EBITDA for Goldman Sachs (GS)
According to Goldman Sachs's latest reported financial statements, the company's current EBITDA (TTM) is $24.94B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$24.94B
YoY change
+15.6%
5Y CAGR
+10.8%
Peak year (2021)
$29.06B
Cumulative EBITDA
$340.48B
EBITDA history chart for Goldman Sachs (GS) from 1999 to 2025
EBITDA history table for Goldman Sachs (GS) from 1999 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $24.03B | +15.6% | ||
| 2024 | $20.79B | +33.3% | ||
| 2023 | $15.60B | -2.2% | ||
| 2022 | $15.94B | -45.1% | ||
| 2021 | $29.06B | +102.1% | ||
| 2020 | $14.38B | +17.0% | ||
| 2019 | $12.29B | -11.0% | ||
| 2018 | $13.81B | +12.4% | ||
| 2017 | $12.28B | +8.7% | ||
| 2016 | $11.30B | +15.7% | ||
| 2015 | $9.77B | -28.7% | ||
| 2014 | $13.69B | +4.9% | ||
| 2013 | $13.06B | +0.9% | ||
| 2012 | $12.95B | +61.0% | ||
| 2011 | $8.04B | -45.7% | ||
| 2010 | $14.80B | -32.0% | ||
| 2009 | $21.77B | +449.7% | ||
| 2008 | $3.96B | -78.9% | ||
| 2007 | $18.77B | +20.7% | ||
| 2006 | $15.55B | +70.4% | ||
| 2005 | $9.13B | +21.4% | ||
| 2004 | $7.52B | +34.5% | ||
| 2003 | $5.59B | +39.9% | ||
| 2002 | $4.00B | -12.5% | ||
| 2001 | $4.57B | -17.0% | ||
| 2000 | $5.51B | +136.4% | ||
| 1999 | $2.33B | — |
EBITDA values are taken from Goldman Sachs's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual EBITDA for Goldman Sachs (GS) came in at $24.03B – grew 15.6% year-over-year.
Across 2020–2025 (5 years), Goldman Sachs EBITDA produced a CAGR of +10.8% – sustaining 2 straight years of year-over-year growth.
Between 2021 and 2025, Goldman Sachs EBITDA declined 17.3%, falling from $29.06B to $24.03B.
The highest annual EBITDA of $29.06B was reported in 2021. The lowest in the available history was $2.33B in 1999.
Among 8 Financial Services peers, Goldman Sachs (GS) ranks 7th; the peer median for EBITDA is $27.98B.
Goldman Sachs EBITDA by Year
Goldman Sachs EBITDA 2025: $24.03B
Goldman Sachs EBITDA in 2025 was $24.03B, grew 15.6% from 2024.
Goldman Sachs EBITDA 2024: $20.79B
Goldman Sachs EBITDA in 2024 was $20.79B, surged 33.3% from 2023.
Goldman Sachs EBITDA 2023: $15.60B
Goldman Sachs EBITDA in 2023 was $15.60B, edged down 2.2% below 2022.
Goldman Sachs EBITDA 2022: $15.94B
Goldman Sachs EBITDA in 2022 was $15.94B, plunged 45.1% below 2021.
Goldman Sachs EBITDA 2021: $29.06B
Goldman Sachs EBITDA in 2021 was $29.06B.
See more financial history for Goldman Sachs (GS).
Sector peers — EBITDA
Companies in the same sector as Goldman Sachs, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $81.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $73.02B | Financial Services |
| Bank of America Corporation (BAC) | $40.01B | Financial Services |
| Wells Fargo & Company (WFC) | $29.35B | Financial Services |
| Morgan Stanley (MS) | $26.61B | Financial Services |
| Visa Inc. (V) | $26.00B | Financial Services |
| Citigroup Inc. (C) | $23.10B | Financial Services |
| Mastercard Incorporated (MA) | $20.19B | Financial Services |
Frequently asked questions
What is Goldman Sachs's EBITDA?
- Latest reported EBITDA for Goldman Sachs (GS) is $24.94B (period ending March 31, 2026).
How has Goldman Sachs EBITDA changed year-over-year?
- Goldman Sachs (GS) EBITDA changed +15.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Goldman Sachs EBITDA?
- Goldman Sachs (GS) EBITDA compound annual growth rate is +10.8% over the most recent 5 years available.
When did Goldman Sachs EBITDA hit its highest annual value?
- Goldman Sachs EBITDA reached its highest annual value of $29.06B in 2021.
What was Goldman Sachs EBITDA in 2024?
- Goldman Sachs (GS) EBITDA in 2024 was $20.79B.
What was Goldman Sachs EBITDA in 2025?
- Goldman Sachs (GS) EBITDA in 2025 was $24.03B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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