Goldman Sachs Group Inc (GS)
Financials · Investment Banking & Brokerage · US stock · S&P 500 component
$891.30
▼ -13.42 (1.48%)
Fair valueFair
$924 +3.6% to fair value
$462fair band $786–$1,120$1,386
Day's range
$881.00 – $906.35
52-week range
$743.11 – $1,153.99
About Goldman Sachs Group Inc
Goldman Sachs is a global investment bank and financial services firm. It advises companies and governments on mergers, financings and other strategic matters, underwrites and trades securities and other financial instruments, and manages money for institutions, wealthy individuals and families. Its clients include corporations, financial institutions, governments and investors, and its work is grouped into global banking and markets and asset and wealth management businesses.
The firm earns money from advisory and underwriting fees, from trading and financing for clients, from fees on the assets it manages, and from interest on lending. The site holds no revenue, margin or leverage figures for the company at present, so none are quoted here. What the fact sheet does show is a dividend yield of 2.0%. On the site's X-Ray Score it receives 49 out of 100.
Price chart
52-wk range $743.11 – $1,153.99Volume 2,032,942Daily, split-adjusted
Vitals
Market cap$271.8B
52-week range$743.11 – $1,153.99
Volume (last day)2,032,942
P/E (TTM)13.2
EBIT / EV yield69.2%
Free-cash-flow yield-15.3%
Dividend yield2.0%
Revenue (TTM)–
Net income (TTM)$21.0B
Operating margin–
Return on capital–
Debt incl. leasesData missing
Cash & securities$187.3B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$924middle half of models $766 – $1,000
Fair
+3.6% to fair value
Average of the 4 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $891
Undervalued < $786Fair $786 – $1,120Overvalued > $1,120
P/E multiple
$896
P/B multiple
$697
Dividend discount, stable
$789
Dividend discount, multi-stage
$1,313
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Financials peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Weak
48/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield69.2%
Free-cash-flow yield-15.3%
Fair value vs price1.0×
Growth
Strong
73/100
Growing faster than most of its sector.
See the numbers →
EPS growth (3y)19.5%
Profitability
Weak
5/100
Earns lower returns on its capital than most peers.
See the numbers →
Financial health
Strong
73/100
Balance sheet looks strong: debt is well covered.
See the numbers →
Interest coverNo interest cost
Dividends
Fair
70/100
Dividend is typical for its sector.
See the numbers →
Dividend yield2.0%
Dividend growth12.7%
Quarterly results: last 6 quarters
–
Mar '25
–
Jun '25
–
Sep '25
–
Dec '25
–
Mar '26
–
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue –, diluted EPS $20.98.
Compare with peers
SCHW Schwab Charles Corp68 RJF Raymond James Financia...55 IBKR Interactive Brokers Gr...51 HOOD Robinhood Markets, Inc...45Other Investment Banking & Brokerage companies by X-Ray Score.
SWOT analysis: Goldman Sachs Group Inc
Strengthsinside the company
- Earnings per share have compounded at 19.5% a year over three years.
- Operating profit covers interest 50x, so debt costs are a small drag.
Weaknessesinside the company
- Free cash flow is negative, so spending or debt has to be financed from outside.
Opportunitiesvaluation and setting
- Our Market Compass rates the backdrop for Financials as favourable.
Threatsvaluation and setting
- The price trend is down on the daily and weekly signals.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare GS with peers and sector
Medians of 5 Investment Banking & Brokerage peers and of 70 Financials stocks in our universe.
Largest peers (X-Ray Score): MS 34, SCHW 68, HOOD 45, IBKR 51, RJF 55.
| Metric | GS | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 49 | 51 | 50 |
| Valuation | 48 | 32 | 52 |
| Growth | 73 | 66 | 54 |
| Profitability | 5 | 52 | 49 |
| Financial health | 73 | 42 | 50 |
| Dividends | 70 | 58 | 54 |
Sector leaders: highest X-Ray Score in Financials
GS ranks #38 of 71 in Financials and #4 of 6 in Investment Banking & Brokerage by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for GS
Each factor is rated by where GS stands among the 71 Financials stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 1 Good · 3 Average · 0 Bad of 4
Growth: 1 · 0 · 0
Profitability: 0 · 1 · 0
Valuation: 0 · 2 · 0
| Factor | GS | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| EPS growth, 3 years a year | +19.5% | Good beats 73% | +12.7% | – | – |
| Profitability | |||||
| Return on equity | 17.1% | Average beats 56% | 15.7% | 11.7% | ▲ Better |
| Valuation | |||||
| P/E ratio | 13.0x | Average beats 60% | 13.8x | 13.4x | ≈ In line |
| Price / book | 2.2x | Average beats 49% | 2.2x | 1.2x | ▼ Worse |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings), and banks and insurers are rated only on the factors that apply to them. A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 3 Good · ● 1 Average · ● 2 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldBad
Risk models
Growth
EPS growth (3y)Good
Balance sheet
Interest coverGood
Valuation
Fair value vs priceAverage
EBIT / EV yieldGood
Profitability
Each check is graded against the company's sector, not a fixed number. Checklist score 57/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | – | – | – | – | – |
| Operating income | $32.7B | $34.8B | $72.9B | $91.7B | $88.7B |
| Net income | $21.6B | $11.3B | $8.5B | $14.3B | $17.2B |
| Operating cash flow | $6.3B | $8.7B | −$12.6B | −$13.2B | −$45.2B |
| Operating margin | – | – | – | – | – |
| Free cash flow | $1.6B | $5.0B | −$14.9B | −$15.3B | −$47.2B |
| Diluted EPS | $59.45 | $30.06 | $22.87 | $40.54 | $51.32 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bearish
1 bullish · 4 neutral · 11 bearish
Weekly
Bearish
3 bullish · 1 neutral · 8 bearish
Monthly
Bullish
5 bullish · 1 neutral · 2 bearish
Moving averages (daily)
| SMA 10 | 888.9 | Bullish |
| EMA 10 | 891.4 | Bearish |
| SMA 20 | 895.9 | Bearish |
| EMA 20 | 903.8 | Bearish |
| SMA 50 | 961.7 | Bearish |
| EMA 50 | 943.8 | Bearish |
| SMA 100 | 1,005.8 | Bearish |
| EMA 100 | 962.3 | Bearish |
| SMA 200 | 952.2 | Bearish |
| EMA 200 | 933.4 | Bearish |
Oscillators (daily)
| RSI (14) | 41.66 | Neutral |
| MACD (12, 26) | -20.19 | Bearish |
| Momentum (12) | -0.66 | Bearish |
| Stochastic %K (14) | 44.84 | Neutral |
| Williams %R (14) | -55.16 | Neutral |
| CCI (20) | -18.96 | Neutral |
Pivot points (classic, last session)
S3 854.1 | S2 867.5 | S1 879.4 | Pivot 892.9 | R1 904.8 | R2 918.2 | R3 930.1 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
18.00 USD
Yield on today's price
2.02%
Frequency
Quarterly
Next ex-dividend date
2 Dec 2026
| Ex-dividend date | Amount per share |
|---|---|
| (upcoming) | 5.0000 |
| 5.0000 | |
| 4.5000 | |
| 4.5000 | |
| 4.0000 | |
| 4.0000 | |
| 3.0000 | |
| 3.0000 | |
| 3.0000 | |
| 3.0000 | |
| 2.7500 | |
| 2.7500 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold GS
| ETF | Share of the fund |
|---|---|
| KBWB Invesco KBW Bank | 8.94% |
| DDM ProShares Ultra Dow30 | 8.89% |
| UDOW ProShares UltraPro Dow30 | 6.80% |
| DIVO Amplify CWP Enhanced Dividend Income | 4.59% |
| XLF Financial Select Sector SPDR | 3.93% |
| IYF iShares U.S. Financials | 3.72% |
| VFH Vanguard Financials | 3.51% |
| PWV Invesco Dynamic Large Cap Value | 3.16% |
The eight funds with the largest weight in GS among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
GS SEC filings
8-KSEC EDGAR
Results of operations; Regulation FD disclosure
8-KSEC EDGAR
Current report
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Current report
8-KSEC EDGAR
Current report
8-KSEC EDGAR
Other events
8-KSEC EDGAR
Results of operations; Regulation FD disclosure
8-KSEC EDGAR
Other events
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.