Stock · GS · Financial Services
United States · Large Cap · listed since 1999 · Revenue 12 mo. $123.5B
Price as of 11/06/2026
Summary
39.9 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
Book value €102.3B, market value €225.2B (P/B 2.2). At a 9% discount rate, the premium over book value only pays off with a lasting 19.8% return on equity.
Required return on equity per year
19.8%
no perpetual growth
Price to book 2.20×, above its usual range.
Middle half of 20 quarters: 1.01× to 1.87×, median 1.25×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
No indication in the stored figures.
with respect to the priced-in expectation
AI summary of the 2025 annual report
A language model selected and condensed statements from the report. Each statement carries a verbatim quote. The selection is not complete and shows the state of the report. It gives no rating and does not feed into the score.
Form 10-K, fiscal year ended 12/31/2025, filed 02/25/2026. Open the report at the SEC
Asset & Wealth Management earns revenue from management and other fees, incentive fees, private banking and lending, and investments.
Asset & Wealth Management generates revenues from management and other fees, incentive fees, private banking and lending and investments.Almost all revenue in Platform Solutions comes from issuing credit cards to Apple Card customers, taking deposits from them, and from businesses that have been exited.
Substantially all of the revenues in Platform Solutions are from activities related to issuing credit cards to and raising deposits from Apple Card customers and related to businesses that have been exited.The firm acts as a market maker, quoting prices to clients worldwide for thousands of products across all major asset classes and markets.
As a market maker, we provide prices to clients globally across thousands of products in all major asset classes and markets.Most of the management and other fee revenue is asset-based fees on client assets the firm manages.
The vast majority of revenues in management and other fees consists of asset-based fees on client assets that we manage.The firm seeks long-term relationships with a diverse global group of institutional clients, including corporations, governments, states and municipalities.
We seek to develop and maintain long-term relationships with a diverse global group of institutional clients, including corporations, governments, states and municipalities.The firm also offers tailored wealth advisory services, mainly to clients with very high net worth.
We also provide tailored wealth advisory services, primarily to ultra-high-net worth clients.The financial services industry and all of the firm's businesses are intensely competitive, and the firm expects this to continue.
The financial services industry and all of our businesses are intensely competitive, and we expect them to remain so.Competitors include brokers and dealers, investment banks, commercial banks, credit card issuers, insurers, investment advisers, mutual funds, hedge funds, private equity and private credit funds, merchant banks, and financial technology and internet companies.
Our competitors include brokers and dealers, investment banking firms, commercial banks, credit card issuers, insurance companies, investment advisers, mutual funds, hedge funds, private equity funds, private credit funds, merchant banks and financial technology and other internet-based companies.The firm competes on factors such as transaction execution, client experience, products and services, innovation, reputation and price.
we compete based on a number of factors, including transaction execution, client experience, products and services, innovation, reputation and price.Concentration of risk raises the chance of large losses in the firm's market-making, underwriting, investing and financing activities.
Concentration of risk increases the potential for significant losses in our market-making, underwriting, investing and financing activities.Nearly all of the firm's investing and market-making positions and some loans are marked to market daily or periodically, so falling asset values quickly affect earnings unless the exposure is effectively hedged.
Substantially all of our investing and market-making positions and a portion of our loans are marked-to-market on a daily or other periodic basis and declines in asset values directly and promptly impact our earnings, unless we have effectively “hedged” our exposures to those declines.As of December 2025, counterparties could have asked for extra collateral or termination payments of $224 million on net derivative liabilities under bilateral agreements if the firm's credit ratings fell by one notch.
As of December 2025, our counterparties could have called for additional collateral or termination payments related to our net derivative liabilities under bilateral agreements in an aggregate amount of $224 million in the event of a one-notch downgrade of our credit ratingsGroup Inc. is a holding company and depends on dividends, loans and other payments from its subsidiaries to fund share buybacks, dividends and debt payments.
Group Inc. is a holding company and, therefore, depends on dividends, distributions, loans and other payments from its subsidiaries to fund share repurchases and dividend payments and to fund payments on its obligations, including debt obligations.Since the last quarter
Q2 → Q3 2026
3 more unchanged: Revenue, 12 mo., EBIT margin, Return on equity
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 13.74% | 12.46% | Rank 59 |
| Return on capital (Greenblatt) | 229.44% | 59.04% | Rank 77 |
| EBIT margin | 17.47% | 23.06% | Rank 34 |
| FCF margin | −37.75% | 19.82% | Rank 6 |
| Gross margin | 47.48% | 65.53% | Rank 24 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | −1.38% | 7.39% | Rank 22 |
| Earnings growth, 3 years per year | 19.81% | 15.20% | Rank 62 |
| Earnings growth, 5 years per year | 15.55% | 15.17% | Rank 50 |
| Sustainable growth (ROE × retained earnings) | 1.65% | 1.25% | Rank 60 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 6.25% | 6.47% | Rank 46 |
| FCF yield | −18.82% | 7.16% | Rank 4 |
| EV/saleslower is better | 1.89 | 2.82 | Rank 59 |
| EV/EBITlower is better | 10.80 | 14.24 | Rank 67 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | 0.33% | 7.80% | Rank 38 |
| Share price, 6 months | −7.06% | 8.71% | Rank 12 |
| Share price, 3 months | −11.59% | 0.45% | Rank 6 |
| Distance from 52-week high | −24.85% | −10.68% | Rank 10 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | 6.11% | 1.23% | Rank 17 |
| Change in share countlower is better | −4.80% | −0.60% | Rank 86 |
| Dividend streak in years | 15 | 5 | Rank 82 |
| Price reaction to results, market-adjusted | −0.34% | 0.00% | Rank 43 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 6.91% | 9.21% | Rank 38 |
| Net debt/EBITDAlower is better | −0.62 | 0.12 | Rank 61 |
| Debt to equitylower is better | 4.88 | 0.90 | Rank 8 |
| Volatility, 1 yearlower is better | 31.98% | 25.95% | Rank 29 |
Ten years in figures
| Year | Revenue, $B | Net income, $B | Return on equity | Shares |
|---|---|---|---|---|
| 2016 | 37.9 | 7.4 | 8.5% | 435M |
| 2017 | 42.8 | 4.3 | 5.2% | 409M |
| 2018 | 52.4 | 10.5 | 11.6% | 390M |
| 2019 | 53.9 | 8.5 | 9.4% | 376M |
| 2020 | 53.5 | 9.5 | 9.9% | 360M |
| 2021 | 65.0 | 21.6 | 19.7% | 356M |
| 2022 | 68.7 | 11.3 | 9.6% | 358M |
| 2023 | 108.4 | 8.5 | 7.3% | 346M |
| 2024 | 126.9 | 14.3 | 11.7% | 334M |
| 2025 | 125.1 | 17.2 | 13.7% | 318M |
3 of 7 StockScorer Score rules met · How the score is built
Goldman Sachs Group Inc mainly meets criteria in the Profitability category. Result from 18 strategies checked.
This is how the StockScorer Score strategy, the flagship rule set, calculates the points for Goldman Sachs Group Inc. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
3 of 7 rules met
4 of 11 points
The rule “Exclusion: financial and real estate stocks” applies. The stock is therefore not rated regardless of the points scored.
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for Goldman Sachs Group Inc.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 16.0 | 15.2 |
| P/B ratio | 2.2 | 1.8 |
| Return on equity (ROE) | 13.7% | 12.5% |
| Equity ratio | 6.9% | 9.2% |
| Debt-to-equity (D/E) | 4.88 | 0.90 |
| Dividend yield | 2.1% | 3.3% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| GS | Goldman Sachs Group Incthis page | |
| MS | Morgan Stanley | Low5.5 |
| SCHW | Charles Schwab Corp | Low4.5 |
| IBKR | Interactive Brokers Group Inc | Low6.4 |
| HOOD | Robinhood Markets Inc | locked |
| MQG.AX | Macquarie Group Ltd | locked |
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