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The Goldman Sachs Group, Inc. (GS) Gross Margin: 55.55%

Is The Goldman Sachs Group, Inc.’s gross margin high or low?

The Goldman Sachs Group, Inc.'s gross margin of 55.55% is in line with its 5-year average of 60.59%, near the low end of its 5-year range (41.12%–90.76%).

The gross margin for The Goldman Sachs Group, Inc. (GS) is 55.55% as of Wednesday, June 10, 2026. It is above its 12-month average by 25.40% (44.30%).

GS Gross Margin Chart

GS Gross Margin
47.48%+15.47% 1Y
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GS Average Gross Margin Chart

GS Current vs Average Gross Margin Chart

GS Gross Margin Metrics

GROSS MARGIN

55.55%

GROSS MARGIN AVG TTM

44.30%

GROSS MARGIN AVG 3Y

48.82%

GROSS MARGIN AVG 5Y

60.59%

GROSS MARGIN AVG 10Y

67.22%

GROSS MARGIN AVG 15Y

72.17%

GROSS MARGIN AVG 20Y

69.51%

CURRENT VS TTM AVG

+25.40%

CURRENT VS 3Y AVG

+13.78%

CURRENT VS 5Y AVG

-8.32%

CURRENT VS 10Y AVG

-17.36%

CURRENT VS 15Y AVG

-23.03%

CURRENT VS 20Y AVG

-20.08%

GS Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
The Goldman Sachs Group, Inc. (GS)55.55%44.30%48.82%60.59%
Morgan Stanley (MS)$327.17B57.99%56.34%62.35%72.96%
Wells Fargo & Company (WFC)$251.58B64.55%63.48%70.30%75.77%
Citigroup Inc. (C)$228.07B45.48%43.10%49.78%59.91%
American Express Company (AXP)$214.47B83.50%82.56%84.69%86.88%
Bank of America Corporation (BAC)$388.93B63.18%53.00%60.28%70.02%
Mastercard Incorporated (MA)$432.15B82.96%79.87%78.02%77.26%
BlackRock, Inc. (BLK)$156.77B59.14%52.47%50.40%50.54%
The Charles Schwab Corporation (SCHW)$156.50B87.57%80.92%82.18%87.13%
Chubb Limited (CB)$128.60B35.20%29.13%27.76%26.38%

Gross Margin Analysis

Gross Margin

55.5%

(Revenue - COGS) / Revenue

The Goldman Sachs Group, Inc. Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

The Goldman Sachs Group, Inc. Gross Margin FAQ

What is the gross margin for The Goldman Sachs Group, Inc. (GS)?
The gross margin for GS stock is 55.55%.
Is The Goldman Sachs Group, Inc.'s gross margin high or low?
The Goldman Sachs Group, Inc.'s gross margin of 55.55% is in line with its 5-year average of 60.59%, near the low end of its 5-year range (41.12%–90.76%).
What is the TTM average gross margin for The Goldman Sachs Group, Inc. (GS)?
The TTM average gross margin for GS stock is 44.30%.
What is the 3Y average gross margin for The Goldman Sachs Group, Inc. (GS)?
The 3Y average gross margin for GS stock is 48.82%.
What is the 5Y average gross margin for The Goldman Sachs Group, Inc. (GS)?
The 5Y average gross margin for GS stock is 60.59%.
What is the 10Y average gross margin for The Goldman Sachs Group, Inc. (GS)?
The 10Y average gross margin for GS stock is 67.22%.
What is the 15Y average gross margin for The Goldman Sachs Group, Inc. (GS)?
The 15Y average gross margin for GS stock is 72.17%.
What is the 20Y average gross margin for The Goldman Sachs Group, Inc. (GS)?
The 20Y average gross margin for GS stock is 69.51%.

The Goldman Sachs Group, Inc. Gross Margin History

DATEGROSS MARGIN
2025-12-3147.48%
2024-12-3141.12%
2023-12-3141.71%
2022-12-3164.98%
2021-12-3190.76%
2020-12-3177.50%
2019-12-3165.79%
2018-12-3168.33%
2017-12-3174.68%
2016-12-3180.77%
2015-12-3186.25%
2014-12-3186.14%
2013-12-3183.69%
2012-12-3182.00%
2011-12-3178.31%
2010-12-3185.19%
2009-12-3187.42%
2008-11-2841.48%
2007-11-3052.28%
2006-11-2454.31%
2005-11-2558.16%
2004-11-2670.21%
2003-11-2867.83%
2002-11-2961.20%
2001-11-3050.78%
2000-11-3050.27%
1999-11-2652.62%

About The Goldman Sachs Group, Inc.

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. The company's operations are organized into four primary divisions: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The Investment Banking segment furnishes strategic advisory services covering intricate transactions such as mergers, acquisitions, divestitures, corporate defense strategies, restructurings, and spin-offs. It also extends various lending facilities, including middle-market, relationship, and acquisition financing, in addition to transaction banking services. This division further specializes in underwriting, assisting clients with equity offerings for common, preferred, and convertible securities, as well as debt offerings encompassing investment-grade, high-yield, bank/bridge loans, and emerging market debt instruments, alongside the creation of structured securities. Within its Global Markets division, Goldman Sachs engages in client execution activities for both cash and derivative instruments, provides solutions for credit and interest rate products, and offers comprehensive equity intermediation, financing, clearing, settlement, and custody services. This segment also transacts in products linked to mortgages, foreign exchange, commodities, and equities. The Asset Management segment is responsible for managing assets across a diverse spectrum of classes, including equities, fixed income, hedge funds, credit funds, private equity, real estate, currencies, and commodities. It delivers tailored investment advisory solutions and makes direct investments in corporate entities, real estate ventures, and infrastructure projects. The Consumer & Wealth Management segment provides individual clients with wealth advisory and banking services. These include financial planning, investment management, deposit-taking, and lending. It also offers private banking services, unsecured loans, and accepts savings and time deposits. Founded in 1869, the company's corporate headquarters are located in New York, New York.

New York City, NY
46,600 employees
Financial Services / Financial - Capital Markets
Sector
Financial Services
Industry
Financial - Capital Markets
CEO
David Solomon