Goldman Sachs Group
RANK
55
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 $215 million to settle a class action lawsuit alleging Goldman Sachs had been underpaying women across several divisions.
Leonardo Munoz—VIEWpress/Getty Images
Company Information
As of 6/5/23
Country
U.S.
Headquarters
New York City
Industry
Commercial Banks
CEO
David M. Solomon
Website
Company Type
Public
Ticker
GS
Revenues ($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
| Year | Revenues ($M) | Profits ($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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