Goldman Historical Income Statement

GS Stock  USD 415.25  9.07  2.23%   
Historical analysis of Goldman Sachs income statement accounts such as Selling General Administrative of 13.7 B can show how well Goldman Sachs Group performed in making a profits. Evaluating Goldman Sachs income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Goldman Sachs's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Goldman Sachs Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Goldman Sachs Group is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

About Goldman Income Statement Analysis

Goldman Sachs Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Goldman Sachs shareholders. The income statement also shows Goldman investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Goldman Sachs Income Statement Chart

Goldman Sachs Group Income Statement is one of the three primary financial statements used for reporting Goldman's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Goldman Sachs Group revenue and expense. Goldman Sachs Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Goldman Sachs' Total Other Income Expense Net is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 3.3 B in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 561.6 M in 2024.

Total Revenue

Total revenue comprises all receipts Goldman Sachs Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Goldman Sachs Group minus its cost of goods sold. It is profit before Goldman Sachs operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Goldman Sachs' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Goldman Sachs Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, Goldman Sachs' Total Other Income Expense Net is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 3.3 B in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 561.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense5.7B21.3B62.2B65.3B
Depreciation And Amortization2.0B2.5B4.9B5.1B

Goldman Sachs income statement Correlations

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0.920.250.220.21-0.020.870.05-0.53-0.440.150.71-0.060.55-0.01-0.150.01-0.86-0.220.44-0.260.540.990.80.55
0.550.250.420.930.80.070.610.310.390.310.150.810.280.770.50.9-0.49-0.120.550.130.680.340.520.54
0.260.220.420.370.060.240.620.440.49-0.070.490.2-0.050.230.030.45-0.21-0.120.48-0.190.460.290.270.45
0.470.210.930.370.69-0.070.710.430.510.420.170.870.230.880.430.82-0.34-0.210.720.190.810.310.580.68
0.28-0.020.80.060.69-0.010.360.220.260.42-0.070.730.080.590.730.73-0.330.110.010.40.30.050.170.02
0.760.870.070.24-0.07-0.01-0.17-0.63-0.570.080.69-0.320.43-0.33-0.16-0.13-0.78-0.010.06-0.340.210.850.590.15
0.170.050.610.620.710.36-0.170.820.870.320.420.68-0.320.730.220.62-0.09-0.260.60.030.690.150.230.61
-0.4-0.530.310.440.430.22-0.630.820.990.14-0.010.54-0.610.570.20.460.46-0.120.280.140.28-0.44-0.270.22
-0.31-0.440.390.490.510.26-0.570.870.990.170.060.58-0.560.620.210.520.37-0.150.350.120.37-0.35-0.180.3
0.170.150.31-0.070.420.420.080.320.140.170.120.490.170.460.330.24-0.2-0.070.190.030.290.190.230.22
0.620.710.150.490.17-0.070.690.42-0.010.060.12-0.14-0.1-0.05-0.29-0.06-0.49-0.20.36-0.370.60.730.60.43
0.19-0.060.810.20.870.73-0.320.680.540.580.49-0.140.140.950.630.82-0.17-0.220.480.420.550.030.190.48
0.590.550.28-0.050.230.080.43-0.32-0.61-0.560.17-0.10.140.140.080.2-0.61-0.070.36-0.080.220.550.480.4
0.21-0.010.770.230.880.59-0.330.730.570.620.46-0.050.950.140.370.76-0.13-0.230.60.20.640.070.270.6
0.05-0.150.50.030.430.73-0.160.220.20.210.33-0.290.630.080.370.58-0.21-0.09-0.050.770.04-0.1-0.09-0.06
0.310.010.90.450.820.73-0.130.620.460.520.24-0.060.820.20.760.58-0.36-0.120.460.150.460.110.220.45
-0.92-0.86-0.49-0.21-0.34-0.33-0.78-0.090.460.37-0.2-0.49-0.17-0.61-0.13-0.21-0.360.1-0.320.13-0.43-0.88-0.62-0.46
-0.24-0.22-0.12-0.12-0.210.11-0.01-0.26-0.12-0.15-0.07-0.2-0.22-0.07-0.23-0.09-0.120.1-0.39-0.11-0.34-0.22-0.29-0.38
0.50.440.550.480.720.010.060.60.280.350.190.360.480.360.6-0.050.46-0.32-0.39-0.130.850.520.690.96
-0.19-0.260.13-0.190.190.4-0.340.030.140.120.03-0.370.42-0.080.20.770.150.13-0.11-0.13-0.02-0.25-0.19-0.17
0.650.540.680.460.810.30.210.690.280.370.290.60.550.220.640.040.46-0.43-0.340.85-0.020.610.750.86
0.940.990.340.290.310.050.850.15-0.44-0.350.190.730.030.550.07-0.10.11-0.88-0.220.52-0.250.610.830.62
0.830.80.520.270.580.170.590.23-0.27-0.180.230.60.190.480.27-0.090.22-0.62-0.290.69-0.190.750.830.65
0.610.550.540.450.680.020.150.610.220.30.220.430.480.40.6-0.060.45-0.46-0.380.96-0.170.860.620.65
Click cells to compare fundamentals

Goldman Sachs Account Relationship Matchups

Goldman Sachs income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.7B1.9B2.0B2.5B4.9B5.1B
Interest Expense17.4B8.9B5.7B21.3B62.2B65.3B
Selling General Administrative12.4B13.3B17.7B15.1B15.5B13.7B
Selling And Marketing Expenses739M401M553M812M629M561.6M
Total Revenue33.3B40.4B59.3B47.4B46.3B33.8B
Gross Profit19.9B26.2B40.6B31.2B29.7B29.8B
Other Operating Expenses22.7B(27.9B)(32.3B)31.2B97.7B102.6B
Operating Income10.6B12.5B27.0B34.8B11.9B13.1B
Ebit10.6B12.5B27.0B34.8B(6.6B)(6.3B)
Ebitda12.3B14.4B29.1B37.3B(1.7B)(1.6B)
Cost Of Revenue13.4B14.3B18.7B16.2B16.6B16.7B
Total Operating Expenses(22.7B)(27.9B)(32.3B)31.2B13.1B13.7B
Income Before Tax10.6B12.5B27.0B13.5B10.7B11.4B
Total Other Income Expense Net14.6B(1.4B)704M(21.3B)10.7B11.3B
Net Income8.5B9.5B21.6B11.3B8.5B8.1B
Income Tax Expense2.1B3.0B5.4B2.2B2.2B3.3B
Net Income Applicable To Common Shares7.9B8.9B21.2B10.8B12.4B7.8B
Net Income From Continuing Ops8.5B9.5B21.6B11.3B7.8B7.8B
Preferred Stock And Other Adjustments569M544M484M497M571.6M501.7M
Minority Interest553M1.6B1.7B1.6B1.9B1.1B
Tax Provision2.1B3.0B5.4B2.2B2.2B2.6B
Net Interest Income4.4B4.8B6.5B7.7B6.4B5.3B
Interest Income21.7B13.7B12.1B29.0B62.4B65.6B
Reconciled Depreciation1.7B1.9B2.0B2.5B4.8B2.4B

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

    
  29.92  
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.

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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:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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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.
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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
22.87
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.