NYSE: GS
The Goldman Sachs Group, Inc.
Financial Services · Financial - Capital Markets
Market Cap
$323.49B
52w High
$1,125.00
52w Low
$630.01
P/E
18.69
Volume
2.25M
Outstanding Shares
295.01M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 72.62% over the last year. Revenue declined 12.43% over the trailing twelve months. Operating margin moved from 14.87% to 20.48%. Free cash flow declined 71.13% over the trailing twelve months.
What the market seems to be pricing
The stock is rising despite deteriorating fundamentals and now sits at the 95th percentile of its historical P/E range. This is a momentum-driven move — the market may be front-running a recovery that has not yet appeared in reported numbers.
What would invalidate this read
Operating margin (currently 20.48%) would need to stabilize or improve to justify the move. Revenue is declining 12.43% — a trend reversal in the next report would be the key signal to watch. This read is wrong if the next period shows operating metrics turning the corner. At that point the price would be anticipating real improvement rather than running ahead of it.
Company profile
The Goldman Sachs Group, Inc. (GS) operates as a prominent global financial services firm, offering an extensive array of services to corporations, financial institutions, governmental bodies, and individuals worldwide.
Valuation
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
22
Buy
30
Hold
3
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 14, 2026
Q3 FY26 · EPS est $13.75 · Revenue est $15.73B
View
Dividends
$17.00/shareQuarterlyDividend Achiever · 16yrAt RiskGS pays a dividend with a 1.55% dividend yield, 16 consecutive years of growth, growing at 27.73% annually, covered -8.9× by free cash flow.
Dividend Yield
1.55%
Annual Div / Share
$17.00
5yr CAGR
+27.73%
Doubles every ~2.8yr
Payout Ratio
31.82%
At Risk
Dividend Growth Rate
3yr CAGR
+19.35%
5yr CAGR
+27.73%
10yr CAGR
+20.66%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$1/mo
In 5 yrs
$2/mo
In 10 yrs
$4/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$16/yr $1/mo | $27/yr+76% $2/mo | $48/yr+211% $4/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 1.55% → 4.82% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
GS has raised its dividend for 16 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Strong dividend growth rate
The 5-year CAGR of 27.73% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
Dividend exceeds free cash flow
Free cash flow covers only -8.95× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.