The Goldman Sachs Group, Inc. GS-PK NYSE

NYSE • Financial Services • Financial - Capital Markets • US • USD

SharesGrow Score

66/100

3/7 Pass

SharesGrow Intrinsic Value

N/A

Negative cash flow

Income Statement Balance Sheet Cash Flow Statement

Annual Quarterly

The Goldman Sachs Group, Inc. (GS-PK) generated $-45.15B in operating cash flow for fiscal year 2025. After capital expenditures of $2.06B, free cash flow was $-47.22B.

Free cash flow margin was -37.7% of revenue. Cash conversion ratio was -2.63x, suggesting some earnings are non-cash.

The company returned $5.28B in dividends and $12.36B in share buybacks to shareholders during the period.

Criteria supported by this page:

HEALTH (0/100, Fail) — weak cash flow raises concerns about debt servicing
MOAT (66/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
INCOME (55/100) — Cash conversion ratio was -2.63x suggests some earnings are non-cash items

Overall SharesGrow Score: 66/100 with 3/7 criteria passed.

SharesGrow 7-Criteria Score

66/100

SG Score

View full scorecard →

✓

VALUE

100/100

Price-to-Earnings & upside

→ Valuation

FUTURE

40/100

Analyst consensus

→ Forecast

✓

PAST

100/100

→ Income

✗

HEALTH

0/100

Debt-to-Equity & liquidity

Proven by this page

MOAT

66/100

Proven by this page

✓

GROWTH

100/100

→ Income

INCOME

55/100

→ Income

The Goldman Sachs Group, Inc. Cash Flow History

Metric	TTM	FY2025	FY2024	FY2023	FY2022
Operating Cash Flow	$-45.15B	$-45.15B	$-13.21B	$-12.59B	$8.71B
Capital Expenditure	$-2.06B	$-2.06B	$-2.09B	$-2.32B	$-3.75B
Free Cash Flow	$-47.22B	$-47.22B	$-15.3B	$-14.9B	$4.96B