GOLDMAN SACHS GROUP INC (GS) Stock Fundamental Analysis
USA - NYSE:GS - US38141G1040 - Common Stock
804.56 USD
+10.34 (+1.3%)
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. GS also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year GS was profitable.
GS had a negative operating cash flow in the past year.
GS had positive earnings in each of the past 5 years.
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
The Return On Assets of GS (0.83%) is worse than 68.35% of its industry peers.
The Return On Equity of GS (11.90%) is better than 64.98% of its industry peers.
With a Return On Invested Capital value of 1.07%, GS is not doing good in the industry: 70.04% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for GS is significantly below the industry average of 7.61%.
The 3 year average ROIC (0.90%) for GS is below the current ROIC(1.07%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.83% | ||
| ROE | 11.9% | ||
| ROIC | 1.07% |
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 (11.66%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of GS has declined.
The Operating Margin of GS (15.66%) is worse than 64.13% of its industry peers.
GS's Operating Margin has declined in the last couple of years.
The Gross Margin of GS (38.58%) is worse than 66.67% of its industry peers.
GS's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.66% | ||
| PM (TTM) | 11.66% | ||
| GM | 38.58% |
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
Compared to 1 year ago, GS has less shares outstanding
The number of shares outstanding for GS has been reduced compared to 5 years ago.
Compared to 1 year ago, GS has a worse debt to assets ratio.
2.2 Solvency
GS has a Debt/Equity ratio of 8.52. This is a high value indicating a heavy dependency on external financing.
GS has a Debt to Equity ratio of 8.52. This is amonst the worse of the industry: GS underperforms 88.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.52 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
GS has a Current Ratio of 0.30. 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 Current ratio of 0.30 is on the low side compared to the rest of the industry. GS is outperformed by 81.43% of its industry peers.
A Quick Ratio of 0.30 indicates that GS may have some problems paying its short term obligations.
GS has a Quick ratio of 0.30. This is amonst the worse of the industry: GS underperforms 81.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.3 | ||
| Quick Ratio | 0.3 |
3. Growth
3.1 Past
GS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 45.68%, which is quite impressive.
Measured over the past years, GS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.07% on average per year.
The Revenue has been growing slightly by 5.42% in the past year.
The Revenue has been growing by 18.23% on average over the past years. This is quite good.
EPS 1Y (TTM)45.68%
EPS 3Y-11.93%
EPS 5Y14.07%
EPS Q2Q%26.57%
Revenue 1Y (TTM)5.42%
Revenue growth 3Y24.97%
Revenue growth 5Y18.23%
Sales Q2Q%14.55%
3.2 Future
Based on estimates for the next years, GS will show a small growth in Earnings Per Share. The EPS will grow by 5.68% on average per year.
Based on estimates for the next years, GS will show a small growth in Revenue. The Revenue will grow by 3.96% on average per year.
EPS Next Y17.82%
EPS Next 2Y15.27%
EPS Next 3Y13.78%
EPS Next 5Y5.68%
Revenue Next Year9.5%
Revenue Next 2Y7.18%
Revenue Next 3Y5.92%
Revenue Next 5Y3.96%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 17.73, GS is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of GS is on the same level as its industry peers.
GS is valuated rather cheaply when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 14.93 indicates a correct valuation of GS.
GS's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.70. GS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.73 | ||
| Fwd PE | 14.93 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GS is valued a bit cheaper than the industry average as 73.84% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 19.78 |
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.
GS's earnings are expected to grow with 13.78% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.99
PEG (5Y)1.26
EPS Next 2Y15.27%
EPS Next 3Y13.78%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.54%, GS is a good candidate for dividend investing.
GS's Dividend Yield is a higher than the industry average which is at 7.96.
GS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.54% |
5.2 History
The dividend of GS is nicely growing with an annual growth rate of 19.24%!
GS has paid a dividend for at least 10 years, which is 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
GS pays out 31.57% of its income as dividend. This is a sustainable payout ratio.
GS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP31.57%
EPS Next 2Y15.27%
EPS Next 3Y13.78%
NYSE:GS (9/18/2025, 2:57:57 PM)
804.56
+10.34 (+1.3%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners74.29%
Inst Owner Change6.77%
Ins Owners0.52%
Ins Owner Change0.46%
Market Cap243.56B
Analysts73.55
Price Target736.12 (-8.51%)
Short Float %1.88%
Short Ratio3.04
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.54% |
Yearly Dividend14.19
Dividend Growth(5Y)19.24%
DP31.57%
Div Incr Years13
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.09%
Min EPS beat(2)11%
Max EPS beat(2)11.18%
EPS beat(4)4
Avg EPS beat(4)20.42%
Min EPS beat(4)11%
Max EPS beat(4)41.07%
EPS beat(8)7
Avg EPS beat(8)20.6%
EPS beat(12)9
Avg EPS beat(12)11.68%
EPS beat(16)12
Avg EPS beat(16)12.72%
Revenue beat(2)1
Avg Revenue beat(2)1.95%
Min Revenue beat(2)-1.25%
Max Revenue beat(2)5.15%
Revenue beat(4)3
Avg Revenue beat(4)4.26%
Min Revenue beat(4)-1.25%
Max Revenue beat(4)8.67%
Revenue beat(8)6
Avg Revenue beat(8)3.43%
Revenue beat(12)9
Avg Revenue beat(12)21.88%
Revenue beat(16)13
Avg Revenue beat(16)21.96%
PT rev (1m)0.37%
PT rev (3m)21.73%
EPS NQ rev (1m)0.06%
EPS NQ rev (3m)-6.42%
EPS NY rev (1m)3.51%
EPS NY rev (3m)3.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.29%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)2.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.73 | ||
| Fwd PE | 14.93 | ||
| P/S | 1.92 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.96 | ||
| P/tB | 1.96 | ||
| EV/EBITDA | 19.78 |
EPS(TTM)45.38
EY5.64%
EPS(NY)53.88
Fwd EY6.7%
FCF(TTM)-82.18
FCFYN/A
OCF(TTM)-75.49
OCFYN/A
SpS418.15
BVpS409.62
TBVpS409.62
PEG (NY)0.99
PEG (5Y)1.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.83% | ||
| ROE | 11.9% | ||
| ROCE | 2.92% | ||
| ROIC | 1.07% | ||
| ROICexc | 1.19% | ||
| ROICexgc | 1.23% | ||
| OM | 15.66% | ||
| PM (TTM) | 11.66% | ||
| GM | 38.58% | ||
| FCFM | N/A |
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%
ROICexcg growth 3Y-19.38%
ROICexcg 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-Score4
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.52 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 47.9 | ||
| Cap/Depr | 90.37% | ||
| Cap/Sales | 1.6% | ||
| Interest Coverage | 0.28 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.3 | ||
| Quick Ratio | 0.3 | ||
| Altman-Z | N/A |
F-Score4
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)45.68%
EPS 3Y-11.93%
EPS 5Y14.07%
EPS Q2Q%26.57%
EPS Next Y17.82%
EPS Next 2Y15.27%
EPS Next 3Y13.78%
EPS Next 5Y5.68%
Revenue 1Y (TTM)5.42%
Revenue growth 3Y24.97%
Revenue growth 5Y18.23%
Sales Q2Q%14.55%
Revenue Next Year9.5%
Revenue Next 2Y7.18%
Revenue Next 3Y5.92%
Revenue Next 5Y3.96%
EBIT growth 1Y33.9%
EBIT growth 3Y-11.94%
EBIT growth 5Y11.78%
EBIT Next Year1.64%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-217.65%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-194.61%
OCF growth 3YN/A
OCF growth 5YN/A