GOLDMAN SACHS GROUP INC (GS) Stock Analysis

GOLDMAN SACHS GROUP INC (GS) Stock Analysis

Overall Grade: F (Concerning)

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GOLDMAN SACHS GROUP INC faces challenges in financial performance that warrant careful analysis.

Key Metrics:

Metric Value Context
ROIC N/A Below expectations
FCF Margin -81.0% Cash flow pressure
Debt/Equity 0.1x Conservative leverage

Investment Thesis: Financial metrics indicate concerning business quality with areas requiring attention.


What is GOLDMAN SACHS GROUP INC's Profitability and ROIC?

GOLDMAN SACHS GROUP INC's return on invested capital of N/A is below the typical cost of capital.

Key Metrics

Metric Value Rating Interpretation
Return on Invested Capital (ROIC) N/A Red flag Below cost of capital
Return on Equity (ROE) 13.1% Adequate Moderate equity returns

How Strong is GOLDMAN SACHS GROUP INC's Cash Flow Quality?

GOLDMAN SACHS GROUP INC generated $-47.2B in free cash flow over the trailing twelve months, representing a -81.0% margin. FCF was positive in N/A of the last 8 quarters, indicating variable cash generation.

Key Metrics

Metric Value Rating Interpretation
Free Cash Flow Margin -81.0% Red flag Thin cash margins
Free Cash Flow (TTM) $-47.2B Red flag Cash burn
OCF/Net Income -2.8x Warning Potential accrual concerns
FCF Consistency (8Q) N/A Warning Variable cash flow

What is GOLDMAN SACHS GROUP INC's Financial Health?

GOLDMAN SACHS GROUP INC maintains a net cash position of $146.8B, providing significant financial flexibility.

Key Metrics

Metric Value Rating Interpretation
Debt to Equity 0.1x Excellent Conservative capital structure
Net Cash Position $146.8B Excellent Net cash positive

Is GOLDMAN SACHS GROUP INC Stock Overvalued or Undervalued?

GOLDMAN SACHS GROUP INC trades at a P/E of 16.9x, representing a premium to the sector median of N/A. Free cash flow yield of -17.2% reflects market expectations for growth.

Key Metrics

Metric Value Rating Interpretation
P/E Ratio 16.9x Adequate Reasonable valuation
EV/Sales 2.8x Good Attractive revenue multiple
FCF Yield -17.2% Warning Lower cash yield
Dividend Yield 1.6% Adequate Growth focus over income

Sector Rankings

Metric Value Percentile vs Median
Free Cash Flow Margin -81.0% Bottom 10% -3.7x below
Return on Equity (ROE) 13.1% Top 50% 1.2x above
P/E Ratio 16.9x N/A -

Rating Thresholds

Free Cash Flow Margin

The percentage of revenue converted to free cash flow. Higher margins indicate stronger cash generation and business quality.

Rating Range Interpretation
Excellent > 20% Strong cash generation, high-quality business
Good 10% - 20% Healthy cash conversion
Adequate 5% - 10% Moderate cash generation
Warning 0% - 5% Thin cash margins, capital intensive
Red flag < 0% Cash burn, potential liquidity concerns

Current: -81.0% (Red flag)

Debt to Equity Ratio

Total debt divided by shareholders' equity. Lower ratios indicate more conservative financing and reduced financial risk.

Rating Range Interpretation
Excellent < 0.3x Conservative leverage, strong balance sheet
Good 0.3x - 0.7x Moderate leverage, healthy financial position
Adequate 0.7x - 1.5x Elevated leverage, monitor closely
Warning 1.5x - 3.0x High leverage, increased financial risk
Red flag > 3.0x Excessive leverage, potential distress risk

Current: 14.0% (Excellent)

P/E Ratio (Price-to-Earnings)

Stock price divided by earnings per share. Lower P/E may indicate undervaluation, while higher P/E suggests growth expectations.

Rating Range Interpretation
Excellent < 15x Attractively valued, potential opportunity
Good 15x - 25x Fair value for quality company
Adequate 25x - 35x Growth premium, justify with earnings growth
Warning 35x - 50x High expectations priced in
Red flag > 50x or negative Speculative valuation or losses

Current: 16.9x (Adequate)

Free Cash Flow Yield

Free cash flow per share divided by stock price. Higher FCF yield indicates better cash return relative to valuation.

Rating Range Interpretation
Excellent > 8% High cash return, potential value opportunity
Good 5% - 8% Solid cash yield
Adequate 3% - 5% Moderate cash return
Warning 1% - 3% Low cash yield, growth expectations
Red flag < 1% Minimal cash return to shareholders

Current: -17.2% (Red flag)


Frequently Asked Questions

Q: What is GOLDMAN SACHS GROUP INC's Return on Invested Capital (ROIC)?

GOLDMAN SACHS GROUP INC (GS) has a trailing twelve-month Return on Invested Capital (ROIC) of N/A. This compares below the sector median of 9.2%. An ROIC below 8% suggests the company may be destroying shareholder value.

Q: What is GOLDMAN SACHS GROUP INC's Free Cash Flow Margin?

GOLDMAN SACHS GROUP INC (GS) has a free cash flow margin of -81.0%, generating $-47.2 billion in free cash flow over the trailing twelve months. Negative free cash flow means the company is consuming cash, which may require financing.

Q: Is GOLDMAN SACHS GROUP INC stock overvalued or undervalued?

GOLDMAN SACHS GROUP INC (GS) trades at a P/E ratio of 16.9x, which is above the sector median of N/A. The EV/Sales multiple is 2.8x.

Q: Does GOLDMAN SACHS GROUP INC pay a dividend?

GOLDMAN SACHS GROUP INC (GS) currently pays a dividend yield of 1.6%. Including share buybacks, the total shareholder yield is 6.1%. The relatively low yield suggests the company prioritizes growth reinvestment over income distribution.

Q: What is GOLDMAN SACHS GROUP INC's revenue and earnings growth?

GOLDMAN SACHS GROUP INC (GS) grew revenue by 8.9% year-over-year. Earnings per share increased by 26.6% compared to the prior year. Modest growth indicates a mature business with stable demand.

Q: Is GOLDMAN SACHS GROUP INC buying back stock?

GOLDMAN SACHS GROUP INC (GS) repurchased $12.4 billion of stock over the trailing twelve months. This represents a buyback yield of 4.5%.

Q: How does GOLDMAN SACHS GROUP INC compare to competitors in Financials?

Compared to other companies in Financials, GOLDMAN SACHS GROUP INC (GS) shows: ROIC of N/A is below the sector median of 9.2% (NaNx median). FCF margin of -81.0% trails the sector median of 22.2%. These rankings are based on MetricDuck's analysis of all Financials companies with available SEC filings.

Q: What warning signs should I watch for with GOLDMAN SACHS GROUP INC?

Investors in GOLDMAN SACHS GROUP INC (GS) should monitor these potential warning signs: 1) FCF margin is thin at -81.0%, leaving limited buffer for economic downturns. Regular monitoring of SEC filings and quarterly trends is recommended.


Data Source: Data sourced from 10-Q filed 2025-10-31. TTM metrics as of Q4 2025.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

This analysis is for informational purposes only and does not constitute investment advice.