OverviewSuggest Edit

Goldman Sachs (also known as The Goldman Sachs Group) is an investment banking, securities, and investment management company. It operates in four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and middle-market lending, relationship lending, and acquisition financing, as well as transaction banking services. The Global Markets segment focuses on client execution activities for cash and derivative instruments, credit products, mortgages, currencies, commodities, and equities; and provision of equity intermediation, and equity financing services, as well as offers clearing, settlement and custody services. The Asset Management segment manages assets across various asset classes, including equity, fixed income, hedge funds, credit funds, private equity, real estate, currencies, and commodities. The Consumer & Wealth Management segment offers wealth advisory and banking services, including financial planning, investment management, and lending; private banking and lending services; unsecured loans; and saving and time deposits.
TypePublic
Founded1869
HQNew York, NY, US
Websitegoldmansachs.com
Employee Ratings4.1
Overall CultureB-

Latest Updates

Employees (est.) (Dec 2019)38,300(+2%)
Revenue (FY, 2019)$36.5 B
Share Price (Jan 2021)$301 (-2%)
Cybersecurity ratingAMore

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

Chief Financial Officer
John F. W. Rogers

John F. W. Rogers

Executive Vice President
Laurence Stein

Laurence Stein

Chief Administrative Officer
Beth M. Hammack

Beth M. Hammack

Global Treasurer
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Goldman Sachs Office Locations

Goldman Sachs has offices in New York, Alpharetta, Atlanta, Boston and in 62 other locations
New York, NY, US (HQ)
200 West Street
Alpharetta, GA, US
11605 Haynes Bridge Rd. Suite 695
Atlanta, GA, US
3414 Peachtree Road, N.E. Suite 600
Boston, MA, US
125 High St 20th Floor
Boulder, CO, US
1738 Pearl St #301
Burlington, VT, US
100 Bank St #800
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Goldman Sachs Financials and Metrics

Goldman Sachs Revenue

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

Revenue (Q3, 2020)

10.8b

Net income (Q3, 2020)

3.4b

Market capitalization (15-Jan-2021)

103.6b

Closing stock price (15-Jan-2021)

301.0

Cash (30-Sept-2020)

153.2b

EV

230.6b
Goldman Sachs's current market capitalization is $103.6 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, 2020Q2, 2020Q3, 2020

Revenue

5.5b7.2b7.6b7.5b7.1b7.6b9.1b8.4b7.8b8.8b9.5b8.3b8.7b13.3b10.8b

Sales and marketing expense

3.3b186.0m169.0m153.0m89.0m70.0m

R&D expense

290.0m283.0m321.0m345.0m340.0m

Operating expense total

4.5b5.2b5.1b5.2b5.1b5.1b6.3b5.8b5.3b5.9b1.0b957.0m1.2b3.9b1.2b
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, 2020Q2, 2020Q3, 2020

Cash

79.2b103.3b99.5b123.0b110.9b116.6b120.5b131.4b118.9b87.9b91.1b94.1b105.5b132.6b153.2b

Accounts Receivable

120.3b126.7b128.6b130.6b145.6b149.6b179.7b162.7b159.3b82.7b83.8b85.8b128.5b117.1b111.8b

Total Assets

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

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, 2020Q2, 2020Q3, 2020

Net Income

1.1b3.0b5.1b2.3b4.1b6.2b2.8b5.4b7.9b2.3b4.7b6.5b1.2b1.6b5.0b

Depreciation and Amortization

239.0m484.0m731.0m257.0m522.0m802.0m299.0m634.0m951.0m368.0m767.0m1.2b437.0m936.0m1.4b

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)(64.7b)(29.7b)

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)(3.9b)(4.9b)
USDFY, 2015

Revenue/Employee

835.8k

Debt/Equity

2.5 x

Debt/Assets

0.3 x

Financial Leverage

9.9 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

Embed Graph

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 Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

Goldman Sachs Online and Social Media Presence

Embed Graph

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 more than doubles profit on trading boost

Goldman Sachs more than doubled its profits in the fourth quarter helped by a boom in its investment banking and The post Goldman Sachs more than doubles profit on trading boost appeared first on CityAM.

Goldman Sachs says stocks face a growing risk of correction — but recommends investors buy any dip amid low bear-market odds

Summary List Placement Risks of a stock-market correction are growing, but investors shouldn't jump ship, Goldman Sachs said Tuesday. The bank expects tactical risks to eventually give way to a new bull market and steady gains. Investors should look through near-term volatility and buy on any corr…

Stocks Soar, Dow Jumps 200 As Goldman Sachs, Bank Of America Beat Earnings Expectations

Meanwhile, an agreement with Walmart has Western Union shares surging 7%.

Goldman Sachs reveals the 8 'green energy majors' that are set to shoot up in value in a sector worth trillions of dollars as the renewables race heats up

Summary List PlacementThe green revolution has ushered a new generation of energy majors that will dominate the sector and overtake the traditional oil and gas giants in terms of size and prominence. Already, investors are pushing cash into the green story. In 2020, the combined market value of th…
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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, Alpharetta, Atlanta, Boston and in 62 other locations.

  • How many offices does Goldman Sachs have?

    Goldman Sachs has 71 offices.