The Goldman Sachs Group, Inc.
The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through three segments: Global Banking & Markets, Asset & Wealth Management, and Platform Solutions. The Global Banking & Markets segment provides financial advi… Read more
The Goldman Sachs Group, Inc. (0R3G) - Net Assets
Latest net assets as of December 2025: $124.97 Billion USD
Based on the latest financial reports, The Goldman Sachs Group, Inc. (0R3G) has net assets worth $124.97 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.81 Trillion) and total liabilities ($1.68 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $124.97 Billion |
| % of Total Assets | 6.91% |
| Annual Growth Rate | 3.26% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.52 |
The Goldman Sachs Group, Inc. - Net Assets Trend (2021–2025)
This chart illustrates how The Goldman Sachs Group, Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The Goldman Sachs Group, Inc. (2021–2025)
The table below shows the annual net assets of The Goldman Sachs Group, Inc. from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $124.97 Billion | +2.44% |
| 2024-12-31 | $122.00 Billion | +4.35% |
| 2023-12-31 | $116.91 Billion | -0.24% |
| 2022-12-31 | $117.19 Billion | +6.61% |
| 2021-12-31 | $109.93 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Goldman Sachs Group, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 25.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $165.29 Billion | 132.26% |
| Total Equity | $124.97 Billion | 100.00% |
The Goldman Sachs Group, Inc. Competitors by Market Cap
The table below lists competitors of The Goldman Sachs Group, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Roche Holding AG
OTCQX:RHHBF
|
$243.19 Billion |
|
Raytheon Technologies Corp
NYSE:RTX
|
$255.41 Billion |
|
UnitedHealth Group Incorporated
NYSE:UNH
|
$255.90 Billion |
|
Philip Morris International Inc
NYSE:PM
|
$257.97 Billion |
|
SAP SE
PINK:SAPGF
|
$238.59 Billion |
|
Goldman Sachs Group Inc
NYSE:GS
|
$236.20 Billion |
|
Wells Fargo & Company
NYSE:WFC
|
$235.02 Billion |
|
International Business Machines
NYSE:IBM
|
$232.33 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Goldman Sachs Group, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 121,996,000,000 to 124,972,000,000, a change of 2,976,000,000 (2.4%).
- Net income of 17,176,000,000 contributed positively to equity growth.
- Dividend payments of 5,277,000,000 reduced retained earnings.
- Share repurchases of 12,360,000,000 reduced equity.
- New share issuances of 1,895,000,000 increased equity.
- Other factors increased equity by 1,542,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $17.18 Billion | +13.74% |
| Dividends Paid | $5.28 Billion | -4.22% |
| Share Repurchases | $12.36 Billion | -9.89% |
| Share Issuances | $1.90 Billion | +1.52% |
| Other Changes | $1.54 Billion | +1.23% |
| Total Change | $- | 2.44% |
Book Value vs Market Value Analysis
This analysis compares The Goldman Sachs Group, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.87x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.39x to 1.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $329.54 | $788.90 | x |
| 2022-12-31 | $349.90 | $788.90 | x |
| 2023-12-31 | $361.51 | $788.90 | x |
| 2024-12-31 | $392.71 | $788.90 | x |
| 2025-12-31 | $421.52 | $788.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Goldman Sachs Group, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.74%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.47%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 14.48x
- Recent ROE (13.74%) is above the historical average (12.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 19.68% | 36.46% | 0.04x | 13.32x | $10.64 Billion |
| 2022 | 9.61% | 23.77% | 0.03x | 12.30x | $-457.90 Million |
| 2023 | 7.28% | 18.41% | 0.03x | 14.04x | $-3.17 Billion |
| 2024 | 11.70% | 26.68% | 0.03x | 13.74x | $2.08 Billion |
| 2025 | 13.74% | 29.47% | 0.03x | 14.48x | $4.68 Billion |
Industry Comparison
This section compares The Goldman Sachs Group, Inc.'s net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Goldman Sachs Group, Inc. (0R3G) | $124.97 Billion | 19.68% | 13.48x | $241.92 Billion |
| Nyfosa AB (0A0K) | $13.33 Billion | 16.69% | 1.39x | $961.70 Million |
| Tethys Oil AB (0A1V) | $256.60 Million | 6.51% | 0.11x | $122.95 Million |
| High Templar Tech Limited (0A2T) | $12.04 Billion | -3.01% | 0.06x | $258.24 Million |
| Strategy Inc (0A7O) | $605.73 Million | 3.00% | 0.54x | $37.86 Billion |
| NACON SASU (0A9N) | $40.77 Million | 2.41% | 0.74x | $7.35 Million |
| Antin Infrastructure Partners (0AA5) | $32.26 Million | 152.50% | 1.23x | $579.46 Million |
| Truecaller AB Series B (0AA7) | $145.93 Million | -10.64% | 1.99x | $271.46 Million |
| Brockhaus Technologies AG (0AAW) | $315.34 Million | 15.55% | 1.46x | $75.78 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $39.07 Million | -39.37% | 0.22x | $71.96 Million |
| Kalray S.A. (0ABT) | $54.02 Million | -28.78% | 0.63x | $33.84 Million |