# The Goldman Sachs Group Inc. (GS) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Financial Services / Capital Markets. Price $896.09, market value $260.9 billion.

## Valuation
- **P/E (trailing): 12.9×** (5-yr avg 12.6×, 3-yr avg 15.6×). The Goldman Sachs Group Inc. trades at 12.9× trailing earnings, close to its own five-year average of 12.6×. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 12.1×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.45**. A PEG of 0.45 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 3.7×**. Each dollar of revenue is priced at 3.7×.
- **Price / book: 2.4×**. The shares trade at 2.4× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -15.3%** (5-yr avg -6.3%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 7.8%**. The inverse of the P/E: 7.8% of the price is earned each year.

## Profitability
- **Net margin: 29.5%**. 29.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 13.7%**. 13.7% on shareholders' equity is solid.
- **Return on assets: 1.2%**. Each dollar of assets produces 1.2% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 8.9%** (3-yr 7.2%/yr, 5-yr 5.5%/yr). Revenue grew 8.9% over the last year, against 5.5% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 26.6%** (3-yr 19.5%/yr, 5-yr 15.7%/yr). Earnings per share rose 26.6%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.
- **Cash and short-term investments: $164.3 billion**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 2.23%** ($18.00 per share, trailing). The Goldman Sachs Group Inc. yields 2.23%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 31%**. 31% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 15**. 15 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 22.9%/yr** (1-yr 21.7%). The dividend has compounded at 22.9% a year over five years, doubling roughly every 3 years at that pace.

## Analyst view
- **Analyst consensus: buy** (21 analysts). 21 analysts cover The Goldman Sachs Group Inc.; the consensus is buy, with an average price target of $1030.67 (+15% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 15.8%** (YTD 2.9%, 3-mo -14.9%). The shares are up 15.8% over twelve months including dividends.
- **From 52-week high: -22.3%** (18.8% above the low). Trading 22% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 46**. An RSI of 46 is neutral.
- **Beta (1 yr): 1.59** (volatility 32%). Beta of 1.59 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=GS · Page: https://foliofundamentals.com/stocks/gs

Not investment advice.