The Goldman Sachs Group (GS) ROE: History & Chart

The Goldman Sachs Group, Inc.(GS)

Financial - Capital Markets · New York City, NY

$1,030.60-5.93 (-0.57%)

Delayed quote: Sep 9, 2026, 10:45 AM EDT

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

46,200 employees

www.goldmansachs.com

Financial Services / Financial - Capital Markets

Sector: Financial Services
Industry: Financial - Capital Markets
CEO: David Michael Solomon

View full financials

GS Return on Equity (ROE) Metrics

RETURN ON EQUITY (ROE)

17.09%

RETURN ON EQUITY (ROE) AVG TTM

14.31%

RETURN ON EQUITY (ROE) AVG 3Y

11.09%

RETURN ON EQUITY (ROE) AVG 5Y

12.61%

RETURN ON EQUITY (ROE) AVG 10Y

10.46%

RETURN ON EQUITY (ROE) AVG 15Y

9.45%

RETURN ON EQUITY (ROE) AVG 20Y

10.55%

CURRENT VS TTM AVG

+19.44%

CURRENT VS 3Y AVG

+54.09%

CURRENT VS 5Y AVG

+35.53%

CURRENT VS 10Y AVG

+63.43%

CURRENT VS 15Y AVG

+80.77%

CURRENT VS 20Y AVG

+61.96%

SECTOR MEDIAN · FINANCIAL SERVICES

13.52%

median of 101 covered companies

CURRENT VS SECTOR MEDIAN

+26.38%

vs the sector median at left

NAME	MARKET CAP	RETURN ON EQUITY (ROE)	TTM	3Y	5Y
The Goldman Sachs Group, Inc. (GS)	$304.04B	17.09%	14.31%	11.09%	12.61%
Wells Fargo & Company (WFC)vs ›	$269.35B	12.57%	11.39%	10.17%	9.05%
Morgan Stanley (MS)vs ›	$340.82B	18.32%	13.96%	12.03%	12.19%
Citigroup Inc. (C)vs ›	$235.94B	8.41%	6.41%	6.17%	6.85%
American Express Company (AXP)vs ›	$217.86B	33.39%	32.91%	31.52%	29.34%
The Toronto-Dominion Bank (TD)vs ›	$201.78B	12.95%	11.88%	12.22%	12.61%
The Charles Schwab Corporation (SCHW)vs ›	$186.80B	20.24%	15.09%	15.55%	13.08%
Vanguard FTSE Emerging Markets ETF (VWO)vs ›	$170.51B	N/A	N/A	N/A	N/A
BlackRock, Inc. (BLK)vs ›	$167.65B	11.41%	11.68%	12.76%	13.45%
Bank of America Corporation (BAC)vs ›	$445.70B	11.18%	9.62%	9.60%	9.47%

NAME

MARKET CAP

RETURN ON EQUITY (ROE)

TTM

The Goldman Sachs Group, Inc. (GS)

$304.04B

17.09%

14.31%

11.09%

12.61%

Wells Fargo & Company (WFC)vs ›

$269.35B

12.57%

11.39%

10.17%

9.05%

Morgan Stanley (MS)vs ›

$340.82B

18.32%

13.96%

12.03%

12.19%

Citigroup Inc. (C)vs ›

$235.94B

8.41%

6.41%

6.17%

6.85%

American Express Company (AXP)vs ›

$217.86B

33.39%

32.91%

31.52%

29.34%

The Toronto-Dominion Bank (TD)vs ›

$201.78B

12.95%

11.88%

12.22%

12.61%

The Charles Schwab Corporation (SCHW)vs ›

$186.80B

20.24%

15.09%

15.55%

13.08%

Vanguard FTSE Emerging Markets ETF (VWO)vs ›

$170.51B

N/A

BlackRock, Inc. (BLK)vs ›

$167.65B

11.41%

11.68%

12.76%

13.45%

Bank of America Corporation (BAC)vs ›

$445.70B

11.18%

9.62%

9.60%

9.47%

Return on Equity (ROE) FAQ

What is the return on equity (ROE) for The Goldman Sachs Group, Inc. (GS)?

The return on equity (ROE) for GS stock is 17.09%.

Is The Goldman Sachs Group, Inc.'s return on equity (ROE) high or low?

The return on equity (ROE) of 17.09% is 36% above its 5-year average of 12.61%, near the high end of its 5-year range (6.68%–20.89%).

What is the TTM average return on equity (ROE) for The Goldman Sachs Group, Inc. (GS)?

The TTM average return on equity (ROE) for GS stock is 14.31%.

What is the 3Y average return on equity (ROE) for The Goldman Sachs Group, Inc. (GS)?

The 3Y average return on equity (ROE) for GS stock is 11.09%.

What is the 5Y average return on equity (ROE) for The Goldman Sachs Group, Inc. (GS)?

The 5Y average return on equity (ROE) for GS stock is 12.61%.

What is the 10Y average return on equity (ROE) for The Goldman Sachs Group, Inc. (GS)?

The 10Y average return on equity (ROE) for GS stock is 10.46%.

What is the 15Y average return on equity (ROE) for The Goldman Sachs Group, Inc. (GS)?

The 15Y average return on equity (ROE) for GS stock is 9.45%.

What is the 20Y average return on equity (ROE) for The Goldman Sachs Group, Inc. (GS)?

The 20Y average return on equity (ROE) for GS stock is 10.55%.

DATE	RETURN ON EQUITY (ROE)
2026-06-30	17.09%
2026-03-31	14.72%
2025-12-31	13.74%
2025-09-30	13.44%
2025-06-30	12.54%
2025-03-31	11.97%
2024-12-31	11.70%
2024-09-30	10.04%
2024-06-30	9.41%
2024-03-31	7.94%
2023-12-31	7.28%
2023-09-30	6.68%
2023-06-30	7.59%
2023-03-31	8.98%
2022-12-31	9.61%
2022-09-30	11.63%
2022-06-30	13.73%
2022-03-31	16.26%
2021-12-31	19.68%
2021-09-30	20.89%
2021-06-30	19.82%
2021-03-31	15.44%
2020-12-31	9.86%
2020-09-30	7.42%
2020-06-30	5.98%
2020-03-31	8.04%
2019-12-31	9.38%
2019-09-30	9.88%
2019-06-30	10.71%
2019-03-31	10.94%
2018-12-31	11.60%
2018-09-30	6.91%
2018-06-30	6.46%
2018-03-31	5.82%
2017-12-31	5.21%
2017-09-30	9.92%
2017-06-30	9.84%
2017-03-31	9.80%
2016-12-31	8.51%
2016-09-30	6.68%
2016-06-30	5.95%
2016-03-31	5.04%
2015-12-31	7.01%
2015-09-30	8.53%
2015-06-30	9.47%
2015-03-31	10.91%
2014-12-31	10.24%
2014-09-30	10.51%
2014-06-30	9.70%
2014-03-31	9.88%
2013-12-31	10.25%
2013-09-30	11.08%
2013-06-30	11.01%
2013-03-31	9.87%
2012-12-31	9.87%
2012-09-30	7.59%
2012-06-30	5.07%
2012-03-31	5.33%
2011-12-31	6.31%
2011-09-30	8.30%
2011-06-30	11.20%
2011-03-31	10.53%
2010-12-31	10.80%
2010-09-30	14.43%
2010-06-30	16.53%
2010-03-31	20.60%
2009-12-31	18.93%
2009-09-25	9.66%
2009-06-26	6.33%
2009-03-27	4.13%
2008-11-28	3.61%
2008-08-29	16.79%
2008-05-30	21.57%
2008-02-29	23.25%
2007-11-30	27.10%
2007-08-31	29.49%
2007-05-25	26.72%
2007-02-23	27.79%
2006-11-24	26.65%
2006-08-25	23.94%
2006-05-26	25.28%
2006-02-24	22.80%
2005-11-25	20.09%
2005-08-26	19.50%
2005-05-27	16.86%
2005-02-25	18.30%
2004-11-26	18.15%
2004-08-27	18.41%
2004-05-28	17.83%
2004-02-27	16.35%
2003-11-28	13.89%
2003-08-29	12.42%
2003-05-30	11.90%

DATE

RETURN ON EQUITY (ROE)

2026-06-30

17.09%

2026-03-31

14.72%

2025-12-31

13.74%

2025-09-30

13.44%

2025-06-30

12.54%

2025-03-31

11.97%

2024-12-31

11.70%

2024-09-30

10.04%

2024-06-30

9.41%

2024-03-31

7.94%

2023-12-31

7.28%

2023-09-30

6.68%

2023-06-30

7.59%

2023-03-31

8.98%

2022-12-31

9.61%

2022-09-30

11.63%

2022-06-30

13.73%

2022-03-31

16.26%

2021-12-31

19.68%

2021-09-30

20.89%

2021-06-30

19.82%

2021-03-31

15.44%

2020-12-31

9.86%

2020-09-30

7.42%

2020-06-30

5.98%

2020-03-31

8.04%

2019-12-31

9.38%

2019-09-30

9.88%

2019-06-30

10.71%

2019-03-31

10.94%

2018-12-31

11.60%

2018-09-30

6.91%

2018-06-30

6.46%

2018-03-31

5.82%

2017-12-31

5.21%

2017-09-30

9.92%

2017-06-30

9.84%

2017-03-31

9.80%

2016-12-31

8.51%

2016-09-30

6.68%

2016-06-30

5.95%

2016-03-31

5.04%

2015-12-31

7.01%

2015-09-30

8.53%

2015-06-30

9.47%

2015-03-31

10.91%

2014-12-31

10.24%

2014-09-30

10.51%

2014-06-30

9.70%

2014-03-31

9.88%

2013-12-31

10.25%

2013-09-30

11.08%

2013-06-30

11.01%

2013-03-31

9.87%

2012-12-31

9.87%

2012-09-30

7.59%

2012-06-30

5.07%

2012-03-31

5.33%

2011-12-31

6.31%

2011-09-30

8.30%

2011-06-30

11.20%

2011-03-31

10.53%

2010-12-31

10.80%

2010-09-30

14.43%

2010-06-30

16.53%

2010-03-31

20.60%

2009-12-31

18.93%

2009-09-25

9.66%

2009-06-26

6.33%

2009-03-27

4.13%

2008-11-28

3.61%

2008-08-29

16.79%

2008-05-30

21.57%

2008-02-29

23.25%

2007-11-30

27.10%

2007-08-31

29.49%

2007-05-25

26.72%

2007-02-23

27.79%

2006-11-24

26.65%

2006-08-25

23.94%

2006-05-26

25.28%

2006-02-24

22.80%

2005-11-25

20.09%

2005-08-26

19.50%

2005-05-27

16.86%

2005-02-25

18.30%

2004-11-26

18.15%

2004-08-27

18.41%

2004-05-28

17.83%

2004-02-27

16.35%

2003-11-28

13.89%

2003-08-29

12.42%

2003-05-30

11.90%

Return on Equity (ROE): 17.09%

GS Return on Equity (ROE)

GS Average Return on Equity (ROE) Chart

GS Current vs Average Return on Equity (ROE) Chart

GS Return on Equity (ROE) Metrics

GS Competitors' Return on Equity (ROE)

Return Analysis

Return on Equity (ROE) Formula & Definition

Return on Equity (ROE) FAQ

GS Return on Equity (ROE) History

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