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.
OSG
Octave Specialty Group, Inc.
There isn't enough reported data to score OSG 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.
OSG Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| N/A | |
| N/A |
OSG'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 OSG.
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.
OSG PE Valuation
OSG has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 11x next year's earnings.
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.
OSG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect OSG to return to profit, with revenue growing.
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 OSG on earnings quality, reporting a profit while its opponent remains loss making.
OSG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.48 | — |
| Q3 2026 | -$1.59 | +$14.92 |
| Q2 2026 | -$3.63 | +$11.16 |
| Q1 2026 | -$4.84 | +$8.43 |
| Q4 2025 | -$5.93 | +$5.69 |
| Q3 2025 | -$16.51 | -$16.08 |
| Q2 2025 | -$14.79 | -1019% |
| Q1 2025 | -$13.27 | -1090% |
| Q4 2024 | -$11.62 | -6556% |
OSG is still losing money, but far less than before: $1.59 per share over the past year, against $16.51 at its worst in late 2025.
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 OSG 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 OSG on profitability, with a higher operating margin.
OSG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $85.3M | +28% |
| Q2 2026 | $83M | +51% |
| Q1 2026 | $104.2M | +66% |
| Q3 2025 | $66.6M | -42% |
| Q2 2025 | $55M | -48% |
| Q1 2025 | $62.8M | -39% |
| Q3 2024 | $114M | +54% |
| Q2 2024 | $105M | +69% |
OSG's revenue is recovering but still below its 2022 peak: $85M last quarter, up 28% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -16% | +33 points |
| Q2 2026 | -14% | +28 points |
| Q1 2026 | -3.2% | +21 points |
| Q4 2025 | -46% | N/A |
| Q3 2025 | -48% | -25 points |
| Q2 2025 | -42% | -44 points |
| Q1 2025 | -24% | -49 points |
| Q3 2024 | -24% | -116 points |
OSG's operating margin was −16% last quarter, up 32 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 |
OSG has the stronger cash trend. Its trailing FCF is down 101% versus its history, compared with GS at down 278%.
OSG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$10.2M | -576% |
| Q1 2026 | -$10.1M | +$2.5M |
| Q4 2025 | -$666K | +$26.6M |
| Q1 2025 | -$12.6M | -170% |
| Q4 2024 | -$27.2M | -131% |
| Q1 2024 | $18M | -77% |
| Q4 2023 | $88M | -93% |
| Q3 2023 | $11M | -77% |
OSG's free cash flow was −$2M over the past year, against −$20M the year before. Free cash flow isn't a meaningful measure for financial services companies like OSG.
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 301M diluted shares, down 4.4% from a year ago, with $15B in buybacks over the past year.
| 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.
OSG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +28.8K shares |
| 1 year | -5.6% | -2.7M shares |
| 3 years | -3% | -1.4M shares |
| 5 years | -3.5% | -1.6M shares |
| Available history | -0.3% | -158K shares |
OSG has the edge over GS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q4 2024 | $11.7M |
| Q1 2020 | $3M |
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.
OSG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2024 | 20.4x | High |
| Q2 2024 | 4.2x | High |
| Q1 2024 | 4.7x | High |
| Q4 2023 | 11.7x | High |
| Q3 2023 | 2.0x | Moderate |
| Q2 2023 | 0.9x | Very low |
| Q1 2023 | 0.9x | Very low |
| Q4 2022 | 1.1x | Healthy |
OSG's net debt is more than 20 years of its operating earnings (EBITDA), up from 2.0 years a year ago. Net leverage isn't a meaningful measure for financial services companies like OSG.
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).
OSG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.2 | Neutral |
| Stochastic | 59.9 | Neutral |
OSG's weekly RSI is 49 (neutral) and its Stochastic is 60 (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.
OSG PE vs Financial Services Sector
| Metric | OSG | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
OSG 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 OSG on trend strength, trading above more of its moving averages.
OSG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.74 | 7.4% above |
| 20 week MA | $5.04 | 1% above |
| 50 week MA | $5.52 | 7.8% below |
| 100 week MA | $7.22 | 30% below |
| 200 week MA | $10.7 | 52% below |
OSG has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 52% 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 OSG on returns for 2026, with the stronger performance.
OSG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.6 | $16.7 | -23% |
| 2021 | $16.7 | $15.5 | -7.4% |
| 2022 | $15.5 | $16.7 | +7.6% |
| 2023 | $16.7 | $16.5 | -1% |
| 2024 | $16.5 | $12.3 | -25% |
| 2025 | $12.3 | $8.00 | -35% |
| 2026 YTD | $8.00 | $5.09 | -36% |
OSG has finished three years in a row lower, and it's down 36% so far in 2026.