Goldman Sachs has demonstrated a generally increasing trend in both net income and total revenue over the past three years, with some fluctuations. Here's a detailed analysis:
- Growth Trend: The net income of Goldman Sachs has shown a clear upward trajectory, rising from $8.52 billion in 2023 to $11.26 billion in 2022, and further increasing to $14.28 billion in 20241. Similarly, the total revenue has also increased consistently, starting at $46.25 billion in 2023, rising to $47.37 billion in 2022, and reaching $53.51 billion in 2024.
- Yearly Variations: While the overall trend is positive, there are slight variations within each year. For instance, the net income in 2024 decreased by approximately 1.02 billion from the previous quarter, and the revenue in 2023 saw a decrease of about 1.12 billion compared to the preceding quarter. However, these fluctuations did not significantly alter the upward trend in earnings.
- Consistency: The consistency of Goldman Sachs' earnings performance can be attributed to its strong financial performance across multiple quarters, with only minor fluctuations. This indicates a stable and reliable earnings trajectory, which is a positive sign for investors looking for stable investment returns.
In conclusion, Goldman Sachs has shown a high degree of consistency in its earnings performance over the past three years, with a clear upward trend in both net income and total revenue, despite some minor fluctuations within each year.
3/28/2025 07:21am
