The Goldman Sachs Group, Inc. (GS)
NYSE · Financials · analysed October 12, 2026
Founded in 1869, The Goldman Sachs Group, Inc. is a leading global financial institution that provides investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals. Its core business encompasses financial advisory for mergers and acquisitions, capital raising and underwriting, institutional market-making and trading, and global asset and wealth management. The firm is currently focused on reinforcing its primary franchises in Global Banking & Markets and Asset & Wealth Management, with key priorities including expanding alternative investments and private credit, growing fee-based wealth revenues, and integrating artificial intelligence to streamline operational efficiency.
Executive summary
Goldman Sachs maintains undisputed global leadership in M&A advisory and institutional markets intermediation, complemented by an expanding Asset and Wealth Management franchise supervising over 3.1 trillion dollars. Following a 13.5% share price pullback over the past 30 days driven by market concerns over peak capital markets activity, the stock trades at an undemanding forward multiple of 12.8x. The ongoing divestiture of its retail consumer credit portfolio to JPMorgan Chase removes a multi-year ROE headwind, positioning the firm for disciplined capital returns despite cyclical sensitivity.
Key figures
- Market cap
- $271.1B
- P/E, trailing
- 13.8
- P/E, next 12 months
- 12.8
- Revenue growth, last fiscal year
- 8.9%
- Net margin, last fiscal year
- 29.5%
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