Goldman Sachs (GSCE) Debt to Equity (2009 - 2026)

Goldman Sachs' (GSCE) quarterly Debt to Equity came in at $2.11 in Q1 2026, down 17.91% year-on-year from $2.57 in Q1 2025, and down 12.83% quarter-over-quarter from $2.42 in Q4 2025.

Goldman Sachs (GSCE) Debt to Equity (2009 - 2026) Analysis & Trends

Goldman Sachs has disclosed Debt to Equity across 17 years of filings, most recently posting $2.11 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at $2.11, down 17.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.11 (down 17.91% YoY), and the FY2025 annual result was $2.42, up 100.0% from the prior year.
  • Debt to Equity came in at $2.11 for Q1 2026 at Goldman Sachs, down from $2.42 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $38774.6 in Q2 2025 to a low of -$296789.0 in Q4 2024.
  • The 5-year median for Debt to Equity is $2.42 (2025), against an average of -$15164.9.
  • Across the five-year window, Debt to Equity soared 64986.1% in 2023 and tumbled 10648568.55% in 2024, its largest moves.
  • Goldman Sachs' Debt to Equity stood at $345.4 in 2022, then sank by 99.19% to $2.79 in 2023, then sank by 10648568.55% to -$296789.0 in 2024, then surged by 100.0% to $2.42 in 2025, then retreated by 12.83% to $2.11 in 2026.
  • The last three Debt to Equity figures came in at $2.11 (Q1 2026), $2.42 (Q4 2025), and $2.81 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - 0.00
2 Morgan Stanley 349.82 Bn 216.29 Bn - 1.04
3 Goldman Sachs 333.85 Bn -603.70 Bn - 2.11
4 Schwab Charles 160.31 Bn 115.33 Bn - -
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn -
6 Interactive Brokers 42.79 Bn 53.38 Bn - -
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - -
8 Tradeweb Markets 21.20 Bn 19.96 Bn - -
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -
10 Goldman Sachs - - - 2.11

Historic Data

Download Data
DateValue
Mar 31, 2026 2.11
Dec 31, 2025 2.42
Sep 30, 2025 2.81
Jun 30, 2025 38,774.56
Mar 31, 2025 2.57
Dec 31, 2024 -296,789.00
Sep 30, 2024 2.69
Jun 30, 2024 -569.45
Mar 31, 2024 -3.07
Dec 31, 2023 2.79
Sep 30, 2023 1.91
Jun 30, 2023 821.40
Mar 31, 2023 -406.98
Dec 31, 2022 345.40
Sep 30, 2022 2.01
Jun 30, 2022 1.26
Mar 31, 2022 2.79
Dec 31, 2021 -344.30
Sep 30, 2021 2.28
Jun 30, 2021 -2.67