GS
The Goldman Sachs Group, Inc.
GS has the edge over HRTG overall, supported by lower modeled downside and stronger modeled upside.
HRTG
Heritage Insurance Holdings, Inc.
HRTG offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
GS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
GS's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like GS.
HRTG Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
HRTG's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like HRTG.
GS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.6x | $528 | -42% |
| Current | 13x | $914 | — |
| Forward | 13x | $914 | — |
| Fair | 14x | $940 | +2.9% |
| Expensive | 17x | $1,214 | +33% |
Historical ranges are pointers, not guarantees.
GS's PE is 13x, but its earnings don't support one, so it isn't a reliable read right now.
HRTG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 4.7x | $33.51 | 0% |
| Current | 4.7x | $33.50 | — |
| Fair | 6.7x | $47.72 | +42% |
| Forward | 7.1x | $33.50 | — |
| Expensive | 13x | $91.25 | +172% |
Historical ranges are pointers, not guarantees.
HRTG has the edge over GS in the historical PE scenario, which offers more potential upside but is not a forecast.
GS Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
GS has the edge over HRTG on the outlook, with more favorable valuation and earnings expectations.
HRTG Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Decline | |
| Stable | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect HRTG's earnings and profitability to decline, with its revenue holding steady.
GS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $72.35 | +4% |
| Q3 2026 | $69.58 | +41% |
| Q2 2026 | $64.82 | +43% |
| Q1 2026 | $54.75 | +27% |
| Q4 2025 | $51.32 | +27% |
| Q3 2025 | $49.22 | +44% |
| Q2 2025 | $45.37 | +45% |
| Q1 2025 | $43.08 | +68% |
| Q4 2024 | $40.54 | +77% |
GS's earnings per share have climbed steadily: $69.58 over the past year, up 41% from the year before, and higher year over year for 10 quarters in a row. Its recent earnings include one-off gains.
HRTG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.72 | -34% |
| Q3 2026 | $7.11 | +47% |
| Q2 2026 | $7.02 | +102% |
| Q1 2026 | $6.52 | +158% |
| Q4 2025 | $6.32 | +214% |
| Q3 2025 | $4.83 | +93% |
| Q2 2025 | $3.47 | +78% |
| Q1 2025 | $2.53 | +54% |
| Q4 2024 | $2.01 | +17% |
HRTG has the edge over GS on earnings, with stronger typical year-over-year growth.
GS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $18.7B | +23% |
| Q2 2026 | $20.3B | +39% |
| Q1 2026 | $17.2B | +14% |
| Q4 2025 | $13.5B | -3% |
| Q3 2025 | $15.2B | +20% |
| Q2 2025 | $14.6B | +15% |
| Q1 2025 | $15.1B | +6% |
| Q4 2024 | $13.9B | +23% |
GS's revenue is growing: $18.7B last quarter, up 23% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 37% | +2 points |
| Q2 2026 | 42% | +8.1 points |
| Q1 2026 | 38% | +0.2 points |
| Q4 2025 | 44% | +5.6 points |
| Q3 2025 | 36% | +4.1 points |
| Q2 2025 | 34% | +3.2 points |
| Q1 2025 | 37% | +0.6 points |
| Q4 2024 | 38% | +18 points |
GS has the edge over HRTG on profitability, with a higher operating margin.
HRTG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $219.2M | +3.2% |
| Q2 2026 | $214.2M | +3% |
| Q1 2026 | $212.7M | +0.5% |
| Q4 2025 | $215.3M | +2.4% |
| Q3 2025 | $212.5M | +0.3% |
| Q2 2025 | $208M | +2.2% |
| Q1 2025 | $211.5M | +11% |
| Q4 2024 | $210.3M | +12% |
HRTG's revenue has grown year over year for 16 quarters in a row: $219M last quarter, up 3.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 32% | -1.5 points |
| Q2 2026 | 39% | +8 points |
| Q1 2026 | 24% | +3.8 points |
| Q4 2025 | 42% | +27 points |
| Q3 2025 | 33% | +28 points |
| Q2 2025 | 31% | +18 points |
| Q1 2025 | 20% | +8.2 points |
| Q4 2024 | 15% | -4.3 points |
HRTG's operating margin was 32% last quarter, down 1.5 points from the same quarter a year ago.
GS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +72% |
| Q2 2026 | $5.6B | +7.8% |
| Q1 2026 | -$32.4B | +$5.3B |
| Q4 2025 | -$16.8B | -136% |
| Q3 2025 | $2.1B | +$40.6B |
| Q2 2025 | $5.2B | -6.8% |
| Q1 2025 | -$37.7B | -$9.2B |
| Q4 2024 | $46.2B | +$75.1B |
GS's free cash flow was −$40B over the past year, against $15.8B the year before. Free cash flow isn't a meaningful measure for financial services companies like GS.
HRTG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $9.5M | -92% |
| Q2 2026 | $141M | +238% |
| Q1 2026 | $23M | +$24.3M |
| Q4 2025 | $10.9M | +$69.6M |
| Q3 2025 | $122.7M | +$139.1M |
| Q2 2025 | $41.8M | -72% |
| Q1 2025 | -$1.3M | -131% |
| Q4 2024 | -$58.6M | -160% |
HRTG has the edge over GS on cash generation, producing positive trailing cash flow while its opponent burns cash.
GS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -3.8M shares |
| 1 year | -4.4% | -13.9M shares |
| 3 years | -12% | -42.8M shares |
| 5 years | -15% | -52.8M shares |
| Available history | -20% | -74.4M shares |
GS has the edge over HRTG on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3B |
| Q2 2026 | $4B |
| Q1 2026 | $5B |
| Q4 2025 | $3B |
| Q3 2025 | $2B |
| Q2 2025 | $3B |
| Q1 2025 | $4.4B |
| Q4 2024 | $2B |
GS spent $15B buying back its own shares over the past year, up 32% from the year before.
HRTG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -292K shares |
| 1 year | -4% | -1.2M shares |
| 3 years | +12% | +3.1M shares |
| 5 years | +6.6% | +1.8M shares |
| Available history | +1.9% | +552K shares |
HRTG has 30M diluted shares, down 4% from a year ago, with $26M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.7M |
| Q2 2026 | $14.6M |
| Q1 2026 | $10M |
| Q4 2025 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
HRTG spent $26M buying back its own shares over the past year.
GS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.4x | Net Cash |
| Q2 2026 | -6.1x | Net Cash |
| Q1 2026 | -6.7x | Net Cash |
| Q4 2025 | -6.4x | Net Cash |
| Q3 2025 | -3.5x | Net Cash |
| Q2 2025 | -3.1x | Net Cash |
| Q1 2025 | -3.9x | Net Cash |
| Q4 2024 | -4.7x | Net Cash |
GS has the edge over HRTG on leverage, with a lower net debt burden relative to earnings.
HRTG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.5x | Net Cash |
| Q2 2026 | -1.7x | Net Cash |
| Q1 2026 | -1.6x | Net Cash |
| Q4 2025 | -1.8x | Net Cash |
| Q3 2025 | -2.2x | Net Cash |
| Q2 2025 | -2.4x | Net Cash |
| Q1 2025 | -2.7x | Net Cash |
| Q4 2024 | -3.3x | Net Cash |
HRTG has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like HRTG.
GS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.5 | Neutral |
| Stochastic | 16.3 | Oversold |
GS's weekly RSI is 45 (neutral) and its Stochastic is 16 (oversold).
HRTG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.9 | Neutral |
| Stochastic | 50.1 | Neutral |
HRTG's weekly RSI is 57 (neutral) and its Stochastic is 50 (neutral).
GS PE vs Financial Services Sector
| Metric | GS | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.8% above |
| PE % | 46 | 63 | 17 pts below |
GS is trading at 13x earnings, in line with the Financial Services sector's median of 13x, though its earnings don't support one.
HRTG PE vs Financial Services Sector
| Metric | HRTG | Sector median | Relative |
|---|---|---|---|
| PE | 4.7x | 13x | 64% below |
| PE % | 16 | 63 | 47 pts below |
HRTG has the edge over GS on valuation relative to its sector.
GS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $895.5 | 2% above |
| 20 week MA | $977.4 | 6.5% below |
| 50 week MA | $945.4 | 3.4% below |
| 100 week MA | $804.5 | 14% above |
| 200 week MA | $602.7 | 52% above |
GS's trend is mixed: it's above three of its five weekly moving averages, and 52% above its 200-week average.
HRTG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $34.6 | 3.3% below |
| 20 week MA | $32.7 | 2.5% above |
| 50 week MA | $28.6 | 17% above |
| 100 week MA | $24.3 | 38% above |
| 200 week MA | $15.8 | 113% above |
HRTG has the edge over GS on trend strength, trading above more of its moving averages.
GS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $230.7 | $256.2 | +11% |
| 2021 | $256.2 | $385.0 | +50% |
| 2022 | $385.0 | $345.5 | -10% |
| 2023 | $345.5 | $385.8 | +12% |
| 2024 | $385.8 | $576.2 | +49% |
| 2025 | $576.2 | $907.0 | +57% |
| 2026 YTD | $907.0 | $913.6 | +0.7% |
GS has finished higher in five of the last six years, two of them by more than 50%. It's up 0.7% so far in 2026.
HRTG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.4 | $10.1 | -24% |
| 2021 | $10.1 | $5.91 | -42% |
| 2022 | $5.91 | $1.85 | -69% |
| 2023 | $1.85 | $6.52 | +252% |
| 2024 | $6.52 | $12.1 | +85% |
| 2025 | $12.1 | $29.0 | +141% |
| 2026 YTD | $29.0 | $33.5 | +16% |
HRTG has the edge over GS on returns for 2026, with the stronger performance.