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.
NXG
NXG NextGen Infrastructure Income Fund
There isn't enough reported data to score NXG 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.
NXG Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Unavailable | |
| N/A | |
| N/A |
There isn't enough reported data to rate NXG's fundamentals.
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.
NXG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 1.9x | $46.60 | — |
| Cheap | 3.1x | N/A | N/A |
| Fair | 5x | N/A | N/A |
| Expensive | 16x | N/A | N/A |
Historical ranges are pointers, not guarantees.
NXG's PE is 1.9x, but its earnings don't support one, so it isn't a reliable read right now.
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.
NXG Forward outlook
There aren't enough analyst estimates for NXG 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's earnings per share have climbed steadily: $69.58 over the past year, up 41% from the year before, and higher year over year for 10 quarters in a row. Its recent earnings include one-off gains.
NXG Earnings Per Share
NXG and GS do not have enough comparable growth data to identify a winner.
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's operating margin was 37% last quarter, up 2 points from the same quarter a year ago.
NXG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $6.9M | +343% |
| Q4 2025 | $16.7M | +80% |
| Q2 2025 | $1.5M | -48% |
| Q2 2024 | $3M | -44% |
| Q2 2023 | $5.2M | -29% |
| Q4 2022 | $8.3M | -59% |
| Q2 2022 | $7.4M | -60% |
| Q4 2021 | $20.2M | +250% |
NXG has the edge over GS in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 1543% | +814 points |
| Q4 2025 | 284% | N/A |
| Q2 2025 | -272% | +20 points |
| Q4 2024 | 467% | +413 points |
| Q2 2024 | 729% | +635 points |
| Q2 2023 | -291% | -441 points |
| Q4 2022 | 54% | -278 points |
| Q2 2022 | 95% | N/A |
NXG's operating margin was 1543% last quarter, up 814 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.
NXG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $545.5M | +277% |
| Q4 2025 | $222.2M | +92% |
| Q2 2025 | $144.7M | +1491% |
| Q4 2024 | $115.6M | +1013% |
| Q2 2024 | $9.1M | +83% |
| Q4 2023 | $10.4M | +2.5% |
| Q2 2023 | $5M | -76% |
| Q4 2022 | $10.1M | -80% |
NXG's free cash flow was $1B over the past year, more than ten times what it generated the year before. Free cash flow isn't a meaningful measure for financial services companies like NXG.
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 NXG 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.
NXG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +21% | +1.1M shares |
| 1 year | +145% | +3.9M shares |
| 3 years | +163% | +4M shares |
NXG has 7M diluted shares, up 145% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q4 2025 | — |
| Q2 2025 | — |
| Q4 2024 | — |
| Q2 2024 | — |
| Q4 2023 | — |
| Q2 2023 | — |
| Q4 2022 | — |
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.
NXG 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).
NXG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.4 | Neutral |
| Stochastic | 19.9 | Oversold |
NXG's weekly RSI is 39 (neutral) and its Stochastic is 20 (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.
NXG PE vs Financial Services Sector
| Metric | NXG | Sector median | Relative |
|---|---|---|---|
| PE | 1.9x | 13x | 85% below |
| PE % | 1 | 63 | 62 pts below |
NXG 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 has the edge over NXG on trend strength, trading above more of its moving averages.
NXG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $49.9 | 6.5% below |
| 20 week MA | $55.2 | 16% below |
| 50 week MA | $54.6 | 15% below |
| 100 week MA | $51.1 | 8.8% below |
| 200 week MA | $44.9 | 3.9% above |
NXG has fallen below most of its moving averages, though it's still 3.9% 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 NXG on returns for 2026, with the stronger performance.
NXG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.8 | $36.5 | -33% |
| 2021 | $36.5 | $43.8 | +20% |
| 2022 | $43.8 | $38.7 | -12% |
| 2023 | $38.7 | $35.5 | -8.2% |
| 2024 | $35.5 | $44.0 | +24% |
| 2025 | $44.0 | $50.6 | +15% |
| 2026 YTD | $50.6 | $46.6 | -7.9% |
NXG has finished lower in three of the last six years. It's down 7.9% so far in 2026.