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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) Net Margin (2016 - 2025)

Goldman Sachs' Net Margin history spans 17 years, with the latest figure at 25.42% for Q3 2025.

  • For Q3 2025, Net Margin rose 353.0% year-over-year to 25.42%; the TTM value through Dec 2025 reached 20.45%, down 483.0%, while the annual FY2024 figure was 25.27%, 818.0% up from the prior year.
  • Net Margin for Q3 2025 was 25.42% at Goldman Sachs, up from 23.82% in the prior quarter.
  • Across five years, Net Margin topped out at 38.83% in Q3 2021 and bottomed at 9.83% in Q2 2023.
  • The 5-year median for Net Margin is 25.25% (2023), against an average of 25.18%.
  • The largest annual shift saw Net Margin skyrocketed 3327bps in 2021 before it crashed -1895bps in 2022.
  • A 5-year view of Net Margin shows it stood at 30.14% in 2021, then plummeted by -63bps to 11.19% in 2022, then soared by 47bps to 16.5% in 2023, then surged by 71bps to 28.29% in 2024, then dropped by -10bps to 25.42% in 2025.
  • Per Business Quant, the three most recent readings for GS's Net Margin are 25.42% (Q3 2025), 23.82% (Q2 2025), and 30.43% (Q1 2025).