The financial services firm, best known for its prominent investment banking wing and asset management unit, rose two spots on this year’s list, growing revenue 5.7% despite a tumultuous year for the financial sector.
  • The company brought in $68.7 billion in revenue as it opened new offices and expanded its client base.
  • Goldman Sachs’ profits plunged in 2022 as the private and public markets took a beating. The bank brought in $11.3 billion, down 48% from the year prior.
  • In May 2023 the firm reportedly noted in an internal memo its plan to open an office in Abu Dhabi, thus expanding its Middle East footprint.
  • Also in May, the firm agreed to pay $215 million to settle a class action lawsuit alleging Goldman Sachs had been underpaying women across several divisions.
Leonardo Munoz—VIEWpress/Getty Images

Company Information

As of 6/5/23
Country
U.S.
Headquarters
New York City
Industry
Commercial Banks
CEO
David M. Solomon
Company Type
Public
Ticker
GS
Revenues ($M)
$68,711
Profits ($M)
$11,261
Market Value ($M)
$113,964
Employees
48,500
Market value as of March 31, 2023.

Key Financials (Last Fiscal Year)

$ millions
% change
Revenues ($M)
$68,711
5.7%
Profits ($M)
$11,261
-48%
Assets ($M)
$1,441,799
-
Total Stockholder Equity ($M)
$117,189
-

Profit Ratios

Profit as % of Revenues
16.4%
Profits as % of Assets
0.8%
Profits as % of Stockholder Equity
9.6%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)
30.06
EPS % Change (from 2021)
-49.4%
EPS % Change (5 year annual rate)
27.2%
EPS % Change (10 year annual rate)
7.8%

Total Return

Total Return to Investors (2022)
-7.7%
Total Return to Investors (5 year, annualized)
8.4%
Total Return to Investors (10 year, annualized)
12.3%

Goldman Sachs Group Rank History

Historical Data

YearRevenues ($M)Profits ($M)Assets ($M)Total Stockholder Equity ($M)
2022$64,98921.5%$21,635128.7%$1,463,988$109,926
2021$53,498-0.8%$9,45911.7%$1,163,028$95,932
2020$53,9222.7%$8,466-19.1%$992,968$90,265
2019$52,52824.3%$10,459144.0%$931,796$90,185
2018$42,25412%$4,286-42.1%$916,776$82,243
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