Goldman Sachs Group Stock Retained Earnings

GS Stock  USD 417.69  2.44  0.59%   
Goldman Sachs Group fundamentals help investors to digest information that contributes to Goldman Sachs' financial success or failures. It also enables traders to predict the movement of Goldman Stock. The fundamental analysis module provides a way to measure Goldman Sachs' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Goldman Sachs stock.
Retained Earnings is likely to gain to about 150.9 B in 2024, whereas Retained Earnings Total Equity is likely to drop slightly above 88.6 B in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Goldman Retained Earnings Analysis

Goldman Sachs' Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Goldman Sachs Retained Earnings

150.87 Billion

Retained Earnings

 = 

Beginning RE + Income

-

Dividends

More About Retained Earnings | All Equity Analysis

Current Goldman Sachs Retained Earnings

    
  143.69 B  
Most of Goldman Sachs' fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Goldman Sachs Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Goldman Retained Earnings Driver Correlations

Understanding the fundamental principles of building solid financial models for Goldman Sachs is extremely important. It helps to project a fair market value of Goldman Stock properly, considering its historical fundamentals such as Retained Earnings. Since Goldman Sachs' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Goldman Sachs' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Goldman Sachs' interrelated accounts and indicators.
0.190.920.010.830.850.740.25-0.25-0.711.00.550.35-0.640.750.69-0.81-0.420.910.730.840.540.870.680.330.480.83-0.20.0-0.1
0.19-0.050.520.38-0.030.32-0.09-0.26-0.50.210.790.90.220.55-0.12-0.080.380.330.090.590.230.510.610.410.490.53-0.870.59-0.61
0.92-0.05-0.070.820.890.580.35-0.05-0.660.910.40.16-0.810.610.76-0.9-0.670.850.740.670.480.810.50.160.440.61-0.03-0.090.01
0.010.52-0.070.18-0.010.05-0.02-0.09-0.160.020.580.77-0.20.12-0.060.0-0.23-0.06-0.080.05-0.010.260.130.210.17-0.02-0.730.84-0.35
0.830.380.820.180.760.530.3-0.15-0.920.830.750.54-0.670.890.71-0.94-0.530.820.760.750.630.910.80.160.550.71-0.520.08-0.51
0.85-0.030.89-0.010.760.650.21-0.17-0.480.840.380.22-0.830.530.52-0.75-0.590.790.440.560.190.640.450.310.290.58-0.14-0.19-0.2
0.740.320.580.050.530.65-0.42-0.26-0.410.740.290.41-0.320.530.3-0.42-0.050.730.320.710.250.620.50.340.380.73-0.240.02-0.13
0.25-0.090.35-0.020.30.21-0.420.09-0.290.240.39-0.03-0.320.190.25-0.38-0.380.180.340.160.120.270.120.240.20.120.030.010.04
-0.25-0.26-0.05-0.09-0.15-0.17-0.260.090.1-0.27-0.22-0.27-0.07-0.27-0.150.0-0.25-0.21-0.15-0.34-0.29-0.13-0.550.050.3-0.40.25-0.060.23
-0.71-0.5-0.66-0.16-0.92-0.48-0.41-0.290.1-0.71-0.77-0.550.39-0.92-0.680.860.36-0.69-0.83-0.78-0.77-0.9-0.84-0.09-0.62-0.710.53-0.160.47
1.00.210.910.020.830.840.740.24-0.27-0.710.550.37-0.620.760.68-0.8-0.390.910.730.850.550.870.690.340.490.84-0.210.0-0.11
0.550.790.40.580.750.380.290.39-0.22-0.770.550.88-0.30.770.27-0.54-0.170.550.430.70.390.780.750.460.580.64-0.850.51-0.64
0.350.90.160.770.540.220.41-0.03-0.27-0.550.370.88-0.140.580.05-0.260.020.40.160.560.230.620.610.420.480.51-0.950.7-0.65
-0.640.22-0.81-0.2-0.67-0.83-0.32-0.32-0.070.39-0.62-0.3-0.14-0.31-0.640.750.86-0.57-0.46-0.21-0.22-0.52-0.2-0.01-0.2-0.170.1-0.010.1
0.750.550.610.120.890.530.530.19-0.27-0.920.760.770.58-0.310.58-0.77-0.190.70.720.840.70.850.910.240.510.84-0.570.07-0.57
0.69-0.120.76-0.060.710.520.30.25-0.15-0.680.680.270.05-0.640.58-0.84-0.590.610.930.430.860.660.54-0.390.150.360.00.00.0
-0.81-0.08-0.90.0-0.94-0.75-0.42-0.380.00.86-0.8-0.54-0.260.75-0.77-0.840.68-0.77-0.85-0.62-0.67-0.84-0.640.02-0.49-0.560.240.070.27
-0.420.38-0.67-0.23-0.53-0.59-0.05-0.38-0.250.36-0.39-0.170.020.86-0.19-0.590.68-0.24-0.44-0.02-0.22-0.38-0.040.15-0.130.04-0.02-0.02-0.03
0.910.330.85-0.060.820.790.730.18-0.21-0.690.910.550.4-0.570.70.61-0.77-0.240.660.840.510.860.680.280.540.78-0.260.03-0.17
0.730.090.74-0.080.760.440.320.34-0.15-0.830.730.430.16-0.460.720.93-0.85-0.440.660.630.920.780.68-0.230.380.55-0.090.03-0.04
0.840.590.670.050.750.560.710.16-0.34-0.780.850.70.56-0.210.840.43-0.62-0.020.840.630.550.890.830.440.610.97-0.410.15-0.24
0.540.230.48-0.010.630.190.250.12-0.29-0.770.550.390.23-0.220.70.86-0.67-0.220.510.920.550.660.72-0.40.190.47-0.210.16-0.14
0.870.510.810.260.910.640.620.27-0.13-0.90.870.780.62-0.520.850.66-0.84-0.380.860.780.890.660.770.280.680.79-0.490.31-0.27
0.680.610.50.130.80.450.50.12-0.55-0.840.690.750.61-0.20.910.54-0.64-0.040.680.680.830.720.770.10.380.83-0.60.12-0.57
0.330.410.160.210.160.310.340.240.05-0.090.340.460.42-0.010.24-0.390.020.150.28-0.230.44-0.40.280.10.510.51-0.290.1-0.15
0.480.490.440.170.550.290.380.20.3-0.620.490.580.48-0.20.510.15-0.49-0.130.540.380.610.190.680.380.510.55-0.370.16-0.2
0.830.530.61-0.020.710.580.730.12-0.4-0.710.840.640.51-0.170.840.36-0.560.040.780.550.970.470.790.830.510.55-0.38-0.01-0.3
-0.2-0.87-0.03-0.73-0.52-0.14-0.240.030.250.53-0.21-0.85-0.950.1-0.570.00.24-0.02-0.26-0.09-0.41-0.21-0.49-0.6-0.29-0.37-0.38-0.580.84
0.00.59-0.090.840.08-0.190.020.01-0.06-0.160.00.510.7-0.010.070.00.07-0.020.030.030.150.160.310.120.10.16-0.01-0.58-0.07
-0.1-0.610.01-0.35-0.51-0.2-0.130.040.230.47-0.11-0.64-0.650.1-0.570.00.27-0.03-0.17-0.04-0.24-0.14-0.27-0.57-0.15-0.2-0.30.84-0.07
Click cells to compare fundamentals

Goldman Retained Earnings Historical Pattern

Today, most investors in Goldman Sachs Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Goldman Sachs' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's retained earnings growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Goldman Sachs retained earnings as a starting point in their analysis.
   Goldman Sachs Retained Earnings   
       Timeline  
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Competition

Based on the latest financial disclosure, Goldman Sachs Group has a Retained Earnings of 143.69 B. This is much higher than that of the Capital Markets sector and 144.51% higher than that of the Financials industry. The retained earnings for all United States stocks is significantly lower than that of the firm.

Goldman Retained Earnings Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Goldman Sachs' direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Goldman Sachs could also be used in its relative valuation, which is a method of valuing Goldman Sachs by comparing valuation metrics of similar companies.
Goldman Sachs is currently under evaluation in retained earnings category among related companies.

Goldman Sachs ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Goldman Sachs' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Goldman Sachs' managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Goldman Fundamentals

About Goldman Sachs Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Goldman Sachs Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goldman Sachs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goldman Sachs Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Retained Earnings143.7 B150.9 B
Retained Earnings Total Equity160.3 B88.6 B

Goldman Sachs Investors Sentiment

The influence of Goldman Sachs' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Goldman. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Goldman Sachs' public news can be used to forecast risks associated with an investment in Goldman. The trend in average sentiment can be used to explain how an investor holding Goldman can time the market purely based on public headlines and social activities around Goldman Sachs Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Goldman Sachs' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Goldman Sachs' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Goldman Sachs' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Goldman Sachs.

Goldman Sachs Implied Volatility

    
  20.1  
Goldman Sachs' implied volatility exposes the market's sentiment of Goldman Sachs Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Goldman Sachs' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Goldman Sachs stock will not fluctuate a lot when Goldman Sachs' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Goldman Sachs in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Goldman Sachs' short interest history, or implied volatility extrapolated from Goldman Sachs options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Goldman Sachs Group is a strong investment it is important to analyze Goldman Sachs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Goldman Sachs' future performance. For an informed investment choice regarding Goldman Stock, refer to the following important reports:

Complementary Tools for Goldman Stock analysis

When running Goldman Sachs' price analysis, check to measure Goldman Sachs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goldman Sachs is operating at the current time. Most of Goldman Sachs' value examination focuses on studying past and present price action to predict the probability of Goldman Sachs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldman Sachs' price. Additionally, you may evaluate how the addition of Goldman Sachs to your portfolios can decrease your overall portfolio volatility.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Global Correlations
Find global opportunities by holding instruments from different markets
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Is Goldman Sachs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Goldman Sachs. If investors know Goldman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Goldman Sachs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.649
Dividend Share
10.5
Earnings Share
22.88
Revenue Per Share
132.705
Quarterly Revenue Growth
0.116
The market value of Goldman Sachs Group is measured differently than its book value, which is the value of Goldman that is recorded on the company's balance sheet. Investors also form their own opinion of Goldman Sachs' value that differs from its market value or its book value, called intrinsic value, which is Goldman Sachs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Goldman Sachs' market value can be influenced by many factors that don't directly affect Goldman Sachs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Goldman Sachs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Goldman Sachs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goldman Sachs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.