GOLDMAN SACHS GROUP INC (GS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GS - US38141G1040 - Common Stock
881.81 USD
-2.61 (-0.3%)
Taking everything into account, GS scores 3 out of 10 in our fundamental rating. GS was compared to 235 industry peers in the Capital Markets industry. GS has a bad profitability rating. Also its financial health evaluation is rather negative. GS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year GS was profitable.
GS had a positive operating cash flow in the past year.
Each year in the past 5 years GS has been profitable.
The reported operating cash flow has been mixed in the past 5 years: GS reported negative operating cash flow in multiple years.
1.2 Ratios
GS has a Return On Assets of 0.88%. This is in the lower half of the industry: GS underperforms 67.23% of its industry peers.
With a decent Return On Equity value of 12.77%, GS is doing good in the industry, outperforming 71.49% of the companies in the same industry.
GS has a Return On Invested Capital of 1.13%. This is in the lower half of the industry: GS underperforms 65.53% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GS is significantly below the industry average of 7.07%.
The last Return On Invested Capital (1.13%) for GS is above the 3 year average (0.90%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.88% | ||
| ROE | 12.77% | ||
| ROIC | 1.13% |
ROA(3y)0.68%
ROA(5y)0.85%
ROE(3y)9.01%
ROE(5y)11.11%
ROIC(3y)0.9%
ROIC(5y)1.18%
1.3 Margins
GS's Profit Margin of 12.45% is in line compared to the rest of the industry. GS outperforms 44.68% of its industry peers.
In the last couple of years the Profit Margin of GS has declined.
GS has a Operating Margin (16.70%) which is comparable to the rest of the industry.
GS's Operating Margin has declined in the last couple of years.
GS's Gross Margin of 40.13% is in line compared to the rest of the industry. GS outperforms 41.70% of its industry peers.
In the last couple of years the Gross Margin of GS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.7% | ||
| PM (TTM) | 12.45% | ||
| GM | 40.13% |
OM growth 3Y-29.54%
OM growth 5Y-5.46%
PM growth 3Y-31.06%
PM growth 5Y-5.81%
GM growth 3Y-24.01%
GM growth 5Y-9.99%
2. Health
2.1 Basic Checks
GS has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, GS has less shares outstanding
The debt/assets ratio for GS is higher compared to a year ago.
2.2 Solvency
GS has a debt to FCF ratio of 72.29. This is a negative value and a sign of low solvency as GS would need 72.29 years to pay back of all of its debts.
GS's Debt to FCF ratio of 72.29 is in line compared to the rest of the industry. GS outperforms 49.36% of its industry peers.
GS has a Debt/Equity ratio of 8.60. This is a high value indicating a heavy dependency on external financing.
GS has a Debt to Equity ratio of 8.60. This is amonst the worse of the industry: GS underperforms 88.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.6 | ||
| Debt/FCF | 72.29 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.31 indicates that GS may have some problems paying its short term obligations.
GS has a worse Current ratio (0.31) than 81.70% of its industry peers.
GS has a Quick Ratio of 0.31. This is a bad value and indicates that GS is not financially healthy enough and could expect problems in meeting its short term obligations.
GS's Quick ratio of 0.31 is on the low side compared to the rest of the industry. GS is outperformed by 81.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.31 | ||
| Quick Ratio | 0.31 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 44.45% over the past year.
The Earnings Per Share has been growing by 14.07% on average over the past years. This is quite good.
Looking at the last year, GS shows a small growth in Revenue. The Revenue has grown by 3.36% in the last year.
Measured over the past years, GS shows a quite strong growth in Revenue. The Revenue has been growing by 18.23% on average per year.
EPS 1Y (TTM)44.45%
EPS 3Y-11.93%
EPS 5Y14.07%
EPS Q2Q%45.83%
Revenue 1Y (TTM)3.36%
Revenue growth 3Y24.97%
Revenue growth 5Y18.23%
Sales Q2Q%19.57%
3.2 Future
GS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.33% yearly.
The Revenue is expected to grow by 4.85% on average over the next years.
EPS Next Y23.5%
EPS Next 2Y18.42%
EPS Next 3Y16.2%
EPS Next 5Y13.33%
Revenue Next Year13.42%
Revenue Next 2Y9.32%
Revenue Next 3Y7.63%
Revenue Next 5Y4.85%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
GS is valuated rather expensively with a Price/Earnings ratio of 17.91.
GS's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.77, GS is valued a bit cheaper.
GS is valuated correctly with a Price/Forward Earnings ratio of 15.51.
The rest of the industry has a similar Price/Forward Earnings ratio as GS.
GS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.91 | ||
| Fwd PE | 15.51 |
4.2 Price Multiples
73.62% of the companies in the same industry are more expensive than GS, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, GS is valued a bit cheaper than the industry average as 64.26% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.77 | ||
| EV/EBITDA | 19.07 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as GS's earnings are expected to grow with 16.20% in the coming years.
PEG (NY)0.76
PEG (5Y)1.27
EPS Next 2Y18.42%
EPS Next 3Y16.2%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.76%, GS has a reasonable but not impressive dividend return.
GS's Dividend Yield is slightly below the industry average, which is at 6.65.
GS's Dividend Yield is comparable with the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.76% |
5.2 History
On average, the dividend of GS grows each year by 19.24%, which is quite nice.
GS has been paying a dividend for at least 10 years, so it has a reliable track record.
GS has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)19.24%
Div Incr Years13
Div Non Decr Years14
5.3 Sustainability
31.36% of the earnings are spent on dividend by GS. This is a low number and sustainable payout ratio.
GS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP31.36%
EPS Next 2Y18.42%
EPS Next 3Y16.2%
NYSE:GS (12/31/2025, 11:53:52 AM)
881.81
-2.61 (-0.3%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners74.48%
Inst Owner Change-11.92%
Ins Owners0.52%
Ins Owner Change-0.76%
Market Cap264.48B
Revenue(TTM)127.21B
Net Income(TTM)15.84B
Analysts73.13
Price Target825.6 (-6.37%)
Short Float %2.38%
Short Ratio3.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.76% |
Yearly Dividend14.19
Dividend Growth(5Y)19.24%
DP31.36%
Div Incr Years13
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.66%
Min EPS beat(2)8.14%
Max EPS beat(2)11.18%
EPS beat(4)4
Avg EPS beat(4)17.85%
Min EPS beat(4)8.14%
Max EPS beat(4)41.07%
EPS beat(8)8
Avg EPS beat(8)21.62%
EPS beat(12)9
Avg EPS beat(12)12.01%
EPS beat(16)12
Avg EPS beat(16)10.57%
Revenue beat(2)2
Avg Revenue beat(2)4.86%
Min Revenue beat(2)4.58%
Max Revenue beat(2)5.15%
Revenue beat(4)3
Avg Revenue beat(4)4.29%
Min Revenue beat(4)-1.25%
Max Revenue beat(4)8.67%
Revenue beat(8)6
Avg Revenue beat(8)3.68%
Revenue beat(12)9
Avg Revenue beat(12)17.49%
Revenue beat(16)13
Avg Revenue beat(16)20.62%
PT rev (1m)2.2%
PT rev (3m)12.16%
EPS NQ rev (1m)0.11%
EPS NQ rev (3m)3.83%
EPS NY rev (1m)0.15%
EPS NY rev (3m)4.64%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)4.89%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)3.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.91 | ||
| Fwd PE | 15.51 | ||
| P/S | 2.08 | ||
| P/FCF | 16.77 | ||
| P/OCF | 14.79 | ||
| P/B | 2.13 | ||
| P/tB | 2.13 | ||
| EV/EBITDA | 19.07 |
EPS(TTM)49.23
EY5.58%
EPS(NY)56.87
Fwd EY6.45%
FCF(TTM)52.58
FCFY5.96%
OCF(TTM)59.64
OCFY6.76%
SpS424.14
BVpS413.43
TBVpS413.43
PEG (NY)0.76
PEG (5Y)1.27
Graham Number676.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.88% | ||
| ROE | 12.77% | ||
| ROCE | 3.09% | ||
| ROIC | 1.13% | ||
| ROICexc | 1.27% | ||
| ROICexgc | 1.31% | ||
| OM | 16.7% | ||
| PM (TTM) | 12.45% | ||
| GM | 40.13% | ||
| FCFM | 12.4% |
ROA(3y)0.68%
ROA(5y)0.85%
ROE(3y)9.01%
ROE(5y)11.11%
ROIC(3y)0.9%
ROIC(5y)1.18%
ROICexc(3y)1.1%
ROICexc(5y)1.47%
ROICexgc(3y)1.11%
ROICexgc(5y)1.48%
ROCE(3y)2.51%
ROCE(5y)3.11%
ROICexgc growth 3Y-19.38%
ROICexgc growth 5Y-1.43%
ROICexc growth 3Y-19.4%
ROICexc growth 5Y-1.39%
OM growth 3Y-29.54%
OM growth 5Y-5.46%
PM growth 3Y-31.06%
PM growth 5Y-5.81%
GM growth 3Y-24.01%
GM growth 5Y-9.99%
F-Score7
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.6 | ||
| Debt/FCF | 72.29 | ||
| Debt/EBITDA | 45.6 | ||
| Cap/Depr | 98.42% | ||
| Cap/Sales | 1.67% | ||
| Interest Coverage | 0.31 | ||
| Cash Conversion | 76.45% | ||
| Profit Quality | 99.56% | ||
| Current Ratio | 0.31 | ||
| Quick Ratio | 0.31 | ||
| Altman-Z | N/A |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)95.93%
Cap/Depr(5y)170.22%
Cap/Sales(3y)3.08%
Cap/Sales(5y)5.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)44.45%
EPS 3Y-11.93%
EPS 5Y14.07%
EPS Q2Q%45.83%
EPS Next Y23.5%
EPS Next 2Y18.42%
EPS Next 3Y16.2%
EPS Next 5Y13.33%
Revenue 1Y (TTM)3.36%
Revenue growth 3Y24.97%
Revenue growth 5Y18.23%
Sales Q2Q%19.57%
Revenue Next Year13.42%
Revenue Next 2Y9.32%
Revenue Next 3Y7.63%
Revenue Next 5Y4.85%
EBIT growth 1Y32.76%
EBIT growth 3Y-11.94%
EBIT growth 5Y11.78%
EBIT Next Year1.64%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y179.18%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y202.86%
OCF growth 3YN/A
OCF growth 5YN/A
GOLDMAN SACHS GROUP INC / GS FAQ
Can you provide the ChartMill fundamental rating for GOLDMAN SACHS GROUP INC?
ChartMill assigns a fundamental rating of 3 / 10 to GS.
What is the valuation status for GS stock?
ChartMill assigns a valuation rating of 5 / 10 to GOLDMAN SACHS GROUP INC (GS). This can be considered as Fairly Valued.
How profitable is GOLDMAN SACHS GROUP INC (GS) stock?
GOLDMAN SACHS GROUP INC (GS) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for GS stock?
The Price/Earnings (PE) ratio for GOLDMAN SACHS GROUP INC (GS) is 17.91 and the Price/Book (PB) ratio is 2.13.
Can you provide the financial health for GS stock?
The financial health rating of GOLDMAN SACHS GROUP INC (GS) is 1 / 10.