A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for The Goldmanchs Group's Debt-to-Equity or its related term are showing as below:
XSWX:GS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 2.59 Med: 3.02 Max: 3.6
Current: 3.54
During the past 13 years, the highest Debt-to-Equity Ratio of The Goldmanchs Group was 3.60. The lowest was 2.59. And the median was 3.02.
XSWX:GS's Debt-to-Equity is ranked worse than 94.59% of 610
companies
in the Capital Markets industry
Industry Median: 0.31
vs XSWX:GS: 3.54
The Goldmanchs Group (XSWX:GS) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
The Goldmanchs Group Debt-to-Equity Related Terms
The Goldmanchs Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for The Goldmanchs Group's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:GS vs MS, SCHW, HOOD: Debt-to-Equity Comparison
For the Capital Markets subindustry, The Goldmanchs Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The Goldmanchs Group Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, The Goldmanchs Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where The Goldmanchs Group's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The Goldmanchs Group (XSWX:GS) has a Debt-to-Equity of 3.54 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on The Goldmanchs Group and its competitors. This is 17% above median its historical median of 3.02. Over the past decade, The Goldmanchs Group's Debt-to-Equity has ranged from 2.59 to 3.60. According to the industry distribution chart, The Goldmanchs Group ranks #577 out of 610 companies in the Capital Markets industry, placing it in the top 94.6%.
Is The Goldmanchs Group's Debt-to-Equity too high?
The Goldmanchs Group's current Debt-to-Equity of 3.54 is 17% above median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 2.59 to a high of 3.60. The Capital Markets industry median Debt-to-Equity is 0.31. The Goldmanchs Group's value of 3.54 is 1041.9% above this industry median. Based on the distribution chart, The Goldmanchs Group ranks #577 out of 610 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, The Goldmanchs Group has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does The Goldmanchs Group's Debt-to-Equity compare to MS and SCHW?
According to the Capital Markets industry distribution chart, The Goldmanchs Group ranks #577 out of 610 companies for Debt-to-Equity. This places The Goldmanchs Group in the lower half of its industry. The industry median Debt-to-Equity is 0.31. The Goldmanchs Group's value of 3.54 is 1041.9% above this benchmark. Historically, The Goldmanchs Group's own Debt-to-Equity has ranged from 2.59 to 3.60 over the past decade. While the company's 10-year median is 3.02 vs. the industry median of 0.31, The Goldmanchs Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.31, based on 610 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Goldmanchs Group's current Debt-to-Equity of 3.54 is 1041.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on The Goldmanchs Group and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Goldmanchs Group's current Debt-to-Equity is 3.54, which is 17% above median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Goldmanchs Group stock overvalued right now?
The Goldmanchs Group (XSWX:GS) has a current Debt-to-Equity of 3.54. The stock's GF Value™ is CHF554.56, compared to a current price of CHF844.30 — trading 52.2% above its estimated fair value. The current Debt-to-Equity is 3.54, which is 17% above median its 10-year median of 3.02 and 1041.9% above the Capital Markets industry median of 0.31. The Goldmanchs Group's overall GF Score™ is 69/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For The Goldmanchs Group (XSWX:GS), the current Debt-to-Equity is 3.54 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is The Goldmanchs Group (XSWX:GS) Overvalued in 2026?
Based on GuruFocus' analysis, The Goldmanchs Group stock appears to be overvalued.
The current stock price of CHF844.30 is trading 52.2% above its estimated GF Value™ of CHF554.56.
Key valuation signals for XSWX:GS:
Debt-to-Equity: 3.54 (17% above median its 10-year median of 3.02)
GF Value™: CHF554.56 vs. price of CHF844.30 (52.2% above fair value)
Industry Position: 1041.9% above the Capital Markets median (#577 of 610)
No single metric tells the full story. See the XSWX:GS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goldman Sachs is a storied financial institution, founded in 1869 and best known for its role as a leading global investment bank. The firm has a sprawling reach across global financial centers and has been the leading provider of global merger and acquisition advisory services, by revenue, for the past 20 years. Since the global financial crisis, Goldman has expanded its offerings into more stable fee-based businesses like asset and wealth management, which comprised roughly 30% of post-provision revenue at the end of 2025. The firm generates revenue from investment banking, global market making and trading, lending, asset management, wealth management, and a small and declining portfolio of consumer credit card loans.
69GF Score
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