The Goldman Sachs Group, Inc.(GS)
NASDAQ

Fundamental Analysis & Financials

$1037.93
33.51 (3.34%)

Valuation Snapshot

What the multiples imply about expectations

The market considers the company to be a large-cap player with a significant market presence. At current multiples, it trades fairly valued—reflecting market expectations.

Valuation Metrics

Ratios and multiples

Forward P/E
13.86
EV/Revenue (TTM)0.63

Financial Health

Liquidity and leverage

ROE (TTM)16.90%
ROA (TTM)1.07%
Debt/Equity (MRQ)725.38

The company's financial health appears moderate. High ROE and moderate ROA reflect reasonably efficient capital use. Note: ROE is materially amplified by leverage and share repurchases. Debt is elevated but represents structural leverage for shareholder return strategy (buybacks) rather than operational stress.

Valuation Multiples

Current valuation metrics

P/E Ratio16.16
P/B Ratio2.87
P/S Ratio4.47
PEG Ratio1.48

Quarterly Earnings History

Recent quarterly financial performance and trends

Latest Quarter
Q1 2026
Revenue (TTM)
$17.23B
Net Income (TTM)
$5.63B
EPS (Diluted)
$17.55
QuarterRevenueNet IncomeGross ProfitEPS (Basic)EPS (Diluted)Gross MarginNet Margin
Q1 2026(Latest)$17.23B$5.63BN/A$17.74$17.55N/A32.7%
Q4 2025$13.45B$4.62BN/A$14.21$14.01N/A34.3%
Q3 2025$15.18B$4.10BN/A$12.42$12.25N/A27.0%
Q2 2025$14.58B$3.72BN/A$11.03$10.91N/A25.5%
Q1 2025$15.06B$4.74BN/AN/AN/AN/A31.5%

Key Insights:

  • Revenue increased by 28.0% from previous quarter
  • Net margin of 32.7% indicates strong profitability
  • EPS improved by 25.3% quarter-over-quarter

Financial Efficiency

Utilization and collections performance

Asset Turnover 0.04 indicates low efficiency. Receivables Turnover 0.36 and DSO 1003.88 reflect poor collections. ROIC 4.0% highlights weak capital returns.

Efficiency Metrics

Asset Turnover0.04
Receivables Turnover0.36
Days Sales Outstanding1003.88
ROIC (TTM)4.0%

Profitability & Growth

Margins and earnings power

Revenue (TTM)
$67.57B
42.50 YoY
Profit Margin (TTM)
31.04%
Operating Margin (TTM)
42.18%
Gross Profit (TTM)
$55.46B
Gross Margin 82.08%
Net Income (TTM)
$19.98B
Earnings 92.30% YoY

Efficiency Performance Matrix

4-quadrant analysis of operational efficiency vs profitability

Efficiency vs Profitability Quadrants

High Efficiency
High Margin
High Efficiency
Low Margin
Low Efficiency
High Margin
Low Efficiency
Low Margin

Efficiency Analysis

Asset Turnover
Efficiency:0.04x
Margin:82.1%
Quadrant:Margin-Driven
Receivables Turnover
Efficiency:0.36x
Margin:42.2%
Quadrant:Margin-Driven
Working Capital
Efficiency:NaNx
Margin:31.0%
Quadrant:Unknown
Overall Efficiency Score

Profit-focused operations with efficiency opportunities

⚠️ Thresholds are benchmark-based heuristics derived from long-term industry averages, not strict valuation rules.

• Bubble size represents ROIC magnitude

• Green (Optimal): Excellent efficiency-profitability balance

• Blue (Efficiency-Driven): High turnover, room to improve margins

• Yellow (Margin-Driven): Strong margins, opportunity to improve efficiency

• Red (Weak Operations): Areas needing improvement on both dimensions

Market Data & Share Structure

Comprehensive valuation metrics and ownership breakdown

Market Data & Capitalization

Market Cap
$298.71B
Mega-cap: Premium liquidity & institutional favorite
Enterprise Value
$67.70B
EV 77% < Market Cap: Net cash position
Next Earnings Date
10/13/2026
Scheduled quarterly results announcement

Share Statistics & Ownership

Shares Outstanding
291.17M
Total shares issued and held by all shareholders
Shares Float
285.35M
98% float - widely available
Institutional Ownership
74.76%
High - professional investor base
Insider Ownership
53.60%
High alignment - strong insider conviction
Shares Short
6.31M
2.2% of float - moderate shorting
Implied Shares Outstanding
295.01M
+1.3% vs reported - check dilution

Profitability Margin Pyramid

Hierarchical view of margin compression from revenue to net income

Margin Hierarchy by Profitability Level

100.0%
Revenue
$67.57B
82.1%
Gross Profit
$55.46B
0.0%
EBITDA
31.0%
Net Income
$19.98B
Margin Profile:
Revenue100.0% margin (Top line revenue generation)
Gross Profit82.1% margin (Revenue minus cost of goods sold)
EBITDA0.0% margin (Earnings before interest, taxes, depreciation, and amortization)
Net Income31.0% margin (Bottom line profitability after all expenses)

Margin Analysis

Total Revenue

Amount:$67.57B
Margin:100.0%
Top line revenue generation

Gross Profit

Amount:$55.46B
Margin:82.1%
Revenue minus cost of goods sold

EBITDA

Amount:N/A
Margin:0.0%
Earnings before interest, taxes, depreciation, and amortization

Net Income

Amount:$19.98B
Margin:31.0%
Bottom line profitability after all expenses

Margin Quality Assessment

Excellent margin structure with strong bottom-line profitability

• Larger circles represent higher dollar amounts

• Margin percentages show profitability at each level

• Blue: Revenue base

• Green: Gross profitability

• Yellow: Operating performance

• Red: Net profitability

Operating Cash & Liquidity

Core cash generation and short-term solvency

Cash Flow Analysis

Operating Cash Flow (TTM)

$-39.36B

Cash from core operations

Free Cash Flow (TTM)

Available after capex

Financial Position & Liquidity

Current Ratio

1.56

Healthy

Quick Ratio

1.41

Strong

Net Cash

$259.37B

Net creditor

Total Cash

$1.16T

Balance sheet cash

Total Debt

$897.48B

Outstanding borrowings

Ownership & Shareholder Sentiment

Insider, institutional, and short interest positions

Insider Ownership

53.60%

Strong confidence

Institutional Ownership

74.76%

Majority backing

Short % of Float

215.00%

Heavy bearish

Short Ratio (Days)

2.8d

days to cover

Ownership structure shows strong insider confidence and institutional majority backing.

Dividends & Shareholder Returns

Policy stance and implications

The company maintains a very conservative dividend policy with a payout ratio of 26.3% (Cash flow coverage: -8.0x). Cash flow provides adequate dividend support with room for continued payments.

Payout Ratio
26.25%
Trailing Dividend Rate
17
Trailing Dividend Yield
1.64%
5 Year Avg Dividend Yield
2.20%
Forward Annual Dividend Rate
20
Forward Annual Dividend Yield
1.93%
Ex-Dividend Date
09/01/2026