Goldman Sachs Group Inc (GS) — Cash Flow Quality Index
Goldman Sachs Group Inc (GS) has a Cash Flow Quality Index of -3.53x as of December 2025. Operating cash flow of $-16.28 Billion is below net income of $4.62 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Goldman Sachs Group Inc (GS) investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Goldman Sachs Group Inc Cash Flow Quality Index (1999–2025)
Historical Cash Flow Quality Index for Goldman Sachs Group Inc across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Goldman Sachs Group Inc (GS) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Goldman Sachs Group Inc (1999–2025)
Year-by-year earnings quality comparison for Goldman Sachs Group Inc. For live market cap and the full company financial profile, see Goldman Sachs Group Inc market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | -2.63x | $-45.15 Billion | $17.18 Billion | ▼ -184.1% |
| 2024 | -0.93x | $-13.21 Billion | $14.28 Billion | ▲ +37.4% |
| 2023 | -1.48x | $-12.59 Billion | $8.52 Billion | ▼ -291.1% |
| 2022 | 0.77x | $8.71 Billion | $11.26 Billion | ▲ +1716.5% |
| 2021 | 0.04x | $921.00 Million | $21.64 Billion | ▲ +102.9% |
| 2020 | -1.45x | $-13.73 Billion | $9.46 Billion | ▼ -151.5% |
| 2019 | 2.82x | $23.87 Billion | $8.47 Billion | ▲ +44.4% |
| 2018 | 1.95x | $20.42 Billion | $10.46 Billion | ▲ +147.2% |
| 2017 | -4.14x | $-17.74 Billion | $4.29 Billion | ▼ -649.8% |
| 2016 | 0.75x | $5.57 Billion | $7.40 Billion | ▼ -34.2% |
| 2015 | 1.14x | $6.96 Billion | $6.08 Billion | ▲ +227.3% |
| 2014 | -0.90x | $-7.62 Billion | $8.48 Billion | ▼ -259.1% |
| 2013 | 0.57x | $4.54 Billion | $8.04 Billion | ▼ -67.2% |
| 2012 | 1.72x | $12.88 Billion | $7.47 Billion | ▼ -64.6% |
| 2011 | 4.87x | $21.64 Billion | $4.44 Billion | ▲ +761.2% |
| 2010 | -0.74x | $-6.16 Billion | $8.35 Billion | ▼ -120.2% |
| 2009 | 3.65x | $48.88 Billion | $13.38 Billion | ▲ +347.7% |
| 2008 | 0.82x | $1.89 Billion | $2.32 Billion | ▲ +113.9% |
| 2007 | -5.88x | $-68.20 Billion | $11.60 Billion | ▼ -17.8% |
| 2006 | -4.99x | $-47.62 Billion | $9.54 Billion | ▼ -126.3% |
| 2005 | -2.21x | $-12.41 Billion | $5.63 Billion | ▲ +70.1% |
| 2004 | -7.38x | $-33.61 Billion | $4.55 Billion | ▼ -41.7% |
| 2003 | -5.21x | $-15.65 Billion | $3.00 Billion | ▼ -9.3% |
| 2002 | -4.77x | $-10.08 Billion | $2.11 Billion | ▲ +27.4% |
| 2001 | -6.57x | $-15.18 Billion | $2.31 Billion | ▼ -281.0% |
| 2000 | 3.63x | $11.13 Billion | $3.07 Billion | ▲ +178.1% |
| 1999 | -4.65x | $-12.59 Billion | $2.71 Billion | — |