NYSE: GSGoldman Sachs Group Inc Statistics & Facts
Key Goldman Sachs facts
- Founded
- 1869
- Headquarters
- New York, New York
- Founders
- Marcus Goldman, Samuel Sachs
- IPO Date
- 1999-05-04
Goldman Sachs Asset Statistics
Goldman Sachs Total Assets
How much in assets does Goldman Sachs have?
Goldman Sachs had $1.642 trillion in assets at the end of 2023, up from $1.442 trillion in 2022. [1]
Date: Feb 23, 2024
Goldman Sachs Assets By Segment
What is Goldman Sachs' biggest asset?
Source:Goldman Sachs
Global Banking & Markets
$1.38T
Asset & Wealth Management
$191.86B
Platform Solutions
$68.48B
$1.381 trillion of Goldman Sachs' $1.642 trillion in assets at the end of 2023 were in global banking and markets. [1]
Date: Feb 23, 2024
Goldman Sachs Assets Under Supervision
How much does Goldman Sachs manage in assets?
Goldman Sachs was managing assets worth $2.812 trillion for its clients at the end of 2023, up from $2.547 trillion at the end of 2022. [1]
Date: Feb 23, 2024
Goldman Sachs Revenue Breakdown
Goldman Sachs Revenue by Source
How does Goldman Sachs earn money?
Source:Goldman Sachs
Investment banking
$6.22B
Investment management
$9.53B
Commissions and fees
$3.79B
Market making
$18.24B
Other principal transactions
$18.24B
Goldman Sachs made $3.789 billion from commissions and fees in 2023, down from $4.034 billion in 2022. [1]
Date: Feb 23, 2024
Goldman Sachs Revenue by Region
Where does Goldman Sachs make most of its money?
64% or $29.335 billion of Goldman Sachs' $46.254 billion in 2023 revenue came from the Americas. [1]
Date: Feb 23, 2024
Goldman Sachs Major Acquisitions: What Does Goldman Sachs Own?
Goldman Sachs acquired wealth management firm Folio Financial in 2020. [4]
Date: Sep 18, 2020
Goldman Sachs acquired anti-bot startup White Ops in 2020 [5]
Date: Dec 23, 2020
Goldman Sachs acquired General Motors' credit card business for $2.5 billion in 2020. [6]
Date: Oct 1, 2020
Goldman Sachs acquired 100% control of its Chinese joint venture Goldman Sachs Gao Hua Securities Co. in 2020. [7]
Date: Dec 8, 2020
Goldman Sachs acquired biosolids and residuals solutions provider Synagro Technologies in 2020. [8]
Date: Dec 22, 2020
Goldman Sachs Asset Management acquired Perth Mint Physical Gold ETF in 2020. [9]
Date: Sep 29, 2020
Goldman Sachs acquired registered investment advisor (RIA) United Capital for $750 million in 2019. [10]
Date: May 16, 2019
Goldman Sachs Asset Management acquired Standard & Poor (S&P)'s model portfolio in 2019. [11]
Date: Mar 18, 2019
Goldman Sachs acquired Capital Vision Services, a company that manages a network of optometrists, in 2019. [12]
Date: Jun 3, 2019
Goldman Sachs acquired thermal management and environmental sealing solutions company Boyd Corporation in 2018. [13]
Date: Jul 11, 2018
Goldman Sachs acquired personal finance startup Clarity Money for $100 million in 2018. [14]
Date: Sep 14, 2020
Goldman Sachs Merchant Banking acquired plastics company Transcendia in 2017. [15]
Date: May 31, 2017
Goldman Sachs acquired online deposit platform Capital Bank from General Electric (GE) in 2016. [16]
Date: Apr 18, 2016
Goldman Sachs acquired online retirement savings platform Honest Dollar in 2016. [17]
Date: May 23, 2016
Goldman Sachs Asset Management (GSAM) acquired Pacific Global Advisors (PGA) in 2015. [18]
Date: Apr 23, 2015
Goldman Sachs Capital Partners and CanWest Global acquired Alliance Atlantis for C$2.3 billion (about $1.83 billion) in 2007. [19]
Date: Jan 10, 2007
Goldman Sachs acquired private-label financial website provider Wall Street on Demand (WSOD) in 2006. [20]
Date: Apr 30, 2008
Goldman Sachs acquired finance management company Ayco in 2003. [21]
Date: Apr 15, 2003
Goldman Sachs acquired electronic trading company Hull Group for $531 million in 1999. [22]
Date: Jul 12, 1999
Goldman Sachs Expense Statistics
Goldman Sachs Total Expenses
How much does Goldman Sachs spend on operations?
Goldman Sachs' costs and expenses amounted to $34.487 billion in 2023, up from $31.164 billion in 2022. [1]
Date: Feb 23, 2024
Goldman Sachs Expenses by Segment
Goldman Sachs stats breaking down the company's costs and expenses by business segment.
Source:Goldman Sachs
Global Banking & Markets
$18.04B
Asset & Wealth Management
$13.03B
Platform Solutions
$3.42B
Goldman Sachs spent $13.029 billion within its Asset & Wealth Management segment in 2023, up from $11.55 billion in 2022. [1]
Date: Feb 23, 2024
Goldman Sachs Expenses by Type
Goldman Sachs statistics breaking down the company's annual costs and expenses by type.
Source:Goldman Sachs
Compensation and benefits
$15.50B
Transactions
$5.70B
Market development
$629.00M
Communications and technology
$1.92B
Occupancy
$1.05B
Professional fees
$1.62B
Goldman Sachs spent $15.499 billion on salaries, compensation and benefits in 2023, up from $15.148 billion in 2022. [1]
Date: Feb 23, 2024
Goldman Sachs Lobbying Expenses
How much does Goldman Sachs spend on lobbying?
Goldman Sachs spent $4.69 million on lobbying in 2023, up from $2.36 million in 2022. [23]
Last Accessed: Oct 17, 2024
Goldman Sachs currently has 30 lobbyists. [23]
Last Accessed: Oct 17, 2024
86.67% or 26 of Goldman Sachs' 30 active lobbyists are people that previously worked for the government (persons referred to in the industry as "revolvers"). [23]
Last Accessed: Oct 17, 2024
Goldman Sachs Employee Statistics
Goldman Sachs Employees
How many employees does Goldman Sachs have?
45,300 people worked for Goldman Sachs at the end of 2023, down from 45,300 at the end of 2022. [23]
Date: Feb 23, 2024
Goldman Sachs Employees by Region
Goldman Sachs stats breaking down the employee headcount by regional share.
51% of Goldman Sachs' 45,300 employees at the end of 2023 were based in the Americas. [1]
Date: Feb 23, 2024
Goldman Sachs CEO Salary Comparison
Who is the highest paid bank CEO?
Source:Bloomberg
Goldman Sachs
$27.50M
JPMorgan
$31.50M
Morgan Stanley
$27.00M
Bank of America
$26.50M
Citigroup
$24.00M
Wells Fargo
$23.00M
Goldman Sachs' CEO earned $27.5 million in 2019, lower than JPMorgan CEO's leading $31.5 million. [24]
Date: Jan 21, 2021
Goldman Sachs Miscellaneous Stats & Facts
Goldman Sachs' systems use 1 million computing hours a day to analyze risks. [25]
Date: Feb 28, 2013
Goldman Sachs is one of the biggest public companies that has never had a stock split. [26]
Date: Sep 16, 2017
In 2020, Goldman Sachs announced it would only be handling the IPOs of companies with diverse boards. [27]
Date: Feb 4, 2020
Sources
1.
Goldman Sachs 2023 Annual Report
https://www.goldmansachs.com/investor-relations/financials/10k/2023/2023-10-k.pdfDate: Feb 23, 2024
2.
3.
4.
Goldman Sachs
https://www.goldmansachs.com/media-relations/press-releases/current/announcement-sept-2020.htmlDate: Sep 18, 2020
5.
6.
7.
The Wall Street Journal
https://www.wsj.com/articles/goldman-sachs-moves-to-acquire-100-of-china-securities-joint-venture-11607402421Date: Dec 8, 2020
8.
9.
Goldman Sachs Asset Management
https://www.gsam.com/content/gsam/global/en/about-gsam/news-and-media/2020/Goldman_Sachs_Asset_Management_Announces_Acquisition_of_Perth_Mint_Physical_Gold_ETF.htmlDate: Sep 29, 2020
10.
Goldman Sachs
https://www.goldmansachs.com/media-relations/press-releases/archived/2019/announcement-16-may-2019.htmlDate: May 16, 2019
11.
Goldman Sachs Asset Management
https://www.gsam.com/content/gsam/us/en/individual/about-gsam/news-and-media/2019/GSAM-Acquires_Standard_and_Poors_Investment_Advisory_Services.htmlDate: Mar 18, 2019
12.
13.
15.
Transcendia
https://www.transcendia.com/news-events/transcendia-inc-enters-partnership-merchant-banking-division-goldman-sachsDate: May 31, 2017
16.
Goldman Sachs
https://www.goldmansachs.com/media-relations/press-releases/current/announcement-gs-bank.htmlDate: Apr 18, 2016
17.
Goldman Sachs
https://www.goldmansachs.com/media-relations/press-releases/current/honest-dollar-closing-05-23-16.htmlDate: May 23, 2016
18.
Goldman Sachs Asset Management
https://www.gsam.com/content/gsam/us/en/institutions/about-gsam/news-and-media/2015/gsam-to-acquire-pacific-global-advisors-solutions-business.htmlDate: Apr 23, 2015
19.
Securities and Exchange Commission
https://www.sec.gov/Archives/edgar/data/1003565/000119312507007552/dex1.htmDate: Jan 10, 2007
20.
Securities and Exchange Commission
https://www.sec.gov/Archives/edgar/data/896838/000104746908005246/a2183868z485bpos.txtDate: Apr 30, 2008
21.
Goldman Sachs
https://www.goldmansachs.com/media-relations/press-releases/archived/2003/2003-04-15.htmlDate: Apr 15, 2003
22.
23.
Goldman Sachs 2023 Annual Report
https://www.opensecrets.org/federal-lobbying/clients/lobbyists?cycle=2021&id=d000000085Date: Feb 23, 2024
24.
25.
Goldman Sachs 2012 Annual Report
https://www.goldmansachs.com/s/2012annual/assets/downloads/GS_AR12_AllPages.pdfDate: Feb 28, 2013
26.
The Motley Fool
https://www.fool.com/investing/2017/09/16/will-goldman-sachs-finally-split-its-stock.aspxDate: Sep 16, 2017
27.
Goldman Sachs
https://www.goldmansachs.com/our-commitments/diversity-and-inclusion/launch-with-gs/pages/commitment-to-diversity.htmlDate: Feb 4, 2020
Company
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