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

Goldman Sachs (GS) posted Operating Margin of 33.97% for Q1 2011, down 15.5% sequentially from 40.2% in Q4 2010, and down 642.0% YoY from 6.27% in Q1 2010.

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

Goldman Sachs has reported Operating Margin for 3 years, with the latest figure at 33.97% in Q1 2011.

  • Quarterly Operating Margin fell 642.0% year-over-year to 33.97% in Q1 2011, while the trailing twelve-month figure through Mar 2011 was 30.75% (down 1532.0% YoY) and the FY2010 annual result came in at 32.92%, down 1098.0% from the prior year.
  • Operating Margin eased to 33.97% in Q1 2011 per GS's latest filing, from 40.2% in the prior quarter.
  • Over five years, Operating Margin peaked at 76.72% in Q4 2009 and troughed at 16.38% in Q2 2010.
  • A 3-year average of 38.05% and a median of 36.55% in 2009 frame the typical range for Operating Margin.
  • The widest YoY moves for Operating Margin: up 1249 bps in 2010, down 3652 bps in 2010.
  • Over 3 years, Operating Margin stood at 76.72% in 2009, then tumbled by 48 bps to 40.2% in 2010, then decreased by 16 bps to 33.97% in 2011.
  • According to Business Quant data, Operating Margin over the past three periods registered 33.97%, 40.2%, and 31.57% for Q1 2011, Q4 2010, and Q3 2010 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 149.71%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 35.93%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -161.28%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Tradeweb Markets 23.53 Bn 22.17 Bn - 43.88%

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%