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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalNet MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Goldman Sachs (GS) Debt to Equity (2016 - 2025)

Goldman Sachs' Debt to Equity history spans 17 years, with the latest figure at $2.41 for Q2 2025.

  • For Q2 2025, Debt to Equity rose 102.25% year-over-year to $2.41; the TTM value through Jun 2025 reached $2.41, up 102.25%, while the annual FY2024 figure was $2.17, 100.39% up from the prior year.
  • Debt to Equity for Q2 2025 was $2.41 at Goldman Sachs, up from $2.17 in the prior quarter.
  • Across five years, Debt to Equity topped out at $4.51 in Q4 2021 and bottomed at -$606.77 in Q1 2021.
  • The 5-year median for Debt to Equity is -$91.49 (2024), against an average of -$185.91.
  • The largest annual shift saw Debt to Equity crashed 67509.69% in 2021 before it soared 102.25% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $4.51 in 2021, then plummeted by 7087.59% to -$314.83 in 2022, then crashed by 75.57% to -$552.73 in 2023, then soared by 100.39% to $2.17 in 2024, then grew by 10.98% to $2.41 in 2025.
  • Per Business Quant, the three most recent readings for GS's Debt to Equity are $2.41 (Q2 2025), $2.17 (Q4 2024), and $2.16 (Q3 2024).