Goldman Sachs Group Inc (GS) — Free Cash Flow Generation Index
Goldman Sachs Group Inc (GS) has a Free Cash Flow Generation Index of 0.79x as of September 2025. Free cash flow of $2.12 Billion represents 1% of operating cash flow ($2.68 Billion). Explore GS capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Goldman Sachs Group Inc Free Cash Flow Generation Index (2000–2022)
Historical FCF Generation Index trend for Goldman Sachs Group Inc across 12 annual periods. For the full cash flow conversion analysis, see Goldman Sachs Group Inc (GS) cash conversion ratio.
Annual Free Cash Flow Generation for Goldman Sachs Group Inc (2000–2022)
Year-by-year Free Cash Flow Generation Index for Goldman Sachs Group Inc. Check Goldman Sachs Group Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2022 | 0.57x | $4.96 Billion | $8.71 Billion | $3.75 Billion | ▲ +114.0% |
| 2021 | -4.07x | $-3.75 Billion | $921.00 Million | $4.67 Billion | ▼ -729.4% |
| 2019 | 0.65x | $15.43 Billion | $23.87 Billion | $8.44 Billion | ▲ +6.1% |
| 2018 | 0.61x | $12.44 Billion | $20.42 Billion | $7.98 Billion | ▲ +25.9% |
| 2016 | 0.48x | $2.69 Billion | $5.57 Billion | $2.88 Billion | ▼ -34.3% |
| 2015 | 0.74x | $5.13 Billion | $6.96 Billion | $1.83 Billion | ▼ -12.8% |
| 2013 | 0.84x | $3.84 Billion | $4.54 Billion | $706.00 Million | ▼ -8.7% |
| 2012 | 0.93x | $11.92 Billion | $12.88 Billion | $961.00 Million | ▼ -2.1% |
| 2011 | 0.95x | $20.46 Billion | $21.64 Billion | $1.18 Billion | ▼ -2.4% |
| 2009 | 0.97x | $47.32 Billion | $48.88 Billion | $1.56 Billion | ▲ +1478.7% |
| 2008 | -0.07x | $-133.00 Million | $1.89 Billion | $2.03 Billion | ▼ -110.3% |
| 2000 | 0.68x | $7.59 Billion | $11.13 Billion | $3.54 Billion | — |