Goldman Sachs is a large U.S. bank holding company that serves corporations, governments, institutions, and wealthy individuals. It makes money through four main activities: advising on mergers, acquisitions, and capital raises (investment banking); trading and market-making across equities, fixed income, and commodities; managing assets for institutional and high-net-worth clients; and lending. Trading and investment banking are the largest revenue drivers, though asset and wealth management now contribute a meaningful and growing share of fees. It also has a small, shrinking consumer credit card business it is winding down.
Employees47,000IPOMay 4, 1999SIC6211HQ200 West Street, New York, NY, USA, 10282
to
Financials
Profitability
Metric
Current
Margins
Gross Margin
—
Operating Margin
—
EBITDA Margin
—
Net Margin
31.7%
OCF Margin
−59.5%
FCF Margin
−62.7%
Returns on Capital
ROE
16.9%
ROA
1.1%
ROIC
—
ROCE
0.0%
ROC (Greenblatt)
0.0%
3Y ROIIC
0.0%
Consistency
Years Profitable / 10Y
10
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
13.60
Forward P/E
12.47
P/E ex-NRI
13.38
Shiller P/E (CAPE)
22.87
Cash Flow Multiples
P/FCF
—
P/OCF
—
P/Owner Earnings
—
FCF Yield
−16.18%
Enterprise Value Multiples
EV / EBIT
—
EV / Forward EBIT
3.00
EV / EBITDA
—
EV / Forward EBITDA
—
EV / Revenue
7.94
EV / Forward Revenue
5.45
Asset / Sales
P/S
4.15
P/B
2.33
P/Tangible Book
2.55
Growth-Adjusted
PEG
1.76
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
1.91%
Forward Dividend Yield
2.25%
3Y Dividend Growth
15.9%
Payout Ratio
0.26
5Y Yield on Cost
4.41%
Buybacks & Dilution
3Y Buyback Ratio
4.00%
5Y Share Change
−11.7%
Combined
Shareholder Yield
−9.05%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
3.56
Gross Debt / EBITDA
—
Cash / Debt
0.43
Equity / Assets
0.06
Coverage
Interest Coverage
—
Short-Term Liquidity
Current Ratio
0.00
Quick Ratio
0.00
Cash Ratio
0.00
Composite Scores
Piotroski F-Score
5
Altman Z-Score
—
Split History
Date
Split
No split history found.
Ex-date
Amount
Pay date
2026-06-01
$4.5
2026-06-29
2026-03-02
$4.5
2026-03-30
2025-12-02
$4
2025-12-30
2025-08-29
$4
2025-09-29
2025-05-30
$3
2025-06-27
2025-02-28
$3
2025-03-28
2024-12-02
$3
2024-12-30
2024-08-30
$3
2024-09-27
2024-05-30
$2.75
2024-06-27
2024-02-28
$2.75
2024-03-28
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View allDate
Transcript
Type
2026-07-14
Q2 2026 Goldman Sachs Group Inc Earnings Call Transcript
Earnings Call
2026-04-13
Q1 2026 Goldman Sachs Group Inc Earnings Call Transcript
Earnings Call
2026-01-15
Q4 2025 Goldman Sachs Group Inc Earnings Call Transcript
Earnings Call
2025-12-09
Goldman Sachs Group Inc at Goldman Sachs U.S. Financial Services Conference Transcript
Conference Presentations
2025-10-14
Q3 2025 Goldman Sachs Group Inc Earnings Call Transcript
Earnings Call
2025-07-16
Q2 2025 Goldman Sachs Group Inc Earnings Call Transcript
Earnings Call
2025-04-14
Q1 2025 Goldman Sachs Group Inc Earnings Call Transcript
Earnings Call
2025-01-15
Q4 2024 Goldman Sachs Group Inc Earnings Call Transcript
Earnings Call
2024-10-15
Q3 2024 Goldman Sachs Group Inc Earnings Call Transcript
Earnings Call
2024-07-15
Q2 2024 Goldman Sachs Group Inc Earnings Call Transcript
Earnings Call
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5-Step DuPont Analysis
ROE %
16.98%
×
×
Net Margin %
31.68%
×
×
Operating Margin %
—
Operating Income
—
÷
Revenue
$66.20B
×
Tax Burden
0.7976
Net Income
$20.97B
÷
Pretax Income
$26.30B
×
Interest Burden
—
Pretax Income
$26.30B
÷
Operating Income
—
×
Asset Turnover
0.03
÷
Revenue
$66.20B
÷
Average Total Assets
$1.96T
Begin Total Assets
$1.79T
End Total Assets
$2.13T
×
Equity Multiplier
15.84
÷
Avg Total Assets
$1.96T
÷
Avg Stockholders Equity
$123.55B
Begin Equity
$124.10B
End Equity
$123.00B
Top institutional holders
Q2 2026| Holder | Shares | % Owned | Chg. shares | |
|---|---|---|---|---|
| BlackRock, Inc. | 23.9M | 8.05% | -89.0K | $24.17B |
| STATE STREET CORP | 18.8M | 6.35% | -424.6K | $19.04B |
| VANGUARD CAPITAL MANAGEMENT LLC | 18.4M | 6.21% | +39.0K | $18.64B |
| JPMORGAN CHASE & CO | 8.0M | 2.71% | +823.6K | $8.20B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 7.2M | 2.43% | +7.2K | $7.30B |
| MORGAN STANLEY | 7.0M | 2.37% | +214.4K | $7.11B |
| Fisher Asset Management, LLC | 7.0M | 2.35% | +136.8K | $7.04B |
| GEODE CAPITAL MANAGEMENT, LLC | 6.9M | 2.34% | -166.2K | $7.02B |
| BANK OF AMERICA CORP /DE/ | 6.7M | 2.25% | +225.8K | $6.76B |
| FMR LLC | 3.9M | 1.30% | +525.4K | $3.91B |
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View allTop insider holdings
as reported| Insider | Shares held | % Owned | |
|---|---|---|---|
| SOLOMON DAVID MOfficer | 153.2K | 0.0516% | $134.97M |
| WALDRON JOHN E.Officer | 118.5K | 0.0399% | $104.46M |
| Montag Thomas K.Director | 107.8K | 0.0363% | $94.97M |
| ROGERS JOHN F.W.Officer | 59.2K | 0.0200% | $52.21M |
| COLEMAN DENIS P.Officer | 31.1K | 0.0105% | $27.38M |
| LEE BRIAN JOfficer | 20.9K | 0.0070% | $18.42M |
| Ruemmler Kathryn H.Officer | 15.7K | 0.0053% | $13.80M |
| LESLIE ERICKA TOfficer | 11.0K | 0.0037% | $9.66M |
| FREDMAN SHEARA JOfficer | 6.3K | 0.0021% | $5.59M |
| VINIAR DAVID ADirector | — | — | — |
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View allRecent insider activity
through Aug 28, 2026| Insider | Action | Shares | Date | |
|---|---|---|---|---|
| LESLIE ERICKA TOfficer | Open-Market or Private Sale | -600 | $620.3K | Aug 28, 2026 |
| LESLIE ERICKA TOfficer | Open-Market or Private Sale | -37 | $39.0K | Aug 4, 2026 |
| LESLIE ERICKA TOfficer | Open-Market or Private Sale | -129 | $136.0K | Aug 4, 2026 |
| LESLIE ERICKA TOfficer | Open-Market or Private Sale | -9 | $9,493 | Aug 4, 2026 |
| LESLIE ERICKA TOfficer | Open-Market or Private Sale | -101 | $116.3K | Jul 15, 2026 |
| LESLIE ERICKA TOfficer | Open-Market or Private Sale | -149 | $171.7K | Jul 15, 2026 |
| VINIAR DAVID ADirector | Gift | -2.0K | $0 | Jul 15, 2026 |
| COLEMAN DENIS P.Officer | Open-Market or Private Sale | -2.5K | $2.44M | May 14, 2026 |
| COLEMAN DENIS P.Officer | Open-Market or Private Sale | -1.6K | $1.52M | May 14, 2026 |
| COLEMAN DENIS P.Officer | Open-Market or Private Sale | -1.4K | $1.33M | May 14, 2026 |
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