Goldman Sachs GS
- Market cap
- $255B
- PE
- 12.6×
- 10y median 13.6×
- Forward PE
- 12.1×
- 10y median 12.5×
- Revenue, 12 months
- $69.7B
- +19% on a year ago
- Net margin
- 31.8%
Goldman Sachs trades at 12.6× trailing earnings, near its ten-year median. Revenue was $69.7B over the last twelve months, up 19% on a year earlier with a 32% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $11.3B+7% | $14.2B+16% | $12.7B+17% | $12.7B+8% | $13.9B+23% | $15.1B+6% | $14.6B+15% | $15.2B+20% | $13.5B−3% | $17.2B+14% | $20.3B+40% | $18.7B+23% | |
| Interest expense | $17.1B+66% | $18.2B+38% | $18.4B+22% | $19.1B+14% | $17.6B+3% | $16.5B−9% | $16.7B−10% | $17B−11% | $16.7B−5% | $17.1B+4% | $18.1B+8% | n/a |
| Pre-tax income | $2.3B+47% | $5.2B+31% | $3.9B+126% | $4B+45% | $5.3B+133% | $5.6B+8% | $5B+27% | $5.4B+35% | $5.9B+11% | $6.5B+15% | $8.6B+73% | $7B+30% |
| $246M+21% | $1.1B+46% | $873M+68% | $997M+43% | $1.1B+366% | $909M−18% | $1.2B+42% | $1.3B+30% | $1.2B+8% | $856M−6% | $1.9B+57% | $1.7B+32% | |
| Net income | $2B+51% | $4.1B+28% | $3B+150% | $3B+45% | $4.1B+105% | $4.7B+15% | $3.7B+22% | $4.1B+37% | $4.6B+12% | $5.6B+19% | $6.6B+78% | $5.3B+29% |
| $5.48+65% | $11.58+32% | $8.62+180% | $8.40+54% | $11.95+118% | $14.12+22% | $10.91+27% | $12.25+46% | $14.01+17% | $17.55+24% | $20.98+92% | $17.01+39% | |
| 340.9M−4% | 339.5M−3% | 335.5M−3% | 330.8M−4% | 328.4M−4% | 324.5M−4% | 318.3M−5% | 315M−5% | 312.9M−5% | 308M−5% | 304.9M−4% | 301.1M−4% |
Net income: 17 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
EPS, diluted: 17 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
Diluted shares: 17 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet. Figures from older filings without data tags, and from a results release before its 10-Q, are read from the document's text and checked against it.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q4 FY26 | $17.7B | $17B to $18.4B | $15.85 | $13.71 to $17.87 | 13 |
| Q1 FY27 | $19B | $18.2B to $19.4B | $19.24 | $17.66 to $19.95 | 7 |
| Q2 FY27 | $18.9B | $18B to $19.6B | $18.58 | $17.43 to $19.48 | 2 |
| Q3 FY27 | $18.7B | $17.8B to $19.4B | $18.67 | $17.51 to $19.58 | 2 |
| Q4 FY27 | $18.6B | $17.7B to $19.3B | $18.53 | $17.38 to $19.43 | 5 |
| Q1 FY28 | $19.3B | $18.4B to $20B | $20.42 | $19.15 to $21.41 | 6 |
| Q2 FY28 | $19.4B | $18.4B to $20.1B | $19.21 | $18.01 to $20.14 | 5 |
| Q3 FY28 | $19.5B | $18.5B to $20.2B | $19.70 | $18.48 to $20.66 | 4 |
Peers
Companies in Financial - Capital Markets nearest Goldman Sachs' size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| GSGoldman Sachs | $255B | 12.6× | 13.6× | 12.1× | n/m | +19% | 31.8% |
| MSMorgan Stanley | $281.9B | 14.2× | 13.7× | 13.4× | n/m | +16% | 25.5% |
| SCHWCharles Schwab | $156.6B | 15.5× | 25.0× | 12.1× | n/m | +18% | 39.3% |
| HOODRobinhood Markets | $85.5B | 41.9× | 51.8× | 37.3× | n/m | +38% | 42.0% |
| TWTradeweb Markets | $28.7B | 29.3× | 56.1× | 28.3× | n/m | +14% | 40.7% |
| Peer median | $121.1B | 22.4× | 38.4× | 20.9× | n/a | +17% | 40.0% |
Investors who own it
Investors we follow who held Goldman Sachs at the end of Jun 30, 2026, from their 13F filings.
- Tom GaynerMarkel Group2.8% of portfolio
- Bill NygrenHarris Associates (Oakmark)0.0% of portfoliotrimmed
- Ron BaronBaron Capital0.0% of portfolio
More on Goldman Sachs
Each number over time
- PE ratio
- Forward PE
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Profit margin
- Shares outstanding
Where it ranks
- #5of 21Capital markets stocks with the highest profit margins
- #4of 16Capital markets stocks with the lowest PE ratio
- #6of 14Capital markets stocks with the fastest earnings growth
- #6of 10Capital markets stocks cheapest against their own PE history
Its groups
About
- Chief executive
- David Solomon, since 2018Joined 1999, CEO since October 2018.
- Industry
- Financial - Capital Markets
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .