GOLDMAN SACHS GROUP INC (GS) — Moat, Quality & Fair Value

GOLDMAN SACHS GROUP INC (GS) has a Narrow economic moat and a quality score of 45/100. It operates in the Financials sector.

Industry: Brokers & Investment Banks · Financials

Market share (2025): 15.1% of Investment banks & advisers · 3.8% of Wealth managers in the US (Wealth management) · 2.7% of Traditional asset managers (Asset management)

Theme: Wealth & retirement (partial)

Economic moat: Narrow. Its competitive advantage is anchored in Intangible Assets, and Switching Costs. A narrow moat indicates meaningful but less durable advantages. Learn more about how we classify moats in our guide to economic moats.

Quality score: 45/100. This score combines seven weighted pillars — returns on capital, margin strength, cash generation, financial health, durability, management, and moat & position. See how the quality score works.

Fair value: Our base owner-earnings estimate is $1037.18 (range $138.12–$1936.24). At $882.24, GS trades a 15% discount to its estimated fair value — near fair value. Read how we calculate fair value.

Management: Buy the Management. Our management grade evaluates capital allocation, shareholder returns, compensation, dilution, buyback timing, and insider ownership.

Explore the full interactive analysis for GS below — including the price & fair-value chart, financial statements, and the complete management evaluation. New to the framework? Start with the MoatScope guide.