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.
LMND
Lemonade, Inc.
There isn't enough reported data to score LMND 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.
LMND Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| N/A | |
| N/A |
LMND's revenue is currently strong, but its profitability is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like LMND.
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.
LMND PE Valuation
LMND 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.
LMND Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect LMND's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
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 LMND on earnings quality, reporting a profit while its opponent remains loss making.
LMND Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.86 | +$0.53 |
| Q2 2026 | -$1.81 | +$1.02 |
| Q1 2026 | -$1.85 | +$1.19 |
| Q4 2025 | -$2.24 | +$0.61 |
| Q3 2025 | -$2.39 | +$0.64 |
| Q2 2025 | -$2.83 | +$0.13 |
| Q1 2025 | -$3.04 | +$0.08 |
| Q4 2024 | -$2.85 | +$0.55 |
LMND is still losing money, but far less than before: $1.86 per share over the past year, against $4.83 at its worst in late 2022.
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 LMND on profitability, with a higher operating margin.
LMND Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $336.1M | +73% |
| Q2 2026 | $294.4M | +79% |
| Q1 2026 | $258M | +71% |
| Q4 2025 | $228.1M | +53% |
| Q3 2025 | $194.5M | +42% |
| Q2 2025 | $164.1M | +35% |
| Q1 2025 | $151.2M | +27% |
| Q4 2024 | $148.8M | +29% |
LMND has the edge over GS on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -13% | +5.8 points |
| Q2 2026 | -14% | +12 points |
| Q1 2026 | -13% | +27 points |
| Q4 2025 | -9% | +16 points |
| Q3 2025 | -19% | +30 points |
| Q2 2025 | -26% | +19 points |
| Q1 2025 | -41% | -2.7 points |
| Q4 2024 | -25% | +8.9 points |
LMND's operating margin was −13% last quarter, up 5.8 points from the same quarter a year ago, near the top of its range since 2019.
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.
LMND Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.9M | -27% |
| Q2 2026 | -$8M | -335% |
| Q1 2026 | -$4.1M | +$45.4M |
| Q4 2025 | $17.6M | +66% |
| Q3 2025 | $2.6M | -82% |
| Q2 2025 | $3.4M | +$16.6M |
| Q1 2025 | -$49.5M | -$17.2M |
| Q4 2024 | $10.6M | +$29.1M |
LMND 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 LMND 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.
LMND Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.7% | +561K shares |
| 1 year | +4.5% | +3.4M shares |
| 3 years | +11% | +7.8M shares |
| 5 years | +26% | +16M shares |
| Available history | +78% | +33.9M shares |
LMND has 78M diluted shares, up 4.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2020 | — |
| Q4 2019 | — |
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.
LMND Net Leverage
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).
LMND Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.1 | Neutral |
| Stochastic | 9.9 | Oversold |
LMND's weekly RSI is 40 (neutral) and its Stochastic is 10 (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.
LMND PE vs Financial Services Sector
LMND 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 |
GS has the edge over LMND on trend strength, trading above more of its moving averages.
LMND Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $44.1 | 2.5% below |
| 20 week MA | $51.6 | 17% below |
| 50 week MA | $60.0 | 28% below |
| 100 week MA | $51.5 | 17% below |
| 200 week MA | $34.7 | 24% above |
LMND has fallen below most of its moving averages, though it's still 24% 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 the edge over LMND on returns for 2026, with the stronger performance.
LMND Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $69.4 | $125.1 | +80% |
| 2021 | $125.1 | $45.7 | -64% |
| 2022 | $45.7 | $14.4 | -68% |
| 2023 | $14.4 | $16.1 | +12% |
| 2024 | $16.1 | $39.4 | +144% |
| 2025 | $39.4 | $74.7 | +90% |
| 2026 YTD | $74.7 | $43.0 | -42% |
LMND's yearly returns have swung widely, from +144% in 2024 to −68% in 2022. It's down 42% so far in 2026.