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Goldman Sachs Group Inc

Exchange: NYSESector: Financial ServicesIndustry: Capital Markets

Goldman Sachs is one of the leading investors in alternatives globally, with over $625 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, private credit, real estate, infrastructure, sustainability, and hedge funds. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs. The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets. The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets for the world's leading institutions, financial advisors and individuals. Goldman Sachs has approximately $3.6 trillion in assets under supervision globally as of December 31, 2025. Established in 1996, Private Credit at Goldman Sachs Alternatives is one of the world's largest private credit investors with over $180 billion in assets across direct lending, mezzanine debt, hybrid capital and asset-based lending strategies. The team's deep industry and product knowledge, extensive relationships and global footprint position the firm to deliver scaled outcomes with speed and certainty, supporting companies from the lower middle market to large cap in size. Follow us on LinkedIn. SOURCE Arevon

Did you know?

GS's revenue grew at a 8.1% CAGR over the last 6 years.

Current Price

$863.04

+0.33%

GoodMoat Value

$1732.75

100.8% undervalued
Profile
Valuation (TTM)
Market Cap$258.85B
P/E15.88
EV$1.01T
P/B2.07
Shares Out299.93M
P/Sales4.44
Revenue$58.28B
EV/EBITDA42.36

Goldman Sachs Group Inc (GS) Quality Analysis

GoodMoat Analysis

Based on data as of March 26, 2026

Goldman Sachs demonstrates strong profitability with robust margins and a solid return on equity, but its quality profile is mixed for a value investor. The business shows improving revenue growth and profitability, yet its high financial leverage and negative free cash flow are significant concerns that require careful evaluation against peers.

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Goldman Sachs exhibits a mixed quality profile when assessed through the framework's lens. The business is highly profitable, with an operating margin of 37.5% and a profit margin of 29.5%, which are strong for the capital markets industry. Its Return on Equity (ROE) of 13.7% is respectable but falls below the framework's high-quality threshold of 15-20%. The 15.2% YoY revenue growth indicates positive momentum. However, several indicators are unfavourable. The Debt/Equity ratio of 7.39 is extremely high, far exceeding the framework's preference for a Debt/EBITDA under 1.0x, indicating a leveraged balance sheet. The Free Cash Flow Yield is deeply negative at -18.4%, failing the test for positive, growing FCF. The business model is inherently asset-heavy, not asset-light. From a moat perspective, Goldman Sachs likely scores on criteria like Brand & Culture, Strategic Partnerships, and possibly Regulatory Barriers, given its status as a global investment banking leader. Its competitive position is entrenched, but the financial structure introduces quality risks that peer comparisons would need to contextualize, particularly regarding leverage and cash flow stability. Profitability is currently strong and improving on a revenue basis, but the capital structure and cash conversion warrant close scrutiny. Analysis based on data as of 2024-05-15.

GS GoodMoat Verdict

Full signal breakdown coming soon. Use the X-Ray tool for a detailed analysis.

GS Profitability

Profitability trend analysis coming soon

GS Growth

Growth trend analysis coming soon

GS Financial Health

Financial health indicators coming soon

GS Quality & Fundamental Analysis

Goldman Sachs Group Inc (GS) is a Financial Services company in the Capital Markets industry, listed on NYSE. This quality analysis page evaluates Goldman Sachs Group Inc's financial health using the Piotroski F-Score methodology, profitability ratios, growth trajectory, and balance sheet strength.

Goldman Sachs Group Inc has a Piotroski F-Score of N/A out of 9, measuring profitability, leverage, and operating efficiency. The company operates with a profit margin of 29.47% and a return on equity (ROE) of 13.74%. Return on assets (ROA) stands at 0.95%.

The debt-to-equity ratio is 7.39, Operating margin is 37.49%.

GoodMoat's quality analysis uses AI-powered insights to evaluate whether Goldman Sachs Group Inc is a fundamentally sound investment. The GoodMoat Verdict synthesizes profitability, growth, and financial health scores into a clear investment quality rating. Use these metrics alongside valuation tools like the DCF calculator and fair value models to make informed investment decisions.