KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
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) Return on Invested Capital (2018 - 2025)

Goldman Sachs' Return on Invested Capital history spans 16 years, with the latest figure at 0.68% for Q3 2025.

  • For Q3 2025, Return on Invested Capital fell 4.0% year-over-year to 0.68%; the TTM value through Sep 2025 reached 0.68%, down 4.0%, while the annual FY2023 figure was 1.36%, 31.0% up from the prior year.
  • Return on Invested Capital for Q3 2025 was 0.68% at Goldman Sachs, down from 0.68% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 713.57% in Q1 2023 and bottomed at 44.76% in Q2 2021.
  • The 5-year median for Return on Invested Capital is 0.7% (2024), against an average of 37.86%.
  • The largest annual shift saw Return on Invested Capital soared 71271bps in 2023 before it tumbled -71212bps in 2024.
  • A 5-year view of Return on Invested Capital shows it stood at 0.32% in 2021, then soared by 53bps to 0.49% in 2022, then rose by 16bps to 0.57% in 2023, then grew by 26bps to 0.72% in 2024, then decreased by -5bps to 0.68% in 2025.
  • Per Business Quant, the three most recent readings for GS's Return on Invested Capital are 0.68% (Q3 2025), 0.68% (Q2 2025), and 0.92% (Q1 2025).