GSGOLDMAN SACHS GROUP INC
Security Brokers, Dealers & Flotation Companies
- Revenue
- —
- Operating margin
- —
- EBITDA
- —
- Market cap
- $260.7B
- Employees
- 20,000
- Net debt / EBITDA
- —
- $268.0B net debt
- AI in 10-K
- 2.1
- mentions per 10K words
Takeover score 3 of 13
Fixable underperformance 2 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashYes-263% of net incomeCash flow under 80% of net income
- Dilutive SBCNo—Over 10% of revenue
- Payouts exceed cash flowNo-39% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo0% of assetsOver 40% of assets
- Shareholder dissentYes71% lowest supportAny vote under 80% support
Buyer economics 0 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AINo2.1 per 10K words · 56th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedNo$260.7B market capMarket cap $500M–$5B
Catalysts 1 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingYes−$179M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Net income | $21.6B | $11.3B | $8.5B | $14.3B | $17.2B | 20% |
| Operating cash flow | $6.3B | $8.7B | −$12.6B | −$13.2B | −$45.2B | 242% |
| Capex | $4.7B | $3.7B | $2.3B | $2.1B | $2.1B | 1.3% |
| Stock-based comp | $2.3B | $4.1B | $2.1B | $2.7B | $3.4B | 29% |
| Buybacks | $5.2B | $3.5B | $5.8B | $8.0B | $12.4B | 55% |
| Dividends | $2.7B | $3.7B | $4.2B | $4.5B | $5.3B | 17% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $14M · 48
- Open-market sells, 12 mo
- $192M · 220
- Net
- −$179M
Pay vs performance
No pay-versus-performance disclosure yet.