Goldman Sachs — Earning Quality

EARNING QUALITY

TICKER: [US.GS - Goldman Sachs]
PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]


[-] Accruals Ratio: 0.7% (NI > OCF (slight accruals risk))
[-] Cash Conversion: 32% (> 80% = strong, < 50% = weak)
[-] FCF Conversion: -7% (> 80% = excellent quality)


Metric                Value
---------------------------
Avg Accruals Ratio     0.7%
Avg Cash Conversion     32%
Avg FCF Conversion      -7%
Cash Conv Stability  981.9%


Period       Net Income      OCF      FCF  Accruals  Cash Conv  FCF Conv
------------------------------------------------------------------------
2010 ANNUAL       7.71B   -5.36B   -6.58B      1.4%     -69.5%    -85.4%
2011 ANNUAL       2.51B   22.50B   21.32B     -2.2%     896.5%    849.3%
2012 ANNUAL       7.29B   12.88B   11.92B     -0.6%     176.6%    163.4%
2013 ANNUAL       7.73B    4.54B    3.84B      0.3%      58.8%     49.7%
2014 ANNUAL       8.08B   -7.93B   -8.61B      1.9%     -98.2%   -106.6%
2015 ANNUAL       5.57B    9.48B    7.65B     -0.5%     170.3%    137.4%
2016 ANNUAL       7.09B    6.49B    3.63B      0.1%      91.6%     51.2%
2017 ANNUAL       3.69B  -20.49B  -23.67B      2.6%    -556.0%   -642.4%
2018 ANNUAL       9.86B   16.56B    8.58B     -0.7%     168.0%     87.0%
2019 ANNUAL       7.90B   23.87B   15.43B     -1.6%     302.2%    195.3%
2020 ANNUAL       8.91B  -18.54B  -24.84B      2.4%    -207.9%   -278.7%
2021 ANNUAL      21.15B    6.30B    1.63B      1.0%      29.8%      7.7%
2022 ANNUAL      10.76B    8.71B    4.96B      0.1%      80.9%     46.1%
2023 ANNUAL       7.91B  -12.59B  -14.90B      1.2%    -159.2%   -188.5%
2024 ANNUAL      13.53B  -13.21B  -15.30B      1.6%     -97.7%   -113.1%
2025 ANNUAL      16.30B  -45.15B  -47.22B      3.4%    -277.0%   -289.7%