GS
The Goldman Sachs Group, Inc.
GS has the edge over SAMG overall, supported by stronger valuation and stronger fundamentals.
SAMG
Silvercrest Asset Management Group Inc.
SAMG trails on the overall score without a compensating advantage in the available component scores.
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.
SAMG Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| N/A | |
| N/A |
SAMG's revenue and profitability are currently stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like SAMG.
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 has the edge over SAMG in the historical PE scenario, which offers more potential upside but is not a forecast.
SAMG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.3x | $1.11 | -90% |
| Fair | 14x | $1.71 | -85% |
| Expensive | 21x | $2.57 | -77% |
| Current | 93x | $11.17 | — |
Historical ranges are pointers, not guarantees.
SAMG's PE is in its expensive range at 93x.
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.
SAMG Forward outlook
There aren't enough analyst estimates for SAMG 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 SAMG on earnings, with more consistent year-over-year improvement.
SAMG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.12 | -83% |
| Q2 2026 | $0.11 | -88% |
| Q1 2026 | $0.30 | -68% |
| Q4 2025 | $0.53 | -48% |
| Q3 2025 | $0.71 | -11% |
| Q2 2025 | $0.88 | -2.2% |
| Q1 2025 | $0.95 | 0% |
| Q4 2024 | $1.01 | +5.2% |
SAMG's earnings per share have fallen from their peak: $0.12 over the past year, against $2.26 in mid-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 has the edge over SAMG 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 SAMG on profitability, with a higher operating margin.
SAMG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $32.7M | +4.5% |
| Q2 2026 | $30.8M | +0.4% |
| Q1 2026 | $31.4M | 0% |
| Q4 2025 | $32M | 0% |
| Q3 2025 | $31.3M | +2.9% |
| Q2 2025 | $30.7M | -1% |
| Q1 2025 | $31.4M | +3.7% |
| Q4 2024 | $32M | +12% |
SAMG's revenue grew through 2023 and has held roughly level since: $33M last quarter, up 4.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.8% | +1.5 points |
| Q2 2026 | 3.1% | -10 points |
| Q1 2026 | 4% | -11 points |
| Q4 2025 | -2.8% | -8.9 points |
| Q3 2025 | 4.3% | -10 points |
| Q2 2025 | 13% | -4 points |
| Q1 2025 | 15% | -4.1 points |
| Q4 2024 | 6.1% | +9.5 points |
SAMG's operating margin was 5.8% last quarter, up 1.5 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'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.
SAMG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $10.5M | -24% |
| Q2 2026 | $13.4M | +0.5% |
| Q1 2026 | -$31.3M | -$6.2M |
| Q4 2025 | $12.9M | -19% |
| Q2 2025 | $13.4M | -14% |
| Q1 2025 | -$25.1M | -$425K |
| Q4 2024 | $16M | +13% |
| Q2 2024 | $15.6M | +11% |
SAMG 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 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.
SAMG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.7% | +130K shares |
| 1 year | -6.2% | -521K shares |
| 3 years | -16% | -1.5M shares |
| 5 years | -19% | -1.8M shares |
| Available history | -15% | -1.3M shares |
SAMG has the edge over GS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $1.9M |
| Q4 2025 | $7M |
| Q3 2025 | $4.5M |
| Q2 2025 | $15.1M |
| Q1 2025 | $3.9M |
| Q4 2024 | $3.3M |
SAMG spent $9M buying back its own shares over the past year, down 67% 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 the edge over SAMG on leverage, with a lower net debt burden relative to earnings.
SAMG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -3.2x | Net Cash |
| Q2 2026 | -2.2x | Net Cash |
| Q1 2026 | -0.2x | Net Cash |
| Q4 2025 | -3.4x | Net Cash |
| Q3 2025 | -2.2x | Net Cash |
| Q2 2025 | -1.5x | Net Cash |
| Q1 2025 | -1.8x | Net Cash |
| Q1 2024 | -1.7x | Net Cash |
SAMG has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like SAMG.
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).
SAMG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.4 | Neutral |
| Stochastic | 82.3 | Overbought |
SAMG's weekly RSI is 51 (neutral) and its Stochastic is 82 (overbought).
GS PE vs Financial Services Sector
| Metric | GS | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.8% above |
| PE % | 46 | 63 | 17 pts below |
GS has the edge over SAMG on valuation relative to its sector.
SAMG PE vs Financial Services Sector
| Metric | SAMG | Sector median | Relative |
|---|---|---|---|
| PE | 93x | 13x | 615% above |
| PE % | 99 | 63 | 36 pts above |
SAMG is trading at 93x earnings, a 615% premium to the Financial Services sector's median of 13x.
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 SAMG on trend strength, trading above more of its moving averages.
SAMG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.6 | 5.4% above |
| 20 week MA | $10.3 | 8.2% above |
| 50 week MA | $12.4 | 9.8% below |
| 100 week MA | $14.2 | 21% below |
| 200 week MA | $15.7 | 29% below |
SAMG has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 29% 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 SAMG on returns for 2026, with the stronger performance.
SAMG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $12.4 | $14.1 | +14% |
| 2021 | $14.1 | $16.7 | +19% |
| 2022 | $16.7 | $18.2 | +8.9% |
| 2023 | $18.2 | $17.0 | -6.5% |
| 2024 | $17.0 | $18.4 | +8.1% |
| 2025 | $18.4 | $15.2 | -17% |
| 2026 YTD | $15.2 | $11.2 | -27% |
SAMG has finished higher in four of the last six years. It's down 27% so far in 2026.