GS
The Goldman Sachs Group, Inc.
GS's fundamentals are strong: revenue grew 19% and its operating margin rose 4 points to 40%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
JONE
Jones Ventures Intl Acquisition1
There isn't enough reported data to score JONE yet.
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.
JONE Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| N/A | |
| N/A |
JONE's profitability is currently weak. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like JONE.
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.
JONE PE Valuation
JONE has no meaningful PE right now: it lost money over the past year.
GS Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for GS, with profitability improving. However, they disagree widely on these estimates.
JONE Forward outlook
There aren't enough analyst estimates for JONE to show an outlook.
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 stronger earnings trend. Trailing diluted EPS is up 41% for GS versus JONE down 129%.
JONE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2018 | -$1.25 | +$3.04 |
| Q1 2018 | -$3.01 | +$0.92 |
| Q4 2017 | -$2.75 | +$0.50 |
| Q3 2017 | -$4.71 | -$2.79 |
| Q2 2017 | -$4.29 | -$3.54 |
| Q1 2017 | -$3.93 | -$3.12 |
| Q4 2016 | -$3.25 | -$1.94 |
| Q3 2016 | -$1.92 | -264% |
JONE lost $1.25 per share over the past year, a smaller loss than the year before.
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 stronger quarterly revenue trend. Revenue is up 23% for GS versus down 100% for JONE.
| 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's operating margin was 37% last quarter, up 2 points from the same quarter a year ago.
JONE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2018 | $53.9M | -1.1% |
| Q3 2018 | $59.7M | +35% |
| Q2 2018 | $65.3M | +34% |
| Q1 2018 | $57.5M | +39% |
| Q4 2017 | $54.5M | +38% |
| Q3 2017 | $44.2M | +33% |
| Q2 2017 | $48.6M | +67% |
| Q1 2017 | $41.2M | +59% |
JONE's revenue has slid since its 2014 peak: $0 last quarter, down 100% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2018 | -2506% | -2494 points |
| Q3 2018 | -11% | +13 points |
| Q2 2018 | -7.5% | +376 points |
| Q1 2018 | -15% | +18 points |
| Q4 2017 | -12% | +46 points |
| Q3 2017 | -24% | +38 points |
| Q2 2017 | -383% | -292 points |
| Q1 2017 | -33% | +99 points |
JONE's operating margin was −2506% last quarter, down 2494 points from the same quarter a year ago, near the bottom of its range since 2013.
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 |
JONE has the stronger cash trend. Its trailing FCF is down 103% versus its history, compared with GS at down 278%.
JONE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2018 | $18.8M | +7% |
| Q3 2018 | -$1.8M | -109% |
| Q2 2018 | $7.2M | -6.1% |
| Q1 2018 | $39.6M | +195% |
| Q4 2017 | $17.6M | +65% |
| Q3 2017 | $19.8M | +127% |
| Q2 2017 | $7.7M | -29% |
| Q1 2017 | $13.4M | +$18.1M |
JONE's free cash flow was −$2M over the past year, against $84M the year before. Free cash flow isn't a meaningful measure for financial services companies like JONE.
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 JONE 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.
JONE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.3% | +1.2M shares |
| 1 year | +44% | +28.3M shares |
| 3 years | +299% | +69.1M shares |
JONE has 92M diluted shares, up 44% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | $35.2M |
| Q4 2018 | $35.2M |
| Q3 2018 | $54.4M |
| Q2 2018 | $83M |
| Q1 2018 | $231.1M |
| Q4 2017 | $14M |
| Q3 2017 | $776,000 |
| Q2 2017 | $2.5M |
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 more cash than debt. Net leverage isn't a meaningful measure for financial services companies like GS.
JONE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2018 | 7.6x | High |
| Q2 2018 | 8.7x | High |
| Q1 2017 | 20.6x | High |
| Q4 2016 | 9.2x | High |
| Q3 2016 | 4.2x | High |
| Q2 2016 | 2.9x | Moderate |
| Q1 2016 | 2.7x | Moderate |
| Q4 2015 | 3.4x | Elevated |
JONE's net debt is about 7.6 years of its operating earnings (EBITDA), up from 4.2 years a year ago. Net leverage isn't a meaningful measure for financial services companies like JONE.
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).
JONE Weekly Momentum
As of the close on Nov 12, 2026: $9.84.
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.
JONE PE vs Financial Services Sector
JONE has no meaningful PE right now: it lost money over the past year.
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 |
JONE has stronger trend alignment. GS is above 3 of 5 weekly averages versus JONE above 1 of 1.
JONE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.83 | 0.1% above |
JONE is in an uptrend: it's above all one of its weekly moving averages, and 0.1% above its 8-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 the edge over JONE on returns for 2026, with the stronger performance.
JONE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2026 YTD | $9.82 | $9.84 | +0.2% |
It's roughly flat so far in 2026.