Short answer
Goldman Sachs Group (GS) filed its fiscal 2024 10-K annual report with the SEC on Feb 27, 2025. It reported revenue of $53.5B (+15.7% year over year) and net income of $14.3B.
- Top risk flagged: Regulatory risk from ongoing compliance with multi-jurisdictional laws, rules, and regulations monitored by Compliance Risk Management Program
FY2024 key financial metrics · XBRL
- Revenue
- $53.5B
- +15.7% YoY
- Net income
- $14.3B
- +67.6% YoY
- EPS (diluted)
- $40.54
- +77.3% YoY
- ROE
- 11.7%
- +4.4 pp YoY
- Operating cash flow
- −$13.2B
- −5.0% YoY
Source: XBRL data from the Goldman Sachs Group (GS) FY2024 10-K on SEC EDGAR. USD.
Goldman Sachs Group FY2024 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business: Global investment banking, securities, and investment management services
- No new products, services, or segments highlighted in this year's filing
- Insider trading policy formalized and filed as Exhibit 19.1, emphasizing regulatory compliance and governance
- Equity compensation plans include 18.3M RSUs outstanding and 55.7M shares available for future issuance under stock incentive plan
- No outstanding stock options as of December 31, 2024, with RSUs net of tax withholding as sole equity awards
Management Discussion & Analysis
- No direct revenue or profitability data disclosed in this MD&A section; focus is on market and credit risk management
- Market risk average daily VaR $92M in 2024 vs $99M in 2023; period-end VaR $91M vs $93M; declines driven by interest rate risk decrease, offset by equity and currency risk increase
- Credit exposure slightly decreased; cash and equivalents credit exposure down to $167.3B from $224.5B; loans and commitments up to $484.3B from $436.2B
- Corporate loans and commitments grew to $192.5B from $180.3B, with non-investment grade portion at 42% of corporate exposure
- No explicit cash flow, capital allocation, or forward-looking guidance included in this risk-focused MD&A excerpt
Risk Factors
- Regulatory risk from ongoing compliance with multi-jurisdictional laws, rules, and regulations monitored by Compliance Risk Management Program
- Reputational risk from potential negative publicity causing revenue reduction or costly litigation, overseen by Firmwide Reputational Risk Committee
- Operational risk in conflict of interest resolution across Global Banking & Markets and investment activities involving multiple oversight committees
- Legal risk from regulatory examinations, audits, and inquiries requiring responses coordinated by Compliance and legal teams
- Organizational risk from reliance on chief legal officer and head of Conflicts Resolution for conflict management and compliance oversight
Generated from the filing text; verify against the original. How to read a 10-K
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