Goldman Sachs Group (GS) FY2024 10-K Annual Report

Filed: Feb 27, 2025
Financials
Security Brokers, Dealers & Flotation CompaniesSEC EDGAR

Goldman Sachs Group (GS) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 27, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Goldman Sachs Group FY2024 10-K Analysis

Business Overview

  • Core business: Global investment banking, securities, and investment management services
  • No new products, services, or segments highlighted in this year's filing
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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
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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
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Goldman Sachs Group FY2024 Key Financial Metrics
XBRL

Revenue

$53.5B

+15.7% YoY

Net Income

$14.3B

+67.6% YoY

Net Margin

26.7%

+827bp YoY

ROE

11.7%

+442bp YoY

Total Assets

$1.68T

+2.1% YoY

EPS (Diluted)

$40.54

+77.3% YoY

Operating Cash Flow

-$13.2B

-5.0% YoY

Source: XBRL data from Goldman Sachs Group FY2024 10-K filing on SEC EDGAR. All figures in USD.

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