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Goldman Sachs Group GS Free cash flow yield

Free cash flow yield at other companies

Citigroup logo
CitigroupC
-46.6%
Morgan Stanley logo
Morgan StanleyMS
-19.1%-4.3pp

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+16.7%

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

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 trailing twelve months.

The official record: Goldman Sachs Group’s 10-Q, filed May 3, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Goldman Sachs Group's free cash flow yield?
Goldman Sachs Group (GS) reported free cash flow yield of -38.5% in Q1 2024.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.