Goldman Sachs (GS) Invested Capital (2009 - 2026)
Goldman Sachs (GS) reported Invested Capital of $560.62 billion for Q2 2026, up 18.5% from $473.07 billion a year earlier and up 8.0% from the prior quarter.
Goldman Sachs (GS) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Goldman Sachs posted Invested Capital of $480.93 billion, up 10.7% from FY2024.
- Invested Capital has a five-year compound annual growth rate of 5.8% (FY2020 to FY2025).
- By year, Invested Capital came in at $434.34 billion in FY2024 (-0.1%), $434.73 billion in FY2023 (+2.2%), $425.29 billion in FY2022 (+3.5%) and $410.97 billion in FY2021 (+13.4%).
- The Q2 2026 figure ranks as the highest quarterly Invested Capital in data going back to Q2 2009.
- Year over year, Invested Capital has now increased in each of the last six quarters, with growth averaging 9.1% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was Q2 2026 (growth of 18.5%); the low point was Q1 2023 (a decline of 2.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $519.09 billion (Q1 2026), $480.93 billion (Q4 2025) and $473.7 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 447.03 Bn |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | 9,394.86 Bn |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 361.07 Bn |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 147.26 Bn |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 490.36 Bn |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | 224.49 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 560.62 Bn |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 207.49 Bn |
| 10 | American Express | 204.37 Bn | -3.81 Bn | - | 36.31 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 560.62 Bn |
| Mar 31, 2026 | 519.09 Bn |
| Dec 31, 2025 | 480.93 Bn |
| Sep 30, 2025 | 473.70 Bn |
| Jun 30, 2025 | 473.07 Bn |
| Mar 31, 2025 | 458.17 Bn |
| Dec 31, 2024 | 434.34 Bn |
| Sep 30, 2024 | 446.82 Bn |
| Jun 30, 2024 | 430.86 Bn |
| Mar 31, 2024 | 431.07 Bn |
| Dec 31, 2023 | 434.73 Bn |
| Sep 30, 2023 | 411.31 Bn |
| Jun 30, 2023 | 417.36 Bn |
| Mar 31, 2023 | 422.91 Bn |
| Dec 31, 2022 | 425.29 Bn |
| Sep 30, 2022 | 411.11 Bn |
| Jun 30, 2022 | 425.93 Bn |
| Mar 31, 2022 | 431.71 Bn |
| Dec 31, 2021 | 410.97 Bn |
| Sep 30, 2021 | 398.07 Bn |
Goldman Sachs Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=GS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "GS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=GS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();