Quick answer: latest quarter results, by ticker or company name

Reported Q: Q1 2024 Rev YoY: +26.7% EPS YoY: +31.0% Move: +1.86%

The Goldman Sachs Group

GOS.DE

€793.90 1.86%

Exchange XETRA Sector Financial Services Industry Financial Capital Markets

Q1 2024

Published: May 3, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for GOS.DE

Reported

Report Date

May 3, 2024

Quarter Q1 2024

Revenue

32.16B

YoY: +26.7%

EPS

11.58

YoY: +31.0%

Market Move

+1.86%

Previous quarter: N/A

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Earnings Highlights

Revenue of $32.16B up 26.7% year-over-year
EPS of $11.58 increased by 31% from previous year
Gross margin of 43.2%
Net income of 4.13B
"Transcript not available for Q1 2024." - N/A

GOS.DE

Company GOS.DE

Period Q1 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 9, 2026

Executive Summary

Goldman Sachs delivered a strong Q1 2024 results backdrop by robust revenue growth and margin discipline within a volatile financial markets environment. Revenue stood at $32.16 billion, up 26.7% year over year and 13.0% quarter over quarter, with gross profit of $13.895 billion and a gross margin near 43.2%. Operating income reached $5.237 billion, yielding an operating margin of approximately 16.3%, while net income was $4.132 billion and diluted EPS $11.58–$11.67 for the period. The year-over-year and sequential improvements reflect a favorable mix across the firm’s diversified franchise—Investment Banking, Global Markets, Asset Management, and Consumer Wealth Management—amid a period of elevated market activity.

Key Performance Indicators

Revenue

Increasing

32.16B

QoQ: 12.99% | YoY: 26.71%

Gross Profit

Increasing

13.90B

43.21% margin

QoQ: 29.36% | YoY: 12.10%

Operating Income

Increasing

5.24B

QoQ: 132.34% | YoY: 31.15%

Net Income

Increasing

4.13B

QoQ: 105.78% | YoY: 27.77%

EPS

Increasing

11.67

QoQ: 111.41% | YoY: 30.98%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue: $32.16B; YoY +26.71%, QoQ +12.99%. Gross profit: $13.895B; YoY +12.10%, QoQ +29.36%. Operating income: $5.237B; YoY +31.15%, QoQ +132.34%. Net income: $4.132B; YoY +27.77%, QoQ +105.78%. EPS (diluted): $11.58-$11.67; YoY +30.98%, QoQ +111.41%. Gross margin: 43.21%; Operating margin: 16.28%; Net margin: 12.85%. Effective tax rate: ~21.1%. ROE: ~3.49% for the quarter. Cash flow: Operating cash flow -$28.038B; Capex -$0.497B; Free cash flow -$28.535B. Net change in cash: -$32.192B; Cash at end of period: $209.385B. Total assets: ~$1.6984T; Total liabilities: ~$1.5799T; Stockholders’ equity: ~$118.546B. Cash & cash equivalents: $209.385B; Short-term investments: $717.134B; Total debt: $597.213B; Net debt: $387.828B. Valuation (as of report date): P/E ~8.33; P/B ~1.16; Dividend yield ~0.82%.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	32.16B	26.71%	12.99%
Gross Profit	13.90B	12.10%	29.36%
Operating Income	5.24B	31.15%	132.34%
Net Income	4.13B	27.77%	105.78%
EPS	11.67	30.98%	111.41%

Key Financial Ratios

Gross Profit Margin

Excellent

97.80%

Gross profit margin is exceptional, indicating strong pricing power and operational efficiency

Operating Profit Margin

Excellent

37.00%

Operating margin is exceptional, indicating strong pricing power and operational efficiency

Net Profit Margin

Excellent

29.10%

Net profit margin is exceptional, indicating strong pricing power and operational efficiency

Return on Assets

Weak

0.24%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

3.49%

Return on equity suggests inefficient capital allocation

Current Ratio

Concern

0.61

Current ratio below safe levels, potential liquidity risk

Debt to Equity

High Risk

2.78

Debt-to-equity indicates high leverage and elevated financial risk

P/E Ratio

Value

8.33x

P/E ratio suggests potential undervaluation or stable earnings

Price to Book

Fair Value

1.16x

Price-to-book ratio reasonable for profitable companies

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2025	31,550.00	14.12	-1.9%	View
Q4 2024	32,240.00	11.95	+13.3%	View
Q3 2024	31,524.00	8.40	+10.5%	View
Q2 2024	30,929.00	8.62	+18.7%	View
Q1 2024	32,160.00	11.58	+26.7%	View

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Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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