Close Menu
    Facebook X (Twitter) Instagram
    • About Us
    • Privacy Policy
    • Write For Us
    • Cookie Policy
    • Terms and Conditions
    Facebook X (Twitter) Instagram
    CompaniesHistory.com – The largest companies and brands in the world
    • Who Owns
    • AI
    • Business
      • Finance
    • Technology
      • Crypto
      • Software
      • Biotech
    • iGaming
    • Others
      • Real Estate
      • FMCG
      • Logistics
      • Lifestyle
    • Blog
    • Contact Us
    CompaniesHistory.com – The largest companies and brands in the world
    Home»Finance»Goldman Sachs Group Competitors, Marketcap, Revenue, Net Worth 2026

    Goldman Sachs Group Competitors, Marketcap, Revenue, Net Worth 2026

    DariusBy DariusJanuary 28, 2014Updated:February 9, 2026No Comments6 Mins Read
    Goldman Sachs Group, Inc. logo
    Goldman Sachs Group, Inc. logo
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Key Stats

    • Founded: 1869 in New York City
    • 2024 Revenue: $53.51 billion
    • Employees (2024): 46,500
    • Market Cap (Feb 2026): $284 billion
    • Headquarters: New York City, United States

    The Goldman Sachs Group, Inc. operates as a global investment banking, securities, and investment management company. The firm provides services across investment banking, securities underwriting, prime brokerage, asset management, and wealth management. Goldman Sachs serves corporations, financial institutions, governments, and individuals worldwide.

    Goldman Sachs ranks among the largest investment banks globally by revenue and holds the 55th position on the Fortune 500 list. The company trades on the New York Stock Exchange under the ticker symbol GS. Today, Goldman Sachs operates through two primary segments: Global Banking and Markets, and Asset and Wealth Management.

    Goldman Sachs History

    1869
    Marcus Goldman founded the firm in New York City in a one-room basement office next to a coal chute. He began as a commercial paper dealer for local merchants.
    1882
    Samuel Sachs, Goldman’s son-in-law, joined the firm and helped expand operations.
    1896
    Goldman Sachs joined the New York Stock Exchange, marking its entry into securities trading.
    1906
    The firm entered the IPO market by taking Sears, Roebuck and Company public, launching its investment banking business.
    1956
    Goldman Sachs served as lead advisor on the Ford Motor Company IPO, a major coup on Wall Street at the time.
    1986
    The firm formed Goldman Sachs Asset Management (GSAM) and underwrote the Microsoft IPO.
    1999
    Goldman Sachs went public through an IPO, ending decades of debate among partners about the transition from private partnership.
    2008
    During the financial crisis, Goldman converted to a bank holding company, qualifying for TARP funds and Federal Reserve emergency programs.
    2016
    Goldman Sachs launched Marcus, its direct-to-consumer digital banking platform offering savings accounts and personal loans.

    Goldman Sachs Co-founders

    Marcus Goldman

    German-born immigrant who founded the firm in 1869 as a commercial paper dealer. He built the business by purchasing promissory notes from merchants and reselling them to commercial banks in New York.

    Samuel Sachs

    Joined as Goldman’s son-in-law in 1882 and helped transform the company into a full-service banking operation. The firm adopted the name Goldman Sachs and Co. in 1885.

    Goldman Sachs Revenue

    Goldman Sachs generated $53.51 billion in net revenues for fiscal year 2024, a 16% increase from the previous year. The company’s earnings per share grew 77% to $40.54.

    Global Banking and Markets produced $34.94 billion in net revenues during 2024, driven by record performances in Equities and strong results in investment banking fees and FICC (Fixed Income, Currencies, and Commodities).

    Goldman Sachs Annual Revenue (2015-2024, in billions USD)
    $39.2B
    2015
    $37.9B
    2016
    $42.8B
    2017
    $52.4B
    2018
    $53.9B
    2019
    $44.6B
    2020
    $59.3B
    2021
    $47.4B
    2022
    $46.3B
    2023
    $53.5B
    2024

    Goldman Sachs Marketcap

    Goldman Sachs maintains a market capitalization of approximately $284 billion as of February 2026. The company’s stock price reached an all-time high of $975.86 in January 2026.

    The bank’s valuation has grown at a compound annual growth rate of 11.15% over the past decade, outperforming many competitors in the financial sector.

    Goldman Sachs Year-End Market Cap (2015-2024, in billions USD)
    $79B
    2015
    $92B
    2016
    $92B
    2017
    $84B
    2018
    $73B
    2019
    $71B
    2020
    $136B
    2021
    $110B
    2022
    $125B
    2023
    $180B
    2024

    Goldman Sachs Acquisitions

    Goldman Sachs has pursued strategic acquisitions throughout its history to expand capabilities and enter new markets. The 1981 acquisition of J. Aron and Company, a commodities trading firm, merged with the Fixed Income division to form Fixed Income, Currencies, and Commodities (FICC). Current CEO Lloyd Blankfein joined the firm through this transaction.

    In 1999, Goldman acquired Hull Trading Company for $531 million to strengthen its electronic trading capabilities. The 2000 purchase of Spear, Leeds, and Kellogg for $6.3 billion added one of the largest specialist firms on the New York Stock Exchange to its operations.

    Under CEO David Solomon’s leadership, Goldman expanded into consumer finance. The firm acquired Clarity Money in 2018, a personal finance app that became part of the Marcus platform. In 2019, Goldman purchased United Capital Financial Advisers for $750 million, its largest acquisition in nearly two decades at that time.

    Goldman announced its acquisition of GreenSky in September 2021 for approximately $2.24 billion (closing at $1.73 billion in March 2022). The fintech platform provided home improvement financing and aligned with the Marcus consumer banking strategy. However, Goldman later sold GreenSky to a Sixth Street-led consortium in early 2024 as part of a strategic retreat from consumer banking.

    Other notable acquisitions include NN Investment Partners, a European asset manager acquired in 2022, and NextCapital Group, a digital retirement advice provider. Goldman has also made investments through its Asset Management division in companies like Ally Financial and various technology startups. The firm’s acquisition strategy now focuses primarily on strengthening its core investment banking and wealth management franchises.

    Goldman Sachs Competitors

    Goldman Sachs competes against major investment banks and financial institutions across investment banking, trading, and asset management. JPMorgan Chase leads the industry with approximately $127 billion in 2023 revenue, compared to Goldman’s $46 billion. Morgan Stanley competes directly in wealth management, now managing over $5 trillion in client assets.

    The competitive landscape also includes Capital One Financial in consumer banking and Discover Financial Services in credit card operations, though Goldman primarily focuses on institutional clients and high-net-worth individuals.

    Competitor Headquarters Primary Business
    JPMorgan Chase New York, USA Investment Banking, Commercial Banking
    Morgan Stanley New York, USA Investment Banking, Wealth Management
    Bank of America Charlotte, USA Commercial Banking, Investment Banking
    Citigroup New York, USA Global Banking, Consumer Banking
    UBS Zurich, Switzerland Wealth Management, Investment Banking
    Deutsche Bank Frankfurt, Germany Investment Banking, Asset Management
    Barclays London, UK Investment Banking, Consumer Banking
    Credit Suisse (now UBS) Zurich, Switzerland Investment Banking, Private Banking
    BNP Paribas Paris, France Commercial Banking, Investment Banking
    HSBC London, UK Commercial Banking, Wealth Management

    FAQs

    When was Goldman Sachs founded?

    Marcus Goldman founded Goldman Sachs in 1869 in New York City. Samuel Sachs joined in 1882, and the firm adopted its current name in 1885.

    Who is the current CEO of Goldman Sachs?

    David Solomon serves as Chairman and CEO of Goldman Sachs. He assumed the role in October 2018, succeeding Lloyd Blankfein.

    When did Goldman Sachs go public?

    Goldman Sachs went public through an IPO in May 1999. The firm traded on the NYSE under the ticker symbol GS at an initial offering price of $53 per share.

    What is Goldman Sachs market cap?

    Goldman Sachs has a market capitalization of approximately $284 billion as of February 2026. The valuation fluctuates with stock price movements.

    How many employees does Goldman Sachs have?

    Goldman Sachs employs approximately 46,500 people worldwide as of December 2024. The workforce increased 2.65% from the previous year.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Darius
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    I've spent over a decade researching and documenting the stories behind the world's most influential companies. What started as a personal fascination with how businesses evolve from small startups to global giants turned into CompaniesHistory.com—a platform dedicated to making corporate history accessible to everyone.

    Related Posts

    First Bank of Nigeria

    June 1, 2023

    Indian Bank

    October 25, 2022

    abrdn plc Marketcap, Net Worth, Revenue, Competitors 2026

    September 21, 2022

    Korea Investment Holdings (KIH)

    September 6, 2022
    CompaniesHistory.com – The largest companies and brands in the world
    Facebook X (Twitter) Instagram YouTube LinkedIn
    • About Us
    • Privacy Policy
    • Write For Us
    • Cookie Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.