Goldman Sachs GS
NYSE GS
$1,029.10 +9.37 (+0.92%)
At close: Sep 11, 2026 · 4:00 PM EDT

Goldman Sachs (GS) Operating Margin (2009 - 2011)

Goldman Sachs' (GS) quarterly Operating Margin came in at 33.97% in Q1 2011, down 642.0% year-over-year from 6.27% in Q1 2010, and down 15.5% quarter-over-quarter from 40.2% in Q4 2010.

Analysis

Goldman Sachs (GS) Operating Margin (2009 - 2011) Analysis & Trends

Goldman Sachs has disclosed Operating Margin across 3 years of filings, most recently posting 33.97% for Q1 2011.

  • In Q1 2011, Operating Margin fell 642.0% year-over-year to 33.97%; the TTM figure through Mar 2011 stood at 30.75% (down 1532.0% YoY), while the FY2010 annual figure was 32.92%, down 1098.0% from the prior year.
  • Operating Margin came in at 33.97% for Q1 2011 at Goldman Sachs, down from 40.2% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 76.72% in Q4 2009 to a low of 16.38% in Q2 2010.
  • Average Operating Margin over 3 years is 38.05%, with a median of 36.55% recorded in 2009.
  • The largest YoY upside for Operating Margin was 1249 bps in 2010 against a maximum downside of 3652 bps in 2010.
  • Over 3 years, Operating Margin stood at 76.72% in 2009, then sank by 48 bps to 40.2% in 2010, then fell by 16 bps to 33.97% in 2011.
  • Per Business Quant data, the three most recent Operating Margin figures were 33.97% in Q1 2011, 40.2% in Q4 2010, and 31.57% in Q3 2010.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Bank Of America 439.96 Bn -148.54 Bn 30.39 Bn 37.28%
2 Morgan Stanley 336.99 Bn 176.86 Bn - -
3 Goldman Sachs 299.92 Bn -676.43 Bn - -
4 Royal Bank Of Canada 288.24 Bn 61.39 Bn - -
5 Mitsubishi Ufj Financial 283.40 Bn -100.92 Bn 10.89 Bn -
6 Wells Fargo & Company 273.32 Bn 71.49 Bn - -
7 Banco Santander 219.61 Bn 227.22 Bn 28.01 Bn 29.14%
8 American Express 219.16 Bn 169.84 Bn 17.99 Bn 17.85%
9 Toronto Dominion Bank 204.38 Bn 43.05 Bn - 6.25%
10 Schwab Charles 185.52 Bn 111.93 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2011 33.97%
Dec 31, 2010 40.20%
Sep 30, 2010 31.57%
Jun 30, 2010 16.38%
Mar 31, 2010 40.38%
Dec 31, 2009 76.72%
Sep 25, 2009 38.75%
Jun 26, 2009 36.55%
Mar 27, 2009 27.89%