GS
The Goldman Sachs Group, Inc.
GS has the edge over IFS overall, supported by stronger fundamentals and lower modeled downside.
IFS
Intercorp Financial Services Inc.
IFS trails on the overall score without a compensating advantage in the available component scores.
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.
IFS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
IFS'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 IFS.
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.
IFS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.5x | $35.81 | -30% |
| Fair | 8.4x | $46.57 | -9.3% |
| Current | 9.3x | $51.36 | — |
| Expensive | 12x | $67.13 | +31% |
Historical ranges are pointers, not guarantees.
IFS 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 IFS on the outlook, with more favorable profitability expectations.
IFS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Strong growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for IFS, but weaker profitability.
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 has the edge over IFS on earnings, with more consistent year-over-year improvement.
IFS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $5.52 | +12% |
| Q1 2026 | $5.49 | +33% |
| Q4 2025 | $5.06 | +51% |
| Q3 2025 | $5.10 | +81% |
| Q2 2023 | $4.08 | +8.2% |
| Q1 2023 | $3.88 | -9.6% |
| Q4 2022 | $4.22 | -8.5% |
| Q3 2022 | $3.93 | -20% |
IFS earned $5.52 per share over the past year, up 12% from the year before. Its recent earnings include one-off gains.
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 has the edge over IFS on sales, with more consistent year-over-year improvement.
| 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 IFS on profitability, with a higher operating margin.
IFS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $710.7M | -26% |
| Q1 2026 | $899.1M | +32% |
| Q4 2025 | $374.5M | -44% |
| Q3 2025 | $641.3M | -1.9% |
| Q2 2025 | $956.4M | +44% |
| Q1 2025 | $680.6M | +12% |
| Q4 2024 | $668.2M | -1.8% |
| Q3 2024 | $653.5M | -0.2% |
IFS's revenue has slid since its 2025 peak: $711M last quarter, down 26% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 29% | +7.7 points |
| Q1 2026 | 25% | +1.1 points |
| Q4 2025 | 48% | +21 points |
| Q3 2025 | 26% | +5.2 points |
| Q2 2025 | 21% | +5.1 points |
| Q1 2025 | 24% | +15 points |
| Q4 2024 | 28% | +15 points |
| Q3 2024 | 21% | +9.5 points |
IFS's operating margin was 29% last quarter, up 7.7 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.
IFS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $795.8M | +531% |
| Q1 2026 | -$63.9M | +$74.7M |
| Q4 2025 | $769M | +$1.1B |
| Q3 2025 | -$373.3M | -160% |
| Q2 2025 | $126.2M | +$383.2M |
| Q1 2025 | -$138.5M | -119% |
| Q4 2024 | -$341.8M | -$190M |
| Q3 2024 | $622.2M | +179% |
IFS 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 IFS 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.
IFS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -205K shares |
| 1 year | -1.3% | -1.4M shares |
| 3 years | -3.9% | -4.5M shares |
| 5 years | -3.9% | -4.5M shares |
| Available history | -4% | -4.6M shares |
IFS has 111M diluted shares, down 1.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | $31.5M |
| Q1 2026 | $453,026 |
| Q4 2025 | $10.7M |
| Q3 2025 | $8.1M |
| Q2 2025 | $16.7M |
| Q1 2025 | $41.6M |
| Q4 2024 | $34.6M |
| Q3 2024 | $1.3M |
IFS spent $51M buying back its own shares over the past year, down 46% from the year before.
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 IFS on leverage, with a lower net debt burden relative to earnings.
IFS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -0.5x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | 0.1x | Very low |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | 2.5x | Moderate |
| Q4 2024 | -0.2x | Net Cash |
| Q3 2024 | -1.1x | Net Cash |
IFS has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like IFS.
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).
IFS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.1 | Neutral |
| Stochastic | 14.0 | Oversold |
IFS's weekly RSI is 48 (neutral) and its Stochastic is 14 (oversold).
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.
IFS PE vs Financial Services Sector
| Metric | IFS | Sector median | Relative |
|---|---|---|---|
| PE | 9.3x | 13x | 29% below |
| PE % | 61 | 63 | 2 pts below |
IFS 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.
IFS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $51.8 | 0.9% below |
| 20 week MA | $55.0 | 6.6% below |
| 50 week MA | $50.4 | 1.9% above |
| 100 week MA | $43.1 | 19% above |
| 200 week MA | $33.3 | 54% above |
IFS has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 54% above its 200-week average.
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.
IFS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $40.7 | $30.0 | -26% |
| 2021 | $30.0 | $25.5 | -15% |
| 2022 | $25.5 | $23.3 | -8.6% |
| 2023 | $23.3 | $22.0 | -5.9% |
| 2024 | $22.0 | $29.1 | +32% |
| 2025 | $29.1 | $42.9 | +48% |
| 2026 YTD | $42.9 | $51.4 | +20% |
IFS has the edge over GS on returns for 2026, with the stronger performance.