OverviewSuggest Edit

The Goldman Sachs Group is a multinational finance company that is engaged in global investment banking, investment management, securities, and other financial services. It provides asset management, mergers and acquisitions advice, prime brokerage and securities underwriting services. The Investment Banking segment offers financial advisory services, including advice on mergers, sales, acquisitions and other restructurings. The Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities. The Investment Management segment is engaged in providing investment products and services.
TypePublic
Founded1869
HQNew York, US
Websitegoldmansachs.com
Employee Ratings4
Culture scoreB-

Latest Updates

Employees (est.) (Dec 2019)38,300(+2%)
Job Openings715
Revenue (FY, 2019)$36.5 B
Share Price (May 2020)$179.9

Key People/Management at Goldman Sachs

David M. Solomon

David M. Solomon

Chairman and Chief Executive Officer
John E. Waldron

John E. Waldron

President and Chief Operating Officer
Stephen M. Scherr

Stephen M. Scherr

Executive Vice President and Chief Financial Officer
Sarah E. Smith

Sarah E. Smith

Executive Vice President and Head of Global Compliance
Karen P. Seymour

Karen P. Seymour

Executive Vice President, General Counsel and Secretary of the Corporation
Dane E. Holmes

Dane E. Holmes

Executive Vice President and Global Head of Human Capital Management
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Goldman Sachs Office Locations

Goldman Sachs has offices in New York, Atlanta, Boston, Burlington and in 57 other locations
New York, US (HQ)
200 West Street
Atlanta, US
3414 Peachtree Rd NE #600
Boston, US
125 High St 17th Floor
Burlington, US
100 Bank St #800
Chicago, US
71 S Wacker Dr #500
Dallas, US
100 Crescent Ct #1000
Show all (66)

Goldman Sachs Financials and Metrics

Goldman Sachs Revenue

Goldman Sachs's revenue was reported to be $36.55 b in FY, 2019
USD

Revenue (Q1, 2020)

8.7b

Net income (Q1, 2020)

1.2b

Market capitalization (22-May-2020)

61.9b

Closing stock price (22-May-2020)

179.9

Cash (31-Mar-2020)

105.5b

EV

244.2b
Goldman Sachs's current market capitalization is $61.9 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

30.8b28.0b29.1b36.6b36.5b

Revenue growth, %

(11%)(9%)4%26%

Sales and marketing expense

12.3b739.0m

R&D expense

1.2b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

5.5b7.2b7.6b7.5b7.1b7.6b9.1b8.4b7.8b8.8b9.5b8.3b8.7b

Sales and marketing expense

3.3b186.0m169.0m153.0m

R&D expense

290.0m283.0m321.0m

Operating expense total

4.5b5.2b5.1b5.2b5.1b5.1b6.3b5.8b5.3b5.9b1.0b957.0m1.2b
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

75.1b121.7b110.1b130.5b133.5b

Accounts Receivable

117.3b115.5b150.7b80.6b108.9b

Total Assets

861.4b860.2b916.8b931.8b993.0b

Accounts Payable

307.9b312.6b316.8b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

79.2b103.3b99.5b123.0b110.9b116.6b120.5b131.4b118.9b87.9b91.1b94.1b105.5b

Accounts Receivable

120.3b126.7b128.6b130.6b145.6b149.6b179.7b162.7b159.3b82.7b83.8b85.8b128.5b

Total Assets

878.0b896.8b880.0b894.1b906.5b930.1b973.5b968.6b957.2b925.3b944.9b1.0t1.1t

Accounts Payable

315.8b341.6b329.0b324.2b325.1b335.7b341.9b346.1b341.5b
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

6.1b7.4b4.3b10.5b8.5b

Depreciation and Amortization

991.0m998.0m1.2b1.3b1.7b

Cash From Operating Activities

7.0b5.6b(17.7b)20.4b23.9b

Purchases of PP&E

(1.8b)(2.9b)(3.2b)(8.0b)(8.4b)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

1.1b3.0b5.1b2.3b4.1b6.2b2.8b5.4b7.9b2.3b4.7b6.5b1.2b

Depreciation and Amortization

239.0m484.0m731.0m257.0m522.0m802.0m299.0m634.0m951.0m368.0m767.0m1.2b437.0m

Cash From Operating Activities

(3.9b)5.7b1.8b(3.4b)(13.9b)(11.1b)(964.0m)7.6b2.3b(45.0b)(35.6b)(27.5b)(53.0b)

Purchases of PP&E

(573.0m)(1.2b)(2.1b)(838.0m)(1.5b)(2.2b)(1.6b)(3.8b)(5.9b)(2.1b)(4.2b)(6.4b)(2.8b)
USDY, 2020

EV/CFO

-4.6 x

Financial Leverage

11.8 x
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Goldman Sachs Operating Metrics

Goldman Sachs's Total Loans was reported to be $54.7b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Countries

30 30 30

Total Loans

$29.17 b$32.85 b$38.67 b$42.52 b$45.82 b$48.41 b$48.72 b$49.56 b$50.18 b$50.93 b$54.67 b
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Goldman Sachs Acquisitions / Subsidiaries

Company NameDateDeal Size
United Capital Financial AdvisersMay 16, 2019$750 m
Boyd CorporationJuly 12, 2018
Clarity MoneyApril 16, 2018

Goldman Sachs Revenue Breakdown

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Goldman Sachs revenue breakdown by business segment: 19.4% from Investment Management, 20.5% from Investing & Lending, 37.1% from Institutional Client Services and 23.0% from Investment Banking

Goldman Sachs Online and Social Media Presence

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Goldman Sachs Company Culture

  • Overall Culture

    B-

    68/100

  • CEO Rating

    A

    76/100

  • Compensation

    B

    71/100

  • Diversity

    C+

    65/100

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Goldman Sachs News and Updates

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Goldman Set Out to Automate IPOs and It Has Come Far, Really Fast

A few years ago, Goldman Sachs Group Inc.’s leaders took a hard look at how the bank carries out initial public offerings. They mapped 127 steps in every deal, then set out to see how many could be done by computers instead of people. The answer so far: about half.

Goldman Sachs Is Hosting A Client Call About Bitcoin, Gold and Inflation

Goldman Sachs’ latest client conference call will include a subject that Wall Street has either long derided or shrugged off: Bitcoin.

$10 Buys You a Chance to Pitch Ideas to Goldman Sachs CEO

It costs as little as $10 to win a chance at a face-to-face meeting with Goldman Sachs Group CEO David Solomon.

Goldman Sachs gives India's growth forecast a 'gigantic downgrade'

Gross domestic product is expected to contract by 5% for the year, worsening from the bank's earlier prediction of a negative 0.4% growth, according to Goldman Sachs.

Live music has collapsed, but streaming could save the industry, says Goldman Sachs

A new report forecasts that the music industry will see a 75% plunge in live music revenue in 2020, due to COVID-19. Streaming will save it. The music world is hitting a sour note right now, but new research finds streaming is key to keeping the industry alive.Read Full Story

Music industry to nearly double in value by the end of the decade, Goldman Sachs says

Analysts at Goldman Sachs expect the online streaming market to capture 1.2 billion users by 2030, up from the 2019 level of 341 million paid subscribers.
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Goldman Sachs Frequently Asked Questions

  • When was Goldman Sachs founded?

    Goldman Sachs was founded in 1869.

  • Who are Goldman Sachs key executives?

    Goldman Sachs's key executives are David M. Solomon, John E. Waldron and Stephen M. Scherr.

  • How many employees does Goldman Sachs have?

    Goldman Sachs has 38,300 employees.

  • What is Goldman Sachs revenue?

    Latest Goldman Sachs annual revenue is $36.5 b.

  • What is Goldman Sachs revenue per employee?

    Latest Goldman Sachs revenue per employee is $954.2 k.

  • Who are Goldman Sachs competitors?

    Competitors of Goldman Sachs include Credit Suisse, Wells Fargo and Bank of America.

  • Where is Goldman Sachs headquarters?

    Goldman Sachs headquarters is located at 200 West Street, New York.

  • Where are Goldman Sachs offices?

    Goldman Sachs has offices in New York, Atlanta, Boston, Burlington and in 57 other locations.

  • How many offices does Goldman Sachs have?

    Goldman Sachs has 66 offices.