Financials The Goldman Sachs Group, Inc. Nyse

Equities

GS.PRD

US38144G8042

Investment Banking & Brokerage Services

Market Closed - Nyse 01:30:02 11/05/2024 am IST 5-day change 1st Jan Change
23.22 USD +0.96% Intraday chart for The Goldman Sachs Group, Inc. +1.53% +7.30%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 81,415 94,611 1,27,610 1,21,752 1,32,489 1,54,513 - -
Enterprise Value (EV) 1 3,55,415 3,78,611 3,97,610 3,42,752 5,32,489 4,88,185 5,05,742 5,17,607
P/E ratio 10.9 x 10.7 x 6.43 x 11.4 x 16.9 x 12.3 x 11.3 x 10.6 x
Yield 1.8% 1.9% 1.7% 2.62% 2.72% 2.49% 2.65% 2.76%
Capitalization / Revenue 2.23 x 2.12 x 2.15 x 2.57 x 2.85 x 3.02 x 2.92 x 2.84 x
EV / Revenue 9.73 x 8.5 x 6.7 x 7.24 x 11.4 x 9.53 x 9.56 x 9.51 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.05 x 1.12 x 1.35 x 1.13 x 1.23 x 1.37 x 1.28 x 1.22 x
Nbr of stocks (in thousands) 3,54,087 3,58,770 3,33,578 3,54,568 3,43,439 3,39,790 - -
Reference price 2 229.9 263.7 382.6 343.4 385.8 454.7 454.7 454.7
Announcement Date 15/01/20 19/01/21 18/01/22 17/01/23 16/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 36,546 44,560 59,339 47,365 46,524 51,235 52,875 54,410
EBITDA - - - - - - - -
EBIT 1 11,648 15,577 27,401 16,201 12,037 17,301 20,706 18,625
Operating Margin 31.87% 34.96% 46.18% 34.2% 25.87% 33.77% 39.16% 34.23%
Earnings before Tax (EBT) 1 10,583 12,479 27,044 13,486 10,739 16,530 17,486 18,234
Net income 1 7,897 8,915 21,151 10,764 7,907 12,360 13,122 13,614
Net margin 21.61% 20.01% 35.64% 22.73% 17% 24.12% 24.82% 25.02%
EPS 2 21.03 24.74 59.45 30.06 22.87 37.05 40.36 43.10
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 4.150 5.000 6.500 9.000 10.50 11.32 12.06 12.55
Announcement Date 15/01/20 19/01/21 18/01/22 17/01/23 16/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 12,639 12,933 11,864 11,975 10,593 12,224 10,895 11,817 11,318 14,213 12,603 12,688 12,141 14,321 13,182
EBITDA - - - - - - - - - - - - - - -
EBIT 1 5,369 5,217 4,211 4,271 2,502 3,822 2,351 2,763 2,831 5,555 4,627 4,803 4,257 5,588 4,989
Operating Margin 42.48% 40.34% 35.49% 35.67% 23.62% 31.27% 21.58% 23.38% 25.01% 39.08% 36.71% 37.86% 35.06% 39.02% 37.85%
Earnings before Tax (EBT) 1 5,025 4,656 3,544 3,756 1,530 3,993 1,736 2,756 2,254 5,237 4,049 4,077 3,705 4,980 4,383
Net income 1 3,809 3,831 2,786 2,962 1,185 3,087 1,071 1,882 1,867 3,931 2,977 2,992 2,735 3,773 3,290
Net margin 30.14% 29.62% 23.48% 24.73% 11.19% 25.25% 9.83% 15.93% 16.5% 27.66% 23.62% 23.58% 22.53% 26.34% 24.96%
EPS 2 10.81 10.76 7.730 8.250 3.320 8.790 3.080 5.470 5.480 11.58 8.851 8.869 8.146 11.37 9.903
Dividend per Share 2 2.000 2.000 2.000 2.500 2.500 2.500 2.750 - 2.750 - 2.738 2.920 2.920 2.970 2.970
Announcement Date 18/01/22 14/04/22 18/07/22 18/10/22 17/01/23 18/04/23 19/07/23 17/10/23 16/01/24 15/04/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,74,000 2,84,000 2,70,000 2,21,000 4,00,000 3,33,672 3,51,229 3,63,095
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 10% 11.1% 23% 10.2% 7.5% 11.6% 12% 12.4%
ROA (Net income/ Total Assets) 0.82% 0.8% 1.61% 0.74% 0.51% 0.74% 0.76% 0.82%
Assets 1 9,62,462 11,14,375 13,13,001 14,53,024 15,41,927 16,60,170 17,26,900 16,54,829
Book Value Per Share 2 219.0 236.0 284.0 304.0 314.0 333.0 354.0 372.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 15/01/20 19/01/21 18/01/22 17/01/23 16/01/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
24
Last Close Price
454.7 USD
Average target price
449.1 USD
Spread / Average Target
-1.24%
Consensus
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