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Goldman Sachs Group Inc. (GS) Stock Fundamental Analysis & AI Rating 2026

GS CIK: 0000886982
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2025-12-31
Combined AI Rating
HOLD
77% Confidence
NEUTRAL
SELL
82% Conf
BUY
72% Conf

📊 GS Key Takeaways

Revenue: $80.4B
Net Margin: 21.4%
Free Cash Flow: $-47.2B
Current Ratio: N/A
Debt/Equity: 1.83x
EPS: $51.32
AI Rating: SELL with 82% confidence
Goldman Sachs Group Inc. (GS) receives a HOLD rating with 77% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $80.4B, net profit margin of 21.4%, and return on equity (ROE) of 13.7%, Goldman Sachs Group Inc. demonstrates mixed fundamentals in the Market sector. Below is our complete GS stock analysis for 2026.

Is Goldman Sachs Group Inc. (GS) a Good Investment?

Claude

Goldman Sachs exhibits strong profitability metrics with 21.4% net margins and 13.7% ROE, supported by exceptional 492.8% revenue growth. However, severe cash flow deterioration with -$47.2B free cash flow and negative operating cash flow raise critical concerns about earnings quality and sustainability. The 1.83x debt-to-equity ratio combined with weak 0.3x interest coverage and negative FCF margin signals potential liquidity stress despite substantial cash reserves.

ChatGPT

Goldman Sachs shows strong core profitability, with a 27.2% operating margin, 21.4% net margin, 13.7% ROE, and solid EPS growth that outpaced net income growth. The balance sheet is heavily leveraged as expected for a large financial institution, but its very large cash position and sizable equity base support financial resilience. Growth quality is somewhat mixed because reported revenue growth appears distorted and free cash flow was deeply negative, so continued earnings strength and capital discipline are critical.

Why Buy Goldman Sachs Group Inc. Stock? GS Key Strengths

Claude
  • + Exceptional revenue growth of 492.8% YoY indicates strong market activity and business momentum
  • + Healthy net profit margin of 21.4% and operating margin of 27.2% demonstrate operational efficiency
  • + Substantial cash reserves of $164.3B provide significant liquidity buffer and financial flexibility
ChatGPT
  • + Strong profitability with 27.2% operating margin and 21.4% net margin
  • + Healthy shareholder returns with 13.7% ROE and 26.6% diluted EPS growth
  • + Large liquidity buffer with $164.26B in cash and a substantial $124.97B equity base

GS Stock Risks: Goldman Sachs Group Inc. Investment Risks

Claude
  • ! Severe negative free cash flow of -$47.2B with -58.7% FCF margin questions earnings quality and sustainability
  • ! Operating cash flow significantly negative at -$45.2B despite positive net income suggests potential working capital deterioration or non-cash accounting items
  • ! Elevated leverage with 1.83x debt-to-equity and concerning 0.3x interest coverage ratio creates refinancing risk in rising rate environment
ChatGPT
  • ! Negative operating cash flow and free cash flow indicate weaker near-term cash generation quality
  • ! High leverage, with $1.68T of liabilities and debt/equity of 1.83x, increases balance-sheet sensitivity
  • ! Revenue growth of 492.8% looks unusually volatile, raising concerns about earnings consistency and comparability

Key Metrics to Watch

Claude
  • * Operating cash flow trend and return to positive territory
  • * Free cash flow sustainability and working capital management
  • * Debt-to-equity ratio trajectory and interest coverage improvement
ChatGPT
  • * Return on equity and net margin sustainability
  • * Operating cash flow and balance-sheet leverage trends

Goldman Sachs Group Inc. (GS) Financial Metrics & Key Ratios

Revenue
$80.4B
Net Income
$17.2B
EPS (Diluted)
$51.32
Free Cash Flow
$-47.2B
Total Assets
$1.8T
Cash Position
$164.3B

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

GS Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 27.2%
Net Margin 21.4%
ROE 13.7%
ROA 0.9%
FCF Margin -58.7%

GS vs Market Sector: How Goldman Sachs Group Inc. Compares

How Goldman Sachs Group Inc. compares to Market sector averages

Net Margin
GS 21.4%
vs
Sector Avg 12.0%
GS Sector
ROE
GS 13.7%
vs
Sector Avg 15.0%
GS Sector
Current Ratio
GS 0.0x
vs
Sector Avg 1.8x
GS Sector
Debt/Equity
GS 1.8x
vs
Sector Avg 0.7x
GS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Goldman Sachs Group Inc. Stock Overvalued? GS Valuation Analysis 2026

Based on fundamental analysis, Goldman Sachs Group Inc. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
13.7%
Sector avg: 15%
Net Profit Margin
21.4%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.83x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Goldman Sachs Group Inc. Balance Sheet: GS Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
1.83x
Debt/Assets
93.1%
Interest Coverage
0.33x
Long-term Debt
$228.7B

GS Revenue & Earnings Growth: 5-Year Financial Trend

GS 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Goldman Sachs Group Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $22.87 reflects profitable operations.

GS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-58.7%
Free cash flow / Revenue

Goldman Sachs Group Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$45.2B
Cash generated from operations
Stock Buybacks
$12.4B
Shares repurchased (TTM)
Capital Expenditures
$2.1B
Investment in assets
Dividends Paid
$5.3B
Returned to shareholders

GS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Goldman Sachs Group Inc. (CIK: 0000886982)

📋 Recent SEC Filings

Date Form Document Action
Apr 16, 2026 4 xslF345X06/wk-form4_1776370489.xml View →
Apr 16, 2026 4 xslF345X06/wk-form4_1776370346.xml View →
Apr 16, 2026 4 xslF345X06/wk-form4_1776370267.xml View →
Apr 16, 2026 4 xslF345X06/wk-form4_1776370130.xml View →
Apr 16, 2026 4 xslF345X06/wk-form4_1776369909.xml View →

Frequently Asked Questions about GS

What is the AI rating for GS?

Goldman Sachs Group Inc. (GS) has a Combined AI Rating of HOLD from Claude (SELL) and ChatGPT (BUY) with 77% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are GS's key strengths?

Claude: Exceptional revenue growth of 492.8% YoY indicates strong market activity and business momentum. Healthy net profit margin of 21.4% and operating margin of 27.2% demonstrate operational efficiency. ChatGPT: Strong profitability with 27.2% operating margin and 21.4% net margin. Healthy shareholder returns with 13.7% ROE and 26.6% diluted EPS growth.

What are the risks of investing in GS?

Claude: Severe negative free cash flow of -$47.2B with -58.7% FCF margin questions earnings quality and sustainability. Operating cash flow significantly negative at -$45.2B despite positive net income suggests potential working capital deterioration or non-cash accounting items. ChatGPT: Negative operating cash flow and free cash flow indicate weaker near-term cash generation quality. High leverage, with $1.68T of liabilities and debt/equity of 1.83x, increases balance-sheet sensitivity.

What is GS's revenue and growth?

Goldman Sachs Group Inc. reported revenue of $80.4B.

Does GS pay dividends?

Goldman Sachs Group Inc. pays dividends, with $5,277.0M distributed to shareholders in the trailing twelve months.

Where can I find GS SEC filings?

Official SEC filings for Goldman Sachs Group Inc. (CIK: 0000886982) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is GS's EPS?

Goldman Sachs Group Inc. has a diluted EPS of $51.32.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is GS a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Goldman Sachs Group Inc. has a HOLD rating with 77% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is GS stock overvalued or undervalued?

Valuation metrics for GS: ROE of 13.7% (sector avg: 15%), net margin of 21.4% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy GS stock in 2026?

Our dual AI analysis gives Goldman Sachs Group Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is GS's free cash flow?

Goldman Sachs Group Inc.'s operating cash flow is $-45.2B, with capital expenditures of $2.1B. FCF margin is -58.7%.

How does GS compare to other Market stocks?

Vs Default sector averages: Net margin 21.4% (avg: 12%), ROE 13.7% (avg: 15%), current ratio N/A (avg: 1.8).

Is Goldman Sachs Group Inc. carrying too much debt?

GS has a debt-to-equity ratio of 1.83x, which is above the Market sector average of 0.7x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI