GS

Goldman Sachs Group
D

GS

Arincen53/100B

If you had invested in Goldman Sachs Group ago, it would be worth $5,491 today, against $4,096 in SPY and $6,368 in QQQ.

ArincenArincen ScoreBeta

53/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash0

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength0

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Goldman Sachs Group key facts

Style
Dividend stock · 6.3/10Growth 5.2 · Value 5.7 · Dividend 6.3
Day range
912.92 – 923.00
52-week range
754.00 – 1,153.99
Market capitalization
264.38B USD
P/E
13.01
PEG ratio
0.99
EPS
70.46
Div Yield
2.18%
EPS growth forecast (FY2026)
+39.3%
Volume
4,572
Beta
1.27
ESG score
67.3/100Environment 70 · Social 68 · Governance 65
Sector
Financial Services
Industry
Financial - Capital Markets
CEO
David Michael Solomon
Employees
48K
IPO date
4 May 1999

Goldman Sachs Group earnings

Next earnings · Q4 FY2026
EPS estimate
15.93 USD
Revenue estimate
17.73B USD
Last quarter · Q3 FY2026
EPS17.01Beat +32.3%Revenue18.68BBeat +11.0%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q1 FY202820.42——+6.85%19.30B——+2.26%
Q4 FY202718.53——+16.31%18.57B——+4.73%
Q1 FY202719.11——+8.90%18.87B——+9.54%
Q4 FY202615.93——+13.70%17.73B——+31.80%
Q3 FY202612.8617.01+32.27%+38.86%16.83B18.68B+10.97%+23.02%
Q2 FY202614.5420.98+44.29%+92.30%16.22B20.34B+25.35%+39.46%
Q1 FY202616.4717.55+6.56%+24.29%16.99B17.23B+1.39%+14.37%
Q4 FY202511.7014.01+19.74%+17.24%14.52B13.45B-7.34%-2.99%
Q3 FY202511.0312.25+11.06%+45.83%14.12B15.18B+7.51%+19.57%
Q2 FY20259.6510.91+13.06%+26.57%13.51B14.58B+7.98%+14.55%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

Goldman Sachs Group analyst forecast

12-month price target
1,130.75 USD
+23.36%

Analysts' 1-year price targets range from 942.00 to 1,325.00, with an average of 1,130.75.

Past year
1-year forecast
Strong sellStrong buy
Hold
15 ratings
Buy
6
Hold
8
Sell
1

12-month price target

Highest target1,325.00
Average target1,130.75
Lowest target942.00
Current price916.59

Goldman Sachs Group valuation

Price to earnings ratio (TTM)
13.01
Forward P/E (FY2026)
12.83
Price to sales (TTM)
3.79
Price to book
2.12
EV / EBITDA (TTM)
2.86

Capital structure

Market capitalization
264.38B USD
+
Total debt
839.00B USD
−
Cash and short-term investments
1.01T USD
=
Enterprise value
94.38B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)11.42————
FY2027 (est.)12.2811.42———
FY2026 (est.)12.8312.28———
Now (TTM)13.0112.353.792.122.86
FY202516.9212.314.722.2029.96
FY202413.8911.733.511.5429.95
FY202316.7410.482.841.1230.33
FY202211.2316.092.551.0319.67
FY20216.3411.762.261.2212.42

Goldman Sachs Group against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Morgan Stanley, The Charles Schwab, Robinhood Markets, and Tradeweb Markets, the US Financial - Capital Markets companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Below its median13.0
    5.020.8
  • Gross marginHighest in 5 years101.9%
    94.3%101.9%
    Against its peers: 1 of 5Peers' median 75.3%
  • Operating marginAbove its median37.5%
    23.2%45.6%
    Against its peers: 4 of 5Peers' median 41.3%
  • Net marginAbove its median29.5%
    18.4%36.5%
    Against its peers: 4 of 5Peers' median 35.8%
  • Return on equityAbove its median13.7%
    7.3%19.7%
    Against its peers: 4 of 5Peers' median 16.5%
  • Free cash flow marginLowest in 5 years-81.0%
    -81.0%10.5%
    Against its peers: 5 of 5Peers' median 33.5%
  • Revenue growthAt its median8.9%
    -20.2%33.2%
    Against its peers: 4 of 5Peers' median 15.2%
  • EPS growthAt its median26.6%
    -49.4%140.3%
    Against its peers: 5 of 5Peers' median 43.6%
  • Debt to EBITDABelow its median25.36×
    16.79×37.39×
    Against its peers: 5 of 5Peers' median 3.87×
  • Current ratioLowest in 5 years0.83
    0.830.97
    Against its peers: 4 of 5Peers' median 1.22

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Goldman Sachs Group growth and profitability

Revenue (TTM)
69.70B USD
Net income (TTM)
22.17B USD
Gross margin
101.92%
Operating margin
44.29%
Net margin
31.81%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202558.28B+8.92%17.18B+20.31%101.91%37.49%29.47%24.03B+15.61%
FY202453.51B+15.69%14.28B+67.64%97.48%34.38%26.68%20.79B+33.31%
FY202346.25B-2.35%8.52B-24.38%97.78%23.22%18.41%15.60B-2.17%
FY202247.37B-20.18%11.26B-47.95%94.27%28.47%23.77%15.94B-45.14%
FY202159.34B+33.17%21.64B+128.72%99.40%45.58%36.46%29.06B+102.07%

Goldman Sachs Group revenue breakdown

By product

FY2025
Global Markets: 71.1%Investment Management: 28.6%Platform Solutions: 0.3%71.1%Global Markets28.6%Investment Management
SegmentRevenueShare of revenueChange on the year
Global Markets41.45B71.1%+18.6%
Investment Management16.68B28.6%+3.3%
Platform Solutions151.00M0.3%-93.8%

By region

FY2025
Americas: 62.7%EMEA: 24.3%Asia: 13.0%62.7%Americas24.3%EMEA13.0%Asia
RegionRevenueShare of revenueChange on the year
Americas36.55B62.7%+6.1%
EMEA14.16B24.3%+15.6%
Asia7.58B13.0%+11.2%

How Goldman Sachs Group makes its money

Global Markets41.45B 71.1%
Investment Management16.68B 28.6%
Platform Solutions151.00M 0.3%
Revenue58.28B 100.0%
Gross profit59.40B 101.9%
Selling and administration19.62B 33.7%
Other operating expenses17.93B 30.8%
Operating income21.85B 37.5%
Tax4.68B 8.0%
Net income17.18B 29.5%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Goldman Sachs Group dividends

Annual dividend
20.00 USD
Dividend yield (indicated)
2.18%
Payout ratio
32.64%
Years of dividend growth
15
Frequency
Quarterly
Next payment
5.00 USD
Next ex-dividend date
2 Dec 2026
Next payment date
30 Dec 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share14.0011.5010.509.006.505.004.153.152.902.60

Goldman Sachs Group financial health

Cash and short-term investments
1.01T USD
Total debt
839.00B USD
Net cash
170.00B USD
Free cash flow (TTM)
-39.98B USD
Current ratio
0.95
Debt to equity
6.71
Piotroski score
5 / 9
Altman Z-score
0.25

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY2025624.53B609.53B-47.22B
FY2024921.83B616.94B-15.30B
FY2023924.95B583.14B-14.90B
FY2022721.95B434.55B4.96B
FY2021778.72B487.76B1.63B

Goldman Sachs Group ownership

Institutions
72.50%
Institutional holders
3,322 (+186)
Free float
99.51%

Who owns the shares

Institutions 72.5% Others 27.5%
As of 30 Jun 2026

Shares free to trade

Free float 287.02M shares ·99.5% Closely held 1.41M shares ·0.5%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q4 202609274.91K437.48K
Q3 202606127.003.03K
Q2 2026024144.03K260.20K
Q1 2026013361.65K190.56K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025312.70M317.60M-4.80%
FY2024328.10M333.60M-3.53%
FY2023340.80M345.80M-3.43%
FY2022352.10M358.10M+0.65%
FY2021350.50M355.80M-1.25%

Source: Financial Modeling Prep

Signals
hasan sayed
hasan sayed
2 days ago
sell
GS
GSGoldman Sachs Group @910.34
2026-11-11 09:38
GS@910.34 Chart
Profit
-312.50
USD
-0.69%
هشام منسي
هشام منسي
4 months ago
buy
GS
GSGoldman Sachs Group @1063
2026-07-07 09:27
GS@1063 Chart
Profit
290.55
USD
5.47%
More
Related Instruments News

Title: Goldman Sachs Group

Sector: Financial Services
Industry: Financial - Capital Markets
Goldman Sachs is a storied financial institution, founded in 1869 and best known for its role as a leading global investment bank. The firm has a significant reach across global financial centers and has been the leading provider of globalmerger and acquisition advisory services, by revenue, for the past 20 years. Since the global financial crisis, Goldman has expanded its offerings into more predictable, fee-based businesses like asset and wealth management, which contributed roughly 30% of postprovision revenue at the end of 2025. The firm generates revenue from investment banking, global market making and trading, lending, asset management, wealth management, and a small and declining portfolio of consumercredit card loans.

Common questions about Goldman Sachs Group stock