Goldman Sachs (GS) EBT Margin (2009 - 2026)
Goldman Sachs (GS) posted EBT Margin of 37.65% for Q1 2026, down 13.48% sequentially from 43.52% in Q4 2025, and up 16.0% YoY from 32.46% in Q1 2025.
Goldman Sachs (GS) EBT Margin (2009 - 2026) Analysis & Trends
Goldman Sachs has reported EBT Margin for 18 years, with the latest figure at 37.65% in Q1 2026.
- Quarterly EBT Margin rose 16.0% year-over-year to 37.65% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 37.54% (up 294.0% YoY) and the FY2025 annual result came in at 37.49%, up 311.0% from the prior year.
- EBT Margin eased to 37.65% in Q1 2026 per GS's latest filing, from 43.52% in the prior quarter.
- Over five years, EBT Margin peaked at 43.52% in Q4 2025 and troughed at 14.44% in Q4 2022.
- A 5-year average of 31.09% and a median of 32.67% in 2023 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2022 and 2024: EBT Margin slumped 2531 bps in 2022, then surged 1799 bps in 2024.
- Over 5 years, EBT Margin stood at 14.44% in 2022, then surged by 38 bps to 19.92% in 2023, then jumped by 90 bps to 37.9% in 2024, then increased by 15 bps to 43.52% in 2025, then fell by 13 bps to 37.65% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 37.65%, 43.52%, and 35.51% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 34.42% |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 42.10% |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 49.18% |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 144.51% |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 54.20% |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | -175.48% |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 77.17% |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 9.94% |
| 10 | Tradeweb Markets | 23.53 Bn | 22.17 Bn | - | 48.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 42.10% |
| Mar 31, 2026 | 37.65% |
| Dec 31, 2025 | 43.52% |
| Sep 30, 2025 | 35.51% |
| Jun 30, 2025 | 34.00% |
| Mar 31, 2025 | 37.49% |
| Dec 31, 2024 | 37.90% |
| Sep 30, 2024 | 31.40% |
| Jun 30, 2024 | 30.76% |
| Mar 31, 2024 | 36.85% |
| Dec 31, 2023 | 19.92% |
| Sep 30, 2023 | 23.32% |
| Jun 30, 2023 | 15.93% |
| Mar 31, 2023 | 32.67% |
| Dec 31, 2022 | 14.44% |
| Sep 30, 2022 | 31.37% |
| Jun 30, 2022 | 29.87% |
| Mar 31, 2022 | 36.00% |
| Dec 31, 2021 | 39.76% |
| Sep 30, 2021 | 50.28% |