GS
The Goldman Sachs Group, Inc.
GS has a slight edge over SSB overall on the model score.
SSB
SouthState Corporation
SSB has slightly lower modeled downside risk, despite its lower overall score.
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.
SSB Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
SSB'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 SSB.
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.
SSB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 10x | $104 | — |
| Cheap | 11x | $100 | -3.8% |
| Current | 11x | $104 | — |
| Fair | 13x | $119 | +14% |
| Expensive | 16x | $154 | +48% |
Historical ranges are pointers, not guarantees.
SSB has the edge over GS in the historical PE scenario, which offers more potential upside but is not a forecast.
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.
SSB Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
SSB has the edge over GS on the outlook, with more favorable valuation expectations.
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 SSB on earnings, with stronger typical year-over-year growth.
SSB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.95 | +5.8% |
| Q3 2026 | $9.40 | +29% |
| Q2 2026 | $9.52 | +42% |
| Q1 2026 | $9.28 | +46% |
| Q4 2025 | $7.87 | +13% |
| Q3 2025 | $7.28 | +12% |
| Q2 2025 | $6.72 | +7.7% |
| Q1 2025 | $6.34 | +3.4% |
| Q4 2024 | $6.97 | +7.9% |
SSB's earnings per share have climbed steadily: $9.40 over the past year, up 29% from the year before, and higher year over year for eight quarters in a row.
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.
SSB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $685.4M | -1.9% |
| Q2 2026 | $672.7M | +1.2% |
| Q1 2026 | $661.7M | +4.9% |
| Q4 2025 | $686.9M | +53% |
| Q3 2025 | $698.8M | +64% |
| Q2 2025 | $664.8M | +56% |
| Q1 2025 | $630.6M | +52% |
| Q4 2024 | $450.3M | +7.3% |
SSB has the edge over GS on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 42% | -3.6 points |
| Q2 2026 | 44% | +2 points |
| Q1 2026 | 44% | +25 points |
| Q4 2025 | 46% | +4.3 points |
| Q3 2025 | 46% | +2.2 points |
| Q2 2025 | 42% | +1.8 points |
| Q1 2025 | 19% | -18 points |
| Q4 2024 | 42% | +9.1 points |
SSB has the edge over GS on profitability, with a higher operating margin.
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.
SSB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $739M | +626% |
| Q2 2026 | $260.3M | +396% |
| Q1 2026 | $283M | +$422M |
| Q4 2025 | $215.5M | -37% |
| Q3 2025 | $101.7M | +$355.9M |
| Q2 2025 | $52.5M | -55% |
| Q1 2025 | -$139.1M | -151% |
| Q4 2024 | $340.9M | +$627.7M |
SSB 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 the edge over SSB 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.
SSB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -248K shares |
| 1 year | -4.2% | -4.3M shares |
| 3 years | +27% | +21M shares |
| 5 years | +36% | +26M shares |
| Available history | +180% | +62.6M shares |
SSB has 97M diluted shares, down 4.2% from a year ago, with $466M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $26.3M |
| Q2 2026 | $98M |
| Q1 2026 | $160.4M |
| Q4 2025 | $181.5M |
| Q3 2025 | $43M |
| Q2 2025 | $97,000 |
| Q1 2025 | $11.2M |
| Q4 2024 | $75,000 |
SSB spent $466M buying back its own shares over the past year, about nine times what it spent 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.
SSB 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).
SSB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.6 | Neutral |
| Stochastic | 47.6 | Neutral |
SSB's weekly RSI is 54 (neutral) and its Stochastic is 48 (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.
SSB PE vs Financial Services Sector
| Metric | SSB | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 15% below |
| PE % | 24 | 63 | 39 pts below |
SSB 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's trend is mixed: it's above three of its five weekly moving averages, and 52% above its 200-week average.
SSB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $103.2 | 1.1% above |
| 20 week MA | $104.5 | 0.1% below |
| 50 week MA | $100.0 | 4.4% above |
| 100 week MA | $97.1 | 7.5% above |
| 200 week MA | $88.8 | 18% above |
SSB has the edge over GS on trend strength, trading above more of its moving averages.
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 finished higher in five of the last six years, two of them by more than 50%. It's up 0.7% so far in 2026.
SSB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $86.8 | $74.0 | -15% |
| 2021 | $74.0 | $79.0 | +6.8% |
| 2022 | $79.0 | $76.8 | -2.9% |
| 2023 | $76.8 | $84.5 | +10% |
| 2024 | $84.5 | $100.6 | +19% |
| 2025 | $100.6 | $95.8 | -4.8% |
| 2026 YTD | $95.8 | $104.4 | +9% |
SSB has the edge over GS on returns for 2026, with the stronger performance.