GSGoldman Sachs
Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. 10-K, Item 1
- Headquarters
- New York, NY
- CEO
- David M. Solomon
- Next results
- around Jan 7, 2027
Dilution: new shares, stock pay and buybacks
prospectuses (S-3, 424B) of the last three years and the 10-K cash flow From EDGARShares offered
Since Nov 11, 2023: 2 shelf registrations; also 2 notes offerings.
- Feb 13, 2025 Shelf registration: shares and other securities, amount not fixed S-3/A
- Jan 28, 2025 Shelf registration: shares and other securities, amount not fixed S-3
Every offering filing →“The Securities We Are Offering We may offer any of the following securities from time to time: debt securities; warrants; purchase contracts; units, comprised of one or more debt securities, warrants, purchase contracts, shares of preferred stock and depositary shares described in this prospectus, as well as debt or equity securities of third parties, in any combination; preferred stock, either directly or …”
S-3/A, Feb 13, 2025 ↗
Diluted shares: 317.60M in the year to Dec 31, 2025 2025 -4.8%2024 -3.5%2023 -3.4%2022 +0.6%
Change in the diluted weighted average share count from the fiscal year before, stock splits taken out. Bars use one scale for stock pay and buybacks. Prospectuses are read from their cover page; preliminary ones are left out. Cash & buybacks, year by year → · How
No cash flow chart for banks and insurers: their operating cash flow moves with loans, deposits and trading, so it says little about how cash was spent.
| Fiscal year to | Buybacks | Dividends | Stock pay | Shares issued for cash | Diluted shares |
|---|---|---|---|---|---|
| 2025-12-31 | $12.4B | $5.3B | $3.4B | - | 317.60M |
| 2024-12-31 | $8.0B | $4.5B | $2.7B | - | 333.60M |
| 2023-12-31 | $5.8B | $4.2B | $2.1B | - | 345.80M |
| 2022-12-31 | $3.5B | $3.7B | $4.1B | - | 358.10M |
| 2021-12-31 | $5.2B | $2.7B | $2.3B | - | 355.80M |
From the XBRL of the 10-Ks (cash flow statement and diluted weighted average shares); each year as reported in the latest 10-K that includes it. Concepts: buybacks = PaymentsForRepurchaseOfCommonStock; dividends = PaymentsOfDividends; sbc = ShareBasedCompensation; diluted_shares = WeightedAverageNumberOfDilutedSharesOutstanding.
Price paid per share
What GS paid on average for each share it bought back, each fiscal year: dollars spent divided by shares bought, both from the 10-K.
| Fiscal year to | Shares bought | Spent | Average price | |
|---|---|---|---|---|
| 2025-12-31 | 18.90M | $12.4B | $653.97 | |
| 2024-12-31 | 17.50M | $8.0B | $457.14 | |
| 2023-12-31 | 16.80M | $5.8B | $345.00 | |
| 2022-12-31 | 10.10M | $3.5B | $346.53 | |
| 2021-12-31 | 15.30M | $5.2B | $339.87 | |
| 2020-12-31 | 8.20M | $1.9B | $235.12 | |
| 2019-12-31 | 25.80M | $5.3B | $206.78 | |
| 2018-12-31 | 13.90M | $3.3B | $236.98 | |
| 2017-12-31 | 29.00M | $6.7B | $231.76 | |
| 2016-12-31 | 36.60M | $6.1B | $165.82 |
Shares and dollars from the statement of shareholders' equity (the cash flow line also counts shares withheld for taxes, so it is not used). Share counts filed before a stock split are put on today's count. A year where the 10-K does not tag both numbers is left out.
Work on GS in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/GS/export.csv") into a cell.