GOLDMAN SACHS GROUP INC (GS) Stock Fundamental Analysis
USA - NYSE:GS - US38141G1040 - Common Stock
772 USD
-3.56 (-0.46%)
We assign a fundamental rating of 3 out of 10 to GS. GS was compared to 237 industry peers in the Capital Markets industry. GS may be in some trouble as it scores bad on both profitability and health. 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.
In the past year GS had a positive cash flow from operations.
In the past 5 years GS has always been profitable.
In multiple years GS reported negative operating cash flow during the last 5 years.
1.2 Ratios
GS has a Return On Assets of 0.88%. This is in the lower half of the industry: GS underperforms 67.09% of its industry peers.
The Return On Equity of GS (12.77%) is better than 70.04% of its industry peers.
GS has a worse Return On Invested Capital (1.13%) than 65.82% of its industry peers.
GS had an Average Return On Invested Capital over the past 3 years of 0.90%. This is significantly below the industry average of 7.11%.
The 3 year average ROIC (0.90%) for GS is below the current ROIC(1.13%), indicating increased profibility in the last year.
| 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
The Profit Margin of GS (12.45%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of GS has declined.
GS has a Operating Margin of 16.70%. This is in the lower half of the industry: GS underperforms 60.34% of its industry peers.
GS's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 40.13%, GS is in line with its industry, outperforming 43.88% of the companies in the same industry.
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
The number of shares outstanding for GS has been reduced compared to 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
The Debt to FCF ratio of GS is 72.29, which is on the high side as it means it would take GS, 72.29 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 72.29, GS is in line with its industry, outperforming 44.73% of the companies in the same industry.
A Debt/Equity ratio of 8.60 is on the high side and indicates that GS has dependencies on debt financing.
GS has a Debt to Equity ratio of 8.60. This is amonst the worse of the industry: GS underperforms 88.61% 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
GS has a Current 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 has a worse Current ratio (0.31) than 81.43% of its industry peers.
A Quick Ratio of 0.31 indicates that GS may have some problems paying its short term obligations.
GS has a worse Quick ratio (0.31) than 81.43% 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.
GS shows a small growth in Revenue. In the last year, the Revenue has grown by 3.36%.
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
The Earnings Per Share is expected to grow by 13.33% on average over the next years. This is quite good.
GS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.85% yearly.
EPS Next Y23.32%
EPS Next 2Y18.42%
EPS Next 3Y16.28%
EPS Next 5Y13.33%
Revenue Next Year13.23%
Revenue Next 2Y9.21%
Revenue Next 3Y7.66%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 15.68, GS is valued correctly.
GS's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of GS to the average of the S&P500 Index (25.56), we can say GS is valued slightly cheaper.
GS is valuated correctly with a Price/Forward Earnings ratio of 13.58.
GS's Price/Forward Earnings is on the same level as the industry average.
GS is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.62, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.68 | ||
| Fwd PE | 13.58 |
4.2 Price Multiples
74.68% 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 62.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.82 | ||
| EV/EBITDA | 17.77 |
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 16.28% in the coming years.
PEG (NY)0.67
PEG (5Y)1.11
EPS Next 2Y18.42%
EPS Next 3Y16.28%
5. Dividend
5.1 Amount
GS has a Yearly Dividend Yield of 1.99%. Purely for dividend investing, there may be better candidates out there.
GS's Dividend Yield is comparable with the industry average which is at 8.48.
GS's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
5.2 History
On average, the dividend of GS grows each year by 19.24%, which is quite nice.
GS has paid a dividend for at least 10 years, which is a reliable track record.
GS has not decreased their dividend for at least 10 years, which is a reliable track record.
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.
The dividend of GS is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP31.36%
EPS Next 2Y18.42%
EPS Next 3Y16.28%
NYSE:GS (11/18/2025, 10:50:09 AM)
772
-3.56 (-0.46%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners74.17%
Inst Owner Change-11.81%
Ins Owners0.51%
Ins Owner Change-4.53%
Market Cap233.70B
Revenue(TTM)127.21B
Net Income(TTM)15.84B
Analysts73.13
Price Target806.94 (4.53%)
Short Float %2.18%
Short Ratio3.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
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)7.81%
PT rev (3m)10.03%
EPS NQ rev (1m)1.16%
EPS NQ rev (3m)4.1%
EPS NY rev (1m)4.49%
EPS NY rev (3m)8.34%
Revenue NQ rev (1m)3.51%
Revenue NQ rev (3m)4.8%
Revenue NY rev (1m)3.14%
Revenue NY rev (3m)3.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.68 | ||
| Fwd PE | 13.58 | ||
| P/S | 1.84 | ||
| P/FCF | 14.82 | ||
| P/OCF | 13.06 | ||
| P/B | 1.88 | ||
| P/tB | 1.88 | ||
| EV/EBITDA | 17.77 |
EPS(TTM)49.23
EY6.38%
EPS(NY)56.86
Fwd EY7.37%
FCF(TTM)52.09
FCFY6.75%
OCF(TTM)59.09
OCFY7.65%
SpS420.23
BVpS409.62
TBVpS409.62
PEG (NY)0.67
PEG (5Y)1.11
Graham Number673.59
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 Y23.32%
EPS Next 2Y18.42%
EPS Next 3Y16.28%
EPS Next 5Y13.33%
Revenue 1Y (TTM)3.36%
Revenue growth 3Y24.97%
Revenue growth 5Y18.23%
Sales Q2Q%19.57%
Revenue Next Year13.23%
Revenue Next 2Y9.21%
Revenue Next 3Y7.66%
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 15.68 and the Price/Book (PB) ratio is 1.88.
Can you provide the financial health for GS stock?
The financial health rating of GOLDMAN SACHS GROUP INC (GS) is 1 / 10.