Basis: Trailing twelve months (TTM net income over TTM revenue). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 17.78% is 14% above its 5-year average of 15.63%, around the middle of its 5-year range (4.67%–35.47%).
1.12% below its 12-month average of 17.98%.
Reported quarterly profit margin; no daily interpolation.
NET PROFIT MARGIN
17.78%
NET PROFIT MARGIN AVG TTM
17.98%
NET PROFIT MARGIN AVG 3Y
11.33%
NET PROFIT MARGIN AVG 5Y
15.63%
NET PROFIT MARGIN AVG 10Y
16.63%
NET PROFIT MARGIN AVG 15Y
17.25%
NET PROFIT MARGIN AVG 20Y
17.26%
CURRENT VS TTM AVG
-1.12%
CURRENT VS 3Y AVG
+56.96%
CURRENT VS 5Y AVG
+13.76%
CURRENT VS 10Y AVG
+6.94%
CURRENT VS 15Y AVG
+3.09%
CURRENT VS 20Y AVG
+2.99%
SECTOR MEDIAN · FINANCIAL SERVICES
17.92%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-0.78%
vs the sector median at left
The Goldman Sachs Group, Inc.
Market Cap
$305.40B
Net Profit Margin
17.78%
TTM Avg
17.98%
3Y Avg
11.33%
5Y Avg
15.63%
Market Cap
$271.01B
Net Profit Margin
17.54%
TTM Avg
16.50%
3Y Avg
16.50%
5Y Avg
16.12%
Market Cap
$218.30B
Net Profit Margin
13.61%
TTM Avg
13.55%
3Y Avg
13.26%
5Y Avg
13.23%
Market Cap
$202.42B
Net Profit Margin
14.41%
TTM Avg
12.57%
3Y Avg
16.22%
5Y Avg
19.44%
Market Cap
$187.32B
Net Profit Margin
33.62%
TTM Avg
27.42%
3Y Avg
26.72%
5Y Avg
27.49%
Market Cap
$170.49B
Net Profit Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$167.91B
Net Profit Margin
24.09%
TTM Avg
27.07%
3Y Avg
28.48%
5Y Avg
29.14%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Goldman Sachs Group, Inc. (GS) | $305.40B | 17.78% | 17.98% | 11.33% | 15.63% |
| Wells Fargo & Company (WFC)vs › | $271.01B | 17.54% | 16.50% | 16.50% | 16.12% |
| Morgan Stanley (MS)vs › | $341.59B | 15.99% | 13.82% | 13.89% | 17.29% |
| Citigroup Inc. (C)vs › | $237.22B | 10.24% | 7.96% | 9.17% | 12.77% |
| American Express Company (AXP)vs › | $218.30B | 13.61% | 13.55% | 13.26% | 13.23% |
| The Toronto-Dominion Bank (TD)vs › | $202.42B | 14.41% | 12.57% | 16.22% | 19.44% |
| The Charles Schwab Corporation (SCHW)vs › | $187.32B | 33.62% | 27.42% | 26.72% | 27.49% |
| Vanguard FTSE Emerging Markets ETF (VWO)vs › | $170.49B | N/A | N/A | N/A | N/A |
| BlackRock, Inc. (BLK)vs › | $167.91B | 24.09% | 27.07% | 28.48% | 29.14% |
| Bank of America Corporation (BAC)vs › | $447.58B | 17.24% | 15.02% | 17.34% | 20.42% |
Operating Margin
24.8%
Net Profit Margin
17.8%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-06-30 | 17.25% |
| 2026-03-31 | 32.68% |
| 2025-12-31 | 15.33% |
| 2025-09-30 | 12.74% |
| 2025-06-30 | 11.91% |
| 2025-03-31 | 15.02% |
| 2024-12-31 | 12.75% |
| 2024-09-30 | 9.48% |
| 2024-06-30 | 9.76% |
| 2024-03-31 | 12.76% |
| 2023-12-31 | 7.05% |
| 2023-09-30 | 7.21% |
| 2023-06-30 | 4.67% |
| 2023-03-31 | 12.74% |
| 2022-12-31 | 6.34% |
| 2022-09-30 | 16.61% |
| 2022-06-30 | 19.54% |
| 2022-03-31 | 27.51% |
| 2021-12-31 | 28.40% |
| 2021-09-30 | 35.47% |
| 2021-06-30 | 32.85% |
| 2021-03-31 | 35.46% |
| 2020-12-31 | 33.87% |
| 2020-09-30 | 26.66% |
| 2020-06-30 | 2.42% |
| 2020-03-31 | 9.96% |
| 2019-12-31 | 13.90% |
| 2019-09-30 | 14.69% |
| 2019-06-30 | 17.11% |
| 2019-03-31 | 17.07% |
| 2018-12-31 | 19.51% |
| 2018-09-30 | 19.38% |
| 2018-06-30 | 18.92% |
| 2018-03-31 | 21.15% |
| 2017-12-31 | -18.08% |
| 2017-09-30 | 19.33% |
| 2017-06-30 | 17.74% |
| 2017-03-31 | 21.99% |
| 2016-12-31 | 22.88% |
| 2016-09-30 | 21.06% |
| 2016-06-30 | 18.77% |
| 2016-03-31 | 14.55% |
| 2015-12-31 | 8.77% |
| 2015-09-30 | 17.52% |
| 2015-06-30 | 9.93% |
| 2015-03-31 | 24.19% |
| 2014-12-31 | 24.44% |
| 2014-09-30 | 23.26% |
| 2014-06-30 | 19.03% |
| 2014-03-31 | 18.68% |
| 2013-12-31 | 22.48% |
| 2013-09-30 | 18.32% |
| 2013-06-30 | 18.48% |
| 2013-03-31 | 19.20% |
| 2012-12-31 | 27.21% |
| 2012-09-30 | 14.91% |
| 2012-06-30 | 11.20% |
| 2012-03-31 | 17.87% |
| 2011-12-31 | 12.64% |
| 2011-09-30 | -7.04% |
| 2011-06-30 | 11.38% |
| 2011-03-31 | 20.05% |
| 2010-12-31 | 23.01% |
| 2010-09-30 | 17.72% |
| 2010-06-30 | 5.82% |
| 2010-03-31 | 24.07% |
| 2009-12-31 | 45.30% |
| 2009-09-25 | 23.30% |
| 2009-06-26 | 22.62% |
| 2009-03-27 | 15.27% |
| 2008-11-28 | -57.60% |
| 2008-08-29 | 6.20% |
| 2008-05-30 | 11.83% |
| 2008-02-29 | 8.11% |
| 2007-11-30 | 14.93% |
| 2007-08-31 | 11.99% |
| 2007-05-25 | 11.46% |
| 2007-02-23 | 14.35% |
| 2006-11-24 | 17.39% |
| 2006-08-25 | 9.98% |
| 2006-05-26 | 12.84% |
| 2006-02-24 | 14.37% |
| 2005-11-25 | 13.44% |
| 2005-08-26 | 13.11% |
| 2005-05-27 | 9.67% |
| 2005-02-25 | 15.17% |
| 2004-11-26 | 16.02% |
| 2004-08-27 | 12.92% |
| 2004-05-28 | 15.46% |
| 2004-02-27 | 16.36% |
| 2003-11-28 | 16.66% |
| 2003-08-29 | 11.85% |
| 2003-05-30 | 11.61% |
| 2003-02-28 | 10.86% |
| 2002-11-29 | 10.00% |
| 2002-08-30 | 8.89% |
