Goldman Sachs
GS
$327.89
Share price
-0.71%
Change (1 day)
8.58%
Change (1 year)
Categories
Operating Margin for Goldman Sachs (GS)
Operating Margin as of September 2023 (TTM): 24.10%
According to Goldman Sachs's latest financial reports and stock price the company's current Operating Margin is 24.10%. At the end of 2022 the company had an Operating Margin of 28.47%.
Operating Margin history for Goldman Sachs from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 28.47% | -37.53% |
| 2021 | 45.58% | 47.62% |
| 2020 | 30.87% | -2.87% |
| 2019 | 31.79% | -14.9% |
| 2018 | 37.35% | -0.91% |
| 2017 | 37.69% | 2.62% |
| 2016 | 36.73% | 30.74% |
| 2015 | 28.09% | -27.8% |
| 2014 | 38.91% | 5.64% |
| 2013 | 36.83% | 3.38% |
| 2012 | 35.63% | 52.17% |
| 2011 | 23.41% | -33.02% |
| 2010 | 34.96% | -24.42% |
| 2009 | 46.25% | 280.6% |
| 2008 | 12.15% | -70.16% |
| 2007 | 40.72% | -0.21% |
| 2006 | 40.81% | 24.49% |
| 2005 | 32.78% | 2.87% |
| 2004 | 31.86% | 14.86% |
| 2003 | 27.74% | 19.27% |
| 2002 | 23.26% | -0.5% |
| 2001 | 23.38% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Bank of America BAC | 33.15% | 37.55% | 🇺🇸 USA |
 JPMorgan Chase JPM | 40.01% | 66.02% | 🇺🇸 USA |
 Citigroup C | 23.30% | -3.32% | 🇺🇸 USA |
 Morgan Stanley MS | 25.37% | 5.27% | 🇺🇸 USA |
 Deutsche Bank DB | 19.08% | -20.83% | 🇩🇪 Germany |
 UBS UBS | 28.86% | 19.75% | 🇨🇭 Switzerland |
 Credit Suisse CS | -22.79% | -194.56% | 🇨🇭 Switzerland |
 Barclays BCS | 31.02% | 28.71% | 🇬🇧 UK |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.