GOLDMAN SACHS GROUP INC (GS) closed fiscal year 2025 with a net margin of 29.5 %.
GOLDMAN SACHS GROUP INC (GS) closed fiscal year 2025 with a net margin of 29.5 %. The free cash flow margin was -81.0 %. The series covers 17 fiscal years, from 2009 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| EBIT margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net margin (%) | — | — | 15.42 % | 21.88 % | 23.50 % | 24.55 % | 17.99 % | 24.03 % | 13.10 % | 28.56 % | 23.17 % | 21.23 % | 36.46 % | 23.77 % | 18.41 % | 26.68 % | 29.47 % |
| FCF margin (%) | — | — | 73.99 % | 34.89 % | 11.22 % | -24.94 % | 22.61 % | 11.79 % | -72.33 % | 23.44 % | 42.21 % | -55.75 % | 2.75 % | 10.47 % | -32.22 % | -28.60 % | -81.02 % |
