GS Stock Overview

A financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. More details

GS fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	5/6
Financial Health	3/6
Dividends	4/6

Rewards

Trading at 25.7% below our estimate of its fair value

Earnings are forecast to grow 10.61% per year

Earnings grew by 59.3% over the past year

Risk Analysis

Shares are highly illiquid

Significant insider selling over the past 3 months

Dividend of 2.02% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

The Goldman Sachs Group, Inc. Competitors

Swissquote Group Holding

SWX:SQN

CHF 5.0b

UBS Group

SWX:UBSG

CHF 85.1b

Compagnie Financière Tradition

SWX:CFT

CHF 1.3b

Partners Group Holding

SWX:PGHN

CHF 31.6b

Price History & Performance

Summary of share price highs, lows and changes for Goldman Sachs Group
Historical stock prices
Current Share Price	US$198.46
52 Week High	US$0
52 Week Low	US$0
Beta	1.34
1 Month Change	0%
3 Month Change	0%
1 Year Change	0%
3 Year Change	0%
5 Year Change	0%
Change since IPO	9.28%

Recent updates

Shareholder Returns

	GS	CH Capital Markets	CH Market
7D	0%	-4.7%	-2.3%
1Y	0%	5.5%	0.7%

Return vs Industry: GS underperformed the Swiss Capital Markets industry which returned 17.7% over the past year.

Return vs Market: GS underperformed the Swiss Market which returned 6.1% over the past year.

Price Volatility

Is GS's price volatile compared to industry and market?
GS volatility
GS Average Weekly Movement	n/a
Capital Markets Industry Average Movement	3.0%
Market Average Movement	3.2%
10% most volatile stocks in CH Market	7.4%
10% least volatile stocks in CH Market	1.6%

Stable Share Price: GS's share price has been volatile over the past 3 months compared to the Swiss market.

Volatility Over Time: Insufficient data to determine GS's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1869	46,400	David Solomon	www.goldmansachs.com

The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisition financing, as well as secured lending, through structured credit and asset-backed lending and involved in financing under securities to resale agreements.

The Goldman Sachs Group, Inc. Fundamentals Summary

How do Goldman Sachs Group's earnings and revenue compare to its market cap?
GS fundamental statistics
Market cap	CHF 173.57b
Earnings (TTM)	CHF 10.14b
Revenue (TTM)	CHF 43.87b

17.1x

P/E Ratio

4.0x

P/S Ratio

Is GS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GS income statement (TTM)
Revenue	US$49.39b
Cost of Revenue	US$8.28b
Gross Profit	US$41.11b
Other Expenses	US$29.69b
Earnings	US$11.42b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 15, 2025

Earnings per share (EPS)	34.69
Gross Margin	83.24%
Net Profit Margin	23.12%
Debt/Equity Ratio	608.0%

How did GS perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

33%

Payout Ratio

Does GS pay a reliable dividends?

See GS dividend history and benchmarks

When do you need to buy GS by to receive an upcoming dividend?
Goldman Sachs Group dividend dates
Ex Dividend Date	Dec 02 2024
Dividend Pay Date	Dec 30 2024
Days until Ex dividend	20 days
Days until Dividend pay date	8 days

Does GS pay a reliable dividends?

See GS dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/11/17 02:11
End of Day Share Price	2024/08/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Goldman Sachs Group, Inc. is covered by 54 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Stephen Biggar	Argus Research Company
Jason Goldberg	Barclays
Jason Goldberg	Barclays

GS Stock Overview

Rewards

Risk Analysis

The Goldman Sachs Group, Inc. Competitors

SWX:SQN

CHF 5.0b

SWX:UBSG

CHF 85.1b

SWX:CFT

CHF 1.3b

SWX:PGHN

CHF 31.6b

Price History & Performance

Recent News & Updates

Bhartia Family, Goldman Sachs Reportedly in Talks for 40% Stake in Coca-Cola Beverages

Goldman Sachs Appoints Michael Tarulli as Partner and Global Head for Aerospace and Defence

Goldman Sachs Announces Executive Changes

Boston Scientific Corporation (NYSE:BSX) completed the acquisition of Silk Road Medical, Inc (NasdaqGS:SILK) from a group of shareholders.

Goldman Sachs Hires Melissa Goldman as Partner and Global Head of Technology Engineering for Its Global Banking and Markets Division

The Goldman Sachs Group, Inc. to Report Q1, 2025 Results on Apr 14, 2025

Recent updates

Bhartia Family, Goldman Sachs Reportedly in Talks for 40% Stake in Coca-Cola Beverages

Goldman Sachs Appoints Michael Tarulli as Partner and Global Head for Aerospace and Defence

Goldman Sachs Announces Executive Changes

Boston Scientific Corporation (NYSE:BSX) completed the acquisition of Silk Road Medical, Inc (NasdaqGS:SILK) from a group of shareholders.

Goldman Sachs Hires Melissa Goldman as Partner and Global Head of Technology Engineering for Its Global Banking and Markets Division

The Goldman Sachs Group, Inc. to Report Q1, 2025 Results on Apr 14, 2025

Upcoming dividend of US$3.00 per share

Chairman & CEO recently sold CHF2.6m worth of stock

Bolt Threads Inc. completed the acquisition of Golden Arrow Merger Corp. (NasdaqCM:GAMC) from Golden Arrow Sponsor, LLC, Fir Tree Capital Management LP, Magnetar Financial LLC, The Goldman Sachs Group, Jane Street Group, LLC and others.

Goldman Sachs Appoints Bryan Jacobi as Executive to Its Asset Management Arm

The Goldman Sachs Group, Inc. Announces Management Appointments

Independent Director recently sold CHF4.5m worth of stock

Second quarter dividend of US$3.00 announced

Second quarter 2024 earnings released: EPS: US$8.77 (vs US$3.08 in 2Q 2023)

The Goldman Sachs Group, Inc. (NYSE:GS) agreed to acquire an unknown majority stake in Tait Towers Inc. from Providence Equity Partners L.L.C.

The Goldman Sachs Group, Inc. (NYSE:GS) agreed to acquire an unknown majority stake in Tait Towers Inc. from Providence Equity Partners L.L.C.

Saudi Tadawul Group Holding Company (SASE:1111) completed the acquisition of unknown minority stake in Dubai Mercantile Exchange Limited from a group of sellers.

Insufficient new directors

The Goldman Sachs Group, Inc. Appoints John B. Hess as Independent Director of the Board, Effective June 24, 2024

The Goldman Sachs Group, Inc. (NYSE:GS) acquired Xpress Wellness Urgent Care from Latticework Capital Management.

Upcoming dividend of US$2.75 per share

Insider recently sold CHF6.2m worth of stock

Chairman & CEO recently sold CHF2.7m worth of stock

First quarter 2024 earnings released: EPS: US$11.68 (vs US$8.87 in 1Q 2023)

Lead Independent Director recently sold CHF2.0m worth of stock

First quarter dividend of US$2.75 announced

First quarter 2024 earnings released: EPS: US$11.71 (vs US$8.88 in 1Q 2023)

The Goldman Sachs Group, Inc. Announces Executive Changes

The Goldman Sachs Group, Inc., Annual General Meeting, Apr 24, 2024

The Goldman Sachs Group, Inc. Announces Jessica Uhl Not Stand for Re-Election as Member of Board of Directors

First Advantage Corporation (NasdaqGS:FA) entered into an agreement to acquire Sterling Check Corp. (NasdaqGS:STER) from The Goldman Sachs Group, Inc. (NYSE:GS), Caisse de dépôt et placement du Québec and others for $1.7 billion.