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Goldman Sachs Group GS Debt-to-assets

Debt-to-assets at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
0.1×0.0×
Bank of America logo
Bank of AmericaBAC
0.1×0.0×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.1×-0.1×
Jefferies Financial Group logo
Jefferies Financial GroupJEF
0.3×0.0×
Stifel Financial logo
Stifel FinancialSF
0.0×
Citigroup logo
CitigroupC
0.1×0.0×

Other financials

Income statement

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Revenue$17.2B+14.4%
Net income$5.6B+18.8%
EPS (diluted)$17.55+24.3%

Balance sheet

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Cash & equivalents$179.53B+7.2%
Total debt$2.1B-99.4%
Total equity$122.78B-1.2%
Total assets$2.06T+16.6%

Cash flow

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Operating cash flow-$31.9B+14.4%
CapEx$565.0M+13.2%
Free cash flow-$32.4B+14.0%

Valuation

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Market cap$323.49B+47.0%
Enterprise value$146.06B-78.7%
P/E17.9×+3.1×
P/S5.4×+1.3×

Profitability

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Net margin29.9%+2.5pp
FCF margin-108.3%

Returns & leverage

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Return on equity14.6%+2.4pp
Debt / equity-2.7×

Where this comes from

Calculated from Goldman Sachs Group’s reported figures.

Based on the most recent quarter.

The official record: Goldman Sachs Group’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Goldman Sachs Group's debt-to-assets?
Goldman Sachs Group (GS) reported debt-to-assets of 0× in Q1 2026.
How has Goldman Sachs Group's debt-to-assets changed year-over-year?
Goldman Sachs Group's debt-to-assets decreased by 99.5% year-over-year, from 0.2× to 0×.
What is the long-term trend for Goldman Sachs Group's debt-to-assets?
Over 5 years (2020 to 2025), Goldman Sachs Group's debt-to-assets has grown at a -6.6% compound annual growth rate (CAGR), from 0.3× to 0.2×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.