The Goldman Sachs Group, Inc. GS

935.45 12.16 1.32% as of 25 Sep
Market cap
$269.9B
P/E
14.3×
Indexes indicate stock being part of an index,
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The Goldman Sachs Group, Inc. (GS) Net margin

The Goldman Sachs Group, Inc.'s net margin over the twelve months to 30 June 2026 was 30.3%, up 2.3 percentage points from fiscal 2025 (28.0%). Over the past ten years it has ranged from 11.3% (fiscal 2017) to 35.6% (fiscal 2021); the current reading is higher than 91% of that period. That is above the Capital Markets industry median of −0.55% and above the Financial sector median of 13.5%.

Net margin, annual

Annual

Period Net margin Change (points)
FY2025 28.0% 2.70
FY2024 25.3% 8.18
FY2023 17.1% (5.64)
FY2022 22.7% (12.91)
FY2021 35.6% 15.63
FY2020 20.0% (1.60)
FY2019 21.6% (5.32)
FY2018 26.9% 15.67
FY2017 11.3% (11.76)
FY2016 23.0% 6.56

Quarterly

Period Net margin Change (points)
Jun 2026 31.5% 0.10
Mar 2026 31.4% (1.23)
Dec 2025 32.6% 7.17
Sep 2025 25.4% 1.60
42 more quarters

Against its own ten years

Low 11.3% High 35.6%
Ten-year median 22.7%
Current reading's percentile 91

Net margin against peers

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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