Goldman Sachs (GS) Return on Equity [ROE] (2009 - 2025)
Goldman Sachs' Return on Equity [ROE] came in at 17.08% for Q2 2026, up 4.55 percentage points from 12.53% a year earlier and up 2.50 percentage points from the prior quarter.
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Analysis
Goldman Sachs (GS) Return on Equity [ROE] (2009 - 2025) Analysis & Trends
For FY2025, Goldman Sachs' Return on Equity [ROE] was 13.91%, up 1.96 percentage points from FY2024.
- Return on Equity [ROE] carries a five-year change of +3.75 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was 11.95% in FY2024 (+4.68 pp), 7.28% in FY2023 (-2.64 pp), 9.92% in FY2022 (-11.10 pp) and 21.02% in FY2021 (+10.86 pp).
- The Q2 2026 figure represents the highest quarterly Return on Equity [ROE] since Q4 2021.
- Year-over-year, Return on Equity [ROE] has increased for nine consecutive quarters, with an average year-over-year change of +3.43 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q3 2021 (a gain of 13.81 percentage points), and the weakest in Q4 2022 (a drop of 10.49 percentage points).
- Business Quant data shows GS's Return on Equity [ROE] at 14.59% (Q1 2026), 13.78% (Q4 2025) and 13.42% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Yr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 16.13% |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 10.22% |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | 12.07% |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 15.25% |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 15.61% |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 13.91% |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 11.73% |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | 9.66% |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 33.99% |
| 10 | Toronto Dominion Bank | 211.21 Bn | -464.66 Bn | - | 16.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 13.91% |
| Dec 31, 2024 | 11.95% |
| Dec 31, 2023 | 7.28% |
| Dec 31, 2022 | 9.92% |
| Dec 31, 2021 | 21.02% |
| Dec 31, 2020 | 10.16% |
| Dec 31, 2019 | 9.38% |
| Dec 31, 2018 | 12.13% |
| Dec 31, 2017 | 5.07% |
| Dec 31, 2016 | 8.52% |
| Dec 31, 2015 | 7.18% |
| Dec 31, 2014 | 10.51% |
| Dec 31, 2013 | 10.43% |
| Dec 31, 2012 | 10.23% |
| Dec 31, 2011 | 6.01% |
| Dec 31, 2010 | 11.28% |
| Dec 31, 2009 | 19.82% |
API Access
Goldman Sachs Return on Equity [ROE] 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=return-on-equity-%5Broe%5D-annual&ticker=GS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]-annual", "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=return-on-equity-%5Broe%5D-annual&ticker=GS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();