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The Goldman Sachs Group, Inc. (GS) Operating Margin

Annual Operating Margin:

14.64%+4.65%(+46.55%)
December 31, 2024

Summary

  • As of today, GS annual operating profit margin is 14.64%, with the most recent change of +4.65% (+46.55%) on December 31, 2024.
  • During the last 3 years, GS annual operating margin has fallen by -28.24% (-65.86%).
  • GS annual operating margin is now -65.86% below its all-time high of 42.88%, reached on December 31, 2021.

Performance

GS Operating Margin Chart

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Range

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Quarterly Operating Margin:

5.39%-10.49%(-66.06%)
September 30, 2025

Summary

  • As of today, GS quarterly operating profit margin is 5.39%, with the most recent change of -10.49% (-66.06%) on September 30, 2025.
  • Over the past year, GS quarterly operating margin has dropped by -7.50% (-58.18%).
  • GS quarterly operating margin is now -91.42% below its all-time high of 62.79%, reached on December 31, 2009.

Performance

GS Quarterly Operating Margin Chart

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Operating Margin Formula

Operating Profit Margin =  Operating Profit
Revenue
✕ 100%

GS Operating Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1Y1 Year+46.5%-58.2%
3Y3 Years-65.9%-74.9%
5Y5 Years-32.7%-84.9%

GS Operating Margin Highs & Lows

PeriodPeriodAnnual vs HighAnnual vs HighAnnual vs LowAnnual vs LowQuarter. vs HighQuarter. vs HighQuarter. vs LowQuarter. vs Low
3Y3-Year-65.9%+46.5%-74.9%at low
5Y5-Year-65.9%+46.5%-89.3%at low
All-TimeAll-Time-65.9%+235.8%-91.4%+123.0%

GS Operating Margin History

DateAnnualQuarterly
Sep 2025
-
5.39%(-66.1%)
Jun 2025
-
15.88%(-11.4%)
Mar 2025
-
17.93%(+1.9%)
Dec 2024
14.64%(+46.5%)
17.60%(+36.5%)
Sep 2024
-
12.89%(+0.2%)
Jun 2024
-
12.86%(-21.5%)
Mar 2024
-
16.39%(+110.9%)
Dec 2023
9.99%(-52.2%)
7.77%(-19.0%)
Sep 2023
-
9.59%(+45.3%)
Jun 2023
-
6.60%(-58.7%)
Mar 2023
-
15.97%(+145.7%)
Dec 2022
20.91%(-51.2%)
6.50%(-69.7%)
Sep 2022
-
21.48%(-23.3%)
Jun 2022
-
28.00%(-22.8%)
Mar 2022
-
36.26%(-6.4%)
Dec 2021
42.88%(+44.5%)
38.73%(-17.5%)
Sep 2021
-
46.97%(+10.3%)
Jun 2021
-
42.57%(-2.9%)
Mar 2021
-
43.84%(-12.7%)
Dec 2020
29.68%(+36.5%)
50.23%(+41.0%)
Sep 2020
-
35.63%(+32.3%)
Jun 2020
-
26.94%(+113.8%)
Mar 2020
-
12.60%(-47.5%)
Dec 2019
21.74%(-16.4%)
23.99%(+22.8%)
Sep 2019
-
19.53%(-13.4%)
Jun 2019
-
22.54%(+8.6%)
Mar 2019
-
20.76%(-35.3%)
Dec 2018
25.99%(-0.5%)
32.07%(+29.3%)
Sep 2018
-
24.80%(-6.1%)
Jun 2018
-
26.42%(+0.5%)
Mar 2018
-
26.29%(-7.5%)
Dec 2017
26.11%(-9.9%)
28.43%(+4.4%)
Sep 2017
-
27.23%(+9.9%)
Jun 2017
-
24.77%(-12.3%)
Mar 2017
-
28.23%(-19.5%)
Dec 2016
28.97%(-11.9%)
35.09%(+21.8%)
Sep 2016
-
28.81%(+3.2%)
Jun 2016
-
27.93%(+24.1%)
Mar 2016
-
22.51%(-35.6%)
Dec 2015
32.88%(-2.2%)
34.94%(+26.5%)
Sep 2015
-
27.61%(-3.8%)
Jun 2015
-
28.70%(-22.3%)
Mar 2015
-
36.93%(-6.0%)
Dec 2014
33.61%(+6.2%)
39.28%(+6.4%)
Sep 2014
-
36.90%(+25.3%)
Jun 2014
-
29.45%(-2.5%)
Mar 2014
-
30.19%(-27.8%)
Dec 2013
31.64%(+9.2%)
41.81%(+49.7%)
Sep 2013
-
27.92%(+4.1%)
Jun 2013
-
26.81%(-9.4%)
Mar 2013
-
29.59%(-30.5%)
Dec 2012
28.97%(+62.0%)
42.55%(+75.9%)
Sep 2012
-
24.19%(+36.1%)
Jun 2012
-
17.78%(-37.5%)
Mar 2012
-
28.44%(+77.0%)
DateAnnualQuarterly
Dec 2011
17.88%(-40.8%)
16.07%(+236.0%)
Sep 2011
-
-11.82%(-168.1%)
Jun 2011
-
17.35%(-44.7%)
Mar 2011
-
31.40%(-14.2%)
Dec 2010
30.19%(-21.3%)
36.61%(+38.2%)
Sep 2010
-
26.49%(+35.2%)
Jun 2010
-
19.60%(-45.7%)
Mar 2010
-
36.08%(-42.5%)
Dec 2009
38.37%(+780.0%)
62.79%(+79.2%)
Sep 2009
-
35.04%(+5.8%)
Jun 2009
-
33.11%(+49.6%)
Mar 2009
-
22.13%(+384.2%)
Nov 2008
4.36%(-78.3%)
4.57%(-36.0%)
Aug 2008
-
7.14%(-55.5%)
May 2008
-
16.05%(+38.5%)
Feb 2008
-
11.59%(-50.6%)
Nov 2007
20.05%(-4.8%)
23.47%(+30.1%)
Aug 2007
-
18.04%(+6.9%)
May 2007
-
16.87%(-22.7%)
Feb 2007
-
21.81%(-21.5%)
Nov 2006
21.06%(+4.3%)
27.77%(+78.7%)
Aug 2006
-
15.54%(-24.1%)
May 2006
-
20.48%(-7.5%)
Feb 2006
-
22.13%(+3.3%)
Nov 2005
20.20%(-16.0%)
21.42%(+4.8%)
Aug 2005
-
20.44%(+34.0%)
May 2005
-
15.25%(-33.5%)
Feb 2005
-
22.94%(-20.3%)
Nov 2004
24.06%(+23.1%)
28.77%(+38.5%)
Aug 2004
-
20.77%(-14.6%)
May 2004
-
24.32%(-8.2%)
Feb 2004
-
26.48%(+4.4%)
Nov 2003
19.54%(+37.3%)
25.37%(+47.9%)
Aug 2003
-
17.15%(-1.1%)
May 2003
-
17.34%(-5.5%)
Feb 2003
-
18.35%(+28.9%)
Nov 2002
14.23%(+19.9%)
14.24%(+5.3%)
Aug 2002
-
13.52%(-6.4%)
May 2002
-
14.45%(-1.8%)
Feb 2002
-
14.72%(+24.4%)
Nov 2001
11.87%(-22.0%)
11.83%(+13.5%)
Aug 2001
-
10.42%(-10.2%)
May 2001
-
11.60%(-12.5%)
Feb 2001
-
13.25%(+16.3%)
Nov 2000
15.21%(+93.8%)
11.39%(-26.6%)
Aug 2000
-
15.51%(+1.0%)
May 2000
-
15.35%(-17.3%)
Feb 2000
-
18.57%(+3.1%)
Nov 1999
7.85%(-39.6%)
18.01%(+7.2%)
Aug 1999
-
16.80%(+171.8%)
May 1999
-
-23.40%(-215.3%)
Feb 1999
-
20.29%
Nov 1998
12.99%(-11.9%)
-
Nov 1997
14.75%(-2.1%)
-
Nov 1996
15.07%
-

FAQ

  • What is The Goldman Sachs Group, Inc. annual operating profit margin?
  • What is the all-time high annual operating margin for The Goldman Sachs Group, Inc.?
  • What is The Goldman Sachs Group, Inc. annual operating margin year-on-year change?
  • What is The Goldman Sachs Group, Inc. quarterly operating profit margin?
  • What is the all-time high quarterly operating margin for The Goldman Sachs Group, Inc.?
  • What is The Goldman Sachs Group, Inc. quarterly operating margin year-on-year change?

What is The Goldman Sachs Group, Inc. annual operating profit margin?

The current annual operating margin of GS is 14.64%

What is the all-time high annual operating margin for The Goldman Sachs Group, Inc.?

The Goldman Sachs Group, Inc. all-time high annual operating profit margin is 42.88%

What is The Goldman Sachs Group, Inc. annual operating margin year-on-year change?

Over the past year, GS annual operating profit margin has changed by +4.65% (+46.55%)

What is The Goldman Sachs Group, Inc. quarterly operating profit margin?

The current quarterly operating margin of GS is 5.39%

What is the all-time high quarterly operating margin for The Goldman Sachs Group, Inc.?

The Goldman Sachs Group, Inc. all-time high quarterly operating profit margin is 62.79%

What is The Goldman Sachs Group, Inc. quarterly operating margin year-on-year change?

Over the past year, GS quarterly operating profit margin has changed by -7.50% (-58.18%)
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