Analysis for GS
- 📈 Growth — 30/30
- 💰 Profitability — 20/20
- 🏦 Financial Health — 14/20
- 💵 Valuation — 12/20
- ⚠️ Risk — 7/10
Summary:
📈 Growth & Financial Trajectory
Eight quarters show revenues up from about $12.70B in Q2 2024 to $17.23B in Q1 2026, a roughly 36% gain. Net income rose from about $3.00B to $5.63B, an ~88% increase. The acceleration is visible from late 2024 through 2025, with Q2 2025 and Q4 2025 temporarily softer before resuming strength in Q1 2026.
💰 Margins & Cash Flow
Operating margins remain solid, typically in the 30–50% range, supporting earnings growth. Cash flow is more volatile: operating cash flow is often negative quarter to quarter, while financing activities provide large inflows, yielding a positive net cash flow overall in most periods. This pattern underscores reliance on financing for liquidity alongside steady profitability.
🛡️ Balance Sheet & Liquidity
Balance sheet strength is evident: assets run about $1.76T–$2.06T with equity near $122–$125B. Current liabilities hover around $1.63T–$1.93T, producing a slender current ratio around 1.0–1.1. Noncurrent liabilities are minimal, suggesting resilience despite substantial short‑term funding needs.
⚠️ Key Drivers & Risks
- Drivers: Core revenue drivers are the strength of capital markets activity and advisory/wealth management flows.
- Risks: Market cyclicality and regulatory/rate sensitivity; earnings can be volatile and highly leverage‑dependent.