Goldman Sachs Group Inc Tangible Net Worth Ratio
Goldman Sachs Group Inc tangible net worth ratio. Goldman Sachs Group Inc (GS) has a Tangible Net Worth Ratio of 98.4% as of June 2026. This metric is calculated by deducting intangible assets ($1.93 Billion) from net assets ($122.74 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check GS strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Goldman Sachs Group Inc (1999–2025)
Tangible net worth ratio of Goldman Sachs Group Inc from 1999 to 2025. This chart shows how Goldman Sachs Group Inc's Tangible Net Worth Ratio has changed across 27 annual periods from 1999 to 2025. As of June 2026, the ratio stands at 98.4%, reflecting net assets of $122.74 Billion with intangible assets of $1.93 Billion USD. See GS net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Goldman Sachs Group Inc Tangible Net Worth Ratio by Year (1999–2025)
Goldman Sachs Group Inc tangible net worth ratio by year from 1999 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Goldman Sachs Group Inc from 1999 to 2025, covering 27 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Goldman Sachs Group Inc stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.3% | $124.97 Billion | $842.00 Million | $1.81 Trillion | ▲ +0.0 pp |
| 2024 | 99.3% | $122.00 Billion | $847.00 Million | $1.68 Trillion | ▲ +0.3 pp |
| 2023 | 99.0% | $116.91 Billion | $1.18 Billion | $1.64 Trillion | ▲ +0.7 pp |
| 2022 | 98.3% | $117.19 Billion | $2.01 Billion | $1.44 Trillion | ▼ -1.3 pp |
| 2021 | 99.6% | $109.93 Billion | $418.00 Million | $1.46 Trillion | ▲ +0.3 pp |
| 2020 | 99.3% | $96.00 Billion | $630.00 Million | $1.16 Trillion | ▲ +0.1 pp |
| 2019 | 99.3% | $90.00 Billion | $641.00 Million | $993.00 Billion | ▼ -0.4 pp |
| 2018 | 99.6% | $90.00 Billion | $324.00 Million | $933.00 Billion | ▲ +0.1 pp |
| 2017 | 99.5% | $82.24 Billion | $373.00 Million | $916.78 Billion | ▲ +0.0 pp |
| 2016 | 99.5% | $86.89 Billion | $429.00 Million | $860.16 Billion | ▲ +0.1 pp |
| 2015 | 99.4% | $86.73 Billion | $491.00 Million | $861.39 Billion | ▲ +0.1 pp |
| 2014 | 99.4% | $82.80 Billion | $515.00 Million | $855.84 Billion | ▲ +0.2 pp |
| 2013 | 99.1% | $78.47 Billion | $671.00 Million | $911.51 Billion | ▲ +1.0 pp |
| 2012 | 98.2% | $75.72 Billion | $1.40 Billion | $938.55 Billion | ▲ +0.5 pp |
| 2011 | 97.6% | $70.38 Billion | $1.67 Billion | $923.23 Billion | ▲ +0.3 pp |
| 2010 | 97.4% | $77.36 Billion | $2.03 Billion | $911.33 Billion | ▼ -0.7 pp |
| 2009 | 98.1% | $70.71 Billion | $1.38 Billion | $848.94 Billion | ▲ +0.4 pp |
| 2008 | 97.6% | $64.37 Billion | $1.53 Billion | $884.55 Billion | ▲ +1.8 pp |
| 2007 | 95.9% | $42.80 Billion | $1.77 Billion | $1.12 Trillion | ▲ +2.9 pp |
| 2006 | 93.0% | $35.79 Billion | $2.50 Billion | $838.20 Billion | ▲ +0.3 pp |
| 2005 | 92.7% | $28.00 Billion | $2.06 Billion | $706.80 Billion | ▼ -0.6 pp |
| 2004 | 93.3% | $25.08 Billion | $1.69 Billion | $531.38 Billion | ▲ +1.7 pp |
| 2003 | 91.6% | $21.63 Billion | $1.82 Billion | $403.80 Billion | ▲ +2.0 pp |
| 2002 | 89.6% | $19.00 Billion | $1.98 Billion | $355.57 Billion | ▼ -10.4 pp |
| 2001 | 100.0% | $18.23 Billion | $0.00 | $312.22 Billion | ▲ +25.8 pp |
| 2000 | 74.2% | $16.53 Billion | $4.26 Billion | $284.41 Billion | ▼ -25.8 pp |
| 1999 | 100.0% | $10.14 Billion | $0.00 | $250.49 Billion | — |