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.
NOAH
Noah Holdings Limited
There isn't enough reported data to score NOAH 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.
NOAH Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
NOAH'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 NOAH.
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.
NOAH PE Valuation
NOAH 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.
NOAH Forward outlook
There aren't enough analyst estimates for NOAH 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 edge over NOAH on earnings, with more consistent year-over-year improvement.
NOAH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $6.34 | +4.1% |
| Q1 2026 | $5.72 | +9.2% |
| Q4 2025 | $5.96 | +18% |
| Q3 2025 | $6.99 | +12% |
| Q2 2025 | $6.09 | -17% |
| Q1 2025 | $5.24 | -46% |
| Q4 2024 | $5.07 | -54% |
| Q3 2024 | $6.24 | -38% |
NOAH's earnings per share have fallen from their peak: $6.34 over the past year, against $13.03 in late 2021.
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 NOAH 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 NOAH on profitability, with a higher operating margin.
NOAH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $93M | -1.5% |
| Q1 2026 | $93.9M | +1.8% |
| Q4 2025 | $109.1M | +11% |
| Q3 2025 | $95M | -7.4% |
| Q2 2025 | $94.5M | +2.2% |
| Q1 2025 | $92.2M | -5.4% |
| Q4 2024 | $97.8M | -18% |
| Q3 2024 | $102.6M | -8.8% |
NOAH's revenue fell from its 2021 peak and has held roughly level since: $93M last quarter, down 1.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 35% | +9.2 points |
| Q1 2026 | 38% | +7.5 points |
| Q4 2025 | 35% | +14 points |
| Q3 2025 | 27% | -8.1 points |
| Q2 2025 | 26% | +3.8 points |
| Q1 2025 | 30% | +12 points |
| Q4 2024 | 21% | -6.5 points |
| Q3 2024 | 35% | +2 points |
NOAH's operating margin was 35% last quarter, up 9.2 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 has the edge over NOAH on cash flow, with more consistent year-over-year improvement.
NOAH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | $0 |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | -100% |
NOAH's free cash flow was $0 over the past year, against $0 the year before. Free cash flow isn't a meaningful measure for financial services companies like NOAH.
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 NOAH 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.
NOAH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.5% | -203K shares |
| 1 year | -2% | -275K shares |
| 3 years | -0.8% | -117K shares |
| 5 years | +2% | +271K shares |
| Available history | +11% | +1.4M shares |
NOAH has 14M diluted shares, down 2% from a year ago, with $8M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $7.6M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
NOAH spent $8M buying back its own shares over the past year, after none 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 NOAH on leverage, with a lower net debt burden relative to earnings.
NOAH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -5.0x | Net Cash |
| Q1 2026 | -6.2x | Net Cash |
| Q4 2025 | -6.7x | Net Cash |
| Q3 2025 | -5.8x | Net Cash |
| Q2 2025 | -5.2x | Net Cash |
| Q1 2025 | -5.4x | Net Cash |
| Q4 2024 | -5.2x | Net Cash |
| Q3 2024 | -4.0x | Net Cash |
NOAH has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like NOAH.
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).
NOAH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 21.7 | Oversold |
| Stochastic | 8.4 | Oversold |
NOAH's weekly RSI is 22 (oversold) and its Stochastic is 8 (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.
NOAH PE vs Financial Services Sector
NOAH 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 NOAH on trend strength, trading above more of its moving averages.
NOAH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $7.20 | 8.6% below |
| 20 week MA | $8.09 | 19% below |
| 50 week MA | $9.69 | 32% below |
| 100 week MA | $10.4 | 36% below |
| 200 week MA | $11.7 | 44% below |
NOAH is in a downtrend: it's below all five of its weekly moving averages, and 44% 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 NOAH on returns for 2026, with the stronger performance.
NOAH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $35.5 | $43.6 | +23% |
| 2021 | $43.6 | $30.3 | -31% |
| 2022 | $30.3 | $14.6 | -52% |
| 2023 | $14.6 | $13.8 | -5.2% |
| 2024 | $13.8 | $11.6 | -16% |
| 2025 | $11.6 | $10.0 | -13% |
| 2026 YTD | $10.0 | $6.58 | -34% |
NOAH has finished five years in a row lower, and it's down 34% so far in 2026.