US · GS
The Goldman Sachs Group, Inc.
- Sector
- Financial Services · Financial - Capital Markets
- Headquarters
- New York City, NY 10282
- Website
- goldmansachs.com
Price · as of 2025-12-31
$923.71
Market cap 260.21B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $901.05 | -2.45% |
| Intrinsic Value(DCF) | $497.73 | -46.12% |
| Graham-Dodd Method(GD) | $363.69 | -60.63% |
| Graham Formula(GF) | $373.03 | -59.62% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $90.68 | $549.31 | $46.72 | $84.79 | $0.00 |
| 2012 | $120.28 | $585.21 | $72.46 | $187.62 | $312.69 |
| 2013 | $138.81 | $544.89 | $79.37 | $191.61 | $103.46 |
| 2014 | $152.77 | $335.66 | $102.50 | $217.32 | $114.85 |
| 2015 | $126.00 | $279.10 | $107.43 | $196.64 | $81.66 |
| 2016 | $206.10 | $225.75 | $126.11 | $221.40 | $87.75 |
| 2017 | $227.56 | $330.68 | $113.99 | $182.95 | $219.48 |
| 2018 | $166.55 | $197.80 | $11.51 | $289.50 | $802.11 |
| 2019 | $168.25 | $239.36 | $394.53 | $260.60 | $250.61 |
| 2020 | $310.96 | $243.72 | $383.12 | $291.40 | $195.48 |
| 2021 | $297.22 | $320.06 | $528.64 | $493.41 | $1,765.37 |
| 2022 | $306.07 | $249.61 | $606.28 | $317.78 | $437.46 |
| 2023 | $372.90 | $467.88 | $11,253.47 | $266.24 | $1,584.69 |
| 2024 | $551.20 | $788.10 | $22,170.06 | $365.95 | $1,061.29 |
| 2025 | $861.70 | $901.05 | $5,784.54 | $363.69 | $373.03 |
AI valuation
Our deep-learning model estimates The Goldman Sachs Group, Inc.'s (GS) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $901.05
- Current price
- $923.71
- AI upside
- -2.45%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$497.73
-46.12% upside
Graham-Dodd
$363.69
-60.63% upside
Graham Formula
$373.03
-59.62% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| GS | The Goldman Sachs Group, … | $923.71 | 260.21B | -2% | -46% | -61% | -60% | 15.69 | 2.16 | 2.15 | 17.90 | 59.00 | 2.75 | 45.70% | 15.69% | 13.73% | 13.91% | 48.89% | 0.99% | 4.95 | 0.29 | 1.21 | 1.21 | 20.86 | 2659.00% | -138.00% | 20855.00% | -17.52% | -0.08 | -149.66% | 1.96% | 30.70% | 6.55% | 19.89 | -8.27 | 3.12 | 0.28 |
| AXP | American Express Company | $308.90 | 212.79B | -47% | +34% | -77% | -19% | 19.72 | 6.38 | 2.66 | 13.42 | 203.33 | 7.49 | 62.85% | 20.64% | 13.39% | 33.99% | 31.68% | 3.79% | 1.73 | 5.91 | 0.28 | 0.28 | 0.61 | 970.00% | 844.00% | 3183.00% | 7.49% | 0.11 | 38.89% | 1.06% | 21.00% | 4.01% | 13.42 | 13.93 | 2.77 | 0.56 |
| HSBC | HSBC Holdings plc | $93.16 | 320.01B | -18% | +186% | -73% | -23% | 14.79 | 1.76 | 2.12 | 5.35 | — | 1.90 | 54.63% | 20.27% | 15.11% | 11.67% | 27.55% | 0.68% | 2.79 | 0.47 | 2.62 | 2.62 | 7.19 | -242.00% | 319.00% | -8471.00% | 3.00% | 0.04 | 11.52% | 4.32% | 63.90% | 5.47% | 5.19 | 16.56 | 1.05 | 0.36 |
| MS | Morgan Stanley | $166.47 | 264.57B | -27% | +135% | -69% | +30% | 15.56 | 2.35 | 2.26 | 7.45 | 54.98 | 2.95 | 57.48% | 18.91% | 14.52% | 15.60% | 30.78% | 1.28% | 4.26 | 0.45 | 1.17 | 1.17 | 13.70 | 2830.00% | 1257.00% | -229524.00% | 17.57% | 0.09 | 83.34% | 2.51% | 39.10% | 4.74% | 9.02 | 4.29 | 1.70 | 0.45 |
| RY | Royal Bank of Canada | $167.23 | 234.95B | +114% | -45% | -73% | -37% | 16.33 | 2.39 | 2.42 | 34.89 | 64.13 | 2.96 | 45.26% | 18.67% | 14.82% | 15.30% | 2.63% | 0.91% | 6.00 | 0.36 | 0.13 | 0.13 | 26.02 | 2547.00% | 213.00% | 15398.00% | 15.92% | 0.04 | 6.84% | 2.65% | 43.20% | 6.70% | 39.08 | 18.92 | 7.30 | -0.45 |
| SCHW | The Charles Schwab Corpor… | $95.20 | 172.81B | -39% | -27% | -52% | -25% | — | 3.43 | 6.11 | 13.33 | — | 5.60 | 80.28% | 49.42% | 31.99% | 0.00% | 42.73% | 0.00% | 0.65 | 3.64 | 2952.94 | 1654.88 | 2.10 | 5585.00% | 645.00% | 32746.00% | 5.18% | 136.93 | 35.45% | 0.00% | — | 0.00% | 14.66 | 22.87 | 7.24 | 133.48 |
About The Goldman Sachs Group, Inc.
The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The company's Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and middle-market lending, relationship lending, and acquisition financing, as well as transaction banking services. This segment also offers underwriting services, such as equity underwriting for common and preferred stock and convertible and exchangeable securities; and debt underwriting for various types of debt instruments, including investment-grade and high-yield debt, bank and bridge loans, and emerging-and growth-market debt, as well as originates structured securities. Its Global Markets segment is involved in client execution activities for cash and derivative instruments; credit and interest rate products; and provision of equity intermediation and equity financing, clearing, settlement, and custody services, as well as mortgages, currencies, commodities, and equities related products. The company's Asset Management segment manages assets across various classes, including equity, fixed income, hedge funds, credit funds, private equity, real estate, currencies, and commodities; and provides customized investment advisory solutions, as well as invests in corporate, real estate, and infrastructure entities. Its Consumer & Wealth Management segment offers wealth advisory and banking services, including financial planning, investment management, deposit taking, and lending; private banking; and unsecured loans, as well as accepts saving and time deposits. The company was founded in 1869 and is headquartered in New York, New York.
- CEO
- David Solomon
- Employees
- 46.6K
- Beta
- 1.31
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($497.73 ÷ $923.71) − 1 = -46.12% (DCF, example).