
| 4 |  New York Americans e |
48 | 16 | 24 | 8 | 40 | 95 | 142 | -47 |
x Clinched Playoff spot
y Clinched Division
p Presidents' Trophy
z Clinched Conference
e Eliminated from Playoff contention
Stanley Cup champions