Goldman Sachs Group Net Income

GS Stock  USD 892.31  29.93  3.25%   
As of the 24th of February, Goldman Sachs retains the Risk Adjusted Performance of 0.1071, downside deviation of 1.93, and Market Risk Adjusted Performance of 0.1411. Goldman Sachs technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Goldman Sachs Group downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Goldman Sachs is priced fairly, providing market reflects its last-minute price of 892.31 per share. Given that Goldman Sachs Group has jensen alpha of 0.117, we strongly advise you to confirm Goldman Sachs Group's regular market performance to make sure the company can sustain itself at a future point.

Goldman Sachs Total Revenue

131.35 Billion

Goldman Sachs' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Goldman Sachs' valuation are provided below:
Gross Profit
49.2 B
Profit Margin
0.2892
Market Capitalization
270.1 B
Enterprise Value Revenue
10.854
Revenue
59.4 B
There are over one hundred nineteen available fundamental trends for Goldman Sachs Group, which can be analyzed over time and compared to other ratios. All traders should confirm Goldman Sachs' regular fundamentals against the performance from 2010 to 2026 and make sure the trends continue to evolve in the right direction. Enterprise Value is likely to gain to about 287.5 B in 2026, whereas Market Cap is likely to drop slightly above 53.5 B in 2026. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income16.4 B8.4 B
Net Income Applicable To Common Shares16.3 B8.5 B
Net Income From Continuing Ops16.4 B8.4 B
Net Income Per Share 54.93  57.67 
Net Income Per E B T 0.79  0.81 
At this time, Goldman Sachs' Net Income Per Share is comparatively stable compared to the past year. Net Income Per E B T is likely to gain to 0.81 in 2026, whereas Net Income is likely to drop slightly above 8.4 B in 2026.
  
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The evolution of Net Income for Goldman Sachs Group provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Goldman Sachs compares to historical norms and industry peers.

Latest Goldman Sachs' Net Income Growth Pattern

Below is the plot of the Net Income of Goldman Sachs Group over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Goldman Sachs Group financial statement analysis. It represents the amount of money remaining after all of Goldman Sachs Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Goldman Sachs' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Goldman Sachs' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 14.28 B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Goldman Net Income Regression Statistics

Arithmetic Mean9,350,481,264
Geometric Mean8,325,159,608
Coefficient Of Variation50.55
Mean Deviation3,313,307,343
Median8,477,000,000
Standard Deviation4,726,461,684
Sample Variance22339440.1T
Range18.9B
R-Value0.65
Mean Square Error13846747.2T
R-Squared0.42
Significance0
Slope605,792,774
Total Sum of Squares357431040.8T

Goldman Net Income History

20268.8 B
202517.2 B
202414.3 B
20238.5 B
202211.3 B
202121.6 B
20209.5 B

Other Fundumenentals of Goldman Sachs Group

Goldman Sachs Net Income component correlations

Goldman Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Goldman Sachs is extremely important. It helps to project a fair market value of Goldman Stock properly, considering its historical fundamentals such as Net Income. Since Goldman Sachs' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Goldman Sachs' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Goldman Sachs' interrelated accounts and indicators.
Is there potential for Investment Banking & Brokerage market expansion? Will Goldman introduce new products? Factors like these will boost the valuation of Goldman Sachs. Market participants price Goldman higher when confident in its future expansion prospects. Understanding fair value requires weighing current performance against future potential. All the valuation information about Goldman Sachs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.173
Dividend Share
14
Earnings Share
51.31
Revenue Per Share
189.946
Quarterly Revenue Growth
0.152
Investors evaluate Goldman Sachs Group using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Goldman Sachs' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Goldman Sachs' market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Goldman Sachs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Goldman Sachs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Goldman Sachs' market price signifies the transaction level at which participants voluntarily complete trades.

Goldman Sachs 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Goldman Sachs' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Goldman Sachs.
0.00
11/26/2025
No Change 0.00  0.0 
In 2 months and 31 days
02/24/2026
0.00
If you would invest  0.00  in Goldman Sachs on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding Goldman Sachs Group or generate 0.0% return on investment in Goldman Sachs over 90 days. Goldman Sachs is related to or competes with Cipher Mining, Riot Blockchain, Marathon Digital, Western Alliance, Freedom Holding, First Horizon, and Stepstone. The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financi... More

Goldman Sachs Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Goldman Sachs' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Goldman Sachs Group upside and downside potential and time the market with a certain degree of confidence.

Goldman Sachs Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Goldman Sachs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Goldman Sachs' standard deviation. In reality, there are many statistical measures that can use Goldman Sachs historical prices to predict the future Goldman Sachs' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Goldman Sachs' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
803.08895.23897.07
Details
Intrinsic
Valuation
LowRealHigh
803.08958.88960.72
Details
Naive
Forecast
LowNextHigh
915.35917.19919.03
Details
23 Analysts
Consensus
LowTargetHigh
872.87959.201,065
Details

Goldman Sachs February 24, 2026 Technical Indicators

Goldman Sachs Group Backtested Returns

Currently, Goldman Sachs Group is very steady. Goldman Sachs Group holds Efficiency (Sharpe) Ratio of 0.0951, which attests that the entity had a 0.0951 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Goldman Sachs Group, which you can use to evaluate the volatility of the firm. Please check out Goldman Sachs' Market Risk Adjusted Performance of 0.1411, risk adjusted performance of 0.1071, and Downside Deviation of 1.93 to validate if the risk estimate we provide is consistent with the expected return of 0.18%. Goldman Sachs has a performance score of 7 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.73, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Goldman Sachs will likely underperform. Goldman Sachs Group right now retains a risk of 1.86%. Please check out Goldman Sachs downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if Goldman Sachs will be following its current trending patterns.

Auto-correlation

    
  -0.53  

Good reverse predictability

Goldman Sachs Group has good reverse predictability. Overlapping area represents the amount of predictability between Goldman Sachs time series from 26th of November 2025 to 10th of January 2026 and 10th of January 2026 to 24th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Goldman Sachs Group price movement. The serial correlation of -0.53 indicates that about 53.0% of current Goldman Sachs price fluctuation can be explain by its past prices.
Correlation Coefficient-0.53
Spearman Rank Test-0.51
Residual Average0.0
Price Variance382.19
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Goldman Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(2.31 Billion)

At this time, Goldman Sachs' Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, Goldman Sachs Group reported net income of 14.28 B. This is much higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The net income for all United States stocks is significantly lower than that of the firm.

Goldman Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Goldman Sachs' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Goldman Sachs could also be used in its relative valuation, which is a method of valuing Goldman Sachs by comparing valuation metrics of similar companies.
Goldman Sachs is currently under evaluation in net income category among its peers.

Goldman Sachs ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Goldman Sachs' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Goldman Sachs' managers, analysts, and investors.
Environmental
Governance
Social

Goldman Sachs Institutional Holders

Institutional Holdings refers to the ownership stake in Goldman Sachs that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Goldman Sachs' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Goldman Sachs' value.
Shares
Northern Trust Corp2025-06-30
3.3 M
Dodge & Cox2025-06-30
3.3 M
Norges Bank2025-06-30
M
Ubs Group Ag2025-06-30
2.8 M
Amvescap Plc.2025-06-30
2.8 M
Fmr Inc2025-06-30
2.5 M
Ubs Asset Mgmt Americas Inc2025-06-30
2.5 M
Legal & General Group Plc2025-06-30
2.1 M
Charles Schwab Investment Management Inc2025-06-30
1.9 M
Vanguard Group Inc2025-06-30
29 M
Blackrock Inc2025-06-30
23.1 M

Goldman Fundamentals

About Goldman Sachs Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Goldman Sachs Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goldman Sachs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goldman Sachs Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Goldman Stock Analysis

When running Goldman Sachs' price analysis, check to measure Goldman Sachs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goldman Sachs is operating at the current time. Most of Goldman Sachs' value examination focuses on studying past and present price action to predict the probability of Goldman Sachs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldman Sachs' price. Additionally, you may evaluate how the addition of Goldman Sachs to your portfolios can decrease your overall portfolio volatility.