Goldman Sachs Reports Full Year 2024 and Fourth Quarter Results

NEW YORK, January 15, 2025 – The Goldman Sachs Group, Inc. (NYSE: GS) today reported net revenue of $53.51 billion and net income of $14.28 billion for the fiscal year ended December 31 2024. Net revenue was $13.87 billion and net profit was $4.11 billion for the fourth quarter. of 2024.

Diluted earnings per common share (EPS) were $40.54 for 2024 and $11.95 for the fourth quarter of 2024. Average return on equity (ROE) was 12.7% for 2024 and ROE annualized was 14.6% for the fourth quarter of 2024.

Please view printable versions of Full Year and Fourth Quarter 2024 Results (PDF) and Full Year and Fourth Quarter 2024 Results Presentation (PDF).

David Solomon, Chairman and CEO of Goldman Sachs, said: “We are very pleased with our strong results for the quarter and year. I am encouraged that we have met or exceeded almost every goal we set out in our company growth strategy five years ago and, as a result, we have both grown our revenues by nearly by 50% and improved the sustainability of our franchise. With an improving operating environment and growing CEO confidence, we are harnessing the power of One Goldman Sachs to continue to serve our clients with excellence and create greater value for our shareholders.

Goldman Sachs also provided an update on the progress of the company’s streamlined strategy, while outlining key goals for 2025 and beyond. These include:

• Leverage One Goldman Sachs to serve our clients with excellence;
• Managing world-class, differentiated and sustainable businesses; And
• Invest to operate at scale.

A conference call to discuss the Company’s financial results and outlook and provide an update on progress will take place at 9:30 a.m. ET. The call will be open to the public.

Members of the public who wish to listen to the conference call should dial +1-800-289-0459 (within the United States) and +1-323-794-2095 (outside the United States) with the code number access 7042022. The number must be dialed at least 10 minutes before the start of the conference call. The conference call will also be available as an audio webcast via the Investor Relations section of the website, www.goldmansachs.com/investor-relations. There is no charge to access the call. For those who cannot listen to the live broadcast, a replay will be available on our website approximately three hours after the event.

Please direct any questions regarding access to the conference call to Goldman Sachs Investor Relations by email to gs-investor-relations@gs.com.