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Companies / Financials / Goldman Sachs
GS

Goldman Sachs

FinancialsBanks & BrokersS&P 500
Ticker GSNEW YORK, NYFiscal year ends DecemberBook value per share $400.46Diluted shares 306.5M

Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base including corporations, financial institutions, governments and individuals. The company operates under the legal name The Goldman Sachs Group, Inc. (NYSE: GS) and maintains… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$58.28BFY2025
+8.9% year over year
Last 12 mo $66.20B
37.49%FY2025
+3.1 percentage points
Last 12 mo 39.72%
$17.18BFY2025
+20.3% year over year
Last 12 mo $20.97B
13.74%FY2025
+2 percentage points
Last 12 mo 17.09%
Cash & financing
$-45.15BFY2025
−241.8% year over year
Last 12 mo $-39.36B
$-47.22BFY2025
−208.6% year over year
Last 12 mo $-41.52B
6.86FY2025
Was 6.11× a year earlier
Last 12 mo 3.57
317.6MFY2025
−4.8% year over year
Last 12 mo 306.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Goldman Sachs does

In the company’s own words

Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base including corporations, financial institutions, governments and individuals. The company operates under the legal name The Goldman Sachs Group, Inc. (NYSE: GS) and maintains its website at www.goldmansachs.com.

The firm organizes its business into three primary segments. Global Banking & Markets generates revenues from investment banking fees including advisory services and equity and debt underwriting, fixed income currency and commodities intermediation and financing, equities intermediation and financing, relationship lending and acquisition financing, and transaction banking services. Asset & Wealth Management provides investment services to institutional and individual clients across equity, fixed income and alternative investments, offering separately managed accounts, mutual funds, exchange-traded funds, private partnerships and commingled vehicles, along with customized wealth advisory services and private banking. Platform Solutions substantially comprises activities related to issuing credit cards to and raising deposits from Apple Card customers, though the company entered into an agreement in December 2025 to transition the Apple Card program to another issuer over approximately 24 months.

As of December 2025, Goldman Sachs employed 47,400 people across offices in over 35 countries, with 50 percent of headcount based in the Americas, 20 percent in Europe, Middle East and Africa, and 30 percent in Asia. The company's employees represent over 190 countries and speak more than 175 languages. Forty-five percent of employees work in strategic locations including Bengaluru, Salt Lake City, Dallas, Singapore, Warsaw, Birmingham and Hyderabad.

Goldman Sachs operates as a bank holding company and financial holding company regulated by the Federal Reserve Board. Its principal U.S. subsidiaries include Goldman Sachs Bank USA, Goldman Sachs & Co. LLC and J. Aron & Company LLC. International operations are conducted through subsidiaries including Goldman Sachs International and Goldman Sachs Bank Europe SE in Europe and Goldman Sachs Japan Co., Ltd. in Asia. The firm maintains a long-standing commitment to sustainability, focusing on climate transition and inclusive growth initiatives while serving as a market maker and financial intermediary connecting capital providers with those seeking financing.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
886982
SIC
6211

Financial performance, year by year

Fiscal 2013–2025 · USD
$-6.62B$13.24B$33.10B$52.96B$72.82B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Goldman Sachs — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

1.1K
funds hold it
2 of 35
superinvestors hold it
$79.28B
held by funds, at market
27.4%
of shares held by funds
143
bond issues held by funds

Superinvestors in Goldman Sachs · what they did last quarter

Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
2.8%of 13F portfolio
Bill NygrenDECREASED -5.0%
Harris Associates (Oakmark)
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Goldman Sachs’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.38%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.43%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.46%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.47%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Goldman Sachs’s bonds, as funds hold them

Funds report holding 143 issues of Goldman Sachs’s debt, $38.69B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.51%, maturing 2026 to 2056.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Goldman Sachs and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Goldman Sachs's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Goldman Sachs's last four quarterly filings that the numbers alone won't show?”
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