Net margin is calculated as Net Income divided by its Revenue. The Goldmanchs Group's Net Income for the
three
months ended in Dec. 2023 was $2,008 Mil. The Goldmanchs Group's Revenue for the
three
months ended in Dec. 2023 was $11,318 Mil. Therefore, The Goldmanchs Group's net margin for the quarter that ended in Dec. 2023 was 17.74%.
The historical rank and industry rank for The Goldmanchs Group's Net Margin % or its related term are showing as below:
GS'
s Net Margin % Range Over the Past 10 Years
Min: 14.41 Med: 23.48 Max: 36.46
Current: 19.51
GS's Net Margin % is ranked better than 58.56% of 777
companies
in the Capital Markets industry
Industry Median: 13.33
vs GS: 19.51
The Goldmanchs Group Net Margin % Historical Data
The historical data trend for The Goldmanchs Group's Net Margin % 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.
For the Capital Markets subindustry, The Goldmanchs Group's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution
For the Capital Markets industry and Financial Services sector, The Goldmanchs Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where The Goldmanchs Group's Net Margin % falls into.
The Goldmanchs Group Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
The Goldmanchs Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (NYSE:GS) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
The Goldmanchs Group Net Margin % Related Terms
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The Goldmanchs Group (The Goldmanchs Group) Business Description
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
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