Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
The Goldmanchs Group's Sloan Ratio for the quarter that ended in Mar. 2026 was 6.62%.
As of Mar. 2026, The Goldmanchs Group has a Sloan Ratio of 6.62%, indicating the company is in the safe zone and there is no funny business with accruals.
The Goldmanchs Group (XSWX:GS) Sloan Ratio % Explanation
A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.
If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.
If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.
If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.
As of Mar. 2026, The Goldmanchs Group has a Sloan Ratio of 6.62%, indicating the company is in the safe zone and there is no funny business with accruals.
The Goldmanchs Group Sloan Ratio % Related Terms
The Goldmanchs Group Sloan Ratio % Historical Data
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The historical data trend for The Goldmanchs Group's Sloan Ratio % 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: Sloan Ratio % Comparison
For the Capital Markets subindustry, The Goldmanchs Group's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % 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 Sloan Ratio % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, The Goldmanchs Group's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where The Goldmanchs Group's Sloan Ratio % falls into.
Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.
The Goldmanchs Group's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
The Goldmanchs Group's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 3027.544 (Jun. 2025 ) + 3262.418 (Sep. 2025 ) + 3679.287 (Dec. 2025 ) + 4432.499 (Mar. 2026 ) = CHF14,402 Mil.
The Goldmanchs Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 4612.47 (Jun. 2025 ) + 2133.548 (Sep. 2025 ) + -12970.344 (Dec. 2025 ) + -25089.676 (Mar. 2026 ) = CHF-31,314 Mil.
The Goldmanchs Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -9216.809 (Jun. 2025 ) + -4070.459 (Sep. 2025 ) + -4010.798 (Dec. 2025 ) + -44330.501 (Mar. 2026 ) = CHF-61,629 Mil.
* 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 Sloan Ratio % of 6.62% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on The Goldmanchs Group and its competitors.
Is The Goldmanchs Group's Sloan Ratio % too high?
The Goldmanchs Group's current Sloan Ratio % is 6.62%. 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 Sloan Ratio % compare to MS and SCHW?
The Goldmanchs Group's Sloan Ratio % of 6.62% can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Capital Markets company?
A good Sloan Ratio % depends on the Capital Markets industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on The Goldmanchs Group and its competitors. The Goldmanchs Group's current Sloan Ratio % is 6.62%. 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 Sloan Ratio % of 6.62%. The stock's GF Value™ is CHF554.56, compared to a current price of CHF846.40 — trading 52.6% above its estimated fair value. The current Sloan Ratio % is 6.62%. 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 Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For The Goldmanchs Group (XSWX:GS), the current Sloan Ratio % is 6.62% 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 CHF846.40 is trading 52.6% above its estimated GF Value™ of CHF554.56.
Key valuation signals for XSWX:GS:
Sloan Ratio %: 6.62%
GF Value™: CHF554.56 vs. price of CHF846.40 (52.6% above fair value)
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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