Goldman Sachs Group Past Earnings Performance
Past criteria checks 5/6
Goldman Sachs Group has been growing earnings at an average annual rate of 1.1%, while the Capital Markets industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 4.3% per year. Goldman Sachs Group's return on equity is 10%, and it has net margins of 23.1%.
Key information
1.1%
Earnings growth rate
2.6%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 4.3% |
| Return on equity | 10.0% |
| Net Margin | 23.1% |
| Next Earnings Update | 15 Jan 2025 |
Recent past performance updates
Recent updates
Goldman Sachs Vs. Morgan Stanley: Which Big Bank Is The Better Buy?
Nov 15The Goldman Sachs Group, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Nov 07
Morgan Stanley Vs. Goldman Sachs: Better Fixed Income Investment?
Oct 18Results: The Goldman Sachs Group, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Oct 18Goldman Sachs: Growth Signs In Key Segments Drive Confidence (Rating Upgrade)
Oct 06The Goldman Sachs Group, Inc. (NYSE:GS) Doing What It Can To Lift Shares
Sep 22Goldman Sachs Is A Buy Amid Favorable Environment, Attractive Valuation
Sep 21Goldman Sachs Group's (NYSE:GS) Upcoming Dividend Will Be Larger Than Last Year's
Aug 26Goldman Sachs: Favorable Fundamentals Are Reflected In Valuation (Downgrade)
Aug 20Goldman Sachs Group (NYSE:GS) Has Announced That It Will Be Increasing Its Dividend To $3.00
Aug 12Goldman Sachs Group's (NYSE:GS) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 22Goldman Sachs: Q2 Earnings Show Growth Is On The Horizon
Jul 18Goldman Sachs Q2 Preview: Accelerating EPS Growth (Rating Upgrade)
Jul 10Goldman Sachs Is Reinventing Itself: A Strategic Shift Ignites Growth
Jul 04Goldman Sachs: Too Late To Buy
May 29Revenue & Expenses Breakdown
How Goldman Sachs Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 49,387 | 11,419 | 19,838 | 0 |
| 30 Jun 24 | 48,895 | 10,520 | 19,883 | 0 |
| 31 Mar 24 | 46,726 | 8,700 | 19,263 | 0 |
| 31 Dec 23 | 45,226 | 7,856 | 18,804 | 0 |
| 30 Sep 23 | 44,106 | 7,170 | 19,024 | 0 |
| 30 Jun 23 | 43,756 | 8,246 | 18,581 | 0 |
| 31 Mar 23 | 44,673 | 9,968 | 18,850 | 0 |
| 31 Dec 22 | 44,650 | 10,711 | 18,873 | 0 |
| 30 Sep 22 | 47,324 | 13,339 | 18,341 | 0 |
| 30 Jun 22 | 49,297 | 15,668 | 17,820 | 0 |
| 31 Mar 22 | 53,580 | 18,232 | 19,104 | 0 |
| 31 Dec 21 | 58,982 | 21,116 | 20,901 | 0 |
| 30 Sep 21 | 58,135 | 21,675 | 19,869 | 0 |
| 30 Jun 21 | 55,205 | 19,631 | 19,585 | 0 |
| 31 Mar 21 | 51,430 | 14,478 | 18,733 | 0 |
| 31 Dec 20 | 41,462 | 8,890 | 15,976 | 0 |
| 30 Sep 20 | 39,633 | 6,245 | 16,734 | 0 |
| 30 Jun 20 | 37,162 | 4,802 | 16,516 | 0 |
| 31 Mar 20 | 34,704 | 6,809 | 15,444 | 0 |
| 31 Dec 19 | 35,481 | 7,871 | 15,437 | 0 |
| 30 Sep 19 | 33,720 | 8,476 | 14,104 | 0 |
| 30 Jun 19 | 34,334 | 9,139 | 14,301 | 0 |
| 31 Mar 19 | 34,489 | 9,286 | 14,331 | 0 |
| 31 Dec 18 | 35,942 | 9,841 | 15,091 | 0 |
| 30 Sep 18 | 35,918 | 5,376 | 15,320 | 0 |
| 30 Jun 18 | 35,598 | 4,954 | 15,335 | 0 |
| 31 Mar 18 | 34,083 | 4,236 | 15,059 | 0 |
| 31 Dec 17 | 32,073 | 3,661 | 14,139 | 0 |
| 30 Sep 17 | 32,409 | 7,953 | 14,279 | 0 |
| 30 Jun 17 | 32,251 | 8,022 | 14,331 | 0 |
| 31 Mar 17 | 32,296 | 8,033 | 14,393 | 0 |
| 31 Dec 16 | 30,608 | 7,066 | 13,774 | 0 |
| 30 Sep 16 | 29,711 | 5,491 | 13,464 | 0 |
| 30 Jun 16 | 28,404 | 4,721 | 12,607 | 0 |
| 31 Mar 16 | 29,541 | 3,994 | 13,144 | 0 |
| 31 Dec 15 | 33,820 | 5,546 | 14,970 | 0 |
| 30 Sep 15 | 34,235 | 7,003 | 14,856 | 0 |
| 30 Jun 15 | 35,761 | 7,816 | 15,309 | 0 |
| 31 Mar 15 | 35,817 | 8,853 | 15,411 | 0 |
| 31 Dec 14 | 34,528 | 8,054 | 14,969 | 0 |
| 30 Sep 14 | 35,622 | 8,270 | 15,220 | 0 |
| 30 Jun 14 | 33,957 | 7,555 | 14,773 | 0 |
| 31 Mar 14 | 33,444 | 7,467 | 14,550 | 0 |
| 31 Dec 13 | 34,206 | 7,702 | 14,923 | 0 |
Quality Earnings: GS has high quality earnings.
Growing Profit Margin: GS's current net profit margins (23.1%) are higher than last year (16.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GS's earnings have grown by 1.1% per year over the past 5 years.
Accelerating Growth: GS's earnings growth over the past year (59.3%) exceeds its 5-year average (1.1% per year).
Earnings vs Industry: GS earnings growth over the past year (59.3%) exceeded the Capital Markets industry 13%.
Return on Equity
High ROE: GS's Return on Equity (10%) is considered low.