The Goldman Sachs Group, Inc.

GS Financial Capital Markets

The Goldman Sachs Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $58.3 billion, up 8.92% from fiscal 2024. In the quarter to September 2026, revenue grew 23.0%, EPS grew 44.0%, free cash flow grew 5.62% and total debt rose 27.1%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for ten consecutive years.

881.26 10.02 −1.12%
Market cap
$259.5B
P/E
12.4×
Fwd P/E
17.5×
Dividend yield
2.04%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

The Goldman Sachs Group, Inc. (GS) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, The Goldman Sachs Group, Inc. (GS) trades at a P/E ratio of 12.4×. Over the past ten years it has ranged from 5.3× (March 2022) to 31.0× (March 2018); the current reading is higher than 53% of that period. That is below the Capital Markets industry median of 14.2× and in line with the Financial sector median of 12.4×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 16.9× 21.39%
FY2024 13.9× (17.37%)
FY2023 16.9× 48.14%
FY2022 11.4× 79.10%
FY2021 6.4× (24.21%)
FY2020 8.4× (22.74%)
FY2019 10.9× 66.00%
FY2018 6.5× (77.44%)
FY2017 29.0× 99.54%
FY2016 14.5× (0.83%)

Quarterly newest first

Period P/E ratio Change
Sep 2026 12.7× (17.81%)
Jun 2026 15.4× 0.90%
Mar 2026 15.3× (9.82%)
Dec 2025 16.9× 5.96%
43 more quarters

Against its own ten years

Low 5.3× High 31.0×
Ten-year median 12.1×
Current reading's percentile 49

P/E ratio against peers

Company P/E ratio
NMR Nomura Holdings Inc ADR compare 9.4×
GS The Goldman Sachs Group, Inc. 12.4×
MS Morgan Stanley compare 14.0×
SCHW The Charles Schwab Corporation compare 15.5×
LPLA LPL Financial Holdings Inc. compare 25.5×
TW Tradeweb Markets Inc. compare 27.0×
IBKR Interactive Brokers Group, Inc. compare 32.7×
HOOD Robinhood Markets, Inc. compare 42.8×
CRCL Circle Internet Group, Inc. compare 43.0×
Capital Markets industry median 14.2×
Financial sector median 12.4×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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