Latest period
$2.13B
YoY change
-1.3%
5Y CAGR
-20.0%
Peak year (2019)
$8.44B
Cumulative CapEx
$67.67B
CapEx history chart for Goldman Sachs (GS) from 1999 to 2025
Latest: $2.06B
CapEx growth chart for Goldman Sachs (GS) from 1999 to 2025
Latest: -1.3%
CapEx history table for Goldman Sachs (GS) from 1999 to 2025
| 2025 | $2.06B | -1.3% | −$27.00M | ||
| 2024 | $2.09B | -9.7% | −$225.00M | ||
| 2023 | $2.32B | -38.2% | −$1.43B | ||
| 2022 | $3.75B | -19.7% | −$919.00M | ||
| 2021 | $4.67B | -26.0% | −$1.64B | ||
| 2020 | $6.31B | -25.3% | −$2.13B | ||
| 2019 | $8.44B | +5.8% | +$461.00M | ||
| 2018 | $7.98B | +150.6% | +$4.80B | ||
| 2017 | $3.19B | +10.7% | +$309.00M | ||
| 2016 | $2.88B | +56.9% | +$1.04B | ||
| 2015 | $1.83B | +170.4% | +$1.16B | ||
| 2014 | $678.00M | -4.0% | −$28.00M | ||
| 2013 | $706.00M | -26.5% | −$255.00M | ||
| 2012 | $961.00M | -18.8% | −$223.00M | ||
| 2011 | $1.18B | -3.5% | −$43.00M | ||
| 2010 | $1.23B | -21.1% | −$329.00M | ||
| 2009 | $1.56B | -23.2% | −$471.00M | ||
| 2008 | $2.03B | -4.8% | −$103.00M | ||
| 2007 | $2.13B | +22.1% | +$386.00M | ||
| 2006 | $1.74B | +22.7% | +$323.00M | ||
| 2005 | $1.42B | +133.7% | +$813.00M | ||
| 2004 | $608.00M | +2.7% | +$16.00M | ||
| 2003 | $592.00M | -41.3% | −$416.00M | ||
| 2002 | $1.01B | -26.4% | −$362.00M | ||
| 2001 | $1.37B | -61.3% | −$2.17B | ||
| 2000 | $3.54B | +319.9% | +$2.70B | ||
| 1999 | $843.00M | — | — |
- 2025$2.06B-1.3%
- 2024$2.09B-9.7%
- 2023$2.32B-38.2%
- 2022$3.75B-19.7%
- 2021$4.67B-26.0%
- 2020$6.31B-25.3%
- 2019$8.44B+5.8%
- 2018$7.98B+150.6%
- 2017$3.19B+10.7%
- 2016$2.88B+56.9%
- 2015$1.83B+170.4%
- 2014$678.00M-4.0%
- 2013$706.00M-26.5%
- 2012$961.00M-18.8%
- 2011$1.18B-3.5%
- 2010$1.23B-21.1%
- 2009$1.56B-23.2%
- 2008$2.03B-4.8%
- 2007$2.13B+22.1%
- 2006$1.74B+22.7%
- 2005$1.42B+133.7%
- 2004$608.00M+2.7%
- 2003$592.00M-41.3%
- 2002$1.01B-26.4%
- 2001$1.37B-61.3%
- 2000$3.54B+319.9%
- 1999$843.00M—
CapEx values are taken from Goldman Sachs's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Goldman Sachs (GS)
According to Goldman Sachs's latest reported financial statements, the company's current CapEx (TTM) is $2.13B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Goldman Sachs (GS) reported CapEx of $2.06B – edged down 1.3% year-over-year.
Across 2020–2025 (5 years), Goldman Sachs CapEx produced a CAGR of -20.0% – with a net decline across the window.
Between 2019 and 2025, Goldman Sachs CapEx plunged 75.6%, falling from $8.44B to $2.06B.
2019 marks the peak CapEx at $8.44B, with the historical low of $592.00M recorded in 2003.
Goldman Sachs Capital Expenditures by Year
Goldman Sachs Capital Expenditures 2025: $2.06B
Goldman Sachs CapEx in 2025 was $2.06B, edged down 1.3% below 2024.
Goldman Sachs Capital Expenditures 2024: $2.09B
2024's CapEx for Goldman Sachs came in at $2.09B, declined 9.7% below 2023.
Goldman Sachs Capital Expenditures 2023: $2.32B
Goldman Sachs posted CapEx of $2.32B in 2023, plunged 38.2% below 2022.
Goldman Sachs Capital Expenditures 2022: $3.75B
In 2022, Goldman Sachs reported CapEx of $3.75B, declined 19.7% below 2021.
Goldman Sachs Capital Expenditures 2021: $4.67B
Goldman Sachs CapEx in 2021 was $4.67B.
See more financial history for Goldman Sachs (GS).
Sector peers by CapEx
Financial Services peers of Goldman Sachs (GS), ranked by their latest CapEx
| $20.93B | |
| $6.52B | |
| $2.90B | |
| $1.48B | |
| $489.00M | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $20.93B
- $6.52B
- $2.90B
- $1.48B
- $489.00M
- $0.00
- $0.00
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