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    G

    Goldman Sachs Group Inc (GS)

    Official site

    FINANCIAL SERVICES • CAPITAL MARKETS • NYSE

    $875.79
    -5.47 (-0.62%)

    Market Cap: $256.60B

    Last updated: Oct 20, 2026 at 12:56 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    80%(32/40)
    Avg Surprise
    +19.73%
    Streak
    12 Q

    Upcoming Estimates

    Period ending Dec 31, 2026
    EPS Consensus$27.26
    Range$23.68 - $30.44
    18 analysts
    Revenue Consensus
    $22.3B
    Range$19.3B - $24.7B
    21 analysts
    Period ending Mar 31, 2027
    EPS Consensus$19.19
    Range$16.80 - $21.32
    11 analysts
    EPS Revisions
    1
    0
    7d
    1
    5
    30d
    EPS Estimate DriftChange to current
    90d ago$18.87+1.7%
    60d ago$19.05+0.8%
    30d ago$19.05+0.8%
    7d ago$18.23+5.3%
    Current$19.19
    Revenue Consensus
    $18.9B
    Range$17.9B - $19.4B
    8 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Mar 27EST
    		-$19.19---
    Dec 26EST
    		-$27.26---
    Sep 26
    Reported Oct 13
    		$17.01$12.90+31.86%Beat+38.9%
    Jun 26
    Reported Jul 14
    		$20.98$14.47+44.99%Beat+92.3%
    Mar 26
    Reported Apr 13
    		$17.55$16.24+8.07%Beat+24.3%
    Dec 25
    Reported Jan 15
    		$14.01$11.76+19.13%Beat+27.7%
    Sep 25
    Reported Oct 14
    		$12.25$11.09+10.46%Beat+35.8%
    Jun 25
    Reported Jul 16
    		$10.91$9.62+13.41%Beat+29.7%
    Mar 25
    Reported Apr 14
    		$14.12$12.29+14.89%Beat+21.9%
    Dec 24
    Reported Jan 15
    		$10.97$8.29+32.33%Beat+100.2%
    Sep 24
    Reported Oct 15
    		$9.02$7.31+23.39%Beat+64.9%
    Jun 24
    Reported Jul 15
    		$8.41$8.40+0.12%Beat+173.1%
    Mar 24
    Reported Apr 15
    		$11.58$8.56+35.28%Beat+31.7%
    Dec 23
    Reported Jan 16
    		$5.48$4.27+28.34%Beat+65.1%
    Sep 23
    Reported Oct 17
    		$5.47$5.53-1.08%Miss-33.7%
    Jun 23
    Reported Jul 19
    		$3.08$3.83-19.58%Miss-60.2%
    Mar 23
    Reported Apr 18
    		$8.79$8.06+9.06%Beat-18.3%
    Dec 22
    Reported Jan 17
    		$3.32$5.77-42.46%Miss-69.3%
    Sep 22
    Reported Oct 18
    		$8.25$7.52+9.71%Beat-44.7%
    Jun 22
    Reported Jul 18
    		$7.73$6.56+17.84%Beat-48.5%
    Mar 22
    Reported Apr 14
    		$10.76$8.98+19.82%Beat-42.2%
    Dec 21
    Reported Jan 18
    		$10.81$11.93-9.39%Miss-13.9%
    Sep 21
    Reported Oct 15
    		$14.93$10.01+49.15%Beat+54.2%
    Jun 21
    Reported Jul 13
    		$15.02$10.18+47.54%Beat+139.9%
    Mar 21
    Reported Apr 14
    		$18.60$10.19+82.53%Beat+498.1%
    Dec 20
    Reported Jan 19
    		$12.55$7.36+70.52%Beat+167.6%
    Sep 20
    Reported Oct 14
    		$9.68$5.50+76.00%Beat+102.1%
    Jun 20
    Reported Jul 15
    		$6.26$3.91+60.10%Beat+7.7%
    Mar 20
    Reported Apr 15
    		$3.11$3.36-7.44%Miss-45.5%
    Dec 19
    Reported Jan 15
    		$4.69$5.49-14.57%Miss-22.4%
    Sep 19
    Reported Oct 15
    		$4.79$4.89-2.04%Miss-23.7%
    Jun 19
    Reported Jul 16
    		$5.81$5.09+14.15%Beat-2.8%
    Mar 19
    Reported Apr 15
    		$5.71$5.10+11.96%Beat-17.8%
    Dec 18
    Reported Jan 16
    		$6.04$4.71+28.24%Beat+6.3%
    Sep 18
    Reported Oct 16
    		$6.28$5.38+16.73%Beat+25.1%
    Jun 18
    Reported Jul 17
    		$5.98$4.64+28.88%Beat+51.4%
    Mar 18
    Reported Apr 17
    		$6.95$5.54+25.45%Beat+35.0%
    Dec 17
    Reported Jan 17
    		$5.68$4.95+14.75%Beat+11.8%
    Sep 17
    Reported Oct 17
    		$5.02$4.15+20.96%Beat-
    Jun 17
    Reported Jul 18
    		$3.95$3.41+15.84%Beat-
    Mar 17
    Reported Apr 18
    		$5.15$5.24-1.72%Miss-
    Dec 16
    Reported Jan 18
    		$5.08$4.80+5.83%Beat-

    Dividends

    Dividend Metrics

    Forward Yield2.28%
    Forward Annual Dividend$20.00
    Payout Ratio24.45%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+15.87%
    5Y CAGR+22.87%
    GS dividend history and ex-dividend datesRun GS in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio12.59EV/EBITDAN/A
    Price/FCF-6.35xFCF Yield-15.74%
    Profitability
    Profit Margin31.20%Operating Margin38.20%
    ROE17.70%ROICN/A
    Financial Health
    Debt/EquityN/AInterest Coverage0.44x
    Current Ratio1.92xQuick Ratio1.92x
    Trading Statistics
    Beta1.28Avg Volume2.28M
    52-Week High$1148.3752-Week Low$728.78

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$887.52
    SMA 20$902.27
    SMA 50$969.92
    SMA 200$954.28
    EMA 10$889.33
    EMA 20$907.24
    EMA 50$950.23
    EMA 200$935.67

    MACD

    Line: -25.80Signal: -27.80Hist: 1.99

    ADX

    ADX: 34.1+DI: 19.5-DI: 29.1

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down92.0
    PSAR$924.16

    Bollinger Bands

    Upper Band$943.62
    Lower Band$860.92
    %B Position917%(Upper)
    Band Width0.18

    RSI (14-Day)

    Neutral
    33.0

    Momentum Oscillators

    Stoch %K32.8
    Stoch %D32.1
    Williams %R-76.7
    ROC (10d)-2.0%
    Momentum-17.67
    CCI (20d)-98.2
    MFI (14d)49.7

    Volatility Measures

    ATR (14d)$24.26(2.8%)
    StdDev (20d)20.68
    Hist Vol16.8%(Low)

    Volume Flow

    VWAP$878.53
    OBV63.8M
    AD Line-459.9M
    CMF (20d)-0.149

    Volume Metrics

    Avg Vol (20d)2.3M
    Vol Ratio1.1x
    VWMA (20d)$900.42

    Pivot Points

    R3$934.88
    R2$922.37
    R1$901.82
    Pivot Point$889.31
    S1$868.76
    S2$856.25
    S3$835.70

    Advanced Oscillators

    TSI-33.60
    Ultimate Osc41.4
    KST-97.47

    Financial Data

    QuarterSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
    Total Revenue$37.70B$38.43B$17.23B$30.13B$32.15B$31.27B$31.55B$32.24B$31.52B$31.18B$32.39B$28.46B
    Cost of Revenue$19.39B$18.20B$315.00M$14.55B$17.31B$17.07B$16.77B$18.72B$19.22B$18.73B$18.50B$17.72B
    Gross Profit$18.31B$20.24B$16.91B$15.58B$14.85B$14.20B$14.78B$13.52B$12.30B$12.45B$13.89B$10.74B
    Operating Expenses$11.31B$8.71B$10.43B$9.72B$9.45B$9.24B$9.13B$8.26B$8.31B$8.53B$8.66B$8.49B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$6.04B$7.58B$7.44B$4.67B$4.68B$4.68B$4.88B$3.76B$4.12B$4.24B$4.58B$3.60B
    Operating Income$7.00B$11.52B$6.49B$5.86B$5.39B$4.96B$5.65B$5.26B$3.99B$3.92B$5.24B$2.25B
    Interest Income$0$22.05B$20.64B$20.38B$20.82B$19.79B$19.38B$19.95B$21.45B$20.44B$19.55B$18.48B
    Interest Expense$19.02B$18.09B$17.08B$16.67B$16.97B$16.68B$16.49B$18.37B$18.82B$18.45B$18.18B$17.14B
    Income Before Tax$7.00B$8.56B$6.49B$5.86B$5.39B$4.96B$5.65B$5.26B$3.99B$3.92B$5.24B$2.25B
    Income Tax Expense$1.71B$1.94B$856.00M$1.24B$1.29B$1.24B$909.00M$1.15B$997.00M$873.00M$1.10B$246.00M
    Net Income$5.29B$6.63B$5.63B$4.62B$4.10B$3.72B$4.74B$4.11B$2.99B$3.04B$4.13B$2.01B
    EBITDA$7.54B$12.03B$7.05B$6.38B$5.92B$5.58B$6.15B$5.75B$4.61B$4.56B$5.86B$3.03B
    EBIT$7.00B$11.52B$6.56B$5.86B$5.39B$4.96B$5.65B$5.26B$3.99B$3.92B$5.24B$2.25B
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $37.15M
    Gov Obligations / Revenue
    0.1%
    Obligations YoY
    N/A
    Active Awards
    2
    New Awards (TTM)
    1
    Avg Remaining Term
    1.9 mo

    Top agency: Department of the Treasury at 92.8% of trailing twelve month obligations across 2 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    2031JG26F59000Department of the TreasuryUnited States Mint$34.47MJul 21, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    GS Valuation and Fair Value

    P/E
    12.6x
    Forward P/E
    12.8x
    P/FCF
    -6.4x
    PEG
    1.2x
    P/B
    2.1x
    See GNG's fair value

    GS Profitability: Margins, ROIC and FCF

    Gross margin
    57.5%
    Operating margin
    38.2%
    Net margin
    31.2%
    ROE
    17.7%
    FCF margin
    -33.6%
    FCF yield
    -15.7%

    GS Competitors

    CompanyTicker
    Royal Bank of CanadaRY
    Wells Fargo & CompanyWFC
    Morgan StanleyMS
    Mitsubishi UFJ Financial Group Inc ADRMUFG
    HSBC Holdings PLC ADRHSBC
    American Express CompanyAXP
    Bank of America CorpBAC
    Citigroup Inc.C

    Sector: Financial Services

    GS Analyst Ratings

    Consensus
    Hold
    Analysts
    25
    Strong Buy
    1
    Buy
    6
    Hold
    16
    Sell
    1
    Strong Sell
    1

    GS Bull Case vs Bear Case

    Bull case

    • GS has a 31.2% net profit margin.
    • GS beat EPS estimates in 100.0% of its last 8 reported quarters.
    • GS grew quarterly revenue 23.3% year over year.

    GS Earnings: Beat Rate and Next Report

    Beat rate
    8 of 8 quarters (100.0%)
    Average surprise
    21.9%
    EPS estimate (fiscal period ending Dec 31, 2026)
    $27.26

    GS Dividend

    Forward yield
    2.3%
    Payout ratio
    24.4%
    3Y DPS growth
    15.9%
    5Y DPS growth
    22.9%
    Pay months
    Mar, Jun, Sep, Dec
    GS dividend history

    Frequently Asked Questions About GS

    What is GS's current dividend yield?

    Goldman Sachs Group Inc (GS) has a forward dividend yield of 2.28%.

    Does GS pay dividends?

    Yes, Goldman Sachs Group Inc pays dividends with a forward dividend yield of 2.28%.

    What is GS's P/E ratio?

    Goldman Sachs Group Inc has a price-to-earnings (P/E) ratio of 12.59.

    What is GS's market cap?

    Goldman Sachs Group Inc (GS) has a market capitalization of $256.60B with a current stock price of $875.79.

    Related stocks

    Sector: Financial Services

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