Goldman Sachs (GS) Debt to Equity (2009 - 2026)

Goldman Sachs (GS) posted Debt to Equity of $2.11 for Q1 2026, down 12.83% sequentially from $2.42 in Q4 2025, and down 17.91% YoY from $2.57 in Q1 2025.

Goldman Sachs (GS) Debt to Equity (2009 - 2026) Analysis & Trends

Goldman Sachs (GS) has 17 years of Debt to Equity data on file, last reported at $2.11 in Q1 2026.

  • Quarterly Debt to Equity fell 17.91% year-over-year to $2.11 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.11 (down 17.91% YoY) and the FY2025 annual result came in at $2.42, up 100.0% from the prior year.
  • Debt to Equity slipped to $2.11 in Q1 2026 per GS's latest filing, from $2.42 in the prior quarter.
  • The five-year high for Debt to Equity was $38774.6 in Q2 2025, with the low at -$296789.0 in Q4 2024.
  • Average Debt to Equity over 5 years is -$15164.9, with a median of $2.42 recorded in 2025.
  • Year-over-year, Debt to Equity jumped 64986.1% in 2023 and sank 10648568.55% in 2024.
  • Goldman Sachs' Debt to Equity stood at $345.4 in 2022, then slumped by 99.19% to $2.79 in 2023, then slumped by 10648568.55% to -$296789.0 in 2024, then surged by 100.0% to $2.42 in 2025, then dropped by 12.83% to $2.11 in 2026.
  • Business Quant data shows GS's Debt to Equity at $2.11 in Q1 2026, $2.42 in Q4 2025, and $2.81 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 1.04
2 Goldman Sachs 309.79 Bn -627.76 Bn - 2.11
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 0.00
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn -
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn -
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 0.30

Historic Data

Download Data
DateValue
Mar 31, 2026 2.11
Dec 31, 2025 2.42
Sep 30, 2025 2.81
Jun 30, 2025 38,774.56
Mar 31, 2025 2.57
Dec 31, 2024 -296,789.00
Sep 30, 2024 2.69
Jun 30, 2024 -569.45
Mar 31, 2024 -3.07
Dec 31, 2023 2.79
Sep 30, 2023 1.91
Jun 30, 2023 821.40
Mar 31, 2023 -406.98
Dec 31, 2022 345.40
Sep 30, 2022 2.01
Jun 30, 2022 1.26
Mar 31, 2022 2.79
Dec 31, 2021 -344.30
Sep 30, 2021 2.28
Jun 30, 2021 -2.67