What is Goldman Sachs Group's goodwill?

Goldman Sachs Group (GS) reported goodwill of $5.91B in Q3 2023.

How has Goldman Sachs Group's goodwill changed year-over-year?

Goldman Sachs Group's goodwill decreased by 6.0% year-over-year, from $6.29B to $5.91B.

What is the long-term trend for Goldman Sachs Group's goodwill?

Over 2 years (2020 to 2022), Goldman Sachs Group's goodwill has grown at a 21.3% compound annual growth rate (CAGR), from $4.33B to $6.37B.

What does goodwill mean?

The 'extra' money paid when buying another company, representing its brand and future potential.

Goodwill

Non-Current Assets

Goldman Sachs Group Goodwill decreased by 0.5% to $5.91B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 6.0%, from $6.29B to $5.91B. Over 2 years (FY 2020 to FY 2022), Goodwill shows an upward trend with a 21.3% CAGR.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryMarket Position

SignalContext dependent

VolatilityStable

First reportedQ4 2008

Last reportedQ4 2025

How to read this metric

High goodwill indicates an active M&A strategy; significant write-downs (impairment) signal that past acquisitions did not perform as expected.

Detailed definition

The premium paid during an acquisition over the fair market value of the acquired company's net tangible and intangible...

Peer comparison

High in companies like Microsoft or Salesforce that grow through large-scale acquisitions (e.g., LinkedIn, Activision).

Metric ID: goodwill

Historical Data

8 periods

	Q2 '21	Q3 '21	Q4 '21	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23
Value	$4.33B	$4.33B	$4.29B	$6.29B	$6.37B	$6.44B	$5.94B	$5.91B
QoQ Change	—	-0.1%	-0.9%	+46.7%	+1.4%	+1.0%	-7.7%	-0.5%
YoY Change	—	—	—	+45.4%	+48.8%	—	—	-6.0%

Range$4.29B – $6.44B

CAGR+19.5%

Avg YoY Growth+29.4%

Median YoY Growth+45.4%

Current Streak2 quarters decline

Business Segments

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Goodwill at Other Companies

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Frequently Asked Questions

What is Goldman Sachs Group's goodwill?: Goldman Sachs Group (GS) reported goodwill of $5.91B in Q3 2023.
How has Goldman Sachs Group's goodwill changed year-over-year?: Goldman Sachs Group's goodwill decreased by 6.0% year-over-year, from $6.29B to $5.91B.
What is the long-term trend for Goldman Sachs Group's goodwill?: Over 2 years (2020 to 2022), Goldman Sachs Group's goodwill has grown at a 21.3% compound annual growth rate (CAGR), from $4.33B to $6.37B.
What does goodwill mean?: The 'extra' money paid when buying another company, representing its brand and future potential.