The Goldmanchs Group (FRA:GOS0) ROE %: 18.30% (As of Mar. 2026) — 82% Above Median


FRA:GOS0 The Goldman Sachs Group Inc FRA:GOS0
69 GF Score
Price €31.80
GF Value €19.79
Valuation Significantly Overvalued
! 9 Warning Signs
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What is The Goldmanchs Group ROE %?

The Goldmanchs Group FRA:GOS0 -4.22% 69 ROE % is 18.30% as of Mar. 2026, which is 82% above its 10-year median of 10.04. GuruFocus rates FRA:GOS0 with a GF Score™ of 69/100 and a GF Value™ of €19.79 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 791 Capital Markets companies, The Goldmanchs Group ranks better than 72.82% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. The Goldmanchs Group's annualized net income for the quarter that ended in Mar. 2026 was €19,480 Mil. The Goldmanchs Group's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €106,466 Mil. Therefore, The Goldmanchs Group's annualized ROE % for the quarter that ended in Mar. 2026 was 18.30%.

The historical rank and industry rank for The Goldmanchs Group's ROE % or its related term are showing as below:

FRA:GOS0' s ROE % Range Over the Past 10 Years
Min: 5.07   Med: 10.04   Max: 21.02
Current: 14.56

During the past 13 years, The Goldmanchs Group's highest ROE % was 21.02%. The lowest was 5.07%. And the median was 10.04%.

FRA:GOS0's ROE % is ranked better than
72.82% of 791 companies
in the Capital Markets industry
Industry Median: 6 vs FRA:GOS0: 14.56

The Goldmanchs Group  (FRA:GOS0) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=19479.8/106466.259
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(19479.8 / 59605.42)*(59605.42 / 1663607.49)*(1663607.49 / 106466.259)
=Net Margin %*Asset Turnover*Equity Multiplier
=32.68 %*0.0358*15.6257
=ROA %*Equity Multiplier
=1.17 %*15.6257
=18.30 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=19479.8/106466.259
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (19479.8 / 22441.56) * (22441.56 / 59605.42) * (59605.42 / 1663607.49) * (1663607.49 / 106466.259)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.868 * 37.65 % * 0.0358 * 15.6257
=18.30 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


The Goldmanchs Group ROE % Related Terms


The Goldmanchs Group ROE % Historical Data

* Premium members only.

The historical data trend for The Goldmanchs Group's ROE % 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.

The Goldmanchs Group ROE % Chart

The Goldmanchs Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.74 10.23 7.17 12.19 13.14

The Goldmanchs Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.15 11.60 13.08 14.83 18.30

FRA:GOS0 vs MS, SCHW, HOOD: ROE % Comparison

For the Capital Markets subindustry, The Goldmanchs Group's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Goldmanchs Group's ROE % distribution charts can be found below:

* The bar in red indicates where The Goldmanchs Group's ROE % falls into.


FRA:GOS0
69GF Score
The Goldman Sachs Group Inc FRA:GOS0
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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The Goldmanchs Group ROE % Calculation

The Goldmanchs Group's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=14668.304/( (116506.18+106726.088)/ 2 )
=14668.304/111616.134
=13.14 %

The Goldmanchs Group's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=19479.8/( (106726.088+106206.43)/ 2 )
=19479.8/106466.259
=18.30 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 18.30% mean?
The Goldmanchs Group (FRA:GOS0) has a ROE % of 18.30% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on The Goldmanchs Group and its competitors. This is 82% above median its historical median of 10.04. Over the past decade, The Goldmanchs Group's ROE % has ranged from 5.07 to 21.02. According to the industry distribution chart, The Goldmanchs Group ranks #215 out of 791 companies in the Capital Markets industry, placing it in the top 27.2%.
Is The Goldmanchs Group's ROE % too high?
The Goldmanchs Group's current ROE % of 18.30% is 82% above median its 10-year median of 10.04. Over the past 10 years, this metric has ranged from a low of 5.07 to a high of 21.02. The Capital Markets industry median ROE % is 6.00. The Goldmanchs Group's value of 18.30% is 205% above this industry median. Based on the distribution chart, The Goldmanchs Group ranks #215 out of 791 companies in the Capital Markets industry, which is above the industry midpoint. Overall, The Goldmanchs Group has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Goldmanchs Group's ROE % compare to MS and SCHW?
According to the Capital Markets industry distribution chart, The Goldmanchs Group ranks #215 out of 791 companies for ROE %. This puts The Goldmanchs Group in the upper half of its industry. The industry median ROE % is 6.00. The Goldmanchs Group's value of 18.30% is 205% above this benchmark. Historically, The Goldmanchs Group's own ROE % has ranged from 5.07 to 21.02 over the past decade. While the company's 10-year median is 10.04 vs. the industry median of 6.00, 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 ROE % for a Capital Markets company?
The median ROE % among Capital Markets companies is 6.00, based on 791 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Goldmanchs Group's current ROE % of 18.30% is 205% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on The Goldmanchs Group and its competitors. For the Capital Markets industry, the median ROE % is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Goldmanchs Group's current ROE % is 18.30%, which is 82% above median its own 10-year median of 10.04. 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?
Based on GuruFocus' analysis, The Goldmanchs Group (FRA:GOS0) is currently considered Significantly Overvalued. The stock's GF Value™ is €19.79, compared to a current price of €31.80 — trading 60.7% above its estimated fair value. The current ROE % is 18.30%, which is 82% above median its 10-year median of 10.04 and 205% above the Capital Markets industry median of 6.00. The Goldmanchs Group's overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For The Goldmanchs Group (FRA:GOS0), the current ROE % is 18.30% 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 (FRA:GOS0) Overvalued in 2026?

Based on GuruFocus' analysis, The Goldmanchs Group stock appears to be overvalued. The current stock price of €31.80 is trading 60.7% above its estimated GF Value™ of €19.79. GuruFocus considers The Goldmanchs Group to be Significantly Overvalued.

Key valuation signals for FRA:GOS0:

  • ROE %: 18.30% (82% above median its 10-year median of 10.04)
  • GF Value™: €19.79 vs. price of €31.80 (60.7% above fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 205% above the Capital Markets median (#215 of 791)

No single metric tells the full story. See the FRA:GOS0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Goldmanchs Group Business Description

Address 200 West Street, New York, NY, USA, 10282
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

Get the complete analysis for FRA:GOS0

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€31.80
Price
€19.79
GF Value