The Goldman Sachs Group, Inc. (GS) EBITDA Margin: 19.21%
Is The Goldman Sachs Group, Inc.’s ebitda margin high or low?
The Goldman Sachs Group, Inc.'s ebitda margin of 19.21% is 20% below its 5-year average of 24.13%, near the low end of its 5-year range (14.38%–44.71%).
The ebitda margin for The Goldman Sachs Group, Inc. (GS) is 19.21% as of Tuesday, June 9, 2026. It is above its 12-month average by 7.92% (17.80%).
GS EBITDA Margin Chart
GS Average EBITDA Margin Chart
GS Current vs Average EBITDA Margin Chart
GS EBITDA Margin Metrics
EBITDA MARGIN
19.21%
EBITDA MARGIN AVG TTM
17.80%
EBITDA MARGIN AVG 3Y
18.30%
EBITDA MARGIN AVG 5Y
24.13%
EBITDA MARGIN AVG 10Y
25.22%
EBITDA MARGIN AVG 15Y
26.79%
EBITDA MARGIN AVG 20Y
26.10%
CURRENT VS TTM AVG
+7.92%
CURRENT VS 3Y AVG
+5.00%
CURRENT VS 5Y AVG
-20.38%
CURRENT VS 10Y AVG
-23.83%
CURRENT VS 15Y AVG
-28.29%
CURRENT VS 20Y AVG
-26.39%
GS Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Goldman Sachs Group, Inc. (GS) | — | 19.21% | 17.80% | 18.30% | 24.13% |
| Morgan Stanley (MS) | $331.62B | 23.14% | 22.60% | 23.09% | 28.38% |
| Wells Fargo & Company (WFC) | $250.94B | 23.76% | 24.21% | 24.89% | 26.28% |
| Citigroup Inc. (C) | $229.72B | 13.72% | 13.12% | 15.12% | 19.94% |
| Bank of America Corporation (BAC) | $386.20B | 20.89% | 18.62% | 20.89% | 24.00% |
| American Express Company (AXP) | $217.24B | 19.35% | 19.50% | 19.30% | 20.05% |
| Mastercard Incorporated (MA) | $437.59B | 61.58% | 60.61% | 59.82% | 59.50% |
| BlackRock, Inc. (BLK) | $157.09B | 34.99% | 37.61% | 37.93% | 38.33% |
| The Charles Schwab Corporation (SCHW) | $154.38B | 46.33% | 40.72% | 39.84% | 41.10% |
| Chubb Limited (CB) | $126.10B | 23.60% | 22.95% | 20.98% | 20.61% |
Margin Comparison
Gross Margin
47.5%
EBITDA Margin
19.2%
Operating Margin
17.5%
Net Margin
13.7%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
The Goldman Sachs Group, Inc. EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The Goldman Sachs Group, Inc. EBITDA Margin FAQ
- What is the ebitda margin for The Goldman Sachs Group, Inc. (GS)?
- The ebitda margin for GS stock is 19.21%.
- Is The Goldman Sachs Group, Inc.'s ebitda margin high or low?
- The Goldman Sachs Group, Inc.'s ebitda margin of 19.21% is 20% below its 5-year average of 24.13%, near the low end of its 5-year range (14.38%–44.71%).
- What is the TTM average ebitda margin for The Goldman Sachs Group, Inc. (GS)?
- The TTM average ebitda margin for GS stock is 17.80%.
- What is the 3Y average ebitda margin for The Goldman Sachs Group, Inc. (GS)?
- The 3Y average ebitda margin for GS stock is 18.30%.
- What is the 5Y average ebitda margin for The Goldman Sachs Group, Inc. (GS)?
- The 5Y average ebitda margin for GS stock is 24.13%.
- What is the 10Y average ebitda margin for The Goldman Sachs Group, Inc. (GS)?
- The 10Y average ebitda margin for GS stock is 25.22%.
- What is the 15Y average ebitda margin for The Goldman Sachs Group, Inc. (GS)?
- The 15Y average ebitda margin for GS stock is 26.79%.
- What is the 20Y average ebitda margin for The Goldman Sachs Group, Inc. (GS)?
- The 20Y average ebitda margin for GS stock is 26.10%.
The Goldman Sachs Group, Inc. EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 19.21% |
| 2024-12-31 | 16.39% |
| 2023-12-31 | 14.38% |
| 2022-12-31 | 23.20% |
| 2021-12-31 | 44.71% |
| 2020-12-31 | 26.88% |
| 2019-12-31 | 22.80% |
| 2018-12-31 | 26.37% |
| 2017-12-31 | 28.70% |
| 2016-12-31 | 29.83% |
| 2015-12-31 | 24.94% |
| 2014-12-31 | 34.16% |
| 2013-12-31 | 31.95% |
| 2012-12-31 | 31.07% |
| 2011-12-31 | 21.85% |
| 2010-12-31 | 32.19% |
| 2009-12-31 | 42.13% |
| 2008-11-28 | 7.39% |
| 2007-11-30 | 21.34% |
| 2006-11-24 | 22.43% |
| 2005-11-25 | 21.03% |
| 2004-11-26 | 25.21% |
| 2003-11-28 | 23.66% |
| 2002-11-29 | 17.49% |
| 2001-11-30 | 14.67% |
| 2000-11-30 | 16.68% |
| 1999-11-26 | 9.18% |