Goldman Sachs (GS)

Financial Services · Capital Markets · S&P 500
$897.18 +0.42% on the day Market cap $262.2B 52-week range $740.01 to $1,153.99 Prices as of Oct 7, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Goldman Sachs's free cash flow was negative in fiscal 2025, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

C

Five factors scored 1 to 9 from GS's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation6
Profitability6
Growth9
Financial health1
Cash efficiency0

Key numbers

P/E (trailing)16.2x
P/E (forward)15.0x
Price / free cash flow—
EV / EBITDA0.00x
Price / sales3.96x
Price / book2.38x
Revenue growth+39.5%
Operating margin—
Net margin31.7%
Return on equity17.1%
Dividend yield1.7%
Debt / equity16.3x

Results from SEC filings

Fiscal years, from Goldman Sachs's 10-K filings. The deep dive has 15+ years, quarters and every line.

Fiscal year20212022202320242025
Revenue$59.3B$47.4B$46.3B$53.5B$58.3B
Net income$21.6B$11.3B$8.5B$14.3B$17.2B
Free cash flow$1.6B$5.0B-$14.9B-$15.3B-$47.2B
EPS (diluted)$59.45$30.06$22.87$40.54$51.32
Operating margin—————

Where the revenue comes from

Revenue by segments, fiscal 2025.

Global Banking & Markets$41.5B71%
Asset & Wealth Management$16.7B29%
Platform Solutions$151M0%

Superinvestors who own GS

From each investor's latest 13F filing (what a 13F shows). 13 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Cliff Asness
AQR Capital Management
Added $492M0.17%Q2 2026
Tom Gayner
Markel Group Inc.
Held $363M2.8%Q2 2026
Dodge & Cox
Dodge & Cox
Trimmed $136M0.07%Q2 2026
Bill Nygren
Harris Associates LP
Trimmed $28M0.04%Q2 2026
Hersh Cohen
ClearBridge Investments
Trimmed $20M0.02%Q2 2026
Joel Greenblatt
Gotham Asset Management
Trimmed $17M0.04%Q2 2026
Eric Marshall
Hodges Capital Management
Trimmed $8M0.55%Q2 2026
Mario Gabelli
GAMCO Investors
Added $7M0.06%Q2 2026
Donald Yacktman
Yacktman Asset Management
Added $5M0.06%Q2 2026
PRIMECAP Management
PRIMECAP Management Co
Trimmed $1M0.00%Q2 2026
Ron Baron
Baron Capital (BAMCO)
Held $809,0960.00%Q2 2026
Murray Stahl
Horizon Kinetics LLC
Trimmed $604,7990.01%Q2 2026

Insider buying

Open-market purchases by Goldman Sachs's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

DateInsiderSharesPriceValue
Mar 19, 2026 Maria Elvira Salazar
0$810.10—
Dec 29, 2025 Markwayne Mullin
0$891.88—

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are Goldman Sachs insiders buying the stock?

2 open-market insider purchases of GS in the last 12 months, from SEC Form 4 filings.

Which superinvestors own Goldman Sachs?

13 of the superinvestors Investingly tracks hold GS in their latest 13F, including Cliff Asness, Tom Gayner, Dodge & Cox.

Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.