(GS) Goldman Sachs - Overview

Sector: Financial Services | Industry: Capital Markets | Exchange: NYSE (USA) | Market Cap: 285.850m USD | Total Return: 57.2% in 12m

Investment Banking, Asset Management, Securities Trading, Private Banking
Total Rating 44
Safety 31
Buy Signal 0.17
Capital Markets
Industry Rotation: -3.2
Market Cap: 286B
Avg Turnover: 1.58B
Risk 3d forecast
Volatility26.4%
VaR 5th Pctl4.50%
VaR vs Median3.34%
Reward TTM
Sharpe Ratio1.68
Rel. Str. IBD74.7
Rel. Str. Peer Group69.6
Character TTM
Beta1.543
Beta Downside1.555
Hurst Exponent0.449
Drawdowns 3y
Max DD30.90%
CAGR/Max DD1.51
CAGR/Mean DD9.58
EPS (Earnings per Share) EPS (Earnings per Share) of GS over the last years for every Quarter: "2021-03": 18.6, "2021-06": 15.02, "2021-09": 14.93, "2021-12": 10.81, "2022-03": 10.76, "2022-06": 7.73, "2022-09": 8.25, "2022-12": 3.32, "2023-03": 8.79, "2023-06": 3.08, "2023-09": 5.47, "2023-12": 5.48, "2024-03": 11.58, "2024-06": 8.41, "2024-09": 8.4, "2024-12": 10.97, "2025-03": 14.12, "2025-06": 10.91, "2025-09": 12.25, "2025-12": 14.01, "2026-03": 17.55,
EPS CAGR: 24.44%
EPS Trend: 65.6%
Last SUE: 1.41
Qual. Beats: 3
Revenue Revenue of GS over the last years for every Quarter: 2021-03: 19276, 2021-06: 16698, 2021-09: 15161, 2021-12: 13854, 2022-03: 12933, 2022-06: 14981, 2022-09: 18482, 2022-12: 20930, 2023-03: 25381, 2023-06: 26047, 2023-09: 28527, 2023-12: 28463, 2024-03: 32394, 2024-06: 31181, 2024-09: 31524, 2024-12: 32240, 2025-03: 31550, 2025-06: 31268, 2025-09: 32154, 2025-12: 30125, 2026-03: 17227,
Rev. CAGR: 3.80%
Rev. Trend: 47.7%
Last SUE: 0.01
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: GS Goldman Sachs

The Goldman Sachs Group, Inc. is a global financial institution headquartered in New York, operating through three primary segments: Global Banking & Markets, Asset & Wealth Management, and Platform Solutions. The firm provides advisory services for mergers and acquisitions, underwriting for public and private offerings, and institutional client execution across various asset classes including equities, fixed income, and commodities.

As a leading entity in the Investment Banking & Brokerage sub-industry, Goldman Sachs utilizes a capital-intensive business model that relies on market volatility for trading revenue and corporate activity for advisory fees. Unlike traditional commercial banks, investment banks generate a significant portion of their income from non-interest sources such as commissions and performance-based management fees.

The Asset & Wealth Management division manages diverse portfolios across private equity, real estate, and credit funds, while the Platform Solutions segment handles transaction banking and credit card services. For a deeper look into these fundamental drivers, you may find further insights on ValueRay.

Headlines to Watch Out For
  • Investment banking fee recovery hinges on global mergers and acquisitions volume
  • Elevated interest rates impact fixed income and equity market making revenue
  • Asset and wealth management growth offsets volatility in cyclical trading segments
  • Regulatory capital requirements and Basel III compliance pressure return on equity
  • Strategic shift away from consumer banking reduces operational costs and losses
Piotroski VR‑10 (Strict) 4.0
Net Income: 18.07b TTM > 0 and > 6% of Revenue
FCF/TA: -0.02 > 0.02 and ΔFCF/TA -0.65 > 1.0
NWC/Revenue: -373.9% < 20% (prev -98.69%; Δ -275.2% < -1%)
CFO/TA -0.02 > 3% & CFO -39.79b > Net Income 18.07b
Net Debt (742.46b) to EBITDA (24.94b): 29.77 < 3
Current Ratio: 0.02 > 1.5 & < 3
Outstanding Shares: last quarter (308.0m) vs 12m ago -5.08% < -2%
Gross Margin: 55.55% > 18% (prev 0.42%; Δ 5.51k% > 0.5%)
Asset Turnover: 5.79% > 50% (prev 7.16%; Δ -1.37% > 0%)
Interest Coverage Ratio: 0.34 > 6 (EBITDA TTM 24.94b / Interest Expense TTM 67.41b)
Altman Z'' -0.88
A: -0.20 (Total Current Assets 7.01b - Total Current Liabilities 421.19b) / Total Assets 2060.18b
B: 0.08 (Retained Earnings 169.32b / Total Assets 2060.18b)
C: 0.01 (EBIT TTM 22.77b / Avg Total Assets 1913.18b)
D: 0.09 (Book Value of Equity 173.21b / Total Liabilities 1936.44b)
Altman-Z'' Score: -0.88 = CCC
Beneish M -2.05
DSRI: 1.31 (Receivables 209.00b/182.37b, Revenue 110.77b/126.50b)
GMI: 0.75 (GM 55.55% / 41.93%)
AQI: 2.70 (AQ_t 0.99 / AQ_t-1 0.37)
SGI: 0.88 (Revenue 110.77b / 126.50b)
TATA: 0.03 (NI 18.07b - CFO -39.79b) / TA 2060.18b)
Beneish M-Score: -2.05 (Cap -4..+1) = BB
What is the price of GS shares? As of May 16, 2026, the stock is trading at USD 948.47 with a total of 1,859,706 shares traded.
Over the past week, the price has changed by +1.28%, over one month by +5.45%, over three months by +4.09% and over the past year by +57.19%.
Is GS a buy, sell or hold? Goldman Sachs has received a consensus analysts rating of 3.52. Therefor, it is recommend to hold GS.
  • StrongBuy: 5
  • Buy: 3
  • Hold: 14
  • Sell: 1
  • StrongSell: 0
What are the forecasts/targets for the GS price?
Analysts Target Price 947.6 -0.1%
Goldman Sachs (GS) - Fundamental Data Overview as of 16 May 2026
P/E Trailing = 17.6979
P/E Forward = 15.9236
P/S = 4.6455
P/B = 2.5327
P/EG = 1.4466
Revenue TTM = 110.77b USD
EBIT TTM = 22.77b USD
EBITDA TTM = 24.94b USD
Long Term Debt = 326.47b USD (from longTermDebt, last quarter)
Short Term Debt = 421.19b USD (from shortTermDebt, last quarter)
Debt = 749.47b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 742.46b USD (from netDebt column, last quarter)
Enterprise Value = 1028.31b USD (285.85b + Debt 749.47b - CCE 7.01b)
Interest Coverage Ratio = 0.34 (Ebit TTM 22.77b / Interest Expense TTM 67.41b)
EV/FCF = -24.53x (Enterprise Value 1028.31b / FCF TTM -41.92b)
FCF Yield = -4.08% (FCF TTM -41.92b / Enterprise Value 1028.31b)
FCF Margin = -37.84% (FCF TTM -41.92b / Revenue TTM 110.77b)
Net Margin = 16.31% (Net Income TTM 18.07b / Revenue TTM 110.77b)
Gross Margin = 55.55% ((Revenue TTM 110.77b - Cost of Revenue TTM 49.24b) / Revenue TTM)
Gross Margin QoQ = none% (prev 51.71%)
Tobins Q-Ratio = 0.50 (Enterprise Value 1028.31b / Total Assets 2060.18b)
Interest Expense / Debt = 2.28% (Interest Expense 17.08b / Debt 749.47b)
Taxrate = 13.20% (856.0m / 6.49b)
NOPAT = 19.76b (EBIT 22.77b * (1 - 13.20%))
Current Ratio = 0.02 (Total Current Assets 7.01b / Total Current Liabilities 421.19b)
Debt / Equity = 6.10 (Debt 749.47b / totalStockholderEquity, last quarter 122.78b)
Debt / EBITDA = 29.77 (Net Debt 742.46b / EBITDA 24.94b)
 Debt / FCF = -17.71 (negative FCF - burning cash) (Net Debt 742.46b / FCF TTM -41.92b)
 Total Stockholder Equity = 123.96b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.94% (Net Income 18.07b / Total Assets 2060.18b)
RoE = 14.58% (Net Income TTM 18.07b / Total Stockholder Equity 123.96b)
RoCE = 5.05% (EBIT 22.77b / Capital Employed (Equity 123.96b + L.T.Debt 326.47b))
RoIC = 3.95% (NOPAT 19.76b / Invested Capital 499.65b)
WACC = 4.58% (E(285.85b)/V(1035.32b) * Re(11.41%) + D(749.47b)/V(1035.32b) * Rd(2.28%) * (1-Tc(0.13)))
Discount Rate = 11.41% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.16%
 [DCF] Fair Price = unknown (Cash Flow -41.92b)
 EPS Correlation: 65.55 | EPS CAGR: 24.44% | SUE: 1.41 | # QB: 3
Revenue Correlation: 47.66 | Revenue CAGR: 3.80% | SUE: 0.01 | # QB: 0
EPS current Quarter (2026-06-30): EPS=13.74 | Chg30d=-0.23% | Revisions=-5% | Analysts=19
EPS next Quarter (2026-09-30): EPS=13.80 | Chg30d=-1.74% | Revisions=-37% | Analysts=18
EPS current Year (2026-12-31): EPS=59.36 | Chg30d=+1.81% | Revisions=+42% | GrowthEPS=+15.7% | GrowthRev=+9.4%
EPS next Year (2027-12-31): EPS=65.40 | Chg30d=+0.40% | Revisions=+17% | GrowthEPS=+10.2% | GrowthRev=+4.8%
[Analyst] Revisions Ratio: +42%