NEW YORK, January 15, 2025 – The Goldman Sachs Group, Inc. (NYSE: GS) today reported net revenues of $53.51 billion and net earnings of $14.28 billion for the year ended December 31, 2024. Net revenues were $13.87 billion and net earnings were $4.11 billion for the fourth quarter of 2024.
Diluted earnings per common share (EPS) was $40.54 for 2024 and was $11.95 for the fourth quarter of 2024. Return on average common shareholders’ equity (ROE) was 12.7% for 2024 and annualized ROE was 14.6% for the fourth quarter of 2024.
Please view printable versions of the Full Year and Fourth Quarter 2024 Earnings Results [PDF] and the Full Year and Fourth Quarter 2024 Earnings Results Presentation [PDF].
David Solomon, Chairman and CEO of Goldman Sachs, said, “We are very pleased with our strong results for the quarter and the year. I’m encouraged that we have met or exceeded almost all of the targets we set in our strategy to grow the firm five years ago, and as a result, have both grown our revenues by nearly 50% and enhanced the durability of our franchise. With an improving operating backdrop and growing CEO confidence, we are harnessing the power of One Goldman Sachs to continue to serve our clients with excellence and create further value for our shareholders.”
Goldman Sachs also delivered an update on progress of the firm’s simplified strategy, while laying out key objectives for 2025 and beyond. These include:
A conference call to discuss the firm’s financial results, outlook and to provide the progress update will be held at 9:30 am (ET). The call will be open to the public.
Members of the public who would like to listen to the conference call should dial +1-800-289-0459 (in the U.S.) and +1-323-794-2095 (outside the U.S.) passcode number 7042022. The number should be dialed at least 10 minutes prior to the start of the conference call. The conference call will also be accessible as an audio webcast through the Investor Relations section of the website, www.goldmansachs.com/investor-relations. There is no charge to access the call. For those unable to listen to the live broadcast, a replay will be available on our website beginning approximately three hours after the event.
Please direct any questions regarding obtaining access to the conference call to Goldman Sachs Investor Relations, via e-mail, at gs-investor-relations@gs.com.
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