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.
MHNC
Maiden Holdings North America, Ltd.
There isn't enough reported data to score MHNC 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.
MHNC Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Under pressure | |
| N/A | |
| N/A |
MHNC's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like MHNC.
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.
MHNC PE Valuation
MHNC 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.
MHNC Forward outlook
There aren't enough analyst estimates for MHNC 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 MHNC down 142%.
MHNC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q1 2025 | -$0.11 | +$0.15 |
| Q4 2024 | -$0.01 | +$0.37 |
| Q3 2024 | -$0.65 | +$0.33 |
| Q2 2024 | -$0.33 | +$0.71 |
| Q1 2024 | -$0.26 | +$0.46 |
| Q4 2023 | -$0.38 | +$0.25 |
| Q3 2023 | -$0.98 | -333% |
| Q2 2023 | -$1.04 | -317% |
MHNC is still losing money, but far less than before: $0.11 per share over the past year, against $7.60 at its worst in mid-2019.
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 51% for MHNC.
| 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.
MHNC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2025 | $14M | -51% |
| Q3 2024 | $14.5M | -33% |
| Q2 2024 | $20.5M | -10% |
| Q1 2024 | $28.9M | +48% |
| Q4 2023 | $25.2M | +160% |
| Q3 2023 | $21.8M | +23% |
| Q2 2023 | $22.8M | +10% |
| Q1 2023 | $19.5M | +94% |
MHNC's revenue has slid since its 2018 peak: $14M last quarter, down 51% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q1 2025 | -42% | -45 points |
| Q3 2024 | -243% | -217 points |
| Q2 2024 | -54% | -19 points |
| Q1 2024 | 3% | +61 points |
| Q4 2023 | -84% | +471 points |
| Q3 2023 | -26% | +18 points |
| Q2 2023 | -35% | -51 points |
| Q1 2023 | -58% | -39 points |
MHNC's operating margin was −42% last quarter, up 42 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 |
MHNC has the stronger cash trend. Its trailing FCF is up 114% versus its history, compared with GS at down 278%.
MHNC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2025 | -$21.1M | -362% |
| Q4 2024 | $102M | +1540% |
| Q3 2024 | -$3.8M | -$1.5M |
| Q2 2024 | -$23.4M | +$19.9M |
| Q1 2024 | $8M | +$28.4M |
| Q4 2023 | $6.2M | +$102.3M |
| Q3 2023 | -$2.3M | +$8.7M |
| Q2 2023 | -$43.3M | -$30.6M |
MHNC's free cash flow was $54M over the past year, against −$31M the year before. Free cash flow isn't a meaningful measure for financial services companies like MHNC.
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 MHNC 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.
MHNC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -782K shares |
| 1 year | -1.3% | -1.3M shares |
| 3 years | +15% | +12.6M shares |
| 5 years | +19% | +16.1M shares |
| Available history | +19% | +16M shares |
MHNC has 99M diluted shares, down 1.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2025 | — |
| Q4 2024 | $1.2M |
| Q3 2024 | $641,000 |
| Q2 2024 | $1.8M |
| Q1 2024 | $673,000 |
| Q4 2023 | $1M |
| Q3 2023 | $1.1M |
| Q2 2023 | $533,000 |
MHNC spent $4M buying back its own shares over the past year, up 10% 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 more cash than debt. Net leverage isn't a meaningful measure for financial services companies like GS.
MHNC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2022 | 41.8x | High |
| Q2 2022 | 18.0x | High |
| Q1 2022 | 13.8x | High |
| Q4 2021 | 8.4x | High |
| Q3 2021 | 7.9x | High |
| Q2 2021 | 6.2x | High |
| Q1 2021 | 4.5x | High |
| Q4 2020 | 3.6x | Elevated |
MHNC's net debt is more than 20 years of its operating earnings (EBITDA), up from 7.9 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MHNC.
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).
MHNC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.9 | Neutral |
| Stochastic | 28.3 | Neutral |
MHNC's weekly RSI is 38 (neutral) and its Stochastic is 28 (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.
MHNC PE vs Financial Services Sector
| Metric | MHNC | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
MHNC 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 MHNC on trend strength, trading above more of its moving averages.
MHNC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.6 | 0% above |
| 20 week MA | $11.3 | 5.9% below |
| 50 week MA | $13.0 | 18% below |
| 100 week MA | $15.0 | 29% below |
| 200 week MA | $16.4 | 35% below |
MHNC is in a downtrend: it's below all five of its weekly moving averages, and 35% below 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 MHNC on returns for 2026, with the stronger performance.
MHNC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $22.2 | $22.2 | -0.1% |
| 2021 | $22.2 | $22.6 | +2% |
| 2022 | $22.6 | $18.4 | -19% |
| 2023 | $18.4 | $19.0 | +3.3% |
| 2024 | $19.0 | $17.0 | -11% |
| 2025 | $17.0 | $15.8 | -7.4% |
| 2026 YTD | $15.8 | $10.6 | -33% |
MHNC has finished lower in four of the last six years. It's down 33% so far in 2026.